This July, Coinbase, Qualcomm, Adobe, Meta, and Airbnb are standout growth stocks. Each company shows strong financial health and strategic initiatives. Coinbase's robust revenue growth, Qualcomm's AI advancements, Adobe's AI and cloud focus, Meta's significant AI investments, and Airbnb's market expansion highlight their potential for substantial returns. These stocks offer promising opportunities for growth-oriented investors.
For the first quarter of 2022, healthcare behemoth Johnson & Johnson (NYSE:JNJ) posted mixed results, having surpassed earnings but missed revenue expectations.
Last week, Peloton told subscribers that it would lower equipment prices in all markets and add content, disciplines, music, instructors, and new features across its products.
On Monday, Ford Motor Co. announced its agreement to buy lithium from a Lake Resources NL facility in Argentina and later teased a launch date reveal for the highly anticipated F-150 Lightning electric truck.
Billionaire Elon Musk has made a "best and final offer" to acquire 100% of Twitter and take it private in a deal valuing the social-media company at about $43 billion.
On Wednesday, JPMorgan Chase & Co. reported a lower-than-expected quarterly profit, plunging 42% year-to-date amid rising inflation, a fresh wave of Covid-19, and Russia's invasion of Ukraine.
In a regulatory filing Monday, Canadian e-commerce platform Shopify, Inc. announced a 10-for-1 stock split and a new share class dubbed the "Founder share" for its CEO, Tobi LĂźtke, that will give the founder 40% of the total voting power.
Beyond Meat's stock rallied on Tuesday morning, gaining over 6% following news that the plant-based retailer is diversifying and pushing deeper into its chicken segment through new partnerships.
According to Citi analyst Jim Suva, Apple could announce an incremental stock buyback of $80 billion to $90 billion this month and likely raise its dividend by 5-10%.
Last week, Costo Wholesale Corp. enjoyed stellar results after the company reported revenues of $21.61 billion for March, representing an 18.7% increase year-over-year.
To keep its supply chain running smoothly, a spokesperson for Walmart Inc. said the American retailer is increasing in-house truck drivers' starting pay to as much as $110,000 per annum.
Despite being a short week, the markets are set to be busy with inflation expected to hit fresh highs, while bank earnings are expected to decline.Here's what the watch in this week's markets:
To celebrate Giga Texas, Tesla Inc.'s newest factory in Texas near the Austin airport, CEO Elon Musk threw an elaborate party for more than 15,000 people Thursday night.
Financial service provider SoFi Technologies Inc. lowered its revenue guidance for full-year 2022 on Wednesday after President Joe Biden postponed the suspension date of federal student loan payments.
On Wednesday, leading ridesharing and mobility company, Uber (NYSE:UBER), said it would add trains, buses, planes, and car rentals as transportation options for its customers in the UK later this year.
On Tuesday, General Motors Co. and Honda Motor Co. said they would collaborate on cost-effective plug-in technology to produce a series of electric vehicles.
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