PayPal, Arm Holdings, MicroCloud Hologram, Alibaba, Disney: Why These 5 Stocks Are On Investors’ Radars Today
U.S. stocks ended firmly in the green on Wednesday with the Dow Jones Industrial Average rising 0.4% to…
Altimeter Buys PayPal Stake, Just As Josh Brown Dumps His
Altimeter Capital CEO Brad Gerstner said his firm bought a "small" position in PayPal just one day after Ritholtz CEO Josh Brown sold.
PayPal Q4 Earnings: Revenue Beat, EPS Beat, Payment Volumes Up 15%, Active Accounts Down 2%, Soft Guidance And More
PayPal's fourth-quarter revenue increased 9% year-over-year to $8.03 billion, which beat the consensus estimate of $7.87 billion, according to Benzinga Pro. The company reported quarterly adjusted earnings of $1.48 per share, which beat analyst estimates of $1.36 per share.
S&P 500 Flirts With 5,000 As Magnificent 7 Tops $13 Trillion, NYCB Sinks: What’s Driving Markets Wednesday?
Wednesday is a bullish day on Wall Street, with major large-cap indices extending record highs, aided by robust corporate earnings. Despite the overall market optimism, concerns linger within segments such as regional banks, highlighting investor caution.
Nasdaq, S&P 500 Futures Stall As Rate Worries Dampen Earnings Cheer: Why This Analyst Isn’t Worried ‘Too Much’ About Short-Term Risks
The focus once again shifts to speeches by Federal Reserve officials, as traders seek clarity on the potential schedule for rate cuts.
Earnings Scheduled For February 7, 2024
Companies Reporting Before The Bell
• Madison Square Garden (NYSE:MSGE) is expected to report quarterly loss at $0.80 per share on revenue of $301.83 million.
AI-Generated Fake IDs Bypass Crypto Exchange KYC Checks, OKX Says Industry-Wide Issue
A new online service, OnlyFake, reportedly utilizing advanced artificial intelligence (AI) technologies, was successful creating counterfeit driver's licenses and passports.
Apple, Alphabet, Fiverr International, And A Global Payments Processor: CNBC’s ‘Final Trades’
On CNBC’s "Halftime Report Final Trades," Steve Weiss of Short Hills Capital Partners named Alphabet Inc. (NASDAQ: GOOG) (NASDAQ:
PayPal Is Resilient Despite Challenges: Here’s What Analysts Are Focusing On Ahead Of Q4 Earnings
When PayPal releases Q4 earnings, crucial metrics such as payment transactions per account and total transactions will grab analyst attention.
Meta, Diamondback Energy, Taiwan Semiconductor And More On CNBC’s ‘Final Trades’
On CNBC’s "Halftime Report Final Trades," Josh Brown of Ritholtz Wealth Management referred to upcoming tech earnings, with Uber Technologies, Inc. (NYSE: UBER), Snap In