Year: 2020

Hewlett-Packard Enterprise released its third quarter earnings report after hours on Tuesday, which beat investor expectations on both its top and bottom lines. The HPE CEO released a note saying that the company ‘gained momentum in key areas of differentiation’ and predicts its revenue to increase sequentially into 2021 due to a demand for big data. Yahoo Finance’s Jared Blikre breaks down the company’s earnings report. …read more […]

(Bloomberg) — Salesforce.com Inc. topped analysts’ second-quarter revenue and profit estimates and raised its annual sales forecast, signaling robust demand for the company’s customer-relations software. Shares jumped more than 12% in late trading.In the second quarter, which ended July 31, revenue climbed 29% to $5.15 billion. On average, analysts projected $4.9 billion. Profit before certain items was $1.44 a share; excluding an additional 58-cent gain from investments, that number would have been 86 cents a share. Analysts had predicted 67 cents.Sales will be as much as $5.25 billion in the third quarter, the San Francisco-based company said Tuesday in a …read more […]

Though Nordstrom got hit hard on the bottom and top lines, cash flow and margins improved. …read more […]

Software company Intuit reported a beat on top line numbers for their 4th quarter earnings, with a net revenue of $1.82B versus estimates of $1.55B. The Final Round panel breaks down the key numbers. …read more […]

The decision follows Teva’s refusal to agree to a settlement that would have required paying a criminal penalty and admitting wrongdoing, the person https://bit.ly/32qtltO said. Bloomberg Law was first to report the expected lawsuit. Teva earlier declined to comment on the Bloomberg Law report. …read more […]

In my previous article on the benefits of blue chip stocks, I went over several reasons why these stocks can be great for building wealth.
However, it would be wrong to ignore the fact that there are also some disadvantages of blue chips stocks. In today’s article, I will go over some of these disadvantages.
As a reminder, blue chip stocks are those of large stable companies that have produced reliable returns over a long period of time. They are also usually listed in an index like the S&P 500 or the Nasdaq. Many blue chip stocks are famous brands that you …read more […]

Every investor in Rekor Systems, Inc. (NASDAQ:REKR) should be aware of the most powerful shareholder groups… …read more […]

IBM Corp. (NYSE: IBM) is celebrating its 109th year.
That’s an astonishing achievement for any company, let alone one in the dynamic technology sector.
“Big Blue” is a remarkable exception in a world where yesterday’s heroes become today’s zeros.
But even IBM eventually lost its identity as a “one decision” stock.

Portfolio managers used to say that “no one ever got fired for buying IBM.”
Today, IBM has long ceded that role to today’s tech giants.
The Essence of “Creative Destruction”
Austrian economist Joseph Schumpeter popularized the phrase “creative destruction” in the 1950s.
According to Schumpeter, the “gale of creative destruction” describes the “process of industrial mutation… that …read more […]

The cliché says, May you live in interesting times. These days, it seems that’s just a description of ordinary life. The coronavirus crisis whipsawed the economy from gangbusters growth to a short, but deep recession – and now we’re seeing the markets rise and rise and rise. The S&P 500 has regained its pre-crisis record levels, and the NASDAQ seems to set new highs every day. Data shows that unemployment is falling, and the jobs are coming back.More importantly, perhaps, the nature of work may have permanently changed. The virus prompted a mass move to remote work and telecommuting, and …read more […]

Scott Galloway, professor of marketing at NYU Stern School of Business argues the Dow Jones Industrial Average (^DJI) is “one of the most dangerous numbers ever manufactured.” …read more […]

Technology is taking over every industry. And now some of the best stocks you can buy are dividend tech stocks. They’ve proven themselves as consistent cash flow machines.
With so much cash piling up, the tech companies can’t reasonably reinvest it all. As a result, they pass it along as dividends to investors. For example, Microsoft has paid an annual dividend for the last 14 years. Investors can then decide what to do with it instead.
Some of the dividend tech companies below haven’t paid out for nearly as long. Although, they’re adding to their dividend history each year. And investors can …read more […]

Alibaba affiliate Ant Group filed for a dual listing on the Hong Kong and Shanghai exchanges, in what could be the largest IPO in history, as the company sees a massive jump in profits. Yahoo Finance’s Emily McCormick joins Akiko Fujita to discuss. …read more […]

The world’s biggest airline says it will have 30% fewer staff by October. …read more […]

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of… …read more […]

Nike’s decision to end relationships with several wholesalers is a win for the Swoosh brand, according to Susquehanna International Group. …read more […]