Verizon Communications (VZ) on Friday reported fourth-quarter adjusted earnings and revenue that edged by Wall Street targets. In 2025, the Dow Jones telecom giant said it expects wireless service revenue growth of 2.4% at the midpoint of guidance. Verizon stock edged lower in early trade. For the period ended Dec. 31, Verizon earnings came in…
Meta Platforms (META) stock got a pair of price target hikes from analysts Thursday ahead of the Facebook parent’s fourth-quarter earnings results due next week. Wedbush analysts reiterated an outperform rating for Meta stock and raised their Meta price target from 680 to 700. Lead analyst Scott Devitt cited “positive momentum into 2025” for the…
Intuitive Surgical (ISRG) stock skidded late Thursday despite beating profit expectations following a strong sales preannouncement that sent shares on a five-day sprint. ↑ X NOW PLAYING How To Buy Stocks: Profit From Earnings Reports Using This Option Strategy During the December quarter, the robotic surgery giant earned an adjusted $2.21 per share, easily beat…
The Dow Jones Industrial Average rose 0.2% after Thursday’s weekly jobless claims report as investors awaited President Trump’s address at the World Economic Forum. The S&P fell 0.1% while the Nasdaq traded 0.4% lower. Both indexes remained above their 50-day moving averages in the stock market today. Nvidia (NVDA) fell more than 1%. Tesla (TSLA) edged…
Abbott stock reversed early losses Wednesday, shrugging off a “middling” quarter, on its strong sales outlook for 2025 and a bullish fourth-quarter performance from its diabetes devices. ↑ X NOW PLAYING How To Buy Stocks: Profit From Earnings Reports Using This Option Strategy For the full year, Abbott Laboratories (ABT) expects sales to grow 7.5%…
Check out the companies making headlines in midday trading. Netflix — The streaming giant soared nearly 12% to an all-time high on the heels of better-than-expected results in the fourth quarter. Netflix reported earnings per share of $4.27 on revenue of $10.25 billion. Analysts polled by LSEG forecast $4.20 per share and $10.11 billion in…
The Dow Jones Industrial Average and the other major indexes climbed Wednesday, continuing Tuesday’s rally. Netflix (NFLX) jumped on robust subscriber numbers while Oracle (ORCL) rallied after President Donald Trump announced a new partnership to build U.S. artificial intelligence infrastructure. The Dow Jones added 0.3% and climbed further above the 44,000 level, after closing above…
Netflix (NFLX) stock scored a flurry of price-target hikes after the internet television network crushed Wall Street’s estimates for new subscribers in the fourth quarter. Shares rocketed to a record high on the news. Late Tuesday, Netflix said it added 18.91 million subscribers in Q4, ending 2024 with 301.63 million subscribers worldwide. Wall Street had…
My top 10 things to watch Wednesday, Jan. 22 1. Wall Street was tracking for a higher open on strong earnings after the S & P 500 and the Dow both rose Tuesday for the fifth straight session. The Nasdaq logged back-to-back gains. We looked how President Donald Trump ‘s new initiatives will impact our…
Interactive Brokers (IBKR) beat earnings estimates for the fourth quarter late Tuesday as strong stock markets boosted trading and lending activities. In extended trade, Interactive Brokers stock popped, signaling a potential breakout on Wednesday. Rival Charles Schwab (IBKR) beat Wall Street estimates early Tuesday on record inflows. Schwab stock jumped near a buy point. Upstart…