We recently published a list of Growth Stock Portfolio: 12 Stock Picks By Warren Buffett. In this article, we are going to take a look at where Mastercard Incorporated (NYSE:MA) stands against other growth stock picks by Warren Buffett. Warren Buffett’s Berkshire Hathaway portfolio has long been a beacon for value investors looking for high-quality businesses with…
Why Uber (UBER) Shares Are Falling Today Shares of ride sharing and on demand delivery service Uber (NYSE: UBER) fell 7.4% in the pre-market session after the company reported weak fourth-quarter results: gross booking guidance for the next quarter missed, and this is weighing on shares. Also, the comments during its earnings call suggest that…
Rising over +20% in Wednesday’s trading session, Palantir Technologies PLTR stock has been a highlight of this week’s earnings lineup after reporting strong Q4 results yesterday evening. Palantir has garnished Wall Street’s attention as its artificial intelligence platform (AIP) is seeing high demand with PLTR spiking to over $100 and now up +500% in the last…
Total Revenue: $14.1 billion, up 9% from last year. Cloud Revenue: $5.9 billion, up 24%. SaaS Revenue: $3.5 billion, up 10%. IaaS Revenue: $2.4 billion, up 52%. Cloud Services and License Support: $10.8 billion, up 12%. Infrastructure Subscription Revenues: $6 billion, up 17%. Operating Income: Grew 10%, with an operating margin of 43%. Non-GAAP EPS:…
Philips (PHG, Financials) lowered its full-year outlook for 2024 due to declining demand in China; with an adjusted EBITA margin at 11.5%, the firm now forecasts comparable sales growth between 0.5% and 1.5%. Projected to be 900 million euros, free cash flow falls at the lower end of its past projection. With 4.4 billion euros…
Electric carmaker Tesla had its best day on the market in over a decade on Thursday, on the back of the company’s surprisingly solid results. Shares ended Thursday’s session up nearly 23%, giving Tesla a market valuation of $836bn (£644bn). CEO Elon Musk’s net worth jumped by $33.5bn, widening his lead as the world’s richest…