STOCK ANALYSIS
WEEKLY FORECAST
FINANCIAL NEWS
Alphabet's Google invests $300 million in AI startup Anthropic

Alphabet's Google Cloud reportedly invested $300 million in Anthropic, an artificial intelligence startup testing a rival to OpenAI's ChatGPT.

McDonald's beat estimates as limited-edition products boost sales

During the fourth quarter, Adult Happy Meals and other limited-edition products boosted traffic at McDonald's restaurants despite higher prices, beating Wall Street earnings and revenue estimates in its latest earnings results.

Meta shares soar as Zuckerberg strikes new tone with investors

On Wednesday, shares of Meta Platforms Inc. soared 20% amid fourth-quarter revenue that beat Wall Street estimates, while Chief Executive Officer Mark Zuckerberg called 2023 the "Year of Efficiency."

Exxon marks historic high for Western oil industry in latest earnings

Bolstered by high commodity prices, rising energy demand, and a well-timed strategy to invest in its Permian Basin assets, Exxon reaped a record $56 billion profit that surpassed fourth-quarter estimates, keeping the stock's upward momentum going.

Toyota keeps its title as the world's top-selling carmaker, widens lead over Volkswagen

Defending its title as the world's top-selling carmaker and widening its lead over Volkswagen AG, Toyota Motor Corp. said it had sold 10.5 million vehicles in 2022, despite supply chain disruptions.

Ford to slash prices on EV Mustang Mach-E models amid Tesla cuts

On Monday, Ford Motor Co. said it is cutting prices of its electric Mustang Mach-E crossover up to $5,900 on some versions in response to Tesla slashing prices on several of its models a few weeks earlier.

Intel shares plunge after dismal quarterly forecast and signifant sales slump

As customers hold back on tech spending amid gloomy market conditions, Intel Corp. gave one of the most dismal quarterly forecasts in its history.

IBM delivers upbeat sales forecast and joins others in staff layoffs

On Wednesday, International Business Machines Corp. delivered an upbeat annual sales forecast while joining the wave of companies making layoffs, saying it would eliminate 3,900 employees from its workforce.

Lobbyist Jim Chen leaves Rivian, joining slew of talent to exit EV start-up

Chief lobbyist Jim Chen is leaving Rivian Automotive Inc, the electric-vehicle start-up said Monday, in the latest high-level exit as it works to scale up operations.

Tesla expects delivery growth to continue as price cuts boost demand

Even as it gave mixed signals on the outlook for growth in vehicle deliveries, Tesla reported better-than-expected profits in the latest quarter.

4 Simple Ways to grow your investment portfolio

Whether you are just starting or have been investing in the market for years, having a well-diversified portfolio is paramount for long-term success.

Microsoft erases gains after announcing lackluster quarterly guidance

On Tuesday, Microsoft Corp. sparked a relief rally for the cloud before the stock retreated after management announced lackluster guidance for the technology giant's third quarter.

Meme stock investor Ryan Cohen builds stake in Alibaba

In a rare case of activism targeting a prominent Chinese firm, meme stock investor Ryan Cohen has built a stake in Alibaba Group Holding Ltd worth hundreds of millions of dollars.

Spotify shares climb as it joins tech companies announcing layoffs

Shares of Spotify climbed on Monday following reports the music-streaming service was planning job cuts as soon as this week, joining a slew of companies in announcing layoffs to lower costs.

Peloton hires former Twitter veteran, Leslie Berland as Chief Marketing Officer

Seeking to bolster the interactive fitness provider's brand, Peloton this week announced it has hired Twitter Inc. veteran Leslie Berland as its chief marketing officer.

Ready to get started?

Start trading with the full package, from start-of-the-art platform to free tool and favorable transaction fees.