STOCK ANALYSIS
WEEKLY FORECAST
FINANCIAL NEWS
Apple poised for another stock buyback, Citi analyst sees potential

According to Citi analyst Jim Suva, Apple could announce an incremental stock buyback of $80 billion to $90 billion this month and likely raise its dividend by 5-10%.

Costco is on the rise amid strong March sales

Last week, Costo Wholesale Corp. enjoyed stellar results after the company reported revenues of $21.61 billion for March, representing an 18.7% increase year-over-year.

Walmart increases trucker pay, expands training program

To keep its supply chain running smoothly, a spokesperson for Walmart Inc. said the American retailer is increasing in-house truck drivers' starting pay to as much as $110,000 per annum.

5 Things to watch in this week's markets

Despite being a short week, the markets are set to be busy with inflation expected to hit fresh highs, while bank earnings are expected to decline.Here's what the watch in this week's markets:

Tesla celebrates new Giga factory in Texas at "Cyber Rodeo" event

To celebrate Giga Texas, Tesla Inc.'s newest factory in Texas near the Austin airport, CEO Elon Musk threw an elaborate party for more than 15,000 people Thursday night.

SoFi Technologies shares fall on lowered revenue guidance

Financial service provider SoFi Technologies Inc. lowered its revenue guidance for full-year 2022 on Wednesday after President Joe Biden postponed the suspension date of federal student loan payments.

Uber has ambitious plans to create a super-app for travel

On Wednesday, leading ridesharing and mobility company, Uber (NYSE:UBER), said it would add trains, buses, planes, and car rentals as transportation options for its customers in the UK later this year.

GM and Honda to jointly expand electric vehicles and technology

On Tuesday, General Motors Co. and Honda Motor Co. said they would collaborate on cost-effective plug-in technology to produce a series of electric vehicles.

A look inside Netflix's future, what investors should know

While global markets are coping with various challenges and geopolitical uncertainties, Netflix has had its fair share of ups and downs since the onset of the coronavirus pandemic.

NIO delivers solid quarterly results for vehicle deliveries

For March 2022, Nio reported 9,985 vehicle deliveries, representing year-over-year growth of 37.6%, while cumulative deliveries of vehicles as of March 31, 2022, reached 192,838.

Starbucks CEO veteran suspends share Buybacks on his first day back

CEO Veteran Howard Shultz suspended billions of dollars in shares repurchases Monday and said his immediate focus would be on cafes, customers, and employees rather than the stock market.

Elon Musk takes a major stake in Twitter, casts poll vote for Edit Button

In a securities filing Monday, Elon Musk reported owning nearly 73.5 million shares on Twitter, representing a 9.2% stake valued at $2.9 billion based on Friday's closing price.

Google sends autonomous vehicles into U.S. streets with Waymo

Google's (NASDAQ:GOOGL) sister company, Waymo LLC, is making its first attempt at sending cars without any human control into major metropolitan areas with its fully autonomous vehicles.

5 Things to watch in the week's markets

Sought to be another interesting week in this week's market with potentially increased sanctions against Russia and intensified lockdowns in China, here's what to watch in this week's markets.

Beyond Meat and Pepsi launch new jerky, potential rebound

On Wednesday, Beyond Meat announced it is launching the first product from its joint venture with PepsiCo and, following the news, Beyond's stock rose 2.3%.

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