Nokia Drops 4% on Weak Earnings Outlook: Is it Time to Hit the Panic Button and Sell NOK?
Shares of Finnish telecommunications company Nokia Oyj (NOK) have fallen roughly 4% so far Thursday morning after an earnings outlook revision for the full year. The road to recovery hasn’t panned out how executives had hoped. The original operating profit guidance called for somewhere between 2.3 billion and 2.9 billion euros ($2.50 billion - $3.15 billion) for 2024. The [...]
Is United Airlines a Buy After Surprise Earnings Beat? 3 Things Investors Need to See for UAL
United Airlines (UAL) reported third-quarter earnings Tuesday that came in just above analyst expectations. The stock is up nearly 12% Wednesday on the heels of this update. Here’s how the company performed relative to the consensus estimate: Earnings per share: $3.33 adjusted compared to the $3.17 consensus Revenue: $14.84 billion compared to the $14.78 billion consensus Revenue represented a [...]
What Are Options? Understanding Options for Beginners
Written by: John LinDahl What are these things called “options”? What is the mystique about them and are they as risky as people say? There are lots of myths about options and how they are supposed to be dangerous. While every investment contains risk, if used correctly, options can reduce risk and increase profits. Options can provide the following [...]
Ericsson Stock Gets a 13% Earnings-Fueled Gain: Is Now the Right Time to Buy ERIC?
The Swedish telecommunications company Ericsson (ERIC) is up more than 13% so far Tuesday morning after posting third-quarter earnings that easily surpassed expectations. The company brought in 7.327 billion Swedish crowns, which works out to roughly $0.7 billion. This was well ahead of the 5.75 billion crown analysts were anticipating for earnings. It was also a massive improvement year [...]
Things Go From Bad to Worse for Stellantis Amidst Management Changes: Still Time to Sell STLA?
Late last week Stellantist (STLA) announced its plans to change things up from a management perspective. After a few consecutive periods of bleeding profits and lowering production, it was time to breathe fresh life into the company. Now, the company’s current CEO of Jeep - Antonio Filosa - will step in as COO of the group’s entire operations across [...]
Weekly Market Recap: From Selloffs to Optimism
Monday: Wall Street started the week in negative territory due to rising treasury yields and concerns about upcoming economic data. The Dow, S&P500, and Nasdaq fell by 0.9%, 1.0%, and 1.2%, respectively. Tuesday: A tech stock rebound helped the Major Indices recover from Monday’s losses. The Dow gained 0.3%, the S&P500 increased 1.0%, and the Nasdaq surged 1.5%. Wednesday: [...]
