Month: October 2020

Despite those delays, Apple has mostly beaten sales expectations this year and released a slew of new products and services that its customers have embraced while largely homebound during the pandemic. Apple said revenue and profits for the fiscal fourth quarter ended on Sept. 26 was $64.7 billion and 73 cents per share, compared with analyst estimates of $63.7 billion and 70 cents per share, according to IBES data from Refinitiv. Analysts anticipated consumers would hold off on iPhone purchases ahead of new iPhone 12 models. …read more […]

Despite those delays, Apple has mostly beaten sales expectations this year and released a slew of new products and services that its customers have embraced while largely homebound during the pandemic. Apple said revenue and profits for the fiscal fourth quarter ended on Sept. 26 was $64.7 billion and 73 cents per share, compared with analyst estimates of $63.7 billion and 70 cents per share, according to IBES data from Refinitiv. Analysts anticipated consumers would hold off on iPhone purchases ahead of new iPhone 12 models. …read more […]

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Facebook’s ad revenue rose 22% in the third quarter, as it beat analyst expectations of earnings growth. The company on Thursday reported net income of $7.8 billion in the three months ended September 30, a rise of 29% from the same period a year earlier. That translated into $2.71 per share, beating the estimate of […] …read more […]

The tech giant has entrenched itself as one of the biggest beneficiaries of the coronavirus pandemic. …read more […]

CEO Kevin Johnson says the U.S. and China are seeing a ‘faster-than-expected’ recovery. …read more […]

Shares of Twitter declined to $46.95 in after-market trading. The San Francisco-based social media company said it had 187 million monetizable daily active users (mDAU) during the third quarter, missing consensus analyst expectations of 195.2 million users, according to IBES data from Refinitiv. Costs and expenses grew 13% from the same period last year to $880 million, as the company said it spent more on infrastructure-related expenses. …read more […]

Activision Blizzard blew out analysts’ Q3 expectations on continued strength from its ‘Call of Duty’ franchise. …read more […]

Netflix shares saw a pop on Thursday after the company announced that some price hikes for its plans for U.S. subscribers according to the Verge. Yahoo Finance’s The Final Round panel breaks down the latest from the streaming company. …read more […]

Here comes another price hike for Netflix customers in the U.S.: The streaming giant will hike the price of the Standard two-stream HD plan, its most popular package, by about 8% — going from $12.99 per month to $13.99. In addition, Netflix’s Premium tier (with four streams) is going up by $2, from $15.99 monthly […] …read more […]

The tech giant has entrenched itself as one of the biggest beneficiaries of the coronavirus pandemic. …read more […]

If all goes well, the first doses of a safe and effective coronavirus vaccine will likely become available to some high-risk Americans in late December or early January, Dr. Anthony Fauci, the top U.S. infectious diseases expert, said on Thursday. Based on current projections from vaccine front-runners Moderna Inc and Pfizer Inc, Americans will likely know “sometime in December whether or not we have a safe and effective vaccine,” Fauci, director of the National Institute of Allergy and Infectious Diseases, said in a live chat on Twitter and Facebook. “The first interim look (at trial results) should be, we hope, …read more […]

Today I want to share a swing trade I recommended back in September.
The online retailer I recommended saw better-than-expected sales for the second quarter but still sold off sharply. Seeing the opportunity for a quick gain, I advised subscribers to buy the stock at market and suggested speculators consider the November $180 calls.
Ten days later, the stock jumped 35%… proving once again the power of short-term swing trading.

Click here to watch today’s video. And stay tuned for more swing trade recommendations.
Good investing,
Nicholas
For the latest news from Nicholas, connect on Facebook and Twitter …read more […]

We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are… …read more […]

America goes to the polls on Tuesday (well, actually, America has been early voting for a few weeks, now), and while Democrat Joe Biden has a solid lead in the polls, there is some of evidence that President Trump may still win a second term. Finally, with all of the early voting, mass absentee ballots, and possible extended counting deadlines, we might not know on Tuesday night who the winner is.It’s a situation made of uncertainty, and financial markets don’t like that. Which brings us to dividend stocks. Investors want a pad, something to protect their portfolio in case of …read more […]