Institutions’ behavior

Airbnb stock fell sharply despite outperforming earnings, and plans to buy back $2 billion in stock

Airbnb said Tuesday that it made a second-quarter profit as a public company, and that it’s so confident in its business that it’s buying back $2 billion of its stock. “Our results for the second quarter show that Airbnb has achieved broad-based growth and profitability,” CEO Brian Chesky said during prepared remarks on the company’s …

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PayPal stock jumps 12% as company confirms Elliott stake and appoints EA exec as new CFO amid profit beat

After seeing its shares lose nearly two-thirds of their value in the past year, PayPal Holdings Inc delivered a profit-heavy report on Tuesday, announcing a new CFO, buy-back authorization program and cost savings, while also confirming that activists at Elliott Management Inc. Corp. a stake in the company. Additionally, the company beat expectations with its …

PayPal stock jumps 12% as company confirms Elliott stake and appoints EA exec as new CFO amid profit beat Read More »

PayPal stock jumps 12% as company confirms Elliott stake and appoints EA exec as new CFO amid profit beat

After seeing its shares lose nearly two-thirds of their value in the past year, PayPal Holdings Inc delivered a profit-heavy report on Tuesday, announcing a new CFO, buy-back authorization program and cost savings, while also confirming that activists at Elliott Management Inc. Corp. a stake in the company. Additionally, the company beat expectations with its …

PayPal stock jumps 12% as company confirms Elliott stake and appoints EA exec as new CFO amid profit beat Read More »

Pinterest stock jumps more than 20% despite profit loss, as Elliott confirms stake and users remain

Pinterest Inc missed forecasts on earnings and directed lower revenue than analysts had expected in the current quarter, but shares continued to rally in after-hours trading as users paused in a quarter that prompted a sudden turnaround and attracted an active investor. pinterest pins, + 2.62% On Monday, it reported a second-quarter loss of $43.1 …

Pinterest stock jumps more than 20% despite profit loss, as Elliott confirms stake and users remain Read More »

Apple raised $5.5 billion in debt after upbeat earnings, iPhone sales offset fears of consumer downturn

Apple Inc. introduced , optimistic new quarterly results tied to strong iPhone sales, a four-part bond deal on Monday to raise new debt. The new deal from Apple AAPL, -0.62% The tech giant has raised $5.5 billion by issuing four series of bonds rated AAA from Moody’s Investors Service and AA+ from S&P Global, according …

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15 High Quality Dividends You Can Buy For Sale Now

John Buckingham, editor of the Prudent Speculator newsletter, paraphrases Warren Buffett when he says “Whether it’s socks or stocks, we like to buy low-quality goods.” 2022 is the year that offered attractive buying opportunities. Pouring money into stocks during a bull market means that you are buying at a high price. But if you’ve been …

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Nancy Pelosi’s husband sells $4 million worth of Nvidia stock at a huge loss

House Speaker Nancy Pelosi’s husband has sold more than $4 million in stock in software and chip company Nvidia NVDA, + 5.52% This week, the publicly available financial disclosures appear. Paul Pelosi’s deal was executed on July 26, when he sold 25,000 shares at an average price of $165.05 per share, for a total loss …

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On a busy morning, 3M announced the separation of healthcare, mixed earnings and voluntary bankruptcy of the subsidiary

3M was busy before the market opened Tuesday, as it announced a planned split of its healthcare business, second-quarter results and the voluntary bankruptcy of the company’s Aearo Technologies subsidiary. Backed by the wave of advertisements, 3M Co MMM shares, -1.71% It rose 8.6% to an intraday high of $145.70 moments after the opening, before …

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Weekend reads: Get ready for a big week – crucial Fed decision, tech earnings and GDP report

This was mostly a week for stocks, particularly the rebound of the high-tech Nasdaq Composite, as companies beat expectations for second-quarter earnings. Next week brings a heavy dose of tech earnings, the Federal Reserve’s meeting on Tuesday and Wednesday, and the first reading of second-quarter GDP on Thursday. Federal Reserve officials are expected to raise …

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Analyst says AT&T earnings were ‘really good’ despite share sale

AT&T shares fell sharply Thursday after the telecom giant cut its free cash flow forecast for the year, but one analyst said the latest report wasn’t all bad. In fact, analyst Walt Pickick at LightShed Partners called his research note: “AT&T’s Q2 was really good. Here’s why.” Admittedly, AT&T’s T, -7.62% The management team did …

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