Good morning traders and investors of the r/stocks sub! Welcome to the new trading day and a fresh start! Here are your pre-market stock movers & news on this Wednesday, April the 26th, 2023-
Stock futures rise after Microsoft, Alphabet post earnings beats: Live updates
U.S. stock futures rose Wednesday as Big
During the great financial crash nobody wanted to touch the bank stocks. Buffet bought Bank of America for very cheap when nobody bought the bank stocks back then. Now that the banks are dipping and I feel like there is a lot of exaggeration isn't it the best time NOW rather than when they're hitting ATHs? What's the difference between now and buying the bank stocks back in 08-09 when there was a more legit reason to not buy bank stocks?
Visa Inc. Reports Fiscal Second Quarter 2023 Results San Francisco, CA, April 25, 2023 – Visa Inc. (NYSE: V)
GAAP net income of $4.3B or $2.03 per share and non-GAAP net income of $4.4B or $2.09 per share
Net revenues of $8.0B, an increase of 11% and 13% on a constant-dollar basis
Share repurchases and dividends of $3.2B
Net revenues in the fiscal second quarter were $8.0 billion, an increase of 11%, driven by the year-over-year growt
LONDON — Britain’s top competition regulator on Wednesday moved to block Microsoft’s acquisition of video game publisher Activision Blizzard.
The measure marks a major blow for the U.S. tech giant, as it seeks to convince authorities that the deal will benefit competition.
Microsoft said it plans to appeal the decision.
The U.K. Competition and Ma
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Some helpful links:
- Finviz for charts, fundamentals, and aggregated news on individual stocks
- Bloomberg market news
- StreetInsider news:
- Market Check - Possibly why the market is d
On April 25, 2023, Fiserv, Inc. ($FISV) announced impressive Q1 results, causing a significant upswing in its stock price. The company exceeded analyst expectations, reporting $1.58 per share and sales of $4.55 billion, beating estimates of $1.57 and $4.19 billion, respectively.
In response to its strong performance, Fiserv raised the bottom end of its 2023 financial guidance, projecting organic revenue growth between 8% and 9%, with an EPS outlook rangin
so i’ve always wanted to get into stocks but was always set off bc i never truly understood (even to this day) how they worked. i’ve watched multiple videos and read websites but i still don’t understand bc they use some fancy ass words. i’m sure u guys and the other stock subreddits get this question a lot, but i’d really appreciate it if anyone could help me out here by explaining the basics of stocks, crypto, day trading etc! ty!
Alphabet ($GOOGL) reported first quarter earnings on Tuesday that beat expectations on the top- and bottom-lines, while also authorizing a massive $70 billion stock buyback. Alphabet stock rose as much as 5% in after hours trading on the news.
The Google and YouTube parent company reported revenues that beat expectations in its advertising segments, even amid an industry-wide digital ad slowdown. YouTube's ad revenue came in at $6.69 billion, a small,
I’ve heard the narrative over and over again, plagiarized from that one NYT : a chatbot interface will “cannibalize” Google’s business model.
Why? Because it reduces click through?
Well, first of all, users don’t actually want a verbose chatbot experience for 99% of searches. Second of all they’re very weird, Bing chat is totally out of the media now since it’s super creepy
But ignoring that for a moment, let’s pretend a chatbot
My dad has developed dementia, so my mom and I have been trying to help him with his investments.
We recently discovered a portfolio containing ~450 individual stocks.
I find this to be unmanageable (especially for someone with dementia).
Any tips on responsibly trimming this portfolio down to 20-50 holdings?