$VOO(VOO)$ Just want to share my view on ETF [Grin] Do you invest ETF ? ETFs provide better diversification than a single stock in terms of portfolio and risks. Compared with mutual funds, most ETFs provide more transparency regarding holdings, are easier to trade, typically provide more tax efficiency, and in many cases, have lower operating costs. The most common disadvantage pertains to EFTs that are designed to track indexes - tracking errors can create discrepancies. Thinly traded EFTs may also have wide bid/ask spreads, and depending on your broker, trading costs could be a concern.
Citigroup tops profit estimates as bank benefits from rising interest rates, shares surge 13%$Citigroup(C)$ Impressive result👍 Earnings per share: $2.19 vs $1.68 expected👍 Revenue: $19.64 billion vs $18.22 billion expectedDespite Friday's stock gain, Citigroup remains the cheapest of the six biggest U.S. banks from a valuation perspective. The stock was down 27% in 2022, as of Thursday's close, when its shares hit a 52-week low.Good time to nimble. It is a great company 😁
$Amazon.com(AMZN)$ Good news to share ! [Smile] Amazon.com had completed its $3.5 billion takeover of primary care provider One Medical, a day after a U.S. Federal Trade Commission (FTC) official announced that the agency would not challenge the deal. The acquisition, announced last July, gives the online retailer a virtual health offering as well as offices for in-person medical services for the first time
Good day all! I will go with a balanced approach 50% saving, 50% investing— it is because it combines safety and growth. Saving ensures a financial cushion for emergencies, essential purchases, or short-term goals. On the other hand, investing early allows young people to take advantage of compound interest and long-term market growth, potentially building wealth over time. This strategy provides both liquidity and the chance for capital appreciation, helping to meet both immediate and future financial needs while managing risks effectively. [Smile]
$Meta Platforms, Inc.(META)$Hi all, good news for Meta believer [Cool] Meta introduces NFT features for Instagram in more than 100 countries. As the social media juggernaut wants to get in on the digital fever, the recently released digital collectibles are accessible in 100 different nations.Meta Spreads Instagram’s NFT Feature to Other Continents including AfricaMeta said on Thursday, August 4 that it would be bringing the NFT features to the Americas, the Middle East, Africa, and Asia-Pacific. It is not yet known, though, if the feature is restricted to specific people in the locations. This follows a productive test of the features in May.If you’re asking how it came to be that Meta introduces NFT features for Instagram, the answer i
CCitigroup - C scheduled to report earnings before Friday’s open. The stock hit a split adjusted record high of $570/share in 2006 and is currently trading near $43/share. The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down. My view: From where I sit, the most important trait I look for during earnings season is how the market and a specific company reacts to the news. Remember, always keep your losses small and never argue with the tape.
$Tesla Motors(TSLA)$HAPPY NEWS [Cool] Tesla (TSLA) reported its Q2 earnings after the closing bell on Tuesday, meeting analysts’ estimates, following a prolonged COVID-induced shutdown at its Shanghai production facility.The company also says it sold 75% of its Bitcoin, turning it into fiat currency, adding $936 million in cash to its balance sheet. The quarter, however, ended Tesla's streak of reporting record revenue.Here are the most important numbers from the report compared to Wall Street’s expectations, as compiled by Bloomberg.Revenue: $16.9 billion vs $16.88 billion expectedAdjusted EPS: $2.27 vs $1.83 expectedTesla shares were up more than 3% following the report.
$Walt Disney(DIS)$Hi guys, I thought price for them at 130 is way lower already but it keeps goingdown. Any specific reason or just market is so volatile now? Care to share more. Thank you🙏
$Vanguard S&P 500 ETF(VOO)$Do you agree? Opinion I gathered...Share me your thought? [Sly] The Vanguard ETF indexed to the S&P 500 faces a number of current and long-standing issues that should result in this fund underperforming for some time.Inflation and a rising dollar should limit most earnings growth of the main large-cap companies making up this index fund.The overall market is likely to remain range bound for some time as earnings growth flat line, so investors will likely be better off investing in specific stocks or sectors.
Disney- Disney's Parks, Experiences and Products revenue beat analysts' estimates, more than doubling year over year.- The Parks, Experiences and Products segment has been adversely affected by the COVID-19 pandemic but continues to recover amid vaccine rollouts and the relaxation of restrictions.- The number of Disney+ subscribers came in about 2.3 million subscribers above estimates.- Disney+ is Disney's video streaming service and has grown rapidly since it first launched in late 2019, but the pace of growth has slowed dramatically.
$Bank of America(BAC)$still bullish? I am [Grin] Bank of America reported earnings of $6.2 billion, or 73 cents a share, missing Wall Street forecasts. Analysts surveyed by FactSet expected the bank to earn 75 cents a share in the second quarter. A year earlier, Bank of America earned a profit of $1.03.Revenue increased 6% to $22.7 billion, in line with consensus estimates. Trading revenue in the second quarter, Bank of America said, rose 17% to $4.2 billion, including net debit valuation adjustment gains of $158 million.
$Walt Disney(DIS)$i am Bullish towards Disney [Cool] Disney: 100 More Years Of Great Returns AheadThe Walt Disney Company is approaching its 100-year anniversary next year, having been founded in 1923.Disney is a perfect "buy-and-hold forever" type of investment, and the current market environment has produced an attractive entry point under $100 per share.The company has a long history of profitability, and the stock now offers a margin of safety after retreating 50% from the all-time highs.Disney has had its share of bad news recently, from COVID-19 shutdowns and slashing of the dividend to politics and more, but is poised for a long-term recovery.Currently trading at 1.6x book value, the stock represents great
$Adobe(ADBE)$Q3 Financial Highlights [Miser] great news Adobe achieved record revenue of $4.43 billion in its third quarter of fiscal year 2022, which represents 13 percent year-over-year growth or 15 percent in constant currency. Diluted earnings per share was $2.42 on a GAAP basis and $3.40 on a non-GAAP basis.GAAP operating income in the third quarter was $1.48 billion, and non-GAAP operating income was $1.96 billion. GAAP net income was $1.14 billion, and non-GAAP net income was $1.60 billion.Cash flows from operations were $1.70 billion.Remaining Performance Obligations (“RPO”) exiting the quarter were $14.11 billion.Adobe repurchased approximately 5.1 million shares during the quarter.
Summary for Adobe believer 😁Adobe (NASDAQ:ADBE) reported quarterly earnings of $3.35 per share which beat the analyst consensus estimate of $3.31 by 1.21 percent. This is a 10.56 percent increase over earnings of $3.03 per share from the same period last year. The company reported quarterly sales of $4.39 billion which beat the analyst consensus estimate of $4.34 billion by 1.15 percent. This is a 14.47 percent increase over sales of $3.83 billion the same period last year.
$Snap Inc(SNAP)$hot news! [Glance] Snap reportedly plans to lay off roughly 1 in every 5 employeesMore from the news I read this morning:Snap  would cut about one in five employees, after previously reporting executive discussions about cutbacks in the wake of a disappointing quarterly earnings report. The fresh report said that executives will begin making the cuts on Wednesday, and target specific departments such as hardware, an area that Snapchat’s parent company has struggled to break into, including a freshly scrapped drone initiative
$Amazon.com(AMZN)$shares traded higher by 11.5% on Friday after the company reported impressive second-quarter numbers in a difficult macroeconomic climate.On Thursday, Amazon reported a second-quarter adjusted EPS loss of 20 cents, missing analyst estimates of a 14-cent profit. Second-quarter revenue was $121.2 billion, beating Wall Street expectations of $119.3 billion. Revenue was up 7% from a year ago.Amazon reported $19.7 billion in Amazon Web Services revenue, beating analyst estimates of $19.56 billion.Looking ahead, Amazon guided for third-quarter revenue growth of between 13% and 17%.Ratings And Price Targets:* Bank of America has a Buy rating and a $170 target.* Morgan Stanley has an Overweight rating and a $175 target.* Rosenblatt Secur