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Billionaire Peter Hargreaves-Backed Fund Offloads Stake In Meta, Microsoft Amid Global Economic Woes
Friday, April 18, 2025 - 7:19am | 600The Blue Whale Growth fund, backed by the billionaire Peter Hargreaves, has sold its entire stake in Meta Platforms Inc. (NASDAQ:META) and Microsoft Corporation (NASDAQ:MSFT) amid fears of a global economic slowdown. What Happened: The decision to exit Meta and Microsoft was announced by the fund...
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Big Tech Slide An Opportunity To Buy Amid Selloff? Analyst Highlights Bigger Fundamental Concerns Amid The Possibility Of Technical Bounce Back
Wednesday, March 5, 2025 - 5:27am | 1035As technology giants have declined in 2025, underperforming the market on a year-to-date basis, this analyst says that the slide could be a buying opportunity anticipating a technical bounce back, however, he also highlights fundamental concerns for the longer-term. What Happened: Based on his...
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Qualcomm Q4 Earnings Highlights: Revenue Beat, EPS Beat, New $15 Billion Share Buyback Announced
Wednesday, November 6, 2024 - 5:00pm | 525Qualcomm Inc (NASDAQ:QCOM) reported fourth-quarter financial results and a new share buyback plan after the market close Wednesday. Here are the key highlights. What Happened: Qualcomm reported fourth-quarter revenue of $10.24 billion, up 19% year-over-year. The revenue total beat a Street...
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Q3 Earnings Preview: Analyst Predicts Tech Will Triumph While Energy Will Struggle
Thursday, October 10, 2024 - 3:34pm | 448As the third-quarter earnings season kicks off, one analyst examined the sectors anticipated to perform well and those likely to be left in the dust. The Data: Scotiabank analyst Hugo Ste-Marie previewed third-quarter earnings in a note published Wednesday. The analyst believes that earnings will...
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If You Invested $1,000 In Apple Stock When Warren Buffett Bought Shares, Here's How Much You'd Have Now
Friday, October 4, 2024 - 12:02pm | 731Warren Buffett once called Apple Inc (NASDAQ:AAPL) "probably the best business" he knew in the world when asked why he invested so heavily in the technology giant in recent years. Here's a look back at the investment and how much investors could have made following the legendary investor, known to...
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Apple iPhone 16 Pre-Orders Show Possible Low Demand, One Sign Could Point To Company Break With This Employee Rule
Wednesday, September 18, 2024 - 7:20pm | 485A well-known Apple Inc (NASDAQ:AAPL) analyst and iPhone sales forecaster is predicting weak demand of the iPhone 16 with a new hint that expectations may not be met. What Happened: Apple unveiled the iPhone 16 last week and highlighted several new features including its Apple Intelligence...
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Nvidia Is Next Week's Top Stock, Market Strategist Says: Why Best Long-Term Idea Is 'Just Buy Nvidia And Put It Away'
Friday, August 23, 2024 - 2:59pm | 838An earnings report from NVIDIA Corporation (NASDAQ:NVDA) will be closely watched by investors and could be a market-leading indicator, a market strategist tells Benzinga ahead of the results coming Aug. 28 after market close. Nvidia Earnings on Watch: Analysts expect Nvidia to report second-quarter...
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EXCLUSIVE: Which Magnificent 7 Stock Would Investors Put $1,000 In Today? 44% Of Benzinga Readers Pick This Company
Thursday, August 15, 2024 - 2:38pm | 788Over the past year, investors have often turned to the market leaders, which among large cap companies are often the Magnificent 7 stocks. A new Benzinga poll looks at which of the seven stocks are the most popular with investors today. What Happened: Six of the seven Magnificent 7 stocks are up...
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EXCLUSIVE: Which Magnificent 7 Stock Could Best Weather A Recession? Benzinga Readers Split On Pick, With A Tie For The Win
Friday, August 9, 2024 - 10:03am | 885A large drop in the market on Monday sparked fears of a recession. While the stock market has recovered in the days since, investors are factoring concerns of a recession and high valuations for stocks including the Magnificent 7 members. What Happened: The SPDR S&P 500 ETF Trust (NYSE:SPY),...
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Poll Finds Over 70% Believe 2024 Stock Market Peak Not Yet Reached
Friday, August 2, 2024 - 8:47am | 919The last week of July and first part of August marked a busy one for the markets with several notable earnings reports, including four of the Magnificent 7 stocks reporting quarterly financial results. A poll conducted by Benzinga reveals that many investors see the market trading higher in the...
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EXCLUSIVE: Top 20 Most-Searched Tickers On Benzinga Pro In July 2024 – Where Do Tesla, Nvidia, Apple, CrowdStrike Rank?
Thursday, August 1, 2024 - 6:55pm | 1612Each trading day features hundreds of headlines and press releases on Benzinga Pro, a source for traders to see the latest news on the overall market and individual tickers. Here is a look at the most-searched stocks on Benzinga Pro for the month of July 2024. Current prices and year-to-date...
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Cloudflare Q2 Earnings Highlights: Revenue Beat, EPS Beat, Guidance Shines
Thursday, August 1, 2024 - 5:09pm | 325Cloud connectivity company Cloudflare Inc (NYSE:NET) reported second-quarter revenue of $401.0 million, up 30% year-over-year. The revenue beat a Street consensus estimate of $394.69 million, according to data from Benzinga Pro. The company reported earnings per share of 20 cents, which beat a...
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Microsoft Stock Slide From Azure Weakness Brushed Off By Analysts: 'Azure Has Solid Pipeline, AI Has Long Runaway Ahead'
Wednesday, July 31, 2024 - 1:08pm | 1303The performance of Microsoft Corporation's (NASDAQ:MSFT) Azure cloud segment and future artificial intelligence initiatives are keys to the stock for analysts after fourth-quarter financial results. While Azure and AI got the headlines, one analyst was surprised by the lack of color on the impact...
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Nancy Pelosi Loads Up On More Nvidia Shares, Sells Part Of Microsoft Stake Before Q4 Earnings
Wednesday, July 31, 2024 - 12:04pm | 683Nancy Pelosi remains one of the most followed members of Congress when it comes to the disclosure of stock and options trades. The former House speaker disclosed the purchase of more NVIDIA Corporation (NASDAQ:NVDA) shares this week. What Happened: Pelosi disclosed two stock trading positions...
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Nancy Pelosi Vs. Kamala Harris: Poll Shows Who People Think Is the Better Investor
Saturday, July 27, 2024 - 9:30am | 1008The investing portfolios of former Speaker of the House Nancy Pelosi and Vice President Kamala Harris may differ, with a preference of individual stocks versus exchange traded funds. What Happened: With President Joe Biden dropping out of the 2024 election, Harris is the favorite to secure the...