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Good news – you don't have to dump your Tesla (NASDAQ: TSLA ) stock and other electric vehicle stocks to be prepared for what's coming. Electric cars are crucial, but hybrid electric vehicles are also gaining traction.
UDR's Q1 earnings are likely to have gained from portfolio diversification and technological initiatives, though high supply and elevated interest rates are likely to have acted as dampeners.
Exxon Mobil (XOM) came out with quarterly earnings of $2.06 per share, missing the Zacks Consensus Estimate of $2.19 per share. This compares to earnings of $2.83 per share a year ago.
Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in history.
While the top- and bottom-line numbers for AbbVie (ABBV) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
VanEck Semiconductor ETF fell into correction territory, stunning late investors who chased the AI FOMO. Earnings growth estimates for the semiconductor industry remain robust, lowering the chance of a debilitating bear market decline. SMH's leading companies are expected to continue riding the AI growth wave, underscoring robust buying sentiments.
Gilead (GILD) reports narrower-than-expected loss in the first quarter. Its sales beat estimates on higher HIV, Oncology and Liver Disease sales.
Starbucks and the union plan to meet again in late May to keep working on the framework that will inform every single-store contract.
The NHTSA is looking into whether Tesla did enough to fix Autopilot technology issues in response to a mass recall after multiple crashes involving the driving system.
Lately, I have been actively covering real estate focused closed end funds that are managed by Cohen & Steers. While I recently issued a bullish thesis on a comparable CEF - Cohen & Steers Total Return Realty - when it comes to RQI, I am more cautious. In this article, I elaborate on the key reasons why, in my opinion, investors should seriously consider avoiding RQI and instead reallocate into securities which are not so speculative.