CheckMan Stock Market Overview

Meta Platforms (NASDAQ: META ) is still losing billions of dollars on the metaverse. In fact, in the company's latest earnings call, CEO Mark Zuckerberg spent a good deal of time talking about how Meta loses money, including the $3.8 billion it lost on the metaverse.

Digital may have changed the face of retail, but consumers continue to want to shop in stores, demanding that even the most eCommerce-centric companies such as Shopify adapt.

Investing in undervalued utilities stocks is a good idea for several reasons. Utilities offer stable, long-term investments with regular dividend payouts, making them attractive for income-seeking investors.

For Q1 of 2024, Uber Technologies Inc UBER revealed that the company performed better than expected in terms of revenue, seeing a 15% growth compared to last year, but its operating profit didn't hit its target.

As the saying goes, the trend is your friend. High-momentum stocks can be profitable, often with higher short- and medium-term win rates.

Snowflake (SNOW) has had some trouble breaking over the $160 level for the past couple months. The stock is trading well below its February bear gap and is down 20.5% since the start of the year.

Occidental Petroleum Chief Executive Vicki Hollub on Wednesday said the company hopes to close the acquisition of shale oil producer CrownRock before the second-quarter earnings call, which typically happens in early August.

Wells Fargo & Co. on Wednesday named seasoned banker Fernando Rivas as senior executive vice president and co-chief executive of its corporate- and investment-banking unit as builds up its presence in the deal-making space.

Fitch Ratings downgrade New York Community's (NYCB) IDRs. This is primarily due to the bank's weak earnings and profitability.

Alcoa Corp  (NYSE:AA) stock is down 3.1% to trade at $36.41 at last check, looking to snap a four-day win streak as it pulls back from an April 29, 52-week high of $38.20.