Equifax Stock Tumbles on Weaker Mortgage Demand. Wall Street Is Still Optimistic.
“Our 2024 guidance reflects an expectation of a decline of about 11% in our 2024 U.S. mortgage credit inquiries,” CEO Mark Begor said.
This is what could happen next to Palantir shares.
Prepare yourself for a big shock.
Over the past six years, billionaire Bill Gates has spent more than $113 million purchasing Nebraska farmland and has taken out two loans totaling $700 million against it. Gates owns about 20,000 acres of farmland in Nebraska, where longtime friend and fellow billionaire Warren Buffett resides. The farmland is held by more than 20 shell companies. Why would one of the world's richest people need to take out a loan? Many high-net-worth individuals borrow against their assets if they need money th
Rivian stock angled lower Tuesday after Q1 earnings amid speculation Apple is exploring a partnership with the EV startup.
Warren Buffett is selling his largest holding, and that's a huge deal.
Palantir, a data analytics software company, continued to gain traction with its artificial-intelligence tools in the quarter ended in March. Palantir shares, which rallied 8.1% in Monday’s regular session, fell more than 15% on Tuesday. Palantir followed up its “bombastic” December quarter with even better results for the March quarter as the data analytics software company continued to gain traction with its artificial-intelligence tools, in particular with U.S. commercial customers.
After a rocky month of April, investor sentiment has improved somewhat. At least in part, this can be attributed to a better-than-expected earnings season. So far, about 80% of the S&P 500-listed companies have reported their Q1 results, and 77% of those have shown a quarterly EPS above the forecasts. Overall, the earnings reported are 7.5% better than the estimates, a beat that’s well above the 6.7% decadal average. Scott Chronert, a U.S. equity strategist at Citigroup, comments on the broader
Lower realizations of commodity prices hurt BP's earnings in Q1.
With energy prices on the rise, here are three dividend stocks to consider in the energy sector, from high risk to low risk.
Arista Networks reported first quarter earnings and revenue that topped consensus estimates and announced a new $1.2 billion stock buyback.