Teladoc (NASDAQ:TDOC) stock slumped by more than 50% after the company’s first-quarter earnings report disappointed. TDOC reported a revenue miss of $3.28 million, caused by an abrupt drawdown in its sales cycle. It seems as though the competitive sphere is heating up in the telehealth space, causing crowdedness in the industry. Teladoc’s return on invested
In its 2021 annual report, Berkshire Hathaway (BRK.A, BRK.B) reported full-year overall earnings of $89.8 billion and a $144 billion cash pile. Once again, the question will be asked: Why doesn’t Berkshire Hathaway pay a dividend to its shareholders? The short answer is that company founder and CEO Warren Buffett believes that money can be
Nearly 5,000 laborers died on the job in 2020, according to a new report from the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), with Latino and Black workers having the highest fatality rates. Despite the U.S. making strides in keeping workers safe since the passage of the Occupational Safety and Health Act
Upstart Holdings (NASDAQ:UPST) filed its annual proxy earlier this month. According to the form, CEO Dave Girouard received almost $15 million in total compensation, nearly all of it in UPST stock options and awards. Given its share price is down 48% year-t0-date, those stock options and awards aren’t nearly as valuable as in October. At
Quality dividend stocks like these can see portfolios through good times and bad. Buy these and hold them forever. AbbVie (ABBV): 3.64% forward yield. The market is overreacting to recent news with this pharmaceutical giant. Best Buy (BBY): 3.86% forward yield. An economic slowdown may not affect its ability to keep raising its dividend. ConAgra
In this article BRK.A Warren Buffett, Chairman and CEO of Berkshire Hathaway. David A. Grogan | CNBC Warren Buffett has begun to unleash Berkshire Hathaway‘s massive cash stockpile in recent weeks, snapping up an insurer and multi-billion dollar stakes in energy and computer corporations. But his recent moves are more notable for what he has
In this article FB TDOC LUV MCD CAT Pavlo Gonchar | LightRocket | Getty Images Check out the companies making headlines in midday trading. Meta Platforms — Shares of the company formerly known as Facebook surged 17% after reporting mixed first-quarter results. The company posted a beat in earnings but a disappointing revenue miss. It also
DoorDash (NYSE:DASH), a food delivery service, has been making waves in the food industry for some time now. On Monday, the company received a strong vote of confidence from Morgan Stanley. The company initiated coverage on DASH stock with an Equal-weight rating. Brian Nowak, a renowned analyst, has released optimistic predictions for DASH in the
Ocugen (NASDAQ:OCGN) was one of the most explosive stocks, at one point. In fact, from a December 2020 low of about 29 cents, the stock exploded to $17.65 by November 2021. All thanks to hopes for its coronavirus vaccine, Covaxin. Even Noble Financial analyst Robert LeBoyer had an outperform rating on the stock, with a
Class C shares are a type of mutual fund shares. Mutual fund shares are divided up into various classes. The three main classes are Class A shares, Class B shares, and Class C shares. Each of these classes of mutual fund shares is distinguished by its specific load and fee structure. The main difference between
President Joe Biden on Thursday asked Congress to approve about $33 billion in additional aid for Ukraine, which would be on top of the $13.6 billion in military, economic and humanitarian assistance that U.S. lawmakers authorized last month. “We have to do our part,” Biden said in a speech on the topic at the White
On today’s show, Preston talks with Bitcoin thought leader, Parker Lewis. Parker talks about his thoughts on the debt ceiling, supply chains, the trillion-dollar coin, and how Bitcoin solves the systematic issues that plague the global economy. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro 0:01:38 – What’s happening at the state level with Bitcoin
Zacks has created two proven stock rating systems that provide valuable insights into the future profitability of a stock. Discover the differences between them to determine how they can best help you achieve your financial goals.
Tesla (TSLA) stock dropped by more than two Twitters (TWTR) in a day. Some investors understandably question paying 18 times revenue for a luxury nameplate. For now, the mid-market belongs to Tesla’s rivals. Source: Kathy Hutchins / Shutterstock.com Tesla (NASDAQ:TSLA) stock dropped the equivalent of two Twitters (NASDAQ:TWTR) the day after the social media company
Devon Energy (DVN) – Play the higher energy prices with this producer Gilead Sciences (GILD) – Rich pipeline a catalyst beyond Covid-19 drugs Honda Motor (HMC) – Strong electric vehicle plans through the year 2040 Manulife Financial (MFC) – Strong insurance business and cash flow growth Rio Tinto (RIO) – Rising metal prices to lift
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 3, 2021. Brendan McDermid | Reuters (Click here to subscribe to the Delivering Alpha newsletter.) The hedge fund industry attracted its largest inflows in seven years during the first quarter as investors sought downside protection amidst a volatility
In this article TDOC LVS TMUS MAT PINS PYPL QCOM F FB Woman holds smartphone with Meta logo in front of a displayed Facebook’s new rebrand logo Meta in this illustration picture taken October 28, 2021. Dado Ruvic | Reuters Check out the companies making headlines after the bell: Meta Platforms — Meta Platforms’ stock
[embedded content] What happens at Netflix stays at Netflix… including a distinct lack of innovation. Which is why, last week, Netflix (NASDAQ:NFLX) stock dropped quite the bomb with its quarterly report. The company’s growth not only stalled out — it crashed and burned. After reporting the loss of more than 200,000 subscribers, NFLX stock fell
Robinhood Markets’ (HOOD) stock has collapsed, falling 74% since last autumn. The company is losing users on its trading app and racking up big losses. While Robinhood has launched several initiatives to improve its situation, HOOD stock continues to fall. Source: dennizn / Shutterstock.com Down 74% in the past six months and 88% below its
Due to the demands of running a business, one of the most precious commodities for small business owners is time. With a variety of obligations spanning legal, human resources, and business operations, the financial aspect of a small business may often be neglected by an owner simply without enough time. This crunch for time presents