Articles for author: The whipping post

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ING Group Reports Strong 4th Quarter Results and Outlines 2024 Outlook ING Group Reports Strong 4th Quarter Results and Outlines 2024 Outlook

Mohamad Faizal Bin Ramli ING Group press release (NYSE:ING): Q4 GAAP EPS of €0.45. Total income of €5.41B (+11.1% Y/Y). ING’s net result in 4Q2023 was €1,558 million, up 43.1% on 4Q2022, mainly due to higher income and lower risk costs. The effective tax rate in 4Q2023 was 27.6% compared with 33.6% in 4Q2022 and ...

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Market Analysis: IVW and DWAT ETF Outflows

Investor Exodus Diving into the world of ETFs, recent data from ETF Channel reveals considerable outflows in two prominent funds, igniting concerns among investors. The iShares S&P 500 Growth ETF (IVW) witnessed a substantial reduction in units, as 19,800,000 were liquidated, marking a 4.1% decline from the prior week. This extensive exodus epitomizes an abrupt ...

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Is Mark Zuckerberg’s Next Move Enough to Elevate META Stock? Is Mark Zuckerberg’s Next Move Enough to Elevate META Stock?

Investors ought to prepare for a robust Thursday with the imminent quarterly earnings from Meta Platforms (META), Apple (AAPL), and Amazon (AMZN). Marked by substantial fluctuations, Meta’s performance in 2023 stands out as a tale of resurgence following a dismal 2022. The Roller Coaster Ride of Meta Stock 2023 proved to be a turning point ...

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Alphabet Inc. Sees Shares Fall After Reporting Q4 Results Alphabet Inc. Sees Shares Fall After Reporting Q4 Results

U.S. stock futures were mostly lower this morning, with the Nasdaq futures falling more than 200 points on Wednesday. Shares of Alphabet Inc. GOOG GOOGL shares fell in today’s pre-market trading following fourth-quarter results. Alphabet posted better-than-expected earnings results for its fourth quarter on Tuesday. However, Google’s advertising sales came in short of market estimates. ...

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Largest 2024 Presidential Election Advertising Blitz: Impact on National and Local Companies Largest 2024 Presidential Election Advertising Blitz: Impact on National and Local Companies

Advertising in the 2024 Presidential Election Former President Donald Trump and current President Joe Biden are the two frontrunners to win their party’s nominations for the 2024 presidential election. With polls showing a close battle between the candidates, but one trending ahead, a political action committee is ready to spend hundreds of millions on advertising. ...

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Analyst Applauds Microsoft’s Remarkable Performance Analyst Applauds Microsoft’s Remarkable Performance

Software giant Microsoft Corp. MSFT reported better-than-expected fiscal year 2024 second-quarter results on Tuesday, prompting Wedbush analyst Daniel Ives to reaffirm his optimistic outlook on the company. Wedbush Analyst’s Perspective: Ives, impressed by the results, maintained an Outperform rating and set a $450 price target for Microsoft stock. Microsoft’s astounding fourth-quarter performance and guidance provided ...

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Cathie Wood-Led Ark's Tesla Love Affair Intensifies With $5.5M Stock Buy While Bitcoin ETF Purchases Take A Breather

Ark Investment Management, founded by Cathie Wood, continued its Tesla, Inc. TSLA buying spree on Tuesday, even as the stock struggles to make meaningful headway. The firm also accumulated a few key portfolio stocks ahead of their earnings releases. What Happened: Ark, through its flagship Ark Innovation ETF ARKK, added 28,684 Tesla shares valued at $5.5 million. Despite rising as much as ...

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AMD’s Quarterly Earnings Exceed Expectations with Record Revenue

Image source: The Motley Fool. Advanced Micro Devices (NASDAQ: AMD)Q4 2023 Earnings CallJan 30, 2024, 5:00 p.m. ET Breakdown of the Conference Call: Opening Statements Interactive Session Attendees Opening Statements: Operator Welcome to the AMD fourth quarter and full year 2023 conference call. We’ll soon have a brief question-and-answer session following the formal presentation. [Operator ...

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ASML Dominates AI Chip Market ASML Dominates AI Chip Market

The semiconductor industry took the initial steps into 2024 with renewed confidence, shedding the remnants of the 2023 downturn and heralding a “turning point” for the $600 billion market. Statistics from the Semiconductor Industry Association (SIA), representing most global chipmakers, revealed that global sales soared to $48 billion in November, registering an annual and quarterly ...