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The Latest Breaking News from GAAP

Affirm Nears Profitability and Wall Street Is Cheering

Affirm stock is rallying Thursday after the BNPL firm reported strong results and said it expects to turn a profit by the end of this fiscal year. Here's what you need to know.

Is Palantir Stock a Buy on Its Microsoft Partnership?

Is Palantir Stock a Buy on Its Microsoft Partnership?

Palantir Technologies stock surged 6% after announcing a crucial partnership with Microsoft to boost AI and analytics services for U.S. government agencies, sparking a fresh wave of investor interest and optimism about the company's growth potential.

Apple's stock price problem: While profits doubled, the tech darling's market cap quadrupled

Apple's stock price problem: While profits doubled, the tech darling's market cap quadrupled

Investors should beware buying Apple stock at these levels, given how hard it will be to reward them in the future.

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3 Top-Rated Semiconductor Stocks to Watch as Earnings Season Kicks Off

As the earnings season kicks off, here are three top-notch semiconductor stocks that analysts are highly bullish on.

3 Promising Retail Stocks for Reliable Returns in 2024

The retail industry’s long-term growth is fueled by resilient retail sales, and rapid technological expansion. Thus, it could be ideal to buy fundamentally solid retail stocks Amazon.com (AMZN), Walmart (WMT), and Target Corporation (TGT) for reliable returns in 2024. Keep reading.

Are These 3 Casino Stocks a Good Buy Now?

Analysts rate all three casino stocks a “strong buy," and expect them to rally about 30% to 45%.

Why This Beaten-Down Growth Stock Looks Set to Rebound in the Second Half

While SoFi has lost over a third of its market cap in the first half of 2024, it looks like a beaten-down growth stock that could rebound in the back half of the year.

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The AI Race Heats Up: 2 Extraordinary Stocks to Buy for July

The AI Race Heats Up: 2 Extraordinary Stocks to Buy for July

These two growth stocks appear to be well-positioned to capitalize on the AI wave.

Nvidia stock forecast: After rising more than 200% in a year the chipmaker could be fabulously profitable, an AI leader—and an extremely poor investment

Nvidia stock forecast: After rising more than 200% in a year the chipmaker could be fabulously profitable, an AI leader—and an extremely poor investment

As one skeptic notes, margins the size of Nvidia’s don’t last long: “That’s analyst training 101.”

Nvidia posts $26 billion Q1 revenue amid record AI GPU demand surge

Nvidia posts $26 billion Q1 revenue amid record AI GPU demand surge

Nvidia reports its best quarter ever as demand for Hopper processors set records.

Tom’s Hardware

Up 145% YTD, Should This AI Stock Be On Your May Watchlist?

Up 145% YTD, Should This AI Stock Be On Your May Watchlist?

Wall Street predicts 37% upside for this pure-play AI stock, on average. Could another strong quarter drive up the stock price?

Can SoFi’s Q1 Earnings Help to Reverse the Slide in Its Stock?

Can SoFi’s Q1 Earnings Help to Reverse the Slide in Its Stock?

SoFi will release its earnings on Monday. Is the fintech stock a buy now after collapsing almost 21% in 2024?

3 Cheapest Dividend Aristocrats To Buy Right Now

3 Cheapest Dividend Aristocrats To Buy Right Now

These three Dividend Aristocrats are trading at cheap valuations. Don't get left behind on the buying spree.

2 Cheap Growth Stocks to Buy and Hold This February

2 Cheap Growth Stocks to Buy and Hold This February

While the U.S. stock markets are near record highs, SoFi and Tesla are two growth stocks that look relatively cheap and trade at a discount of over 50% from their all-time highs.

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International Business Times

IBM Is Catching Up With Microsoft And Apple On Wall Street—Is The Comeback For Real?

After years of decline, IBM's Economic Value Added (EVA), a measure of Economic Profit, the value a company generates more than the cost of capital, has been rising.

Frustration mounts as Roblox investors await returns on Gen Z metaverse sensation

Even as the platform registers surging growth in users and engagement, CEO David Baszucki has been advised to take a page from Spotify peer Daniel Ek and cut costs.

Warren Buffett had a good, bad, and ugly earnings report with Berkshire Hathaway—but not as ugly as it looks

Berkshire Hathaway lost over $20 billion on Apple last quarter and had a nearly $13 billion net loss, but it's sitting on a massive cash pile.

Windows Central

AMD revenue of $5.8 billion for Q3 2023 with 17% increase in gross profits

AMD reports solid 3rd quarter financials for its 2023 fiscal year but the shares drop due to 4th quarter outlook.

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Uber's CEO doesn't know how much a three-mile ride in one of his own cabs costs

"On my God. Wow," was Khosrowshahi's response.

How did the Inflation Reduction Act of 2022 change corporate taxes?

The Joint Committee on Taxation estimated that about 150 corporations would be subject to a new minimum corporate tax each year.

Celsius Appoints Jarrod Langhans As Finance Chief

Celsius Holdings Inc (NASDAQ:CELH) has appointed Jarrod Langhans as Chief Financial Officer (CFO), effective April 18, 2022. Jarrod has served as the CFO of the European and Israel operating segments of Primo Water Corp (NYSE:PRMW). Langhans has financial and leadership background across areas such as financial reporting, including SEC, GAAP, and IFRS, financial planning and…

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