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News

Baidu Reports Q2 2024 Financial Results, Driven by AI and Autonomous Innovation
Baidu Reports Q2 2024 Financial Results, Driven by AI and Autonomous Innovation

BEIJING, China – August 22, 2024 – Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888) announced its financial results for the second quarter of 2024, showcasing solid performance across key segments. The company’s continued focus on AI-driven solutions and autonomous driving innovation helped maintain stability despite global economic challenges.

Ross Stores Reports Q2 Earnings and Updates Fiscal 2024 Guidance
Ross Stores Reports Q2 Earnings and Updates Fiscal 2024 Guidance

DUBLIN, Calif. – August 22, 2024 – Ross Stores, Inc. (Nasdaq: ROST) has reported solid earnings for the second quarter of 2024, reflecting the company's resilience and ability to deliver value to its customers despite a challenging economic environment. With a notable increase in net income and sales, Ross Stores continues to outperform expectations, while also providing updated guidance for the second half of fiscal 2024.

NetEase Reports Strong Second Quarter 2024 Financial Performance
NetEase Reports Strong Second Quarter 2024 Financial Performance

NetEase, Inc. (NASDAQ: NTES and HKEX: 9999), a leading provider of internet and game services, has released its unaudited financial results for the second quarter ending June 30, 2024. The company has shown solid growth across multiple sectors, reflecting its strategic focus on innovation, gaming, and content services.

Workday (WDAY) Q2 2025 Earnings Call Highlights: Focus on AI Innovation and Sustained Growth
Workday (WDAY) Q2 2025 Earnings Call Highlights: Focus on AI Innovation and Sustained Growth

Workday delivered solid financial results for Q2 2025, with a 17% growth in subscription revenue and a 25% non-GAAP operating margin. Despite ongoing scrutiny in deal cycles and slower headcount growth across customers, Workday's strong win rates and customer momentum demonstrate its resilience and value in a challenging market. CEO Carl Eschenbach emphasized the company’s continued focus on driving value through AI-powered HR and financial management solutions.

Intuit (INTU) Q4 2024 Earnings Call Highlights: A Strategic Focus on AI and Mid-Market Growth
Intuit (INTU) Q4 2024 Earnings Call Highlights: A Strategic Focus on AI and Mid-Market Growth

Intuit wrapped up a highly successful fiscal year 2024 with impressive financial growth across its core businesses. With revenues up by 13% for the full year, the company's future is set for continued expansion, driven by artificial intelligence (AI) and a focus on mid-market businesses. CEO Sasan Goodarzi and CFO Sandeep Aujla detailed their financial performance, strategy, and upcoming plans for further growth during the Q4 2024 earnings call on August 22, 2024.

 Blue Chips vs. Penny Stocks: Which Type of Stock Is Right for You?
Blue Chips vs. Penny Stocks: Which Type of Stock Is Right for You?

Investing in the stock market is a complex process, and choosing between different types of stocks is one of the critical decisions investors must make. Two common types of stocks that often come up in investment discussions are blue-chip stocks and penny stocks. In this article, we will explore the differences, advantages, and disadvantages of these two types of stocks, and help you understand which might be better suited for your investment goals.

Title: Zoom's Q2 FY 2025 Earnings Call Highlights: AI and Contact Center Drive Growth
Title: Zoom's Q2 FY 2025 Earnings Call Highlights: AI and Contact Center Drive Growth

Zoom Video Communications held its Q2 FY 2025 earnings call on August 21, 2024, revealing strong quarterly performance driven by AI enhancements and strategic growth in its Contact Center segment. Zoom's continued innovation, particularly with AI Companion and Zoom Workplace, is positioning the company for future growth despite macroeconomic pressures. Below, we explore the key highlights from the earnings call.

 Snowflake Q2 2025: Strong Growth, Innovation, Stock Drops 8% After-Hours
Snowflake Q2 2025: Strong Growth, Innovation, Stock Drops 8% After-Hours

Snowflake (SNOW) delivered impressive Q2 2025 results, marked by strong growth in product revenue and robust product innovation, especially in AI and data processing. However, despite the positive performance, Snowflake’s stock price fell by 8% in after-hours trading following the earnings report. Here are the key takeaways from the earnings call held on August 21, 2024:

Target Corporation Q2 2024 Earnings Report: Growth Driven by Traffic and Innovation
Target Corporation Q2 2024 Earnings Report: Growth Driven by Traffic and Innovation

Target Corporation (TGT) recently reported its Q2 2024 earnings, showcasing significant growth and strong performance driven by increased consumer traffic, innovative retail strategies, and a focus on value. The earnings call, held on August 21, 2024, highlighted key developments, including leadership changes, strategic initiatives, and financial results that exceeded expectations.

Synopsys Reports Record Q3 FY24 Results and Sets Strong Full-Year Growth Targets
Synopsys Reports Record Q3 FY24 Results and Sets Strong Full-Year Growth Targets

Synopsys, Inc. (Nasdaq: SNPS), a global leader in electronic design automation (EDA) and semiconductor IP, reported outstanding financial results for its third quarter of fiscal year 2024, which ended on August 21, 2024. The company achieved record quarterly revenue and significant year-over-year growth in both GAAP and non-GAAP earnings per share, demonstrating strong business momentum.

Analog Devices Reports Q3 FY24 Financial Results: Revenue Exceeds Midpoint
Analog Devices Reports Q3 FY24 Financial Results: Revenue Exceeds Midpoint

Analog Devices, Inc. (Nasdaq: ADI), a global leader in the semiconductor industry, announced its fiscal third-quarter 2024 financial results on August 21, 2024. Despite ongoing economic and geopolitical uncertainties, the company exceeded its revenue midpoint projections, positioning itself well for continued growth as the market gradually recovers.

TJX Reports Strong Q2 FY25 Results: Sales Growth and Profit Margin Up
TJX Reports Strong Q2 FY25 Results: Sales Growth and Profit Margin Up

The TJX Companies, Inc. (NYSE: TJX), a global leader in off-price apparel and home fashion retail, has reported impressive results for Q2 Fiscal Year 2025, showcasing notable growth across key performance metrics. With increased customer transactions, enhanced profit margins, and a significant milestone in store expansion, TJX continues to strengthen its market position.

What Is a Black Swan Event and How Does It Impact Stock Markets?
What Is a Black Swan Event and How Does It Impact Stock Markets?

In the world of finance, a Black Swan event refers to an unpredictable and highly impactful event that has severe consequences for the markets. Coined by Nassim Nicholas Taleb, a statistician and risk analyst, in his 2007 book The Black Swan, the term highlights the rare and unforeseen occurrences that can lead to dramatic shifts in market dynamics. These events are often beyond what is typically expected or forecasted based on historical data, and their impact can ripple across the global economy, creating widespread financial instability.

Lowe’s Reports Second Quarter 2024 Sales and Earnings Results
Lowe’s Reports Second Quarter 2024 Sales and Earnings Results

Mooresville, N.C., Aug. 20, 2024 – Lowe’s Companies, Inc. (NYSE: LOW) announced its financial results for the second quarter of 2024, ending Aug. 2, 2024. The company's net earnings were $2.4 billion with diluted earnings per share (EPS) of $4.17, marking a decrease from $4.56 in the same quarter of 2023. The adjusted diluted EPS, which excludes a $43 million pre-tax gain from the 2022 sale of its Canadian retail business, was $4.10.

Palo Alto Networks Q4 2024 Earnings Call Recap and Key Highlights
Palo Alto Networks Q4 2024 Earnings Call Recap and Key Highlights

Palo Alto Networks, Inc. (PANW) recently conducted its Fiscal Fourth Quarter 2024 earnings conference call on August 19, 2024, presenting investors with key financial updates, insights into the company’s cybersecurity strategies, and guidance for the upcoming fiscal year. The call highlighted the company’s solid growth in both revenue and operational performance, bolstered by its innovative platformization strategy and focus on AI-driven security solutions.

EBIT vs EBT: Key Differences, Calculations, and Importance in Business
EBIT vs EBT: Key Differences, Calculations, and Importance in Business

EBIT (Earnings Before Interest and Taxes) and EBT (Earnings Before Taxes) are two critical financial metrics used by companies to measure their financial performance. Although they may seem similar at first glance, there are significant differences between them that every investor, analyst, and entrepreneur should understand. This article provides a detailed overview of what EBIT and EBT are, how they are calculated, and their importance in business.

How Does the Total Expense Ratio (TER) Impact Your Investment Returns?
How Does the Total Expense Ratio (TER) Impact Your Investment Returns?

The Total Expense Ratio (TER) is a crucial metric that helps investors understand the overall cost of investing in a mutual fund or exchange-traded fund (ETF). It plays an essential role in evaluating the profitability of an investment and helps compare different funds by their costs. This article will break down what TER is, how it is calculated, and why it's so important for both novice and experienced investors.

Walmart Reports Strong Q2 Results with eCommerce Surge and Raised FY25 Outlook
Walmart Reports Strong Q2 Results with eCommerce Surge and Raised FY25 Outlook

Walmart Inc. (NYSE: WMT) has released its second quarter results for FY25, showcasing impressive growth across various sectors of the business. The global retail giant experienced substantial increases in revenue, operating income, and eCommerce sales, leading to a raised outlook for the fiscal year 2025.

The Difference Between Price and Value in Stocks: A Key to Long-Term Success
The Difference Between Price and Value in Stocks: A Key to Long-Term Success

Investing in stocks can often feel like a daunting task, particularly when trying to distinguish between price and value. While many investors focus on the stock price, true success in the market often comes from understanding a stock's value. This article will explore the critical distinction between price and value in stock investing, offering insights and examples to help you make more informed decisions. Whether you're new to investing or looking to refine your strategy, this guide is designed to help you get the most out of your investments.

Cash Equivalents: Understanding the Safest Assets in Your Portfolio
Cash Equivalents: Understanding the Safest Assets in Your Portfolio

Cash equivalents are an essential component of any well-diversified portfolio, especially for investors who prioritize liquidity and safety. These instruments offer stability and low risk while providing quick access to funds, making them a critical part of financial planning. In this article, we'll explore what cash equivalents are, their benefits, the most common types, and how they fit into an investment strategy.

Alibaba Announces June Quarter 2024 Results: Revenue Growth but Declining Profit
Alibaba Announces June Quarter 2024 Results: Revenue Growth but Declining Profit

Alibaba Group Holding Limited (NYSE: BABA, HKEX: 9988) has published its financial results for the quarter ending June 30, 2024. Despite a 4% increase in revenue year-over-year, the company faces several challenges, leading to a drop in net income and cash flow. Investors have shown concern as pre-market trading prices indicate a 2.6% drop following the earnings report.

Cisco Systems Surpasses Revenue Expectations in Q4 2024, Boosted by AI, Cloud, and Cybersecurity Investments
Cisco Systems Surpasses Revenue Expectations in Q4 2024, Boosted by AI, Cloud, and Cybersecurity Investments

Cisco Systems (NASDAQ: CSCO) reported impressive results for the fourth quarter of its fiscal year 2024, surpassing revenue expectations and demonstrating significant progress in its strategic areas of focus, particularly in AI, cloud, and cybersecurity.

What Is ROINIC (Return on Invested Net Interest Capital) and Why It Matters?
What Is ROINIC (Return on Invested Net Interest Capital) and Why It Matters?

Return on Invested Net Interest Capital (ROINIC) is an important financial metric used to assess a company's efficiency in generating returns from its invested capital, specifically in comparison to its net interest expenses. Investors and analysts often use ROINIC to evaluate whether a company's management is effectively using its resources to generate profits. In this article, we'll break down the concept of ROINIC, its importance in stock analysis, how to calculate it, and its limitations.

Cisco Reports Strong Q4 FY 2024 Results, Shares Surge After Market by +5.7%
Cisco Reports Strong Q4 FY 2024 Results, Shares Surge After Market by +5.7%

Cisco Systems (CSCO) reported its earnings for Q4 and FY 2024 on August 14, 2024, revealing impressive financial performance despite challenges in the tech industry. Cisco’s growth, driven by AI, cloud, and cybersecurity investments, and a strong focus on software, led to a positive reaction from investors, with the stock price surging by +5.7% in after-market trading.

Currencies

Symbol Last price Change % Change
USD/EUR 0.9478 -0.0005 -0.0538%
USD/GBP 0.7902 -0.0003 -0.0380%
USD/JPY 154.7350 -1.0500 -0.6740%

Indexes

S&P 500

Nov 20, 2024
-0.18 (-0.31%)
57.80

DOW

Jan 1, 1970
0.75

NASDAQ

Jan 1, 1970
17,909.80

Cryptocurrencies

BTC/USD

Nov 20, 2024
+293.20 (0.32%)
92,687.10

Bonds

Symbol Last price Change % Change
5Y
FVX
3.5210 0.0040 0.1137%
10Y
TNX
2.5200 -0.0200 -0.7874%
30Y
TYX
0.0030 -0.0010 -25.0000%

Stocks: gainers S&P 500

Symbol Last price Change % Change
KEYS
Amun Bitwise Select 10 Large Cap Crypto ETP
165.5600 13.4100 8.8137%
DXC
DXC Technology Co
21.1600 1.5800 8.0695%
CSGP
CoStar Group Inc
76.2800 4.1900 5.8122%
HUM
Humana Inc
293.9800 15.8900 5.7140%
EQT
EQT Corp
46.5400 2.4550 5.5688%

Stocks: losers S&P 500

Symbol Last price Change % Change
TGT
Target Corp
121.7500 -34.2500 -21.9551%
QCOM
QUALCOMM Inc
154.2900 -10.4300 -6.3320%
MPWR
Monolithic Power Systems Inc
559.9600 -26.4300 -4.5072%
DG
Dollar General Corp
73.2600 -3.2500 -4.2478%
AES
AES Corp-VA
13.2600 -0.4900 -3.5636%

Sectors

AddWatchNameTickerClosing priceCountryExchangeMarket CapPrice ChangeVolume
+
TAK logo
Takeda Pharmaceutical Co LtdTAK$13.63XNYS$6,268B0.74%55,480
+
NVO logo
Novo Nordisk A-SNVO$102.63XNYS$3,235B2.83%81,527
+
LLY logo
Eli Lilly & CoLLY$753.47XNYS$679B3.23%89,315
+
UNH logo
UnitedHealth Group IncUNH$600.83XNYS$555B4.16%121,064
+
JNJ logo
Johnson & JohnsonJNJ$153.10XNYS$369B0.08%147,629
AddWatchNameTickerClosing priceCountryExchangeMarket CapPrice ChangeVolume
+
PKX logo
POSCOPKX$52.22XNYS$24,264B-0.12%4,317
+
LOMA logo
Loma Negra Cia Industrial Argentina SALOMA$10.95XNYS$1,282B-0.36%17,178
+
LIN logo
LIN TV CorpLIN$450.14XNYS$215B1.37%42,459
+
BHP logo
BHP Group LtdBHP$52.30XNYS$133B-0.74%24,339
+
SHW logo
Sherwin-Williams Co-TheSHW$371.62XNYS$93B-0.50%34,459
AddWatchNameTickerClosing priceCountryExchangeMarket CapPrice ChangeVolume
+
CIB logo
Bancolombia SACIB$32.95XNYS$35,509B0.46%12,996
+
SHG logo
Shinhan Financial Group Co LtdSHG$38.55XNYS$26,458B1.10%6,522
+
MUFG logo
Mitsubishi UFJ Financial Group IncMUFG$11.85XNYS$20,324B0.72%18,431
+
SMFG logo
Sumitomo Mitsui Financial Group IncSMFG$14.205XNYS$13,661B2.05%58,250
+
HDB logo
HDFC Bank LtdHDB$63.17XNYS$13,414B1.33%46,484
AddWatchNameTickerClosing priceCountryExchangeMarket CapPrice ChangeVolume
+
TSM logo
Taiwan Semiconductor Manufacturing Co LtdTSM$189.72XNYS$32,272B1.24%219,770
+
LPL logo
LG Display Co LtdLPL$3.525XNYS$4,760B0.71%12,111
+
NVDA logo
NVIDIA CorpNVDA$145.93XNGS$3,587B-0.72%2,526,600
+
AAPL logo
Apple IncAAPL$229.00XNGS$3,474B0.29%701,265
+
SONY logo
Sony Group CorporationSONY$18.92XNYS$3,384B-0.32%81,210
AddWatchNameTickerClosing priceCountryExchangeMarket CapPrice ChangeVolume
+
AKO.A logo
Embotelladora Andina SAAKO.A$13.21XNYS$2,042B0.23%363
+
CCU logo
Cia Cervecerias Unidas SACCU$10.945XNYS$1,973B0.23%2,604
+
WMT logo
Walmart IncWMT$87.19XNYS$701B0.69%309,266
+
COST logo
Costco Wholesale CorpCOST$928.07XNGS$412B-0.22%38,519
+
PG logo
Procter & Gamble Co-ThePG$170.91XNYS$403B0.08%171,223
AddWatchNameTickerClosing priceCountryExchangeMarket CapPrice ChangeVolume
+
CRESY logo
Cresud SACIF y ACRESY$11.41XNGS$617B2.33%1,003
+
GE logo
General Electric CoGE$177.97XNYS$195B0.24%88,037
+
CAT logo
Caterpillar IncCAT$381.50XNYS$185B-0.21%71,185
+
PAC logo
Grupo Aeroportuario del Pacifico SAB de CVPAC$187.05XNYS$174B0.33%1,765
+
ASR logo
Grupo Aeroportuario del Sureste SAB de CVASR$267.24XNYS$161B-1.90%890
AddWatchNameTickerClosing priceCountryExchangeMarket CapPrice ChangeVolume
+
EC logo
Ecopetrol SAEC$8.05XNYS$73,464B-1.35%119,235
+
TGS logo
Transportadora de Gas del Sur SATGS$28.25XNYS$4,004B-3.29%3,913
+
PXD logo
Pioneer Natural Resources CoPXD$4,578.00XNYS$1,071B1,597.95%-
+
XOM logo
Exxon Mobil CorpXOM$120.36XNYS$537B1.48%278,844
+
PBR logo
Petroleo Brasileiro SAPBR$14.215XNYS$502B-1.59%183,247
AddWatchNameTickerClosing priceCountryExchangeMarket CapPrice ChangeVolume
+
IRS logo
IRSA Inversiones y Representaciones SAIRS$15.84XNYS$1,091B0.76%2,407
+
BEKE logo
KE Holdings Inc.BEKE$20.23XNYS$165B-1.87%199,618
+
PLD logo
Prologis IncPLD$114.53XNYS$106B-0.51%95,112
+
AMT logo
American Tower CorpAMT$200.925XNYS$94B-0.12%64,683
+
EQIX logo
Equinix IncEQIX$918.89XNGS$88B-0.56%10,543
AddWatchNameTickerClosing priceCountryExchangeMarket CapPrice ChangeVolume
+
TM logo
Toyota Motor CorpTM$175.40XNYS$34,622B0.35%6,381
+
HMC logo
Honda Motor Co LtdHMC$26.725XNYS$6,310B0.72%42,435
+
AMZN logo
Amazon.com IncAMZN$202.88XNGS$2,130B-0.84%862,970
+
BABA logo
Alibaba Group Holding LtdBABA$86.77XNYS$1,497B-0.38%174,228
+
PDD logo
Pinduoduo IncPDD$116.609XNGS$1,149B-0.91%207,950
AddWatchNameTickerClosing priceCountryExchangeMarket CapPrice ChangeVolume
+
SKM logo
SK Telecom Co LtdSKM$22.24XNYS$11,649B0.04%13,160
+
KT logo
KT CorpKT$15.35XNYS$10,279B0.36%162,663
+
TEO logo
Telecom Argentina SATEO$13.52XNYS$5,483B-2.94%2,881
+
GOOG logo
Alphabet IncGOOG$177.31XNGS$2,179B-1.24%259,082
+
META logo
Meta Platforms, Inc.META$565.39XNGS$1,430B0.77%213,404
AddWatchNameTickerClosing priceCountryExchangeMarket CapPrice ChangeVolume
+
KEP logo
Korea Electric Power CorpKEP$8.68XNYS$15,218B1.28%3,793
+
ENIC logo
Enel Chile SAENIC$2.80XNYS$3,795B1.45%8,446
+
CEPU logo
Central Puerto SACEPU$13.70XNYS$2,055B2.24%6,052
+
EDN logo
Empresa Distribuidora Y Comercializadora NorteEDN$36.79XNYS$1,607B-0.51%2,481
+
NEE logo
NextEra Energy IncNEE$76.88XNYS$158B-0.26%134,290
AddWatchNameTickerClosing priceCountryExchangeMarket CapPrice ChangeVolume
+
SIEN logo
Sientra IncSIEN$3,780.58XNGS$140B0.00%-