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President and Chief Analyst at TECHnalysis Research Bob O’Donnell speaks to CGTN Europe about the companies' performance and AI strategy.
⏲ 4:47 👁 9.6M
IBM's stock price dropped 9% after hours as its first-quarter sales growth of 1% to $14.5 billion disappointed investors. IBM's consulting division, it's second-largest, reported flat revenues of $5.2 billion, reflecting a \
⏲ 0:46 👁 2.2M
McDonald's Q1 Adjusted EPS of $2.70 missed the consensus estimate of $2.72.<br/>Operating income for the quarter rose 8% to $2.7 billion, with an operating margin of 44.3%.
⏲ 0:53 👁 255K
The Federal Reserve’s preferred measure of inflation – the Personal Consumption Expenditure (PCE) price index – rose more than expected in March, confirming concerning signs of a resurgence in inflationary pressures in the first quarter of the year.<br/><br/>The higher-than-expected PCE report serves as a stark reality check for traders, further postponing expectations of a Federal Reserve rate cut that had already been dwindling in recent weeks.
⏲ 0:48 👁 2.7M
Self-storage center real estate investment trusts (REITs) are companies that specialize in owning and operating income-generating storage facilities, commonly known as self-storage centers. Self-store center REITs invest in properties where individuals and businesses can rent space to store their belongings, such as furniture, household items, business inventory, and vehicles of all types.<br/><br/>Investors in self-storage center REITs benefit from the income generated through leasing storage units to tenants. The demand for self-storage has been driven by various factors, including residential moves, downsizing, and businesses seeking additional space.<br/><br/>If you're interested in investing in a self-storage REIT, here are two you could buy today.
⏲ 1:35 👁 2.6M
Benzinga.com readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy.<br/><br/>Here are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector.
⏲ 1:25 👁 3.1M
Shares of smaller firms have been beaten down in this market slump. But history shows they can still outperform over time.
⏲ 2:39 👁 230K
Cramer says Tesla's China FSD deal gives a whole new revenue stream for Tesla, and can go a long way toward restoring the price momentum.<br/><br/>Tesla's core EV fundamentals were on the wane amid slowing demand and eroding margins.
⏲ 1:15 👁 220K
TheStreet’s Caroline Woods brings you the biggest news of the day, including what investors are watching and why the FCC has fined the country’s largest wireless carriers.
⏲ 1:42 👁 19.8M
The FTC is sending $5.6 million in refunds to Ring customers as part of video privacy settlement.
⏲ 1:26 👁 14.8M
Apple's iPhone sales have plummeted 16% in the first three months of 2024, starting the year on a bad note for the Tim Cook-led company.<br/><br/>What Happened: Apple's iPhone shipments fell by a staggering 9.3 million units, from 58 million in Q1 2023 to 48.7 million in Q1 2024, according to market research firm, Canalys.
⏲ 0:47 👁 200K
Restaurant Brands International is investing another $300 million to remodel around 1,100 Burger King locations in the US. This is part of RBI's broader $2.2 billion plan to revive the Burger King brand in the US through renovations by 2028. RBI previously invested $250 million in remodels and $150 million in mobile apps and advertising. RBI also bought Burger King's largest franchisee, Carrols Restaurant Group, for $1 billion to accelerate the remodel process. Remodeled locations have seen sales climb following an updated \
⏲ 0:41 👁 335K
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