For the first quarter that ended June 30, 2023, BABA’s revenue increased 13.9% year-over-year to $32.29 billion. Its adjusted EBITDA grew 26.6% from the year-ago value to $7.18 billion. Also, the company’s non-GAAP net income and non-GAAP EPS rose 48.5% and 47.6% year-over-year ...
Of course, this project will require significant capital to move forward. And given where lithium prices are, there are specific risks with this stock that investors should be aware of. With $147 million of cash on its balance sheet, Lithium Americas does have some runway to move forward. Bu...
Adjusted earnings-per-share of $1.19 compared unfavorably to $1.22 in the prior year, but this was $0.01 more than anticipated. For the quarter, Verizon had postpaid phone net additions of 239K, which was much better than loss of 51K that the company had in the same quarter a year ago...
In 2021, DKNG stockshould do much better. Not only will most major sporting events resume as normal in the New Year, but there are growing expectations that more U.S. states will legalize sports betting in coming months. Analysts at Oppenheimer recently noted that many states face revenue sho...
While Symbotic isn't yet profitable, it nearly doubled its year-over-year sales in the quarter that ended June 24 and has clients such as Walmart Inc. (WMT) and Target Corp. (TGT). CNA Financial Corp. (CNA) Loews Corp. (L) has stepped up this year to bolster its belief in CNA,...
(YOY) in the first quarter. That’s always been a bright spot for the company, but profits are also expanding at a quick rate. Net income came to $27.0 million this quarter compared to a net loss of $2.6 million in the same quarter last year. Rising profits will support a lower P/...
UOB Kay Hian has issued a research report projecting that market volatility will escalate this year. With US President Donald Trump set to take office on January 20, there remains uncertainty over whether he will immediately impose tariffs on Chinese goods or impose the 60% tariff.The broker add...
Thinking about it another way, this asset should be about twice as volatile than the benchmark while still having its expected returns correlated in the same direction. That is, returns would be correlated with the market’s overall direction, but would return double what the market did during...
While not as low as pre-pandemic rates, dividend stocks will obviously look a lot more attractive at that point. Best Canadian Dividend Stock To Buy Right Now Our 2024 top Canadian dividend stock pick, Stella-Jones (SJ) is up more than 15% so far this year. There has been a bit more...
Although I can't consult a crystal ball that tells me what stocks will deliver the best returns, I've tried to do the next best thing. In this article, I'll discuss 10 stocks that I think could be great buys for long-term investors looking to put their money to work. Why these 10...