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Lionel Messi: The GOAT

Meta Platforms’ META second-quarter 2023 results, set to be reported on Jul 26, are expected to reflect the benefits of higher advertising revenues.Our model estimate for second-quarter advertising revenues is pegged at $28.95 bil

Following its tenth birthday, the WisdomTree US Quality Dividend Growth Fund (DGRW) is nearing another milestone. The quality dividend growth ETF is rapidly approaching $10 billion in AUM. Should it cross that threshold, it would be the first time DGRW has seen its AUM rise into the tens of billions. That may invite investors and [...] Read more at ETFtrends.com.

France's antitrust watchdog on Tuesday said it had issued a statement of objection against Apple, citing concerns the U.S. technology company could have used "discriminatory and non-transparent conditions" for using user data for advertising purposes on iPhones.

Thanks to the evolution of the internet and social media, today’s retail investors have access to an increasing amount of investment analytics, news, and research. Many of those resources are free. Registered investment advisors are encountering an increasingly sophisticated group of clients and prospective clients. One way advisors can meet the demands of today’s more [...] Read more at ETFtrends.com.

A company that continues to show its ability to generate large amounts of free cash flow and grow its dividend over time is exactly the type of stock I want to own for the long term. In today's video, I will go through five forever dividend stocks, including Microsoft (NASDAQ: MS

Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Patient Investor model based on the published strategy of Warren Buffett. This strategy seeks out firms with long-term, predictable profitability an

In recent years, the global music industry has transformed into a thriving market. Revenues hit an extraordinary $26.2 billion in 2022, marking 9% year-over-year growth. This tempo is likely to continue, according to industry fore

TSMC (NYSE: TSM) and Qualcomm (NASDAQ: QCOM) represent two very different ways to invest in the growing semiconductor market. TSMC is the world's largest and most advanced contract chipmaker, and it manufactures the smallest, densest, and most power-efficient chips for fabless ch

Looking for broad exposure to the Large Cap Growth segment of the US equity market? You should consider the Vanguard Russell 1000 Growth ETF (VONG), a passively managed exchange traded fund launched on 09/22/2010.

Looking for broad exposure to the Technology - Broad segment of the equity market? You should consider the Fidelity MSCI Information Technology Index ETF (FTEC), a passively managed exchange traded fund launched on 10/21/2013.

Designed to provide broad exposure to the Large Cap Value segment of the US equity market, the Invesco S&P 500 Revenue ETF (RWL) is a passively managed exchange traded fund launched on 02/22/2008.

Apple (NASDAQ: AAPL) has rallied investors this year, with its sock up 50% since Jan. 1. Wall Street grew particularly bullish as Apple neared a market cap of $3 trillion and then became the first company to achieve such a milestone in June.

Social media giant Meta Platforms ( NASDAQ:META ) is scheduled to announce its second-quarter results after the market closes on Wednesday, July 26. Expectations are high following the company’s solid performance in the first quarter. Moreover, the stellar launch of the rival Twitter app Threads has also impressed investors. Meta shares have skyrocketed over 142% year-to-date. Most analysts remain bullish on the stock and expect revenue growth to accelerate in the second quarter. Analysts' Expectations from Meta’s Q2 Results Meta returned to top-line growth in the first quarter after three quarters of decline in revenue due to the slowdown in digital ad spending owing to macro pressures, growing competition, and a change in Apple’s ( NASDAQ:AAPL ) iOS privacy policy. Meta’s revenue grew 2.6% year-over-year to $28.6 billion in Q1. However, the first-quarter earnings per share (EPS) fell 19% to $2.20, with restructuring charges related to its streamlining efforts adversely impacting the bottom line by $0.44. Meta has slashed its workforce through multiple rounds of layoffs, calling 2023 the “year of efficiency.”       Coming to Q2 expectations, analysts anticipate EPS to grow over 18% year-over-year to $2.91. Revenue is projected to increase by almost 8% to $31.1 billion. The company had guided for Q2 revenue in the range of $29.5-$32.0 billion. On Monday, Monness analyst Brian White reiterated a Buy rating on Meta with a price target of $275. White expects Meta’s revenue growth to accelerate in Q2 and the company to at least meet his revenue forecast of $31.26 billion and EPS estimate of $2.89. The analyst expects the company to benefit from improving advertising trends. Additionally, White noted that while the company is focused on efficiency, it is making significant investments in AI-related initiatives and innovation. Another Meta bull, Stifel analyst Mark Kelley, raised his price target to $336 from $280 last week and maintained a Buy rating on the stock. Ahead of Q2 earnings, Kelley modestly raised his digital advertising growth forecasts for 2023 and 2024, though he expects only “slightly better results” from ad-based companies compared to the top-line outperformance seen in the first quarter. Technical Indicators Ahead of META’s Q2 Earnings Heading into Q2 results, technical indicators reveal a Neutral stance on Meta Platforms. According to TipRanks’s easy-to-understand technical tool, META’s 50-Day EMA (exponential moving average) is 276.05, while its price is $291.61, making it a Buy. In contrast, META’s shorter duration EMA (20-day) signals that it is a Sell. What is the Target Price for Meta? Wall Street’s Strong Buy consensus rating on Meta is based on 36 Buys and three Holds. The average price target of $324.34 implies 11.2% upside from current levels. Insights from Options Trading Activity TipRanks now presents options activity to help investors plan their trades ahead of earnings releases. Options traders are pricing in a 9.28% move on Meta Platforms earnings. META shares have averaged a (1.16)% move in the last eight quarters. In particular, the stock rose 14% in reaction to Q1 2023 results. The anticipated move is determined by computing the at-the-money straddle of the options closest to the expiration after the earnings announcement. Learn more about TipRanks’ Options tool here. Disclosure

Some investors are giving the shares of dividend-rich companies a second look as expectations grow that the Federal Reserve is nearing the end of a rate-hiking cycle that has lifted bond yields to their highest level in nearly two decades.

Driven by a surge in demand for artificial intelligence, Taiwanese chip maker TSMC plans to invest nearly T$90 billion ($2.87 billion) in an advanced packaging facility in northern Taiwan, the company said on Tuesday.

Shares of Taiwan Semiconductor ( NYSE:TSM ) dipped by about 5% last Thursday following the company's Q2 report, with results coming in somewhat mixed. Specifically, the semiconductor manufacturing giant is currently facing several industry headwinds, resulting in shaky demand dynamics that have, in turn, negatively affected its short-term financials. Although Taiwan Semiconductor may continue to face such pressure for the remainder of the current year, substantial improvements are anticipated starting next year. The semiconductor industry is expected to experience a vigorous rebound in earnings as macroeconomic uncertainties gradually ease, revitalizing demand for semiconductors. Overall, I believe that shares of Taiwan Semiconductor appear heavily discounted against the company's future earnings growth estimates, likely signaling a buying opportunity following the recent dip. Accordingly, I am bullish on TSM stock. What is Currently Negatively Affecting TSM's Operations? TSM's operations have faced several challenges lately due to the semiconductor industry's undergoing a down cycle. As the leading semiconductor foundry, TSM plays a crucial role in enabling the world's largest technology companies, such as Apple ( NASDAQ:AAPL ), Nvidia ( NASDAQ:NVDA ), Qualcomm ( NASDAQ:QCOM ), and Advanced Micro Devices ( NASDAQ:AMD ), to bring their chips to life using its proprietary technology. The current short-term downturn can be attributed to a convergence of various factors, including surging inflation, geopolitical tensions, and the ongoing aftermath of the pandemic, during which consumers purchased electronic devices in bulk. This complex interplay of these circumstances has resulted in heightened macroeconomic uncertainty, a decline in consumer spending, and notable fluctuations in the demand for semiconductors. Moreover, reduced spending on consumer electronics, such as PCs, smartphones, and tablets, has further contributed to a diminished demand for the semiconductors that power these devices, ultimately impacting TSM's performance. Q2 Results: Financials Weighed Down by Macroeconomic Challenges Due to the current challenges just mentioned, TSM's financials were weighted down in Q2. In particular, second-quarter revenue fell 6.2% sequentially or 13.7% year-over-year to $15.7 billion, with global economic conditions dampening end-market demand, which led to an unfavorable inventory adjustment by TSM's customers. Gross margins also fell by 220 basis points sequentially to 54.1%, primarily reflecting lower capacity utilization and higher electricity costs. Thankfully, more rigorous cost control and a more favorable foreign exchange rate partially offset these challenges. Nevertheless, despite the industry's cyclical downturn, TSM continued to invest in R&D for its N3 and N2 technologies development, which further compressed operating margins by 350 basis points to 42%. As a result, EPADR (earnings per American Depositary Receipt) fell by 26.5% to $1.14 from last year. Weak Performance to Persist This Year, but a Recovery Looms A somewhat soft environment for semiconductors is expected to persist throughout the rest of this year. TSM's management expects Q3 revenues to land between $16.7 billion and $17.5 billion, which indicates a 9.2% sequential improvement but a year-over-year decline of 14.9% from last year's $20.2 billion. Further, gross margins are expected to range between 51.5% and 53.5%, while operating margins should range between 38% and 40%. This indicates a further decline from last quarter's gross and operating margins of 54.1% and 42.0% and a steep drop from Q3-2022's gross and operating margins of 60.4% and 50.6%. That said, TSM's performance is expected to improve in the near future as macro challenges ease, lifting the industry from its current downturn. Management noted their optimistic Q4 outlook during the post-earnings call, anticipating a substantial ramp-up of TSM's 3-nanometer production, which should boost gross margins by three to four percentage points from Q3. Additionally, management foresees a long-term gross margin of 53% and higher, indicating a potential recovery in profitability. This theme is also reflected in Wall Street's estimates, which also seem to forecast a recovery in the semiconductor industry and, therefore, in TSM's revenues and profitability. While earnings per ADR are anticipated to be approximately 25% lower in Fiscal 2023 compared to the previous year, they are forecasted to make a robust rebound of 24% to reach $6.12 in Fiscal 2024. Moreover, earnings per ADR are expected to experience a significant increase of 34% to reach $8.19 in Fiscal 2025. Such wild swings in profitability highlight TSM's highly-cyclical business model, serving as a reminder that this year's seemingly unfavorable results are typical market reactions and should not overly concern investors. Is TSM Stock a Buy, According to Analysts? Regarding Wall Street’s sentiment, Taiwan Semiconductor features a Strong Buy consensus rating based on four Buys and one Hold assigned in the past three months. At $125.00, the average  TSM stock price target implies 27.2% upside potential. Takeaway - A Discounted Valuation Relative to Earnings Growth Potential While Taiwan Semiconductor stock faced a 5% dip following its admittedly mixed Q2 report, the company's short-term challenges are not unexpected given the cyclical nature of the semiconductor industry. As macroeconomic uncertainties gradually ease, a robust rebound is expected, which should result in a strong rebound in TSM's profitability. In fact, based on Wall Street's estimates, the stock is currently trading at approximately 16 times its Fiscal 2024 expected EPADR and 11 times its Fiscal 2025 expected EPADR, presenting exceptionally attractive multiples for an industry behemoth like TSM, upon which a great chunk of the globe's semiconductor manufacturing capacity relies. Consequently, I view the current dip in TSM stock as a compelling buying opportunity, given that shares seem heavily discounted when considering their earnings growth projections. Disclosure

Apple on Tuesday found itself the target of a 785-million-pound ($1 billion) class action lawsuit brought by more than 1,500 apps developers in the UK over its App Store fees.

Apple (AAPL) closed at $192.75 in the latest trading session, marking a +0.42% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.4%. Elsewhere, the Dow gained 0.52%, while the tech-heavy Nasdaq added 10

The NASDAQ 100 After Hours Indicator is up 5.24 to 15,453.26. The total After hours volume is currently 67,056,139 shares traded.The following are the most active stocks for the after hours session: AMC Entertainment Holdings, Inc. (AMC) is -0.37 at $5.48, with 4,622,611 shares