Nasdaq Stocks

China is falling short on key targets for tackling climate-warming emissions, and analysts said Beijing's credibility in global climate talks could be at risk unless it redoubles its efforts to get back on track.

Snap’s stock (NYSE: SNAP) has lost approximately 30% YTD as compared to the 8% rise in the S&P 500 index over the same period. The drop was due to weak results in the fourth quarter of 2023, with revenues and average revenue-per-user (ARPU) missing the mark. That said,

Oracle (NYSE: ORCL) is scheduled to report its fiscal Q3 2024 results on Monday, March 11. We expect Oracle to edge past the consensus estimates of revenues and earnings. The technology giant posted mixed results in the last quarter, with earnings beating the expectations bu

Western Digital (NASDAQ: WDC) recently provided an update on its plan to split the company into two verticals – hard drive and NAND business. The current CEO of Western Digital – David Goeckeler  – will head the NAND flash memory spinoff company, while

Estée Lauder (NYSE: EL) reported upbeat Q2’24 results last month (the fiscal year ends in June). The company’s revenues stood at $4.3 billion and earnings came in at $0.88, well above the consensus estimates of $4.2 billion, and $0.34, respectively. The stock h

Meta Platforms ( NASDAQ:META ) is almost constantly a topic of controversy. Should this alter your plan to participate in Meta Platforms’ awesome revenue growth? The choice is yours to make, but I am bullish on META stock and don’t imagine that this Magnificent Seven member will slow down anytime soon. Above all else, Meta Platforms is a social-media platform provider that owns Facebook, Instagram, and WhatsApp, along with Reels and Threads. At the same time, CEO Mark Zuckerberg wants Meta Platforms to be a strong competitor in the Metaverse as well as artificial intelligence (AI). You’ve probably heard about Meta Platforms being the target of regulatory pressure in the U.S. and Europe. This hasn’t stopped META stock from rising over the past several years, though. Yet, there’s a new development that might derail Meta Platforms’ growth story — or maybe not, so let’s get into the details now. Why Meta Platforms Was in the Red Today Overall, the U.S. stock market was a bit shaky today, but it held fairly steady. However, even though Meta Platforms is a “Magnificent Seven” company, its stock wasn’t very magnificent today. As META stock slipped over 4%, investors might have wondered whether Zuckerberg had made a startling announcement. In actuality, however, the source of the consternation on Wall Street came not from Zuckerberg but from a famous political figure. Specifically, former President Donald Trump had some less-than-flattering things to say about Meta Platforms. The main topic of his recent rant was rival social-media platform TikTok, which Trump considered banning when he was president. As I see it, it’s important for investors to be aware of what’s in the news, even if they’re not taking a particular position. So, here’s what happened. According to Reuters, Trump declared that “There’s a lot of good and there’s a lot of bad with TikTok” and that “There are a lot of young kids on TikTok who will go crazy without it.” So, it seems that Trump might not be fully advocating for a TikTok ban right now. More central to today’s topic, however, is Trump’s stance on Meta Platforms’ Facebook. Considering how a TikTok ban would benefit Facebook, Trump asserted, “I’m not looking to make Facebook double the size.” The former president added, “I think Facebook has been very dishonest.” Then, Trump kicked it up a notch. As reported by The Wall Street Journal, Trump stated, “I consider Facebook to be an enemy of the people, along with a lot of the media.” Meta Platforms Will be a Target but Also a Revenue Generator Going forward, investors should just assume that Meta Platforms will be a target of controversy. Zuckerberg isn’t known for “playing nice” with regulators. It seems that he would prefer to continue doing what he’s been doing with Meta Platforms and pay any fines that regulators might impose upon the company. Meta Platforms has deep pockets, so paying fines isn’t usually a problem. Just take a look at TipRanks’ financials page for Meta Platforms, and you’ll see what I’m talking about. The company grew its revenue from $28.64 billion in the quarter ended March 2023 to $40.11 billion in the quarter ended December 2023. Speaking of growth, Meta Platforms’ position of cash, cash equivalents, and short-term investments increased over the quarters and reached $65.4 billion by the end of last year. Meta Platforms is so flush with cash that the company is now paying dividends. Next, I checked Meta Platforms’ earnings page and discovered that the company has consistently grown its quarterly EPS for a year and a half. Furthermore, Meta Platforms has beaten Wall Street’s consensus EPS forecasts for a full year now. Evidently, this social media juggernaut is practically unstoppable when it comes to generating advertising revenue and posting impressive profits. Is META Stock a Buy, According to Analysts? On TipRanks, META comes in as a Strong Buy based on 40 Buys, two Holds, and one Sell rating assigned by analysts in the past three months. The average Meta Platforms price target is $528.80, implying 9.35% upside potential. If you’re wondering which analyst you should follow if you want to buy and sell META stock, the most profitable analyst covering the stock (on a one-year timeframe) is Brad Erickson of RBC Capital, with an average return of 76.56% per rating and a 77% success rate. Click on the image below to learn more. Conclusion: Should You Consider META Stock? A fearful attitude would be: “What if Meta Platforms stock keeps falling?” I prefer to take an opportunistic attitude. If the share price goes low enough due to controversy that won’t destroy Meta Platforms, I’ll certainly consider buying META stock. It’s also possible to buy Meta Platforms shares now and then think about adding to one’s position if the stock continues to fall. After all, heated debates will come and go, but Meta Platforms will continue to make a whole lot of money. Disclosure

Citizens & Northern (CZNC) came out with quarterly earnings of $0.28 per share, missing the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for n

Despite a sharp pullback post-earnings, analysts remain optimistic about SoundHound AI's growth prospects - and at least one Wall Street pro thinks the AI penny stock can rally more than 50% from current levels.

Soybean futures were weaker to start the week, closing fractionally to 5 ¾ cents in the red. Soymeal futures also faded on Monday, closing down by 1.2%. Soy Oil futures settled with 47 point gains. Canadian Canola Prices are up by $4 to $5 so far at midday. Stats Canada...

Hogs initially pushed lower to start the week and printed a $1.80 trading range for Monday. At the close front month futures were down by $0.62 to $1.10. USDA’s National Average Base Hog price was $76.16 on Monday afternoon, down by 2 cents. The CME Lean Hog Index for 3/7...

May cotton futures ended the first trade day of the week 22 points in the red. The contract had traded as weak as -73 points and as high as +225 points. The other active contracts were 24 to 42 points higher for the close. The May-July inverse tightened to 72...

Front month wheat futures saw double digit gains to start the week. CBT futures stayed near the highs for the close, ending the day up by 10 ¾ cents. KC futures closed 10 to 13 cents higher on the first trade day of the week. Front month spring wheat prices...

Cattle futures spent most of the session trading red, but futures ended off their lows and settled down by less than 40 cents across the front months. Feeder cattle futures were also 50 cents off their lows for the close, but stayed triple digits weaker for the day. USDA had...

Front month corn futures started the week weaker, but firmed up and closed in the black. May was 1 ¼ cents off the high for the day at the close, but was still up 2 cents for the day. New crop futures also went home higher, with fractional to 1...

Investors looking for stocks with sound value and attractive growth prospects may want to take a look at the retail sector at the moment.

The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed -0.37%. Stocks Monday traded mildly lower on a +2.3 bp rise in the 10-year T-note...

In the latest trading session, Danaher (DHR) closed at $252.80, marking a -0.35% move from the previous day. This change lagged the S&P 500's 0.11% loss on the day. At the same time, the Dow added 0.12%, and the tech-heavy Nas

Global Partners LP (GLP) closed at $46.68 in the latest trading session, marking a -1.66% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.11%. Meanwhile, the Dow experienced a rise of

In the latest market close, Accenture (ACN) reached $373.22, with a -1.31% movement compared to the previous day. This change lagged the S&P 500's daily loss of 0.11%. Elsewhere, the Dow saw an upswing of 0.12%, while the tech

General Mills (GIS) closed the most recent trading day at $65.66, moving +0.61% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.11%. Meanwhile, the Dow gained 0.12%, and the Na