Anyone have any news? They beat earnings by .02 cents and had a EPS of -.031.

It appears people are expecting a turn around. Why?

I currently have it shorted and I’m losing money hand over fist.

Who has the juice?

Question. Since these two financial institutions are gone. What is being traded under their stock tickers. Like the what are people buying and selling stocks for if these companies do not exist any more ? Sorry if it is a stupid question.

Check out the June 2023 numbers here: https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCSSTUS1&f=W

Despite low oil prices, the US continues (even in June) to deplete the strategic petroleum reserves. Eventually it’s going to need to be filled again. When do you think they’ll start filling it up again? This year? After the 2024 election?

Amazon is facing a major Antitrust Lawsuit from the FTC, which would reshape $AMZN's core operations.

This lawsuit is seen as 'the big one,' with FTC Chair Lina Khan leading the charge. Lina Khan is known for her hardline stance against Amazon, and may push for a radical restructuring of Amazon's business model. The Federal Trade Commission is alleging that the company is using its market power to stifle competition and harm consumers.

The Federal Reserve's latest stress test shows that all top 23 Banks have enough capital on hand to absorb losses and continue lending even if unemployment were to hit 10% and the stock market were to plunge 45%.

The projected losses for these banks under a worst-case scenario would be $541 billion, but the banks' capital reserves, which act as safety nets, remain well above the Fed's minimum requirement.

The Fed also noted that the res

Fidelity Blue Chip Growth Fund valued its holdings in Reddit at $15.4 million as of May 31, according to the fund’s monthly disclosure released Friday. That’s down 7.36% from the $16.6 million mark at April’s closure and altogether a slide of 45.4% since its investment in August 2021. The updated share value suggests a $5.5 billion valuation for Reddit.

It was $10B in Aug 2021.

Good Friday morning traders and investors of the r/stocks sub! Welcome to the final trading day of the week, month, quarter and H1. Here are your pre-market movers & news on this Friday, June the 30th, 2023-

Stock futures rise as S&P 500 closes out huge first half gain: Live updates

Stock futures rose as tr

Gravity is a game development company, the majority of the shares are owned by GungHo. It has growing revenues and net income year after year. It’s margins are very good, it has no debt and lots of cash. What’s the catch?

They don’t seem to do anything with their cash pile and they rely on their Ragnarok franchise. But the franchise is very popular in south east Asia and has been around for about twenty years.

I’ve taken a small position, I’d like

Bank of America $BAC is facing $100 billion in paper losses in bond markets, due to interest rate increases (similar to why Silicon Valley Bank $SIBV and First Republic $FRC collapsed).

The losses are weighing on BofA's net interest margin, an important gauge of performance. BofA's stock has dropped 15% this year, making it the worst performer of any of its large rivals.

Although BoA insists that these losses are merely on paper and it does

BlackRock $BLK (the world's largest asset manager) has released its 2023 midyear outlook report, highlighting 5 trends that will drive investment portfolios in the years to come, which are:

(1) Digital disruption and artificial intelligence. AI-driven productivity gains could boost profit margins for companies that are able to adopt these technologies. Companies that spend the most on staffing and have large sets of proprietary data will be best posit