CA News and Press, CA Inc. From 06/28/24

2024-06-28 13:12:38 ET Summary The Nasdaq and S&P 500 have performed exceedingly well since the last market bottom in late October of last year, hitting one all-time high after another. However, the advance has been exceedingly top-heavy and key metrics are pointing to a signi...

2024-06-28 13:03:15 ET Summary JPMorgan Chase's 4.2% preferred shares have performed in line with the iShares Preferred and Income Securities ETF so far in 2024. Going back to June 2021, the series MM preferred shares have underperformed the bank's common stock by 50%, creating a ...

2024-06-28 12:55:29 ET Summary Berkshire Hathaway Inc. recently added more Occidental Petroleum Corporation stock, accumulating a nearly 29% stake in the company. Berkshire could buy more shares considering Occidental Petroleum's valuation, Warren Buffett's interest in energy, and...

2024-06-28 12:38:27 ET Summary Apple's stock has returned 24% since the bullish thesis two months ago, nearing the $240 target price. AAPL has encountered resistance at the $215 level, as previously indicated. Declining iPhone sales affected revenue, but the services division ...

2024-06-28 12:32:15 ET Summary Micron Technology, Inc.'s delivery of robust F3Q24 results were overshadowed by a weaker than expected guidance, underscoring limitations to its ability in matching resilient industry growth levels. A deeper dive into its revenue drivers during F3Q24...

2024-06-28 12:06:14 ET Summary Nvidia Corporation's increased weighting in The Technology Select Sector SPDR® Fund ETF poses concentration risk, impacting overall performance and vulnerability to market corrections. The XLK ETF's Seeking Alpha quant metrics raise concerns, es...

2024-06-28 11:56:35 ET Summary Trump Media & Technology Group has weak revenue and deteriorating bottom line results, with little transparency for shareholders to assess. Recent data shows declining revenue and net losses, with management admitting to inflating revenue for IPO...

2024-06-28 11:55:29 ET Tecsys Inc. (TCYSF) Q4 2024 Earnings Conference Call June 28, 2024, 08:30 AM ET Company Participants Peter Brereton - CEO Mark Bentler - CFO Conference Call Participants Andy Nguyen - Raymond James Amr Ezzat - Ventum Financial ...

2024-06-28 11:51:36 ET Summary Tesla, Inc.'s latest earnings show deteriorating fundamentals, with a 9% drop in revenue and a 55% decline in net profit margin. EV deliveries have decreased, operating expenses have increased, and the stock price remains high compared to competitors...

2024-06-28 10:56:33 ET Summary The Boeing Company dip-buyers bought Boeing's April 2024 lows despite market sentiments being pessimistic. Recent reports suggest Boeing's second-half performance could improve further. The anticipated acquisition of Spirit AeroSystems Holdings s...