MetaPlatforms just posted record results while generating massive free cash flow, setting the stage for potential dividend growth as the company balances aggressive AI investments with returning cash to investors. In Q4, Meta (META) posted earnings of $8.88 per share on revenue of $59.9 billion, handily beating analyst expectations of $8.23 per share and $58.59
I’ve reported and published stories on current trends in real estate and the housing market for a number of years, and I always find it useful to take a look at mortgage rates and significant behavior shifts home buyers are making. Real estate technology company Zillow also pays close attention to developments in home buying
Valued at a market cap of $73 billion, General Motors is among the largest automobile companies in the world. The Detroit automaker recently announced a 20% dividend bump alongside a fresh $6 billion buyback program after beating Wall Street’s fourth-quarter earnings forecasts. GM stock surged on the news and is now up close to 70%
The U.S. economy appears strong, at least on paper. GDP numbers are growing, consumers are still spending at a relatively encouraging pace, and business investment hasn’t collapsed. However, that apparent strength is masking something more troubling, according to Ernst & YoungChief EconomistGregory Daco. In a recent Bloomberg Businessweek Daily interview, Daco deemed the U.S. economy
With 30 years of Wall Street experience, Co-Editor-in-Chief Todd Campbell explains why ConocoPhillips stance on Venezuela’s oil ramp is a reality check for the energy sector. Energy companies have felt significant pressure over the past year as OPEC production has ramped up, driving West Texas Crude prices down to $62 per barrel, below Permian Basin
Following the U.S. operation that led to the removal of Venezuelan leader Nicolás Maduro at the start of January, President Donald Trump has made repeated threats on the Caribbean island nation of Cuba. After calling the country “an unusual and extraordinary threat” to U.S. national security, the Trump administration has blocked all Cuban oil supplies
This live blog is refreshed periodically throughout the day with the latest updates from the market.To find the latest Stock Market Today threads, click here. Happy Monday. This is TheStreet’s Stock Market Today for Feb. 9, 2025. You can follow the latest updates on the market here in our daily live blog. Update: 4:00 p.m. ET Closing Bell The
With 30 years of Wall Street experience, Co-Editor-in-Chief Todd Campbell explains Goldman Sachs’ BLS unemployment outlook and its impact on households and businesses. It wasn’t too long ago that you, me, and everyone else on Wall Street and Main Street were watching inflation like a hawk, wondering whether the Fed’s monetary policy was doing enough
There are many ways to measure winners and losers in the Super Bowl. The obvious from Super Bowl LX is that the Seahawks won and the Patriots lost. The less obvious: yellow Gatorade (splashed on the winning coach when orange was the pre-game favorite), heads (in the pre-game coin toss), and countless other propositions, including
There’s just something about fixing, decorating, and improving your home, somewhere you have peace, spend quality time with your family, and relax. It’s a place that should reflect your character and lifestyle. People felt that more than ever during the Covid pandemic lockdowns, when they were forced to spend all their time at home. Unfortunately,