Unilever Earnings: Growth in a Challenging Market
Unilever’s (ULVR) first-half results showed underlying sales growth of 4.1%, ahead of company-compiled consensus of 4.4%. Growth was driven by volumes, which were up 2.6%, driven in turn by beauty’s…
AstraZeneca Earnings: Steady Outlook but Growth Could Slow
We are holding steady to our £124/$78 fair value estimates (local/ADR) for AstraZeneca (AZN) following second-quarter results that were largely in line with our expectations. However, the higher operating expenses…
NatWest Shares Up as Profits Beat Expectations
NatWest (NWG) on Friday heralded positive momentum across the business as it lifted its annual outlook and announced a deal to buy a mortgage portfolio from Metro Bank (MTRO). In…
After Earnings, Is Netflix Stock a Buy, a Sell, or Fairly Valued?
Netflix (NFLX) released its second-quarter earnings report on July 18. Here’s Morningstar’s take on Netflix’s earnings and stock. • Fair Value Estimate: $500.00• Morningstar Rating: ★★• Morningstar Economic Moat Rating: Narrow•…
Going into Earnings, is Apple Stock a Buy, Sell, or Hold?
We continue to see iPhone revenue as the bellwether for Apple’s business, making up a majority of total revenue. iPhone sales have had headwinds from slowing global refresh cycles and…
Kamala Harris debuts official TikTok account as presidential campaign picks up
U.S. Vice President Kamala Harris delivers the keynote speech at the American Federation of Teachers’ 88th national convention in Houston, Texas, U.S. July 25, 2024. Kaylee Greenlee Beal | Reuters…
Growth stocks are plenty. Veteran growth investor shares how he picks ones that can double their earnings
Some growth stocks, such as major tech companies, had a mostly good run since the start of 2023, but their performance has been unequal. The “Magnificent Seven” stocks have mostly…
‘It is time for this war to end,’ Harris tells Netanyahu; ‘I will not be silent’ on Palestinian suffering
watch now Vice President Kamala Harris said “Israel has a right to defend itself … and how it does so matters.” Harris’ remarks followed a meeting she held with Israeli…
Stock futures rise slightly as investors prepare for Fed’s preferred inflation gauge: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) as a picture of Vice President Kamala Harris is displayed on a television screen on July 22, 2024…
OpenAI announces a search engine called SearchGPT; Alphabet shares dip
OpenAI on Thursday announced a prototype of its search engine, called SearchGPT, which aims to give users “fast and timely answers with clear and relevant sources.” The company said it…