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Nike (NYSE: NKE) experienced a significant 16% stock surge following its fiscal fourth-quarter earnings report, marking its largest one-day gain in several years. Despite a 12% revenue decline to $11.1 billion and a drop in earnings per share to $0.14, the company exceeded expectations, particularly with its optimistic guidance for the upcoming fiscal year. Explain It To Me Like I'm 5: Nike's stock went up a lot after they shared news that made people think...
Read moreShares of Robinhood Markets (NASDAQ: HOOD) surged 12.1% on Monday, coinciding with a 0.3% increase in the S&P 500 and Nasdaq Composite. The rise follows Robinhood's announcement of launching commission-free tokenized trading in the E.U., enabling customers to trade over 200 U.S. stocks and ETFs, including Nvidia and Apple, outside traditional trading hours. Explain It To Me Like I'm 5: Robinhood's stock is going up because they are letting people in Europe trade American stocks...
Read morePalantir Technologies (NASDAQ: PLTR) saw its stock surge by 5.4% on Monday, following a previous rally to an all-time high, as investors reacted positively to a new business catalyst announced by the company. The AI software and data mining specialist had previously given back some gains but regained momentum in the market. Explain It To Me Like I'm 5: Palantir Technologies' stock went up a lot this week because people are excited about new things...
Read moreInvesting in dividend stocks is appealing due to their potential for strong long-term returns, but not all dividend-paying companies are worthwhile. Johnson & Johnson, despite challenges like stagnant revenue growth, ongoing lawsuits, and regulatory pressures affecting drug pricing, remains a solid candidate for income-seeking investors, alongside Merck. Explain It To Me Like I'm 5: Investing in dividend stocks like Johnson & Johnson and Merck can be smart because they often make money and raise the...
Read moreMillions of older Americans rely on Social Security, with many depending on it as their primary income source, making annual cost-of-living adjustments (COLAs) crucial for maintaining purchasing power. These COLAs are directly linked to inflation rates, increasing benefits when inflation rises, while remaining stable when inflation does not change or decreases. Explain It To Me Like I'm 5: Many older people get money from Social Security, which helps them buy things they need, and sometimes...
Read moreThe first half of the year has seen a volatile stock market, with the S&P 500, Dow Jones, and Nasdaq Composite indexes initially declining due to concerns over President Trump's tariff plan. However, positive trade developments and strong earnings have led to a rebound, although some growth stocks, especially in AI, are still struggling and may be set for a significant recovery in the second half. Explain It To Me Like I'm 5: Stocks have...
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News Wave is not responsible for the content of external sites.