Will Solid Top-Line Growth Buoy Qualcomm (QCOM) Q1 Earnings?
Qualcomm Incorporated QCOM is scheduled to report first-quarter fiscal 2021 results on Feb 3, after the closing bell. In the last reported quarter, the company delivered a positive earnings surprise of 21.9%, surpassing the Zacks Consensus Estimate by 26 cents. In the fiscal first quarter, consolidated revenues are likely to have improved significantly year over year, despite coronavirus-induced headwinds due to continued 5G chip designs for...
Zacks.com
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GameStop, Robinhood, Novavax, Dogecoin - 5 Things You Must Know Friday
Stock futures are tumbling amid the continued retail-trading frenzy on Wall Street; GameStop soars after Robinhood says restrictions on buying certain heavily shorted stocks could be lifted Friday; cryptocurrency Dogecoin soars.
TheStreet
Saving & Investing
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Eli Lilly is in a great position to capture market share, investor says
Eli Lilly’s fourth-quarter profit jumped 41.5%, helped by higher demand for its diabetes drugs and a successful launch of its Covid-19 antibody treatment. James McDonald, founder and CEO of Hercules Investments, and Stephanie Link, chief investment strategist and portfolio manager at Hightower, joined "Squawk Box" on Friday to discuss.
CNBC
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Robinhood CEO on how regulators might to respond to Reddit short squeeze
"Our team, as I'm sure other brokers are as well, has been in constant communication with our various regulators and agencies," Robinhood CEO Vlad Tenev told CNBC's Andrew Ross Sorkin. "What we believe we can do is represent the retail investor and the individual investor and make sure that in everything that we do that customer is respected and heard."
CNBC
News
The daily business briefing: January 29, 2021
1. General Motors said Thursday that it would phase out gas-powered cars and trucks by 2035 and sell only zero-emission vehicles. The announcement was expected to trigger similar commitments from other automakers, signaling an industry-wide shift. A Ford spokesman declined to comment on GM's news but said Ford was "committed to leading the electric vehicle revolution in the areas where we are strong." GM's move could encourage President Biden to...
The Week
Opinion
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Caterpillar stockholder on the company's Q4 earnings results
Heavy equipment maker Caterpillar posted better than expected results for the fourth quarter. Stephanie Link, chief investment strategist and portfolio manager at Hightower, is a Caterpillar stockholder. She joined "Squawk Box" on Friday to discuss.
CNBC
Companies
ResMed (RMD) Q2 Earnings Surpass Estimates, Margins Rise
ResMed Inc. RMD announced strong second-quarter fiscal 2021 results, wherein adjusted earnings per share (EPS) came in at $1.41, up 16.5% year over year. The metric also beat the Zacks Consensus Estimate by 15.6%. The adjustments include certain non-recurring expenses/benefits like amortization of acquired intangibles and restructuring costs and expenses among others. Improvement in demand for the company’s ventilators and ventilation mask...
Zacks.com
Companies
Robinhood Investing App Will Resume ‘Limited Buys’ of AMC, GameStop Stock After Raising $1B Emergency Funding
A surge of buying in stocks including AMC Entertainment and GameStop — triggered by activist retail investors on Reddit and other social platforms — this week overwhelmed no-fee investment app Robinhood’s ability to cover the frenzied trading. After Robinhood on Thursday suspended buying of shares in AMC, GameStop, BlackBerry and 10 other volatile stocks, the
Variety
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