Investment Tips

Intuit Stock Sinks on Disappointing Outlook After Weak MailChimp, TurboTax Results

Intuit Stock Sinks on Disappointing Outlook After Weak MailChimp, TurboTax Results

Key Takeaways Intuit issued current-quarter and full-year projections that missed analysts’ estimates. The tax and accounting software maker saw weakness in its MailChimp marketing platform, and a decline in average revenue from TurboTax use. Intuit’s fourth-quarter profit and revenue exceeded forecasts. Intuit (INTU) shares tumbled 7% in premarket trading Friday, a day after the maker

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We Bought a Vacation Home for Retirement That We Never Use. Should We Sell, or Rent It Out and Wait for Mortgage Rates to Come Down

An older couple sits on the steps of a rustic vacation home.

Question: We bought a vacation home for retirement, which we rarely use. Should we sell? Or should we rent it out and wait for mortgage rates to come down? Answer: This is an enviable problem to have! Many people dream of owning a vacation home in retirement. And there are benefits to owning your own

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Meta Hires Another Apple AI Leader Amid Headcount Freeze, Report Says

Meta Hires Another Apple AI Leader Amid Headcount Freeze, Report Says

KEY TAKEAWAYS Meta Platforms is reportedly hiring another senior AI executive from Apple for its Meta Superintelligence Labs, where it is moving to freeze headcount. According to Bloomberg, citing people familiar with the matter, the Facebook parent is hiring Frank Chu, who has led Apple AI teams focused on cloud infrastructure, training, and search. Chu

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Zoom Stock Soars as Firm Tops Estimates, Raises Outlook on AI Boom

Zoom Stock Soars as Firm Tops Estimates, Raises Outlook on AI Boom

Key Takeaways Zoom Communications reported second-quarter results that topped estimates as the video conferencing software provider rode the artificial intelligence wave. The company increased the number of customers spending more than $100,000 on Zoom. Zoom raised its full-year profit and sales forecasts. Shares of Zoom Communications (ZM) zoomed more than 8% higher Friday, a day

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Zoom Stock Soars as Firm Tops Estimates, Raises Outlook on AI Boom

Zoom Stock Soars as Firm Tops Estimates, Raises Outlook on AI Boom

Key Takeaways Zoom Communications reported second-quarter results that topped estimates as the video conferencing software provider rode the artificial intelligence wave. The company increased the number of customers spending more than $100,000 on Zoom. Zoom raised its full-year profit and sales forecasts. Shares of Zoom Communications (ZM) zoomed more than 8% higher Friday, a day

Zoom Stock Soars as Firm Tops Estimates, Raises Outlook on AI Boom Read More »

Meta Hires Another Apple AI Leader Amid Headcount Freeze, Report Says

Meta Hires Another Apple AI Leader Amid Headcount Freeze, Report Says

KEY TAKEAWAYS Meta Platforms is reportedly hiring another senior AI executive from Apple for its Meta Superintelligence Labs, where it is moving to freeze headcount. According to Bloomberg, citing people familiar with the matter, the Facebook parent is hiring Frank Chu, who has led Apple AI teams focused on cloud infrastructure, training, and search. Chu

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Most Americans Say They Think Moving Would Improve Their Life, But Some Who Have Done So Regret It

Most Americans Say They Think Moving Would Improve Their Life, But Some Who Have Done So Regret It

Key Takeaways Many Americans said in a new survey that they think moving could improve their lives, but others who said they had moved didn’t make them happier. Nearly all of those surveyed said there was at least one factor holding them back from moving to a more desirable location. Data has shown that moving

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Tech Sells Off While Trump Stirs the Fed: Stock Market Today

investors have questions about the fed and the trajectory of interest rates

Of the main U.S. equity indexes, only the Dow Jones Industrial Average managed to post green numbers Wednesday, and that was briefly at the open, for a while around midday, then shortly before the close. Investors, traders and speculators continue to discount important earnings reports, but they’re also watching the White House, the Federal Reserve,

Tech Sells Off While Trump Stirs the Fed: Stock Market Today Read More »

Tech Sells Off While Trump Stirs the Fed: Stock Market Today

investors have questions about the fed and the trajectory of interest rates

Of the main U.S. equity indexes, only the Dow Jones Industrial Average managed to post green numbers Wednesday, and that was briefly at the open, for a while around midday, then shortly before the close. Investors, traders and speculators continue to discount important earnings reports, but they’re also watching the White House, the Federal Reserve,

Tech Sells Off While Trump Stirs the Fed: Stock Market Today Read More »