Stonk Tech Inc @Stonk_Tech

Dell reported first-quarter earnings on May 30th, that surpassed analysts’ estimates for both earnings and sales, highlighting its strong position in the AI server market. Shares dropped 18% during extended trading. Follow DELL update ONLY on Stonk! #StonkTech #Dell #Q1earnings

On May 27th, gold prices have reached record highs, with spot gold hitting $2,449.89 per ounce, silver and copper surging as well. Gold's current trading price is supported by a weaker U.S. dollar and lower U.S. Treasury yields, alongside increased geopolitical risks and robust…

On May27th, gold prices have reached record highs with spot gold hitting $2,449.89 per ounce, while silver and copper surging at the same time. What is responsible for the price surge? Will this price trend keep up in the future? Keep up with the gold price in Stonk!…

On May 27th, gold prices have reached record highs, with spot gold hitting $2,449.89 per ounce, silver and copper surging as well. Gold's current trading price is supported by a weaker U.S. dollar and lower U.S. Treasury yields, alongside increased geopolitical risks and robust…

On May 13th, OpenAl has launched a new Al model, GPT-40, along with a desktop version of ChatGPT and an updated user interface. The new model is accessible to all users, and it supports 50 languages and is twice as fast as GPT-4 Turbo at half the cost. The rollout of GPT-4o's new…

On May 13th 2024, openAI’s CTO Mira Murati announced a new AI model, GPT-4o, along with a desktop version of ChatGPT and an updated user interface. This new flagship model comes with a series of new advancements that can eventually enables AI to engage in video chat. With rollout…

Arm Holdings Shares Drop 9% After Disappointing Full-Year Revenue Forecast On May 8th, Arm Holdings provided a full-year revenue forecast that fell below investor expectations, leading to a 9% drop in shares in early Thursday trading. The first-quarter results exceeded…

Arm Holdings Shares Drop 9% After Disappointing Full-Year Revenue Forecast On May 8th, Arm Holdings provided a full-year revenue forecast that fell below investor expectations, leading to a 9% drop in shares in early Thursday trading. The first-quarter results exceeded…

Arm Holdings recently provided a full-year revenue forecast that fell short of investor expectations, leading to a 9% drop in shares after soaring following its IPO on AI optimism. Despite surpassing March-quarter estimates, the chip designer's outlook raised concerns about the…

Reddit shares surged 14% in after-hours trading on May 7th following its first quarterly report since its March IPO. The company posted: • Loss per share: $8.19 vs. the $8.71 loss expected by LSEG • Revenue: $243 million vs. $212.8 million expected by LSEG With its strong…

Reddit shares surged 14% in after-hours trading on May 7th, following its first quarterly report ever since the company's IPO in March. Despite a strong revenue growth in Q1, Reddit still expected $8.19 loss per share. Can investors expect a turnaround point in the near future?…

The Grayscale Bitcoin Trust (GBTC), the world's largest cryptocurrency investment vehicle, saw a net inflow of $63 million on May 3, the first since U.S. exchange-traded funds (ETFs) holding Bitcoin were approved in January. This marked a reversal for the $18.1 billion GBTC,…

This week features Grayscale Bitcoin Trust’s first net inflows on May 3rd since the approval of Spot Bitcoin ETF. Yet its high management fees still drive investors to other more cost-effective ETF. How does this influence future bitcoin funds? Follow bitcoin ETF’s update ONLY…

Coinbase reported better-than-expected financial results in its first-quarter earnings, surpassing analyst predictions. This marked a dramatic turnaround from a year-ago loss of $78.9 million. The significant profit included a $650 million mark-to-market gain from crypto…

Apple's shares surged by 7% after hours following their fiscal second-quarter earnings report, which exceeded expectations and included a record-breaking $110 billion share buyback program-a 22% increase from last year. • Earnings per share: $1.53 vs. $1.50 estimated by LSEG…

Apple's shares surged by 7% after hours following their fiscal second-quarter earnings report, which exceeded expectations and included a record-breaking $110 billion share buyback program—a 22% increase from last year. Follow $AAPL update ONLY on Stonk! #StonkTech #Apple #Q1

Amazon exceeded first-quarter expectations, and reported: • Earnings of 98 cents per share, surpassing the 83 cents forecasted by LSEG, • Revenue of $143.3 billion, also ahead of the expected $142.5 billion. Key revenue sources included Amazon Web Services (AWS) at $25…

Amazon exceeded first-quarter expectations, reported earnings of 98 cents per share and revenue of $143.3 billion. Follow $AMZN update ONLY on Stonk! #StonkTech #amazon #q1

Advanced Micro Devices (AMD) reported first-quarter earnings for 2024, with: • Earnings of 62 cents per share adjusted versus 61 cents expected • Revenue of $5.47 billion vs. $5.46 billion expected. The company expects revenue of about $5.7 billion for the next quarter,…

Advanced Micro Devices (AMD) reported first-quarter earnings for 2024, with $5.47 billion in revenue and adjusted earnings of 62 cents per share, slightly surpassing Wall Street predictions. Follow $AMD update ONLY on Stonk! #StonkTech #amd #Q1