The stock trading app Robinhood gave a gloomy revenue forecast for the first quarter of 2022 on Thursday as its latest earnings report showed a decline in active users. Shares of Robinhood rose 9.7% on Friday after losing more than 14% earlier in the day. The new public brokerage firm expects first-quarter revenue of less … Read more
Despite their pullback of 10% or more, more stocks are cheap, have returns, are of high quality, and analysts believe they are heading for a comeback. .
Check out the companies that make headlines before the clock: Caterpillar (CAT) – Caterpillar earned an adjusted $ 2.69 per share for the fourth quarter, beating the consensus estimate of $ 2.26, with revenue also above analysts’ forecasts. Heavy equipment manufacturer sales increased by 23% from a year earlier despite supply chain restrictions. However, increased … Read more