Articles written by Zaheer Anwari - Benzinga

The Journey Of eBay Stock From Humble Beginnings To A 6640% Increase Unveiling The Potential For More Explosive Growth

Since its launch in the 1990s, eBay stock has increased by 6,640% from just under $1, despite experiencing significant volatility. After a consolidation period where eBay's stock fluctuated between $35 and $52, it broke through the $52 resistance in March with an 11% increase.

How Meta's Bold Move To Train AI With UK Social Media Data Defies EU Laws Amid Struggling Stock Performance

Meta is using UK Facebook and Instagram posts for AI training, despite EU privacy laws. Privacy groups criticize Meta for using data without explicit consent, making users involuntary contributors. Despite a volatile stock history, Meta faces a critical resistance at $540.

Microsoft's Job Cuts In The Gaming Division Post Activision-Blizzard Acquisition Signal A Major Shake-Up But The Stock Experiences A 13% Year-To-Date Growth

Microsoft has announced a reduction of about 650 jobs in its gaming division. The job cuts are part of a strategic realignment to efficiently manage the expanded gaming portfolio. The stock has shown growth, rising by 13% since the start of the year.

Apple's $14 Billion Tax Ordeal And Stagnant Stock Performance Collide With The Launch Of The iPhone 16

Europe's highest court has decided that Apple Inc. must pay Ireland $14 billion in back taxes, concluding an eight-year legal dispute. Apple has criticized the European Commission for retroactively altering tax regulations.

Tesla's Cybertruck Resale Values Are Crashing As Their Stock Tumbles 10% Year To Date

Recently, the price of used Tesla Cybertrucks dropped from an average of $185,000 in early April to about $117,000 by September 2024. Tesla's stock has shown a 10% loss year-to-date, indicating a disconnect between the stock performance and the initial excitement over its products.

Walmart's Stock Mirrors Its Late 90s Explosion With A Recent 46% Year-to-Date Surge Unveiling New Highs And Promising Breakthroughs Beyond $100

Walmart has re-emerged as a major force in the stock market, reminiscent of its solid 600% increase in the late 90s. With the stock nearly surpassing its September 3 all-time high of $77 and up 46% year to date, Walmart is eyeing the $100 mark.

T-Mobile's Recent Break Above The $200 Milestone Led To Unexpected Stock Performance Shifts And What It Signals For Future Growth

T-Mobile's stock surpassed the $200 mark on August 26, achieving a new high of $205 on August 28. Following a peak at $205, T-Mobile's stock declined by nearly 6%. T-Mobile's stock has seen a year-to-date increase of 21%.

Meta's Latest Free Speech Ruling on a Controversial Phrase Fuels Debate While the Stock Is Up 47% Year-to-Date

Meta's Oversight Board has ruled to allow the use of the phrase "From the River to the Sea" on platforms like Facebook and Instagram. The phrase "From the River to the Sea" is considered controversial, viewed by some as antisemitic and by others as a call for Palestinian solidarity and rights.

Nvidia's Shocking $279 Billion Market Value Loss Is Just The Tip Of The Iceberg As Stock Performance Hints At Unpredictable Future

Nvidia experienced a massive loss of $279 billion in market value following its recent quarterly financial report. The disappointing financial results led to a 2.1% decline in the S&P 500. After a strong 44% rebound from its August low of $90, Nvidia's stock price struggled to break past the $130 mark or achieve new highs above $140.

Netflix's Tense Climb Towards The $700 Barrier And A Stunning 44% Year To Date Growth Could Signal A Historic Breakthrough

Netflix is approaching a major psychological resistance level at $700, a point that has previously influenced investor sentiment and led to significant sell-offs. The stock has seen an impressive historical performance, increasing by over 8000% from 2011 to 2021.

Warren Buffett's Timeless Strategies Catapulted Berkshire Hathaway To A Trillion Dollar Valuation As He Celebrates His 94th Birthday

Warren Buffett celebrated his 94th birthday, and Berkshire Hathaway became the first non-tech company to reach a $1 trillion market capitalization. Berkshire Hathaway boasts a diverse portfolio worth over $300 billion. Berkshire Hathaway has risen 33% this year.

Nvidia Shatters Revenue Records With A Staggering $30 Billion Quarter Yet Sees Stock Prices Slide - Setting The Stage For A Game-Changing Chip Release

Nvidia reported a striking 122% increase in revenues, reaching $30 billion for the second quarter. Nvidia's CFO, Colette Kress, revealed plans for the upcoming launch of the Blackwell chip in the fourth quarter. Despite the high demands of its work environment, Nvidia maintains a low employee turnover rate.

Nvidia's Next Earnings Report Could Swing Its Market Cap By $300 Billion And Increase The S&P 500 Gains

Nvidia is poised for a dramatic shift in market value, with a potential swing of $300 billion in its market cap. Nvidia's current valuation is approximately $3.14 trillion. Bullish signs in Nvidia's stock suggest a possible move towards $150.

PayPal's Partnership With Adyen And The Launch Of Fastlane Are Simplifying Guest Checkouts Speeding Up Processes And Fueling A 42% Recovery From Recent Lows

PayPal and Adyen have launched Fastlane by PayPal, improving efficiency and convenience for consumers. Performance data from PayPal indicates that Fastlane has substantially improved checkout conversion rates by over 80%. PayPal's stock has rebounded over 40% from recent lows and could continue to rise.

Walmart's Stock Soars 43% This Year Even As Arsenic Levels Trigger a Massive Apple Juice Recall

Walmart has recalled over 9,500 cases of its Great Value brand apple juice due to inorganic arsenic levels exceeding FDA limits. Despite the significant recall, Walmart's stock price is up 10% for August. Walmart's positive earnings report on August 15 contributed to the stock's rise.

Netflix's Strategic Shift To Live Sports And A Revamped Subscription Model Catapults Its Stock To Record Highs Surging Over 300%

Netflix's stock reached a new all-time high, driven by an increase in advertising sales over the past year. Anticipated releases like Squid Game 2 should boost advertising revenue.

McDonald's Bold £1 Billion Investment Plan To Open Over 200 New Locations In The UK As The Stock Propels Up 9%

McDonald's has announced its largest regional expansion in over two decades, planning to open more than 200 new restaurants in the UK. This expansion is expected to create approximately 24,000 new jobs. McDonald's stock has shown resilience, experiencing a 9% increase in August after a year-to-date drop of 2%.

Tesla's Strategic Moves Amid EU Tariff Decisions Propel Its Stock Performance Up 22%

Tesla faces a 9% tariff for its cars produced in China. The tariffs are aimed at countering unfair competitive advantages conferred by Chinese state subsidies. Tesla's stock has bounced back, with a noticeable rise in share price, indicating investor confidence.

Palantir Technologies Soared 400% And Why Breaking The $30 Barrier Could Signal Even Greater Gains

Palantir Technologies has surged 400% since a low in December 2022. As of August 2024, Palantir's stock has again risen above $30, suggesting increasing investor confidence.

Amazon's Latest Financial Play With Barclaycard Forms a New Credit Card As Their Stock Jumps 12%

Amazon has introduced the Amazon Barclaycard, a new Visa credit card, which offers no annual fees and a six-month interest-free period. Amazon's stock has experienced significant volatility throughout the year, but overall, it has increased by approximately 12%.