News

Every story, in under 2 minutes each.

Blue Owl's BDC Already Cut Its Base Dividend to $0.31. WHY?
Markets2 min read

Blue Owl's BDC Already Cut Its Base Dividend to $0.31. WHY?

Is Blue Owl Capital the canary in the coal mine or a one-off situation that investors in other BDCs can ignore?

TheOpeningSip StaffAug 2
Dow Notches a Third Straight Winning Day as Coca-Cola and Sherwin-Williams Beat
Markets2 min read

Dow Notches a Third Straight Winning Day as Coca-Cola and Sherwin-Williams Beat

The Dow rallied for a third consecutive session, helped along by strong earnings from Coca-Cola and Sherwin-Williams, while chip stocks continued to lag.

TheOpeningSip StaffAug 2
This Earnings Season Is Running Hot: 85% of Reports Are Beating Estimates
Economy2 min read

This Earnings Season Is Running Hot: 85% of Reports Are Beating Estimates

With roughly 300 S&P 500 companies having reported, this quarter's earnings season is shaping up as one of the strongest in years.

TheOpeningSip StaffAug 2
Lloyds Price Target Raised on Dividend Growth and Buybacks
Company News2 min read

Lloyds Price Target Raised on Dividend Growth and Buybacks

Analysts see further upside for Lloyds shares, pointing to a growing dividend, EPS growth, and an ongoing share buyback program.

TheOpeningSip StaffAug 2
PayPal Raises Its Outlook After Beating on Both Profit and Revenue
Company News2 min read

PayPal Raises Its Outlook After Beating on Both Profit and Revenue

PayPal's second-quarter results beat Wall Street estimates across the board, and the company meaningfully raised its full-year profit guidance.

TheOpeningSip StaffAug 2
Qualcomm to Raise Chip Prices as Memory Shortage Squeezes Margins
Company News2 min read

Qualcomm to Raise Chip Prices as Memory Shortage Squeezes Margins

Qualcomm posted in-line quarterly results but gave soft guidance, and its CEO announced price hikes across the board starting in September.

TheOpeningSip StaffAug 2
Apple Beats on Revenue but Sinks 7% on Weak Guidance
Company News2 min read

Apple Beats on Revenue but Sinks 7% on Weak Guidance

Apple topped quarterly revenue estimates, but supply constraints clouded its outlook for the current quarter.

TheOpeningSip StaffAug 2
Amazon Jumps 12% on Booming Cloud Growth and a Bigger Spending Plan
Company News2 min read

Amazon Jumps 12% on Booming Cloud Growth and a Bigger Spending Plan

Amazon's second-quarter results beat estimates on strong cloud demand, and the company raised its already-massive capital spending plan.

TheOpeningSip StaffAug 2
Jensen Predicted Nvidia Would Collect $1 Trillion in Chip Sales
Markets2 min read

Jensen Predicted Nvidia Would Collect $1 Trillion in Chip Sales

There is enormous demand for Nvidia's chips, but two looming risks could knock the company off course.

TheOpeningSip StaffAug 2
Amazon predicts 2028: CEO Says the Demand Is 'Striking' as AWS Races to Add Capacity
Markets2 min read

Amazon predicts 2028: CEO Says the Demand Is 'Striking' as AWS Races to Add Capacity

Amazon.com, Inc. CEO Andy Jassy said the company is already seeing “striking” demand for 2028 as it continues expanding AI infrastructure to keep pace

TheOpeningSip StaffAug 2
Apple Tops $5 Trillion then Passes Nvidia as World's Most Valuable Company
Company News2 min read

Apple Tops $5 Trillion then Passes Nvidia as World's Most Valuable Company

Apple shares hit a fresh high this week, briefly making it the first company to reach a $5 trillion valuation.

TheOpeningSip StaffAug 2
Dow Third Straight Winning Day Ahead of Big Tech Earnings Wave 🌊
Markets2 min read

Dow Third Straight Winning Day Ahead of Big Tech Earnings Wave 🌊

Blue-chip stocks climbed for a third session as investors braced for a heavy slate of megacap earnings this week.

TheOpeningSip StaffAug 2
Markets Bet on a Hold, But a Surprise Hike Isn't Off the Table from the Feddy Reserve
Economy2 min read

Markets Bet on a Hold, But a Surprise Hike Isn't Off the Table from the Feddy Reserve

The Federal Reserve's July rate decision lands Wednesday afternoon, with traders split between a hold and a possible hike.

TheOpeningSip StaffAug 2
Visa Gets a Price Target Bumpy
Company News2 min read

Visa Gets a Price Target Bumpy

JPMorgan says Visa's recent underperformance looks overdone, and raised its price target accordingly.

TheOpeningSip StaffAug 2
Chip Stocks Shed Over $1 Trillion in a Two-Day Selloff
Stocks2 min read

Chip Stocks Shed Over $1 Trillion in a Two-Day Selloff

Nvidia led a broad slide in semiconductor stocks as investors grew nervous about AI infrastructure spending.

TheOpeningSip StaffAug 2
Exxon and Chevron Barrow in the Billions as Oil Prices Spike
Company News2 min read

Exxon and Chevron Barrow in the Billions as Oil Prices Spike

Rising oil prices tied to conflict in the Middle East have turned into a windfall for America's biggest oil companies.

TheOpeningSip StaffAug 2
Mastercard Tops Estimates We Likey!
Company News2 min read

Mastercard Tops Estimates We Likey!

Mastercard's second-quarter results beat expectations across the board, prompting a round of price target increases.

TheOpeningSip StaffAug 2
An Analyst Just Named Zucks Meta an Attractive Valuation or is this just a 'Bubble'
Markets2 min read

An Analyst Just Named Zucks Meta an Attractive Valuation or is this just a 'Bubble'

Analysts are bullish on the social media company, but investors are less confident.

TheOpeningSip StaffAug 2
Nvidia vs. Alphabet Attack of the Titans
Markets2 min read

Nvidia vs. Alphabet Attack of the Titans

Nvidia's revenue has nearly tripled in two years while Alphabet's has grown steadily; the gap between them is narrowing faster than many expect.

TheOpeningSip StaffAug 2
Meta Trades at a Forward P/E of 17 Below 5 inch Average. (oh sorry years)
Markets2 min read

Meta Trades at a Forward P/E of 17 Below 5 inch Average. (oh sorry years)

Meta Platforms continues to trade at a discount while strengthening its fundamentals.

TheOpeningSip StaffAug 2