Month: October 2024

Goldman Sachs Maintains Buy Rating for Meta with $636 Price Target After Strong Q3 Earnings

Goldman Sachs maintains a Buy rating for Meta Platforms Inc. (NASDAQ: META) with a price target of $636, following the company’s strong third-quarter earnings report for 2024. Meta’s revenues exceeded expectations, and its positive fourth-quarter guidance suggests potential upward revisions in earnings estimates. Analysts note Meta’s resilience and strategic focus, particularly within its Family of Apps segment, as key to navigating regulatory challenges and market dynamics.

Nina Dobrev Engaged to Shaun White Amid Celebrity Relationship Buzz

In recent celebrity news, actress Nina Dobrev and Olympian Shaun White have announced their engagement, capturing fans’ hearts with a heartfelt proposal shared on social media. Meanwhile, the entertainment industry is buzzing with the news of Channing Tatum and Zoë Kravitz’s split, and Ethan Slater addresses rumors about his relationship with Ariana Grande. Stay updated on the latest developments in celebrity relationships and the vibrant world of entertainment.

Fans Rally Against Kelly Monaco’s Potential Exit from General Hospital

Fans of General Hospital are outraged over the potential departure of beloved character Sam McCall, portrayed by Kelly Monaco. Following announcements about her exit, viewers have rallied on social media, demanding accountability from executive producer Frank Valentini. The backlash has sparked the hashtag #IStandWithKelly, as fans express their emotional connection to Monaco’s character and the impact of her potential removal on the show’s future.

Ninja DZ201 Foodi 8 Air Fryer Now $119.99: A 40% Discount on a Must-Have Kitchen Gadget

Discover incredible savings on the Ninja DZ201 Foodi 8 Air Fryer, now just $119.99 on Amazon—$80 off its original price! This innovative air fryer features dual 4-quart baskets for simultaneous cooking, six versatile functions, and easy cleanup. Perfect for family meals, it reduces fat by up to 75% while delivering delicious results. Upgrade your kitchen with this must-have appliance before the deal ends!

AbbVie Increases Quarterly Dividend by 5.8%, Reinforcing Commitment to Shareholders

AbbVie has announced a 5.8% increase in its quarterly cash dividend, raising it from $1.55 to $1.64 per share, effective February 14, 2025. This move highlights AbbVie’s commitment to shareholder value and reflects its strong financial health, with a remarkable 310% increase in dividends since 2013. The company also reported impressive earnings and strategic acquisitions, positioning it as a top choice for investors seeking reliable dividend stocks.

Halloween Candy Prices Surge, Shoppers Seek Alternatives

As Halloween approaches, consumers face a shocking rise in Halloween candy prices, particularly chocolate, which has surged by 45% in recent months. Adverse weather conditions in cocoa-producing regions are driving costs up, leading many shoppers to opt for non-chocolate alternatives like gummy and sour candies. This Halloween, families are encouraged to explore budget-friendly options while navigating the changing candy landscape.

Super Micro Stock Plummets 30% After Auditor Resignation Amid Governance Concerns

Super Micro Computer, Inc. saw its stock price plunge 30% on October 30, 2024, following the resignation of its auditor, Ernst & Young, amid serious governance and accounting concerns. This dramatic shift raises alarms for investors, especially as the company faces federal investigations and scrutiny over its internal controls. With a history of regulatory challenges, Super Micro’s ability to regain investor confidence is now in question.

Dropbox Lays Off 20% of Workforce in Major Restructuring Effort

Dropbox announces a significant workforce reduction, laying off 20% of its employees amid a strategic reevaluation. CEO Drew Houston cites the need for a more efficient organizational structure to adapt to the evolving cloud storage market. This decision, affecting approximately 528 workers, aims to position Dropbox for long-term growth and competitiveness in the face of increasing investment and competition in the sector.

Super Micro Computer Faces Investigation Over Alleged Securities Violations

Super Micro Computer, Inc. (NASDAQ: SMCI) is under investigation by Faruqi & Faruqi, LLP for potential securities violations affecting investors with losses over $100,000 from February 2, 2021, to August 28, 2024. Allegations include false statements and accounting irregularities, leading to a significant stock price drop. Investors are encouraged to contact the firm before the October 29, 2024, deadline to explore legal options.

Instagram Unveils Spooky Features for Halloween Engagement

Instagram is enhancing user engagement this Halloween with exciting new features including keyword-triggered animations in DMs, a spooky chat theme, and custom ‘Add Yours’ templates. Users can enjoy creative Halloween fonts and AI tools for generating festive content, making it easier to celebrate the season and engage with friends. Discover how these updates can elevate your Halloween experience on Instagram!