On the 5th of November, US citizens elected their 47th President of the United States. Between two candidates, US election results show that Donald J. Trump has won the election over Kamala Harris. Republican candidate Donald J. Trump has declared victory, while Kamala Harris has been cancelling election night speeches. Although last votes are still being counted, the market
On 31st of October Apple reported its quarterly earnings and revenue report to the shareholders. Consensus estimated earnings per share were 1.60$ dollars per share, reported earnings per share were 0.97$ dollars per share, which is lower than 39%. Estimated revenue was 94.512 billion dollars, reported 94.93 billion dollars EPS report has had slight impact on the stock in
The stock of Amazon is set to start the day's trading near the $200.00 mark. This is caused by the firm's quarterly financial results, which have been attributed to higher retail sales. Earnings per share were expected to come in at $1.14, but actual earnings are $1.43. In the meantime, total revenues are slightly above forecast near $158.88 billion
The parent company of Google has reported the third quarter earnings. In general, the firm has passed expectations by experiencing a 10.00% surge in digital add revenues. The stock started the day's trading with a 7.00% gap up. Earnings per share are higher by 15.00% and revenues hit the forecast. EPS are $2.12 instead of $1.844 and revenues
AMD has reported the firm's quarterly financial results. In general, the firm hit third quarter forecasts, but the stock is dropping due to the firm reducing expectations for the next quarter. Forecast earnings per share were $0.923, but actual earnings are $0.92. In the meantime, total revenue was $6.819 billion, which is higher than the expected $6.712 billion.
On 23rd of October, TSLA reported its quarterly earnings and revenue results. Although mixed results, the Q3 report has had investors and traders convinced that Elon and the company will deliver. Consensus forecast earnings per share were $0.593, actual reported number was $0.72, which is a surprise of a more than +21.00%. Expected revenue for TSLA was $25.468 billion,
The stock price of McDonald's has plummeted mora than 7.00% at the start of Wednesday's trading due to fundamental news. It has been reported by news outlets that an E. coli outbreak and the death of one person has been linked to McDonald's Quarter Pounder burgers. Note that these news have come exactly a week before the company is set
On the 31st of October, Apple Inc. will present its quarterly and full fiscal year reports on business activity. Earnings per share and quarterly sales as well as full year performance will be in the interest of traders and investors. Strong balance sheet, high consumer activity and diversified revenue streams have been impactful to the company's past and current
On the 17th of October, Netflix reported its earnings and revenue for the third quarter. Both EPS and revenue results have beaten the expectations. Estimated earnings per share for Q3 were $5.116, reported EPS is $5.400. Estimated Revenue for Q3 was $9.771 Billion, reported is $9.825 Billion. The announcement has caused the NFLX stock to raise more than 10.00%.
On 15th October, Johnson & Johnson reported its quarterly earnings and revenue to its shareholders. Estimated EPS for Q3 was $2.207, reported EPS is $2.42 Estimated Revenue For Q3 was $22.172 Billion, reported is $22.172 Billion. However, the announcement has caused the JNJ stock to drop -1% in the premarket.
The US airlines Delta Air Lines has announced that due to lower travel demand, it expects lower quarterly earnings. The company's stock price declined on the news by starting the day's trading 2.00% lower.
Gold continues to have significant performance as an inflationary hedge for the market. Year-to date, Gold has seen an increase in price of 31.22%, which has been an outperformance of SP500 by over 9%. According to LBMA The Independent Precious Metals Authority, month on month there has been significantly higher activity regarding gold value transfers. The transfers are up 10.9%,
Upcoming earnings for Q3 release on the 23rd could bring crucial guidance and overall results from TESLA and Elon Musk. Future plans and execution regarding Robotaxis and Gigafactories for electric semis should be closer than ever, otherwise the market won't continue to provide TSLA with capital. Although EV deliveries increase, there is a chance that TESLA itself leaves the probability
The Upcoming October 17 Q3 EPS report will help investors and traders and the market itself understand if the provided guidance from the Netflix management board will has been satisfying, thus having a positive effect on the stock price. According to Shareholder letter forecasted EPS Q3 Year on Year Growth is expected to be around 13.9%, Forecasted year-on-year operating margin
The US based sportswear firm Nike has announced that it is withdrawing its annual sales target and called off the firm's investor day that was scheduled for 19 of November. In addition, the CEO announced that the actions have been done to provide the incoming new CEO with time needed to evaluate the firm's business and strategies. The markets reacted
The Chinese stock index has surged due to the Chinese government announcing a big stimulus package. The top 50 Chinese stock index has surged almost 20.00% during a week. This is the largest gain since 2008. However, the gains have resulted in the pair recovery to high levels that have not been seen since 2023. The stimulus is not resulting
This week, the stock price of Micron Technology experienced a major surge of more than 26.00%. This surge occurred due to the firm revealing that there is high demand for its products, which is set to result in major profits during the next quarter. In general, the firm sees major demand, despite high prices, in the high-bandwidth memory chip sector.
Johnson and Johnson (JNJ) Q1 and Q2 performance has been above market expected returns when it comes to Earnings performance. Although GAAP earnings and GAAP EPS for Q2 have been lower comparing to previous year (-12.8% and -5.9%), Q2 2024 Sales worldwide have increased by 4.3%. Organic Growth and Free cash flow are key priorities of JNJ Capital Allocation strategy,
The stock price of Visa has plummeted 4.25% at the start of September 24 US trading. The drop was caused by the announcement that the US Department of Justice that it is set to sue the company for allegedly monopolizing the US debit-card market. The upcoming lawsuit is set to extend the stock decline, if it drags on or the
At the start of the year, the stock price of Boeing plummeted as the firm had issues with safety compliance that resulted in stopped production, checks and eventually even the US Congress got involved. However, the situation calmed, and the stock started to recover from May up to early August. In early August, more bad news came, as issues
European Central Bank's (ECB) upcoming Thursday's policy meeting will include the announcement of the Euro's base interest rate, the Main refinancing rate. It will affect all the EU and rest of financial markets as well. In general, the markets expect a rate cut, as slow European growth forecasts suggest that there is a need for capital cost reduction. Meanwhile, the
The stock price of Oracle is set to start Tuesday's trading with a jump of $11.00 or 7.90%. The reason for the gap up are the quarterly financial results and future expectations. Quarterly earnings per share are $1.39 instead of forecast $1.332. Meanwhile, the total revenues were 0.56% above expected. Moreover, the company expects its income to continue to grow, as
US tech stocks declined on Tuesday, as a major sell-off occurred that was attributed to various reasons. Some quoted the start of a new month as the reason for the sell-off. Some blamed the lack of earnings in the tech sector. Meanwhile, others shorted the major head and shoulder pattern that was seen on all stock indices. The biggest looser
Wells Fargo has downgraded Boeing's stock. The stock has been downgraded to underweight with a price target of $119.00, which is 32% below the current price. The bank has indicated that the bank's income of $10 billion might be delayed by two years. Moreover, Boeing is set to spend $30 billion on the development of a new aeroplane. The news caused