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Qualcomm shares rose 6.7%
4 November 2021
3967
The company's earnings and outlook Qualcomm (QCOM) shares rose after the postmarket on Wednesday after the chipmaker achieved better-than-expected sales and revenue reports. The high sales outlook for the holiday quarter shows that Qualcomm is respo...
General Motors plans to double revenues and launch 1 million robot taxis by 2030
8 October 2021
5850
GM's statements at presentation General Motors' (GM) presentation to investors this week revealed details of the company's plans to double revenues, transform into a 'platform', build a fleet of 1m robot taxis and more. GM shares were up 4...
Levi Strauss reports profit growth
7 October 2021
3676
Profit growth Shares in Levi Strauss rose in the post-market after the clothing maker's financial results beat market expectations. Levi Strauss claimed benefits from its supply chain and promised a strong holiday quarter. Shares in Levi ...
Tesla deliveries: supply growth exceeds market estimates
4 October 2021
3189
Record shipments Tesla once again reported record shipments despite the issue of semiconductor failure.Tesla's sales and production statistics show strong growth, and if this pace continues, it will likely exceed its annual shipment forecast for 202...
Rise in bond yields calls into question investor confidence in large technology companies
30 September 2021
3718
Stocks of companies at a time of rising bond yields Shares in General Electric, Caterpillar and Boeing as well as financial and energy companies would be the best bet as US Treasury yields return to annual highs. This ...
Micron shares fall amid warnings of lower profits and earnings
30 September 2021
3549
Shares plunge Micron Technology (MU) shares fell sharply after the company reported a record quarter but gave a forecast well below and worse than analysts' expectations. Wall Street experts pointed out the problems and lowered their target prices f...
Nike's revenues missed forecasts: shipments from Asia not normalised until 2023
24 September 2021
5328
Nike's earnings and deliveries Nike (NKE) shares fell 4% after the release of Q1 FY2022 report. 2022. Although the company's earnings are rising, Nike's supply is very limited due to the closure of factories in Vietnam. The world's largest...
US GDP forecasts lowered by several reputable firms at once
14 September 2021
4139
US GDP forecasts down The US economy is set to decline sharply in the third quarter Goldman Sachs, Morgan Stanley, Oxford Economics and the Atlanta Fed have all cut their GDP growth forecasts sharply in recent weeks. The effects of the rapid spread ...
GameStop shares down 9%
10 September 2021
3725
Losses for three years GameStop (GME) investor enthusiasm continues to fall, despite the video game company's financial report showing quarterly revenues above Wall Street analysts' forecasts. GameStop is perhaps the best-known 'stock meme', but the...
Fed cancels offline meeting in Jackson Hole
23 August 2021
3981
Встреча не состоится The Fed has cancelled the US economic policy conference in Jackson Hole and will instead be held online on 27 August. Here's why investors should pay attention. On Friday, the Federal Reserve ...
Nvidia's deal to buy Arm could be blocked by the UK
4 August 2021
3972
Arm and Nvidia Nvidia shares were down slightly at the pre-market on Wednesday following news that a preliminary investigation by UK authorities into Nvidia's deal to buy UK tech giant Arm showed "worrying implicat...
Lyft reports 125% year-on-year revenue growth
4 August 2021
6674
Revenue growth Lyft continues to recover from the pandemic, posting quarterly revenue growth of 125% and pre-tax profits. Despite a new increase in illness and concerns about the Delta strain "July was Lyft's best month since March 2020". Shares in...
Amazon shares fall 7%
30 July 2021
3682
E-sales slowdown Amazon's second-quarter earnings came in below analysts' estimates; the company's third-quarter forecast also disappointed Wall Street. E-sales growth slowed, not even the Prime Day sell-off helped. The world's largest e-retailer A...
Boeing shares up 4%
29 July 2021
3713
Boeing's profits Boeing reported profits and revenue growth of 44% in the second quarter as airlines resumed orders for the company's commercial jets. Analysts suggest Boeing is starting to emerge from a deep crisis. Shares in Boeing (BA)...
Tesla reports record profits of $1.14bn
27 July 2021
3242
Company profits and chip shortages Tesla expectedly beat Wall Street estimates for second-quarter earnings and revenue. However, due to battery material shortages and a shortage of chips, Tesla will not b...
Netflix reveals growth in subscribers and announces plans to launch video games
22 July 2021
3564
Subscriber growth and plans In Netflix's second-quarter report, the company reported revenue growth of 19%, above estimates, with the number of new paid subscribers also surpassing Wall Street estimates. Netflix said it would add...
US stock indices down 0.3-0.4%
14 July 2021
4544
Trading on Tuesday US stock indices declined in trading on Tuesday, retreating from recent records. Investors were assessing June US inflation data as well as quarterly reports from some of the country's largest banks. US consumer prices (CPI) jump...
JPMorgan's profits rose strongly for the second quarter in a row
14 July 2021
4232
JPMorgan's profit JPMorgan, the biggest US bank by asset size, posted strong earnings growth on the back of a release of reserve funds and a significant jump in investment banking revenues. JPMorgan Chase Co. (JPM...
Amazon shares rose to record highs
7 July 2021
5149
Company shares and new head Amazon shares rose 7% in the past two trading days after CEO Jeff Bezos handed over to Andrew Jassy, who headed AWS's cloud division. A big boost to the stock was the Pentagon's decision to cancel ...
Micron gives high growth forecast and announces sale of Texas Instruments plant
2 July 2021
4673
Fiscal Q3 results Micron reported record sales and a jump in profits in the third quarter and gave a higher outlook for the fourth quarter than market analysts. Micron will sell its Utah plant for $9...
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