US inflation
Mary Daly of the Federal Reserve Bank of San Francisco forecast that decision-makers will probably need to raise interest rates even higher and hold them there for a longer period of time.
Although though inflation ...
The company's shares ahead of its report
Shares in ExxonMobil (NYSE: XOM) opened at $86.67 in yesterday's trading, adding +1.17 at the close of trading.
Moreover, ExxonMobil's top price per share was $86.67 in yesterday's trading. The minimum value...
All about Rivian today
Rivian (RIVN) shares fell after the electric car startup released its first financial report as a public company. The losses were higher than analysts had forecast, and Rivian also lowered its production forecast for 2021. Riv...
HP & Dell sales
HP (HPQ) and Dell (DELL) shares rose in off-trade after posting stronger financial results than market analysts had forecast. The companies reported strong demand for PCs and office equipment as people returne...
The state of the company's stock
Shares in Beyond Meat (BYND) fell sharply in non-trading hours after the vegan meat producer disappointed investors with its financial results for the third quarter of 2021, as well as its outlook for the fourth.
Be...
Revenues plummeted
Shares of Robinhood (HOOD) fell after the online broker reported earnings below market analysts' forecasts as cryptocurrency trading volumes on the company's platform dropped sharply. Robinh...
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...
Uber shares after forecast
Uber (UBER) said it could make up to $25m in profit in the third quarter on the back of improvements in both its taxi and delivery services. Uber shares posted their strongest one-day gain since early 2021.
Uber (UBER) sh...
Outlook for the future.
Cisco (CSCO) shares rose slightly after the company gave a forecast to increase the share of the more profitable segment in its overall business and gave a revenue growth forecast for 2...
Zoom's earnings
Zoom Video Communications on Monday reported revenues and profits above market analysts' forecasts, but investors were disappointed by the slowdown in growth.
Shares of Zoom Video Communications (ZM) fell 10% after Monday's close, d...
Peloton forecasts and statement
Peloton (PTON) reported a worse quarterly loss than analysts expected and also gave a weaker outlook for the current quarter. Investors should not expect profitability from Peloton before 2023.
Pe...
Strengthening the US economy
At the end of the meeting, the Fed reassured financial markets by stating its commitment to maintaining current policy and zero rates until substantial progress on inflation and employment. The Fed do...
Earnings and forecasts
The company reported earnings per share and second-quarter earnings above analysts' estimates, while raising its full-year sales forecast for 2021. However, Intel's current quarter earnings are down.
Intel...
UBS earnings
Net income at UBS Group AG, the global leader in wealth management, rose 63% to $2.01 billion in the second quarter of 2021, up from $1.23 billion in the same period a yea...
Soda demand
PepsiCo Inc (NASDAQ:PEP) raised its earnings forecast for 2021 on Tuesday, betting on rising demand for carbonated drinks in cinemas, restaurants and stadiums as viewers return after the easing of ...
Nike's report
Nike on Thursday reported a successful end to fiscal 2021 after the close of trading, beating Wall Street expectations. Nike's quarterly revenue nearly doubled to an all-time high of $12.34 billion.
Shares in Nike (NKE) rose 14.1...
Adobe's shares rise
Adobe shares rose 2.5% in after-hours trading after the cloud software maker reported revenue growth of 23% and gave an outlook for the coming quarter above analysts' average...
Stock rises
Shares in Zoom Video Communications rose after the company reported earnings and revenue above analysts' average estimates and raised its full-year financial forecast. Zoom added about 30,000 customers during the quarter, indicating a mo...
Business growth at risk
Uber has reported record-low losses for the first quarter of 2021, thanks to the sale of its unmanned car division. However, Uber shares have fallen as investors see headwinds to profitability this year.
Uber (UBER) shares f...
Stock slump
Twitter reported a 28% increase in revenues in the first quarter of 2021 and profits were above analysts' expectations. However, Twitter's lower user growth and outlook for the second qua...
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