Nvidia and the Magnificent 7
Nvidia's exceptional earnings marked the conclusion of another notable reporting season for the "Magnificent 7" tech stocks, highlighting their significant influence over this year's remarkable&n...
Leadership Shake-Up at HSBC
HSBC, Europe’s largest bank, has made headlines with the unexpected retirement announcement of Group Chief Executive Noel Quinn. This news coincides with the release of the bank's first-quarter financial results, re...
Hertz's Shocking Slide
Hertz Global Holdings Inc. saw its shares continue their descent on Thursday, following the disclosure of its Q1 financial results. The results unveiled a larger-than-anticipated loss and an augmented strategy to divest its el...
Goldman Sachs Shines
Goldman Sachs Group Inc.’s stock surged by an impressive 3.7% in premarket trade on Monday, following a stellar first-quarter earnings report. The bank reported a remarkable net income of $3.93 billion, marking a...
Price Wars and Profit Projections
As we approach the eagerly anticipated date of October 18 for Tesla's (TSLA) third-quarter earnings report, the investor community is buzzing with a blend of optimism and concern. Let's delve into the key factors in...
Tesla's Shocking Q3 Performance
Tesla, a leading electric vehicle (EV) company, faces stock market turbulence as it nears the Q3 2023 earnings report. Despite early September growth, TSLA stock has been consistently volatile, with Q3 deliveries fall...
Citi's Green Shoots Report
Investment firm Citi recently commenced coverage on several prominent application software companies. In a report issued on Tuesday, Citi analysts evaluated the prospects of Braze (NASDAQ: BRZE), Hubspot (NYSE: HUBS), and ...
Palo Alto Networks Shatters Expectations
PANW experienced a significant pre-market trading boost after releasing its strong Q4 earnings report. The cybersecurity firm surpassed projections and raised its annual sales forecast.
In the post-market re...
Adidas' Yeezy Phenomenon
Adidas, the sports apparel giant, reported impressive revenue of $437 million (€400 million) from the sale of Yeezy merchandise during the second quarter of 2023, according to the company's...
Insights from the latest US economic report
The latest report from the Commerce Department provides insight into the state of the US economy, with data on inflation, personal income, and consumer spending.
Here's ...
Oracle's Cloud Revenue Soars by 45% But Fails to Meet Expectations - Shares Drop in Extended Trading
Oracle report and shares
Oracle Corp. has reported its fiscal third-quarter revenue, which increased by 18% to $12.4 billion, a figure that is just shy of analysts' average estimate of $12.41 billion.
The company's cloud revenue segment, which it h...
Quarterly report from the company
US telephone operator Verizon Communications (NYSE: VZ) reported a 24% decline in net income for the third quarter to $5 billion, compared with $6.6 billion in the s...
Beyond Meat on the stock market
Beyond Meat was down 11.91 per cent to $13.02 at the time, before slowing to 7.38 per cent at $13.69 per share, Nasdaq trading data showed.
Investors began selling off after the company reported a cut in its 2022 rev...
Tesla shares after the report
Shares of electric car maker Tesla (NASDAQ: TSLA) fell 6.5% to $248 in Nasdaq premarket trading on Monday, October 3. At the time of writing, the decline has slowed to 4.62%.
Quotes started the decline on the back of t...
Medtronic's financial results
Medtronic (MDT) on Tuesday reported first-quarter results that beat analysts' estimates. The earnings figure exceeded forecasts.
It is worth noting that Medtronic (MDT) shares closed the f...
The company's results
Coinbase (NASDAQ: COIN) quarterly report showed a drop on users, trading volumes and market share. The crypto-exchange is clearly in crisis. Coinbase gave a pessimistic outlook, despite its partnership with BlackRock.
The seco...
Report from Apple
Apple (NASDAQ: AAPL) shares rose after the report as Q3 fiscal 2022 revenue and earnings beat market analysts' forecasts. However, Apple's sales growth is slowing sharply and experts expect lower electronics sales due to inflation....
Report from the company
Tesla (NASDAQ: TSLA) shares rose in the postmarket on Wednesday after the automaker reported earnings per share above analysts' forecasts and 42% revenue growth despite inflation concerns, component shortages and COVID-19 in ...
Report from Bank of America
Bank of America's profit for the second quarter of this year fell by 32% compared to the same period in 2021. Such data are given in the bank's quarterly financial results report published on Monday.
The second-largest U...
GlobalNY.biz analysts have compiled a rating of financial services companies based on its performance during the Q2 of 2022. The purpose of the rating is to assess the state of the information field, which is formed by m...
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