Schedule for the week
This week the stock markets will be awaiting a slew of reports from major US companies. Investors should pay attention to reports from Apple, Microsoft, Amazon, Google and Facebook as they will aff...
Company earnings and forecasts
Intel (INTC) reported Q3 2021 earnings per share above market analysts' forecasts, but revenue was below estimates. Intel gave forecasts for the current and 2022 fiscal years. Intel's CFO ...
Nvidia shares after cloud gaming launch
Nvidia (NVDA) on Thursday announced the launch of its GeForce NOW RTX 3080 cloud service for streaming high-resolution, ultra-low latency video games by using ...
Shares fall
Snap (SNAP) shares fell 21% amid a report of Q3 2021 earnings below market analysts' forecasts. The company cited the stronger negative impact of Apple's privacy rule updates, as well as the impact on advertising of global...
PayPal could buy Pinterest
Shares of Pinterest (PINS) rose 12.8% on news of its potential acquisition by PayPal (PINS). Shares of PayPal fell nearly 5 percent Wednesday. Market analysts were divided on th...
Profits and deliveries
Tesla (TSLA) reported strong earnings and revenue growth on Wednesday, but gave no outlook for the full year 2021. Elon Musk did not attend the financial reporting conference. Tesla reported an important change in battery chem...
New devices from Google
Google on Tuesday unveiled its new Pixel 6 and Pixel 6 Pro smartphones with proprietary Tensor chips and the recently released Android 12 operating system. The new d...
High profits and user growth
Netflix (NFLX) has promised a lot of new content, with the possibility of adding 4.4 million new subscribers in Q3 and 8.5 million subscribers in Q4. "Squid Game" is the most popular series of Netflix.
Netflix's third q...
Vaccine sales
J&J Company (JNJ) reported its financial results for the third quarter of 2021 earnings per share exceeded market analysts' forecasts, but revenues fell short of estimates. Sales of COVID-19 vaccines t...
The cost of goods is increasing
Cleaner and razor manufacturer Tide and Gillette announced that it will begin increasing the price of beauty, oral hygiene and personal care products such as razors. This price increase will be achieved with an increa...
New Devices
On 18 October Apple (AAPL) at a presentation called Unleashed announced its new high-performance MacBook Pro laptops, a new generation of AirPods headphones and unveiled the HomePod Mini smart speaker in a variety of ...
Schedule for the week
Shares of Tesla, Intel, Netflix, IBM and Johnson & Johnson could change this week, influenced by the release of Q3 earnings and revenue reports.
It will be a busy week in the US stock market a...
Charges of perjury
Five members of a US congressional committee have suspected Amazon executives, including Jeff Bezos, of giving false testimony at hearings in 2019 and 2020. The Wall Street Journal reported this on Mo...
Friday trading
US stock indices rallied on Friday as investors absorbed Goldman Sachs' sharp gain and an unexpected rise in retail sales. The Dow Jones Industrial Average jumped 207 points, or 0.59%, while the S&P 500 and Nasdaq Composite indice...
Approval from the SEC
Although dozens of companies, such as VanEck and Fidelity, have applied to the Securities and Exchange Commission to create the first bitcoin ETF, none have yet received approval.
Instead, the SEC...
Rising indices
US stock indices rose on Thursday as major banks released strong quarterly results and jobless claims fell to the lowest level of the COVID-19 pandemic. The Dow Jones Industrial Average rose 418 points, or 1.22%, while the S&P 500...
Shares rise on report backdrop
Shares of major US banks Bank of America (BAC), Morgan Stanley (MS), Wells Fargo (WFC) and Citigroup (C) rose at the premarket after the release of Q3 2021 reports. Banks' earnings and profits beat Wall Street expectat...
Stimulus cut
Fed minutes on September showed that if the US economic recovery continues at current levels, the central bank will start cutting bond purchases by 15 billion a month from...
Company report
JPMorgan Chase (JPM) was the first major bank to report Q3 earnings and profits, its performance largely reflecting the state of the US economy and the strength of the financial markets.
JPMorgan Chase (JPM), the largest US bank by m...
Policy tightening
The IMF slightly lowered its forecasts for global GDP growth and US GDP pointed out that the current rise in inflation is causing "high uncertainty". The IMF called on central banks ...
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