ECB Raised Key Interest Rate by 75 bp as Expected
U.S. stocks traded mostly lower this morning, with the Dow Jones dropping 100 points on Thursday.
September 8, 2022
1611
Stocks
Friday's trading on U.S. markets ended with a significant increase in major indices (S&P 500 +1.53%, Nasdaq Composite +2.11%)
September 12, 2022
1445
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ECB is Expected to Double Down on Anti-Inflation Crusade as Gas Prices Keep Soaring
Yesterday, U.S. equities lost early gains and ended lower as a stronger-than-expected PMI report on the services refueled speculation of more Fed rate hikes ahead.
September 7, 2022
1537
Coinbase’s Eye Watering Earnings Showed How Unhedged and Vulnerable U.S. Prime Crypto Exchange Was
Shares of Coinbase (COIN) fell on Tuesday, August 9, after the largest U.S. cryptocurrency exchange reported a loss of more than $1 billion in Q2 and fell short of earnings estimates by analysts by a wide margin.
August 10, 2022
1233
Ford Motor: Rising from Covid Ashes
Ford reported Q2 results that beat Wall Street’s estimates.
August 5, 2022
1530
Apple: Q3 EPS at $1.20, Beats Estimates, Guidance Impacted by Supply Constraints and Currency Issues
Apple (AAPL) announced on Thursday, July 28, its long-awaited financial results, according to which fiscal Q3 revenues missed slightly, but EPS beat estimates.
July 29, 2022
1696
AT&T Earnings Report Questioned Living Up of Economic Cycle Resistant Stocks to Their Definition
On Thursday last week, AT&T (T) published its pivotal 2H 2022 earnings report. Q2 Non-GAAP EPS of $0.65 beat consensus forecast by $0.03, while revenue of $29.6 billion (-17.2% YoY, yikes!) still exceeded expectations by $130 million
July 25, 2022
1471
Citigroup Released Q2 2022 Financial Report and Key Metrics on Friday
The Bank manages assets (AUM) with a total value of more than $2 trillion
July 18, 2022
1632
JP Morgan Chase Disappointed by Muted Numbers, Share Buyback Suspension and Bleak Guidance
Shares of JP Morgan Chase (JPM) were down 3.5% on the reporting day, July 14, after a muted quarterly report. JPM's Q2 earnings per share of $2.76 fell short of the consensus estimate of $2.91; versus $2.63 in the first quarter of 2022 and $3.78 in the last year quarter.
July 15, 2022
1679
PepsiCo Kicks the Earnings Ball by Reporting Moderately Upbeat Numbers, Wary of Inflation
PepsiCo (PEP) shares pushed higher after the beverage giant posted a strong earnings result for the second quarter and raised its full-year sales forecast.
July 13, 2022
1691
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