Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Johnson & Johnson Q4 results are in

Johnson & Johnson (JNJ) reported its Q4 earnings before the opening bell on Wall Street on Tuesday. Let’s take a closer look at how the pharmaceutical giant performed in the previous quarter. The company reported total revenue of $24.804 billion in Q4 (up by 10.4% from the same period in 2020), below analyst forecast of $25.276 billion. ...

January 26, 2022
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Verizon tops Wall Street expectations

Verizon Communications Inc. (VZ) released their previous quarter financial results before the market open on Tuesday. The US telecommunication giant topped Wall Street analyst expectations on both revenue and earnings per share. The company reported total revenue of $34.1 billion vs. $34.056 billion expected. Earnings per share at $1.31 a sha...

January 26, 2022
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IBM beats Wall Street expectations in Q4

It is set to be a busy week over in the US with major companies, including General Electric, Johnson & Johnson, Microsoft, Tesla, Apple and McDonald's set to release their earnings figures for the previous quarter. International Business Machines Co. (IBM) released their latest figures after the closing bell on Monday. The US technology gian...

January 25, 2022
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Netflix & Q4 earnings

Netflix released its Q4 2021 financial results after the US market close on Thursday. The online streaming service company reported total revenue of $7.709 billion in the quarter, slightly falling short of analyst forecast of $7.71 billion. Earnings per share at $1.33 a share, above analyst estimate of $0.88 a share. ''We achieved several ...

January 24, 2022
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Procter & Gamble Co. tops expectations

Procter & Gamble Co. reported its second quarter fiscal year 2022 earnings before the opening bell on Wednesday. The US consumer goods company reported total revenue of $20.953 billion, above analyst forecast of $20.335 billion. Earnings per share at $1.66 per share vs. $1.65 a share expected by the analysts on Wall Street. Jon Moeller...

January 20, 2022
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Bank of America Q4 numbers are in

Bank of America announced its 2021 Q4 financial results before the opening bell on Wall Street on Wednesday. World’s 2nd largest bank reported total revenue of $22.06 billion, falling short of analyst estimate of $22.18 billion. Earnings per share at $0.82 a share in the previous quarter, above analyst forecast of $0.77 a share. Chairman...

January 20, 2022
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Goldman Sachs Q4 results announced

Goldman Sachs reported its latest financial results for the previous quarter before the US market open on Tuesday. Let’s take a closer look at the key numbers. The company reported higher than expected revenue for Q4 2021 of $12.639 billion vs. $12.044 billion estimate. Earnings per share (EPS) at $10.81 per share in Q4 2021, below Wall Str...

January 20, 2022
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Wells Fargo tops expectations for Q4

Wells Fargo & Co. (WFC) reported its latest financial results for the previous quarter before the opening bell on Friday. The company beat both revenue and earnings per share expectations. Total revenue at $20.856 billion in Q4 of 2021 vs. $18.791 billion expected. Earnings per share at $1.38 per share vs. $1.11 a share expected. Company ...

January 17, 2022
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JPMorgan Q4 results are in

The world’s largest financial services company, JPMorgan Chase & Co. (JPM) reported its 2021 Q4 financial results before the opening bell on Wall Street on Friday. The company reported total revenue of $29.257 billion in the fourth quarter of 2021, missing analyst forecast of $29.782 billion. Earnings per share reported at $3.33 a share, a...

January 17, 2022
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Citigroup reports Q4 results

Citigroup Inc. (C) reported its 2021 Q4 earnings before the opening bell on Friday. The world’s 15th largest financial services company topped Wall Street analyst expectations. The company reported total revenue of $17 billion in Q4 vs. analyst forecast of $16.84 billion. Earnings per share reported at $1.46 per share vs. forecast of $1.39 per...

January 17, 2022
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Nike latest numbers are in

Nike Inc. (NKE) reported its fiscal 2022 financial results for its second quarter ended November 30, 2021. Let’s take a closer look at the numbers. The US sporting goods company reported revenue of $11.36 billion in the quarter (up by 1% from the same period last year) vs. $11.25 billion expected. Earnings per share was at $0.83 a share (up...

December 21, 2021
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Up next: the Bank of Canada rate decision

One of the must-watch economic events this week will be the Bank of Canada interest rate decision. The rate decision is due to be announced at 15:00 pm London time on Wednesday. Why is the announcement important? A bank interest rate is a rate at which a country’s central bank lends money to local banks. The interest rate is charged by the ...

December 8, 2021
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Preview: Non-Farm Payroll Announcement

It’s the beginning of a new month which means that the Non-Farm Payroll figures will be released this week by the US Bureau of Labor Statistics. The latest US jobs data for November will be released at 13:30 PM London time on Friday. Why is the announcement important?   Non-Farm Payroll is one of the most closely watched indicators....

December 3, 2021
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NIO sets a new record

NIO Inc. (NIO) reported its latest delivery numbers for November on Wednesday, setting a new monthly following disappointing results in October. The Chinese electric vehicle company delivered 10,878 cars last month – an increase of 105.6% year-over-year. The deliveries in November consisted of: 2,683 ES8s – the company’s six-seater...

December 2, 2021
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NIO and Shell announce an agreement

Last week, NIO announced that they have entered into a strategic agreement with Shell, the largest gasoline retailer in the world. The latest move is a boost for NIO to further establish themselves in the electric vehicle industry. The agreement includes plans to construct and operate battery charging and swapping facilities in China and Europe....

December 1, 2021
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