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How to find stocks to trade?

Identifying Trade Opportunities Having a successful trading system requires a mix of different cogs working together in harmony to achieve successful outcomes. At the very beginning of this system is identifying companies, commodities, or currency pairs to trade. Finding ‘in play’ opportunities can be a challenge and take time to understand....

May 10, 2022
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Cigna tops Wall Street expectations in Q1

Cigna Corp. (C) reported its Q1 financial results before the market open in the US on Friday. The American insurance company reported revenue of $44.108 billion in Q1, above the analyst estimate of $43.391 billion. Earnings per share reported at $6.01 per share vs. $5.18 per share estimate. "We've had a strong start to the year as we advan...

May 9, 2022
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Under Armour under performs – the stock tumbles

Under Armour Inc. (UAA) reported its latest financial results Q1 on Friday. The US sportswear equipment company fell short of analyst estimates for the quarter, sending the stock in free fall. Revenue reported at $1.301 billion vs. $1.319 billion expected. Analysts were expecting earnings per share of $0.04 for the quarter, however, Under Arm...

May 9, 2022
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Macquarie Group banks 50% increase in profit

Australian bank, Macquarie has announced a strong uptick in earnings for the year. The company banked an impressive $4.706 Billion in profit which was an increase of 56% on 3,015 Billion for the FY21. Net profit was also up by 30% on 1H22. The company decided to give back ordinary dividends to the value of $6.22 per share. The bank unlike the ot...

May 6, 2022
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Is the Japanese Yen, JPY at risk?

The Japanese Yen, Japan’s currency, has long been classed in the safe haven category along with the USD and Gold. A currency that even in times of extreme pressure in the world economies, has been able to hold its price somewhat, compared to other major currencies. This is one of the reasons why Japan’s economy, albeit heavily in debt, is r...

May 6, 2022
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Lucid posts better than expected results in Q1

Lucid Group Inc. (LCID) reported its first quarter financial results after the market close on Thursday, delivering solid results. The US electric vehicle manufacturer reported revenue of $57.675 million, surpassing analyst estimate of $55.556 million. The company reported a loss per share of -$0.05 vs. -$0.31 loss per share expected. "We ...

May 6, 2022
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AGL Energy and The Mike Cannon-Brookes Take Over

First things first; who is AGL Energy? AGL is a leading integrated essential service provider, with a proud 185-year history of innovation and a passionate belief in progress – human and technological. They deliver 4.5 million gas, electricity, and telecommunications services to residential, small and large business, and wholesale customer...

May 5, 2022
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Uber Q1 results have arrived

Uber Technologies Inc. (UBER) reported its latest financial results on Wall Street on Wednesday. World’s largest ridesharing company reported revenue of $6.854 billion (up 135% from the same period last year) vs. $6.098 billion expected. The company reported a loss per share of -$3.04 for the first three months of 2022 vs. -$0.27 loss per s...

May 5, 2022
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Barrick Gold tops estimates and doubles its dividend

Barrick Gold Corp. (GOLD) announced its Q1 2022 financial results before the opening bell over in the US today, surpassing analyst estimates for the quarter. One of the world’s largest gold producers reported revenue of $2.926 billion in Q1 vs. $2.88 billion expected. The company reported earnings per share of $0.27 per share vs. $0.24 per ...

May 5, 2022
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Airbnb sets a new record and tops estimates for Q1

Airbnb Inc. announced its first quarter earnings results after the closing bell on Wall Street on Tuesday, exceeding analyst estimates for the first three months of the year. The company reported revenue of $1.509 billion vs. $1.452 billion expected. Total revenue represents an increase of 80% from Q1 2019 and 70% from Q1 2020. Loss per share...

May 4, 2022
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Pfizer gets a boost – Q1 earnings beat estimates

Pfizer Inc. reported its first quarter financial results before the market open in the US on Tuesday. The American pharmaceutical giant reported revenue of $25.661 billion in the first quarter of the year (up by 77% year-over-year) vs. $24.099 billion expected. Earnings per share also reported above analyst expectations at $1.62 per share (up...

May 4, 2022
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The Impact of China’s Lockdown

China’s recent covid shutdown has wreaked havoc on its economy and the impact may be felt globally. With the world so integrated the second largest global economy suffering through a lockdown has the potential to severely disrupt the global economy. China has had to face its worst covid outbreak since the beginning of the pandemic. To curb the...

May 3, 2022
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Arista Networks tops estimates for Q1

Arista Networks Inc. reported its Q1 financial results after the closing bell in the US on Monday, beating Wall Street estimates. The US computer networking company reported revenue of $877.066 million (up by 31.4% year-over-year) vs. $856.14 million expected. Earnings per share reported at $0.84 per share (up by 35.48% year-over-year) vs. $0...

May 3, 2022
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QANTAS confirms its plan for Project Sunrise

The major Australian airline announced its commitment to direct flights from Sydney and Melbourne to mainland Europe and the East Coast of America by 2026. The commitment was announced on the back of encouraging quarterly figures due to a strong recovery in the travel sector and the easing of many Covid restrictions. Trading results QANTAS an...

May 2, 2022
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Amazon records its first loss since 2015

Amazon has followed some of the other tech sector players in providing weaker than expected quarterly results. The global giant saw its share price drop dramatically after hours in response to the release of the report. Key Report Figures Revenue at Amazon increased by just 7% which marks its lowest figure since the .com bust in 2001. The rev...

May 2, 2022
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