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Tesla Q1 delivery update

Tesla Inc. reported its Q1 2022 delivery numbers on Saturday. World’s largest automaker delivered a total of 310,048 cars in the first quarter of the year – a 67% increase year-over-year. The deliveries in Q1 consisted of: 14,724 Model S/X 295,324 Model 3/Y The company produced a total of 305,407 vehicles in Q1 – a 69% increa...

April 5, 2022
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NIO’s March delivery numbers have arrived

NIO Inc. (NIO) reported its latest delivery numbers for March on Friday. The Chinese electric vehicle company delivered 9,985 cars last month – an increase of 37.6% year-over-year. The deliveries in March consisted of: 1,726 ES8s – the company’s six-seater or seven-seater flagship premium smart electric SUV 5,064 ES6s – the co...

April 4, 2022
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Biden’s push toward electric vehicles as he looks to invoke the Defence Production Act

US President Joe Biden is pushing to invoke the Defence Production Act as soon as the end of the week. The president is aiming to boost domestic production of critical minerals which are essential to the production of Electric Vehicle (EV) batteries and military hardware. The legislation was originally designed to help the federal government gai...

April 1, 2022
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Walgreens Boots Alliance exceeds Wall Street expectations

Walgreens Boots Alliance Inc. reported its latest financial results for the second quarter of fiscal 2022 on Thursday. The pharmaceutical company reported revenue of $33.756 billion in the quarter, beating analyst forecast of $33.228 billion. Earnings per also topped analyst estimates at $1.59 per share vs. $1.39 per share expected. CEO Ro...

April 1, 2022
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State of Play for FAANG stocks

The FAANG stocks are perhaps the most well-known and well-advertised stocks in the market. The FAANG stocks are made up of META (Which used to be Facebook), Apple, Amazon, Netflix, and Google (now traded as Alphabet). They are often grouped as they are some of the biggest tech players in the market with a collective market cap of around 7 trillion ...

April 1, 2022
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Paychex beats estimates

Paychex Inc. reported its latest financial results before the opening bell on Wall Street on Wednesday. The US payroll services company reported total revenue of $1.276 billion for the quarter ending February 28, 2022 (a 15% increase year-over-year) vs. $1.22 billion expected. Earnings per share reported at $1.15 per share, above analyst esti...

March 31, 2022
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Woolworths’ latest green light from Goldman Sachs explained

Woolworths Group Limited is an Australian trans-Tasman retailer headquartered in Bella Vista, Sydney, with extensive operations throughout Australia and New Zealand. It is the largest company in Australia by revenue and the second-largest in New Zealand. Goldman Sachs has labelled Woolworths as a buy in their latest broker note release. Woolwort...

March 31, 2022
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JB Hi-Fi may have just successfully weathered the pandemic

JB Hi-Fi is an Australian/New Zealand consumer electronics, Home Appliances and Technology retailer. The company operates 316 stores across Australia and New Zealand. JB Hi-Fi appears to be still going strong despite the general retail disruptions brought on by COVID-19. Based on the uncertain nature of the pandemic, they are having issues with ...

March 31, 2022
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Telstra, TLS Dividend and Price Action

Telstra Corporation Limited is an Australian telecommunications company which builds and operates telecommunications networks and markets voice, mobile, internet access, pay television and other products and services. It is a member of the S&P/ASX 20 and Australia's largest telecommunications company by market share. Key points Tels...

March 30, 2022
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Dividends and who’s paying them in April?

A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a proportion of the profit as a dividend to shareholders. How do stock dividends work? A dividend is paid per share of stock — if you own 30 shares in a company and that company pays $2 in annual cas...

March 29, 2022
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Xpeng tops estimates in Q4

Xpeng Inc. reported its Q4 2021 financial results before the market open in the US on Monday. The Chinese electric vehicle company topped Wall Street expectations, beating both revenue and earnings per share estimates. World’s 21st largest automaker reported total revenue of $1.764 billion in the quarter (200.1% increase year-over-year) vs. $1...

March 29, 2022
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Market set for another volatile week

The market looks for another volatile week as geopolitical concerns and high commodity prices look likely to remain a key factor in the last week of March. Market sentiment will also be dictated by the Federal Reserve's responses to key core figures coming out later this week. Commodities Oil prices are set to remain in focus with concerns fr...

March 28, 2022
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What Premier Investments’ latest results tells us about Retail sector post pandemic

Premier Investments is a company that was established as an investment vehicle to maximise growth in capital returns to shareholders through the acquisition of controlling or strategic shareholdings in premier Australian companies, with a particular focus on retailing, importing and distributing. Premier Investments’ Half-Year Results Premi...

March 25, 2022
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NIO Q4 2021 results have arrived

NIO Inc. reported its fourth quarter 2021 financial results after the market close on Wall Street on Thursday. The Chinese electric vehicle maker reported revenue of $1.558 billion (49.1% increase year-over-year) that was above analyst forecast of $1.537 billion. NIO reported higher than expected loss per share in the fourth quarter of -$0.17...

March 25, 2022
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A quick surveillance on the Australian drone sector

Drones are slowly becoming mainstream in our airspace. Along with unmanned aviation vehicles (UAV), these high flying devices can commonly be reported as a potential UFO. There has been quite a lot of hype over potential growth of the drone market. The potential value of the global drone industry has been estimated to double within the next five...

March 24, 2022
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