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Economic Updates
Pfizer Q4 results announced
Pfizer Inc. (PFE) reported its Q4 financial results before the market open on Wall Street on Tuesday. The world’s third largest pharmaceutical company reported total revenue of $23.838 billion in the previous quarter (105% increase from the same period in 2020), falling short of analyst forecast of $24.157 billion. Earnings per share report...
February 9, 2022
Read More > Amgen reports Q4 results
Amgen Inc. (AMGN) reported its fourth-quarter financial results after the closing bell on Monday. The US biotechnology company reported total revenue of $6.846 billion (a 3% increase from the same period in 2020), just shy of the analyst forecast of $6.868 billion. Earnings per share was reported at $4.36 (up 26% year-over-year), beating anal...
February 8, 2022
Read More > Identifying opportunities and managing risk with Autochartist
Autochartist's advanced chart pattern recognition can help you with identifying real-time trading opportunities and making more informed trading decisions. Founded in 2004, Autochartist is a financial market analytics company that leverages big data and proprietary technology to provide their services. They provide analytics for currencies, com...
February 8, 2022
Read More > How to identify key resistance levels
A resistance level is a key tool in technical analysis, indicating when an asset has reached a price level that market participants are unwilling to surpass. Resistance levels are often used in conjunction with support levels, or the point at which traders are unwilling to let an asset's price drop much lower. To understand this fully, it’s im...
February 8, 2022
Read More > Amazon Q4 financial results are in
Amazon.com (AMZN) announced its fourth quarter results after the closing bell on Thursday. The company reported total revenue of $137.412 billion (9% increase vs. the same period in 2020) in the previous quarter, which was just shy of analyst forecast of $137.682 billion. Earnings per share reported at $27.75, above analyst forecast of $3.61 ...
February 4, 2022
Read More > Bitcoin’s first official legal tender
On June 5th 2021, El Salvador President Nayib Bukele declared that Bitcoin, the first cryptocurrency, would become legal tender in El Salvador. A few days later, the Bitcoin Law was passed, to take effect September 7th 2021. Businesses would be required to accept Bitcoin for all payments. Salvadorians would need to apply for a digital wallet called...
February 4, 2022
Read More > Oil hits $90 per barrel due to political tensions
Oil has reached $90 per barrel on Wednesday, which is the first time since 2014. On Wednesday, it was up 2% and the rise comes due to increasing concerns of a shortage in the coming months due to rising political tensions between Russia and Ukraine and the Middle East. During lockdowns, the demand for oil fell significantly and was trading b...
January 28, 2022
Read More > Apple reaches a new record and beats expectations
Apple Inc. (AAPL) reported its fiscal 2022 first quarter ended December 25, 2021 after the market close on Wall Street on Thursday. The company beat both revenue and earnings per share estimates, sending the stock higher in the after-hours trading. Apple reported total revenue of $123.945 billion (an all-time revenue record and up 11% year-ov...
January 28, 2022
Read More > Firebrick Pharma debuts on ASX
An Australian pharmaceutical firm that's developing a world first virus-killing nasal spray has made its debut on the ASX. It was founded in 2012 by Dr Peter Molloy and Dr Stephan Goodall with the mission to develop a nasal spray that killed all germs (viruses or bacteria) such as the common cold. It plans to bring its latest breakthrough ...
January 28, 2022
Read More > 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
Read More > 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 22, 2021
Read More > Alibaba financial numbers fall short of expectations
Alibaba Group Holding Ltd. (BABA) reported its latest financial results for the quarter ended September 30, 2021 before the market open on Thursday. The Chinese e-commerce giant posted disappointing results, falling short of analyst expectations. The company reported revenue of $31.123 billion (up by 29% year-over-year) vs. $31.658 billion expec...
November 19, 2021
Read More > Beyond Meat Q3 numbers fall short of expectations
Beyond Meat Inc. (BYND) reported its third-quarter financial results after the closing bell on Wednesday. The plant-based company posted disappointing results, falling short of Wall Street analyst expectations. The company reported revenue of $106.4 million (12.7% increase year-over- year) vs. $109.2 million expected. Loss per share at $0.87 a s...
November 11, 2021
Read More > Apple reports Q3 results
Apple reported their Q3 financial results after the closing bell on Thursday, missing Wall Street analyst expectations. The company reported revenue of $83.36 billion on the third-quarter (up by 29% year-over-year), below analyst forecast of $84.85 billion. Earnings per share at $1.24 a share, in line with the forecast. iPhone revenue at $3...
October 29, 2021
Read More > Coca-Cola beats Wall Street estimates for Q3
The Coca-Cola company reported their Q3 financial results before the opening bell on Wednesday. The company reported total revenue of $10 billion on the third quarter of 2021, beating analyst forecast of $9.75 billion. Earnings per share also topped analyst expectations on Wall Street at $0.65 per share vs. $0.58 per share expected. ''Our str...
October 28, 2021
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