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Economic Updates
Home Depot tops expectations
Home Depot Inc. reported its fourth quarter earnings results before the opening bell in the US today. The world’s largest home improvement retailer reported total revenue of $35.719 billion for the quarter, beating analyst forecasts of $34.88 billion. Earnings per share was also slightly above analyst estimate at $3.21 per share vs. $3.18 p...
February 23, 2022
Read More > Walmart delivers in Q4
Walmart Inc. (WMT) reported its latest financial results before the opening bell on Wall Street on Thursday. World’s largest supermarket chain reported revenue of $152.871 billion (up by 0.5% year-over-year), narrowly beating analyst forecast of $151.72 billion. Earnings per share reported at $1.52 vs. $1.50 per share expected. Doug McMi...
February 18, 2022
Read More > Seek’s latest dividend reaches three year high
Seek is a technology company that matches employers with potential candidates, via their online career opportunities advertising service and other related services. Seek’s latest declared dividend is the highest payment in the past three years. This announcement came after a significant increase in sales and profits achieved in the first half ...
February 18, 2022
Read More > Seek’s latest dividend reaches three year high
Seek is a technology company that matches employers with potential candidates, via their online career opportunities advertising service and other related services. Seek’s latest declared dividend is the highest payment in the past three years. This announcement came after a significant increase in sales and profits achieved in the first half ...
February 18, 2022
Read More > What are ETFs and why trade them as CFDs?
An exchange-traded fund, or ETF, is a basket of securities (forming a fund) that trade like shares on major stock exchanges. The securities that make up an ETF can be varied. These may include stocks, bonds, commodities, or currencies. An ETF may track the performance of a broad index, like the S&P 500, or it may track a specific country...
February 18, 2022
Read More > Tesla’s share price and Elon donates $5.74 BN
Tesla Inc, formerly known as Tesla Motors (2003–17), is an American manufacturer of electric automobiles, solar panels, and batteries for cars and home power storage. It was founded in 2003 by American entrepreneurs Martin Eberhard and Marc Tarpenning and was named after Serbian American inventor Nikola Tesla. Elon Musk took over as CEO in...
February 17, 2022
Read More > NVIDIA beats estimates
NVIDIA Corp. reported its fourth quarter financial results after the market close on Wednesday. The US technology giant reported revenue of $7.643 billion in the previous quarter (up by 53% from a year earlier) vs. $7.42 billion expected. Earnings per share reported at $1.32 (up 69% from a year earlier and up 13% from the quarter before) vs...
February 17, 2022
Read More > Cisco tops Wall Street expectations
Cisco Systems Inc. reported its second quarter results for the period ended January 29, 2022, after the closing bell on Wall Street today. The company topped both revenue and earnings per share estimates. Let’s take a closer look at the key numbers. Total revenue reported at $12.72 billion (up 6% year-over-year) vs. $12.664 billion expected. ...
February 17, 2022
Read More > What just happened to Mark Zuckerberg’s Facebook and Meta?
Mark Zuckerberg and his company Meta Platform Inc (formerly known as Facebook) have been in the news recently, and it is often not good news. They might be able to attract some positive attention through their futuristic demonstrations of the Metaverse, but it is often the controversial news that gets the most attention. For example, how Instagram ...
February 11, 2022
Read More > Disney tops Wall Street expectations
The Walt Disney Company (DIS) reported its first fiscal quarter ended January 1, 2022 after the closing bell on Wednesday. The US media giant reported total revenue of $21.819 billion (34% increase year-over-year), beating analyst estimate of $20.27 billion. Earnings per share at $1.06 vs. analyst forecast of $0.74. ''We’ve had a very st...
February 11, 2022
Read More > Coca-Cola tops Wall Street estimates for Q4
The Coca-Cola Company (KO) reported its fourth quarter financial results before the opening bell on Wall Street on Thursday. The US beverage company topped analyst forecast, posting solid results for the last quarter of 2021. Total revenue reported at $9.47 billion vs. $9.005 billion estimate. Earnings per share reported at $0.45 a share vs. ...
February 11, 2022
Read More > Uber surpasses expectations in Q4
Uber Technologies Inc. (UBER) reported its Q4 2021 financial results after the market close on Wall Street on Wednesday. The company beat analyst estimates for both revenue and earnings per share. Total revenue reported at $5.778 billion (83% increase year-over- year) in Q4 vs. $5.346 billion expected. Earnings per share at $0.44, analysts we...
February 11, 2022
Read More > Twitter falls short in Q4
Twitter Inc. (TWTR) reported its latest financial numbers before the opening bell on Wall Street on Thursday. Let’s take a look at how the social media company performed in the last quarter of 2021. The company reported total revenue of $1.567 billion in Q4, falling short of analyst forecast of $1.578 billion. Earnings per share reported in...
February 11, 2022
Read More > 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
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