Tech stocks Intel (NASDAQ: INT) and IBM (NYSE: IBM) reported Q4 financial results on Thursday.
Intel Q4 earnings and revenue beat the Wall Street estimates while IBM posted mixed results.
“Intel is in a strong strategic and financial position as we make this leadership transition and take...
"Our strategy is simple: if we can continue to improve Netflix every day to better delight our members, we can be their first choice for streaming entertainment," Netflix said.
The entertainment giant Netflix (NASDAQ: NFLX) shares climbed more than 13% in during pre-market trading on Wednesday...
A busy week ahead as investors keep an eye on the ECB, BOJ, and BOC bank meetings.
Earnings to watch Netflix, IBM, Intel, MorganStanley, United Airlines.
The banking giants JPMorgan Chase (NYSE: JPM), Citigroup (NYSE: C) and Wells Fargo (NYSE: WFC) will release its fourth-quarter results on Friday before the bell. All three banking stocks closed higher on Thursday ahead of the earnings announcement.
JPMorgan shares climbed...
"Micron delivered outstanding fiscal first-quarter results, driven by focused execution and strong end-market demand," Micron CEO, Sanjay Mehrotra said.
The memory chip maker Micron Technology (NASDAQ: MU) reported better-than-expected earnings for its fiscal first quarter on Thursday after the...
Global markets started the year on a strong note while the bulls failed to keep the momentum.
Moving ahead there are important economic events and earnings to watch this week.
Stocks and Oil prices start the week on a mixed note as COVID19 cases continued to surge in the US and Europe.
Moving ahead there are other few key events and earnings to watch
California based Cloud-based data warehouse firm Snowflake (NYSE: SNOW) shares climbed 16% on Thursday and reached to new highs. The software company reported the first earnings on Wednesday after it went public on Sept. 16. Shares of Snowflake began trading at an initial public offering price...
Zoom Video Communications (NASDAQ: ZM) reported better-than-expected third-quarter financial results on Monday. During the previous quarter, the company revenue surged by 355% and especially in the Middle East and Africa saw revenue growth of 629%. While its operating profit for the quarter was...
Global markets are trading higher lifted by positive vaccine news from Moderna and upbeat China data.
Moving ahead the key economic events and earnings to watch this week
The American clothing retailer Gap Inc (NYSE: GPS) announced third-quarter financial results after the market close on Tuesday. The company last quarter earnings came below the Wall Street expectations and the revenue for the quarter fell 0.2% to $3.99 billion from $4.00 billion last year, while...
Technology giants Dell (NYSE: DELL) and HP (NYSE: HPQ) reported better-than-expected last quarter financial results on Tuesday boosted by a huge surge in PC demand due to remote working and distance learning.
$Dell
EPS $2.03 vs $1.40 expected
Revenue $23.48B vs $21.85B expected
$HPQ...
China and Japan reported strong economic data. On the Earnings front, JD.com and Vodafone posted last quarter results.
Moving ahead there are other few key events to watch
As the ride-hailing companies still struggling during this pandemic period, the San Francisco-based company LYFT (NASDAQ: LYFT) announced it will soon be entering the food-delivery business. The $LYFT stock surged more than 6% on Tuesday after the news.
Lyft’s president John Zimmer said the...
The world's largest burger chain McDonald’s (NYSE: MCD) reported better-than-expected third-quarter financial results on Monday. The strong Q3 results boosted by the drive-thru and online sales as more customers using the drive-thru and delivery options.
Earnings per share: $2.22 vs. $1.90...
Stocks and oil price started the week on a bullish note following the positive COVID19 vaccine news and on the earnings front, Beyond Meat posted Q3 loss.
Moving ahead there are other few key events to watch
Papa John's (NASDAQ: PZZA) shares closed 8% higher on Thursday after better-than-expected Q3 financial results.
The company pizza sales rose 17% from a year earlier to $473M.
EPS $0.35 vs $0.32 expected
Revenue $473M vs $466M expected
"Papa John's sustained its momentum and delivered...
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