stock market

  1. syamfx2020

    EA Q4 revenue beat Wall Street estimates

    The strong Q4 results boosted by the continued demand for #FIFA21 and #ApexLegends games. Read more here- https://gulfbrokers.com/en/ea-q4-revenue-beat-wall-street-estimates
  2. syamfx2020

    Should investors need to worry about Biden’s Tax plan?

    #Bitcoin slumped below 50k for the first time since early March #DowJones didn't have big weekly moves in the last 2 weeks Should investors need to worry about the Biden tax plan? Read my detailed blog here- https://gulfbrokers.com/en/should-investors-need-to-worry-about-bidens-tax-plan
  3. syamfx2020

    Harley-Davidson Q1 earnings beat expectations

    The motorcycle manufacturer Harley-Davidson (NYSE: HOG) reported better-than-expected Q1 earnings and raised full-year guidance for both revenue and profit margins. Read the more detailed report here- https://gulfbrokers.com/en/harley-davidson-q1-earnings-beat-expectations
  4. syamfx2020

    US banking giants had a blowout first quarter

    Last week wall street celebrated blowout earnings results from the six American, investment banks including Goldman Sachs, JP Morgan, Bank of America, Wells Fargo, Citigroup, and Morgan Stanley. Most surprisingly all the big banks reported better-than-expected Q1 financial results. Read the...
  5. syamfx2020

    Stock to watch: $NVDA

    The computer graphics giant NVIDIA (NASDAQ: NVDA) shares climb to near the all-time high on Monday after the company lifts the Q1 revenue forecast. NVIDIA also introduced the first CPU for data centres. Which will deliver 10 times the performance of today’s fastest servers. NVDA stock closed...
  6. syamfx2020

    Levi’s stock soars after the company lifts revenue forecast

    The denim maker Levi Strauss & Co (NYSE: LEVI) reported better-than-expected last quarter financial results on Thursday. While during the last quarter the company revenue declined by 13% year-on-year to $1.31 billion but the results beat the Wall Street estimates of $1.25 billion. Levi’s...
  7. syamfx2020

    Palantir stock dips to near $20: Is now a good time to buy?

    The American software company Palantir Technologies (NYSE: PLTR) stock went public on September 30, 2020. The company shares gained nearly 200% and made a spectacular 3-month rally from closing their trading first session at $9.50 on Sept. 30 to $45 on Jan 2021. While the $PLTR dropped more than...
  8. syamfx2020

    Will the Wall Street rally continue in Q2?

    The global stock market recorded a solid gain in the first quarter of 2021. The markets are finished in 2020 with a big bang having delivered one of the fastest recoveries in the history of the markets after the sell-off in March 2020. The US stock indices, Dow Jones and S&P 500 climbed to...
  9. syamfx2020

    It’s GameStop earnings day: GME slips below $200 ahead of results

    Texas-based company GameStop is scheduled to report its first quarterly earnings on Tuesday after market close. The company expected to post adjusted earnings of $1.42 per share, on more than $2.2 billion in revenue. Even though fundamentals didn’t work much with this stock from the last couple...
  10. syamfx2020

    Restaurant software company Olo IPO to open on Tuesday

    Food ordering technology company Olo will launch its initial public offering (IPO) on March 16 and the company plans to raise $306 million at a $3.1 billion market capitalization. The company financials showed strong topline revenue growth, the revenue grew 94% year-over-year, from $45.1 million...
  11. syamfx2020

    DAILY MARKET REPORT - Monday, March 15, 2021

    US stock futures climbed to fresh session highs on Monday. During the last week, the US indices touched a record high levels, the Dow gained nearly 4% while the S&P 500 and the NASDAQ both added more than 2%. EQUITIES Chinese shares traded lower on Monday despite better-than-expected retail...
  12. syamfx2020

    Can Pinterest (PINS) stock become the next Facebook (FB)?

    The Social media platform Pinterest was founded in 2003 and it went public in April 2019. It began its first day of trading up 25% at $23.75. The platform allows users to “pin” posts to digital “boards” on topics of interest. Pinterest (NYSE: PINS) stock has a market capitalisation of US$52...
  13. syamfx2020

    Twilio shares jumps another 10%: Can the rally last?

    The San Francisco-based cloud communications platform Twilio (NYSE: TWLO) shares jumped more than 10% in the pre-market trading on Thursday and climbed to a fresh all-time high of $457.30. The recent rally boosted by the better-than-expected fourth-quarter revenue and earnings results...
  14. syamfx2020

    Dating app Bumble raises $2.2B in Wall Street debut

    The popular online dating app Bumble (NASDAQ: BMBL) shares commenced trading on the NASDAQ stock exchange on February 11th under the symbol $BMBL. The Bumble app is open to those who are looking to date, find friendships or even business connections. The company annual revenue has grown from...
  15. syamfx2020

    DAILY MARKET REPORT - Thursday, Feb 11, 2021

    Asian markets trading unchanged due to the China New Year holidays. Chinese shares closed for a week-long holiday from Thursday with trade resuming on Feb. 18. While Hong Kong markets are set to reopen on Tuesday next week. EQUITIES On Wednesday, the Wall Street slightly retreated from the...
  16. syamfx2020

    Stock to watch: DASH

    The US largest food delivery company DoorDash (NYSE: DASH) shares closed 14% higher on Wednesday after the company agreed to acquire the robot salad company Chowbotics. $DASH climbed more than 18% from Monday and surged 35.4% in January. Chowbotics has introduced a new feature for Sally which...
  17. syamfx2020

    Dow Jones hits new record high: Is there more upside or will we see a correction?

    Dow Jones ended record high on Tuesday on hopes that US lawmakers will pass a $1.9 trillion COVID-19 relief aid this month and strong Q4 earnings results. The recent rally also supported by bullish comments from the Janet Yellen, the US treasury secretary, she said the US economy could return to...
  18. syamfx2020

    Google parent Alphabet stock cracks $2000 mark

    Google's parent company Alphabet (NASDAQ: GOOGL) has released its fourth-quarter financial results on Tuesday after the market close. The internet search leader reported $46.2 billion in revenue and $11.2 billion in net income in the last quarter. Alphabet shares jumped more than 7% to $2,066 in...
  19. syamfx2020

    Tech earnings

    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...
  20. syamfx2020

    Are you ready for big banks Q4 earnings?

    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...
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