stock market

  1. syamfx2020

    Top earnings reports to watch this week

    Investors will shift their attention this week to corporate earnings with some of the biggest U.S. companies reporting their earnings later the week. Global shares trading strong on Monday ahead to the release of major corporate earnings results. Second Quarter earnings season kicks off with...
  2. syamfx2020

    FedEx surprised Wall Street with stronger-than-expected earnings

    The U.S. package delivery giant FedEx (NYSE: FDX) reported better-than-expected fourth-quarter earnings results on Tuesday after the market close. While the company reported a loss of $334 million in its fiscal fourth quarter but its revenue surpassed the expectations as the Covid-19 pandemic...
  3. syamfx2020

    Nike revenue plunged 38% due to shutdowns, but online sales jumped 75%

    Footwear giant Nike (NYSE: NKE) released its fourth-quarter earnings results on Thursday. The company reported a surprise loss of $790 million due to store closures across North America and other parts of the world and the revenue fell 38% to $6.31 billion in the three-month period ending May 31...
  4. syamfx2020

    DAILY MARKET REPORT - Friday, June 19, 2020

    Moving ahead today the investors look forward to the updates from European leaders meeting and Quadruple witching - when large derivatives positions rollover as futures and options expire in what is called ‘quadruple witching’, which happens once a quarter. The European Union 27 leaders meeting...
  5. syamfx2020

    DAILY MARKET REPORT - Tuesday, June 16, 2020

    Important Wall Street earnings today: Oracle Corporation (NYSE: ORCL) and Groupon (NASDAQ: GRPN) will post earnings after the market closes on Tuesday. Oracle estimated to report quarterly earnings at $1.20 per share on revenue of $10.90 billion. While Groupon expected to report quarterly...
  6. syamfx2020

    Tiffany sales down 45% due to store closures

    The luxury jewellery maker Tiffany & Co (NYSE: TIF) released its first-quarter 2020 results on June 9. The company worldwide net sales declined 45% due to the retail stores closed across the global markets over COVID-19 lockdowns. The New York-based company shut down two of their stores during...
  7. syamfx2020

    DAILY MARKET REPORT Thursday, June 11, 2020

    Tesla’s stock price climbed above $1,000 on Wednesday, bringing the market capitalization to $188 billion. The stock boosted after the company revealed an internal memo that signalled increased production of its electric Semi trucks. “It’s time to go all out and bring the Tesla Semi to volume...
  8. syamfx2020

    Chewy posted strong revenue as online pet food demand increases

    The e-commerce pet-care retailer Chewy Inc. (NYSE: CHWY) reported better-than-expected revenue for the first quarter. Chewy sales boosted recently after a decrease in shopping trips to the physical stores as many consumers opt for home delivery in this pandemic. According to the research from...
  9. syamfx2020

    DAILY MARKET REPORT - Wednesday, June 10, 2020

    Investors and traders will closely monitor the Fed statement later today that might add some volatility to the market. The Federal Open Market Committee (FOMC) will release FOMC Economic Projections and policy statement at 18.00 GMT followed by a Fed Chair Jerome Powell's press conference half...
  10. syamfx2020

    DAILY MARKET REPORT - Tuesday, June 09, 2020

    Hydrogen truck maker Nikola Corp. surged 104% in its third day of trading on the NASDAQ after a reverse merger with VectoIQ Acquisition Corp. The stock bounded higher on Monday after Trevor Milton, the founder of Nikola Corporation tweeted that reservations for Nikola’s zero-emission truck...
  11. syamfx2020

    Zoom usage booms; keeping millions connected amid coronavirus lockdown

    The Teleconferencing company Zoom video communications (NASDAQ: ZM) announced strong first-quarter financial results on Tuesday after market close. The California-based company beats Wall Street estimates with first-quarter revenue of $328.2 million, an increase of 169 per cent from last year...
  12. syamfx2020

    Why shares of Dell and Marvell jumped on Thursday

    Dell Technologies (NYSE: DELL) and Marvell Technology Group (NASDAQ: MRVL) reported strong quarterly earnings data on Thursday. Dell reported better than expected earnings after the market close. The revenue for Dell's Client Solutions Group rose 2% year over year to $11.1 billion. Earnings...
  13. syamfx2020

    Walmart Online sales grew 74% during the coronavirus pandemic

    Walmart (WMT) reported better than expected first-quarter earnings on Tuesday, as the coronavirus pandemic sends demand higher and driven by e-commerce sales growth and higher traffic in stores. The company said it would be withdrawing its 2020 guidance because of uncertainty during the...
  14. syamfx2020

    DAILY MARKET REPORT

    On Monday, FedEx (FDX) and Microsoft (MSFT) announced a multi-year collaboration that will combine FedEx’s logistics capabilities with Microsoft’s cloud technology. The shares of FedEx jumped 10.85% on Monday after the announcement. “FedEx has been reimagining the supply chain since our first...
  15. fullertonmarkets

    President Trump: I Don’t Watch the Stock Market, I Watch Jobs

    Trade tensions between the US and the rest of the world may escalate, short USD/JPY and long gold. Trade deal between the US and China may happen in 12 months’ time The Dow Jones Industrial Average suffered its biggest single-day pullback since early October on Tuesday after President Trump...
  16. P

    Activtrades New Profile For Professional Clients Wishing To Keep Higher Leverage

    Leading global CFD provider, ActivTrades, has introduced a brand-new profile designed for its experienced client base, The ActivTrades Professional Client profile. The new account type will allow Elective Professional Clients to keep, post ESMA, a leverage up to 1:400, whilst still benefitting...
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