wall street

  1. syamfx2020

    Delta Airlines (NYSE: DAL) reported a $5.4 billion net loss for the Q3

    $DAL closed more than 2% lower on Tuesday after the company posted weaker-than-expected financial results. EPS: -$3.30 vs -$3 expected Revenue: $3.06B vs $3.11B expected "We have been encouraged as more customers travel and we are seeing a path of progressive improvement in our revenues...
  2. syamfx2020

    Stimulus hopes sent Airline stocks up for second week in a row

    Airline stocks closed higher for the second consecutive week on Friday after the US President Trump urged $25 billion in relief for the industry. Overall, the momentum for Airline shares remained bullish throughout last week. Trump said last Tuesday that Congress should quickly extend $25...
  3. syamfx2020

    Weekly Economic and Earnings Calendar 12/10/2020 – 16/10/2020

    A busy week ahead as investors keep an eye on the Q3 bank's earnings season, EU meeting, US retail sales, and CPI. Earnings to watch Wells Fargo, JP Morgan, Bank of America, Infosys, Delta airlines, Citi group.
  4. syamfx2020

    Stock to watch - IBM

    IBM (NYSE: IBM) shares closed 6% higher on Thursday after the IT giant announced to spin off its IT infrastructure unit into a new publicly-traded firm. The new company will have 90,000 employees with a new name by the end of 2021.
  5. syamfx2020

    Domino’s misses Q3 earnings while revenue beats

    The world's largest pizza chain Domino's Pizza (NYSE: DPZ) announced third-quarter financial results on Thursday. The company earnings missed the consensus estimate while the revenue rose 17.9% to $968 million, topping expectations of $953 million. On the other hand, Domino’s operating profit...
  6. syamfx2020

    DAILY MARKET REPORT - Thursday, Oct 08, 2020

    The stock market continues to be volatile going up and down. On Wednesday, Wall Street ended higher after President Trump appeared to soften his stance on a further stimulus package for American households, airlines, and small businesses. On Tuesday, the stocks fell following President Trump...
  7. syamfx2020

    Pepsi Co Q3 financial results beat Wall Street estimates

    PepsiCo(NASDAQ: PEP) shares closed almost 2% higher on Thursday after the company Q3 financail results exceeded Wall Street estimates. EPS $1.66 $1.49 expected Revenue $18.09B $17.23B expected
  8. syamfx2020

    Why $BBBY stock jumped 30% on Thursday

    The home goods retailer Bed Bath & Beyond (NASDAQ: BBBY) shares soared 30% on Thursday after the company reported better-than-expected second-quarter financial results. The e-commerce sales grew 89% in the last quarter as the coronavirus pandemic sends demand higher and driven by online sales...
  9. syamfx2020

    Nikola shares up on higher stake hopes

    Nikola (NASDAQ: NKLA) shares closed 14% higher on Wednesday after the latest reports said General Motors (NYSE: GM) might take a larger stake in Nikola than originally planned. The deal was supposed to be finalized by September 30, but both companies confirmed that discussions are still ongoing...
  10. syamfx2020

    COSTCO surprises again Wall Street with strong results

    Costco Wholesale (NASDAQ: COST) showed its continued growth during the pandemic, America’s multinational corporation announced better-than-expected fourth-quarter financial results on Thursday. The company E-commerce sales rose 91.3% during Q4 on a year-over-year basis and were up 50.1% for the...
  11. syamfx2020

    DAILY MARKET REPORT - Friday, Sep 25, 2020

    US New Home Sales for August revealed an advance to 1,011K, against the predicted 890K, according to a report from the National Association of Realtors. Sales of new homes increased by 4.8%, the rate was the highest since 2006. On the other hand, the existing home sales increased 2.4% to a...
  12. syamfx2020

    NIKE shares spiked after online sales grew 82%

    Nike shares surged more than 13% after the sports giant reported better than expected quarterly results on Tuesday. Meanwhile, apparel maker revenue slipped 0.6% to $10.59 billion from $10.66 billion a year earlier but better than the $9.15 billion forecast by analysts. The company said its...
  13. syamfx2020

    Weekly Economic and Earnings Calendar 21/09/2020 – 25/09/2020

    Global stocks fell sharply on Monday, moving ahead the key events to watch: RBNZ and SNB meetings. Eurozone, US and UK PMI, US housing data. Earnings to watch: Nike, Accenture and Costco
  14. syamfx2020

    DAILY MARKET REPORT - Monday, Sep 21, 2020

    US markets are set to open lower today. Dow and the S&P 500 futures are down more than 1% at the time of writing, while Nasdaq has declined by 1.5%. EQUITIES UK shares plunged on Monday led by HSBC and Standard Chartered shares after an investigation released over the weekend based on leaked...
  15. syamfx2020

    Watch out for the Snowflake IPO today

    San Mateo, California based Cloud-based data warehouse firm Snowflake, is set to begin trading on the New York Stock Exchange under the symbol “SNOW” on Wednesday and the offering is expected to close on September 18, 2020, subject to customary closing conditions. The investors were patiently...
  16. syamfx2020

    DAILY MARKET REPORT - Tuesday, Sep 15, 2020

    Apple (NASDAQ: AAPL) stock closed 3% higher on Monday ahead of Apple product announcement event on Tuesday. The event titled "Time Flies" will be held virtually this year considering the Covid-19 pandemic. The investors will closely monitor the event to know the details of new products, as well...
  17. syamfx2020

    Chewy Q2 results beat Wall Street estimates

    The e-commerce pet-care retailer Chewy Inc. (NYSE: CHWY) reported better-than-expected second-quarter results on Thursday. The strong results are boosted by the pet adoptions have also been spiking during this Coronavirus pandemic period. The company revenue climbed 47% to $1.7 billion from...
  18. syamfx2020

    DAILY MARKET REPORT - Friday, Sep 04, 2020

    Wall Street faced their worst day since June on Thursday after U.S. stocks fell sharply, driven by a broad decline in technology firms. The Dow Jones Industrial Average down 3%. S&P 500 lost 3.5%. Nasdaq Composite slide 5% (the largest decline in the last 5 months). EQUITIES Global markets...
  19. syamfx2020

    Stocks making the biggest moves

    Alphabet (NASDAQ: GOOGL) pre-market -1% $GOOGL shares reached a new 52-week high and closed almost 4% higher on Wednesday after the company announced plans to develop a self-sufficient new town-like tech hub in the Mountain View area. Novavax (NASDAQ: NVAX) pre-market +6% The stock surged...
  20. syamfx2020

    Zoom stock soars 28% after strong Q2 earnings report

    Zoom Video Communications (NASDAQ: ZM) shares climbed more than 28% in during pre-market trading on Tuesday after the company reported strong Q2 financial results on Monday after market close. The video-conferencing company made a profit of $186 million on revenue of $663.5 million in the...