wall street

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...

US stock futures trading lower as investors pause ahead of the minutes from the last FOMC meeting. While there are some other key economic events and earnings to watch this week

U.S. President Joe Biden announced $2.3 trillion worth of spending to be spread out over an 8-year period including $621 billion for transportation and $580 billion for manufacturing. Biden’s bill includes $111 billion to provide broadband access nationwide and provide better wages and benefits...

The American education platform Coursera (NYSE: COUR) stock rose more than 30% on its first day of trading on the NYSE. The IPO expected range was $30 to 33. $COUR opened for trading at $39 (18% ⬆️ ) and closed at 45$ (36%⬆️). Coursera works with more than 200 universities and other...

“Years of preparation and focus have positioned us as the Internet’s preeminent neighbourhood pet store and a leading pure-play e-commerce company in the pet space.” Chewy CEO, Sumit Singh said. The e-commerce pet-product retailer Chewy Inc. (NYSE: CHWY) reported better-than-expected financial...

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...

Delivery and logistics giant FedEx (NYSE: FDX) shares surged more than 6% on Friday in pre-market trading after the company reported better-than-expected third-quarter financial results. The company said strong financial results boosted by volume growth for U.S. home deliveries. Earnings per...

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...

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...

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...

The markets in the U.S. will be closed on Monday in observance of the President's Day holiday. Foreign financial markets are open Monday and currency markets are expected to remain open for trading. EQUITIES Global stocks started the new week on a positive note supported by a strong Q4...

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...

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...

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...

Novavax (NASDAQ: NVAX) stock climbed more than 35% in pre-market trading on Friday after the company said its vaccine appears 89% effective in preventing COVID19 including against the new UK variant. Johnson & Johnson (NYSE: JNJ) stock down quickly 4% in pre-market trading after the...

US futures and GOLD slip ahead of Federal Reserve monetary policy decision and press conference. On the earnings front, Tesla joins with the big tech giants Apple and Facebook.

Wall Street closed lower on Monday as investors remained cautious about the ever-increasing coronavirus cases. Moving ahead, this week the main attention will be on the Q4 earnings season. Tesla, Apple, Facebook, Microsoft, and Boeing are among the big giants to report this week. Apple and Tesla...

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 crisis of deep human suffering is in plain sight, and there's no time to waste," The US president-elect Joe Biden said. US President-elect Joe Biden unveiled his $1.9 trillion stimulus plan Thursday night. He also budgets $50 billion for Covid testing and $20 billion to speed coronavirus...