wall street

  1. syamfx2020

    Netflix stock soars 14% after Q4 results

    "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...
  2. syamfx2020

    DAILY MARKET REPORT - Friday, Jan 15, 2021

    "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...
  3. 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...
  4. syamfx2020

    5 IPOs to watch out for this week

    In 2020, the financial market has seen the highest IPO capital raising activity in a decade, with USD 331 billion raised across 1,591 listings – a 42% increase compared to 2019. Some of the notable IPOs in 2020: Airbnb Inc (NASDAQ: ABNB) DoorDash Inc (NYSE: DASH) Snowflake Inc (NYSE: SNOW)...
  5. syamfx2020

    Micron earnings beat estimates; Stock hits new 52 week high

    "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...
  6. syamfx2020

    Wall Street set to open lower ahead of runoff elections in Georgia

    Wall Street set to open lower on Tuesday as the uncertainty over US Senate elections continues. On Monday, US stocks ended lower, the S&P 500 and the Dow posted their largest daily percentage falls since late October. Meanwhile, since the US election the Wall Street climbed to record highs...
  7. syamfx2020

    Weekly Economic and Earnings Calendar 04/01/2021 – 08/01/2021

    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.
  8. syamfx2020

    Apple stock enjoys Santa Claus Rally

    Apple (NASDAQ: AAPL) stock climbed to near the all-time highs on Tuesday. On Tuesday, the stock closed 5% higher supported by the company reportedly wants to increase iPhone production by roughly 30% year over year. The Apple stock rallied more than 70% in 2020. As per the recent report...
  9. syamfx2020

    Wall Street top 5 winners and losers of 2020

    Wall Street and market participants witnessed a volatile 2020. Almost every stock rebounded from the March low and US indices climbed to record highs. During the first quarter of 2020, the stocks plunged due to the coronavirus pandemic. Here are the 5 best performing US stocks so far in 2020...
  10. syamfx2020

    DoorDash IPO delivery arrives on Wall street

    DoorDash, the US largest food delivery company shares began trading on Wednesday on the New York Stock Exchange (NYSE) under the ticker DASH. The opening price was $ 182, about 80% higher than the public price of $ 102, and ended the session at $ 189.51. The company with a market value of $ 15...
  11. syamfx2020

    Weekly Economic and Earnings Calendar 07/12/2020 – 11/12/2020

    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
  12. syamfx2020

    Boeing shares back to above June highs: Can we expect further upside?

    The aerospace giant Boeing (NYSE: BA) shares gained around 8% during the previous week. The stock surged another 2% on Monday and continues 6th-week upside move. During the first quarter of 2020, the Boeing shares sank due to the coronavirus pandemic. At the beginning of November, the $BA stock...
  13. syamfx2020

    Pfizer the next game changer

    As per the recent report, Pfizer (NYSE: PFE) will likely be the first vaccine to reach the market. This one is the most heavily anticipated candidate by far is BNT162b2, the COVID-19 vaccine developed in partnership with German biotech BioNTech. On Wednesday, the regulators in the United...
  14. syamfx2020

    Zoom shares fell despite strong Q3 earnings

    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...
  15. syamfx2020

    Weekly Economic and Earnings Calendar 30/11/2020 – 04/12/2020

    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
  16. syamfx2020

    DAILY MARKET REPORT - Tuesday, Dec 01, 2020

    Global stocks and Wall Street ended higher in November. The S&P 500 climbed 10.8% for the month, its biggest monthly gain since April. While the Dow has added almost 13% so far, which would be the best month since January 1987. The energy stocks in the S&P 500 ended November with an above 25%...
  17. syamfx2020

    Gap stock slips 20% after earnings miss estimates

    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...
  18. syamfx2020

    DAILY MARKET REPORT - Thursday, Nov 26, 2020

    Hello Everyone, Happy Thanksgiving Day! We expect Trading will be thinned out next two days and liquidity is expected to remain low as US financial markets are closed on Thursday and a half-day on Friday. EQUITIES Wall Street ended mixed on Wednesday. The Dow and S&P 500 retreated from the...
  19. syamfx2020

    Stock to watch Dell, HP and Best Buy

    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...
  20. syamfx2020

    Coronavirus vaccine: AstraZeneca join the lead

    British Pharmaceutical giant AstraZeneca (NASDAQ: AZN) reported the late-stage trials showed its COVID-19 vaccine was highly effective. AstraZeneca became the third pharmaceutical firm to report its effective coronavirus vaccine, only a few days after US biotech firms Moderna and Pfizer said...