Tag Archives: Market News

Shell stock has dropped quite significantly for 2019, disappointing the company’s teeming investors. The company released the figures earlier today, explaining several reasons for the sad drop in its net profit. The Royal Dutch Shell company believes that several challenges revolving around macroeconomic instability and a drop in the value of oil and gas.Shell Stock Figures for 2019Shell says its profit calculated using the current cost of supplies (CCS), which is data calculated like general...

Facebook recently released its fourth-quarter earnings with interesting figures. The general report shows that on the plus side, the social media giant is doing better than expected. Facebook surpassed the majority of Wall Street estimates for the company. On the other hand, the report shows that the level of growth needs work and seems to be slowing down considerably.Facebook Fourth Quarter HighlightsFacebook’s figures show that the company now sees 2.5 active monthly users. This is a 2%...

American technology company Microsoft Corporation has managed to beat analyst projections. It has become obvious from the earnings that it reports for its second quarter for the year 2020. The company said revenue grew by 14% compared to the same quarter a year earlier, landing at $36.9 billion.Chief Executive Officer Satya Nadella stated:“We are innovating across every layer of our differentiated technology stack and leading in key secular areas that are critical to our customers’...

As per reports on January 28, 2020, CEO of Apex Clearing, Bill Capuzzi, stated that it is interesting to witness how the investing habits of millennials have shifted over the past year, claiming that millennials have proven to be unique and differed from their generational counterparts.Apex Clearing has disclosed the fourth-quarter Millenial 100 report that analyzed over 734,000 portfolios possessed by U.S.-based investors with an average age in the region of just 31 years. The result was...

Indexes went strongly up today as investors were waiting for the Federal Reserve’s interest rate decision (probably stays the same). Traders were also focused on the economic data published today. The Census Bureau reported wholesale inventories decrease of 0.1% in December, while the trade deficit increased $5.3 billion compared to November. Some companies have already released their quarterly earnings and some are still waited for.The Dow Jones Industrial Average went up at the open by...

Apple is already off to a great start this year. Yesterday, Apple released a report for the fiscal first quarter. According to the report, the new iPhone 11 brought in good fortunes for the company in revenue and beat expectations analysts provided.iPhone 11 in Apple First Quarter ReportApple says that revenue from iPhones alone account for $56 billion, with the iPhone 11 accounting significantly. The number is an additional $22.64 billion from iPhone sales in the fourth quarter which totaled...

Tesla has had a great year already and most forecasts on the electric vehicle company’s stock are bullish. Tesla will publish its quarterly earnings report later today and the anticipation is already high. As the market waits, CNBC’s Jim Cramer has said that Tesla has no choice but to impress the market with its report or its value will tumble.Tesla Earnings Report Must Be SatisfactoryAccording to Cramer who hosts CNBC’s Mad Money, Tesla’s current fortunes could very quickly change for the...

The effects of the coronavirus as it continues to spread might very well crash the global economy. The virus is already biting hard into financial markets and several businesses worldwide. However, things could very easily get a lot worse. According to former Morgan Stanley Asia chairman Stephen Roach, the coronavirus epidemic could very well lead to a global recession.Coronavirus Might Cause RecessionSpeaking to CNBC’s Trading Nation on Monday, Roach expressed fears that the outbreak could...

Santa Clara-based multinational semiconductor company, Advanced Micro Devices Inc (AMD) first-quarter estimate of revenue has raised a lot of eyebrows as it came in far below the estimates of analysts. Such a situation is a result of declining demand from gaming console makers despite its data center and PC chips business tracking a revival in the chip industry. It has become known from the reports of January 28, 2020.AMD saw its stock price decline as much as 4% after the company announced...

Spread and control of the coronavirus outbreak in China has impacted the sales of popular multinational conglomerates, LVMH, according to published revenue records.China’s Hold on Luxury RevenueAccording to records posted by LVMH, the recent disease outbreak surfacing very early in the year has already begun to affect overall sales of goods, significantly.The recent outbreak comes as a bigger test to last year’s skid with Hong Kong, which fortunately couldn’t stop the company from making...