Tag Archives: Market News

CoinspeakerShell Reports 55% Plunge in Q2 2023 Profit as Commodity Prices Decline Shell is struggling with a continuous fall in profits as Q2 2023 figures show significant reductions compared with last quarter and Q2 2022. Shell Reports 55% Plunge in Q2 2023 Profit as Commodity Prices Decline

CoinspeakerAnt Group Prepares for Hong Kong IPO with Strategic Restructuring Ant Group’s IPO was halted in 2020 after the Chinese government intervened, citing rising concerns about the company's growth and potential systemic threats to the financial industry. Ant Group Prepares for Hong Kong IPO with Strategic Restructuring

CoinspeakerDeutsche Bank Exceeds Expectations, Sees 763 Million Euros in Net Profit in Q2 2023 The latest report marks Deutsche Bank's 12th straight quarterly profit since it implemented a restructuring plan back in 2019. Deutsche Bank Exceeds Expectations, Sees 763 Million Euros in Net Profit in Q2 2023

CoinspeakerAlphabet Records Cloud Unit Growth amid Google AI Plans Sundar Pichai revealed that the company was planning to use new AI models to automate some customer services.  Alphabet Records Cloud Unit Growth amid Google AI Plans

CoinspeakerStellantis Sets New Pace with Top Performance in H1 2023 Stellantis reaffirmed its 2023 guidance and raised its growth outlook for Europe, the Middle East, and Africa from 5% to an impressive 7%. Stellantis Sets New Pace with Top Performance in H1 2023

CoinspeakerSpotify Grows Revenue to €3.2B in Q2 2023, with 551M Active Users  Spotify's Q2 2023 figures shows a strong quarter as its revenue and monthly active users both beat the company's guidance. Spotify Grows Revenue to €3.2B in Q2 2023, with 551M Active Users 

CoinspeakerAdidas (ADS) Stock Jumps 6% after Strong Yeezy Sales and Trimming Losses Adidas is able to alleviate the impact of operational losses as the clearance of the massive Yeezy inventory takes turn for the good. Adidas (ADS) Stock Jumps 6% after Strong Yeezy Sales and Trimming Losses

CoinspeakerJohnson & Johnson Reports Better than Expected Q2 2023 Earnings, JNJ Shares Up Slightly The pharmaceutical segment reported the highest sales with about $13.71 billion, followed by MedTech with a total sales of about $7.78 billion, and the remaining accrued from the consumer health segment. Johnson & Johnson Reports Better than Expected Q2 2023 Earnings, JNJ Shares Up Slightly

CoinspeakerAmerican Airlines Raises Earnings Outlook for 2023 as Travel Demand Soars The report noted that American Airlines’ second-quarter performance exceeded Wall Street expectations. American Airlines Raises Earnings Outlook for 2023 as Travel Demand Soars

CoinspeakerEl Salvador Sees Bonds Jump in Tandem with Massive Rally in Bitcoin As an emerging economy, El Salvador believes the best way to hedge against the core fluctuations brought on by the US dollar devaluation can be effectively mitigated with Bitcoin. El Salvador Sees Bonds Jump in Tandem with Massive Rally in Bitcoin