Tag Archives: Wall Street

CoinspeakerJPMorgan Chief Reacts to Fitch Ratings US Downgrade to AA+ In reaction to the Fitch Ratings downgrade, the JPMorgan CEO said that “it doesn’t really matter that much”. JPMorgan Chief Reacts to Fitch Ratings US Downgrade to AA+

CoinspeakerAMD Stock Gains after Q2 2023 Earnings and Plans to Boost AI Chip Production AMD is gearing up for its AI progress and is pushing to launch its top-notch MI300 AI chips in the last quarter of the year. AMD Stock Gains after Q2 2023 Earnings and Plans to Boost AI Chip Production

CoinspeakerUber Shares Plummet over 5% Following Q2 2023 Operating Earnings Report Uber reported record profits and milestones in the second quarter of 2023, with significant improvements in earnings per share, operating income, and EBITDA, as well as a substantial increase in trips and food delivery orders. Uber Shares Plummet over 5% Following Q2 2023 Operating Earnings Report

CoinspeakerSoFi Technologies Reports Impressive Q2 2023 Earnings, Surpassing Expectations The company reported record-breaking new member additions, surpassing the 584,000 mark. SoFi Technologies Reports Impressive Q2 2023 Earnings, Surpassing Expectations

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

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

CoinspeakerCarvana (CVNA) Shares Jump Over 23% after Announcing Debt Reduction Deal and Record Q2 Earnings Carvana announced that it had signed a deal with noteholders to reduce its total debt outstanding by over $1.2 billion, which strengthens its financial position. Carvana (CVNA) Shares Jump Over 23% after Announcing Debt Reduction Deal and Record Q2 Earnings

CoinspeakerJPMorgan Reports Q2 2023 Figures Scaling Analysts’ Estimates on Revenue and EPS The increase in Q2 2023 figures show that JPMorgan is not negatively affected by its recent acquisition of First Republic Bank. JPMorgan Reports Q2 2023 Figures Scaling Analysts’ Estimates on Revenue and EPS

CoinspeakerDelta Air Lines Announces Highest Quarterly Revenue and Profitability in Airline’s History Delta Air Lines shares are up today after the company reported an adjusted revenue of $14.61 billion vs. $14.49 billion expected by analysts. Delta Air Lines Announces Highest Quarterly Revenue and Profitability in Airline’s History