October 29, 2021
“…The company earned $1.58 per share during the period on an adjusted basis, which was ahead of the $1.56 analysts surveyed by Refinitiv were expecting. Revenue totaled $73.79 billion, short of the $76.34 billion the Street was expecting. “All three… Continue Reading…
October 27, 2021
“…Coke shares rose around 3% in premarket trading on the news. Here’s how the company did compared with what Wall Street analysts surveyed by Refinitiv were expecting: Earnings per share: 65 cents adjusted vs. 58 cents expected Revenue: $10.04 billion vs. $9.75… Continue Reading…
October 27, 2021
“…The third quarter was expected to be a rougher one than the first half of the year for GM. Analysts, however, said they projected relatively solid results, despite a global shortage of semiconductor chips that has depleted vehicle inventories and shuttered plants.… Continue Reading…
October 26, 2021
“FactSet analysts expect Exxon to swing to a profit of $1.56 per share in Q3 vs. an 18 cents per share loss in the year-ago quarter. Revenue is seen climbing 54% to $71.13 billion. Exxon has remained committed to its… Continue Reading…
October 26, 2021
“…The Dow Jones Industrial Average gained 120 points to touch another all-time high. The S&P 500 rose 0.4%, hitting an intraday record as well. The Nasdaq Composite traded 1% higher, sitting 0.2% below its record high. United Parcel Service saw… Continue Reading…
October 25, 2021
“Snapchat’s parent company crossed $1 billion in quarterly revenue for the first time ever, but worse-than-expected earnings and a forecast of more headwinds to come led its stock to crash on Thursday.Shares of Snap (SNAP), which owns the popular photo and video… Continue Reading…
October 22, 2021
“Shares of Phunware Inc. surged more than 1,000% early Friday, as a special-purpose acquisition company, or SPAC, called Digital World Acquisition Corp. , was revealed to be merging with an entity called Trump Media Technology Group. Austin-based Phunware is an… Continue Reading…
October 21, 2021
“…Shares of the Florida-based dealership group jumped by as much as 12% Thursday morning before retreating to about $124 a share, up by about 6%. AutoNation’s stock is up by nearly 70% so far this year. The company reported adjusted… Continue Reading…
October 14, 2021
“Citigroup profit surges 48%, driven by strong trading revenue” https://www.cnbc.com/2021/10/14/citigroup-c-earnings-q3-2021.html “Wells Fargo profit jumps nearly 60% in the quarter, revenue tops expectations” https://www.cnbc.com/2021/10/14/wells-fargo-wfc-earnings-q3-2021.html “Bank of America tops estimates on reserve release, strong advisory and asset management results” https://www.cnbc.com/2021/10/14/bank-of-america-bac-earnings-q3-2021-.html To be… Continue Reading…
October 4, 2021
“The Dow Jones Industrial Average fell about 430 points, despite a large gain in Merck. The S&P 500 shed 1.2%. The technology-focused Nasdaq Composite was the relative underperformer, dipping roughly 2%. Large tech shares like Apple, Nvidia, Amazon and Microsoft were lower as investors eyed bond… Continue Reading…
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