ECB Raised Key Interest Rate by 75 bp as Expected
U.S. stocks traded mostly lower this morning, with the Dow Jones dropping 100 points on Thursday.
September 8, 2022
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Stocks
Friday's trading on U.S. markets ended with a significant increase in major indices (S&P 500 +1.53%, Nasdaq Composite +2.11%)
September 12, 2022
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ECB is Expected to Double Down on Anti-Inflation Crusade as Gas Prices Keep Soaring
Yesterday, U.S. equities lost early gains and ended lower as a stronger-than-expected PMI report on the services refueled speculation of more Fed rate hikes ahead.
September 7, 2022
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Coinbase’s Eye Watering Earnings Showed How Unhedged and Vulnerable U.S. Prime Crypto Exchange Was
Shares of Coinbase (COIN) fell on Tuesday, August 9, after the largest U.S. cryptocurrency exchange reported a loss of more than $1 billion in Q2 and fell short of earnings estimates by analysts by a wide margin.
August 10, 2022
1498
Ford Motor: Rising from Covid Ashes
Ford reported Q2 results that beat Wall Street’s estimates.
August 5, 2022
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Apple: Q3 EPS at $1.20, Beats Estimates, Guidance Impacted by Supply Constraints and Currency Issues
Apple (AAPL) announced on Thursday, July 28, its long-awaited financial results, according to which fiscal Q3 revenues missed slightly, but EPS beat estimates.
July 29, 2022
1957
AT&T Earnings Report Questioned Living Up of Economic Cycle Resistant Stocks to Their Definition
On Thursday last week, AT&T (T) published its pivotal 2H 2022 earnings report. Q2 Non-GAAP EPS of $0.65 beat consensus forecast by $0.03, while revenue of $29.6 billion (-17.2% YoY, yikes!) still exceeded expectations by $130 million
July 25, 2022
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Citigroup Released Q2 2022 Financial Report and Key Metrics on Friday
The Bank manages assets (AUM) with a total value of more than $2 trillion
July 18, 2022
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JP Morgan Chase Disappointed by Muted Numbers, Share Buyback Suspension and Bleak Guidance
Shares of JP Morgan Chase (JPM) were down 3.5% on the reporting day, July 14, after a muted quarterly report. JPM's Q2 earnings per share of $2.76 fell short of the consensus estimate of $2.91; versus $2.63 in the first quarter of 2022 and $3.78 in the last year quarter.
July 15, 2022
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PepsiCo Kicks the Earnings Ball by Reporting Moderately Upbeat Numbers, Wary of Inflation
PepsiCo (PEP) shares pushed higher after the beverage giant posted a strong earnings result for the second quarter and raised its full-year sales forecast.
July 13, 2022
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