The options market braced for larger-than-usual moves in shares of three trillion-dollar companies, the day after quarterly earnings results were reported. This is because of the implied volatility, or how far a stock can be expected to move over a given period, of Apple Inc stock. AAPL, +3.04%And Alphabet Inc. GOOGLE, +6.01% and Amazon.com Inc. …
A statue is pictured next to the German Deutsche Bank logo in Frankfurt, Germany, September 30, 2016. Kai Pfaffenbach | Reuters Deutsche Bank On Thursday, it reported its 10th consecutive quarter of earnings, getting a boost from higher interest rates and favorable market conditions. Deutsche Bank reported a net profit of 1.8 billion euros ($1.98 …
Shell said last month that unexpected taxes imposed by the European Union and the United Kingdom in the wake of the profit increase would cost the group about $2 billion. Paul Ellis | Afp | Getty Images British oil giant shell On Thursday, it posted its highest annual profit on record, buoyed by skyrocketing fossil …
For years, Wall Street has fretted about Silicon Valley’s refusal to pay dividends and buy back shares as tech companies grow into cash-generating machines. That’s no longer a problem, even though those tech companies are making less money than they were in previous years. In fact, some tech companies are basically pushing on Wall Street …
Opinion: Zuckerberg and Intel ship layoff proceeds directly to Wall Street Read More »
Brody Longo trains on his Peloton sport bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images peloton Wed told her Net loss narrowed On a year-over-year basis, and for the third consecutive quarter, subscription revenue was higher than sales of the company’s connected fitness products. CEO Barry McCarthy described the …
Peloton (PTON) Earnings for the Second Quarter of 2023 Read More »
UBSFourth-quarter earnings beat market expectations, but the Swiss banking giant reported a drop in revenue on weak customer activity and warned of an “uncertain” year ahead. The bank reported net income of $1.7 billion for the fourth quarter of last year, bringing its full-year profit to $7.6 billion in 2022. Analysts had expected UBS to …
UBS earnings for the fourth quarter and fiscal year 2022 Read More »
Attendees watch the Ford Mustang Mach-E GT during opening day of the 2022 New York International Auto Show (NYIAS) in New York, Friday, April 15, 2022. Moon Paradise | bloomberg | Getty Images Detroit – Let’s talk about pricing power. at least, general motors And Ford Motor They likely will this week as they report …
Ford and General Motors to focus on demand during earnings Read More »
The world’s top five major oil companies are expected to record record profits for 2022 in the coming days, with about $200 billion in combined annual profits thanks to the jump in oil and gas prices last year. This year, earnings at ExxonMobil, Chevron, BP, Shell and TotalEnergies are set to be about a quarter …
Major oil companies are preparing to announce record profits of $200 billion for 2022 Read More »
The January market rally faces a major test in the coming week from multiple key events, the most important of which might be the Fed’s rate announcement and press conference. The Fed’s meeting on Tuesday and Wednesday comes amid a flood of corporate earnings reports, with 20% of the S&P 500 reported that week. The …
Apple earnings, Fed meeting drive stocks next week Read More »
US President Joe Biden previously singled out ExxonMobil for making “more money than God” last year. Brandon Bell | Getty Images Some of the world’s largest oil and gas companies are preparing to report record annual profits, posting extraordinary revenue after a year of volatile fossil fuel prices amid Russia’s attack on Ukraine. Major oil …
Shares of Tesla Inc. rose. On Thursday as investors hailed the earnings beat and upbeat comments from CEO Elon Musk, some Wall Street analysts said the bears should disappear for now. Tesla shares Tesla, +8.81% It jumped about 7% in pre-market trading, suggesting the stock could open at around $154 from a close of $144. …
Hong Kong, China, September 13, 2022, a red Tesla car drives past a Tesla dealership in Wanchai. (Photo by Mark Fernandez/NurPhoto via Getty Images) Norphoto | Norphoto | Getty Images Electric car maker Tesla plans to report fourth-quarter results after the market closes on Wednesday. According to Refinitiv, here’s what analysts were expecting as of …
Tesla (TSLA) earnings for the fourth quarter of 2022 Read More »
