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Microsoft posts better-than-expected results

US technology giant Microsoft Corporation (NASDAQ: MSFT) released the latest financial results for the quarter ended March 31, 2023, after the market closed in the US on Tuesday. Company overview Founded: April 4, 1975 Headquarters: Washington, United States Number of employees: 221,000 (2022) Industry: Information technology Ke...

April 26, 2023
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The Coca-Cola Company announces Q1 results

The Coca-Cola Company (NYSE: KO) announced the latest financial results for the first three months of 2023 before the market open in the US on Monday. The US Beverage company posted solid results for the quarter, beating both revenue and earnings per share (EPS) estimates. Company overview Founded: January 29, 1892 Headquarters: Atlan...

April 25, 2023
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Procter & Gamble Company exceeds expectations – the stock rises

Procter & Gamble Company (NYSE: PG) announced third quarter fiscal 2023 before the opening bell in the US on Friday. World’s largest consumer goods company beat both revenue and earnings per share estimates for the quarter, sending the stock higher. Company overview Founded: October 31, 1837 Headquarters: Cincinnati, Ohio,...

April 22, 2023
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American Express posts mixed results, sets a new quarterly record

American Express Company (NYSE: AXP) announced first quarter financial results before the market open on Thursday, setting a new quarterly revenue record. Company overview Founded: March 18, 1850 Headquarters: New York, United States Number of employees: 77,300 (December 2022) Industry: Banking, financial services Key people: St...

April 21, 2023
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Tesla results have arrived

World’s largest automaker, Tesla Inc. (NASDAQ: TSLA), reported Q1 financial results after market close in the US on Wednesday. Elon Musk’s company posted mixed results for the quarter. Let’s take a closer look at how it performed. Company overview Founded: July 1, 2003 Headquarters: Austin, Texas, United States Number of branche...

April 20, 2023
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Bank of America beats Wall Street expectations, CEO expects a ”mild recession”

Bank of America Corporation (NYSE: BAC) reported the latest financial results for Q1 on Wednesday, beating analyst expectations for both revenue and earnings per share (EPS). Company overview Founded: 1998 (via the merger of BankAmerica & NationsBank) Headquarters: Charlotte, North Carolina, United States Number of branches: 3,900...

April 19, 2023
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Charles Schwab posts mixed Q1 results

Charles Schwab Corporation (NYSE: SCHW) announced the latest financial results for the first three months of 2023 ended March 31, before the opening bell on Wall Street on Monday. Company overview Founded: 1971 Headquarters: Westlake, Texas, United States Number of branches: 400 Number of employees: 35,300 (as of December 2022) ...

April 18, 2023
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JP Morgan Chase & Co. tops Q1 estimates – the stock is rising

JP Morgan Chase & Co. (NYSE: JPM) announced Q1 financial results before the market open in the US on Friday. The largest bank in the US beat both revenue and earnings per share (EPS) estimates for the first quarter of 2023, sending the stock price higher. The company reported revenue of $38.349 billion vs. forecast of $36.125 billion. ...

April 15, 2023
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Indices Trading – What are Indices and how to use CFDs to trade them

Index trading is one of the most popular class of markets to trade for CFD traders, rivalling major FX pairs in trading volume, but what is indices trading and how does trading them with CFDs work? Most people will be familiar with the names of the major stock indices from financial reports in all forms of media, the most popular stock indices o...

April 13, 2023
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Lululemon tops estimates – the stock is rising

Lululemon athletica inc. (NASDAQ: LULU) announced Q4 and full-year earnings results on Wednesday. World’s second largest sporting goods company reported revenue of $2.772 billion for the quarter (up by 30% year-over-year or 33% on a constant currency basis) vs. $2.701 billion estimate. Earnings per share (EPS) also topped analyst expectatio...

March 30, 2023
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Walgreens Boots Alliance beats Wall Street estimates

Walgreens Boots Alliance Inc. (NASDAQ: WBA) announced the latest financial results before the market open in the US on Tuesday. The company beat both revenue and earnings per share (EPS) estimates. Walgreens reported revenue of $34.862 billion for the quarter ending February 28, 2023 (up by 3.3% year-over-year) vs. $33.528 billion expected. ...

March 29, 2023
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BioNTech tops Q4 expectations

BioNTech SE (NASDAQ: BNTX) reported Q4 2022 financial results on Monday. The German pharmaceutical company reported revenue of $4.563 billion for the quarter, topping analyst estimate of $3.897 billion. Earnings per share (EPS) also beat analyst estimates at $9.876 per share vs. $8.296 EPS expected. CEO commentary ''We made significant ...

March 28, 2023
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Nike results announced

World’s largest sporting goods company, Nike Inc. (NYSE:NKE) reported fiscal 2023 financial results for its third quarter after the closing bell in the US on Tuesday. Nike beat both revenue and earnings per share (EPS) estimates for the quarter ending February 28, 2023. Revenue reported at $12.4 billion (up by 14% year-over-year) vs. $11.48...

March 22, 2023
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Walmart Q4 and full-year results announced

Walmart Inc. (NYSE:WMT) announced Q4 and full-year financial results before the market open on Wall Street on Tuesday. World’s largest supermarket chain posted solid results for the quarter – beating both revenue and earnings per share (EPS) estimates. The company reported revenue of $164.048 billion (up by 7.3% year-over-year) vs. $159.7...

February 22, 2023
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Deere & Company tops estimates

American manufacturer of farm machinery and industrial equipment Deere & Company (NYSE:DE) announced the latest financial results for the quarter ending January 29, 2023, before the market open in the US on Friday. Revenue was reported at $12.652 billion for the quarter (up by 32% year-over-year) vs. $11.337 billion expected. Earnings per...

February 18, 2023
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