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Up first – Tesla Q1 earnings numbers are in
It’s set to be busy one over in the United States this week with some of the world’s largest companies, including Apple, Microsoft, Facebook and Alphabet due to report their Q1 earnings. Up first – Tesla. World’s largest electric vehicle maker reported their results after the closing bell on Monday. Elon Musk’s Tesla reported total rev...
April 27, 2021Read More >Intel reports Q1 earnings
Intel, the US technology giant reported its Q1 earnings after the closing bell on Thursday. The company reported revenue of $18.57 billion, above analyst forecast of $17.90 billion. Earnings per share were at $1.39, also beating analyst expectations of $1.15 per share. Intel’s data-centre group revenue fell by over 20% year-over-year to $5....
April 23, 2021Read More >Netflix Q1 numbers are in
Netflix reported their Q1 earnings after the closing bell on Tuesday. The online streaming service reported total revenue of $7.16 billion in Q1 beating analyst forecast of $5.77 billion. Earnings per share were reported at $3.75 vs. $2.98 estimate. With both revenue and earnings per share higher than analysts' expectations, the new paid subs...
April 21, 2021Read More >NIO and Sinopec partnership announced
Last week marked a significant milestone for NIO when it produced its 100,000th electric vehicle. The latest development also caught the eye of Tesla CEO Elon Musk, to which he responded: ''Congrats to NIO. That is a tough milestone.'' On Thursday, NIO officially confirmed its partnership with Sinopec – taking a major step forward in the compa...
April 16, 2021Read More >JPMorgan and Goldman Sachs Q1 numbers are in
JPMorgan and Goldman Sachs reported their Q1 earnings before the opening bell on Wednesday – both beating analysts' forecasts. JP Morgan & Co JPMorgan reported a total revenue of $32.3 billion (up by 14.3% year-on-year) in Q1, above analysts' forecast of $30.52 billion. Earnings per share were reported at $4.50 vs. $3.05 estimate. Ja...
April 15, 2021Read More >Stop the jab – Johnson & Johnson vaccine rollout paused
805,734,252 – that’s how many doses of the COVID-19 vaccine have been given globally so far as of the 12th April (from 185 locations), according to Our World in Data. Israel, Bahrain and Chile are leading the way with 54.7%, 24.7% and 24.6% of the population fully vaccinated. With more and more people getting the jab across the world, ...
April 14, 2021Read More >Facebook hits an all-time high
Facebook has had a fair share of negative news headlines in recent times with lawsuits filed against the company and calls to improve the monitoring of information that is posted on the social media platform. Despite that, the share price of Facebook hit an all-time high this week after trading at above $314 per share for the first time durin...
April 8, 2021Read More >Tesla delivers in Q1
The electric vehicle industry has had a tough few weeks with the global chip and battery shortages affecting electric vehicle manufacturers around the world. Despite that, Tesla delivered 184,800 vehicles in Q1 of 2021, exceeding the number of vehicles produced (180,338). The deliveries consisted of 182,780 Model 3 and Model Y. The rest (2,02...
April 6, 2021Read More >Dow Jones rally Q1 2021
2021 has been a profitable year for stocks in the Dow Jones Index. Since the turn of the year, the Dow has seen what appears to be a roaring rally with no end in sight, fuelled by a return of investor confidence and a stimulus package aiming to revitalise a stagnant U.S economy. In the first quarter of 2021, we've seen an increase of over 30...
March 17, 2021Read More >Wall Street vs. Main Street
It has been an eventful week over in the United States this week. Some of the major companies, including Microsoft, Apple, Facebook, and Tesla announced their latest earnings. The Federal Reserve kept their interest rates unchanged at 0.25%. We also saw the US GDP expand by 4% in Q4 of 2020. However, these were not the most talked-about events t...
January 29, 2021Read More >COTD: FTSE100
FTSE100 – Point & Figure The FTSE 100 looked to ride the tailwinds of positive sentiment sweeping through US markets today but instead failed to maintain a reasonable start, ending the session down and 7 points in the red. However, the longer-term picture looks brighter for the Index as we study the latest point & figure chart shown ...
January 20, 2021Read More >Electric Car Stocks on the Move
2020 was a good year for electric car space. We have seen shares of most electric car makers surge considerably and take steps to take the industry to the next level, most notably Tesla and NIO. Top 5 automakers by market cap* Tesla at $790.53 billion Toyota at $209.83 billion NIO at $97.21 billion BYD at $94.21 billion Volkswagen at...
January 13, 2021Read More >COTD: PFE – A Booster Shot For Pfizer Shares?
Pfizer (PFE)- Daily PFIZER - Before Christmas, the pharmaceutical giant Pfizer drew much speculation in the market once it became the first company to develop an approved Covid-19 vaccination. We see this reflected in the bullish activity leading up to December. Now that additional vaccines are available elsewhere, it seems to have had a detrime...
January 5, 2021Read More >Landing soon – Airbnb IPO
Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s largest accommodation provider, owns no real estate. Uber, Facebook, and Alibaba have all gone public, but Airbnb has not. But that is a...
December 10, 2020Read More >Australian economy bounces back from recession
The Australian economy experienced its first recession in almost three decades having contracted for two consecutive quarters. Back in June, the economy slumped by 7% and encountered the worst fall on record. As other global economies, Australia was heavily impacted by an unprecedented raging pandemic. The fall in the June quarter was driven by p...
December 2, 2020Read More >Please share your location to continue.
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