AMD on Tuesday announced mixed fourth-quarter results and guidance that fell short of Wall Street expectations, but beaten down shares were up 5.4% after the report.
The earnings calls of major public companies set ready to shatter the stock market. The next breaking revenue report was made by a prominent iPhone supplier, Apple, which has just reported its financial results for Q1 2019.
Chip stocks took a tumble Monday after Nvidia lowered its guidance for its Q4 2018. The company revised its quarterly revenue guidance from $2.70 to $2.20B due in part to “deteriorating macroeconomic conditions, particularly in China”.
The cloud-based technical offerings along with the bad luck of Microsoft’s rivals served the company the highest market capitalization in the world. Analysts advise moneybags, who are looking for a better place for their capital, invest into Microsoft’s “golden stocks”.
Facebook is set to report fourth-quarter 2018 results on Jan 30. Its user base growth will be closely monitored by all. Notably, monthly active users increased 199M on a year-over-year basis and 37M sequentially to 2.271B in the last reported quarter.
Jardine Matheson shares listed on the Singapore Exchange (SGX) took a sudden 83 percent dive worth $41 billion on Thursday morning before making an equally quick recovery.
The market valuation of probably the most renowned manufacturer of electric cars – Tesla, has sharply plunged after the RBK analysts rendered a ‘sell’ verdict.
Nobody can deny that Apple has had an incredible decade. Since the iPhone debuted in 2007, the company’s sales have jumped tenfold. The stock has soared over 700%, and up until last November, it was the world’s largest publicly traded company.
As Amazon stock price is showing a major revival, here’s a look into the challenges and opportunities for the e-commerce tech giant.
Dow Jones futures fell Monday morning, along with S&P 500 futures and Nasdaq futures, even with U.S. stock markets closed Monday in observance of the Martin Luther King holiday.
Yesterday three major U.S. indices were solidly in the green. The Dow Jones was up more than 200 points and Goldman Sachs put earnings estimates to shame reporting a net interest income increase of 10% YOY for the quarter, and 28% for the full year.
Amid the sharp fall in the market during Q4 2018, BlackRock earnings took a major hit falling much below industry estimates.
Netflix shares jumped 6.5 percent after the video streaming company said it was raising prices for its U.S. subscribers. Other internet stocks, including shares of Alphabet Inc , Amazon.com Inc and Apple Inc, also rose following the announcement.
The latest trade figures coming out of China are opposite to analysts predictions and has given a red signal on the global economic condition.
The list of world’s most valuable companies has been rearranged as the retail giant Amazon firmly overcame Microsoft in a race for industry dominance.