On Wednesday, 26 January, Tesla (NASDAQ:TSLA) will report its Q4 earnings for fiscal year 2021, so the fact that Tesla stock is falling today does not foreshadow particularly well. Tesla stock is trading down 2.5%, about five times worse than the decline on the broader Nasdaq index.Why Tesla stock is …
Read More »Can Banks’ Earnings Challenge Interest Rates, Omicron’s Impact?
3 Bank Stocks Win Q4 Earnings Season This bank earnings season has winners and losers, but the winners could not be more different. Of the six big banks that posted Q4 results this month, only three saw their stocks rise on their respective earnings day, this applies on Morgan Stanley …
Read More »How Will Stocks Trend After Q4 Earnings?
This week, Wall Street is facing sharp volatility as investors and market participants keep their fingers crossed while awaiting a hawkish FOMC meeting on 25-26 January. However, the fourth-quarter 2021 earnings season is gathering pace with better-than-expected results so far.Earnings results are expected to stay strong this time around. Six …
Read More »US leading indicators climb 0.8% despite omicron’s Impact
The US economy has kept growing in the face of the rapid spread of omicron. The US leading index rose a solid 0.8% in December, signaling steady growth even as the record spread of the omicron virus nibbled at the edges of the economy. Economists polled by The Wall Street …
Read More »Disappointing Earnings Against Expectations For Netflix
Netflix missed Wall Street expectations for new subscribers at the end of last year and delivered a weaker-than-expected forecast in early 2022, as competition intensified in the battle for viewers of its online streaming services. The world’s largest streaming service added 8.3 million subscribers from October to December, when it …
Read More »Japan Shares Fall Due to The Decline in The Technology Sector
Japanese shares fell on Friday, dragged down by losses in the technology sector, after the Nasdaq index fell 1 percent in the evening, on fears related to inflation and higher interest rates, which undermined the appetite for risk. The Nikkei index closed down 0.9 percent to 27,522.26 points, after dropping …
Read More »Market Drivers – US Session – 21-01-2022
The US dollar traded with a soft tone on Thursday, ending the day mixed across the board. The EUR was among the weakest, while the AUD and the CAD were the strongest. Economic DataDisappointing US employment-related figures were behind the broad dollar’s weakness at the beginning of the American session, …
Read More »US Shares In Like A Lion, Out Like A Lamb
Dow Jones futures fell slightly overnight, while S&P 500 futures and Nasdaq futures lost some ground. For the second straight in a row, the major indexes tried to rebound but were pulled lower with sharp losses, extending the stock market correction.The Dow Jones Industrial Average fell 0.9% in Thursday’s stock …
Read More »US Shares Briefly Up As focus Turns To Netflix Earnings
US equities are trading broadly higher on Thursday, as stocks in the region track gains seen in Europe and, before that, Asia markets are the PBoC on Thursday took further steps to ease monetary policy. The Chinese central bank cut its one-year loan prime rate to 3.7% from 3.8% and …
Read More »The Nikkei index is Recovering After Falling to a Five-Month Low
Japan’s Nikkei rose on Thursday after falling to a five-month low, boosted by gains in Sony and other video game makers, and after China ramped up monetary easing measures to boost a sluggish economy by cutting a set of key interest rates. The Nikkei increased at a close 1.11% to …
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