Tag Archives: earnings

Shares of Nike jumped 2.2% after the company reported a beat on the top and bottom lines in the third quarter. The retailer reported earnings of 87 cents per share on revenues of $10.87 billion, topping estimates of 71 cents per share on revenues of $10.59 billion. Nike delayed giving …

Geopolitical tensions between Russia and the West, including the Ukrainian crisis, have greatly escalated during last week. Although the current crisis will likely mark the inauguration of a new security formula for Europe and the United States, economists at Citibank still have confidence in the financial markets. Economists believe that …

With major events ahead of the markets, the focus would shift to global markets and earnings for cues. On the macro front, traders are digesting Monday’s IIP data, both CPI Inflation and WPI inflation are also being analyzed along with the latest earnings reports. After the reaction to US’s hot …

PepsiCo, the soft drinks and snacks giant, reported fourth-quarter adjusted earnings of $1.53 a share on revenue of $25.3 billion, both higher than analysts’ estimates, and the company’s forecast for 2022 organic revenue growth also topped forecasts. The stock, however, was down 2.5% to $167.66 on Thursday.Rival Coca-Cola’s earnings also …

Lyft reported fourth-quarter results that beat estimates for adjusted earnings per share and revenue, but said it had fewer active passengers than the previous quarter. Shares fell more than 6% in after-hours trading after executives said the Omicron virus variant will affect first-quarter numbers. Earnings per share were adjusted 9 …

US stock futures rose slightly in overnight trading on Tuesday as investors prepare for another round of corporate earnings. Dow futures rose about 70 points. S&P 500 futures gained 0.25% and Nasdaq 100 futures rose 0.27%.Chipotle rose more than 7% in after-hours trading on the back of its strong earnings, …

Wall Street stocks were mixed early on Tuesday as market participants digested December’s trade balance figures and continued to look ahead to key inflation data scheduled for release later in the week.As of 1510 GMT, the Dow Jones Industrial Average was up 0.13% at 35,135.36, while the S&P 500 was …

US data and earnings will be in focus this week after big tech earnings spurred large market swings last week. If US economic data triggers an additional repricing of hawkish Fed bets, that risks further downside, particularly for growth and tech shares.US equity markets were able to erase pre-market losses …

Fierce swinging in stocks and a sharp upping of government bond yields are putting the spotlight on next week’s US inflation data, as investors look forward to more volatility across asset markets.A turbulent week in markets ended with a surge in Treasury yields to their highest level in more than …

Investors took the strong jobs showing as a reason for the Federal Reserve to move quickly as it starts to raise interest rates this year. Stocks on Wall Street rose on Friday, as an unexpectedly strong jobs report scrambled investors’ expectations for coming interest rate increases and as the latest …