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Adobe announces latest results and Figma acquisition
Adobe Inc. (ADBE) announced its financial results for the third quarter of the fiscal year 2022 before the opening bell in the US on Thursday. The American software company reported revenue of $4.433 billion, falling slightly short of Wall Street forecast of $4.438 billion. Earnings per share reported at $3.40 per share for the quarter, above...
September 16, 2022Read More >US Dollar Index Update, EURUSD Technical Analysis
An update on an article posted on the 1st of September regarding the US Dollar Index: https://www.gomarkets.com/au/featured/us-dollar-analysis-technical-perspective/ Last week the US Dollar Index struggled to break and close above a major resistance area between $108.7 to $109.8, with a weekly candlestick breaking above but closing below the...
September 13, 2022Read More >Kroger tops estimates for Q2 – the stock is up
The Kroger Company (KR) released its latest financial results for Q2 on Friday. The American grocery supermarket chain reported revenue of $34.638 billion for the quarter vs. $34.461 billion estimate. Earnings per share also beat analyst estimates at $0.90 per share vs. $0.82 per share expected. "Kroger delivered strong second quarter resu...
September 12, 2022Read More >NIO Q2 results have arrived
NIO Q2 results have arrived NIO Inc. (NIO) reported its unaudited second quarter financial results on Wednesday. The Chinese electric vehicle maker reported revenue of $1.538 billion for the quarter, beating analyst estimate of $1.458 billion. Loss per share reported at -$0.20 per share vs. -$0.16 loss per share expected. William Bin Li...
September 8, 2022Read More >What is Fundamental Analysis, News and Fundamental Trading?
Have you ever heard the saying, “70% of trading is in the head”? This is because the markets are mostly moved with sentiment, a good barometer to gauge is the Fear and Greed index, emotions trigger actions, there is a reason why there are sellers and buyers in the market at the same time, yes it can be attributed to the way people take in i...
August 31, 2022Read More >Baidu beats Q2 estimates
Baidu Inc. (BIDU) reported its unaudited Q2 results on Tuesday. The Chinese technology company topped both revenue and earnings per share estimates for the quarter. Revenue reported at $4.424 billion for Q2 (down by 5% year-over-year) vs. $4.395 billion expected. Earnings per share at $2.36 per share for the quarter vs. $1.59 per share estima...
August 31, 2022Read More >Baidu beats Q2 estimates
Baidu Inc. (BIDU) reported its unaudited Q2 results on Tuesday. The Chinese technology company topped both revenue and earnings per share estimates for the quarter. Revenue reported at $4.424 billion for Q2 (down by 5% year-over-year) vs. $4.395 billion expected. Earnings per share at $2.36 per share for the quarter vs. $1.59 per share estima...
August 31, 2022Read More >Jackson Hole Symposium set to get underway today
The Kansas City Federal Reserve is set to host the 45th Annual Symposium at Jackson Hole Lodge in Wyoming’s Grand Teton National Park. Some of the countries and world’s most important central bankers, economists, and academics will be meeting to discuss the biggest issues facing the global economy. The key issue on the agenda is of �...
August 26, 2022Read More >How to develop a good training plan?
Trading FOREX, equities, commodities, and any other asset can be an emotional rollercoaster. With so many different emotions and external factors difficulties impacting a trade, it is crucial that before any trade is executed a trading plan is produced to minimise the impact of the ‘noise’. Generating the Idea ...
August 25, 2022Read More >Salesforce financial results announced
Salesforce financial results announced Salesforce.com Inc. (CRM) reported its latest financial results for its fiscal second quarter on Wednesday. World’s leading customer relationship management (CRM) company reported revenue of $7.72 billion (up 22% year-over-year) vs. $7.692 billion expected. Earnings per share also topped analyst est...
August 25, 2022Read More >Results are in – NVIDIA reports
Results are in – NVIDIA reports NVIDIA Corporation (NVDA) announced its second quarter results after the closing bell in the US on Wednesday. The US technology giant reported revenue that exceeded analyst expectations at $6.704 billion for the quarter vs. estimate of $6.699 billion. Earnings per share reported at $0.51 per share, narrowl...
August 25, 2022Read More >XPeng results are here – the stock price is falling
XPeng Inc. (XPEV) reported its unaudited Q2 financial results on Tuesday. The Chinese electric vehicle company reported revenue of $1.11 billion for Q2 (up by 97.7% from Q2 2021) vs. $1.09 billion expected. World’s 27th largest automaker reported a bigger loss per share than expected at -$0.47 loss per share for the quarter vs. -$...
August 24, 2022Read More >Zoom reports Q2 results – the stock dips
Zoom Video Communications Inc. (ZM) reported its latest financial results after the market close on Wall Street on Monday. The US communications technology company reported revenue of $1.10 billion for the second quarter (up by 8% year-over-year), falling short of $1.117 billion expected. Earnings per share reported at $1.05 per share vs. $0....
August 23, 2022Read More >Deere & Co. results announced
Deere & Co. (DE) reported its financial results on Friday for the third quarter ended July 31, 2022. The American manufacturer of farm machinery and industrial equipment reported revenue of $13 billion for the quarter, slightly above analyst estimate of $12.927 billion. Earnings per share fell short of estimates at $6.16 per share vs. $6....
August 22, 2022Read More >Qantas outlook report
Overview Qantas is Australia’s national carrier and the largest and oldest airline in the country. With the Qantas group comprising of Jetstar, Qantas, QantasLink, its frequent flyer service and a freight service, the airline is the sector leader domestically and a global competitor in the international aviatio...
August 19, 2022Read More >