Articles
Nike latest numbers are in
Nike Inc. (NKE) reported its fiscal 2022 financial results for its second quarter ended November 30, 2021. Let’s take a closer look at the numbers. The US sporting goods company reported revenue of $11.36 billion in the quarter (up by 1% from th...
Read MoreUp next: the Bank of Canada rate decision
One of the must-watch economic events this week will be the Bank of Canada interest rate decision. The rate decision is due to be announced at 15:00 pm London time on Wednesday. Why is the announcement important? A bank interest rate is a rate ...
Read MoreNIO and Shell announce an agreement
Last week, NIO announced that they have entered into a strategic agreement with Shell, the largest gasoline retailer in the world. The latest move is a boost for NIO to further establish themselves in the electric vehicle industry. The agreement i...
Read MoreWalmart tops Wall Street expectations
By Klavs Valters Walmart Inc. (WMT) reported its third-quarter earnings before the market open on Tuesday. The largest retailer in the world beat Wall Street analyst expectations. Total revenue was at $140.5 billion in the quarter (up by 4.3% y...
Read MorePreview: Non-Farm Payroll Announcement
By Klavs Valters It’s the beginning of a new month which means that the Non-Farm Payroll figures will be released this week by the US Bureau of Labor Statistics. The latest US jobs data will be released at 1:30 PM London time on Friday. Why i...
Read MoreNIO August delivery numbers are in
By Klavs Valters NIO reported its latest delivery numbers for last month before the opening bell on Wednesday. The ''Chinese Tesla'' delivered a total of 5,880 vehicles in August – a 48.3% year-on-year increase. About NIO NIO is a Chinese ...
Read MoreHow do dividend adjustments work on my Index CFD position?
Cash stock indices such as the Dow 30, FTSE 100 and ASX 200 are made up of constituent stocks which is where their price is derived from. These constituent stocks of an index will periodically pay dividends to shareholders, causing a drop in that ...
Read MoreZoom beats Q2 expectations
By Klavs Valters Zoom reported its second quarter financial numbers after the market close on Monday. The video-calling software company reported total revenue of $1.02 billion in Q2 (up by 54% year-over-year) vs $991 million expected. It was t...
Read MoreXPeng tops earnings expectations for Q2
By Klavs Valters XPeng reported its Q2 financial results before the opening bell on Thursday, beating analyst expectations. Let’s take a closer look at the numbers. The company reported total revenue of $582.50 million in the second quarter, ...
Read MoreSalesforce Q2 numbers are in
By Klavs Valters Salesforce released its latest earnings numbers for Q2 after the closing bell on Wednesday. The cloud-based software company reported total revenue of $6.34 billion in the second quarter of the year, beating analyst forecast of...
Read MoreIntel reports Q1 earnings
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, al...
Read MoreEuropean and US markets hit all time highs, Bitcoin breaks out, the Dollar slides
By Lachlan Meakin Equity markets US stocks jumped overnight to reach record levels as stronger than expected print on retail sales and a sharp improvement in the number of new jobless claims cheered the investors. Source: Yahoo Finance US...
Read MoreNIO and Sinopec partnership announced
By Klavs Valters @klavsvalters 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 i...
Read MoreStop the jab – Johnson & Johnson vaccine rollout paused
By Klavs Valters @klavsvalters 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 ...
Read MoreSee-sawing equity markets, US Dollar strength and stimulus hopes
By Lachlan Meakin Equity markets Global markets see-sawed from record high to steep declines on an eventful month that saw a new US administration sworn in, promises of record stimulus in the US and the FOMC spoiling the party somewhat. Global equ...
Read More
