Citigroup Released Q2 2022 Financial Report and Key Metrics on Friday
The Bank manages assets (AUM) with a total value of more than $2 trillion
July 18, 2022
1505
Stocks
AT&T Earnings Report Questioned Living Up of Economic Cycle Resistant Stocks to Their Definition
StocksOn Thursday last week, AT&T (T) published its pivotal 2H 2022 earnings report. Q2 Non-GAAP EPS of $0.65 beat consensus forecast by $0.03, while revenue of $29.6 billion (-17.2% YoY, yikes!) still exceeded expectations by $130 million
July 25, 2022
1357
1505
JP Morgan Chase Disappointed by Muted Numbers, Share Buyback Suspension and Bleak Guidance
Shares of JP Morgan Chase (JPM) were down 3.5% on the reporting day, July 14, after a muted quarterly report. JPM's Q2 earnings per share of $2.76 fell short of the consensus estimate of $2.91; versus $2.63 in the first quarter of 2022 and $3.78 in the last year quarter.
July 15, 2022
1554
PepsiCo Kicks the Earnings Ball by Reporting Moderately Upbeat Numbers, Wary of Inflation
PepsiCo (PEP) shares pushed higher after the beverage giant posted a strong earnings result for the second quarter and raised its full-year sales forecast.
July 13, 2022
1569
Elon Musk Finally Dropped His Bid for Twitter: Buy at Your Own Risk!
Shares of Twitter (TWTR) fell 5.1% on Friday and additionally lost 7.1% in Monday’s premarket after Elon Musk announced he is dropping his bid for arguably the most popular, but increasingly loss-making social network.
July 11, 2022
1579
Tesla Fell Short of Reaching Production Target in Q2 2022
Tesla (TSLA) just reported second-quarter vehicle production and delivery numbers for 2022.
July 4, 2022
1318
Nucor Corporation Preannounced Record Q2 Earnings, but What’s Ahead?
Inflation is rapidly growing, and that impacts many commodities including steel despite slowing down of the U.S. housing market.
June 23, 2022
1493
Adobe's Revenue up 14% YoY to $4.39 Billion in Q2
Adobe Inc. (ADBE) reported yesterday after the closing bell that its Q2 2022 revenue increased by 14% on an annual basis to $4.39 billion, beating consensus forecast of $4.35 billion.
June 17, 2022
1280
Oracle Smashed Top- and Bottom Line Projections Due to Booming Cloud Infrastructure
Oracle (ORCL) announced its financial results for the Q4 and the entire fiscal year of 2022.
June 14, 2022
1130
Few Obvious Contemplations and Street Impacts of Elon Musk’s Willfully Lowering His Bid for Twitter
This has been a tumultuous time for global stocks. Many factors such as the unknown path for inflation and post-Covid reopening, as well as severity of Fed’s monetary tightening – has been contributing to the heightened volatility.
June 7, 2022
1476
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