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Five things to watch for in the markets in May, from Google's lawsuit to ECB data
Invezz· 2024-05-01 06:45
May is set to be an exciting month for the markets, with plenty of events that will move markets in ways both predictable and unforeseen. Here are our top five pocks of what to look out for in May:Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.30th April to 1st May: Federal Reserve interest rate decision1st to 3rd May: Google antitrust case17th May: Latest ECB inflation data22nd May: Nvidia earnings29th May: South African elections30th April to 1st M ...
AMD Q1 earnings: data center segment surges 80%, but shares fall in extended trading
Invezz· 2024-04-30 20:48
Follow Invezz on Telegram , Twitter , and Google News for instant updates >AMD (NASDAQ:AMD) reported first-quarter results that slightly surpassed Wall Street expectations, with earnings of 62 cents per share on revenue of $5.47 billion, compared to consensus expectations of 61 cents per share on revenue of $5.46 billion.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Despite these results, AMD shares fell over 3% in extended trading. Current quarter ...
Starbucks (SBUX) earnings report: revenue misses expectations, EPS declines, stock drops
Invezz· 2024-04-30 20:43
Starbucks Corporation (NASDAQ: SBUX) has reported a revenue miss in its Q1 2024 earnings report, disappointing investors and causing the SBUX stock price to drop by over 10% in the market after hours.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The company’s consolidated net revenues for the quarter were down 2% to $8.6 billion, falling short of market expectations. The decline was attributed to a challenging operating environment faced by the coff ...
PayPal Q1 earnings: net revenues rise 9% as focus on cost saving, reinvesting grows
Invezz· 2024-04-30 12:01
PayPal Holdings, Inc., the American multinational fintech company just released its earnings report today for the first quarter of FY24.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The company’s Q1 net revenues increased 9% to $7.7 billion. Transaction margin dollars increased by 4% to $3.5 billion. According to an announcement made by the company on February 7, 2024, PayPal’s non-GAAP results are based on a new methodology that includes the impact ...
Earnings: Coca-Cola surprises again with not-so-sweet Q1 financial results
Invezz· 2024-04-30 11:09
Investors and analysts alike weren’t sure what to expect of today’s earnings season report from The Coca-Cola Company (KO).Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.On the one hand, inflation has been driving sales down for brands across the board. On the other hand, Coca-Cola is known for defying pessimistic earnings predictions by beating estimates time and again. And so, when the beverage behemoth reported its Q1 2024 financial results before ...
Microsoft to invest $1.7 billion in Indonesia for cloud and AI expansion
Invezz· 2024-04-30 10:31
Follow Invezz on Telegram , Twitter , and Google News for instant updates >Microsoft is set to invest $1.7 billion over the next four years to expand its cloud services and artificial intelligence capabilities in Indonesia, CEO Satya Nadella announced during his visit to Jakarta on Tuesday.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.This significant investment includes the construction of new data centers as part of Microsoft’s broader strategy to ...
Investors eye Hershey and Mondelez strategies amid cocoa and sugar price surges
Invezz· 2024-04-29 13:29
Investors are closely watching how major chocolate manufacturers Hershey and Mondelez International will address the recent sharp increases in cocoa and sugar prices as they release their first-quarter results this week.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Both companies have faced elevated costs over the past several quarters, partly mitigating these through consumer price hikes. Challenges posed by cocoa price surge and crop issuesCopy li ...
Tesla moves a step closer to launching full self-driving in China
Invezz· 2024-04-29 12:42
Tesla Inc (NASDAQ: TSLA) is up 10% this morning after hitting a significant milestone in making its full self-driving technology available to customers in China. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Here’s what it means for Tesla stockCopy link to sectionThe electric vehicles behemoth had local authorities of the world’s largest auto market remove restrictions after clearing its data security requirements on Monday.  Tesla will likely be ab ...
Is Home Depot stock a smart investment at $335?
Invezz· 2024-04-29 08:17
With its roots stretching back to 1978,  Home Depot, Inc. (NYSE: HD) has established itself as a stalwart in the home improvement industry. Over the years, its earnings trajectory has been influenced by various factors, including store expansion, comparable sales growth, profit margin dynamics, and strategic share buybacks.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The company’s commitment to enhancing shareholder value through prudent financial ...
Xpeng announces Mona: a sub-brand of lower priced electric vehicles
Invezz· 2024-04-26 15:52
Xpeng Inc (NYSE: XPEV) is up 10% on Friday after announcing plans of launching a new sub-brand. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Xpeng’s Mona will launch in the coming months Copy link to sectionThe electric vehicles company is calling the new brand “Mona” which is expected to go live over the next two to three months.  Xpeng will roll out new, lower-priced vehicles under this brand for the mass market. Price it’s targeting for Mona EVs ...