Royal Bank of Canada (RY), the 10th-largest bank in the world, is scheduled to report its third-quarter financial results on August 25 before markets open. Over the past year, the bank stock has jumped more than 30% and is currently trading close to C$130. (See Royal Bank of Canada stock charts on TipRanks) Strong earnings
Stock Market
Take a look at some of the biggest movers in the premarket: Best Buy (BBY) – Best Buy shares rallied 4.3% in the premarket after the electronics retailer beat estimates on the top and bottom lines for the second quarter. Best Buy earned $2.98 per share, compared to a $1.85 a share. consensus estimate. Comparable-store
Sharing is Caring! by Michael Snyder These days, it is a surprise when someone actually does something competently. It is often said that if you want something done right you have got to do it yourself, and today that is more true than ever. Just think about it. How often have you had a delivery
By and large, investors know Alphabet Inc. (GOOGL) as the parent company of the search engine that everybody and their uncle uses: Google. I am definitely bullish on GOOGL stock. Amazingly, the Google search portal is so famous that in the popular lexicon, “Google” is both a noun and a verb. It’s perfectly fine to
Sharing is Caring! by Michael Snyder We all knew that this day was coming eventually. At first dropping water levels in the Southwest were an annoyance, then they became a problem, and now they have become a crisis. In fact, as you will see below, we are now potentially facing the worst water crisis in
Earnings season is at the tail end, but there’s still a smattering of interesting reports on the way. One of which will arrive on Wednesday (Aug 25 AMC), when Snowflake (SNOW) delivers the quarter’s financials (Q2FY22). The company made history last year, being the largest software maker to ever IPO in the U.S. As such,
In this article HOOD MRO BA SPCE PFIZER-IN A Boeing 737 MAX 10 airliner pauses while taxiing on the flight line before its first flight at Renton Municipal Airport on June 18, 2021 in Renton, Washington. Stephen Brashear | Getty Images Check out the companies making headlines in midday trading. Boeing — Shares of Boeing
Sharing is Caring! BY JOHN RUBINO The prices of a lot of things are up these days, which fits the common definition of “inflation.” Meanwhile, an increasing number of products are appearing at the same price but in smaller packages.This is inflation’s slippery first cousin “shrinkflation.” Here’s a sampling from a recent study: • Bounty paper towels:
Toronto-Dominion Bank (TD), Canada’s largest bank, will report Q3 earnings on August 26 before the opening bell. Over the past year, the bank stock has jumped by approximately 35%, and is currently trading over C$85. Solid earnings could propel shares of TD higher, so let’s have a look at what analysts are expecting. (See Toronto-Dominion
In this article TRIL-CA MRNA PFE 22UA-DE COIN BA Check out the companies making headlines before the bell: Boeing (BA) – Boeing added 1.2% in the premarket, following news that it planned to invest in a SPAC merger planned later this year by Richard Branson’s satellite launch company Virgin Orbit. Virgin Orbit plans to merge
Sharing is Caring! by Chris Black A tip to Crime Stoppers has blown the lid on a church service at #Blacktown, attended by 60 adults and children. The gathering has been described as selfish and arrogant, as cases in the suburb surged. Read more: t.co/xVWR1WUeSa@tiffgenders #COVID19 #9News pic.twitter.com/vNZHCUzXCj — 9News Sydney (@9NewsSyd) August 23, 2021
Sportswear and footwear retailer Foot Locker (FL) delivered better-than-expected second-quarter results. Revenue and earnings topped consensus estimates as the company benefited from improving fundamentals in the industry. Shares jumped 7.26% to close at $58.34 on August 20. Net income came in at $430 million, an improvement from $45 million delivered in the same quarter last
Sharing is Caring! Where the Incompetence Lies. “If President Biden had been comatose for the past two weeks, there’s no reason to believe that the American response to the crisis in Afghanistan would have been better or, indeed, much different. The incompetence lay in the team that the President assembled or, more accurately, that was assembled
Daniel Loeb, CEO of Third Point, has a reputation for turning risk into success. His preferred strategy – of going in and cleaning up the mess – has built his firm into a $17 billion-plus asset management behemoth, with both hands in the US and international equity and credit securities markets. In the current environment,
Over the first half the of 2021 and especially in Q2, economies reopened and consumers opted to spend more time in physical retail spaces. Foot Locker, Inc. (FL) experienced the trends first hand, printing impressive Q2 earnings results last Friday. The athletic retailer has made meaningful progress, as acquisitions, share repurchases, and keeping stores open helped drive it
The S&P 500 rebounded on Friday, but still ended the week fractionally lower. Energy names led the decline, while Utilities and Healthcare stocks rallied. Investors noted a shift in tone from the Federal Reserve. Minutes from the latest FOMC meeting suggested that most members expected to see the tapering of quantitative easing (QE) measures by
Applied Materials, Inc. (AMAT) reported stellar third-quarter results on Thursday. The company posted its strongest revenues ever ($6.2 billion), a jump of 41% year-over-year, surpassing the Street’s estimate of $5.94 billion. Adjusted earnings came in at $1.90 per share, up 79% from the year-ago period. Analysts had estimated earnings of $1.77 per share. For Q4, AMAT
Sharing is Caring! by Martin Armstrong A lot of people have written in to ask if I would explain my position on the legal outcome of forced vaccines. I will try to be a bit more detailed. I see this as a conflict in law at the Supreme Court and how do we argue against
Apple (AAPL) appears confident the iPhone 13 is destined for success. According to Asian supply chain checks made by Wedbush analyst Daniel Ives, iPhone 13 builds are currently in the ~90 million unit range. This represents an approximate ~10% uptick year-over-year “out of the gates,” when compared to the initial build of 80 million iPhone
Sharing is Caring! By Michael Lebowitz and Lance Roberts Equity futures are opening weaker again this morning. The NASDAQ is faring better than the S&P and Dow futures, which are both down about .35%. This pattern follows yesterday in which the NASDAQ outperformed the S&P and Dow by over 50 bps. All three indexes recovered
Bitcoin’s price fluctuations make it difficult to calculate revenue projections for bitcoin miners. A drop in BTC’s price will affect the value of the company’s bitcoin holdings and vice versa. Accordingly, while Marathon Digital’s (MARA) Q2 revenue grew substantially from the same period last year and sequentially, the top-line figure came in below expectations as
Sharing is Caring! Via Birch Gold Photo by Ashley Light There’s no doubt that the Social Security benefits that hard-working Americans have paid into for decades are under incredible pressure. If nothing is done except “kicking the can down the road,” by 2035 retirement savers won’t be able to count on the entire benefit they’re entitled
Crypto enthusiasts are no doubt buoyed by the market’s recent rally, indicating a prolonged bear market might not materialize after all. The upward movement has also coincided with Coinbase’s (COIN) recent blowout earnings. The leading crypto exchange entered the public markets to much fanfare in April, following which the bottom fell out for bitcoin and
Esther George, John Williams and Jerome Powell, at Jackson Hole, Wyoming, August 24, 2018. David A. Grogan | CNBC The Federal Reserve’s efforts to reverse its easy policy will be a dominant theme for markets in the week ahead, as central bankers gather in Jackson Hole, Wyoming. The central bankers may even look relaxed against
Sharing is Caring! by Charles Hugh-Smith Is that the scent of smoke? What’s that red glare? Must be nothing. Why are the wheels coming off the American Project? Afghanistan is front and center in the news flow for obvious reasons, but since I have no expertise on that nation or America’s role there, I am stipulating
In all walks of life, the only certainty is change. No matter what happens, from the stock markets to politics to the TV lineups, everything will change. Change can come slow, or change can come fast, and however it comes, we’ll need to adapt. The automotive industry is in the throes of an epoch-making change
In this article ROST AMAT SPOT BKE FL DE Check out the companies making headlines before the bell: Deere (DE) – The heavy equipment maker reported quarterly earnings of $5.32 per share, compared with a consensus estimate of $4.58, and its revenue beat forecasts as well. Deere was up 1.1% in premarket trading as it
Sharing is Caring! Um, a terrorist—who happened to be both Black & Muslim—murdered a police officer at the Capitol just 139 DAYS AGO. You & the rest of corrupt corporate media promptly REFUSED to cover it. (And to be clear, this latest nutcase who threatened a bomb should go to jail a LONG time.) t.co/qdsmAMK8la
In a report released yesterday, Timothy Chiodo from Credit Suisse maintained a Buy rating on Adyen (ADYYF – Research Report), with a price target of EUR2950.00. The company’s shares closed last Thursday at $2975.00, close to its 52-week high of $2978.00. According to TipRanks.com, Chiodo is a 5-star analyst with an average return of 33.8%
Not for the first time, the superlatives are piling up for Nvidia (NVDA) following the chip giant’s exceptional July quarter earnings. That said, you will be hard pressed to find a more enthusiastic reception to the results than that of Rosenblatt analyst Hans Mosesmann, who says Nvidia is on “an entirely different plane vs. other
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