Stock Market

Amazon.com, Inc. (AMZN) reported better-than-expected 1Q results driven by higher revenues, which was fueled by outstanding performance in all segments. Shares of the e-commerce company rose 2.4% in Thursday’s extended trading session. Amazon reported 1Q earnings of $15.79 per share that widely surpassed analysts’ expectations of $9.54 and more than tripled on a year-over-year basis.
0 Comments
The Green Organic Dutchman Holdings (TGOD) has provided a corporate update on its operations and progress on its strategic business plan. Earlier this year, the Green Organic Dutchman put its cultivation and processing facility in Valleyfield, Quebec up for sale, with the objective of increasing its financial flexibility to reduce its debt and capitalize on
0 Comments
by confoundedinterest17 U.S. equities climbed to all-time highs after a batch of corporate earnings and economic data showed the American economy gained steam in the first three months of the year. U.S. gross domestic product expanded at a 6.4% annualized rate in the first quarter, according to the Commerce Department. The S&P 500 traded at fresh
0 Comments
Qualcomm Incorporated (QCOM) reported better-than-expected fiscal 2Q results driven by continued high global demand for smartphones. Adjusted earnings more than doubled to $1.90 per share in 2Q, easily beating Street estimates of $1.67 per share. Notably, EPS results outpaced the company’s guidance range of $1.55-$1.75 per share. Total revenues grew 52% year-over-year to $7.93 billion
0 Comments
Mastercard (MA) is to become the exclusive card network for Gemini’s cryptocurrency rewards credit card. The cryptocurrency platform has selected the payment giant, along with WebBank, to offer several innovative features as part of the offering. The Gemini Credit Card, powered by Mastercard, will offer an easy way of acquiring Bitcoin and other cryptocurrencies. In
0 Comments
Waste Connections (WCN) posted its first-quarter financial results on April 28 after market close. The North American integrated waste services company reported better-than-expected results driven by strong growth in solid waste pricing, accelerating solid waste volumes, and increased resource recovery values. Waste Connections’ revenue came in at $1.396 billion in the quarter ended March 31,
0 Comments
by Martin Armstrong Oscar viewing fell below 10 million, a crash mode from last year’s historic low of 23.6 million viewers compared to nearly 30 million in 2019 pre-COVID. The entire entertainment industry, from movies and Oscars to football and sports, indicates that the future is not so bright and sunny. I warned back in 2016 that football
0 Comments
Advanced Micro Devices (AMD) forecasted better-than-expected revenue for 2Q after 1Q results topped consensus estimates. The chip maker also lifted year-over-year revenue growth expectations for 2021. AMD’s 1Q adjusted earnings almost doubled to $0.52 per share on a year-over-year basis and came in well ahead of analysts’ expectations of $0.44 per share. Revenue surged 93%
0 Comments
by realinvestmentadvice Eric Hickman discusses why the stock market’s collapse is near. Because stock market performance is an essential factor in U.S. Treasury behavior, I study it closely. I wrote a paper in 2012 that, among other things, examined the consistency (or inconsistency) of long-term S&P 500 performance. Between our founder Robert Kessler’s indelible memory of slogging his
0 Comments
by visualcapitalist The World’s Largest Economy The U.S. is the world’s largest economy by nominal GDP, and its influence on the global economy is quite remarkable. As of 2019, the U.S. made up almost a quarter of the global economy. But how has America’s share of the economic pie changed over time? The U.S. Share of
0 Comments
Amongst Wall Street’s big hitters, Tesla (TSLA) is a guaranteed headline grabber. Avid Street watchers will be keen to find out how the EV pioneer fared in Q1 when the company reports earnings today after the bell. Wedbush analyst Daniel Ives is expecting “good news with upside likely across the board.” The robust 1Q delivery
0 Comments