Stocks Category

April 26, 2022
To jubilant applause and suspicions of a ‘free speech’ scheme, Musk acquires Twitter for $44 billion

To jubilant applause and suspicions of a ‘free speech’ scheme, Musk acquires Twitter for $44 billion   On Monday, Elon Musk agreed to buy Twitter Inc for $44 billion in cash, transferring ownership of the social media network used by millions of people and world leaders to the world’s richest person. It’s a watershed moment

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April 25, 2022
On Sunday, stock futures fell as Wall Street prepared for a hectic results week

On Sunday, stock futures fell as Wall Street prepared for a hectic results week   As investors pondered the probability of higher interest rates, U.S. stock futures dipped on Sunday night, snapping a four-week losing skid for the Dow Jones Industrial Average. Wall Street is also anticipating a busy week of earnings, which will include

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April 22, 2022
AB Volvo profits soar, while supply chain woes wreak havoc on truck orders

AB Volvo profits soar, while supply chain woes wreak havoc on truck orders AB Volvo, a Swedish truck manufacturer, announced an unexpected increase in first-quarter core earnings on Friday, despite a stressed supply chain that limited its ability to fulfil order books. Daimler Truck and Traton’s rival said it expects component supplies to remain unpredictable,

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April 21, 2022
Tesla record profit $18.76 billion in revenue

Tesla record profit $18.76 billion in revenue Tesla just released its first-quarter profits for 2022, and both the top and bottom lines surpassed analysts’ estimates. The important figures are listed below. After-hours trading saw shares rise as much as 6%. Automotive revenue increased by 87 percent year over year to $16.86 billion. Tesla reported a

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April 20, 2022
What to expect from Netflix 1st quarter earnings?

What to expect from Netflix 1st quarter earnings? Netflix (NFLX) shares have underperformed the market in 2022, down 35 percent and 46 percent in the last three and six months, respectively. In addition, the stock has dropped 38% and 37% in the last nine and twelve months, respectively. Is this a good time to buy?

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