Stocks Category

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,

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

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?

Wall Street closes lower after a volatile day as investors seek earnings Investors contrasted Bank of America’s upbeat earnings with skyrocketing bond yields ahead of more earnings clues this week, and U.S. stocks closed lower on Monday after flip-flopping during afternoon trade. Market investors are bracing for a flurry of earnings reports that will help

CISCO a dividend-paying technology stock of high quality   Tech stocks have been on the decline since the beginning of the year, and it doesn’t appear that things will improve anytime soon. If you’re looking for a safe investment in today’s economy, you can choose Cisco (CSCO), a communications equipment firm. It’s a reliable business