On Thursday, Beyond Meat, a plant-based substitute meat seller, had its shares tumbling down by 18.00% hitting new lows. Its stock price went down by -18.27% to $10.20 per share on May 11. However, it is expected to go up by 0.69% to $10.27 in the upcoming session. The company mentioned selling up to $200.00 …
On Thursday, gold prices went down as hopes about the Federal Reserve slashing interest rates faded after the US inflation report. Gold futures for June delivery declined by -0.38% to $2,029.30 per troy ounce on May 11’s Asian afternoon session. Likewise, spot gold was down by 0.20% to $2,030.70 per ounce. According to analysts, there …
On Monday, Palantir Technologies announced its first-quarter financial results, which surpassed top and bottom-line estimates. Its stock price went up by 4.45% to $7.74 per share on May 08. Likewise, it is expected to increase by 21.45% to $9.40 apiece in the upcoming session. The company’s earnings per share rose to $0.05, beating the analysts’ …
Palantir Reports Soaring Q1 Results, Exceeding Estimates Read More »
On Thursday, Booking Holdings announced its low first quarter results, still beating estimates helped by more robust demand. Its stock price went down by -1.61% to $2,603.57 per share on May 04. Likewise, it is bound to decline by -3.48% to $2,513.00 apiece in the upcoming session. The company’s earnings per share dropped to $11.60 …
On Thursday, copper prices increased due to a weaker dollar, while a lower-than-expected demand from China prevented a higher rally. Copper futures for July delivery went up by 0.91% to $3.88 per pound on May 04’s Asian afternoon session. The commodity rose by 1.20% from the London Metal Exchange to $8,568.00 per ton. On the …
Copper Rose amid Dollar Slide, China Halts Higher Rally Read More »
On Tuesday, coffee prices were moderately higher amid a weaker dollar, and the beans’ inventories were tighter due to heavy rains. Coffee futures for July delivery went up by 0.46% to $186.45 per metric ton on May 02’s Asian afternoon session. The robusta commodity gained support from heavy rain that could reduce yields in Indonesia. …
Coffee Surged due to Weaker Dollar and Heavy Rains Read More »
On Thursday, Amazon beat analysts’ financial estimates for its first quarter; however, its revenue declined. Its stock price increased by 4.61% to $109.82 per share on April 27. Meanwhile, it is expected to drop by -2.08% to $107.54 apiece in the upcoming session. The company’s earnings per share reached $0.31, beating experts’ $0.21 forecast. Therefore, …
Amazon Announces Robust Q1 Earnings, Revenue Drop Read More »
On Wednesday, cocoa crop prices gained advantages from a decline in the dollar index to a 1-1/2-week plunge. Cocoa futures for July delivery went up by 0.65% to $2,947.00 per metric ton on April 26’s Asian afternoon session. Last Friday, NY cocoa reported a 6-3/4 year high while London cocoa posted a 6-1/2-month record. Over …
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