On Friday, the Bank of America’s (BAC) earnings data rose due to the interest income gains amid higher rates and loan growth in Q4. BAC improved by 2.20% to $35.23 a share on January 13. Its earnings per share grew by $0.85 and exceeded experts’ estimates of $0.79. The figures are higher than the prior …
On Thursday, Taiwanese chip maker TSMC unveiled mixed financial results for the fourth quarter of 2023 as it faces slow demands. Its stock price hiked by 6.38% to $87.00 per share on January 12. However, it is anticipated to decrease by -0.29% to $86.75 apiece in the next session. Furthermore, the firm’s share price went …
On Wednesday, BBBY is expected to rally from Tuesday’s close as meme stock investors believe the company can be an acquisition target. It increased by 27.78% to $2.07 per share on January 10. Shares of Bed, Bath & Beyond is forecasted to go up by 17.40% to $2.43 in the next session. The US store …
BBBY Stock Spiked in Meme Stock Rally, Weak Earnings Data Read More »
On Tuesday, the US soybean prices tumbled as demand for American crops lessened, and Brazilian yield is expected to increase. The soybean futures for March delivery dropped by 0.84% to $1,477.50 per metric ton in the Asian afternoon session. Besides, the US Department of Agriculture (USDA) reported weekly grain export inspections for soy, nearing the …
Soybean Prices Fell as Demand Lessened and Output Surged Read More »
Tilray stock prices plummeted on January 10 amid a weak earnings report due to the issues of cannabis legalization in the US. Its value declined by -6.44% to $2.76 on Tuesday. It had a net revenue of $144.10 million, and it is on a constant currency basis of $157.60 million. Also, the company’s earnings per …
Tilray Reports Bearish Fiscal 2023 Financial Results Read More »
On Friday, Tesla slashed prices in China for the second time in almost three months due to radical interest changes. The automaker’s shares closed with an increase of 2.47% to $113.06 per share on January 06. However, it lost up to 70.00% in stocks of its value last year. The famous EV maker has been …
Oil prices improved on Thursday amid a falling dollar and as investors bought the dip after two consecutive steep declines, although concerns over a sluggish economy curbed gains. Global benchmark Brent crude futures rose 0.7% to $78.39 per barrel, while US oil benchmark West Texas Intermediate crude futures climbed 0.8% to $73.44 per barrel. Following …
Oil Recovers on Falling Dollar, Economy Concerns Limit Gains Read More »
On Wednesday, Exxon Mobil hinted a strong operational profit of around $15.40 billion in the fourth quarter of 2022. In a security filing, the US’s largest oil producer showed a decline in its massive profits from the previous quarters. Yet, preliminary operational data confirmed 2022 as its best financial year, with approximately $58.00 billion in …
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