On Thursday, February 10, Twitter will release its fourth quarter and annual earnings for 2021 before the opening bell. Investors are looking to see if it will beat their estimates. The social media platform’s sales revenue is anticipated to increase to $1.58 billion compared to the third quarter’s $1.28 billion records. Likewise, its earnings per …
Twitter Q4 Results: Will it Beat Analysts’ Estimates? Read More »
Markets now focused on the upcoming earnings report of Twitter Inc. on Thursday after FAANG stocks delivered divergent results. For the fourth-quarter earnings, analysts expected the social media giant to post fourth-quarter earnings of $0.35 per share. The projection reflects year-over-year growth of about 8.00% from $0.38 per share in the same period of the …
Twitter Results in Focus after Uneven FAANG Results Read More »
On Monday, Chinese stocks jumped as they returned to trade after closing last week for the Lunar New Year holidays. Accordingly, the benchmark Shanghai composite soared 1.80% or 60.66 points to 3,422.10. At the top of the index, investment vehicle HNA Technology hiked 10.14% or 0.04 points to $0.48 per share. Following the trend, transportation …
Chinese Shares Climb after Returning from Holiday Read More »
Snap Inc. rocketed 59.18% on Thursday post-trading after releasing its first-ever profitable quarterly results on a net income basis as a public company. Correspondingly, its stock price significantly gained 14.50 points to $39.00 per share. It reversed its slump of 23.60% or 7.57 points in the regular market session. The social media company now stands …
Snap Inc. Stocks 59.18% Up on Profitable Q4 Results Read More »
On Monday, Asia-Pacific stocks grappled for direction as investors braced for the Federal Reserve’s monetary policy meeting this week. Markets highly expected the US central bank to confirm that it will soon start draining its massive lake of liquidity. Accordingly, the accommodative policy has been a critical prop to stock prices in recent years. In …
Asia-Pacific Stocks Mixed; Fed’s Meeting in Focus Read More »
On Wednesday, shares of Sony Group Corp. plummeted after PlayStation rival Microsoft Corp. announced its acquisition of game developer Activision Blizzard Inc. The Japanese multinational conglomerate plunged 10.01% or 12.44 points to $111.78 per share, the most significant intraday drop since March 2020. Nevertheless, it is still 21.50% or 19.90 points higher than last year, …
Sony Stocks Tumble in Wake of Microsoft-Activision Deal Read More »
On Tuesday, shares of Rio Tinto Group declined after it reported lower-than-expected fourth-quarter production results. The world’s second-largest mining company edged down as much as 1.97% to $77.73 in the early market session. As of writing, it trades at 0.35% or 0.27 points lower to $78.91 per share. Then, it decreased 8.34% or 7.18 points …
Rio Tinto Stocks Drop after a Weak Q4 Production Update Read More »
Shares of Elastic NV sank in Wednesday extended trading after its co-founder Shay Banon stepped down as the company’s CEO. The American-Dutch security firm lost 4.54% or 5.04 points to $106.00 per share. It trailed its decline of 2.68% or 3.06 points to $111.04 per share in the regular trading session. Still, the business stands …
Elastic NV Shares Slump as CEO Shay Banon Steps Down Read More »
Have The Best Of Trade Market News Delivered Directly To Your
Mailbox. Subscribe To Receive The Latest Market News.
Disclaimer:
TradeMarketNews.com provides information and news solely for reference purposes. The accuracy, relevance, and completeness of any information and news may vary and cannot always be guaranteed. Readers are responsible for their use of such data (as stated in the ToS) and its appropriateness for the user.
Email: [email protected]
Connect with: trademarketnews
