Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

Articles

Trade from an informed place. We cover news, political events and market analysis plus product updates.

XPeng results are here – the stock price is falling

  XPeng Inc. (XPEV) reported its unaudited Q2 financial results on Tuesday. The Chinese electric vehicle company reported revenue of $1.11 billion for Q2 (up by 97.7% from Q2 2021) vs. $1.09 billion expected. World’s 27th largest automaker reported a bigger loss per share than expected at -$0.47 loss per share for the quarter vs. -$...

August 24, 2022
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EUR continues to tumble as energy crisis worsens

The Euro has fallen to 20-year lows as it deals with increasing energy prices and increased bond yields as recession fears rise again. Across both the UK and Europe inflation has been especially high even compared other countries such as Australia and the USA and in response, the EUR has taken a large hit. The recent spike in energy prices has brou...

August 23, 2022
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Stocks dump, yields rise as market reprices rate-hike roadmap ahead of Jackson Hole

US equites suffered a steep decline in Mondays session  in a broad sell-off that saw the Nasdaq leading the charge lower dropping 2.6% as global risk appetite was pressured by growth and energy supply concerns. The S&P 500 is now down over 200 points since the price was rejected at the 200 day SMA last week. Yields rose sharply a...

August 23, 2022
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Zoom reports Q2 results – the stock dips

Zoom Video Communications Inc. (ZM) reported its latest financial results after the market close on Wall Street on Monday. The US communications technology company reported revenue of $1.10 billion for the second quarter (up by 8% year-over-year), falling short of $1.117 billion expected. Earnings per share reported at $1.05 per share vs. $0....

August 23, 2022
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Deere & Co. results announced

Deere & Co. (DE) reported its financial results on Friday for the third quarter ended July 31, 2022. The American manufacturer of farm machinery and industrial equipment reported revenue of $13 billion for the quarter, slightly above analyst estimate of $12.927 billion. Earnings per share fell short of estimates at $6.16 per share vs. $6....

August 22, 2022
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Qantas outlook report

      Overview   Qantas is Australia’s national carrier and the largest and oldest airline in the country. With the Qantas group comprising of Jetstar, Qantas, QantasLink, its frequent flyer service and a freight service, the airline is the sector leader domestically and a global competitor in the international aviatio...

August 19, 2022
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AUD drops on Employment Figures

The Aussie Dollar has seen a drop in its price due to wage and unemployment data released over the past day and a half. The economic data shows that unemployment has fallen to its lowest level in nearly 50 years with the jobless rate at 3.4% compared to analysts expecting the figure to remain at 3.5%. Wages also rose modestly in the last quarter to...

August 18, 2022
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Dive Into a Music Streaming Giant

By now Spotify is hugely synonymous with providing music to the masses. We have all either, in one shape or form, listened to a song on Spotify or a podcast. They are not strangers to us, but somehow, we may overlook them when it comes down to making investments, but that could well change, if the future plans of the corporations are achieved. ...

August 18, 2022
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Disney’s Resurgence & Streaming Plan

Disney is a huge name synonymous with providing movies, TV series and allowing children to live out their fantasies and playing out their dreams within their iconic parks. We have all either, in one shape or form watched a film or series produced by Disney’s huge conveyor belt of production. They are not strangers to us, but somehow if you as...

August 18, 2022
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Less hawkish Fed stems equity losses after UK CPI shock

US equites finished lower on Wednesday after a double digit CPI figure out of the UK saw traders ramping up their hawkish central bank pricing. The July FOMC minutes released late in the session softened the blow somewhat on the back of some participants noting the risk that the Fed could tighten more than necessary, this was seen as dovish, or mor...

August 18, 2022
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Target falls short in Q2 – the stock is down

Target Corporation (TGT) reported its second quarter earnings results before the opening bell on Wall Street on Wednesday. The US retailer reported revenue of $26.037 billion (up 3.5% year-over-year), which was slightly above analyst estimate of $26.032 billion. Earnings per share reported at $0.39 per share (down 89.2% year-over-year) vs. $0...

August 18, 2022
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US Indices hit three-month highs on solid Walmart earnings, meme stocks pump and dump

US got off to a flying start in Tuesdays session after retail giant Walmart (WMT.NYSE) reported much better results and forward guidance than the recently lowered expectations of analysts, sending the stock soaring over 5%, and dragging the whole consumer discretionary sector with it. See Analyst Klavs Walters Walmart report for an in depth view...

August 17, 2022
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Walmart tops expectations for Q2 – the stock is up

Walmart tops expectations for Q2 – the stock is up Walmart Inc. (WMT) announced its Q2 financial results before the market open on Wall Street on Tuesday. World’s largest supermarket chain reported results that exceeded analyst expectations, sending the stock price higher. The company reported revenue of $152.859 billion (up by 8.4% ye...

August 17, 2022
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Oil continues its sell-off as it drops after weaker Chinese and US economic figures

Oil has continued its tumble from its March 2022 high of $131 per barrel down to $82 a barrel. The drop has been in response to weak economic figures from China and the USA which has added to the recessionary anxiety gripping the market. Furthermore, as Iran edges closer to a nuclear deal, the removal of economic sanctions on the country may be ...

August 16, 2022
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Li Auto Q2 results are here

Li Auto Inc. (LI) reported its unaudited second quarter financial results on Monday. The Chinese automaker fell short of analyst estimates for the quarter. World’s 16th largest automaker reported revenue of $1.207 billion vs. $1.416 billion expected. The company reported a loss per share of -$0.04 for the quarter vs. -$0.02 loss per share e...

August 16, 2022
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