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Coinbase’s 2Q earnings preview: Another blowout quarter expected
Coinbase’s 2Q earnings preview: Another blowout quarter expected
Jul 30, 2024
When does Coinbase Inc report earnings? Coinbase is set to release its quarter two (Q2) 2024 financial results on 1 August 2024, after the US market closes. Coinbase’s 2Q 2024 results – what to expect Key Metrics2Q 20232Q 2024EYoY Growth % Total Revenue (US$ millions) 708 1,396 97.2% - Transaction Revenue (US$ millions) 327 846 100% - Subscription Services (US$...
EUR/USD IG Client Sentiment: Our data shows traders are now net
EUR/USD IG Client Sentiment: Our data shows traders are now net
Aug 1, 2024
Number of traders net-short has decreased by 21.63% from last week. SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI EUR/USD BEARISH 50.71% 49.29% 7.80% Daily6.61% Weekly -15.54% Daily-21.63% Weekly -5.12% Daily-9.47% Weekly EUR/USD Bearish Data provided by of clients are net long. of clients are net short. Change in Longs Shorts OI Daily 6% -12% -4% Weekly 9% -16% -6%...
Apple Q3 Earnings Preview: a Closer Look at Earnings Forecasts and China Market Strategy
Apple Q3 Earnings Preview: a Closer Look at Earnings Forecasts and China Market Strategy
Jul 25, 2024
Article written by Tony Sycamore, Market Analyst for IG Australia When will Apple report its latest earnings? Apple is scheduled to report its third quarter (Q3) earnings on Thursday, August 1, 2024. Key Financial Metrics Last quarter (Q2), Apple reported a revenue beat of $90.75 billion vs. $90.01 expected and an EPS beat of $1.53 vs. $1.50 estimated. The company...
Tesla stock price slumps after Q2 earnings​​​​​​​
Tesla stock price slumps after Q2 earnings​​​​​​​
Jul 25, 2024
​​​Profit slump and financial performance ​Tesla's second-quarter profits for 2024 plummeted by 45%, with net income falling to $1.47 billion, well below analysts' expectations of $1.9 billion. The electric vehicle giant faced headwinds from slower sales, increased costs due to employee layoffs, and significant investments in artificial intelligence infrastructure. ​Despite these challenges, revenues rose 2% to $25.5 billion, narrowly exceeding...
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Russian rouble continues to weaken vs US dollar
Russian rouble continues to weaken vs US dollar
Oct 17, 2024
MOSCOW, Oct 16 (Reuters) - The Russian rouble continued to weaken against the U.S. dollar on Wednesday but was flat against China's yuan, reflecting the global weakness of the Chinese currency and the dollar's strength. By 0900 GMT, the rouble was flat at 13.35 against the yuan in the over-the-counter (OTC) market, according to data compiled by LSEG. It was...
Sector Update: Consumer Stocks Retreat in Late Afternoon Trading
Sector Update: Consumer Stocks Retreat in Late Afternoon Trading
Oct 17, 2024
03:48 PM EDT, 10/17/2024 (MT Newswires) -- Consumer stocks were declining late Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.2%. In corporate news, Ferrari ( RACE ) on Thursday announced its new supercar, the F80, with a 1,200-horsepower V6 hybrid engine. Its shares gained...
Chip stocks fall on ASML forecast cut, potential US AI chip export cap
Chip stocks fall on ASML forecast cut, potential US AI chip export cap
Oct 17, 2024
(Reuters) -Semiconductor stocks in the United States and Asia fell after chip equipment maker ASML cut its annual sales forecast over weak non-AI chip demand while a report said the Biden administration was considering capping sales of advanced artificial intelligence processors to some countries. AI chip giant Nvidia, which had briefly surpassed Apple as the world's most valuable company the...
US STOCKS-Futures steady, Nasdaq higher as markets await bank earnings
US STOCKS-Futures steady, Nasdaq higher as markets await bank earnings
Oct 17, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures: Dow down 0.07%, S&P 500 up 0.05%, Nasdaq up 0.18% Oct 16 (Reuters) - Dow and S&P 500 futures remained steady on Wednesday, while Nasdaq 100 futures rose slightly following a tech and oil stock selloff in the...
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Walker & Dunlop Originates $65 Million in Housing, Urban Development Loans
Walker & Dunlop Originates $65 Million in Housing, Urban Development Loans
Mar 12, 2024
10:35 AM EDT, 03/12/2024 (MT Newswires) -- Walker & Dunlop ( WD ) said Tuesday it originated more than $65 million in housing and urban development loans for seven skilled nursing facilities and memory care centers in Illinois and Wisconsin between October and February. The company said that three of these transactions amounted to more than $10 million, with Elevate...
FactSet Introduces AI Chatbot Transcript Assistant For Earnings Call Analysis
FactSet Introduces AI Chatbot Transcript Assistant For Earnings Call Analysis
Mar 12, 2024
10:35 AM EDT, 03/12/2024 (MT Newswires) -- FactSet Research Systems ( FDS ) said Tuesday that it is introducing Transcript Assistant, a generative artificial intelligence-backed chatbot for analyzing earnings call transcripts. Key features include interactive chat assistant, search capabilities and view summaries, the company said. Price: 482.90, Change: +6.04, Percent Change: +1.27 ...
GE Aerospace to invest over $650 million in factories, supply chain in 2024
GE Aerospace to invest over $650 million in factories, supply chain in 2024
Mar 12, 2024
(Reuters) - GE Aerospace said on Tuesday it planned to invest over $650 million into its manufacturing plants and supply chain this year to boost its production capacity to support demand from commercial and defense clients. The company will invest nearly $450 million in 22 GE Aerospace facilities across 14 states in the United States and $100 million in some...
Market Chatter: Repay Exploring Potential Deal
Market Chatter: Repay Exploring Potential Deal
Mar 12, 2024
10:40 AM EDT, 03/12/2024 (MT Newswires) -- Repay Holdings ( RPAY ) has hired an adviser and approached private equity firms about a potential sale, Fortune reported Tuesday, citing four unnamed banking sources. The payments company could sell the whole or parts of itself, according to the report. Repay did not immediately respond to a request for comment from MT...
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