The shares of Amazon, Pinterest, and Nikola dropped by 7.6%, 18.24%, and 15.22%, respectively. Quarterly reports of Amazon and Pinterest turned out worse than expected. Nikola founder got accused of scam. Tech analysis of Amazon, Pinterest, and Nikola shares.
Author: Server Ametov
This week, Alphabet, Apple, Facebook, and Microsoft released their quarterly statements. The most important financial data from the reports. Tech analysis of Alphabet, Apple, Facebook, and Microsoft shares.
Tesla’s quarterly report surpassed the expectations of Wall Street analysts. The net profit for the second quarter was record-breaking and reached $1.14 billion. The company’s shares didn’t skyrocket in response. Tech analysis of Tesla shares for July 28th, 2021.
Quarterly statements from Twitter, Snap, and Intel were published on July 22nd. The first company reported the biggest revenue growth over seven years, the second – a 50% decline in losses, while the third one announced drops in both revenue and profit. Tech analysis of Twitter, Snap, and Intel shares
This week, quarterly reports were published by IBM, Netflix, and Coca-Cola. The biggest revenue growth of IBM over three years. The decline in the number of American and Canadian subscribers. Coca-Cola surpassed its pre-covid numbers.
On Monday, global stock indices plunged significantly in response to concerns about the third wave of the coronavirus pandemic. However, the next day many of them managed to recover. Tech analysis of stock indices for July 21st, 2021.
On July 21st, Moderna will join the S&P 500 index. This news made its shares go up by over 10%. Tech analysis of Moderna shares for July 19th, 2021.
This week, the largest US banks — JPMorgan, Citigroup, Wells Fargo, Bank of America, and Morgan Stanley — reported the results of Q2. Check the tech analysis of their shares.
Virgin Galactic shares didn’t skyrocket after the company’s first successful space passenger flight. The news about the additional issue of shares ruined the price of Virgin Galactic shares down to $37.76; they have been falling for three trading sessions in a row. Tech analysis of Virgin Galactic for July 14th, 2021.
Alphabet shares dropped after the company got sued. Apple shares set a new price record. Tech analysis of Alphabet and Apple shares for July 12th.