A couple of days before the quarterly report, the board of directors of NVIDIA announced a 1 to 4 split of the company’s shares. If the meeting of shareholders supports the split, the corrected shares will start trading on July 20th. The news made the quotations of the tech company grow by 2.6%.
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A microcircuit manufacturer AMD announced a shares buyback program for up to $4 billion. The shares will be bought in the open market. It isn’t clear how long the program will last. AMD shares already grew by 5% in two days.
The steep growth of inflation scared investors but this is no reason to seek refuge in cash. This article enumerates the companies the shares of which might grow with inflation so high.
Bill & Melinda Gates Foundation sold the shares of such companies as Apple, Amazon, Twitter, Walmart, FedEx Corporation, United Parcel Service, and Canadian National Railway. The shares of Apple and Amazon dropped while Walmart and Twitter shares grew.
In this article, we’ll talk about an IPO of Procore Technologies, the company that developed a cloud platform for construction companies to help them significantly improve the quality of their services.
Walt Disney reported the results of Q2, financial 2021. The revenue dropped by 13% but the net profit grew by 95%. However, the number of paid subscriptions turned out to be inferior to the expectations of analysts. Walt Disney shares dropped by almost 3%.
Xiaomi will be excluded from the list of Chinese companies that American individual investors and legal entities may not invest in. This news made the shares of the company grow by 6.1%.
Janet Yellen mentioned an increase in interest rates, and market players got seriously worried. Are there reasons for any increase, or can they do without it? What other options of cooling the economy down the Fed has? All these questions are answered in the article.
Colonial Pipeline put its work to a halt due to a hacker attack. Oil prices grew by 1.5%. Fuel shortage on the East Coast interrupted the work of airlines, and a state of emergency was declared in Florida.
In this article, I’ll tell you about the Direct Public Offering of SquareSpace, a company that helps individual entrepreneurs to create websites for their businesses without having any programming skills. Unlike many other tech companies, SquareSpace is entering the market being a profitable company.
Volkswagen reported its results in Q1, 2021: the revenue grew by 13.3%, and the net profit – by 560%. Sales volume increased by 21%, specifically electric car sales – by 100%. Volkswagen shares dropped by almost 1%.
The unexpected growth of Nokia’s revenue caught investors by surprise. After one trading session, the shares grew by 10%. What was the catalyst of such growth and is there a chance for further development? Find answers in our article.
Pfizer reported growth of its quarterly revenue and profit by 45%. Sales of the vaccine against COVID-19 yielded $3.5 billion, which was 59% than forecast. However, after the report was published, the shares grew by 0.3% only.
In this article, I’d like to tell you about an IPO of The Honest Company, which popularizes a healthful lifestyle and conscious consumption. The company’s founder is a Hollywood celebrity, Jessica Alba.
Amazing quarterly reports of US IT giants - Alphabet, Apple, Facebook, Amazon, and Microsoft – made the S&P 500 and NASDAQ indices grow. The former grew by 0.8% to 4211.47 points during a week and the latter – by 0.5% to 14082.55 points.