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.
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.
IPO volumes over the first six months of 2021 exceeded the results of the whole 2020 - $171 billion against $168 billion. Some $105 billion out of them were generated by mergers with SPACs.
The second week of June is not going to be as fruitful in terms of statistics as the previous one; instead, it will refresh the investors’ understanding of credit and monetary policies of Central banks, as well as provide new estimations of the oil sector.
Zoom Video Communications reported its performance in February-April 2021. Its revenue grew by 191%, net profit – by 741%, operational – by 131%. Zoom shares lost 3.8% over 3 days.
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%.
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.
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%.
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.