Amid heavy sanctions put by the US, the stock markets are weighing possible options and regulatory information to stop trading of Russia-based businesses.
News that the German factory site of US-based EV maker Tesla would soon start commercial production sent TSLA stock rallying.
Both US and global equities and commodities saw volatile trading throughout last week following an escalated showdown between Russia and Ukraine.
US stock futures have fallen again after staging a remarkable comeback following the ongoing showdown between Russia and Ukraine.
The investigation is escalating the existing tension between Musk and the SEC that has recently accused Tesla CEO of discrimination of employees.
Beyond Meat said grocery sales volume in the US during Q4 lost 19.5% to $49.98 million. The company tied the sales slump to low demand, high discounts, market share loss, and five fewer shipping days than the previous year.
A keynote in the Q4 resultsis that gross merchandise value increased by 16%. Etsy also confirmed a consolidated gross merchandise value of $4.2 billion, up 16.5%.
For the fourth quarter of 2021, eBay reported revenue of $2.6 billion and a revenue of $10.4 billion for the full year.
Russia-Ukraine war-related fears continue to put severe pressure on global stock markets. The US announces a fresh set of sanctions against Russia’s sovereign debt, banks, and high-profile individuals.
Palo Alto Networks recorded a revenue of $1.3 billion, a 30 percent spike year over year, surpassing the Zacks Consensus Estimate by 2.86%.
Amid the ongoing military strife between Russia and Ukraine, US stock futures inched higher as the S&P 500 closed in correction territory.
Virgin Galactic said earlier that the ramp-up of astronaut service would determine a favorable profit.
Despite the fact that the Dow Jones tanked in tandem with broader market sentiments, market expectations remain fluid as investors focus on macroeconomic policies that may emanate from regulators in the coming weeks.
During the fourth quarter, Home Depot reported earnings of $3.21 per share and announced a 15% dividend increase.
According to the JPMorgan strategists, the big drivers of growth remain bond market borrowing costs.