Microsoft and Alphabet search revenue have been noted to have a direct correlation. GOOGL stock price may go down in the nearest future,
For the September quarter, Microsoft managed to comfortably beat Street estimates driven by a significant surge in the demand for its Azure cloud and software services.
Despite the Deutsche Bank group’s impressive earnings, the firm’s stock price is down. With a 3.09% drop at the end of trading on Tuesday, it closed at $9.25.
As the agreement closes in 2021 expectedly, AMD investors will possess 74% of the combined company, leaving Xilinx shareholders with 26%.
Volatility has once again ensured the stock markets which are facing a double whammy with the rising coronavirus cases on one end and the halting stimulus talks. Markets are losing confidence with a gloomy outlook ahead.
As HSBC has reported, its third-quarter profit before tax is down 36% year-on-year, at $3.1 billion. The after-tax figure is $2 billion (46% down), adjusted profit before tax is down 21% to $4.3 billion.
The dip in the shares of SAP was further compounded by the company’s update of its Business Outlook for 2020.
In a bid to bolster its stocks’ future, Tesla is aiming to venture into the market of Europe.
According to the latest analysis, major U.S. equity benchmarks Like Dow Jones recorded a decline of 180 point. This decline has been linked to the 83,000 new coronavirus cases recorded in Sun Belt State over the weekend.
Shares of Samsung parent group and its affiliates jumped as a major restructuring will help to strengthen holding company Samsung C&T’s control over Samsung Electronics – the manufacturer of smartphones and chipsets.
Huawei Technologies today announced its earnings for the past nine months with figures beating off expectations.
The Edition 1 model of GM electric Hummer pickup will be available in fall 2021. Its price starts at $112,595. The reservation for the truck is already full.
During the fiscal third quarter that ended on September 26, Intel reported $1.11 EPS on an adjusted basis with a revenue of $18.33 billion.
During Q3 2020, Barclays managed to significantly reduce provisions for the loan losses thereby putting less budget for bad loan provisioning. Its corporate and investment banking (CIB) division shows strong performance during the tough times.
While Goldman Sachs is neutral on Peloton shares, KeyBanc Capital Markets analyst Edward Yruma raised his price target for the shares in anticipation of imminent bullish price moves.