Source: Pixabay | Photographer: David Peterson
We are informing all our clients that, in connection with the upcoming Unification Day of Bulgaria, on September 7th 2020 the DeltaStock customer support team won’t be available.
Author Archive: DeltaStock
Rolls-Royce Posts Huge Losses, Analysts Foresee a Long Recovery Ahead
Source: Pexels
Reading time: two minutes
On Thursday, the multinational engineering company revealed its grim financial situation – in just six months, the British group reached losses of £5.4 billion ($7.1 billion) before tax. The news quickly rippled throughout the markets and sent RR/u shares tumbling by 6%.
Changes to Trading Hours (August 31st 2020)
Source: Unsplash.com | Photographer: Andrea Natali
We are informing all our clients that, due to the upcoming Summer bank holiday in the UK, on August 31, 2020 (Monday), the CFD markets of UK shares and the UK100 index will be closed.
Alibaba Crushes Analyst Forecasts, Posts Strong Commerce and Cloud Computing Earnings
Source: Dreamstime
Reading time: two minutes
While COVID-19 has been a nuisance for most businesses, the stay-at-home situation did lead to increased online shopping. This greatly benefitted leaders in this sector like Amazon, Etsy, Ebay and, of course, Alibaba, which posted net income of 47.59 billion yuan.
Cisco Announces Its Fourth Consecutive Quarterly Revenue Decline, Shares Plummet by 6 Percent
Source: Dreamstime
Reading time: two minutes
The computer networking equipment maker’s revenue decreased by 9% on a year-on-year basis, yet again disappointing investors worldwide. Earnings per share, however, rose by 22% after Cisco managed to reduce its operating expenses by 9%.
Uber Loses on the Ride-sharing Front, Triumphs on the Food Delivery Front
Source: Unsplash | Photographer: Mak
Reading time: two minutes
While the financial results of the ride-sharing company for Q2 2020 did beat Wall Street’s estimates, they were still approximately 29% weaker compared to the same period last year.