Source: Dreamstime | Photographer: Jenifoto406
We are informing all our clients that, due to the upcoming Thanksgiving holiday in the U.S., the trading hours of some CFD markets will be changed on 26 and 27 November 2020.
Category Archives: Market news
Home Depot Earnings Exceed Estimates As Home Deliveries Continue to Soar
Source: Dreamstime
Reading time: 2 minutes
On Tuesday, the popular U.S. home supply chain reported that its Q3 earnings for 2020 greatly exceeded expectations, with sales rising 24% compared to last year.
CVS Health Corp Raises Its 2020 Earnings Guidance After Q3 Revenue Exceeded Expectations
Source: Pixabay
Reading time: 2 minutes
Last Friday, CVS shares were up by nearly 6% at market close on the news that the company has generated higher-than-expected income after it expanded its drugstore chain business to also include health services covering all needs – from basic health insurance to COVID-19 testing. In its latest earnings call, CVS Health Corp also announced a new CEO.
Exxon Mobil Reports A Third Disappointing Earnings Quarter in a Row, Revenue is Down Nearly 30%
Source: Dreamstime
Reading time: 2 minutes
On Friday, shares of the multinational oil and gas company declined by 1% (53% so far in 2020) due to hindered performance, caused by crashing oil demand across the globe.
Pinterest Surprises Wall Street Analysts with a Strong Quarter, Citing Heightened Demand for Ad Services
Source: Pixabay | Photographer: FirmBee
Reading time: 2 minutes
Shares of the social media platform rose by nearly 27% this Thursday upon announcing a stronger-than-expected financial performance despite the ongoing pandemic.
Intel Shares Decline Despite Strong Quarter Due to Weak Performance From Its Data Centre Unit
Source: Pixabay | Photographer: Akela999
Reading time: 2 minutes
Intel shares fell as much as 10% in extended trading on Thursday after the chipmaker reported fiscal third-quarter earnings that were stronger than expected, but also exposed the underwhelming performance of its data centre business.