Source: Dreamstime
Reading time: 2 minutes
Despite a 6.9% year-over-year increase in the company’s revenue and record net bookings for fiscal Q3 2022, it still didn’t match analysts’ expectations for $2.66 billion.
Exxon Mobil Delivered Strong Fourth-quarter Profits on the Wings of Surging Oil and Gas Prices
Source: Dreamstime
Reading time: 2 minutes
A big reason why Exxon managed to secure a solid financial foothold this quarter is the significant spike in crude oil, which has reached levels not seen in over seven years.
The multinational oil and gas corporation reported year-over-year revenue growth of over 80%, which has allowed it to kickstart its share buyback program as early as in the first quarter of 2022.
General Electric Reported a Weak Quarter Mired in Supply Chain Woes, Forecasts Better Performance in 2022
Source: Dreamstime
Reading time: 2 minutes
Besides delayed deliveries, the Boston-based industrial conglomerate is also wrestling with inflation, which has led to higher transportation costs and prices of key commodities, such as steel.
The Top U.S. Performers of 2021, According to DeltaStock’s Chief Financial Analyst Ivaylo Chaushev
Source: Pexels | Author: Skitterphoto
Reading time: 5 minutes
“The US500 index did incredibly well in 2021, mainly thanks to companies like Apple, which has reached a market cap of close to $3 trillion and whose share price has skyrocketed by 40%, Microsoft, whose share price rose by 53% on an annual basis, Amazon (7% increase), Alphabet (68% increase) and, of course, Tesla (64% increase). That being said, I won’t be discussing these companies here, but rather the ones that really took the index to the next level in 2021.”
Ivaylo Chaushev, chief financial analyst of DeltaStock
Tilray Inc Will Rebrand Itself to Tilray Brands Inc, Reported a Surprisingly Upbeat Quarterly Profit
Source: Dreamstime
Reading time: 2 minutes
At its earnings conference this Monday (14.01), the famous Canadian cannabis producer announced further budget cuts to a total of $100 million and promised to bring further innovations into the now overcrowded local hemp market. The news sent Tilray’s shares up by 15% to $9.39.
Changes to Trading Hours (17 January 2022)
Source: Dreamstime | Author: David Pillow
We are informing all our clients that, due to the upcoming Martin Luther King Day holiday in the U.S., the trading hours of some CFD markets will be changed on 17 January 2022.