Robinhood has decided to restrict their users from buying certain stocks (while the hedge funds remain free to do so). We feel this is outrageous and as such thought we would provide a list of alternatives to help you, our readers. Here’s a quick summary of what happened and…
In the wake of an internet forum upending the financial markets, this is the question on everyone’s lips: what is WallStreetBets. The r/WallStreetBets subreddit has long been known to users of the platform as a kind of hive mind for day traders, with users approaching the stock market with…
Mastercard Inc. (NYSE: MA) published its earnings report for the fiscal fourth quarter on Thursday that topped analysts’ estimates for profit and revenue after missing estimates in the prior quarter (Q3). Mastercard shares jumped more than 3.5% in premarket trading on Thursday. The U.S. firm now has a…
McDonald’s Corp (NYSE: MCD) said on Thursday that its earnings and revenue missed Wall Street estimates in the fiscal fourth quarter. The company attributed its dovish performance to the ongoing Coronavirus pandemic that weighed on its business in recent months. The COVID-19 crisis has so far infected more than…
Comcast Corp. (NASDAQ: CMCSA) reported its financial results for the fiscal fourth quarter on Thursday that came in better than what analysts had anticipated. The company also expressed confidence that its share repurchase programme will resume by the end of the year. Comcast’s board approved a 9% increase in…
GameStop Corp (NYSE: GME) shares continued the bull run on Wednesday as a list of high-profile short-sellers announced to have pulled out of their positions. The stock closed at around £255 per share that translates to a roughly 135% intraday gain on Wednesday. At the time of writing, the…
Levi Strauss & Co. (NYSE: LEVI) published its earnings report for the fiscal fourth quarter on Wednesday that topped analysts’ estimates for earnings and revenue. The retailer, however, warned that foot traffic continued to be weaker at its stores due to the ongoing Coronavirus pandemic. The novel flu-like virus…
Facebook Inc. (NASDAQ: FB) said on Wednesday that its financial performance in the fiscal fourth quarter was better than expected. The company, however, warned of several cross-currents, including the COVID-19 related uncertainty, that might keep it under pressure in 2021. Facebook shares were reported more than 1.5%…
Apple Inc. (NASDAQ: AAPL) said on Wednesday that its sales topped £75 billion for the first time in history on the back of robust demand for its all-new iPhone 12. The technology giant reported £81.36 billion of revenue in the fiscal first quarter versus the year-ago figure of £67.06…
Tesla Inc. (NASDAQ: TSLA) said on Wednesday that its sales in the fiscal fourth quarter came in better than expected. It was the sixth consecutive quarter that the U.S. firm concluded with profit. The company, however, earned less than what analysts had anticipated in Q4. Tesla shares slid…
VF Corp. (NYSE: VFC) said on Wednesday that its revenue in the fiscal third quarter came in weaker than expected. The company, however, earned more in Q3 than what analysts had anticipated. Shares of the company tanked 1.5% in premarket trading on Wednesday and lost another 3.5% on market…
Abbott Laboratories (NYSE: ABT) published its earnings report for the fiscal fourth quarter on Wednesday that came in better than what analysts had anticipated. The company attributed its hawkish performance to robust demand for its COVID-19 tests amidst the pandemic that has so far infected more than 26 million…
The Boeing Company (NYSE: BA) said on Wednesday that its loss in the fiscal fourth quarter came in significantly wider than expected. Its revenue in Q4, however, slid less than what analysts had anticipated. Boeing shares were reported about 3.5% down in premarket trading on Wednesday. The stock is…
AT&T Inc. (NYSE: T) reported its financial results for the fiscal fourth quarter on Wednesday that topped analysts’ estimate for profit and revenue. The company attributed its hawkish performance primarily to robust demand for HBO Max and its post-paid services in recent months. AT&T shares were reported about…
Starbucks Corporation (NASDAQ: SBUX) said on Tuesday that its revenue in the fiscal first quarter came in weaker than expected. The American multinational, however, earned more than the analysts’ estimates in Q1. Starbuck’s board approved 32.76 pence per share of dividend on Tuesday. Starbucks shares, that you can…
Advanced Micro Devices Inc. (NASDAQ: AMD) said on Tuesday that its financial performance was better than expected in the fiscal fourth quarter. The company also gave future guidance that topped analysts’ estimates. AMD shares initially jumped roughly 4% in extended trading on Tuesday but then lost nearly 5% later…
Microsoft Corp. (NASDAQ: MSFT) reported its financial results for the fiscal second quarter on Tuesday that topped analysts’ estimates for earnings and revenue. Microsoft shares were reported more than 4% up in after-hours trading on Tuesday. Including the price action, the stock is now trading at a per-share…
Verizon Communications Inc. (NYSE: VZ) reported its financial results for the fiscal fourth quarter on Tuesday that topped analysts’ estimates for earnings and revenue. Shares of the company, however, were still reported about 0.3% down in premarket trading. Verizon shares are currently exchanging hands at £41.43 after recovering from…
The American Express Company (NYSE: AXP) said on Tuesday that its fourth-quarter earnings and revenue saw a decline on a year over year basis. As per the NYSE-listed company, it released £81 million of funds in Q4 that it had previously set aside to cover for bad loans amidst…
Johnson & Johnson (NYSE: JNJ) reported its financial results for the fiscal fourth quarter on Tuesday that topped Wall Street estimates despite the impact of the ongoing Coronavirus pandemic. J&J topped analysts’ forecasts in the prior quarter (Q3) as well. J&J shares gained close to 2% in premarket…
General Electric Co. (NYSE: GE) said on Monday that its free cash flow and revenue in the fiscal fourth quarter topped experts’ forecast. But profit, it added, was weaker than expected in Q4. In separate news from the United States, Leon Black said on Tuesday that he will…
3M Co. (NYSE: MMM) said on Tuesday that its earnings and revenue in the fiscal fourth quarter came in better than what analysts had anticipated. 3M jumped 2% in premarket trading on Tuesday. Shares of the company that you can learn to buy online here, are now trading…
H.B. Fuller Co. (NYSE: FUL) published its earnings report for the fiscal fourth quarter on Monday that came in better than expected, despite the ongoing Coronavirus pandemic that has so far infected more than 25 million people in the United States and caused over 430 thousand deaths. The company…
AMC Entertainment Holdings Inc. (NYSE: AMC) said on Monday that it boosted its finances by £671 million that helped cushion the economic blow from the ongoing Coronavirus pandemic that has so far infected more than 25 million people in the United States and caused over 430 thousand deaths. Chief…
Kimberly-Clark Corp. (NYSE: KMB) reported its financial results for the fiscal fourth quarter on Monday that topped analysts’ estimates for earnings and revenue. The company also raised its dividend by 6.5% on Monday and announced a new stock buyback programme valued at £3.66 billion. Kimberly shares are currently about…
