Market Spotlight: Computacenter Shares Jump on Profit Guidance
Better 2022 Results Shares in UK listed Computacenter, Europe’s chief independent provider of IT infrastructure services, are up over 7% today. The move comes in response to updated from the company today with 2022 results now projected to be better than initially expected. Total revenues over last year were seen 30% above the company’s own […]
Market Spotlight: Fevetree Shares Tank On Fresh Profit Warning
Rising Costs Hurt ProfitsShares in UK beverage maker Fevertree are bouncing back today after a more than 15% plunge from yesterday’s closing price. The company, famous for making tonic mixers, issued a profit warning ahead of its upcoming earnings report in March. Fevertree warned that profits for 2023 would likely be lower as a result […]
Microsoft Shares Surge After Hours on Mixed Earnings – A Dow Recharge Tomorrow?
Microsoft (MSFT), Earnings, FAANG, Tech, Nasdaq 100 and Dow Talking Points: The Market Perspective: Nasdaq 100 Range from 11,600 to 10,600 While tech-giant Microsoft reported a better-than-expected $2.32 EPS, its revenues fell approximately $700 million short of consensus estimates Despite the mixed basic financial performance, MSFT shares rallied as much as 5.3 percent higher from […]
Market Spotlight: GS Shares Plunge As Q4 Results Worst in Decade
GS Shares Tank on Q4 ResultsShares in Goldman Sachs are on the backfoot today following heavy losses yesterday amidst a weaker-than-expected set of Q4 earnings. On the back of solid results from JPM and Citi last week, investors were hoping for a similar display from Goldman. However, with EPS coming in at $3.32 vs $5.56 […]
China mainland and HK shares rising, yuan too
The reopening trade, and the propping up of property, continues to provide a tailwind for China. China stocks higher on the session: Onshore yuan got a circa 6950 point revaluations at the reference rate setting today: Weekend news from China: (Gold Gold Gold is the most widely traded and important commodity. Prized for its historical […]
Alibaba Shares Higher Again Following Financing News |
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