Company’s reporting

Top Resource extraction Demand Business Regulation Announcements Company’s reporting
Massive profits of oil companies excite anger of White House

The tension between oil companies and Joe Biden increases again. A new round of animosity comes as companies have to report a collective profit near $200 billion.

27 January
Cisco’s income forecast points to steady consumer spending

According to Cisco, quarterly sales for January will increase from 4.5% to 6.5%. Analysts expect revenue to be up 4% compared to last year. Revenue is projected to grow 6.5% in fiscal 2023, up as much as 6% from previous estimates.

17 November 2022
Nvidia's revenue exceeded expectations, the situation with profits is worse

Trading closed on Wednesday, after that Nvidia presented its third-quarter report.

17 November 2022
Home Depot claims that customers are resistant to inflation

Home Depot Inc. revenues and profits have exceeded expectations due to home improvement projects that accumulated during the pandemic.

16 November 2022
Walmart’s shares increased their price after the reports’ publication

Shares of Walmart rose in price by 6.5%, which is the biggest daily growth from March 17, 2020. Such a growth to the highest level occurred only six months after the company's sales and profits exceeded analysts' forecasts.

16 November 2022
Amazon will cut 10,000 jobs this week

Amazon plans to carry out wide-reaching firings of about 10,000 workers this week, as reported by the New York Times, citing unnamed sources.

15 November 2022
Walmart’s profit may decrease due to the decline in the retail trade

Walmart Inc., the largest U.S. retailer by sales volume, is likely to say on November 15 that its profit has declined for the third consecutive quarter as inflation reduces demand and product reserves remain high.

15 November 2022
New data this week: Retailer reports and retail sales statistics

Principal Asset Management Chief Global Strategist Seema Shah stated last week's lower inflation data was greeted with applause in the stock market.

14 November 2022
Home Depot earnings to remain strong despite weakening demand

Retail giant Home Depot is set to post its third-quarter earnings. The data are expected before trading opening on Nov. 15.

11 November 2022
Apple supplier Foxconn records 5% rise in Q3 profit

Foxconn reported third-quarter net income rose 5% to T$38.8 billion ($1.22 billion) from an average estimate of T$41 billion.

10 November 2022

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