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Boeing executives are adding to the optimism of skeptical investors

On Wednesday, Boeing Co.'s top executives talked about their forecast to increase airplane supplies and grow in free cash flow next year.

3 November 2022
EBay's quarterly results beat expectations amid focus on luxury items

EBay Inc. released its third-quarter 2022 report Wednesday, outperforming Wall Street’s estimates. Consumers, trying to avoid the impact caused by soaring inflation, started to purchase refurbished goods.

3 November 2022
Free Cash Flow of Boeing will be from $3 to $5 billion in 2023

On Wednesday, Boeing Chief Financial Officer Brian West notified investors that the company’s revenue in the new year will be $3-5 billion upon payment of all tax liabilities. These forecasts were announced at the conference for investors ahead of the increasing supplies of airplanes 737 MAX и 787.

3 November 2022
Amazon freezes hiring in advertising business

Amazon Inc. is postponing a hiring process in its advertising division. These actions point to cuts in the world's largest e-commerce platform’s spending due to the sales slowdown.

2 November 2022
Apple's App Store Revenue Declines

On Thursday, analysts of BofA Securities published a note indicating that Apple's shares still have a neutral rating and the $160 price target. Investors announced that App Store revenues declined in comparison with the previous year.

2 November 2022
Uber revenue beats estimates

The company’s revenue rose 72% to $8.34 billion and adjusted profit was $516 million, both beating estimates.

2 November 2022
Pfizer raises sales prediction for COVID-19 vaccine

Pfizer Inc's annual sales prediction for its COVID-19 vaccine increased by $2 billion to $34 billion.

2 November 2022
iPhone production at a major factory in China may drop by 30%

Tightening restrictions on COVID-19 in China may cause a 30% drop in iPhone production.

1 November 2022
Energy sector stocks are shining on Wall Street thanks to strong earnings

Stocks of technology-oriented megacapital companies dropped due to disappointing results. In contrast, stocks of energy companies continued their rapid rise

1 November 2022
Caterpillar's position has become more resilient amid margin recovery

Analysts at UBS revised their rating on Caterpillar from "Buy" to "Neutral," raising their target price from $225 to $230.

1 November 2022