Disney’s magic appears in the presentation of its results
PipSpread | Forex Blog
by Leen Daoud
2y ago
Disney results for the second quarter of 2021 were presented yesterday. Analysts were eager to know how the company performed in a quarter marked by the evolution of the pandemic, following the drop in revenue of the first quarter. However, The post Disney’s magic appears in the presentation of its results appeared first on PipSpread ..read more
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EBay disappoints with revenue results but surprises with EPS
PipSpread | Forex Blog
by Leen Daoud
2y ago
Yesterday, the results of California-based internet retail giant eBay were presented. Over the past week, eBay’s share price has been under heavy pressure, falling more than 11% since the release of Amazon’s disappointing results on 29 July – which had The post eBay disappoints with revenue results but surprises with EPS appeared first on PipSpread ..read more
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SoftBank’s results beat analysts’ expectations
PipSpread | Forex Blog
by Leen Daoud
2y ago
Yesterday, the Japanese multinational Softbank Group Corporation published their results. The quarterly report showed that its revenue was higher than had been forecasted. This higher revenue resulted in a positive Earnings per Share of 407.86 yen, compared to the expected The post SoftBank’s results beat analysts’ expectations appeared first on PipSpread ..read more
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BioNTech increases revenue by more than 12,500%
PipSpread | Forex Blog
by Leen Daoud
2y ago
Yesterday, the German company BioNTech presented its quarterly results. Analysts expected its revenue to grow from $41.76 million in August 2020 to $3,250 million, a growth of 7,600% in a single year. However, expectations fell far short of reality. The The post BioNTech increases revenue by more than 12,500% appeared first on PipSpread ..read more
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Blackstone acquires 9.9% of insurance and pension business AIG
PipSpread | Forex Blog
by Leen Daoud
2y ago
During yesterday’s session, Blackstone and AIG announced that they had reached an agreement for the US fund to acquire 9.9% of the insurance and pension business. This is part of AIG’s strategy to convert its pension division into an independent The post Blackstone acquires 9.9% of insurance and pension business AIG appeared first on PipSpread ..read more
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Intel may be interested in acquiring GlobalFoundries
PipSpread | Forex Blog
by Leen Daoud
2y ago
Whilst we are waiting for Intel to publish its quarterly results on 22 July, US newspaper the Wall Street Journal has published reports that the company, chaired by Pat Gelsinger, may be interested in acquiring GlobalFoundries for a value close The post Intel may be interested in acquiring GlobalFoundries appeared first on PipSpread ..read more
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Zoom’s purchase of Five9 could total $1.4 billion
PipSpread | Forex Blog
by Leen Daoud
2y ago
During yesterday’s session, we learned the news that the popular videoconferencing application Zoom has reached an agreement for the acquisition of Five9 for a total of $14.7 billion in an operation that could be completed during the first half of The post Zoom’s purchase of Five9 could total $1.4 billion appeared first on PipSpread ..read more
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Tesla presents results and continues to break records
PipSpread | Forex Blog
by Leen Daoud
2y ago
Tesla, the world’s largest electric car maker, released its second-quarter results yesterday, beating all analysts’ forecasts. The manufacturer almost doubled its quarterly revenue compared to the previous year, reaching $11.958 dollars. This figure is nearly $500 million higher than analysts’ The post Tesla presents results and continues to break records appeared first on PipSpread ..read more
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Nvidia shares boost after increased demand
PipSpread | Forex Blog
by Leen Daoud
2y ago
One of the companies that has had the best performance in the stock market during the last year is that of Nvidia. From the lows of March 2020, close to $180, the company has experienced a spectacular bullish rally that The post Nvidia shares boost after increased demand appeared first on PipSpread ..read more
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Robinhood’s IPO did not quite go to plan
PipSpread | Forex Blog
by Leen Daoud
2y ago
Thursday saw Robinhood’s long awaited stock market debut on the Nasdaq Stock Market. But it did not go quite according to plan. At around 12:30 EDT (17:30 BST), shares began trading at $38, the lower end of its $38 – The post Robinhood’s IPO did not quite go to plan appeared first on PipSpread ..read more
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