Articles
Woolworths’ latest green light from Goldman Sachs explained
Woolworths Group Limited is an Australian trans-Tasman retailer headquartered in Bella Vista, Sydney, with extensive operations throughout Australia and New Zealand. It is the largest company in Australia by revenue and the second-largest in New Zealand. Goldman Sachs has labelled Woolworths as a buy in their latest broker note release. Woolwort...
JB Hi-Fi may have just successfully weathered the pandemic
JB Hi-Fi is an Australian/New Zealand consumer electronics, Home Appliances and Technology retailer. The company operates 316 stores across Australia and New Zealand. JB Hi-Fi appears to be still going strong despite the general retail disruptions brought on by COVID-19. Based on the uncertain nature of the pandemic, they are having issues with ...
Telstra, TLS Dividend and Price Action
Telstra Corporation Limited is an Australian telecommunications company which builds and operates telecommunications networks and markets voice, mobile, internet access, pay television and other products and services. It is a member of the S&P/ASX 20 and Australia's largest telecommunications company by market share. Key points Tels...
Dividends and who’s paying them in April?
A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a proportion of the profit as a dividend to shareholders. How do stock dividends work? A dividend is paid per share of stock — if you own 30 shares in a company and that company pays $2 in annual cas...
Xpeng tops estimates in Q4
Xpeng Inc. reported its Q4 2021 financial results before the market open in the US on Monday. The Chinese electric vehicle company topped Wall Street expectations, beating both revenue and earnings per share estimates. World’s 21st largest automaker reported total revenue of $1.764 billion in the quarter (200.1% increase year-over-year) vs. $1...
Market set for another volatile week
The market looks for another volatile week as geopolitical concerns and high commodity prices look likely to remain a key factor in the last week of March. Market sentiment will also be dictated by the Federal Reserve's responses to key core figures coming out later this week. Commodities Oil prices are set to remain in focus with concerns fr...
What Premier Investments’ latest results tells us about Retail sector post pandemic
Premier Investments is a company that was established as an investment vehicle to maximise growth in capital returns to shareholders through the acquisition of controlling or strategic shareholdings in premier Australian companies, with a particular focus on retailing, importing and distributing. Premier Investments’ Half-Year Results Premi...
NIO Q4 2021 results have arrived
NIO Inc. reported its fourth quarter 2021 financial results after the market close on Wall Street on Thursday. The Chinese electric vehicle maker reported revenue of $1.558 billion (49.1% increase year-over-year) that was above analyst forecast of $1.537 billion. NIO reported higher than expected loss per share in the fourth quarter of -$0.17...
Western Countries consider new sanctions against Russia, limiting their access to gold.
The USA and other Western nations have intimated that they are planning to block Russia's access to its international stockpile of gold. Russia has so far been able to use gold to support the Rubel as a tool to reduce the impact of sanctions. Russia has been able to trade gold assets for more liquid foreign exchange that have not been subject to cu...
Oil spikes again on fears of supply shortages
US indices retraced overnight as the market took a step back to assess the recent rally. The Nasdaq finished down 1.32%, the Dow Jones Index was down 1.29% and the S&P 500 was 1.23% in the red. Despite the selling, the session was still a far cry from recent sell-offs. In Europe, the DAX slumped 1.31% after showing some strength early in the...
A quick surveillance on the Australian drone sector
Drones are slowly becoming mainstream in our airspace. Along with unmanned aviation vehicles (UAV), these high flying devices can commonly be reported as a potential UFO. There has been quite a lot of hype over potential growth of the drone market. The potential value of the global drone industry has been estimated to double within the next five...
US stocks continued moving up overnight with the technology sector outperforming
The US technology sector rose again last night and worked back the losses from the previous day of trading as the market came to grips with the Federal Reserve’s announcement surrounding interest. Tesla was a standout performer and has seen a huge rise in the last week rising more than 20% and rising 7.91% overnight. The Nasdaq moved up 1.95%. Th...
Adobe’s latest numbers are in
Adobe Inc. reported its financial results for fiscal first quarter 2022 after the closing bell on Wall Street on Tuesday. The American software company reported revenue of $4.262 billion in the quarter (9% increase year-over-year), slightly beating analyst forecast of $4.241 billion. Earnings per share reported at $3.37 per share in the Q1 vs...
An update on Jerome Powell’s (Federal Reserve) latest speech
The US Federal Reserve (Fed) has recently doubled down on their hawkish views, after Jerome Powell’s latest speech. There are preparations to substantially increase the interest rate in May. The speech has subsequently put pressure on the Australian Reserve Bank (RBA) to raise the interest rate at a faster pace. Mr Powell said “the US centra...
Pfizer’s Performance and the 4th Booster Plan
Pfizer Inc. is an American multinational pharmaceutical and biotechnology corporation headquartered on 42nd Street in Manhattan, New York City. The company was established in 1849 in New York by two German immigrants, Charles Pfizer and his cousin Charles F. Erhart. They have been uniquely positioned to be a leading company in the fight against ...