Articles
NIO October delivery numbers are in
NIO reported its latest delivery numbers for October before the opening bell on Monday. The company delivered 3,667 cars last month, a 27.5% decrease year-on-year. The ''Chinese Tesla'' highlighted that the delivery results were impacted by restructuring and upgrades of manufacturing lines as well supply chain issues. The deliveries in Octobe...
Apple reports Q3 results
Apple reported their Q3 financial results after the closing bell on Thursday, missing Wall Street analyst expectations. The company reported revenue of $83.36 billion on the third-quarter (up by 29% year-over-year), below analyst forecast of $84.85 billion. Earnings per share at $1.24 a share, in line with the forecast. iPhone revenue at $3...
Mastercard Q3 numbers are in
Mastercard reported their financial results for Q3 before the opening bell on Thursday. The company beat Wall Street expectations – let’s take a closer look at the numbers. The financial services company reported net revenue of $5 billion in the third-quarter of 2021, up by 30% year-on-year. Earnings per share at $2.37 per share vs. $2.19 a ...
I’m lovin’ it – McDonald’s tops Q3 expectations
McDonald’s reported their third-quarter financial results before the opening bell on Wednesday, topping Wall Street analyst expectations. The fast-food company reported total revenue of $6.20 billion in the quarter vs. $6.04 billion expected. Earnings per share at $2.76 a share vs. $2.46 a share forecasted. The company also reported a 7% in...
Coca-Cola beats Wall Street estimates for Q3
The Coca-Cola company reported their Q3 financial results before the opening bell on Wednesday. The company reported total revenue of $10 billion on the third quarter of 2021, beating analyst forecast of $9.75 billion. Earnings per share also topped analyst expectations on Wall Street at $0.65 per share vs. $0.58 per share expected. ''Our str...
Tesla beats Wall Street expectations in Q3
Tesla, world’s largest automaker (by market cap) reported its third-quarter financial results after the closing bell on Wall Street on Wednesday, topping analyst estimates. The company reported total revenue of $13.76 billion in Q3 vs. $13.63 billion expected. Earnings per share was at $1.86 a share vs. $1.59 per share expected. ''Total rev...
Netflix beats Q3 expectations
Netflix reported its third-quarter financial results after the closing bell on Tuesday, delivering solid numbers and beating Wall Street analyst predictions. The online streaming service reported earnings per share at $3.19 per share vs. $2.56 a share expected. The total revenue was $7.48 billion (up 16.3% from the same time last year) in the th...
Goldman Sachs top Q3 expectations
Goldman Sachs reported their third quarter financial results before the opening bell on Friday. The company topped Wall Street analyst expectations, beating both total revenue and earnings per share estimates. Total revenue was reported at $13.61 billion vs. $11.68 billion expected. Earnings per share at $14.94 a share vs. $10.18 per share forec...
Earning season continues – US banking giants report Q3 results
The third quarter earnings season is heating up nicely over in the US, with some of the world’s largest banks reporting their latest financial results. Morgan Stanley, Bank of America Corp, Citigroup, and Wells Fargo & Co reported their numbers before the opening bell on Thursday. Morgan Stanley The company reported total revenue of $14...
Q3 earning season is here – JPMorgan reports
JPMorgan reported their Q3 financial results before the opening bell on Wednesday. Let’s take a closer look at the numbers. The company reported total revenue of $30.44 billion in the third quarter of the year, beating analyst expectation of $29.80 billion. Earnings per share at $3.74 per share – also above analyst forecasts of $3 per share....
Global equities and risk currencies slide in September
September saw a major shift to risk off, with global equity markets having their worst month of 2021. Risk sentiment linked currencies and cryptos also performed poorly as the traditional seasonal weakness of September, increasingly hawkish central banks and other macro issues weighed on investor sentiment. Global Equities September lived up to...
Setting Smart Stops: An In-Depth Look at Moving Averages as Trail Stops
Definition of Moving Average In trading, moving averages are often used to smooth out price data to generate trend-following indicators. The most commonly used types are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). A Simple Moving Average is calculated by defining a period, e.g., 10—or, in other words, the last 10...
The VIX Explained: What Every Trader Needs to Know
Introduction The VIX Index, or Volatility Index, often referred to as the "fear gauge," measures expected future volatility in the U.S. stock market. Although it's worth noting that there are VIX variations for gold, oil, and global indices, when people discuss the VIX, they usually refer to the instrument based on the implied (forward looking ...
NIO August delivery numbers are in
NIO reported its latest delivery numbers for last month before the opening bell on Wednesday. The ''Chinese Tesla'' delivered a total of 5,880 vehicles in August – a 48.3% year-on-year increase. About NIO NIO is a Chinese car manufacturer founded in 2014 by William Li, a Chinese business executive, and entrepreneur. Its headquarters are bas...
How do dividend adjustments work on my Index CFD position?
Cash stock indices such as the Dow 30, FTSE 100 and ASX 200 are made up of constituent stocks which is where their price is derived from. These constituent stocks of an index will periodically pay dividends to shareholders, causing a drop in that stocks price and impacting the overall value of the index. With GO Markets this index adjustment wi...