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Apple earnings report is released at 00:00 MT time on January 29.
Currently, Apple stock is traded at $319 per share. On October 30, the day when the previous report was released, the stock was at $244. Hence, it rose by $75 within three months – a 30% growth! Any investor in a healthy state of mind would call that a booming phase. In fact, the last six months have been showing a non-stop growth for this stock. It has to be noted that the price did not react much to the better-than-expected figures of the report – both revenue and EPS. Probably, the market is already used to better-than-thought results and needs something much more impressive than slightly outperforming EPS. January 28 will show if the results are impressive enough to move the price. Meaning, to push the price even higher than it is “naturally” rising already. Be ready: as the report is released at midnight of January 28/00:00 January 29 MT time, you have to prepare your positions during the day on January 28. Be on time and ride the tide!
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
Richard Branson offloaded nearly 10 million shares, which equals about 4% of the Virgin Galactic stock, leaving him with an 18% stake.
Today at 00:00 GMT+3 SPCE will present the second quarter 2021 financial results. We will get to know everything about the company's financial condition and plans.
Last week was full of surprises! Stock indices have shown significant growth…
The US dollar is heading to close the seventh day in the red as it remains under selling pressure. The US data at 15:30 GMT+3 (jobless claims and Philly Fed Manufacturing Index) may support the greenback if it's strong.
Canada will publish the Retail Sales and Core Retail Sales on October 22, at 15:30 MT time (GMT+3).
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