ONLINE FOREX BROKER
Despite analysts’ optimistic anticipation of positive Nike’s earnings, the sneaker maker did not excite the market with its fourth-quarter results. Even the rise in online sales could not save the company amid the coronavirus pandemic. As a result, after the market close on Thursday we saw the following figures:
EPS= -0.51 (vs. 0.09 expected). Compared to the Q4 of the previous year, the indicator fell by 182%.
Revenue= $6.31 billion (vs. the forecast of 7.29). This data shows a fall of 38% compared to the fourth quarter of 2019.
In our analysis earlier this week, we highlighted bullish forecasts by several famous analytical companies. The most bearish projections were made by JPMorgan, which set the stock at $104 and Wells Fargo with a price target of $99. Now it seems like the second one demonstrated the most accurate information.
On Thursday, the stock strengthened to $101.44 as buyers were excited ahead of the report. Most likely, the stock will gap down after the opening of the New York trading session at 16:30 MT time. Pay attention to the $96 and $93 levels closely.
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.
Happy Friday, traders! Are you ready to trade at the end of the week? Here’s what you need to know before you start:
Hello, dear traders! We hope you have a great day! Let’s see what news is worth following today! Market closing US stock exchanges will be closed due to the Thanksgiving holiday…
Today, two events will shake the US dollar. First, at 16:45 GMT+2, Markit, a statistical company, will release the US Flash Services PMI. Moreover, at 21:00 GMT+2, the Federal Reserve will release its meeting minutes.
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