Earnings Archives - Movoty Blog

S&P 500 falls in choppy trading as it fights to avoid a bear market

May 19, 2022 Admin

The S&P 500 fell Thursday in uneven buying and selling because the benchmark fought to keep away from a bear market. Buyers continued to dump equities on fears Federal Reserve price hikes to combat fast inflation would tip the economic system right into a recession. The broad market index fell 0.7%, placing it about 19% […]

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Dow tumbles 900 points as heavy selling returns to Wall Street following poor Target, Walmart results

May 18, 2022 Admin

U.S. shares fell sharply on Wednesday after one other main retailer warned of rising value pressures, confirming the fears over inflation which have despatched main benchmarks to massive losses this 12 months. The Dow Jones Industrial Common shed 952 factors, or 2.9%, with the common set for its first loss in 4 days. S&P 500 […]

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Emirates Airline, stung by soaring fuel prices, posts $1.1 billion dollar loss

May 14, 2022 Admin

Plane operated by Emirates, at Dubai Worldwide Airport within the United Arab Emirates. Christopher Pike | Bloomberg | Getty Photos Dubai’s Emirates Airline narrowed its losses to $1.1 billion within the 12 months to March, at the same time as hovering jet gas prices threaten to overshadow a restoration in journey demand. The world’s largest lengthy haul provider stated income jumped 91% to […]

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Coinbase (COIN) earnings Q1 2022

May 11, 2022 Admin

Screens show Coinbase signage throughout the firm’s preliminary public providing (IPO) on the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Photographs Coinbase reported first-quarter earnings that missed analyst estimates after the bell on Tuesday. Shares fell as a lot as 19% in prolonged buying and […]