1.JP MORGAN: JPMorgan reported on Wednesday third-quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations. JPMorgan announced earnings per share of $3.74 on revenue of $29.65B. Analysts polled by Investing.com anticipated EPS of $3 on revenue of $29.86B. JPMorgan shares are up 30% from the...
1.TESLA: Tesla stock traded 1.6% higher in Monday’s premarket as the company recorded a 73% jump in deliveries in the third quarter. The company handed over 241,300 vehicles while production jumped 64% to 237,823 units. Tesla delivered a combined 232,025 Model 3 sedans and Model Y compact sport-utility vehicles...
1.COCA-COLA :-Coca-Cola Co raised its full-year sales and profit forecasts on Wednesday, as demand rebounds for its beverages from the re-opening of theaters, restaurants and stadiums. Shares of the world’s largest soda maker rose 2% in early trading. Revenue in Coca-Cola’s North America business rose 28% in the second...
1.CITIGROUP: Citigroup’s corporate and investment banking revenue for its Saudi Arabia business has “nearly tripled” since returning to the kingdom in 2018, a senior executive said on Thursday. Citi obtained a capital markets licence in 2017, allowing it to return to the kingdom in 2018 after a 13-year absence. It...
1.GOOGLE:An attorney for the U.S. The Justice Department said on Tuesday that he wanted depositions planned for August in an antitrust lawsuit against Alphabet’s Google to be live rather than on Zoom. The government hopes to question, or depose, three people in August, one Google employee and two people...
1.FACEBOOK: Australia’s competition watchdog is looking into a claim that Facebook Inc refused a publisher’s request to negotiate a licensing deal, the regulator told Reuters, setting the stage for the first test of the world’s toughest online content law. The Conversation, which publishes current affairs commentary by academics, said it...
