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...
European stocks extended losses on Wednesday as investors were unnerved by the prospect of rising inflation slowing growth, while software group SAP’s strong earnings forecast helped limit losses in Germany’s blue-chip index. By 0710 GMT, the pan-European STOXX 600index slipped 0.4%, the German DAXwas down 0.2% and France’s CAC40...
Brent Oil was trading 0.27% up at $83.82. Oil rose towards $84 a barrel on Tuesday, within sight of a three-year high, supported by a rebound in global demand that is contributing to energy shortages in big economies such as China. With demand growing as economies recover from pandemic lows,...
TOYOTA: Toyota Motor Corp in December wants to restart production curtailed by component shortages with a rebound in shipments from pandemic-hit suppliers that may help it claw back around a third of output lost to supply disruptions, three sources familiar with the carmaker’s plans said. Toyota last month cut its...
Brent Oil was trading 2.46% up at $84.42. Oil prices rose more than 2% on Monday, extending gains as an energy crisis gripping major economies shows no sign of easing amid a pick up in economic activity and restrained supplies from major producers. Brent Crude was up $1.70, or...
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...