Deere & Company $DE released its results for the second quarter of fiscal year 2023 yesterday. The results came in well with net income up 36% to $2.9 billion. Earnings per share were $9.65, up from $6.81 for the same period last year. Even so, the company ended the work week in the red. Why?
What do you think about Cisco Systems $CSCO results for Q2 2023? Revenue grew 16% year-over-year to $15.2 billion, with product revenue up 20% and services revenue up 4%. Net income on a GAAP basis grew 41% year-over-year to $4 billion, and the company earned $0.97 per share. On a non-GAAP basis, net income rose 36% to $4.7 billion and the company earned $1.14 per share. Cash...
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Target has suffered a lot, but at the same time has worked to make it better. Optimism was immediate for the stock and so far it has gained over 8% in the premarket.
I would probably recommend $AAPL and $CVS. However, I don't think you can say it like this. Everyone likes something different and every investor should do their own analysis and calculate the intrinsic value of the stock. So if someone wanted to invest in stocks, I would start with bluechips stocks.
I don't think it's going to have any extra effect either. What though I have $DIS so but is the main thing in my opinion I think is the content. So I don't have either, no time to watch it but when I see it at my girlfriend's place, Netflix just has that content more, better quality ...yeah Disney has a lot of cartoons and that's great but kids today have social media mostly and they don't watch cartoons much anymore I think.
The Porsche SE Group reported a net profit after tax of EUR 2.3 billion for the first half of the year, down 41% year-on-year. Net liquidity was EUR -5.4 billion. I assume that these figures are affected by the performance of its subsidiaries, especially Volkswagen. What do you think of the results?
Today, BioNTech $BNTX reported quarterly results, which currently focuses on, for example, the development and research of drugs aimed at treating cancer and infectious diseases. Q2 2023 earnings were in the red, with the company reporting a loss of -190.4 million, compared to a profit of 1.7 billion in Q2 2022. The company has invested heavily in R&D this year, so hopefully...
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As has been written here, the drop in sales is really big, but it's probably really just because of the covid.
Have a lovely rainy afternoon, I was wondering when you started investing and what was your first investment :) i bought my first shares 10 years ago (over) along with my first investment property using a mortgage.
I started investing about a year ago. In the beginning I invested through a port in the SP500 and the first stock I bought was $AAPL.
Today, Pinterest $PINS reported results that exceeded expectations. Active users for the month reached 465 million. USD. Analysts were expecting 463.2 million. USD. Average revenue per user was $1.53. Analysts were expecting USD 1.54/user.
Until a few months ago, I thought other social networks would overtake it, but in May it announced a partnership with e-commerce giant Amazon...
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I occasionally use Pinterest's services, but I probably wouldn't buy their stock. However, it is interesting that this platform is changing from an advertising platform to a sales platform.
DHL group reported results. In Q2 it generated revenues of EUR 20.09 billion, down 16.4% yoy. Net profit of EUR 978 million, down 33% yoy. I expected a decline, but was surprised to see that net profit actually fell by more than 30%. The biggest impact on the result was the 40.7% drop in sales in the global shipments and freight segment.
So in the end the results look great. Thanks for the tip, I'm adding the event to my watchlist.
SoFi Technologies $SOFI jumped a whopping 5% on Friday, and it was only today that last quarter's results were released, which exceeded expectations. The company posted a loss per share of $0.06 and revenue came in at $489 million. I wonder what that will do to the chart movement today ? 😁
Have a wonderful Sunday!
Has anyone tried using Chat GPT for trading? I've tried a few videos in the past month and it didn't work for me, so I decided to give it a try. Chat GPT itself can't trade for me, but it can help create a bot. To create the bot I used a strategy by Matt Giannino that enters a trade when the RSI is below 30 and sells when the RSI is above 70 (long) and...
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Great, thanks for the new information. It's very interesting and I'll definitely give it a try.
Thanks for the tip.
The results are great and I have this event on my watchlist and will continue to follow it.