Wise investor

💼 IBM Q3 results: is the growth of AI worth paying attention to?

IBM (International Business Machines Corporation) is a global technology company focused on innovation in software, artificial intelligence, cloud services and hybrid infrastructure. IBM is one of the so-called technology pioneers, and now the company is helping companies transform their digital operations and...
Read more

📉 Mercedes-Benz to focus on cost cutting after profit falls by half!

Mercedes-Benz $MBG.DE has reported a significant drop in profits for the third quarter of 2024, more than halving from the same period last year. This drop was mainly due to lower demand for luxury cars in the key Chinese market and fierce competition on the global stage 🚗

CFO Harald Wilhelm acknowledged that...
Read more

📊 3M Quarterly Results!
3M $MMM, the global industrial conglomerate known for its innovations in healthcare, electronics, security and consumer goods, has reported mixed results for Q3 2024.

Although revenue declined year-over-year by a significant 21,5 % to $6.29 billion, the company managed to beat Wall Street' s expectations of 3,9 %. This suggests that the company still has...
Read more

Qualcomm vs. ARM license battle!🔍
One of the biggest legal battles in the tech world is taking place between two giants, ARM $ARM and Qualcomm $QCOM. The outcome of this dispute could significantly impact the mobile phone and consumer electronics markets. 🛠️📱 If Qualcomm loses access to licenses for key ARM technologies , it could significantly disrupt production of the popular...
Read more

📊 Verizon reports Q3 2024 results: slight disappointment, but overall outlook is stable 📈

Verizon $VZ, one of the top telecommunications companies in the U.S., today released its Q3 2024 results . While revenue in the wireless equipment segment fell short of market expectations, the company is sticking to its full-year guidance.

✈️ Boeing and labor costs!
Boeing $BA is on the cusp of significant changes that could fundamentally affect its financial outlook and market position. A recently proposed labor agreement that is expected to give employees a wage increase of 35 % over four years could increase the company's payroll costs by more than $1 billion. Despite this, Boeingshares have gained more than ...
Read more

📅 Key events of the week worth investors' attention!

This week we have results from interesting and important companies that can move the markets!

🌍 Monday: IMF Meeting - The International Monetary Fund often adjusts the global economic outlook, which can have a major impact on market sentiment. Keep an eye on these important outlooks and their impact on the markets.

🌐Tuesday: BRI...
Read more

📉 Walgreens will close up to 2000 stores over the next 3 years!

Walgreens Boots Alliance $WBA is a global leader in the retail sale of healthcare products and services. The company operates in more than 25 countries. WBA operates an extensive network of pharmacies and specialty healthcare services, with a focus on innovating digital health platforms and improving access to care...
Read more

❄️Snowflake: Lost luster or opportunity? 🌩️

Shares of Snowflake $SNOW once shone on Wall Street, but 2024 has brought bitter disappointment for investors. After several weak earnings and slowing growth, the stock is at all-time lows. Over the course of this year, their value has fallen by more than 37 %, while the Nasdaq technology index has risen by around 25 %.

Snowflake Inc. ...
Read more

🔎 LVMH is already 30% below the peaks!💎
Despite a challenging global environment and challenges in key markets such as China and Japan, French giant LVMH (Louis Vuitton Moët Hennessy) continues to show exceptional stability. In the first nine months of 2024, the company achieved sales of €60.8 billion, with some divisions able to benefit from innovation and a strong brand...
Read more

📊 Citigroup's Q3 2024 results: profit falls, but investment banking grows!🏦

Citigroupshares responded by rising by 2 % in the premarket, now unfortunately over 5 % They are writing off 5%!

Citigroup $CBank released its third quarter results today along with others and it shows some interesting numbers. The company reported revenue growth of 1 % to $20.32 billion, beating...
Read more

🚀 Big news from the investment world: SoFi enters into a strategic agreement with Fortress Investment Group! 💼💰

SoFi Technologies $SOFI is about to change its strategy with the acquisition of $2 billion worth of personal loans from Fortress Investment Group . The move moves SoFi from a traditional banking business to a fee-based business, allowing it to be more responsive to...
Read more

📅Key events of the upcoming week on the markets!

As earnings season gets underway there will be a lot to watch, last week $JPMBank kicked it off nicely by presenting beautiful results above analyst expectations. Let's see what the banks show us this week and they will also be joined by two tech giants along with the world's largest streaming platform. Here I bring you my...
Read more

💡 Google and possible split! 🌐

The U.S. Justice Department is about to take a step that could rewrite the history of the tech industry - it's considering splitting the company Google $GOOGL, one of the world's biggest players. 🌍 This intervention, if implemented, could change not only the future of Google, but also the rules of the game for the entire tech sector. And that means...
Read more

📊 JPMorgan Chase & Co: Strong Q3 2024 with positive outlook!🏦

America's largest bank JPMorgan Chase & Co $JPM surprised the market again with its excellent third quarter results. The shares of this financial institution are reacting to the news by rising, which is not surprising given the results achieved and the optimistic outlook for the rest of the year.