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US stocks close mixed on Powell's hawkish remark
Market Updates

US stocks close mixed on Powell's hawkish remark

Dow Jones closed higher, while S&P 500 and Nasdaq drifted on Friday, October 22, after Fed Chair, Jerome Powell's tapering remarks weighed on investors' sentiment. However, the optimism over the robust earnings has pushed the indices towards thei...

Roper (ROP) & Seagate (STX) stocks rally after Q3 reports
Technology Stocks

Roper (ROP) & Seagate (STX) stocks rally after Q3 reports

Highlights Roper Technologies, Inc. (NYSE: ROP) saw its revenue increase 22% to US$1.46 billion in the third quarter of 2021, and gross profit grew 23% YoY. Seagate Technology Holdings (NASDAQ: STX) had a net income of US$526 million, a 13...

American Express (AXP) Q3 income up 70%, Honeywell (HON) sales up 9%
Stock Market

American Express (AXP) Q3 income up 70%, Honeywell (HON) sales up 9%

Highlights Honeywell International Inc. (NASDAQ: HON) sales were US$8.47 billion, 9% higher than the previous year and the operating margin grew by 180 basis points to 18.6%. Honeywell reduced the range in guidance for the full year for sales b...

Cleveland-Cliffs (CLF) stocks up, Schlumberger (SLB) down on Q3 results
Stock Market

Cleveland-Cliffs (CLF) stocks up, Schlumberger (SLB) down on Q3 results

Highlights The revenue of Schlumberger N.V. (NYSE: SLB) surged 11% YoY in Q3, FY21 The adjusted EBITDA of Schlumberger N.V. increased by 27% YoY in Q3, FY21 Cleveland-Cliffs Inc. (NYSE: CLF) reported record revenue of US$6 billion in Q3, FY21 ...

Top 7 REITs with over 50% YTD returns to explore
Infrastructure and Real Estate

Top 7 REITs with over 50% YTD returns to explore

Highlights Simon Property Group, Inc. (NYSE: SPG) had a dividend yield of 4.14%. The company owns and has an interest in 202 properties in the United States. Its stock increased 70.27% YTD. EPR Properties (NYSE: EPR) leases experiential propert...

5 industrial stocks with over 40% YTD returns to explore
Industrial Stocks

5 industrial stocks with over 40% YTD returns to explore

Highlights The net earnings of General Dynamics Corporation (NYSE: GD) increased by more than 17% YoY in the second quarter of fiscal 2021. The net sales of Carrier Global Corporation (NYSE: CARR) was up 37% YoY in Q2, FY21 The net income of O...

Boston Beer (SAM) & Chipotle Mexican Grill (CMG) see Q3 revenue gains
Consumer Stocks

Boston Beer (SAM) & Chipotle Mexican Grill (CMG) see Q3 revenue gains

Highlights Boston Beer Company, Inc. (SAM) posted net revenue of US$561.6 million for the third quarter of 2021, a 14% increase YoY. The revenue of Chipotle Mexican Grill, Inc. (CMG) was US$2 billion for Q3, 2021 and its total restaurant count ...

A look at Tesla’s Journey in 2021 and beyond
World News

A look at Tesla’s Journey in 2021 and beyond

Highlights  Tesla booked total revenue of US$13.75 billion, up 57% on year-over-year basis. Analysts predict price target of US$1,000 for Tesla. Despite a list of problems ranging from legal issues to supply chain constraints, the company...

  • October 22, 2021 07:43 AM PDT
  • Samta
Is Ethereum going to hit $15,000 in the next six months?
Cryptocurrency

Is Ethereum going to hit $15,000 in the next six months?

Ethereum is the second most prominent crypto, following Bitcoin. However, Ethereum, unlike Bitcoin and other virtual currencies, is designed to serve more than just a store of value or a medium of exchange. Since its inception in 2015, Ethereum ha...

Intel (INTC) & Snap Inc stocks fall amid Q3 results, supply chain woes
Technology Stocks

Intel (INTC) & Snap Inc stocks fall amid Q3 results, supply chain woes

Highlights  The revenue of Intel Corporation (NASDAQ: INTC) rose 5% YoY in Q3, FY21 Intel expects its revenue to be US$18.3 billion in Q4, FY21 The revenue of Snap Inc (NYSE: SNAP) jumped 57% YoY in Q3, FY21 The stocks of Intel Corpo...

5 successful stock market strategies for newbie investors
Guides

5 successful stock market strategies for newbie investors

In a layman’s language, stock trading refers to selling and purchasing stocks to capitalise on the stock price. However, stock prices fluctuate due to different market conditions. This ever-changing tendency of the stock market demands dynami...

  • October 22, 2021 06:18 AM PDT
  • Samta