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Kalkine Media ASX Share Market News & Research

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WMT stock drops 10% on weak earnings, HD rise on positive guidance
Retail Stocks

WMT stock drops 10% on weak earnings, HD rise on positive guidance

Highlights: Walmart Inc. (NYSE: WMT) reported revenue of US$141.6 billion in the first quarter. Home Depot Inc. (NYSE: HD) posted first-quarter sales of US$38.9 billion. Walmart’s international net sales stood at US$23.8 billion. US...

Saudi Aramco 'weighs' IPO for its trading unit as oil prices soar
IPO

Saudi Aramco 'weighs' IPO for its trading unit as oil prices soar

Highlights The state-controlled oil giant Saudi Aramco weighs an initial public offering (IPO) for its trading unit.  The company is working with Goldman Sachs Group Inc., JPMorgan Chase & Co., and Morgan Stanley for its offering. Ara...

GOOGL, FB, & AMD among top 5 growth stocks to explore
Growth Stocks

GOOGL, FB, & AMD among top 5 growth stocks to explore

Highlights: Alphabet Inc.'s (NASDAQ: GOOGL) revenue surged 23% YoY in Q1, FY22. Meta Platforms, Inc. (NASDAQ: FB) revenue increased by 7% YoY in Q1, FY22. Upstart Holdings, Inc. (NASDAQ: UPST) expects its revenue to be between US$295 million a...

Elon Musk says no-deal before Twitter proves fake account numbers
World News

Elon Musk says no-deal before Twitter proves fake account numbers

Highlights Elon Musk has said the US$44 billion Twitter acquisition deal is unlikely to move ahead amid uncertainty over fake accounts. Musk asked Twitter CEO Parag Agrawal to publicly disclose that spam accounts represent less than 5% of its a...

JOBY to BLDE: Five drone stocks under US$10 to explore in June
Industrial Stocks

JOBY to BLDE: Five drone stocks under US$10 to explore in June

Highlights Drones are unmanned vehicles used in a variety of tasks such as traffic navigation, weather monitoring, search and rescue, photography, videography, defense, etc.  Currently, there are 855,179 registered drones in the US, includ...

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