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Top real estate stocks on S&P 500 to explore
February 08, 2022 12:29 PM PST| By Rupam RoyHighlights American Tower Corporation (NYSE: AMT) will report its fourth quarter and fiscal 2021 results on February 24. Equinix, Inc. (NASDAQ: EQIX) will report its Q4 and fiscal 2021 results on February 16. Simon Property Group, Inc. (NYSE: .....
Pfizer Inc’s (PFE) 2022 vaccine sales outlook falls short of estimates
February 08, 2022 11:46 AM PST| By Versha JainHighlights Pfizer, Inc’s (NYSE: PFE) fiscal 2021-revenue skyrocketed by 95% YoY to US$81.3 billion. Excluding Covid-19 vaccines, the revenue rose around 6% last year on a YoY basis. Pfizer raised the full-year revenue guidance in the ran.....
BP plc (BP) profit at 10-year high, buys back US$6 billion shares
February 08, 2022 10:18 AM PST| By Rupam RoyHighlights BP plc plans to buy back US$1.5 billion shares ahead of its first-quarter results. The company's total revenue and other income were US$52.23 billion in Q4, FY21. Its adjusted income of US$4.06 billion was the highest profit in any .....
Can Nuvectis Pharma’s (NVCT) product pipeline, price sway investors?
February 08, 2022 09:14 AM PST| By Versha JainHighlights Nuvectis Pharma Inc. (NASDAQ: NVCT) debuted on Nasdaq on February 4, 2022. The stock gained 144.62% gain on February 7. Nuvectis plans to use the proceeds to fund the development of product candidates, such as NXP800, NXP900.....
Amgen Inc (AMGN) CEO Bradway upbeat on growth prospects after results
February 07, 2022 03:47 PM PST| By Versha JainHighlights Amgen Inc. (NASDAQ: AMGN) revenue grew 2% to US$26.0 billion in fiscal 2021. Its non-GAAP EPS was US$17.10, up 6% YoY, driven by higher revenue and lower expenses. The stock fell 5.9% in one year. Pharma major Amg.....
Top utility sector stocks of NYSE to watch
February 07, 2022 02:18 PM PST| By Versha JainHighlights NextEra Energy, Inc. (NEE) has raised its outlook for adjusted earnings per share to between US$2.75 and US$2.85 in 2022. Duke Energy Corporation (DUK) will declare its fourth and full-year results on February 10. Its dividend yi.....
Top S&P 500 consumer discretionary stocks to explore
February 07, 2022 12:54 PM PST| By Rupam RoyHighlights Amazon.com, Inc (NASDAQ: AMZN) net sales increased by 9% YoY in Q4, FY21. Home Depot, Inc. (NYSE: HD) stock returned over 30% gains in the past 12 months. Lowe's Companies, Inc. (NYSE: LOW) expects sales to be between US$94 billion .....
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Snowflake (SNOW) bets on decoupled cloud architecture, stock rallies
February 07, 2022 12:29 PM PST| By Rupam RoyHighlights The SNOW stock rallied on Monday after analysts gave a bullish outlook. Snowflake expects product sales to surge to around US$10 billion by 2029. The company will report its fourth-quarter and fiscal 2022 results on March 2. Th.....
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Top communication stocks on S&P 500 to watch
February 06, 2022 12:55 PM PST| By Rupam RoyThe communication sector is one of the key economic segments in the US. The industry has been in focus lately as the quarterly earnings season is in high gear. Companies like Alphabet Inc, Meta Platforms Inc., T-Mobile US, Netflix, etc., have alrea.....
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Top 7 financial stocks on NYSE to explore
February 06, 2022 12:00 AM PST| By Versha JainHighlights The number loan disbursals dropped across segments in January, except commercial real estate and auto, according to the Federal Reserve’s weekly loan report. The demand for business loans has picked up in the US lately. .....
Why Spotify Technology (NYSE: SPOT) stock slumped after strong earnings?
February 04, 2022 01:32 PM PST| By Rupam RoyThe Spotify Technology SA (NYSE: SPOT) stock declined sharply after Thursday's fourth-quarter earnings. Its expected growth in the user base to 418 million total users and 183 million paid subscribers in the first quarter of 2022 failed to meet Wal.....
Top 10 Nasdaq semiconductor stocks to explore
February 03, 2022 12:57 PM PST| By Rupam RoyHighlights NVIDIA Corporation (NVDA) will report its fourth-quarter fiscal 2022 results on February 16. Advanced Micro Devices, Inc. (AMD) revenue rose 49% YoY in Q4, FY21. Applied Materials, Inc. (AMAT) revenue surged 31% YoY in Q4, FY21. .....
Top 7 healthcare stocks on NASDAQ to consider
February 03, 2022 12:23 PM PST| By Versha JainHighlights The Omicron virus has renewed focus on the healthcare sector. WHO has warned not to let the guards despite lower hospitalization rate. The Nasdaq Biotechnology Index fell around 19% in one year. The .....
Merck & Company (MRK) bets big on ‘molnupiravir’, raises guidance
February 03, 2022 11:35 AM PST| By Rupam RoyHighlights The company expects an 18% jump in sales in 2022. Covid pill molnupiravir sales are expected to be US$5 billion to US$6 billion in 2022. Merck & Company's revenue surged 24% YoY to US$13.52 billion In the fourth quarter. Me.....
Honeywell (HON) sales hit by supply chain issues, stock plunges 5%
February 03, 2022 10:56 AM PST| By Versha JainHighlights Honeywell International Inc. (NASDAQ: HON) sales declined 3% YoY to US$8.7 billion in the fourth quarter of 2021. Three of its four operating segments saw sales fall in Q4. The Honeywell stock grew 4.22% in one y.....
SOC Telemed (TLMD) stock roars 342% higher after purchase offer
February 03, 2022 09:36 AM PST| By Rupam RoyHighlights SOC Telemed has entered into a definitive agreement to be acquired by Patient Square Capital. Telemed shareholders will receive US$3 in cash for each Class A common stock. The transaction is expected to close in the second quarter o.....
Why has Doximity (DOCS) stock declined & what’s next?
February 03, 2022 07:24 AM PST| By Rupam RoyThe Doximity, Inc. (NYSE: DOCS) stock has declined sharply from its 52-week high of US$107.79 in September 2021. The company debuted in the US stock market in June last year. The San Francisco-based telehealth company offers online services like v.....
Meta (FB) lost US$200 billion in market value after results
February 02, 2022 07:51 PM PST| By Sanjeeb BaruahHighlights Meta shares fell over 20% in after-market hours, wiping off US$200 billion in market value. Meta blamed Apple’s privacy changes and macroeconomic factors for the weak results. In the earnings call, CEO Mark Zuckerberg acknowle.....
Sony Group’s (SNEJF) booming movie business lifts quarterly results
February 02, 2022 05:22 PM PST| By Sanjeeb BaruahHighlights The "Spider-Man: No Way Home" became the sixth-highest grossing movie in 2021, netting more than US$1.7 billion worldwide despite the spread of the Omicron variant. Sony expects the full-year profit to be 1.2 trillion yen, up...
Qualcomm (QCOM) raises guidance after chip revenue lifts Q1 results
February 02, 2022 04:44 PM PST| By Versha JainHighlights Qualcomm’s revenue increased by 30% in the first quarter of fiscal 2022. Its GAAP net income grew by 38% YoY to US$3.4 billion. Its GAAP diluted earnings per share rose 41% YoY to US$2.98. Semiconductor maker Qual.....
