Home Depot shares gain the most in 34 weeks on Tuesday, second-quarter earnings top estimates, full-year sales forecast revised down

August 21, 2019
Home Depot shares gain the most in 34 weeks on Tuesday, second-quarter earnings top estimates, full-year sales forecast revised down

Home Depot’s second-quarter revenue, reported on Tuesday, fell short of Wall Street estimates, while the company revised down its full-year sales forecast due to concerns that US-China trade frictions could hamper consumer spending. However, quarterly earnings exceeded market expectations. Home Depot shares closed higher for a fourth consecutive trading session […]

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Microsoft shares gain for a second straight session on Monday, company to utilize Nvidia’s real-time ray tracing tech for more realistic graphics on Minecraft

August 20, 2019
Microsoft shares gain for a second straight session on Monday, company to utilize Nvidia’s real-time ray tracing tech for more realistic graphics on Minecraft

Microsoft Corp (MSFT) intends to utilize Nvidia Corp’s real-time ray tracing technology in order to ensure more realistic graphics on its Minecraft video game on PCs, the software company said on Monday. Microsoft shares closed higher for a second consecutive trading session on NASDAQ on Monday. The stock went up […]

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J.P. Morgan shares gain for a third straight session on Monday, bank to host conference call on equity market volatility

August 20, 2019
J.P. Morgan shares gain for a third straight session on Monday, bank to host conference call on equity market volatility

J.P. Morgan Chase & Co (JPM) is expected to host a customer conference call today with a focus on recent volatility in global markets. On August 14th yields on 2-year and 10-year US Treasuries inverted for the first time since June 2007, an occurrence which is considered as a sign […]

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Tesla shares rebound on Friday, Nextmove rejects order for 85 Model 3 cars after dispute over quality

August 19, 2019
Tesla shares rebound on Friday, Nextmove rejects order for 85 Model 3 cars after dispute over quality

According to a report by Reuters, Nextmove, a German car rental firm, has rejected an order for 85 Tesla Model 3 cars at a total value of EUR 5 million after a dispute related to quality issues. Tesla shares closed higher for the fifth time in the past ten trading […]

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Ford shares fall for a fifth straight session on Thursday, 560 000 Fiesta and Focus models to get their warranties extended, auto maker says

August 16, 2019
Ford shares fall for a fifth straight session on Thursday, 560 000 Fiesta and Focus models to get their warranties extended, auto maker says

The warranties on clutch and related hardware in about 560 000 Fiesta and Focus vehicles in Canada and the United States are to be extended, Ford Motor Company (F) said, after customers reported issues with the cars’ transmission. Ford shares closed lower for a fifth consecutive trading session in New […]

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Apple shares close lower on Wednesday, certain MacBook Pro laptops banned from flights by the FAA

August 15, 2019
Apple shares close lower on Wednesday, certain MacBook Pro laptops banned from flights by the FAA

A selection of Apple Inc’s MacBook Pro laptop models have been banned on flights by the US Federal Aviation Administration (FAA), after the tech giant recalled certain devices due to risk of battery fire. Apple shares closed lower for the sixth time in the past eleven trading sessions on NASDAQ […]

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