Category Archives: Market News (New)

Key Indicators and Market Impact Jobless Claim Decline in Jobless Claims The United States Department of Labor’s most recent statistics shows a notable decrease in unemployment claims for the week ending November 18. Unemployment claims fell to 209,000, below market forecasts and reversing a three-month high from the week before. Continuing claims, measuring ongoing unemployment, […]

Inflation Rate Peaks in South Africa: A Detailed Exploration In October, South Africa witnessed a significant uptick in its inflation rate, scaling new heights at 5.9%. This surge, nearing the upper limit of the South African Reserve Bank’s targeted range, can be attributed to multiple factors. Notably, elevations in food, transport, healthcare, and expenses related […]

Hungary’s Recent Benchmark Interest Rate Cut and Economic Dynamics In a decisive move on November 21, the National Bank of Hungary (NBH) implemented a 75 basis points reduction in the benchmark interest rate, bringing it to 11.5%. This strategic decision, made amidst pressure for further rate cuts from the government, reflects the delicate balance between […]

Zoom Video Communications: A Comprehensive Analysis of 3Q Performance and Future Projections Explore Zoom’s impressive third-quarter results, where it surpassed revenue and earnings projections. Zoom’s CEO, Eric S. Yuan, highlights the role of innovative features like the Zoom AI Companion in the company’s growth. Learn about the enterprise segment’s substantial contribution, the outlook for the […]

Walmart’s Q3 FY24 Financial Triumph Financial Results Overview The multinational retail behemoth Walmart (WMT.US) beat market estimates in its third-quarter earnings report. The quarter’s overall sales of $160.8 billion shown a significant 5.2% year-over-year (YoY) rise, exceeding projections by $1.67 billion. This strong success demonstrates Walmart’s tenacity and strategic acumen in negotiating the shifting market […]

Home Depot’s Strong Q3 2023 Performance Home Depot (HD.US), the world’s largest home improvement specialty retailer, has experienced a significant boost in sales during the third quarter of 2023. This surge can be attributed to increased customer spending on repair work and small renovation projects. The company’s revenue of $37.71 billion has slightly exceeded the […]

Cisco’s Q1 2024: Exceeding Expectations in Earnings and Revenue Cisco Systems (CSCO.US), a tech stock, performed exceptionally well in the first quarter, exceeding both revenue and profits projections. With an astounding $1.11 in profits per share (EPS), Cisco beat analyst estimates by a healthy $0.08. Furthermore, the business’s sales of $14.7 billion above the $14.62 […]

Unlock Trading Triumph: 5 Uncommon Tips For Competitive Success Trading competition have long been part of the forex industry. Since the traders’ interest is increasing, it’s becoming increasingly popular to test trading talents. Apart from that, it helps to expand trading knowledge in a fun and exciting setting.  To create more thrilling situations, forex brokers […]

Emirates Elevates Boeing with Monumental Aircraft Orders In a groundbreaking turn of events at the Dubai Airshow on 13th November 2023, Boeing (BA.US), the renowned jet manufacturer under Dow Jones, has orchestrated a series of triumphs by securing substantial orders. Emirates, a major player in the aviation industry, has committed to acquiring an impressive fleet […]

TSM Achieved a Record-high Revenue Last Month On November 10, Taiwan Semiconductor Manufacturing Company (TSM.US) announced that its October revenue was a record-breaking US$7.53 billion (NT$243.2 billion), representing a notable 34.8% increase from September and a 15.7% raise from the same period last year. (TSMC Consolidated October Revenue)  Unveiling the TSM’s Revenue Numbers TSMC’s cumulative […]