Lyft share in demand after trading hours Uber competitor Lyft has reported revenues of 864.4 million US dollars for the third quarter of 2021, while analysts had expected 862.4 million US dollars. In the corresponding quarter of the previous year, Lyft had posted revenues of 499.7 million US dollars. The loss per share was 0.21 US dollars, after a discount …
from Engine Forex https://engineforex.com/stock-take-02-11-2021/
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Frankfurt – 02/11/2021 The Fed End? The US stock markets have continued their winning streak one day before the Fed’s interest rate decision. Tesla once again caused a stir among investors, but this time not in the most positive of ways. Statistically, the month of November marked the start of the six best stock market months, a development often also …
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The US equity markets were robust in the run-up to the Federal Reserve’s interest rate meeting. The indices reached new highs today and maintained their gains. Stock exchange experts explained investors’ good mood, among other things, with confident statements by US Treasury Secretary Janet Yellen regarding the economic recovery from the Corona crisis. Another mood booster today was the trade …
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Frankfurt – 29/10/2021 Old Economy vs New Economy At the end of the week, Wall Street absorbed the initial shock after the weak Apple and Amazon figures. The focus is now already on the coming week, especially next Wednesday when the Federal Reserve (Fed) will decide on the future direction of interest rates. It is a foregone conclusion that the …
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META is the new Facebook The tech company Facebook will have a new name in the future. The umbrella brand Meta is to stand above services such as Facebook or Instagram in future, as Facebook founder Mark Zuckerberg announced on Thursday. With the new name, Zuckerberg wants to direct the focus on the new virtual world, “Metaverse”, in which he …
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Frankfurt – 28/10/2021 ECB Disappointment Strong corporate balance sheets lured investors back to Wall Street, and tech stocks were particularly in demand. The Dow Jones Industrial Average approached its recent record high. In addition, investors are now optimistic that weaker economic growth could alleviate some of the monetary policy pressure the Fed is under due to high inflation. Its interest …
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eBay figures exceed expectations eBay has given investors a look at its third-quarter figures. The online auction house eBay achieved a turnover of 2.5 billion US dollars in the third quarter. This was more than analysts had expected. On average, analysts had forecast sales of 2.45 billion US dollars, after eBay had reported sales of 2.61 billion US dollars in …
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Frankfurt – 27/10/2021 Euphoria Slow-Down As on the previous day, investors withdrew even more from the stock market in late trading on Wall Street. While standard US stocks ultimately fell more sharply, the Nasdaq technology exchange managed to survive the day to some extent better. While US tech stocks continue to climb, the situation on the broad market is more …
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Google parent Alphabet increases profit Alphabet achieved a profit of 27.99 US dollars per share in the last quarter. The Google parent company thus exceeded analysts’ expectations, who had expected earnings per share of 23.83 US dollars. In the same period of the previous year, the profit had been 16.40 US dollars per share. Trade with the Best High Leverage …
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Frankfurt – 26/10/2021 Big-Tech-Control Solid corporate balance sheet reports drove the US indices to further record highs today. Led by the technology exchange Nasdaq, all major US stock indices rose slightly today – with the Dow Jones, S&P 500 and the Nasdaq 100 selection index setting new records, which they were then unable to maintain over the day. The upswing …
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