Tuesday, January 26, 2021
Sonos Inc (SONO) soared 29.84 percent after the Californian maker of wireless audio speakers posted performance well above estimates for its fourth fiscal year which ended at the end of September. Compared with the $299 million predicted by the FactSet consensus, revenue jumped 15.5 percent year-on-year to $339.8 million. Compared to a...
A Lockheed Martin Corporation (LMT) quarterly report showed that the space segment of the business is increasing at the slowest rate, and its profitability is dropping altogether. Competition with SpaceX is the main reason, but the management of Lockheed claims that the space technology segment will expand the fastest.
Wall Street trading was mainly in negative territory on Thursday, November 12, and ended with a fall in the key indexes. The worsening of the situation with the spread of COVID-19 against the backdrop of vague statistics was shot down by positive sentiment after the presidential election. The...
On Wednesday, the Dow Jones index fell marginally at the close by -0.08 percent at 29,397 points, after rising more than 10 percent in a week, and near to its last all-time high of 29,551 points, set before the health crisis on February 12. The S&P 500's wide index gained 0.77%...
Aptevo stock is trading in its highest range since Oct. 2018 as the biotech firm updates on completeremission of APVO436 while Tang discloses its stake in the company. The clinical-stage biotech firm, Aptevo Therapeutics Inc. (APVO) shares are on a roll from the start of this month and currently...
According to trading data, global oil prices fell by more than 3% on Friday due to increasing concerns about demand for raw materials in the light of the ongoing coronavirus pandemic. The cost of January futures for Brent North Sea oil mix fell by 3.37 percent, to...
On Wednesday, the US market went through an exciting session as all asset classes rose very strongly. Oil, although showing accelerating growth in Europe, still remained up 3.5 percent to $39. The Dow Jones, however, halved its gains to 1.35 percent, but the S&P-500 rose 2.20 percent, the Nasdaq...

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