The daily chart reveals a considerable downside gap that saw the Apple stock price plummet from Friday's close of 313.05 to the current rate of 300.27. The Apple stock price drop seen earlier in the NY trading session is as a result of the broad-based selloff that has seen the [...]
Lloyds share price is up on the day even after the UK’s largest bank declared a 27% drop in operating profits for 2019. Pre-tax profits dropped to GBP4.4 billion, which met analysts’ expectations as the bank has had to grapple with compensation payments to customers who were misadvised on insurance [...]
HSBC share price has taken a massive hit this Tuesday, as the company reported a profit miss as a result of underperformance in its US and European operations. HSBC share price plunged from yesterday’s close of 590.7 to 554.7 as at the time of writing, as the company reported a [...]
The stock of Royal Mail Group plc (RMG) is trading around its all-time lows as threats of a staff strike weigh down the company. For three straight trading days now, the Royal Mail share price opened below 180.00. On Thursday, it fell to its record-lows at 168.35. As of this [...]
Lloyds share price is presently up 0.18% on the day as stocks aim to extend Tuesday’s rebound following the easing of coronavirus fears as well as the bearish comments by UK Pm Boris Johnson on trade between the UK and EU made on Monday. The bank, which has recently announced [...]
Stocks of electric car company Tesla (TSLA) are sharply higher again in the opening adding 15.50% or $115 at $896.54. Now the capitalization of TESLA has reached 164.44 billion. Now TSLA has a higher market cap than Ford, GM, Fiat Chrysler and Daimler combined. The strong opening today comes after [...]
Alphabet share price, Google’s parent company, slid on Monday’s trading as the company's overall revenue missed forecasts. The newly-appointed Chief Executive Officer Sundar Pichai reported that the company's revenue only clocked in at $46.08 billion for the quarter. The consensus was for a $46.92 billion figure. However, a closer look [...]
Stocks of Facebook slumped 7% in premarket after the company released its 4th quarter earnings report, which beat estimates but provided a negative outlook for 2020. Facebook reported earnings of $2.56 per share, which was marginally higher than the $2.52 that analysts had predicted. Earnings growth took a huge hit, [...]
Starbucks share price took a significant blow on Wednesday as the company admitted that the coronavirus had affected its Chinese operations. Despite Q1 earnings which beat market expectations, the Starbucks share price tumbled 2.7% on the day. The company said it could not provide forward guidance for 2020 as the [...]
Lloyds share price is now trading 0.45% higher on the day as investors digest the restructuring plans of the Lloyds Banking Group that will see it scale back its FX operations in exchange for more robust investment in digital technology and startups/SMEs. The bank also announced an increase in its [...]
