August 12 2022 🕓 2 min
Chinese companies are leaving the US stock market
Some of China's biggest companies are exiting the US stock market. The problem is audits and the current situation.
Tag: shares
August 9 2022 🕓 2 min
Micron announces big investment of $40 billion
Micron Technology is set to expand its semiconductor production in a major way and create up to 40,000 new jobs.
August 8 2022 🕓 2 min
SoftBank reported the biggest loss in its history
SoftBank reported a loss of $24.5 billion for the last quarter. This was mainly due to market conditions and rising interest rates.
August 7 2022 🕓 2 min
Berkshire Hathaway reported a loss of $43.8 billion
The company was mainly affected by the situation on the stock markets. However, despite this, the company posted a positive operating profit.
August 5 2022 🕓 2 min
Allianz’s net profit down 23% in the Q2
This was partly due to a restructuring charge of around €140 million to wind down part of its US business, which has been linked to fraud.
August 3 2022 🕓 2 min
CATL will not invest in the US for now
CATL postpones investment in US battery production. This is due to the deteriorating situation between the US and China.
August 3 2022 🕓 2 min
Uber achieves positive free cash flow
US company Uber Technologies achieved positive free cash flow in the second quarter. This was the first time in its history.
August 2 2022 🕓 2 min
BP posts highest profit in 14 years
BP, like other oil and gas firms, is among the record earnings growth leaders. The company is raising its dividend thanks to record results.
August 1 2022 🕓 2 min
Shell doubles its adjusted net profit in the second quarter
Shell's performance was mainly driven by high oil prices, refinery margins and good gas trading results. Still, it has faced criticism.
August 1 2022 🕓 2 min
Pfizer increased quarterly net profit by 78%
Pfizer reported big increases in Q2 earnings and nearly all key metrics almost entirely due to its Covid vaccine and antiviral pill.
July 29 2022 🕓 2 min
Amazon had a good quarter
Amazon has shown an increase in sales in the last quarter and expects a positive development in the future, which pleased investors.
July 27 2022 🕓 2 min
Microsoft’s profit rose but missed expectations
In the current earnings season, a lot of attention is focused on the big tech giants. Let's take a look at one of them and that's Microsoft.