Stock Take 27/04/2021

Microsoft beats expectations IT giant Microsoft has published its figures for the third quarter of the year. For the technology group Microsoft did better in the third quarter than in the same period of the previous year. The company achieved earnings per share of 1.95 US dollars, after EPS of 1.40 US dollars a year ago. Analysts had previously expected …

Markets Update Tuesday 27/04/2021 – Wait and See

Frankfurt – 27/04/2021 Wait and See Again, there was little movement on the major global stock markets today as investors eagerly await the Fed and its interest rate decision tomorrow. In addition, quarterly figures from Google parent Alphabet, Microsoft, semiconductor equipment manufacturer Texas Instruments, Starbucks and Visa, among others, were on the agenda after the close of trading. Apple will …

Stock Take 26/04/2021

Tesla with a significant jump in sales and profits Tesla posted notable gains in both revenue and earnings in its first fiscal quarter. Tesla earned $0.93 per share in the first quarter, up from $0.248 per share a year earlier. This was more than analysts had expected, the consensus being 0.750 US dollars per share. Simultaneously, the electric carmaker posted …

Markets Update Monday 26/04/2021 – Gimme Tech!

Frankfurt – 26/04/2021 Gimme Tech! As market participants and investors get ready for big tech’s balance sheet reports, the US stock market indices moved in different directions. More weight has been put behind tech companies, and cyclical blue chips were sought after less.  Wall Street is eagerly awaiting the real highlight of the reporting season, the quarterly reports of the …

Stock Take 23/04/2021

American Express makes less turnover but profit rises With the help of released risk provisions, American Express improved its earnings at the start of the year, but the credit card group’s turnover fell more significantly than expected. According to the company, in the first three months of the year, a net profit of 2.24 billion dollars was posted – after …

Markets Update Friday 23/04/2021 – Are we there yet?

Frankfurt – 23/04/2021 Are we there yet? An old stock market rule says: “A bull market is born in panic, grows in fear and dies in euphoria.” Therefore, many market analysts believe that we are still far away from real euphoria. We were instead in the “fear” stage, given the uncertainties regarding the corona crisis and the further course. This …

Markets Update Thursday 22/04/2021 – Biden sends Wall Street downhill

Frankfurt – 22/04/2021 Biden sends Wall Street downhill US President Joe Biden brought dark clouds into the otherwise rather friendly stock market weather today with his announcement of a significant increase in capital gains taxes. So far, Biden has been a darling of Wall Street. Since his election victory in November 2020, the Dow Jones index has gained almost 20 …

Stock Take 22/04/2021

Snap beats analyst estimates Snap reported EPS of $0.00 per share in the first quarter. This was an improvement in the same period last year when the camera company reported a loss of 0.210 US dollars per share. Analysts had previously expected EPS of USD -0.205. Revenue for the period was $769.6 million after analysts had expected the company to …

Stock Take 21/04/2021

Sony tests car prototypes with Vodafone Sony is said to further developing its electric car prototype with connectivity to the superfast 5G data network. The car is supposed to be able to load software updates and also synchronise control signals via radio. With the mobile phone provider Vodafone, Sony is working on a test track in Aldenhoven near Aachen, both …

Markets Update Wednesday 21/04/2021 – Vaccines for the Market

Frankfurt – 21/04/2021 Vaccines for the MarketĀ  Today, the stock market was supported after it was announced that the USA reached its vaccination target earlier than thought. US President Joe Biden is reportedly close to reaching his key 100-day target of 200 million Corona vaccinations administered in the country. With the vaccination figures to be released on Thursday, the threshold …