NVIDIA Q2 Earnings: Revenue and EPS Beat Estimates, Announces $50 Billion Stock Buyback

NVIDIA just released its earnings report: – Q2 revenue came in at $30.04 billion, surpassing the estimate of $28.9 billion.– Q2 adjusted EPS was $0.68, […]

India Upgraded to ‘Overweight’ by Citigroup Analysts, China Downgraded: Full Market Analysis

Citi shifts stance on China stocks to neutral based on fundamentals, while upgrading India to overweight. On Friday, Citigroup analysts upgraded India’s status from “neutral” […]

Amazon Beats Q1’24 Earnings Estimates with Strong Revenue Growth and Segment Performance

Amazon’s Q1’24 earnings: Amazon reported earnings per share (EPS) of $0.98 for Q1’24, surpassing estimates of $0.83. Net sales for the quarter reached $143.31 billion, […]

Apple’s First Quarter Phone Sales in China Decline by 19.1%, While Huawei Experiences a 70% Increase

Counterpoint Research reports a 19% decline in Apple’s iPhone sales in China during the March quarter, marking its weakest performance since the Covid outbreak in […]

India’s Services Sector Surges in March: Record Growth, Hiring, and Optimism

India’s services industry experienced accelerated growth in March driven by strong demand, as indicated by the final HSBC India Services Purchasing Managers’ Index. The index […]

Morgan Stanley Adjusts Tesla’s Q1 Delivery Forecast and EPS Projections

Morgan Stanley upheld its Overweight rating on Tesla and maintained a price target of $320. Morgan Stanley revises Tesla’s first-quarter delivery forecast to 425.4k, down […]

U.S. Q4 2023 GDP Surges to 3.4%, Beats Expectations

The latest report on the US Q4 2023 GDP reveals a growth rate of 3.4%, surpassing the anticipated 3.2%. This signifies six consecutive quarters of […]