Tesla’s time?
Tesla’s earnings are due out after the close on Wednesday and there is a lot of anxiety around the stock market right now with very few holding a bullish position. Tesla has been embarking on a large cost cutting plan…
Earnings
Banks entering weaker seasonal period on earnings focus
The focus for banks this earnings season is what deposit levels are like. Many major banks offering low-interest rate levels on deposits, despite higher-yielding bonds (US 10-year bond are offering a 3.40% yield at the moment), depositors are moving their…
Is Hilton going higher?
Some stocks show particular surges around earnings releases and Hilton is one stock that has done very well in the month of February. Hilton Worldwide is an American multinational hospitality company that manages and franchises a broad portfolio of hotels and…
Amazon advance ahead?
Amazon earnings are due out this week for Q4 2022 and expectations are for an EPS of 0.17 and a revenue of $145.77 billion. Since the start of the year Amazon has been preparing for a coming global turndown by cutting…
Chevron earnings shove higher?
Chevron is a US energy integrated company with exploration and refining operations across the globe. It is the second largest US largest oil producer behind ExxonMobil. Now, oil markets have been relatively subdued over recent months which has been helping with…
Tesla’s Time to Turn?
Since the high of 2021 Tesla’s share price has dropped over 60% as investors fled rate sensitive tech companies on expectations of tougher financial conditions ahead. The question now is, ‘will the US manage a soft landing’ and potentially be able…