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Adidas reported a sharp decrease in net income from continuing operations impacted by the decision to terminate the Yeezy partnership

Sports maker Adidas reported a strong decrease in net income from continuing operations up to 83% (€ 254 million in 2022  vs 2021: € 1,492 million) partly related to one-off costs in the amount of € 350 million reflecting the company’s decision to wind down its business in Russia and settled legal dispute with singer…

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< 1 min Eurozone retail sales increase less than expected in January

A bounce back was expected in January retail sales after a sharp decline in December, but the 0.3% month-on-month increase still leaves retail trade volumes well below the November figure.

Autor: Financial Market
3 min Concorde Securities recommends ″Buy″ for Digi Communications shares and sets a target price of 47 lei for the next 12 months

Brokerage company Concorde Securities (Hungary) updated its analysis report for Digi Communications after it reported preliminary financial results for the year 2022.

Autor: Financial Market
3 min Stock of the day – Chip Maker Nvidia

Nvidia Corporation (NVDA.US) is major semiconductor producer and also designs a wide range of products, including graphics cards also known as GPUs, central processing units (CPUs), data processing units (DPUs) and network interface controllers (NICs).

Autor: Financial Market
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2 min IBM shares decline nearly 4% despite upbeat quarterly results

IBM shares dropped approximately 4% on Thursday despite the fact that the iconic tech company posted upbeat quarterly figures and plans to lay off 3,900 workers, which equals to 1.5% of its workforce.

< 1 min Tesla reported record quarterly profit

Q4 2022 was another record breaking quarter for EV manufacturer Tesla as well as the whole year. In the last quarter, the company achieved the highest-ever quarterly revenue, operating income and net income in history.

3 min Microsoft Cloud Strength Drives Second Quarter 2023 Results

Microsoft reported second quarter 2023 financial results with only 2% increase in revenue to $52.7 billion, while net income was $16.4 billion decreasing 12%.

< 1 min Johnson & Johnson reported almost 25% decline in fourth quarter earnings, on reduced COVID-19 vaccine sales

Johnson & Johnson today announced results for fourth quarter 2022 that were below analyst estimates. Sales declined 4.4% to $23.7 billion primarily driven by reduced COVID-19 Vaccine sales and a strong dollar, vs. prior year.

3 min Eurozone edges back into growth at start of 2023 after six successive months of decline

Eurozone PMI Composite Index rose for a third consecutive month in January, up from 49.3 in December to 50.2 in January, breaking above the 50.0 no-change level to thereby indicate the first expansion of business activity – albeit only marginal – since last June

2 min Will Fintech’s join the race for Ad revenue?

Many financial technology companies are in a tight spot. High interest rates have knocked their valuations, while a slowing economy threatens to trim once-heady growth rates.

3 min Netflix reported better than expected subscriber numbers in Q4 ’22 despite melting earnings

Netflix yesterday reported financial results that were above analysts′ expectations. A significant increase in paid subscribers was euphorically received, giving shareholders hope for a brighter future after a difficult previous year.

3 min Stock of the week: Goldman Sachs – Are there any signs of an incoming recession?

A few days ago, two large US banks posted their quarterly results. While Morgan Stanley surprised on the upside, Goldman Sachs reported the biggest profits decline in a decade, which pushed its stock 6.44% lower.

2 min Charles Schwab stock dips after disappointing quarterly results

Charles Schwab (SCHW.US) stock fell over 2.05 on Wednesday after finiacial servies company posted slightly weaker than expected results for Q4 2022. The company’s net profit improved compared to Q4 2021, however, revenues and profits from customer trading decreased.

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Indicele prețurilor de consum (CPI)

Indicele prețurilor de consum (CPI – Consumer Price Index) este unul dintre cei mai importanți indicatori macroeconomici, utilizat pentru a măsura evoluția prețurilor bunurilor și serviciilor consumate de populație. Practic,...

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