Market Insights & Analysis
Shell Announces $3 Billion Buyback Amid 56% Profit Drop
July 27th, 2023
Shell Inc. (SHEL), the multinational energy major, reported a significant decline in its second-quarter earnings, affected by lower liquefied natural gas trading, falling oil and gas prices, refining margins, and sales volumes. The company launched a $3 billion share buyback program to enhance shareholder returns. However, the results missed...
Hilton Beats Estimates with Strong Q2 Revenue on Travel Demand
July 26th, 2023
Hilton Surpasses Q2 Expectations Hilton Worldwide, a global hospitality leader, has reported an impressive second-quarter performance, exceeding Wall Street's revenue expectations. As the world slowly emerges from the shadows of the pandemic, the travel industry has experienced a robust resurgence. Hilton's ability to capitalize on this renewed...
Trending Stocks Ticker by Stock Target Advisor Canada's Growth Kills Standard of Living Canada, under the leadership of Prime Minister Justin Trudeau, has long been hailed for its progressive immigration policies, attracting newcomers from across the globe. The government's efforts to increase immigration were initially...
Loblaw's Q2 Earnings In the face of unprecedented challenges brought about by the global pandemic, Canadian retail giant Loblaws has demonstrated its resilience and adaptability. The company's remarkable second-quarter performance has surpassed Wall Street estimates, showcasing its ability to navigate a dynamic market and capitalize on sustained...
Snap Earnings Disappoint with Rising AI Expenses
July 26th, 2023
An analysis of SNAP market performance reveals that the company's gross profit margins have been under pressure due to increasing expenses related to cloud operations. The latest figures indicate a significant 700 basis points compression year-on-year, signaling potential structural issues with Snap's investments in the context of its growth...
Boeing Reports Q2 Earnings Show $149 Million Loss
July 26th, 2023
In the second quarter, aerospace giant The Boeing Company (BA) reported a loss of $149 million, in contrast to the net income of $160 million during the same period last year. The loss comes despite an 18% increase in revenue, reaching $19.75 billion, which surpassed analysts' expectations of $18.59 billion. However, higher costs in both the...
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INR 2,973.05 |
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INR 1,503.30 |
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