Cisco Systems Surpasses Q1 Earnings And Revenue Estimates
Nov 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Cisco Systems (CSCO – Free Report) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $1.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.60%. A quarter ago, it was […]
What PNUT Tells Us About This Market
Nov 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash If you’ve never heard of Peanut the Squirrel… that’s okay. And if you’ve never heard of PNUT, the Peanut the Squirrel meme coin… well, lucky for you.Because it was all over the place today, hitting a $1 billion market cap after listing on Binance and getting the nod from Elon Musk. If Elon […]
FBI seizes Polymarket CEO’s phone following Trump election prediction
Nov 13, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Federal agents seized electronics from Polymarket CEO Shayne Coplan’s residence after the platform predicted Trump’s election win. The seizure might be politically motivated, despite no official reason being provided for the raid. Share this article Federal agents seized electronic devices from Polymarket CEO Shayne Coplan’s Soho residence early Wednesday morning, a week after […]
SFL: Unlock A 10% Yield In Shipping’s Toughest Market Yet
Nov 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The shipping stocks sector has been in a five-month severe decline. I have a couple of shipping companies in the Dividend Hunter portfolio, and the stock charts are not pretty. Should we average down, or will this get worse?The SonicShares Global Shipping ETF (BOAT) has 50 component stocks in its portfolio. The ETF’s 52-week high […]
Here’s What Wall Street Experts Are Saying About Cisco Ahead Of Earnings
Nov 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Cisco (CSCO) is scheduled to report results of its fiscal first quarter after the market closes on November 13 with a conference call scheduled for 4:30 pm ET. What to watch for: GUIDANCE: Along with its last report, Cisco guided for Q1 adjusted earnings per share of 86c-88c on revenue of $13.65B-$13.85B. At the time, analysts […]
Cronos Group Q3 Financials; Total Net Revenue Was Up; International Sales Were Up 29%
Nov 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Cronos Group Inc. (Nasdaq: CRON) (TSX: CRON) announced its Q3 2024 business results today for the period ending September 30th, 2024. Q3 Financial Highlights All financial information is provided in U.S. dollars in comparison to the preceding quarter. Net Revenue excluding Cronos GrowCo: UP 8.0% to $29,996M Net Revenue of Cronos GrowCo: $4,268M Total Net Revenue: UP 23.4% […]
Elon Musk defends Dogecoin’s inflationary model
Nov 13, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Elon Musk supports Dogecoin’s inflationary model, stating it’s a feature. Dogecoin’s market value has exceeded Ford, Adidas, and Roblox. Share this article Elon Musk defended Dogecoin’s inflationary model, stating that its flat inflation is “a feature, not a bug.” His comment came as a response to a recent tweet from Shibetoshi Nakamoto, also […]
Short-Term Bitcoin Holders Move Millions To Binance – Is A Market Correction Imminent?
Nov 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Bitcoin has been on a major upward trajectory, recently hitting an all-time high (ATH) of above $89,000. As this milestone was crossed, a notable trend emerged with short-term holders transferring their holdings to major exchanges, particularly Binance.According to CryptoQuant analyst Joao Wedson, this behavior suggests that investors with shorter time horizons may be positioning themselves to take […]
Ukraine Gaining On US Export Competitiveness. The Corn & Ethanol Report
Nov 13, 2024
Jeremy Parkinson
Finance, No picture
We kicked off the day with MBA 30-Year Mortgage Rate, MBA Mortgage Applications, MBA Mortgage Market Index, MBA Mortgage Refinance Index, and MBA Purchase Index at 6:00 A.M., Core Inflation Rate MoM & YoY, Inflation Rate MoM & YoY, CPI, and CPI s.a. at 7:30 A.M., Fed Logan Speech at 8:45 A.M., Total Household Debt […]
This Hasn’t Happened In The Stock Market Since 1980
Nov 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Tom McClellan joins Michael Kramer and George Noble on his outlook for the markets in 2025.Video Length: 00:47:03More By This Author:Risk Assets Are Breaking Down Due To A Surging Dollar And Higher Rates Dollar, Financials Rise, While Oil And Technology Fall Long-Term Market Cycle Points To A Peaking S&P 500, Rising Rates, And […]