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Month: July 2020

Weak bank earnings send bearish signal as COVID uncertainty deepens

In a sign that the banking sector is feeling the pinch of the market turmoil, major US banks reported relatively…

PepsiCo gains more from its snacks business than its beverages business

PepsiCo Inc. (NASDAQ: PEP) came out of another pandemic-affected quarter with better-than-expected results. Although the company’s top and bottom line…

Amazon pre-earnings: What to expect in Q2?

The earnings season is almost here and investors will be waiting to see the performance of several companies in what…

Wells Fargo (WFC) reports $2.4 billion loss for Q2

Wells Fargo (NYSE: WFC) reported a loss of $2.4 billion or $0.66 per share for the second quarter of 2020,…

Citigroup (C) Q2 earnings drop but beat estimates

Banking giant Citigroup Inc. [NYSE: C] reported a sharp fall in first-quarter earnings, despite a modest increase in revenues. The…

FAST Earnings: Key quarterly highlights from Fastenal Q2 2020 financial results

Fastenal Company (NASDAQ: FAST) today announced its second quarter financial results for the period ended June 30, 2020. Net earnings…

Infographic: Delta Air Lines (DAL) reports Q2 2020 earnings

Following a challenging flying season, Delta Air Lines (NYSE: DAL) on Tuesday kicked off the aviation earnings with mixed results.…

JP Morgan reports 51% decline in net earnings for Q2 2020

JPMorgan Chase & Company (NYSE: JPM) reported second quarter 2020 earnings results today. Net revenue on a reported basis was…

Biocept (BIOC) – Is it worth buying?

Investing in microcap stocks are considered to be risky; even higher so in uncertain market environments like the one we…

Expanding portfolio to help Elastic (ESTC) strengthen foothold in SaaS market

Elastic N.V. (NYSE: ESTC), the company that pioneered enterprise search technology, has been thriving on the growing adoption of its…