Hewlett Packard Enterprise: Q3 2023 Earnings Preview

Hewlett Packard Enterprise Co. is a global edge-to-cloud company, actively engaging in the provision of information technology, technology and enterprise products, solutions and services. It operates through various segments namely Compute (general purpose servers for multi-workload computing, workload optimized servers for demanding applications), High Performance Computing & Artificial Intelligence (offers hardware and software solutions to

2Q 2023 Earnings Season: Workday Inc.

Workday, Inc is a cloud-based software provider specialising in financial management, enterprise resource planning (ERP) and human capital management (HCM) applications and is a pioneer in human resources software-as-a-service (SaaS). The company was founded in 2005, in Pleasanton, California, USA and has a market capitalisation of $59.31B. The company is expected to report its third

Earnings Season Q2 2023: GAP

Gap, which has a market capitalization of $3.81B, is a famous American clothing retailer known for its focus on casual and fashionable clothing under its main brand (and other sub-brands such as Old Navy, Banana Republic, Athleta, etc). It was founded in 1969 in San Francisco, California, United States where it has most of its

Index declines at Monday open as market waits to view retail sales, earnings

Share: S&P 500 has given up 2.72% so far in August. The index is in an official short-term downtrend. Target, Walmart and Home Depot release quarterly earnings this week. US Census Bureau reports July US Retail Sales on Tuesday. S&P 500 opened Monday lower alongside other major indices. The S&P 500 traded off about 0.1%

Key earnings after the close

The earnings season is almost over although Disney will release earnings tomorrow and Nvidia was scheduled to release later in the month. For today, the major releases showed: Lyft Inc (LYFT) BEAT: Q2 2023 USD: Adj. EPS 0.16, exp. -0.01, Revenue 1.02bln, exp. 1.02bln. Take-Two Interactive Software Inc (TTWO) MISS: Q2 2023 USD: EPS -1.22,

Positive start in the US stock market as earnings lower PCE help

Major US stock indices are off to a positive start. Earnings overnight came in better than expectations and that has been the trend this week (generally speaking). The prices are rebounding as well after yesterday’s decline which saw the Dow industrial average snap its 13 day winning streak. All good things have to come to