📊 Citigroup grows after solid results! Citigroup $C3.6%, the third-largest U.S. bank, delivered a very strong performance in the second quarter, beating analysts' expectations on almost every front. Net income rose year-over-year by 25 % to $4.02 billion, earnings per share reached $1.96($1.60 expected) and revenue jumped by 8 % to $21.7 billion.
📅 This week's key events! The results season begins! Apart from inflation data, US banks, tech firms and consumer companies are the main ones coming to the fore.
📌 Monday Market reaction to Trump's tariffs announcement.
Results before markets open: Orkla $ORKLY-1.4% - Scandinavian giant in food, household chemicals and consumer goods.
📈 Tuesday US CPI Inflation - The monthly consumer... Read more
✈️ Delta Air Lines shares appreciate more than 10% after earnings announcement! Delta $DAL-4.1% was the first U.S. airline to release second quarter results, and it appears to have beaten expectations both in terms of numbers and sentiment. Indeed, after several months of weaker demand, booking trends are starting to stabilise. And the market has reacted very positively to this.
💊 Acquisition of Verona Pharma for 10 billion USD! Pharmaceutical giant Merck $MRK is expanding its portfolio as it announced the acquisition of Verona Pharma $VRNA0.1%, a British company specializing in the treatment of chronic lung disease (COPD). The value of the acquisition is expected to reach approximately $10 billion. This is the company's largest transaction since 2023 a... Read more
Daimler Truck Holding $DTG.DE0.8%, one of the global leaders in truck and commercial vehicle manufacturing, has announced a new share buyback of up to €2 billion. The program is scheduled to start in the second half of 2025 and run for up to two years.
📅 This week's key events! Important geopolitical events, market data, the start of earnings season and even the Fedminutes are on the schedule this week. Here are the most important things to watch:
🌍 Monday BRICS Summit - a summit of emerging economies. Discussion of alternative currencies, strengthening trade ties outside the dollar system, and energy cooperation could all have... Read more
📈 Datadog is heading to the S&P 500 index! Shares of Datadog $DDOG jumped more than 15 %! This is due to the inclusion of this technology company in the prestigious S&P 500 index , where it will replace Juniper Networks after its recent acquisition by Hewlett Packard Enterprise $HPE-1.8%.
📢 US banks increase dividends and buybacks! The financial sector in the United States has just sent a clear signal to investors: the capital position of the largest banks is robust and so they are rewarding their shareholders. After successfully passing the Fed's stress tests , the banking giants have announced significant dividend increases and the launch of new share buyback... Read more
☁️ Oracle at historic highs! Shares of Oracle $ORCL2.5%, which specializes in enterprise software, database systems and cloud services, jumped to all-time highs after the company announced it will begin generating more than $30 billion a year from a new cloud deal starting in fiscal year 2028.
📅 This week's key events! Important events this week will be labour market and macroeconomic indicators. Friday will be quiet on the stock markets due to Independence Day.
🎙️ Tuesday Fed Chairman Powell's Speech - What is his view on the current state of the US economy? 🏭 ISM Manufacturing PMI - An indicator of the current health of the industry. 💼 JOLTS Job Openings - An important... Read more
📈 Micron announces record quarter and ambitious outlook! In the third fiscal quarter of 2025, Micron Technology $MU1.3% demonstrated a return to a growth trajectory. Record revenues of $9.3 billion, a nearly fivefold year-over-year increase in net income, and significant margin improvement across segments show that the memory industry has its strong period ahead.
🚀 AeroVironment surprises Wall Street and the stock appreciates! Shares of unmanned systems maker AeroVironment $AVAV-0.4% have shot up by more than 20 % after the company significantly beat expectations on both earnings and revenue. One analyst even compared the company to "the Palantir of hardware." which further boosted growth. Indeed, the results confirm that AeroVironment is... Read more
🎮 Microsoft and AMD join forces! Microsoft $MSFT last week announced a strategic partnership with AMD $AMD6.4% to shape the future of the Xbox platform across home consoles and cloud services. The goal is to develop next-generation custom chips that will take gaming to a whole new level.
📅 Key events of the upcoming week! Markets will react to developments in the Middle East. I'll be watching more results of interesting companies and many other macroeconomic events.
🏭Monday Services and Manufacturing PMI (US) - Hints of the pace of economic activity in June. 🏘️ Existing Home Sales - We'll see how the US housing market performs. 🎙 Waller's FOMC speech - Possible... Read more
🥫 Kroger is growing - cheap brands and home cooking are driving results! While many retailers are reporting stagnation or uncertainty, Kroger $KR-0.6% is showing interesting growth.
The company's shares gained more than 9 %after the company raised its full-year sales outlook and reported strong results in segments that reflect current consumer behavior: the search for lower prices,... Read more
I will be interested in the results of $NFLX-0.1%, $BAC-2.0% and $TSM3.6%.