The week includes some events that will drive equities and bond markets around the globe. News on Friday that China might cancel some of the covid restrictions boosted the investor’s sentiment and supported the equities markets
DraftKings (DKNG) reported today strong third-quarter earnings results and weaker-than-expected forward guidance that disappointed investors.
PayPal reported solid third-quarter earnings and revenue figures. Earnings and revenue figures came above the Wall Street expectations.
Roku stock is under selling pressure after the company released the third-quarter earnings report and forecasted dismal fourth-quarter figures.
Robinhood Markets (HOOD) today announced financial results for the Q3 of 2022. The company achieved an adjusted EBITDA profitability, a quarter earlier than its plans, due to solid cost cutting and increasing revenues.
Airbnb (ABNB) reported strong third-quarter earnings report that mostly beat the analyst’s expectations, as it was the most profitable quarter in the company’s history.
Pfizer (PFE) reported strong third-quarter earnings that beat analysts’ expectations both in the top and bottom line. The company also raised its full-year guidance.
Global Payments (GPN) reported the financial results for the Q3 that ended September 30, 2022. The revenue beat the expectations while profit was in line with the forecasts.
Investors will focus on the following key events for the next week, after a strong rebound for equities and cryptocurrencies the previous week. Earnings season continues
Dogecoin is in a strong rally today adding over 54% at $0.12971; the move brought the Doge price to April 2022 levels. The rally for Dogecoin continues for the fifth consecutive day as investors and traders are excited about the acquisition of Twitter
