Visa Inc., NVIDIA, Walmart are the ones to read about today.
Leading equity indices in the US declined as Nasdaq lost 0.59% and ended the session at 10,984. S&P 500 shed 0.16% and closed at 3,957.63.
What is an earnings report?
An earnings report is an official statement of a company's profitability over a certain period of time. These reports are typically announced once a quarter, and their timing is considered when making predictions about the market due to the large impact they have on it.
Markets were down, mega cap stocks have released their quarterly earnings reports. Have a look at this rundown.
After ending Monday at $211.26, Visa Inc. dropped to $207.35 early in yesterday's session and closed at $209.06. In total, it lost 1.04%.
Visa Inc. hit a significant low of $177.65 around 2 months ago, but has since recovered 18.92%. So far in 2022 it has been beating the Dow Jones by 2.54%. Visa Inc.'s market cap is currently $340.39 billion with an average daily volume of 6.99 million shares.
After ending Monday at $211.26, Visa Inc. dropped to $207.35 early in yesterday's session and closed at $209.06. In total, it lost 1.04%.
Visa Inc. hit a significant low of $177.65 around 2 months ago, but has since recovered 18.92%. So far in 2022 it has been beating the Dow Jones by 2.54%. Visa Inc.'s market cap is currently $340.39 billion with an average daily volume of 6.99 million shares.
Grinding lower but with no clear-cut direction, the discount department and warehouse stores chain closed the session at $152.97 after forming a distinct $152.55 – $153.71 range.
The past 3 months have been positive for the discount department and warehouse stores chain as it added 15.06% compared to its 3-month low of $118.29. So far in 2022, it has performed better than the Dow by 13.8%. The company's market cap is $415.20 billion with an average daily volume of 6.64 million shares.
Pronounced bearish market sentiment ensured that the DIY home improvement retailer made a notable 0.93% loss yesterday, declining $2.96 and ultimately closing at $315.96. The day's trading volume totalled 3.43 million shares — slightly below the 21-day average of 4.64 million.