Visa Inc., NVIDIA, Walmart are the ones to read about today.
Leading equity indices in the US declined as Dow Jones closed at 33,849, a 1.45% change. S&P 500 shed 1.54% and closed at 3,964.
What is an earnings report?
An earnings report is an official statement of a company's profitability over a certain period of time. Usually, these reports are released four times a year (quarterly reports) and have a significant impact on the market. These announcements are typically taken into consideration when making predictions.
Markets were down, mega cap stocks have released their quarterly earnings reports. Have a look at this rundown.
An influx of sellers pushed the multinational financial services company to end the session lower around $211.26, while establishing a $210.66 to $214.46 session range yesterday.
Visa Inc. hit a significant low of $177.65 around a month ago, but has since recovered 20.34%. So far in 2022, it has been outperforming the Dow Jones by 4.51%. Visa Inc.'s market cap currently stands at $343.97 billion with an average daily volume of 6.88 million shares.
An influx of sellers pushed the multinational financial services company to end the session lower around $211.26, while establishing a $210.66 to $214.46 session range yesterday.
Visa Inc. hit a significant low of $177.65 around a month ago, but has since recovered 20.34%. So far in 2022, it has been outperforming the Dow Jones by 4.51%. Visa Inc.'s market cap currently stands at $343.97 billion with an average daily volume of 6.88 million shares.
Having ended a bullish session yesterday at $153.51, momentum helped Walmart finish the day 44 cents or 0.29% higher, although mixed sentiments ensured the warehouse stores chain company etched out a distinct $152.72 to $154.64 session range.
The past 3 months have been positive for the discount department and warehouse stores chain as it added 15.19% compared to its 3-month low of $118.29. So far in 2022, it has performed better than the Dow Jones by 13.78%. The company's market cap is $416.66 billion with an average daily trading volume of 6.63 million shares.
The DIY home improvement retailer plunged into the red after losing 2.29%, declining to $318.92.
Having set a significant high of $416.18 2 months ago, the DIY home improvement retailer is trading 22.43% lower. So far in 2022, it has been doing worse than the Dow by 12.17%. Home Depot's market cap is currently $325 billion with an average daily volume of 4.56 million shares.