Visa Inc., NVIDIA, Walmart are the ones to read about today.
Leading equity indices in the US declined as S&P 500 lost 1.44% and ended the session at 3,941.26. Nasdaq was down 2% before closing the session at 11,000.
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 $213.68, Visa Inc. declined to $207.64 yesterday before closing at $209.08, thereby losing 2.15% in total.
Visa Inc. hit a significant low of $177.65 around 2 months ago, but has since recovered 20.28%. So far in 2022, it has performed better than the Dow Jones by 5.3%. Visa Inc. is currently trading with a market cap of $340.35 billion with an average daily volume of 7.48 million shares.
After ending Monday at $213.68, Visa Inc. declined to $207.64 yesterday before closing at $209.08, thereby losing 2.15% in total.
Visa Inc. hit a significant low of $177.65 around 2 months ago, but has since recovered 20.28%. So far in 2022, it has performed better than the Dow Jones by 5.3%. Visa Inc. is currently trading with a market cap of $340.35 billion with an average daily volume of 7.48 million shares.
The discount department and warehouse stores chain plunged into the red after losing 1.16%, declining to $149.89.
The discount department and warehouse stores chain now trading 14.59% above its 3-month low of $118.29. So far in 2022 it has been beating the Dow by 13.64%. The company has a market cap of $404.22 billion with an average daily trading volume of 7.18 million shares.
Early in yesterday's session, Home Depot dropped to $314.54 from $320.08 at the end of Monday, before closing at $317.45. During the session, it lost 0.82%.
The day's trading volume totalled 3.18 million shares — under the 21-day average of 5.17 million.