Visa Inc., NVIDIA, Walmart are the ones to read about today.
The leading indices are falling — Nasdaq trades at 10,962 after losing 0.48%. S&P 500 drawing back 0.15% to 3,935.54.
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 are down, mega cap stocks have released their quarterly earnings reports. Have a look at this rundown.
The electronic funds transfer specialist drops 1.23% in early trade and remains within touching distance of the $206.51 level.
The electronic funds transfer specialist is now trading 17.69% above the significant low ($177.65) it slumped to 2 months ago. So far in 2022, it has been outperforming the Dow by 3.32%. Visa Inc.'s market cap currently stands at $336.17 billion with an average daily trading volume of 7.26 million shares.
The electronic funds transfer specialist drops 1.23% in early trade and remains within touching distance of the $206.51 level.
The electronic funds transfer specialist is now trading 17.69% above the significant low ($177.65) it slumped to 2 months ago. So far in 2022, it has been outperforming the Dow by 3.32%. Visa Inc.'s market cap currently stands at $336.17 billion with an average daily trading volume of 7.26 million shares.
After closing yesterday at $149.89, the warehouse stores chain company went up to $151.21 only to drop back some of the way, and is now trading at $150.22.
The past 3 months have been positive for the discount department and warehouse stores chain as it added 13.26% compared to its 3-month low of $118.29. So far in 2022, it has performed better than the Dow by 12.52%. Walmart is currently trading with a market cap of $405.13 billion with an average daily volume of 7.30 million shares.
Following yesterday's session which closed at $317.45, Home Depot went up to $322.86 today only to drop back and trade at $319.5.
Having set a significant high of $416.18 2 months ago, the DIY home improvement retailer is trading 19.08% lower. So far in 2022, it has been doing worse than the Dow Jones by 13.42%. The company's market cap is $325.63 billion with an average daily volume of 5.11 million shares.