What’s going on? Walmart reported worse-than-expected earnings, driving its shares to fall by their biggest one-day drop in almost a year. What does that mean? With groceries, cleaning products, and plenty of other lockdown essentials, Walmart’s been a one-stop shop for Americans throughout the pandemic; especially when fresh government checks encouraged shoppers to buy last quarter….
Tag: covid
Ep 136: Airbus’s better-than-expected earnings
What’s going on? Airbus (French aircraft manufacturer) reported better-than-expected earnings, but could still only see the pandemic coming. What does that mean? Good news: Airbus delivered more aircraft than analysts expected last quarter, meaning that Airbus ended up getting more cash than it expected. Bad news: the pandemic is still damaging Airbus’s profits, and the…
Ep 133: Shell’s worse-than-expected Q4 performance
What’s going on? Shell’s Q4 earning missed analysts’ expectations with an 87% drop in profit But its dividend is upped. What does that mean? 2020 was hard for oil companies, with ongoing travel restrictions. Shell’s feeling surprisingly optimistic about the scenario of economic recovery by the 2nd half of 2021 with the vaccine. Shell reckons…
Ep 132: Russian Covid-19 Vaccine found highly effective in trial
What’s going on? Russia’s Sputnik V vaccine demonstrated high efficacy and safety in trial, boosting its ambition to roll out the vaccine abroad and curb the pandemic home. What does that mean? Effectiveness In the peer-review study, the vaccine showed: 91.6% effectiveness against symptomatic Covid 100% protection against severe cases 0 serious side effects Commercial…
Ep 128: Vietnam Steel Industry: Rising demand and Fierce competition
What’s going on? The demand for Steel in Vietnam is expected to grow with positive macroeconomics signals, capital outflows from China, and newly-signed free trade agreements. Along with that, competition appears to be sharper with the strong growth of Hoa Phat and the shrinking of Pomina and Vinakyoei. The rising demand drivers Volume Steel consumption…
Ep 125: Airbnb’s official IPO
What’s going on? Airbnb finally moved onto the stock market and its shares initially more than doubled. What does this mean? Although the pandemic has made life difficult for Airbnb, but it surprised everyone by actually turning a profit, thanks to the trend of day trips. Airbnb thought it was about time to go public…
Ep 117: Tok The Tok
What’s Going On Here? ByteDance – the parent company of TikTok – is not only the most valuable startup but is also wildly profitable. What Does This Mean? ByteDance more than doubled its revenue to $17 billion in 2019, while also recording a profit of $3 billion, beating YouTube’s $15 billion revenue and closing in on Instagram’s $20…
with HT 