financial performance

Wall Street Uneasy About Options-Driven Momentum Trade as Nvidia’s Earnings Report Looms

by
Wall Street Uneasy About Options-Driven Momentum Trade as Nvidia’s Earnings Report Looms

Wall Street Raises Concerns about Options-Driven Momentum Trade | HighlyRespectableNews Wall Street Raises Concerns about Options-Driven Momentum Trade Wall Street is growing increasingly uneasy about an options-driven momentum trade that has helped push the S&P 500 index into record territory. Analysts Eye Nvidia Earnings Report Market analysts pinpoint Nvidia Corp.’s earnings report as a potential … Read more

Mark Zuckerberg Announces Meta’s First-Ever Dividend, but IRS Eyes Millions in Taxes

by
Mark Zuckerberg Announces Meta’s First-Ever Dividend, but IRS Eyes Millions in Taxes

Meta CEO Mark Zuckerberg Set to Earn $700 Million in Dividends Meta CEO Mark Zuckerberg Set to Earn $700 Million in Dividends Mark Zuckerberg, CEO of Meta Platforms Inc., delighted Meta shareholders and Wall Street this week with the announcement of the company’s first-ever dividend. This news comes as Meta’s stock dividends prove to be … Read more

Bank of America Corp. (BAC) Stock Falls 0.44% as Market Dips | Oct. 12, 2023

by
Bank of America Corp. (BAC) Stock Falls 0.44% as Market Dips | Oct. 12, 2023

Published: Oct. 12, 2023 at 4:32 p.m. ET Shares of Bank of America Corp. BAC slumped 0.44% to $26.90 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.62% to 4,349.61 and Dow Jones Industrial Average DJIA falling 0.51% to 33,631.14. The … Read more

“Charles Schwab and State Street Report Decline in Deposits Due to Rising Interest Rates”

by

State Street and Charles Schwab have recently experienced a significant drop in deposits. The decrease in assets has been attributed to a variety of external factors, including the COVID-19 pandemic and current economic uncertainty. As two of the industry’s largest custodians, these developments raise important questions about the state of the financial market and the … Read more

Bank Mandiri Profit Translucent IDR 41.2 T, Up 47%

by

Jakarta, CNBC Indonesia – PT Bank Mandiri (Persero) Tbk recorded a profit of IDR 41.2 trillion in 2022. This achievement has increased by 46% on an annual basis compared to the previous year. Main Director of Bank Mandiri, Darmawan Junaidi, said that this achievement was achieved due to the strong performance of Bank Mandiri. Very … Read more

The Loss of Issuers Fronted by Artist Ricky Harun Jumps 348%

by

Jakarta, CNBC Indonesia – The financial performance of PT HK Metals Utama Tbk (HKMU) is getting depressed. In the first quarter of this year, the company recorded a loss of Rp 13.7 billion, a 348.36 percent increase over the same period the previous year, Rp 3.06 billion. The real pressure can be seen from HKMU’s … Read more

Sritex Loss Rp. 15.66 Trillion Until It Is Threatened With Delisting

by

Jakarta, CNBC Indonesia – There are an additional 113 new issuers that are included in the List of Equity Securities Under Special Monitoring of the Indonesia Stock Exchange (IDX), which is effective starting Tuesday (31/5/2022). Whereas previously as of Monday (30/5/2022), there were only 19 issuers on the list. Thus, there are now a total … Read more

Excellent! BRI’s Consolidated Net Profit Fly 76% to Rp 12 T

by

Jakarta, CNBC Indonesia – PT Bank Rakyat Indonesia Tbk (BBRI) has released its performance results for the first quarter of 2022. This state-owned bank posted a consolidated interest income of Rp 36.71 trillion, up 5.89% compared to the same period the previous year, which was Rp 34.69 trillion. In line with this income, the net … Read more

Commodity Boom, Tin (TINS) Profits IDR 1.3 T in 2021

by

Jakarta, CNBC Indonesia – The state-owned mining company PT Timah Tbk (TINS) also felt the positive impact of the commodity price boom throughout 2021. The company’s performance was very satisfactory in 2021, where the company managed to make a profit compared to a loss in 2020. Timah recorded a profit of Rp 1.3 trillion in … Read more

Called Erick Willing to Bankrupt, KRAS In fact Printed Profit of Rp. 1.06 T

by

Jakarta, CNBC Indonesia – The state-owned steel producer, PT Krakatau Steel (Persero) Tbk (KRAS), recorded a profit of Rp 1.06 trillion for the period of November 2021. In the same period, the company posted revenue of Rp. 30 trillion, an increase of 66.8% compared to revenue in the same period in 2020. Krakatau Steel’s Finance … Read more