First, the change can be explained by higher interest rates and higher commodity prices. This is stoking demand for “cyclical” companies like industrials and financials that benefit from more gross domestic product. Many of these companies struggled before the crisis and are now being rediscovered for the first time in years.
In the early days, iRobot developed Genghis™, a robot designed for space exploration. In 1997, the company designed “Sojourner” for Mars exploration due to request from NASA. Since the introduction of its Roomba® robot vacuum cleaner in 2002, iRobot has sold more than 25 million robots and become a leading global consumer robot company with strong revenue growth over the past decade.
Both U.S market and Australian market are hitting record highs, let’s keep an eye on the companies that going to announce their earnings this week.… Read More »Earnings Season is ramping up, the companies to watch this week (29th April – 5th May 2019)
Xiaomi Corporation is a Chinese electronics company headquartered in Beijing and listed on the Hong Kong Stock Exchange (stock code:1810). Xiaomi produces smartphones, laptops, and Internet of things (IoT) products, as well as internet services. It was founded by Lei Jun in 2010 and grew rapidly to a major tech player in China. Xiaomi started its international expansion from 2014 and went public on HKSE in July 2018.
In November, we wrote an article analyzing the third quarter earnings for Netflix competitor, Roku Inc. At that time, the share price was at around… Read More »Roku’s share price gained 25% in a single day after earnings and has more than doubled this year
Highlights: Grubhub Inc. (NYSE: GRUB) reported $1.0 billion in revenue (+47.5% year-over-year) and $5.0 billion in food sales (+34% YOY) Take rate increased to 20.9%… Read More »Grubhub Earnings Break US $1 Billion in revenue with over 17 million active users
Popular medical marijuana company, Tilray, and many more will report their earnings to the market this week. Pay close attention to these companies! Summary: 1. … Read More »U.S. Earnings Analysis – Projections & Insights
Summary: Model 3 Car selling volume increased 3 times Tesla Production Ramped Up in 2018 Revenue doubled while operating expenses declined Bring Model 3 to… Read More »70% Up in Revenue and Achieved Positive Free Cash Flow: Q3 Earnings Review of Tesla