FMP
Aug 31, 2021 12:22 AM - Davit Kirakosyan
S&P 500 grew 0.43% today after reaching its all-time high on Friday, while Nasdaq rose 0.90%. The rise in US stock indexes today was driven by technology stocks, with Alphabet (NASDAQ:GOOG), Lululemon Athletica (NASDAQ:LULU), Atlassian (NASDAQ:TEAM) hitting their all-time highs.
Investors became optimistic following comments from Federal Reserve Chairman Jerome Powell on Friday, according to whom 2021 inflation growth would prove temporary, eliminating the concerns that rapidly rising prices could become a permanent feature of the economy, making Fed accelerate interest rates hikes and cut short the recovery. Powell mentioned the inflation which hit its highest readings in decades is a cause of concern, but he believes these trends are short-term.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...