Stock market news

International Business Machines

International Business Machines's GAAP net income for 6 months of 2023 was $2.511 billion, up 18.2% from $2.125 billion in the prior year. Revenue declined 0% to $29.727 billion from $29.732 billion a year earlier.

Tesla

Tesla's GAAP net income in Q2 2023 was $2.614 billion, up 15.2% from $2.269 billion in the prior year. Revenue increased 47.2% to $24.927 billion compared to $16.934 billion a year earlier.

Netflix

Netflix's GAAP net income for 6 months of 2023 was $2.793 billion, down 8.1% from $3.039 billion in the prior year. Revenue increased 3.2% to $16.349 billion from $15.838 billion a year earlier.

Sberbank

Sberbank is exploring the possibility of opening a branch in Bangladesh to participate in bilateral trade and conduct settlements in alternative currencies to the dollar. So far, the bank has already held two rounds of discussions with the country's regulator. Sberbank has one foreign branch - in India, it has been operating in New Delhi since 2010. In the f...

Solidcore Resources

Moscow Exchange decided to restrict settlement codes on Polymetal shares until the completion of the company's redomiciliation. Securities will become unavailable for transactions in the main trading mode from July 26. Company expects to complete the redomiciliation in early August, after which Moscow Exchange intends to resume trading.

Activision Blizzard

Activision Blizzard's GAAP net income for 6 months of 2023 was $1.328 billion, up 2X from $0.675 billion in the prior year. Revenue increased 34.5% to $4.59 billion from $3.412 billion a year earlier.

TMK

Cyprus-based TMK Steel Holding has been redomiciled to a special administrative district on Russky Island in Primorsky Krai, according to data from the Unified State Register of Legal Entities. Until March 2022, 90.6% of TMK through the Cyprus-based TMK Steel Holding belonged to the company's founder Dmitry Pumpyanskiy. Last spring, Pumpyanskiy and his famil...

Goldman Sachs

Goldman Sachs' GAAP net income for 6 months of 2023 was $4.45 billion, down 35.2% from $6.866 billion in the prior year. Revenue declined 6.8% to $23.119 billion from $24.797 billion a year earlier.

Far-Eastern Shipping Company

NCSP is a leader in the ranking of Russian ports in terms of container turnover. In the first six months of 2023, the port handled 429,987 TEU, 24% more than a year earlier.

Inter RAO

Inter RAO Group is finalizing negotiations on the purchase of Ural Turbine Plant, the largest manufacturer of steam turbines in Russia. This asset until the beginning of the year belonged to Renova, which has been under US sanctions since April 2018. And then it was sold to the little-known company Moselectroshchit, the amount of the deal then, according to...