Business news

    VIDEO: Kroger jumped 11.6% on impressive Q4 results

    VIDEO: Kroger jumped 11.6% on impressive Q4 results
    Video Player is loading.
    Current Time 0:14
    Duration 1:26
    Loaded: 69.62%
    Stream Type LIVE
    Remaining Time 1:12
     
    1x
      • Chapters
      • descriptions off, selected
      • captions off, selected
      • default, selected

      The US markets returned to negative territory on Thursday as investors grew worried over the possible impacts lower consumption of Russian commodities like oil will have on the already high US inflation rate. In tech news, cloud software company Snowflake plunged 15% after reporting fourth-quarter results including its slowest growth since 2019. A spotlight on Kroger as the US-based supermarket chain giant jumped 11.6% after reporting better-than-expected fourth-quarter results that beat Wall St expectations for earnings per share and revenue. EA Games is the latest global company to take action against Russia by removing Russian teams from its popular Fifa 22 video game.

      Disclaimer

      Grafa is not a financial advisor. You should seek independent, legal, financial, taxation or other advice that relates to your unique circumstances. Grafa is not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on the information provided directly or indirectly by use of this platform.

      Publisher
      Grafa