Tag: earnings

  • XPO Logistics tanks after earnings miss, 2019 warning

    XPO Logistics tanks after earnings miss, 2019 warning

    [ad_1] Shares of XPO Logistics, one of the largest transportation and warehouse companies in the world, plummeted more than 13 percent in the premarket Friday after reporting weaker-than-expected earnings and issuing a dire warning about its business in 2019. XPO Logistics posted adjusted fourth-quarter earnings per share of 72 cents on Thursday, well below a…

  • Traders expect Nvidia to see a huge move on earnings

    Traders expect Nvidia to see a huge move on earnings

    [ad_1] Semiconductors are surging this year. The SMH ETF that tracks the space is up 17 percent in 2019, with a number of names in the group soaring double digits. Nvidia finds itself right in the middle of the pack, rallying 15 percent after a brutal end to 2018 cut the stock in half. The…

  • Nvidia earnings Q4 2019

    Nvidia earnings Q4 2019

    [ad_1] Chipmaker Nvidia will announce earnings for the fourth quarter of its 2019 fiscal year after market close on Thursday. Executives will discuss the results with analysts on a conference call at 5:30 p.m. Eastern time. Here are the key numbers: Earnings: 75 cents per share, excluding certain items, as expected by analysts, according to…

  • SurveyMonkey tanks after Q4 earnings

    SurveyMonkey tanks after Q4 earnings

    [ad_1] SurveyMonkey tanked as much as 15 percent Thursday, a day after reporting fourth-quarter earnings results. The company reported a loss per share of 3 cents, exactly in line with Wall Street estimates, and quarterly revenue of $67.9 million, beating out consensus estimates of $65.9 million. The company also announced Tim Maly, who serves as…

  • Cisco earnings Q2 2019

    Cisco earnings Q2 2019

    [ad_1] Adam Galica | CNBC Chuck Robbins, CEO of Cisco, speaking at the 2019 WEF in Davos, Switzerland on Jan. 23rd, 2019. Cisco shares rose in extended trading on Wednesday after the manufacturer of networking equipment reported quarterly revenue and earnings that beat analysts’ estimates. Here are the key numbers for Cisco’s fiscal second quarter:…

  • Wall Street bear warns the earnings slowdown will crush rally

    Wall Street bear warns the earnings slowdown will crush rally

    [ad_1] Wall Street bear Peter Boockvar warns that 2019’s market rally is flawed, and a major setback will slam stocks. His chief reasons include sluggish global growth, the earnings slowdown and a fuzzy economics picture. “I would be fading this rally thinking that it’s more of a bear market bounce rather than this is the…

  • Yelp Q4 earnings 2018

    Yelp Q4 earnings 2018

    [ad_1] Yelp shares jumped more than 7 percent after releasing its earnings report Wednesday where it announced it is increasing its share buyback by $250 million. The company handily beat analyst expectations on both revenue and earnings per share. Here are the numbers Yelp posted compared to analyst expectations: Earnings per share: $0.37 per share…

  • Activision Blizzard Earnings Q4 2018

    Activision Blizzard Earnings Q4 2018

    [ad_1] Troy Harvey | Bloomberg | Getty Images Attendees play the Activision Blizzard Inc. Call Of Duty: Black Ops 4 video game at the company’s booth during the E3 Electronic Entertainment Expo in Los Angeles, California, U.S., on Tuesday, June 12, 2018.  Activision Blizzard reported mixed fourth-quarter results Tuesday and offered weak guidance for the…

  • S&P, Nasdaq edge higher as earnings offset trade fears

    S&P, Nasdaq edge higher as earnings offset trade fears

    [ad_1] NEW YORK (Reuters) – The benchmark S&P 500 index and the Nasdaq edged upward to snap a two-day losing streak on Friday as positive corporate results offset lingering skepticism over the United States and China reaching a trade deal before the March 1 deadline. A screen displays a chart tracking the Dow Jones Industrial…

  • Twitter Q4 2018 earnings

    Twitter Q4 2018 earnings

    [ad_1] Twitter reported earnings for its fourth quarter 2018 Thursday, posting revenue and GAAP earnings per share that beat estimates and monthly active users that roughly met analyst expectations. The stock was bouncing around following the news, but was mostly up slightly. Here’s what Twitter reported: Earnings per share: 31 cents ex-items vs. 25 cents…

  • Sonos announced CFO retiring in Q1 2019 earnings

    Sonos announced CFO retiring in Q1 2019 earnings

    [ad_1] Sonos plunged more than 11 percent in after hours trading Wednesday after reporting its Q1 2019 earnings and announcing its Chief Financial Officer Michael Giannetto plans to retire. In an SEC filing, the company said Giannetto will continue in his role until the company appoints a successor. Sonos reported earnings per share of $0.55…

  • Downbeat earnings push Wall Street lower

    Downbeat earnings push Wall Street lower

    [ad_1] (Reuters) – Wall Street dipped on Wednesday as disappointing forecasts from videogame makers pulled the communications sector lower, but a boost from technology companies kept the main indexes near two-month highs. FILE PHOTO – Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 4, 2019. REUTERS/Brendan…

  • Snap reported solid earnings and here’s what analysts think

    Snap reported solid earnings and here’s what analysts think

    [ad_1] Wall Street analysts were mostly caught off guard by Snap‘s better than expected earnings report after the bell on Tuesday. The technology and social media company posted a solid quarter showing a more stable user base. Shares were up 24 percent at the open to $8.77, but most analysts remained negative on the stock.…

  • TomTom Earnings Beat Expectations, Expects Growth in Digital Maps

    TomTom Earnings Beat Expectations, Expects Growth in Digital Maps

    [ad_1] Dutch navigation company TomTom on Wednesday beat expectations with a rise in fourth-quarter core earnings and issued its first forecasts as a more focused supplier of digital maps to automakers and software companies. Earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to EUR 43.6 million ($49.65 million) from 38 million a year earlier, said…

  • Daimler fourth quarter tempered by weaker Mercedes earnings as tariffs hit

    Daimler fourth quarter tempered by weaker Mercedes earnings as tariffs hit

    [ad_1] FILE PHOTO: The Mercedes-Benz logo is seen before the company’s annual news conference in Stuttgart, Germany, REUTERS/Michaela Rehle/File Photo STUTTGART (Reuters) – Daimler’s fourth-quarter operating profit fell 22 percent as trade wars and ballooning costs for developing electric and self-driving cars hit profits at Mercedes-Benz cars, the company said on Wednesday. Daimler said the…

  • Snap earnings Q4 2018

    Snap earnings Q4 2018

    [ad_1] Snap was able to maintain its user base at 186 million daily active users, flat from the previous quarter. Analysts were expecting the company’s user base to continue shrinking as it had over the past two quarters. The promising results come at a crucial time for the Los Angeles tech company, which had a…

  • Disney earnings Q1 2019

    Disney earnings Q1 2019

    [ad_1] Walt Disney reported earnings per share and revenue that topped analyst estimates Tuesday, helped by sales increases in its media networks and theme parks businesses, as the company said its sports streaming service ESPN+ now has 2 million paid subscribers. The earnings report comes as the entertainment giant expands its direct-to-consumer offerings amid growing…

  • EA Q3 2019 earnings

    EA Q3 2019 earnings

    [ad_1] Patrick T. Fallon | Bloomberg | Getty Images Andrew Wilson, chief executive officer of Electronic Arts Inc. (EA), speaks during the company’s EA Play event ahead of the E3 Electronic Entertainment Expo in Los Angeles, California, U.S., on Saturday, June 10, 2017. EA fell more than 14 percent after hours after reporting its third-quarter…

  • This earnings trend hasn’t happened since beginning of bull market

    This earnings trend hasn’t happened since beginning of bull market

    [ad_1] Independent research firm Bespoke Investment has uncovered an earnings trend that hasn’t happened since the bull market started. According to its co-founder Paul Hickey, companies are seeing their strongest stock price performances on the days they’re reporting earnings in a decade. “The average return of companies reporting earnings so far this earnings season has…

  • Disney’s earnings show why it should have released ‘Solo’ in December

    Disney’s earnings show why it should have released ‘Solo’ in December

    [ad_1] Despite the upheaval, Disney did not change the film’s May 10 release date. “Solo” was sandwiched between two of Disney’s big summer films: “Avengers: Infinity War” and “The Incredibles 2” and hit theaters a week before “Deadpool 2.” “There was too much crossing of the streams, to quote another franchise,” Shawn Robbins, senior analyst…

  • Alphabet Q4 earnings: All the important numbers

    Alphabet Q4 earnings: All the important numbers

    [ad_1] Bloomberg | Bloomberg | Getty Images Sundar Pichai, chief executive officer of Google Inc., attends a news conference in New Delhi, India, on Wednesday, Jan. 4, 2017. Alphabet appears to have spooked investors with its fourth-quarter earnings report Monday. The stock shed 3 percent immediately after the report and opened in negative territory Tuesday.…

  • Alphabet earnings Q4 2018

    Alphabet earnings Q4 2018

    [ad_1] Alphabet reported fourth-quarter results Monday that beat expectations across the board. Still, the stock fell 3 percent in extended trading, on continuing pressure on advertising prices and decreasing margins. Here’s how the company did compared with Wall Street estimates: Earnings: $12.77 per share vs. $10.82 according to Refinitiv consensus estimates Revenue: $39.28 billion vs.…

  • It’s becoming the best earnings season in 9 years for stock reaction

    It’s becoming the best earnings season in 9 years for stock reaction

    [ad_1] However, investors might have been just ignoring the bad news because the growth estimates in 2019 are pointing to a big deceleration. Wall Street analysts are slashing their estimates for the next quarter at a record pace. According to FactSet, the first-quarter bottom-up earnings per share estimate has dropped by 4.1 percent during January,…

  • U.S. corporate earnings trend stokes concern about 2019 outlook

    U.S. corporate earnings trend stokes concern about 2019 outlook

    [ad_1] NEW YORK (Reuters) – U.S. companies are beating analysts’ expectations this earnings season, but to a smaller degree than normal, and S&P 500 companies are now barely expected to eke out an increase in profits for the first quarter of 2019. FILE PHOTO: A street sign for Wall Street is seen outside the New…

  • Here’s what every major analyst had to say about Facebook earnings

    Here’s what every major analyst had to say about Facebook earnings

    [ad_1] Despite the scandals and controversies, Facebook analysts agree on one thing: The social media giant keeps growing with no sign of slowing down. Analysts also agree that by all metrics, the company exceeded expectations posting strong fourth-quarter numbers after the bell on Wednesday. Analysts pointed out that advertisers continue to spend money on the…

  • Fed, earnings, Brexit, unemployment data in focus

    Fed, earnings, Brexit, unemployment data in focus

    [ad_1] The pan-European Stoxx 600 closed provisionally barely changed, with sectors and major bourses pointing in opposite directions. Banks were by far the worst performing sector, down 2 percent, weighed down by an 11 percent downturn in Metro Bank shares. The U.K. challenger bank’s share price plummeted following reports that an accounting error it reported…

  • PayPal CFO addresses 3 pain points in earnings including eBay, dollar

    PayPal CFO addresses 3 pain points in earnings including eBay, dollar

    [ad_1] Wall Street’s relative disappointment with PayPal’s fourth-quarter earnings report — with the exception of the almost-profitable Venmo — may have stemmed from the company’s forward guidance, CFO John Rainey told CNBC on Thursday. In an exclusive “Mad Money” interview after PayPal’s report, Rainey emphasized that management was “really pleased” with the fourth-quarter results, highlighting…

  • Facebook stock rises on strong Q4 2018 earnings

    Facebook stock rises on strong Q4 2018 earnings

    [ad_1] Facebook skyrocketed 10.8 percent Thursday after beating analyst expectations on revenue and earnings for its fourth quarter of 2018. Its market value jumped about $47 billion. The strong report showed Facebook continued to grow users and revenue in all of its key regions despite numerous privacy scandals that caused widespread consumer backlash throughout the…

  • AWS earnings Q4 2018

    AWS earnings Q4 2018

    [ad_1] David Paul Morris | Bloomberg | Getty Images Andy Jassy, chief executive officer of web services at Amazon.com Inc., speaks during the Amazon Web Services (AWS) Summit in San Francisco, California, U.S., on Wednesday, April 19, 2017. Amazon’s cloud-computing division said revenue jumped 45 percent in the fourth quarter, as the company continued to…

  • Amazon earnings q4 2018

    Amazon earnings q4 2018

    [ad_1] Jim Watson | AFP | Getty Images Amazon and Blue Origin founder Jeff Bezos provides the keynote address at the Air Force Association’s Annual Air, Space & Cyber Conference in Oxen Hill, MD, on September 19, 2018. Amazon is reporting its all-important fourth-quarter earnings on Thursday after the bell. The fourth-quarter is typically the…

  • Blackstone earnings sink 42 percent on lower fees; managed assets hit record

    Blackstone earnings sink 42 percent on lower fees; managed assets hit record

    [ad_1] NEW YORK (Reuters) – Blackstone Group LP, the world’s largest manager of alternative assets, said on Thursday fourth-quarter earnings slumped 42 percent from a year earlier to $722 million, hurt by lower performance fees. FILE PHOTO – The ticker and trading information for Blackstone Group is displayed at the post where it is traded…

  • Amazon is about to report earnings, and there’s one thing to watch

    Amazon is about to report earnings, and there’s one thing to watch

    [ad_1] Amazon will be the latest FANG stock to report earnings with its release after the bell Thursday. And one market watcher expects the e-commerce leader to knock it out of the park. “We own this one and we continue to love the growth story,” said Mark Tepper, president of Strategic Wealth Partners, on CNBC’s…

  • Facebook stock rises after company reports profits, earnings up

    Facebook stock rises after company reports profits, earnings up

    [ad_1] Facebook reports earnings and revenue handily surpassed Wall Street expectations for the final quarter of 2018 despite heavy spending on safety and security. The social network has been plagued by privacy scandals and the threat of regulation. That, however, hasn’t stopped it from increasing profits and its user base. It now has 2.32 billion…

  • Amazon earnings preview q4 2018

    Amazon earnings preview q4 2018

    [ad_1] Andrew Harrer | Bloomberg | Getty Images Jeff Bezos, founder and chief executive officer of Amazon.com Inc., listens during an Economic Club of Washington discussion in Washington, D.C., U.S., on Thursday, Sept. 13, 2018.  The last two times Amazon has reported quarterly results, revenue has fallen short of expectations. Now investors are facing the…

  • Microsoft earnings Q2 2019

    Microsoft earnings Q2 2019

    [ad_1] Shares of Microsoft stock fell as much as 4 percent Wednesday after the company issued its fiscal second-quarter earnings report with slightly lower revenue than expected. Here are the major numbers: Earnings: $1.10 per share, excluding certain items, vs. $1.09 per share as expected by analysts, according to Refinitiv. Revenue: $32.47 billion, vs. $32.51…

  • Facebook earnings Q4 2018

    Facebook earnings Q4 2018

    [ad_1] The company previously warned its investment in Stories could contribute to slowing revenue growth during the second half of 2019. Third-quarter revenue grew by 32.9 percent year over year, breaking a 12-quarter streak of growth rates above 40 percent. Revenue for the December quarter of $16.91 billion marks a year-over-year growth rate of 30.4…

  • Tesla Q4 2018 earnings

    Tesla Q4 2018 earnings

    [ad_1] Investors have been paying close attention to how profitable Tesla’s cars are, particularly the Model 3 sedan. The federal tax credit on every Tesla vehicle sold was cut in half to $3,750 at the beginning of the year, after Tesla sold its allotted 200,000 units that qualified for the full credit. “That 360,000 to…

  • Samsung Electronics forecasts weaker 2019 earnings as chip sales slow

    Samsung Electronics forecasts weaker 2019 earnings as chip sales slow

    [ad_1] SEOUL (Reuters) – Samsung Electronics Co Ltd warned of weaker earnings in 2019 as it posted a 29 percent drop in fourth-quarter operating profit on Thursday, hit by a slowdown in demand for memory chips. FILE PHOTO: A customer prays inside a Samsung showroom in New Delhi, India, July 27, 2018. . REUTERS/Adnan Abidi/File…

  • Watch Sheryl Sandberg discuss Facebook’s Q1 earnings beat

    Watch Sheryl Sandberg discuss Facebook’s Q1 earnings beat

    [ad_1] [The stream is slated to start at 6:10 p.m., ET. Please refresh the page if you do not see a player above at that time.] Sheryl Sandberg, Facebook’s chief operating officer, speaks to CNBC’s Julia Boorstin on Wednesday after the social media giant’s fourth-quarter earnings easily topped Wall Street expectations. The stock surged more…

  • Qualcomm earnings Q1 2019

    Qualcomm earnings Q1 2019

    [ad_1] George Rose | Getty Images People crowd into the Qualcomm booth to view a series of new products during the annual Consumer Electronics Show on Jan. 4, 2017 in Las Vegas. Shares of Qualcomm rose more than 2 percent percent in extended trading on Wednesday after the chipmaker issued positive second-quarter forecast. The semiconductor…

  • Apple naysayers had ‘tails between their legs’ post earnings

    Apple naysayers had ‘tails between their legs’ post earnings

    [ad_1] Wall Street’s top tech analysts were beside themselves Tuesday evening after finding Apple‘s earnings report to not be as bad as feared, according to CNBC’s Jim Cramer. “The conference call was dysfunctional. They didn’t know what to do,” said Cramer, whose charitable trust owns shares of Apple. “Analysts had their tails between their legs.…

  • Facebook 4Q earnings preview

    Facebook 4Q earnings preview

    [ad_1] Borrowing a concept from rival Snap, which introduced Stories in 2013, Facebook launched its competitive version three years later. Facebook started by bringing Stories to Instagram, and has since added it to its main app, Messenger and WhatsApp. Stories can focus on a photo of something your cousin sees on the street or a…

  • Sony, Nintendo Seen Scoring Strong Q3 Earnings as Console Battle Reaches Next Level

    Sony, Nintendo Seen Scoring Strong Q3 Earnings as Console Battle Reaches Next Level

    [ad_1] Sony and Nintendo are expected to score strong quarterly earnings this week, as the Japanese gaming giants battle through the next stage in the lifecycles of their consoles. At Sony, analysts estimate operating profit grew 10 percent in September-December versus the same period a year prior to JPY 388 billion ($3.55 billion), with its games segment supported…

  • Apple Q1 2019 earnings

    Apple Q1 2019 earnings

    [ad_1] Apple saw a sharp decline in iPhone revenue during the quarter, denting the company’s main revenue stream. The segment saw a gross margin on its product business of 34.3 percent, lower than the 38 percent margin Apple reported for its overall business. “Our customers are holding on to their older iPhones a bit longer…

  • Asian shares inch up after Apple earnings, CEO comments

    Asian shares inch up after Apple earnings, CEO comments

    [ad_1] TOKYO (Reuters) – U.S. stock futures and Asian equities eked out modest gains on Wednesday as investors seized on Apple Inc’s earnings and comments from its chief that U.S.-China trade tensions were easing, sending the iPhone maker’s shares soaring in after-hours trade. FILE PHOTO – A woman using a smartphone is reflected on a…

  • AMD jumps after meeting earnings expectations

    AMD jumps after meeting earnings expectations

    [ad_1] Shares of AMD jumped 4 percent in after hours trade following earnings results. The semiconductor company reported earnings in line with expectations, but revenue fell short. AMD reported earnings of 8 cents per share on revenue of $1.42 billion. Wall Street had projected earnings per share of 8 cents on $1.44 billion in revenue,…

  • Verizon Q4 2018 earnings

    Verizon Q4 2018 earnings

    [ad_1] Verizon missed quarterly revenue estimates in its report Tuesday, but added almost twice as many new wireless subscribers as analysts expected. The company forecast that adjusted earnings per share for this year would be similar to 2018, and that it expected low-single-digit percentage growth for total revenue for the full year. Shares of Verizon,…

  • Tesla reports earnings as shares fall amid a few ‘red flags’

    Tesla reports earnings as shares fall amid a few ‘red flags’

    [ad_1] “This quarter, as with Q3, shipment of higher priced Model 3 variants (this time to Europe and Asia) will hopefully allow us, with great difficulty, effort and some luck, to target a tiny profit,” Musk said in a Jan. 18 company update. During the third quarter, Tesla earned $311.5 million in net income. After…

  • Harley-Davidson Q4 2018 earnings

    Harley-Davidson Q4 2018 earnings

    [ad_1] Harley-Davidson shares tanked by more than 7 percent Tuesday after the company reported fourth quarter earnings that missed analysts’ expectations. The motorcycle maker is battling declining sales as its core riders age, particularly in the United States, its largest market. The company said that despite the challenges attracting younger customers, it finished the year…

  • Why you shouldn’t chase the stock into earnings

    Why you shouldn’t chase the stock into earnings

    [ad_1] It’s Apple’s moment of truth this week. The iPhone maker is scheduled to release quarterly earnings after the bell Tuesday in a report that could make or break any market rally. Even if Apple sees a post-earnings pop, one market watcher recommends selling any rally. “We own the stock right now, but we are…

  • Two major companies in Caterpillar and Nvidia blame China for poor earnings

    Two major companies in Caterpillar and Nvidia blame China for poor earnings

    [ad_1] Semiconductor manufacturer Nvidia said in a forecast that the economic situation in China is also undermining its performance. “Deteriorating macroeconomic conditions, particularly in China, impacted consumer demand for NVIDIA gaming graphics processing units,” the company said in a press release. “In addition, sales of certain high-end GPUs using NVIDIA’s new Turing architecture were lower…

  • Avoid FANG stock as tech earnings roll out this week

    Avoid FANG stock as tech earnings roll out this week

    [ad_1] But like the rest of the market, Amazon has since ricocheted off of those lows and now sits at around $1,626. A bounce that, according to Worth, is not built to last. “The ricochet is essentially a 50 percent retracement. We dropped about $745, we’re up $372 … it’s essentially right back to the…

  • Global stocks gain on earnings, euro rebounds after dovish ECB

    Global stocks gain on earnings, euro rebounds after dovish ECB

    [ad_1] LONDON (Reuters) – Global stocks rose on Friday, as strong earnings helped to underpin investor sentiment in the face of growing signs that the global economy is slowing and a still unresolved trade dispute between the United States and China. The German share price index DAX graph is pictured at the stock exchange in…

  • Earnings lift stocks, euro recovers from dovish ECB comments

    Earnings lift stocks, euro recovers from dovish ECB comments

    [ad_1] LONDON (Reuters) – World stock markets inched higher on Friday as strong earnings helped to underpin investor sentiment in the face of growing signs that the global economy is slowing and a still unresolved trade dispute between the United States and China. FILE PHOTO – Pedestrians walk past an electronic board showing the graphs…

  • Stock market faces hurdles after Intel earnings miss sours chip rally

    Stock market faces hurdles after Intel earnings miss sours chip rally

    [ad_1] Stocks could be put to the test Friday, as Intel’s earnings miss hangs over the technology sector. Traders are also watching for developments in the government shutdown talks. President Donald Trump late Thursday afternoon pushed for a down payment on the border wall, after two bills failed to gain Senate approval. Semiconductor stocks and…

  • Companies with this one thing are reporting great earnings and beating the market

    Companies with this one thing are reporting great earnings and beating the market

    [ad_1] The tough economic environment of slowing growth and rising costs is setting up to benefit companies with one enviable attribute: pricing power. The ability to “transfer higher input costs to consumers and maintain profitability relative to their competitors,” is “an alpha factor” in a company amid a global growth slowdown and lower earnings guidance,…

  • Starbucks tops sales, earnings estimates as newer menus click

    Starbucks tops sales, earnings estimates as newer menus click

    [ad_1] FILE PHOTO – People walk past a Starbucks store in Los Angeles, California, United States, October 17, 2018. REUTERS/Lucy Nicholson (Reuters) – Starbucks Corp topped Wall Street forecasts for quarterly sales and earnings, as rejigged menus and heavy promotions helped attract customers to its cafes, driving its shares 4 percent higher on Thursday. Results…

  • Intel earnings Q4 2018

    Intel earnings Q4 2018

    [ad_1] Samyukta Lakshmi | Bloomberg | Getty Images Bob Swan, interim chief executive officer and chief financial officer of Intel Corp., reacts during the inauguration of the company’s research and development facility in Bengaluru, India, on Thursday, Nov. 15, 2018. Intel will report its fourth-quarter earnings after market close on Thursday. Executives will discuss the…

  • Goldman Sachs worried about these stocks into their earnings reports

    Goldman Sachs worried about these stocks into their earnings reports

    [ad_1] Goldman Sachs has spotted what it thinks are the most worrisome stocks this earnings season. Based on movements in the options market, software company Symantec, pharmaceutical company Mallinckrodt and LED light maker Cree are among the names that traders are most bearish on ahead of earnings, according to the bank’s analyst Katherine Fogertey. “We…

  • Texas Instruments, Xilinx earnings boost chip stocks

    Texas Instruments, Xilinx earnings boost chip stocks

    [ad_1] Jason Janik | Bloomberg | Getty Images Robert Neely prepares to load a silicon wafer machine in a clean room at the Texas Instruments semiconductor fabrication plant in Dallas, Texas, U.S., on Tuesday, June 16, 2009. Texas Instruments Inc., the second-largest U.S. semiconductor maker, reported sales and profit that beat analysts’ estimates on stronger…

  • Analysts preview Intel earnings

    Analysts preview Intel earnings

    [ad_1] Justin Sullivan | Getty Images The Intel logo is displayed outside of the Intel headquarters in Santa Clara, Calif. Increased competition, a slowing China economy, and uncertainty about the next permanent CEO are a just a few of the things analysts will be watching out for when Intel reports after the bell. The company,…

  • shares jump despite disappointing earnings

    shares jump despite disappointing earnings

    [ad_1] Company Vice President Sean Kim said the memory demand slowdown would be bigger than expected into the first half of 2019 due to China’s economic slowdown and the U.S.-China “trade situation,” according to Reuters. Kim’s comments came days after China announced that the country’s economic growth in 2018 was its slowest in nearly three…

  • Wall Street edges higher as upbeat earnings dampened by trade, shutdown woes

    Wall Street edges higher as upbeat earnings dampened by trade, shutdown woes

    [ad_1] (Reuters) – Wall Street ended slightly higher on Wednesday after a spate of upbeat earnings reports, but lingering concerns about trade tensions and the longest U.S. government shutdown ever limited the advance. All three major U.S. stock indexes closed in positive territory, with the blue chip Dow Jones Industrial Average seeing the biggest gains…

  • Ford Q4 2018 earnings

    Ford Q4 2018 earnings

    [ad_1] Ford‘s reorganization plans showed up in its fourth-quarter earnings Wednesday as pension and layoff costs eroded the company’s profit and caused it to miss earnings estimates — despite posting stronger-than-expected sales. The Detroit automaker has been struggling overseas, and that was apparent in the fourth quarter. While Ford grew its revenue in North America…

  • Strong earnings boost Dow at the open

    Strong earnings boost Dow at the open

    [ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 22, 2019. REUTERS/Brendan McDermid (Reuters) – Strong earnings from IBM, United Technologies and Procter & Gamble boosted the Dow Jones Industrial Average at the open on Wednesday and propelled a rebound in U.S. stocks from its second…

  • IBM Posts Better-Than-Expected Earnings on Cloud, Services Growth

    IBM Posts Better-Than-Expected Earnings on Cloud, Services Growth

    [ad_1] IBM Corp beat Wall Street quarterly earnings estimates and also forecast 2019 profit above expectations on Tuesday, in the latest indication that Chief Executive Officer Ginni Rometty’s efforts to turn around the technology services company were gaining traction. Shares rose 7 percent in extended trading after IBM also posted its first annual revenue growth since…

  • Comcast earnings Q4 2018

    Comcast earnings Q4 2018

    [ad_1] Comcast is expected to report earnings for its fourth quarter 2018 on Wednesday. Here are the key numbers Wall Street is expecting: Earnings: 62 cents per share expected per analyst survey by Refinitiv Revenue: $27.553 billion expected per Refinitiv survey High-speed internet customers: 360,000 net adds expected per FactSet consensus estimate Last quarter, Comcast…

  • IBM earnings Q4 2018

    IBM earnings Q4 2018

    [ad_1] IBM shares rose as much as 7 percent after the company reported better-than-expected full-year guidance and fourth-quarter results on Tuesday. Here are the key numbers: Earnings: $4.87 per share, excluding certain items, vs. $4.82 per share as expected by analysts, according to Refinitiv. Revenue: $21.76 billion, vs. $21.71 billion as expected by analysts, according…

  • The market is recovering because earnings are not so bad

    The market is recovering because earnings are not so bad

    [ad_1] Spencer Platt | Getty Images News | Getty Images A trader on the floor of the New York Stock Exchange the morning after the Dow Jones Industrial Average dropped over 1,000 points on Feb. 9, 2018.   Barring a major decline on Friday, the S&P 500 will record its fourth consecutive weekly gain. The markets…

  • Analyst react to Netflix earnings

    Analyst react to Netflix earnings

    [ad_1] Ore Huiying | Getty Images Netflix CEO Reed Hastings speaks during an interview on day two of the Netflix See What’s Next: Asia event at the Marina Bay Sands on November 9, 2018 in Singapore. Netflix shares fell in premarket trading after the company reported mixed earnings, beating on subscriber growth but missing on…

  • Morgan Stanley earnings 4Q 2018 disappoint

    Morgan Stanley earnings 4Q 2018 disappoint

    [ad_1] Morgan Stanley on Thursday reported profit and revenue below analysts’ expectations as whipsawing markets late last year took a toll on the bank’s two biggest businesses. The bank posted profit of 80 cents per share, below the 89 cent average estimate of analysts surveyed by Refinitiv. Companywide revenue declined 10 percent to $8.55 billion,…

  • Atlassian earnings Q2 2019

    Atlassian earnings Q2 2019

    [ad_1] Atlassian shares rose more than 10 percent in extended trading on Thursday after the provider of collaboration software reported better-than-expected earnings for its fiscal second quarter. Here are the key numbers: Earnings: 25 cents per share, excluding certain items, vs. 21 cents as expected by analysts, according to Refinitiv. Revenue: $299 million, vs. $288.3…

  • Netflix earnings Q4 2018

    Netflix earnings Q4 2018

    [ad_1] Akio Kon | Bloomberg | Getty Images Reed Hastings, chief executive officer of Netflix. Netflix is set to report earnings after the market close Thursday. Here’s what Wall Street expects: EPS: 24 cents, forecast by Refinitiv consensus estimates Revenue: $4.21 billion, forecast by Refinitiv consensus estimates Domestic membership additions: 1.77 million, according to StreetAccount…

  • Morgan Stanley had most disappointing earnings of big banks

    Morgan Stanley had most disappointing earnings of big banks

    [ad_1] CNBC’s Jim Cramer said Thursday that Morgan Stanley‘s weaker-than-expected quarterly earnings report left him “confused” because he thought it was the “most stable” of the big banks. “I hate to say it, but this was the most disappointing of all” the bank earnings, Cramer said on “Squawk Box.” “I had thought, and perhaps thought…

  • Bank of America shares jump 7% after record earnings report

    Bank of America shares jump 7% after record earnings report

    [ad_1] Bank of America reported better-than-expected profit and revenue for the fourth quarter on Wednesday, driven by a strong performance from its consumer-banking business and lower taxes. The results sent the bank’s shares up 7.16 percent. Here is how the bank did in the previous quarter compared to analyst expectations: Earnings: 73 cents per share…

  • BlackRock earnings fall short of expectations

    BlackRock earnings fall short of expectations

    [ad_1] BlackRock, the largest asset manager in the world, reported quarterly earnings that missed analysts’ expectations on Wednesday as a market downturn late last year eroded its asset base. Revenue slightly exceeded a revised estimate by Refinitiv. Earnings for the asset manager fell nearly 60 percent to $927 million over the past year. On an…

  • Goldman Sachs earnings Q4 2018 top expectations

    Goldman Sachs earnings Q4 2018 top expectations

    [ad_1] Goldman Sachs shares advanced Wednesday after the firm posted fourth-quarter profit that exceeded expectations on strength in its investment banking and investing and lending divisions. The bank generated $6.04 per share in profit for the fourth quarter of 2018, versus the $4.45 per share estimate of analysts surveyed by Refinitiv. Excluding the impact of…

  • Upbeat bank earnings send Wall Street to one-month highs

    Upbeat bank earnings send Wall Street to one-month highs

    [ad_1] NEW YORK (Reuters) – Wall Street’s major indexes hit one-month highs on Wednesday as strong earnings from Bank of America Corp (BAC.N) and Goldman Sachs Group Inc (GS.N) boosted investor sentiment. Goldman Sachs shares surged 9.5 percent, providing the greatest boost to the Dow, after the bank reported quarterly revenue and earnings that topped…

  • Information Technology stocks have performed best during Q4 earnings seasons

    Information Technology stocks have performed best during Q4 earnings seasons

    [ad_1] Earnings reporting season for Q4 2018 results is off and running this week. The major financial institutions are first out of the gate. Over the past decade, the composite S&P Financials Sector has been the worst-performing of the major market sectors, straight through from the beginning to the end of fourth quarter earnings season.…

  • Netflix leads Wall Street higher; bank earnings disappoint

    Netflix leads Wall Street higher; bank earnings disappoint

    [ad_1] (Reuters) – U.S. stocks rose on Tuesday, as hopes of more stimulus for China’s slowing economy and a jump in Netflix shares helped investors look past disappointing earnings from JPMorgan and Wells Fargo. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2019.…

  • Wells Fargo earnings Q4 2018

    Wells Fargo earnings Q4 2018

    [ad_1] Wells Fargo is scheduled to report fourth-quarter earnings before the market opens on Tuesday. Here’s what Wall Street expects: Earnings: $1.16 cents per share, forecast by Refinitiv. Revenue: $21.73 billion, forecast by Refinitiv. Wells Fargo is still working through its regulatory issues after the Federal Reserve reportedly rejected its plan to prevent more consumer…

  • The biggest risk for markets Tuesday might not be earnings

    The biggest risk for markets Tuesday might not be earnings

    [ad_1] Prime Minister Theresa May’s Brexit plan is widely expected to fail in parliament Tuesday, but the defeat could still trigger a violent market reaction. “We could see knee-jerk volatility. She could lose by a historic margin. This could be a historic loss by the government,” said Marc Chandler, Bannockburn Global Forex chief market strategist.…

  • Citigroup earnings Q4 2018 misses on revenue

    Citigroup earnings Q4 2018 misses on revenue

    [ad_1] Citigroup posted fourth-quarter profit that beat analysts’ expectations on better-than-expected expense declines and loan losses. The bank made $1.61 in profit per share excluding one-time impacts of the U.S. tax overhaul, beating analysts’ expectations for $1.55 per share. Operating expenses fell 4 percent to $9.89 billion in the quarter, driven in part by lower…

  • China worries weigh on Wall Street, earnings expectations fall

    China worries weigh on Wall Street, earnings expectations fall

    [ad_1] NEW YORK (Reuters) – U.S. stocks declined on Monday as an unexpected drop in China’s exports reignited worries of a global economic slowdown and prompted caution among investors as the corporate earnings season kicked off. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January…

  • Here’s how Goldman Sachs is playing earnings season

    Here’s how Goldman Sachs is playing earnings season

    [ad_1] The recent surge in market volatility is beneficial to Cboe Global Markets, which owns the Chicago Board Options Exchange and the stock exchange operator BATS Global Markets, according to Goldman Sachs capital markets analyst Alex Blostein. The bank is predicting a 31 percent gain for Cboe’s stock over the next 12 months. Shares of…

  • JP Morgan is the next big earnings report

    JP Morgan is the next big earnings report

    [ad_1] Janhvi Bhojwani | CNBC Jamie Dimon, CEO, JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit, December 6, 2018. J.P. Morgan Chase is the next big company (and bank) to report earnings with results due Tuesday before the bell. The shares rose on Monday after Citigroup reported earnings that were better than…

  • This chart shows we are likely in for a wild earnings season

    This chart shows we are likely in for a wild earnings season

    [ad_1] (Click on the chart to expand.) Investors better buckle up as this earnings season could send them for a wild ride, according to data compiled by Goldman Sachs. The average implied move of an S&P 500 stock on earnings day has reached 7.4 percent, meaning the shares could move up or down by that…

  • Wall Street’s five-day rally flickers out as earnings near

    Wall Street’s five-day rally flickers out as earnings near

    [ad_1] (Reuters) – Wall Street dipped slightly on Friday, breaking a five-session rally, as energy shares declined and investors looked ahead to earnings season, which kicks off next week with Citigroup, JPMorgan and other big banks. Underpinned by optimism over China-U.S. trade talks and expectations of a slow pace of interest rate hikes from the…

  • Wall Street little changed as earnings season looms

    Wall Street little changed as earnings season looms

    [ad_1] FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2019. REUTERS/Brendan McDermid NEW YORK (Reuters) – Wall Street ended little changed on Friday as energy shares dropped and investors looked ahead to earnings season, which will kick off next week with Citigroup, JPMorgan…

  • Wall Street’s five-day rally stumbles ahead of earnings

    Wall Street’s five-day rally stumbles ahead of earnings

    [ad_1] (Reuters) – Falling energy shares late on Friday jeopardized continuation of Wall Street’s five-session rally as investors looked ahead to earnings season, which will kick off with Citigroup, JPMorgan and other big banks next week. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January…

  • GM bucks gloomy earnings forecast trend, shares jump

    GM bucks gloomy earnings forecast trend, shares jump

    [ad_1] (Reuters) – General Motors Co (GM.N) executives on Friday bucked gloomy forecasts for growth and sent the automaker’s shares soaring, promising investors stronger 2019 earnings and outlining ambitious plans for its Cadillac brand to challenge Tesla Inc (TSLA.O) in the growing electric vehicle market. FILE PHOTO: General Motors Chairman and CEO Mary Barra speaks…

  • GM says pickup trucks to lift 2019 earnings, shares jump 8 percent

    GM says pickup trucks to lift 2019 earnings, shares jump 8 percent

    [ad_1] (Reuters) – General Motors Co (GM.N) said on Friday its revamped pickup truck lineup will boost its 2019 earnings and Cadillac will become its lead electric vehicle brand, sending the No. 1 U.S. automaker’s shares up more than 8 percent. FILE PHOTO: A General Motors sign is seen during the China International Import Expo…

  • GM says 2018 earnings exceeded expectations and 2019 looks even better

    GM says 2018 earnings exceeded expectations and 2019 looks even better

    [ad_1] General Motors CEO Mary Barra said the automaker’s full-year 2018 earnings exceeded its previous expectations and that 2019 is looking even better, citing strong sales in China and high demand for its truck and utility vehicles in the U.S. “From a 2018 perspective, it is not only a focus on really capitalizing on the…

  • Aphria CEO Vic Neufeld to step down, as company posts quarterly earnings

    Aphria CEO Vic Neufeld to step down, as company posts quarterly earnings

    [ad_1] The CEO of a Canadian cannabis producer recently targeted by short sellers will step down from an executive role at the company he helped found, but stay on the board. Vic Neufeld, along with co-founder Cole Cacciavillan, will “transition out of their executive roles over the coming months,” Leamington, Ont.-based Aphria Inc. said in a press release Friday.…

  • Stock market comeback faces big test with earnings season starting

    Stock market comeback faces big test with earnings season starting

    [ad_1] Fourth-quarter reporting season, with major banks releasing numbers next week, will also serve as an important transition period between 2018’s strong double-digit profit growth and 2019’s much slower single-digit pace. Earnings are expected to be strong, up 14.7 percent in the fourth quarter, but corporate executives will be discussing the activity in the current…

  • Aurora Cannabis expects final quarterly earnings to top $50M

    Aurora Cannabis expects final quarterly earnings to top $50M

    [ad_1] Aurora Cannabis Inc. says it expects to report second-quarter revenue of between $50 million and $55 million. Analysts had expected revenue at the marijuana producer to total about $67 million for the quarter ended Dec. 31, 2018, according to Thomson Reuters Eikon. Aurora says the result for the quarter is up from $11.7 million…

  • Apple earnings miss not tied to China

    Apple earnings miss not tied to China

    [ad_1] Commerce Secretary Wilbur Ross said Monday Apple’s big earnings miss isn’t tied to U.S.-China trade negotiations, in a rebuke of the iPhone giant’s public statements and a sign the Trump administration hopes to distance itself from the company’s shortcomings. “I don’t think Apple’s earning miss had anything to do with the present trade talks,”…

  • Weak earnings add to Wall Street’s Fed-triggered slide

    Weak earnings add to Wall Street’s Fed-triggered slide

    [ad_1] (Reuters) – U.S. stocks slipped on Thursday, continuing their declines from a day earlier, as a batch of disappointing earnings reports added to the gloom after the Federal Reserve quashed hopes of a toned-down approach to its interest-rate hike trajectory. Traders work on the floor of the New York Stock Exchange (NYSE) in New…

  • Oracle earnings Q2 2019

    Oracle earnings Q2 2019

    [ad_1] Oracle stock rose 3 percent on Monday after the company reported better-than-expected earnings for the second quarter of its 2019 fiscal year. Executives will discuss the results with analysts on a conference call at 5 p.m. Eastern time. Here are the big numbers: Earnings: 80 cents per share vs. 78 cents per share as…

  • Adobe CEO talks Magento, Marketo deals after Q4 earnings report

    Adobe CEO talks Magento, Marketo deals after Q4 earnings report

    [ad_1] With its acquisitions of Magento Commerce and Marketo, Adobe has officially become the “only” one-stop shop for both consumer- and business-facing enterprises, CEO Shantanu Narayen told CNBC on Thursday. “When you think about what Magento does, it really completely closes the loop with respect to everything we’ve been doing for [business-to-consumer] companies in terms…

  • Broadcom earnings beat on strong demand for data center products

    Broadcom earnings beat on strong demand for data center products

    [ad_1] (Reuters) – Broadcom Inc (AVGO.O) on Thursday reported quarterly revenue and profit above analysts’ estimates, driven by strong demand for its enterprise storage and networking products from data centers, sending its shares up 5 percent in extended trading. A sign to the campus offices of chip maker Broadcom Ltd, is shown in Irvine, California,…

  • Okta surges on Q3 2019 earnings beat

    Okta surges on Q3 2019 earnings beat

    [ad_1] Okta shares surged 14 percent on Thursday after the cloud software company reported a narrower loss than analysts’ expected and raised its revenue guidance for the year. The stock rose $8.57 to $69.22 as of mid-day, bringing its gains for the year to 170 percent. Since going public in April 2017, Okta has been…

  • Roots lowers earnings estimates following weak 3rd quarter sales

    Roots lowers earnings estimates following weak 3rd quarter sales

    [ad_1] Roots Corp. has lowered its sales and earnings estimates from targets set when the company went public in October 2017 after sales fell “well below” its own expectations in the third quarter. The clothing company’s total sales for the three months ended Nov. 3 were $87 million, down three per cent from $89.7 million…

  • Workday Q3 2019 earnings

    Workday Q3 2019 earnings

    [ad_1] Adam Galica | CNBC Aneel Bhusri, co-founder and CEO of Workday, at the 2018 WEF in Davos, Switzerland. Workday surged as much as 10 percent in extended trading on Thursday after the provider of cloud-based human resources software reported quarterly results that topped analysts’ estimates. Here are the key numbers: Earnings: 31 cents per…

  • GameStop earnings Q3 2018

    GameStop earnings Q3 2018

    [ad_1] GameStop shares plunged 12 percent postmarket Thursday after the company slashed its full-year earnings forecast. The gaming retailer slashed its full-year outlook, saying it now expects adjusted earnings per share between $2.55 and $2.75. That range is well below GameStop’s previous guidance for adjusted 2018 earnings between $3 a share and $3.35 a share.…

  • What soft earnings at Tiffany say about tourism from China

    What soft earnings at Tiffany say about tourism from China

    [ad_1] There was something missing at the luxury jeweler Tiffany & Co. in recent months: Chinese tourists. While the company said Wednesday that third-quarter revenue rose four per cent to just above $1 billion US, industry analysts were anticipating a bigger boost. Some of that unexpected drag has occurred as tourists, particularly Chinese tourists, pull back…

  • Wall Street analysts smitten with Salesforce’s ‘very strong’ earnings

    Wall Street analysts smitten with Salesforce’s ‘very strong’ earnings

    [ad_1] David Paul Morris | Bloomberg | Getty Images Salesforce co-CEO Marc Benioff speaks at the grand opening of the Salesforce Tower in San Francisco in May 2018.  Wall Street offered on Wednesday glowing analysis of Salesforce’s third-quarter earnings report, which included a hefty profit beat and 26 percent revenue growth from a year earlier.…

  • Couche-Tard’s Q2 earnings up 9% from acquisitions, fuel sales

    Couche-Tard’s Q2 earnings up 9% from acquisitions, fuel sales

    [ad_1] Alimentation Couche-Tard Inc. beat revenue expectations as the Quebec-based retailer’s net earnings rose nine per cent in its most recent quarter thanks in part to acquisitions, improved fuel sales and lower taxes. The world’s second-biggest convenience store operator, which reports in U.S. dollars, said its net earnings attributable to shareholders were $473.1 million US or 84…

  • Salesforce earnings Q3 2019

    Salesforce earnings Q3 2019

    [ad_1] David Paul Morris | Bloomberg | Getty Images Marc Benioff, chairman and co-CEO of Salesforce, speaks during a Bloomberg Television interview at the Dreamforce conference in San Francisco on Sept. 25, 2018. Salesforce shares rose in extended trading on Tuesday after the cloud software company reported fiscal third-quarter results that beat analysts’ estimates. The…

  • Autodesk rises after Q3 2019 earnings beat

    Autodesk rises after Q3 2019 earnings beat

    [ad_1] Annual recurring revenue, which consists mostly of subscriptions to products used by architects, engineers, and visual artists, reached $2.53 billion, above the FactSet consensus estimate of $2.46 billion. “The strong ARR growth in the quarter adds confidence to the company’s FY20 and FY23 targets in our view,” wrote KeyBanc Capital Markets analysts Monika Garg…

  • Nvidia earnings Q3 2019

    Nvidia earnings Q3 2019

    [ad_1] Nvidia stock fell as much as 16 percent Thursday after the company reported earnings for the third quarter of its 2019 fiscal year, which ended on Oct. 28. Executives will discuss the results with analysts on a conference call at 5:30 p.m. Eastern time. Here’s how the company did: Earnings: $1.84 per share, excluding…

  • Wall Street under pressure from weak earnings, Brexit concerns

    Wall Street under pressure from weak earnings, Brexit concerns

    [ad_1] (Reuters) – U.S. stocks struggled on Thursday as an attempt by technology companies to rebound from this week’s sharp losses was outweighed by a batch of weak results and Brexit-related concerns. Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 12, 2018. REUTERS/Brendan McDermid Department…

  • Uber earnings Q3 2018 (self-reported)

    Uber earnings Q3 2018 (self-reported)

    [ad_1] Uber’s losses ticked up to nearly $1 billion during the third quarter and annualized growth is continuing to slow, according to the private company’s self-reported financials for Q3. The news comes ahead of the company’s anticipated IPO next year, which some bankers are saying could value the company at $120 billion, well over its…

  • Cisco earnings Q1 2019

    Cisco earnings Q1 2019

    [ad_1] Cisco stock rose slightly after the company reported better-than-expected earnings for the first quarter of its 2019 fiscal year. Executives will discuss the results with analysts on a conference call at 4:30 p.m. Eastern time. Here’s how the company did: Earnings: 75 cents per share, excluding certain items, vs. 72 cents per share as…

  • Macy’s boosts annual earnings forecast ahead of holiday season

    Macy’s boosts annual earnings forecast ahead of holiday season

    [ad_1] (Reuters) – Department store chain Macy’s Inc (M.N) raised its annual earnings forecast on Wednesday, signaling a strong holiday shopping season ahead, as it benefits from a growing online business and a revamped loyalty program. FILE PHOTO: The Macy’s logo is pictured on the side of a building in down town Los Angeles, California,…

  • SurveyMonkey earnings Q3 2018

    SurveyMonkey earnings Q3 2018

    [ad_1] SurveyMonkey reported a year-over-year revenue jump of 18 percent when it reported its first earnings report as a public company after the market close Tuesday. Here’s how the company did compared with previous reports: Loss per share: 1 cent vs. 2 cents in the year-ago quarter Revenue: $65.2 million vs. $55.3 million in the…

  • Disappointing third-quarter earnings another blow to battered European market

    Disappointing third-quarter earnings another blow to battered European market

    [ad_1] LONDON (Reuters) – European companies are delivering their most disappointing earnings in nearly three years as a sluggish economy and rising costs take their toll on bottom lines, dealing another blow to investor confidence shaken by Italy’s budget crisis and Brexit. FILE PHOTO: The German share price index DAX graph is pictured at the…

  • Here’s what every major analyst said about Disney’s earnings and its new streaming service

    Here’s what every major analyst said about Disney’s earnings and its new streaming service

    [ad_1] Cory Disbrow | Getty Images The Main Street Philharmonic entertains guests at the Magic Kingdom, Walt Disney World, Florida. The Walt Disney Company’s better-than-expected earnings and upcoming streaming service have Wall Street glowing as the longtime media giant enters a whole new world of content delivery. The shares rose 1.4 percent in premarket trading…

  • Yelp tanks after announcing third quarter earnings

    Yelp tanks after announcing third quarter earnings

    [ad_1] Shares of Yelp tanked more than 28 percent Thursday after the company announced its third quarter earnings report. The company reported revenue of $241 million for the quarter, just shy of analyst projections of $245 million. It also adjusted fourth quarter revenue guidance due to slower new account growth. “We do not believe there…

  • Dropbox earnings Q3 2018

    Dropbox earnings Q3 2018

    [ad_1] Dropbox shares rose more than 8 percent on Thursday after the maker of collaboration software reported better-than-expected third-quarter earnings. The company will hold a conference call with analysts at 5 p.m. Eastern time. Here are the key numbers: Earnings: 11 cents per share, excluding certain items, vs. 6 cents per share as expected by…

  • Disney earnings Q4 2018

    Disney earnings Q4 2018

    [ad_1] Getty Images Chief executive officer and chairman of The Walt Disney Company Bob Iger walks on the floor of the New York Stock Exchange (NYSE) before ringing the opening bell, November 27, 2017 in New York City. The Walt Disney Company is scheduled to report fourth-quarter and full-year earnings after the bell Thursday. Here’s…

  • Twilio surges after earnings blowout

    Twilio surges after earnings blowout

    [ad_1] Twilio surged more than 35 percent Wednesday after crushing third-quarter expectations on earnings, revenue and guidance. The cloud software company has already more than tripled in value since its this year. Twilio grew its revenue 68 percent compared to last year, it said in a statement. The company reported revenue of $168.9 million compared…

  • Take-Two Interactive earnings Q2 2019

    Take-Two Interactive earnings Q2 2019

    [ad_1] Take-Two Interactive reported earnings for its 2019 fiscal second quarter after the bell on Wednesday. The company is known best for developing popular videogames like “Red Dead Redemption” and “Grand Theft Auto” as the parent company of Rockstar Games and 2K. The stock was up over 2.5 percent after the bell. Here are the…

  • Roku earnings Q3 2018

    Roku earnings Q3 2018

    [ad_1] Shares of Roku plunged as much as 12 percent in extended trading Wednesday despite beating on both the top and bottom lines in its third-quarter earnings. Shares eased off shortly after the report to trade roughly 10 percent lower than Wednesday’s close of $58.86 Here’s how the company did compared with what Wall Street…

  • Square earnings Q3 2018

    Square earnings Q3 2018

    [ad_1] Payment company Square is scheduled to report third-quarter earnings after the market close Wednesday. Here’s what Wall Street expects: Earnings: 11 cents per share, forecast by Refinitiv. Revenue: $413.9 million, forecast by Refinitiv. Shares of the fintech company were up more than 5 percent Wednesday, trading near $82. The stock has popped more than…

  • Twilio earnings Q3 2018

    Twilio earnings Q3 2018

    [ad_1] Getty Images Twilio Inc. founder and CEO Jeff Lawson (C, in glasses) reacts after ringing the opening bell to celebrate Twilio’s initial public offering, at the New York Stock Exchange, June 23, 2016 in New York City. Twilio shares jumped more than 12 percent on Tuesday after the cloud software company reported third-quarter results…

  • Square shares rise after Citi upgrades ahead of earnings report

    Square shares rise after Citi upgrades ahead of earnings report

    [ad_1] Citi is getting more bullish on Square, citing the payment company’s growth potential and emergence as a player in banking for next generation consumers. The firm upgraded Square to a “buy” with a $90 price target Tuesday, about 20 percent higher than its $75 closing price a day earlier. Shares are already on a…

  • Investors punish earnings misses as European stocks dip in cautious trading

    Investors punish earnings misses as European stocks dip in cautious trading

    [ad_1] LONDON (Reuters) – European shares dipped on Tuesday as investors continued to harshly punish companies that missed expectations like Pandora, William Hill and Morrisons, while caution prevailed ahead of the U.S. midterm congressional elections. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 5, 2018. REUTERS/Staff…

  • Exxon Mobil earnings Q3 2018

    Exxon Mobil earnings Q3 2018

    [ad_1] Exxon Mobil on Friday reported quarterly earnings and revenue that beat analysts’ expectations, with income bolstered by rising crude prices and improved performance in its oil and gas drilling operations and fuel refining segment. Shares of the world’s largest publicly traded oil company rose 1.7 percent in premarket trading after the report. Exxon’s quarterly…

  • Here’s what every major analyst had to say about Apple’s earnings

    Here’s what every major analyst had to say about Apple’s earnings

    [ad_1] Apple’s stock sank Friday after the company said it missed iPhone shipment estimates and provided guidance for its first fiscal quarter that fell short of analyst expectations. But Wall Street analysts told clients on Friday they were concerned about management’s decision to stop breaking apart iPhone unit sales, an insight some investors used to…

  • Investor sentiment in Europe is sinking despite a solid earnings season

    Investor sentiment in Europe is sinking despite a solid earnings season

    [ad_1] European equities lost ground in October despite solid third-quarter results for most companies across the region. Europe’s benchmark Stoxx 600 index fell 6 percent for the month, despite a strong 1.7 percent rally on the final session of trade. This comes as revenue and earnings-per-share (an important metric used by traders to gauge a…

  • New York Times stock jumps on earnings beat

    New York Times stock jumps on earnings beat

    [ad_1] Shares of the The New York Times jumped Thursday after the company reported third-quarter earnings that beat on the top and bottom lines. The company also reported more than 3 million digital-only subscriptions and 4 million total subscriptions as of the end of the quarter. Here’s how the company did compared with what Wall…

  • Fitbit pops over 25% on earnings

    Fitbit pops over 25% on earnings

    [ad_1] Shares of Fitbit ended the day up more than 25 percent Thursday after the company beat estimates on earnings and revenue. San Francisco-based Fitbit surpassed expectations for a 1-cent loss per share in the third quarter, reporting earnings of 4 cents per share. The wearables company beat on revenue as well, reporting $394 million…

  • Apple shares are doing something unusual ahead of earnings

    Apple shares are doing something unusual ahead of earnings

    [ad_1] Apple shares fell as much as 5 percent in after-hours trading on Thursday after reporting quarterly earnings. While the company’s reported earnings per share and revenue beat analysts’ expectations, its iPhone sales fell short of estimates. Prior to its report, the options market expressed Apple stock’s implied move was around 5 percent in either…

  • Apple earnings Q4 2018

    Apple earnings Q4 2018

    [ad_1] Apple reported earnings for its fiscal fourth quarter Thursday that beat Wall Street estimates on both the top and bottom lines. It also locked in a strategy of boosting prices to offset slowing sales — posting an eye-popping average selling price for the iPhone during the key September quarter. But shares of Apple fell…

  • Apple’s earnings might stall the tech rally

    Apple’s earnings might stall the tech rally

    [ad_1] CNBC’s Jim Cramer is not backing down from his “own Apple, don’t trade it” maxim despite the stock’s drop after earnings, in which the iPhone maker said it would stop providing results for its individual products. “I am sure there are people who will just say, ‘You know what? I have to panic and…

  • Apple earnings drag tech stocks down after hours

    Apple earnings drag tech stocks down after hours

    [ad_1] ARis Oikonomou | AFP | Getty Images Tim Cook, CEO of Apple Inc talks at the Debating Ethics event at the European Parliament in Brussels on October 24, 2018.  Just as tech stocks began to turn around from their worst month since the 2008 recession, Apple dragged down the Nasdaq after hour, as it…

  • Apple could move huge when it reports earnings here’s what to expect

    Apple could move huge when it reports earnings here’s what to expect

    [ad_1] It’s the moment of truth for Apple as the trillion-dollar tech giant gears up to report its latest quarterly earnings. Apple shares are up nearly 30 nearly percent this year, and have held up relatively well amid the recent tech downdraft. According to Dan Nathan of RiskReversal.com, options traders are betting shares of the…

  • Wall Street opens higher as strong earnings lift mood

    Wall Street opens higher as strong earnings lift mood

    [ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 30, 2018. REUTERS/Brendan McDermid (Reuters) – U.S. stocks opened higher on Thursday, leaving behind a brutal October, as a slew of positive earnings reports helped boost risk sentiment. The Dow Jones Industrial Average .DJI rose 26.32 points,…

  • BT earnings Q2 2018

    BT earnings Q2 2018

    [ad_1] Late last month, BT announced the appointment of Worldpay boss Philip Jansen as its new chief executive. Jansen is due to replace Patterson on January 1 2019, following a brief handover period. In June, Patterson announced he would stepping down as CEO on the back of an investor backlash after the company unveiled plans…

  • Apple Q4 2018 earnings expectations

    Apple Q4 2018 earnings expectations

    [ad_1] Stephanie Keith | Getty Images Tim Cook, CEO of Apple laughs while Lana Del Rey (with iPad) takes a photo during a launch event at the Brooklyn Academy of Music on October 30, 2018 in New York City.  October was a punishing month for technology stocks, but as Apple prepares to report fiscal fourth-quarter…

  • Carlyle misses earnings forecasts on sluggish private equity portfolio

    Carlyle misses earnings forecasts on sluggish private equity portfolio

    [ad_1] NEW YORK (Reuters) – Carlyle Group LP (CG.O) on Wednesday missed estimates for earnings per unit for the third quarter, as the value of its private equity investments rose less than that of rivals on the back of turbulent markets in Asia. The logo of the Carlyle Group is displayed at the company’s office…

  • Robust earnings boost equity markets after brutal month

    Robust earnings boost equity markets after brutal month

    [ad_1] NEW YORK (Reuters) – Robust corporate results helped world stock markets surge on Wednesday, bringing some relief to jittery investors after a brutal October sank equities with one of their worst drops since the financial crisis 10 years ago. Traders work on the floor of the New York Stock Exchange (NYSE) in New York,…

  • Facebook soars on earnings beat, market experts weigh in on the results

    Facebook soars on earnings beat, market experts weigh in on the results

    [ad_1] Investors are getting friendly with Facebook again. Shares of the social media giant climbed more than 5 percent in Wednesday trading on the back of its earnings report Tuesday evening. The move was also giving a boost to its fellow FANG stocks and the broader tech sector. Here’s what market experts had to say…

  • Tech resurgence, earnings lift mood at end of brutal month

    Tech resurgence, earnings lift mood at end of brutal month

    [ad_1] (Reuters) – U.S. stocks rose for a second day on Wednesday, as investors snapped up beaten-down technology favorites and strong results for General Motors and a host of other companies lifted spirits at the end of a torrid month for global equities. Traders work on the floor of the New York Stock Exchange (NYSE)…

  • Facebook stock pops after mixed Q3 earnings, candid earnings call

    Facebook stock pops after mixed Q3 earnings, candid earnings call

    [ad_1] David Paul Morris | Bloomberg | Getty Images Mark Zuckerberg, chief executive officer and founder of Facebook Shares of Facebook were popping Wednesday after a mixed third quarter report and a candid earnings call with traditionally tight-lipped executives. The stock gained more than 6 percent in the first few minutes of trading, adding to…

  • Here’s what every major analyst is saying about Facebook’s earnings

    Here’s what every major analyst is saying about Facebook’s earnings

    [ad_1] Paul Marotta | Getty Images Facebook founder and CEO Mark Zuckerberg received an Honorary Doctor of Laws Degree from Harvard University at its 2017 366th Commencement Exercises on May 25, 2017 in Cambridge, Massachusetts. Facebook’s stock jumped before the opening bell Wednesday after the social media giant reported earnings that easily topped Wall Street…

  • General Motors earnings Q3 2018 

    General Motors earnings Q3 2018 

    [ad_1] Mary Catherine Wellons | CNBC Mary Barra, CEO, General Motors General Motors is scheduled to report earnings before the bell on Wednesday in a quarter marked by a trade war that’s raised material and other costs across the industry. Here is what Wall Street expects: • Adjusted earnings per share: $1.25 • Revenue: $34.8…

  • L’Oreal earnings Q3 2018; CEO sees no slowdown in China

    L’Oreal earnings Q3 2018; CEO sees no slowdown in China

    [ad_1] Like luxury goods makers, cosmetics companies like L’Oreal or Japan’s Shiseido have been hit by fears over a slowdown in China, which sparked a stock market sell-off. Shares in the French beauty group have fallen almost 8 percent since a peak in August. But, following the firm’s earnings statement, shares shot up by nearly…

  • Mark Zuckerberg Q3’18 earnings call: How Facebook is changing

    Mark Zuckerberg Q3’18 earnings call: How Facebook is changing

    [ad_1] “I just think that this is the future,” Zuckerberg said when talking about the Stories feature that Facebook copied from Snapchat and introduced across its numerous apps. With Stories, users share full-screen photos or videos with their friends or followers that disappear after a day, rather than sticking around permanently. “People want to share…

  • Samsung third-quarter earnings: strong semiconductor sales

    Samsung third-quarter earnings: strong semiconductor sales

    [ad_1] SeongJoon Cho | Bloomberg | Getty Images The Samsung Electronics  logo is displayed in a window at the company’s Seocho office building in Seoul, South Korea. Samsung Electronics on Wednesday said it recorded an operating profit of 17.57 trillion won (about $15.5 billion) for the quarter ending in September. That was in line with…

  • eBay shares rise after earnings beat

    eBay shares rise after earnings beat

    [ad_1] eBay shares jumped as much as 5 percent in after-hours trading on Tuesday after the company exceeded Wall Street’s estimates in its third-quarter earnings report. The company reported earnings of 56 cents per share, while analysts expected 54 cents per share. Revenue came in at $2.65 billion for the quarter, in line with estimates.…

  • Facebook could be bottoming ahead of earnings, former bear says

    Facebook could be bottoming ahead of earnings, former bear says

    [ad_1] Some investors are of the mind that Facebook‘s severe decline has gotten so bad, it might be good. The social media giant is set to report quarterly earnings on Tuesday after the bell, and Miller Tabak equity strategist Matt Maley said in an interview on CNBC’s “Trading Nation” that he’s gone from negative to…

  • Facebook Q3 2018 earnings

    Facebook Q3 2018 earnings

    [ad_1] Investors are awaiting to see if Facebook’s warnings about a slow down in revenue growth rates will impact the company’s latest earnings. Facebook is expected to report its third-quarter earnings after bell on Tuesday. Here’s what analysts expect: Estimated earnings per share (EPS): $1.47, per Refinitv Estimated revenue: $13.78 billion, per Refinitiv Estimated daily…

  • Fiat Chrysler takes earnings hit over potential costs from diesel probe

    Fiat Chrysler takes earnings hit over potential costs from diesel probe

    [ad_1] Fiat Chrysler Automobiles said Tuesday its third-quarter profits dropped nearly 40 per cent due to a one-off charge to cover possible payments in a U.S. diesel probe involving SUVs and light-duty pickups. The Italian-American car company reported a net profit of €564 million ($842 million Cdn), compared with €910 million ($1.4 billion Cdn) in the…

  • Market bull is ‘shocked’ the Street is worrying about peak earnings 

    Market bull is ‘shocked’ the Street is worrying about peak earnings 

    [ad_1] Another day, another volatile trading session. The S&P 500 failed to stay in the green and fell into correction territory on Monday — for the first time since April 2. It’s now shaping up to be the index’s worst month since 2009. However, that’s not pushing long-term bull Richard Bernstein into bear territory. Bernstein,…

  • Akamai soars after earnings beat

    Akamai soars after earnings beat

    [ad_1] Content delivery network Akamai is up as much as 11 percent in premarket trading after crushing earnings. Akamai reported quarterly revenue of $670 million compared to $664 million analysts expected, according to Refinitiv. It also beat estimates on earnings per share by 11 cents, reporting 94 cents per share. Akamai’s technology allows for speedier…

  • HSBC reports 2018 third quarter earnings

    HSBC reports 2018 third quarter earnings

    [ad_1] HSBC is expected to announce an improvement in third-quarter earnings on Monday — but investors are likely to pay more attention to the bank’s guidance on its business prospects in the coming months, analysts said. “We think there are risks going forward for HSBC,” said Kevin Leung, executive director of investment strategy at Haitong…

  • Wall St falls after earnings disappointments, but off day’s lows

    Wall St falls after earnings disappointments, but off day’s lows

    [ad_1] NEW YORK (Reuters) – U.S. stocks were lower on Friday afternoon following a slew of high-profile earnings disappointments, but indexes were off the day’s lows and the S&P 500 eased off correction levels. Data earlier in the day showed the U.S. economy continued to grow at a healthy pace, offering some support. U.S. gross…

  • Global oil pricing worries hit U.S. energy shares as earnings loom

    Global oil pricing worries hit U.S. energy shares as earnings loom

    [ad_1] NEW YORK (Reuters) – Worries over global oil pricing and pipeline constraints are hanging over the energy sector as U.S. companies begin to report quarterly results, with many producers’ shares trading lower on the year. Crude oil is dispensed into a bottle in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration Third-quarter profits for…

  • Amazon plunges on weak guidance in earnings report

    Amazon plunges on weak guidance in earnings report

    [ad_1] Amazon opened down 8 percent following a disappointing third-quarter earnings report. While the company beat predictions on earnings per share, it missed on revenue, reporting $56.6 billion versus $57.10 analysts anticipated, according to Refinitiv. The company reported weaker than expected guidance for the upcoming holiday season, which gave analysts some pause. Amazon expected $2.1…

  • Asia stumbles again despite Wall St. bounce amid growth, earnings fears

    Asia stumbles again despite Wall St. bounce amid growth, earnings fears

    [ad_1] SHANGHAI (Reuters) – Asian shares slipped again on Friday morning, deepening this week’s markets rout, after disappointing results from Alphabet Inc and Amazon.com heightened concerns over the outlook for U.S. corporate earnings, global trade and economic growth. A man stands in front of an electronic board showing Japan’s Nikkei average outside a brokerage in…

  • Amazon reports Q3 2018 earnings

    Amazon reports Q3 2018 earnings

    [ad_1] Amazon‘s third-quarter earnings beat Street estimates, but its revenue and fourth-quarter outlook fell short of expectations, dropping its stock roughly 9 percent in after-hours trading — on pace for its lowest close since May. Here are the most important numbers: EPS: $5.75 vs. $3.14 estimated, according to Refinitiv Revenue: $56.6 billion vs. $57.10 billion…

  • Snap earnings Q3 2018

    Snap earnings Q3 2018

    [ad_1] The company lost DAUs on a quarter-over-quarter basis in both North America and Europe, extending pain points from last quarter, when the European Union’s stricter guidelines regarding user privacy took effect. Snap also cautioned that global DAUs are likely to decline next quarter as well. The company took a hit in engagement earlier this…

  • Intel earnings Q3 2018

    Intel earnings Q3 2018

    [ad_1] Intel stock rose as much as 6 percent but later pared back much of its gains Thursday after the company reported better-than-expected third-quarter earnings and full-year guidance. Here are the key numbers: Earnings: $1.40 per share, excluding certain items, vs. $1.15 per share expected by analysts, according to Refinitiv. Revenue: $19.16 billion, vs. $18.11…

  • Alphabet Google earnings Q3 2018

    Alphabet Google earnings Q3 2018

    [ad_1] In an analyst note following earnings, Pivotal’s Brian Wieser noted that Q2 represented the slowest pace of growth for this category since the first quarter of 2016. CEO Sundar Pichai said on the earnings call that its cloud business has had “many important wins” recently, but he didn’t provide any new revenue numbers to…

  • Wall St. rebounds after upbeat earnings, bargain hunting

    Wall St. rebounds after upbeat earnings, bargain hunting

    [ad_1] NEW YORK (Reuters) – U.S. stocks jumped on Thursday, giving the Nasdaq its biggest daily gain since March, as Microsoft’s upbeat earnings spurred a rebound in technology names and investors snapped up oversold shares. The Nasdaq rose 3 percent, a day after it confirmed a correction and registered its biggest decline since 2011. The…

  • Twitter Q3 2018 earnings beat estimates, stock soars

    Twitter Q3 2018 earnings beat estimates, stock soars

    [ad_1] Yana Paskova | Bloomberg | Getty Images Jack Dorsey, CEO of Square Inc., holds an Apple Inc. iPhone while standing outside of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. Twitter shares surged more than 17 percent Thursday after the company reported higher-than-expected earnings and revenue for…

  • Tech stocks bounce back at the open on the heels of strong earnings

    Tech stocks bounce back at the open on the heels of strong earnings

    [ad_1] Tech stocks rallied at the open on the heels of several positive tech earnings. The Nasdaq Composite Index rose as much as 1.4 percent at the open, a day after closing down 4.43 percent. Following plummeting stocks across the sector on Wednesday, tech companies already started to see a lift after the bell when…

  • Amazon Q3 2018 earnings preview

    Amazon Q3 2018 earnings preview

    [ad_1] Andrew Harrer | Bloomberg | Getty Images Jeff Bezos, founder and chief executive officer of Amazon.com Inc., laughs during a discussion at the Air Force Association’s Air, Space and Cyber Conference in National Harbor, Maryland, U.S., on Wednesday, Sept. 19, 2018.  Amazon is expected to show another huge jump in profits when it reports…

  • Here’s what Wall Street analysts had to say about Tesla earnings

    Here’s what Wall Street analysts had to say about Tesla earnings

    [ad_1] Mike Blake | Reuters A Tesla sales and service center is shown in Costa Mesa, California, U.S. June 28, 2018.  Tesla shares popped after the electric vehicle automaker reported a surprise third-quarter profit on Wednesday. Tesla shares rose more than 10 percent in premarket trading as analysts put out bullish notes to investors on…

  • Tesla shares pop 10% after blowout earnings 

    Tesla shares pop 10% after blowout earnings 

    [ad_1] Beck Diefenbach | Reuters Elon Musk, CEO of Tesla.  Tesla shares jumped more than 10 percent in premarket trading Thursday after the electric car maker delivered third-quarter earnings that blew past expectations and show signs the company is on its way to becoming the sustainably self-funded company promised by CEO Elon Musk. Musk had…

  • Alphabet Google Q3 earnings preview 

    Alphabet Google Q3 earnings preview 

    [ad_1] Google’s advertising business has continued to post impressive growth and Wall Street expects that to continue. Its properties revenue, which includes search, has seen year-over-year percentage growth accelerate in the first and second quarter of this year. And analysts estimate that properties revenue will hit $24.3 billion in the third quarter, a more than…

  • Comcast earnings Q3 2018

    Comcast earnings Q3 2018

    [ad_1] Comcast beat on the top and bottom lines when it reported third quarter earnings Thursday. Here’s what Comcast reported versus Wall Street’s expectations: Earnings: 65 cents per share vs. 61 cents per share expected, according to Refinitiv Revenue: $22.135 billion vs. $21.819 billion expected, according to Refinitiv High-speed internet customers: 363,000 net adds vs.…

  • Nokia earnings Q3 2018

    Nokia earnings Q3 2018

    [ad_1] Earlier this year, the company said investors could expect to see a recovery in the third quarter following a relatively weak start to 2018. Nokia has struggled with deteriorating growth since the current generation of 4G mobile equipment peaked in 2015. It comes as the company faces a flurry of headwinds at present, including…

  • One line in AMD’s earnings was enough to hurt the stock

    One line in AMD’s earnings was enough to hurt the stock

    [ad_1] Two familiar culprits are behind the stock market’s “insanely emotional” swings, Cramer said Wednesday after the Dow Jones Industrial Average erased its yearly gains, the S&P 500 turned negative and the Nasdaq saw its worst day since 2011. “The two men with the most influence over the stock market in the world, the president…

  • Stocks crumble as global growth, U.S. earnings fears spook markets

    Stocks crumble as global growth, U.S. earnings fears spook markets

    [ad_1] SYDNEY (Reuters) – Asian shares dived on Thursday as hundreds of billions of dollars hemorrhaged from global markets after a rout in tech stocks inflicted the largest daily decline on Wall Street since 2011, wiping out all its gains for the year. A screen displays a chart of the Dow Jones Industrial Average on…

  • The cloud floats Microsoft earnings again

    The cloud floats Microsoft earnings again

    [ad_1] (Reuters) – Microsoft Corp (MSFT.O) beat Wall Street estimates for revenue and profit in its first quarter on Wednesday, as more businesses signed up for its Azure cloud computing services and Office 365 software. FILE PHOTO: The Microsoft sign is shown on top of the Microsoft Theatre in Los Angeles, California, U.S. October 19,2018.…

  • Tech stocks recover after-hours on positive Tesla, Microsoft earnings

    Tech stocks recover after-hours on positive Tesla, Microsoft earnings

    [ad_1] After a dismal day for tech stocks, Tesla and Microsoft earnings pulled up stocks after hours across the sector. The Nasdaq was up 4.63 percent in after-hours trading after Tesla and Microsoft both crushed third quarter earnings. Microsoft reported $29.08 billion in revenuer for its fiscal first quarter, beating expectations of $27.90 billion according…

  • Tesla earnings Q3 2018

    Tesla earnings Q3 2018

    [ad_1] David McNew | AFP | Getty Images Tesla Motors CEO Elon Musk unveils large utility scale home batteries at the Tesla Design Studio in Hawthorne, California. Tesla shares soared by more than 10 percent in after-hours trading after the company reported a surprise profit for the third quarter and better-than expected car sales and…

  • Microsoft earnings Q1 2019

    Microsoft earnings Q1 2019

    [ad_1] Zach Gibson | Bloomberg | Getty Images Microsoft CEO Satya Nadella smiles at a meeting of the Economic Club of Washington in Washington, D.C., on Oct. 4, 2017. Microsoft will report fiscal first quarter earnings after market close on Wednesday. The company will hold a conference call to discuss the results with analysts at…

  • Expect huge iPhone ASP when Apple reports Q4 earnings, analyst says

    Expect huge iPhone ASP when Apple reports Q4 earnings, analyst says

    [ad_1] Stephen Lam | Reuters Tim Cook, CEO of Apple, smiles during a demonstration of the newly released Apple products following the launch event at the Steve Jobs Theater in Cupertino, California, September 12, 2018. Apple is likely to post a huge jump in average selling price (ASP) for the iPhone when it reports fourth…

  • Texas Instruments earnings Q3 2018

    Texas Instruments earnings Q3 2018

    [ad_1] Texas Instruments shares fell more than 5 percent in after-hours trade Tuesday after the company reported disappointing revenue and issued weak fourth-quarter guidance. The semiconductor company reported $4.26 billion in revenue, falling short of a Refinitiv consensus estimate of $4.3 billion. Still, Texas Instrument’s fourth-quarter revenue grew 4 percent year over year. The company…

  • Caterpillar tries to allay earnings concerns after shares tank

    Caterpillar tries to allay earnings concerns after shares tank

    [ad_1] CHICAGO (Reuters) – Caterpillar Inc (CAT.N) tried on Tuesday to ease mounting concerns about China and global demand after it affirmed its 2018 profit estimate, a move that investors feared signaled a cap in earnings growth and sparked a sell-off in its shares. FILE PHOTO: Caterpillar machines are seen at Lianyungang port in Jiangsu…

  • Dow, S&P fall as earnings season picks up; tech boosts Nasdaq

    Dow, S&P fall as earnings season picks up; tech boosts Nasdaq

    [ad_1] NEW YORK (Reuters) – The S&P 500 and the Dow fell in choppy trading on Monday as energy and financial stocks lost ground and caution grew ahead of a slew of earnings reports this week. Technology sector gains limited losses on the S&P 500 and helped to lift the Nasdaq. The beaten-down S&P technology…

  • Apple is the best tech bet heading into earnings, says Gene Munster

    Apple is the best tech bet heading into earnings, says Gene Munster

    [ad_1] With big tech names set to report earnings in the coming weeks, investors are wondering where to place their bets for a bounce. For Gene Munster, managing partner of technology-focused venture capital firm Loup Ventures, that place is Apple. He told CNBC he sees the tech giant as probably the best risk/reward heading into…

  • Wall Street set to rebound on strong earnings

    Wall Street set to rebound on strong earnings

    [ad_1] (Reuters) – U.S. stocks were set to open higher on Friday as a handful of major U.S. companies posted strong results, helping to relieve concerns about political and growth risks in Europe and Saudi Arabia that drove a 1 percent fall a day earlier. Traders work on the floor of the New York Stock…

  • American Express earnings Q3 2018

    American Express earnings Q3 2018

    [ad_1] American Express beat Wall Street’s expectations for third quarter earnings, saying Thursday it had earnings per share of $1.88 on strong gains in spending by consumers and small businesses. Wall Street had expected EPS of $1.77, as forecast by Refinitiv. Revenue was a record $10.1 billion, beating the expectation of $10.05 billion. Profit of…

  • Wall Street slides on weak earnings, hawkish Fed, Saudi concerns

    Wall Street slides on weak earnings, hawkish Fed, Saudi concerns

    [ad_1] (Reuters) – U.S. stocks sank more than 1 percent on Thursday as weak industrial earnings raised worries about rising expenses and the impact of tariffs, adding to concerns over higher borrowing costs after hawkish commentary in the Federal Reserve’s minutes. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE)…

  • Wall Street drops after weak industrial earnings, hawkish Fed

    Wall Street drops after weak industrial earnings, hawkish Fed

    [ad_1] (Reuters) – U.S. stocks fell on Thursday as weak earnings reports from industrials raised worries over rising expenses and the impact of tariffs, adding to concerns of higher borrowing costs after hawkish commentary in the Federal Reserve’s minutes. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New…

  • Wall Street slips at open on hawkish Fed, weak industrial earnings

    Wall Street slips at open on hawkish Fed, weak industrial earnings

    [ad_1] (Reuters) – U.S. stocks opened lower on Thursday as some industrials reported disappointing results, while the Federal Reserve’s minutes showed officials broadly agreed on raising interest rates further, fanning concerns that contributed to last week’s sharp selloff. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York,…

  • Futures drop on hawkish Fed, disappointing industrial earnings

    Futures drop on hawkish Fed, disappointing industrial earnings

    [ad_1] (Reuters) – U.S. stock futures fell on Thursday, as some industrials reported disappointing results, while the Federal Reserve’s minutes showed officials broadly agreed on raising interest rates further, fanning concerns that contributed to last week’s brutal selloff. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York,…

  • Alphabet and Amazon are still buys after Netflix earnings beat

    Alphabet and Amazon are still buys after Netflix earnings beat

    [ad_1] CNBC’s Jim Cramer has spotted some attractive buying opportunities in FAANG — his acronym for the stocks of Facebook, Amazon, Apple, Netflix and Google, now Alphabet — after the market’s latest sell-off. “Once again, reports of FAANG’s death proved to be premature,” the “Mad Money” host said Wednesday after Netflix’s earnings beat. “And, amazingly,…

  • Netflix actually got a downgrade from one analyst after its blowout earnings

    Netflix actually got a downgrade from one analyst after its blowout earnings

    [ad_1] The blowout Netflix earnings weren’t enough to convince one analyst that there’s much upside left on the entertainment streaming giant’s stock price. KeyBanc actually lowered its view on the company a day after Netflix reported earning per share of 89 cents, way ahead of Refinitiv estimates of 68 cents. The company saw nearly seven…

  • Morgan Stanley slashes Netflix price target before earnings

    Morgan Stanley slashes Netflix price target before earnings

    [ad_1] Akio Kon | Bloomberg | Getty Images Reed Hastings, chief executive officer of Netflix Inc. Morgan Stanley cut its 12-month price target for Netflix, citing global trends like the strong dollar and rising interest rates as upping the online streaming service’s expenses. Netflix is expected to report earnings after the bell Tuesday. The firm…

  • Netflix praises Rupert Murdoch ‘New Fox’ in earnings report

    Netflix praises Rupert Murdoch ‘New Fox’ in earnings report

    [ad_1] Netflix has a prediction: The future of live television is Rupert Murdoch’s “New Fox.” “New Fox” is the company that will exist after Fox sells $71.3 billion of its assets to Disney. It’s basically Fox’s broadcast channel, its owned and operated affiliate networks, Fox News, Fox Business, and its national Fox Sports channels. Some…

  • Netflix Q3 2018 earnings and revenue 

    Netflix Q3 2018 earnings and revenue 

    [ad_1] Streaming revenue grew 36 percent year-over-year during the third quarter, though international revenue was down $90 million due to year-over-year impact from currency. Netflix is projecting it will add 9.4 million net subscribers during the fourth quarter. The company also said in a shareholder letter it would be reclassifying some revenue to reflect how…

  • IBM earnings Q3 2018

    IBM earnings Q3 2018

    [ad_1] IBM will release earnings results for its fiscal third quarter after markets close on Tuesday. Here are the key numbers to watch: Earnings: $3.40 per share, excluding certain items, as expected by analysts, according to Refinitiv. Revenue: $19.10 billion as expected by analysts, according to Refinitiv. Analysts expect IBM’s revenue to drop on a…

  • BlackRock earnings Q3 2018

    BlackRock earnings Q3 2018

    [ad_1] Shares of BlackRock, the largest asset manager in the world, fell on Tuesday after the company posted a weaker-than-expected revenue for the third quarter. BlackRock said its revenue totaled $3.576 billion, while analysts polled by Refinitiv expected sales to clock in at $3.648 billion. Sales from BlackRock’s advisory, administration and lending business hit $2.88…

  • Morgan Stanley earnings Q3 2018

    Morgan Stanley earnings Q3 2018

    [ad_1] Morgan Stanley shares were poised for their their best day since February 2017 Tuesday after the company topped analysts expectations as strong investment banking results pushed revenue up 15 percent over last year. Bond and equity trading revenue also exceeded expectations despite a late-summer lull. Earnings per share of $1.17 beat the $1.01 forecast…

  • Goldman Sachs 3Q earnings beat estimates

    Goldman Sachs 3Q earnings beat estimates

    [ad_1] Goldman Sachs beat analysts’ expectations for third-quarter profit and revenue on strength in all of its major businesses apart from trading. The bank on Tuesday reported earnings per share of $6.28, exceeding the $5.38 estimate by analysts surveyed by Refinitiv and higher than the $5.02 a year earlier. Revenue of $8.65 billion exceeded the…

  • Goldman warns Apple earnings could waver due to weak Chinese demand

    Goldman warns Apple earnings could waver due to weak Chinese demand

    [ad_1] Apple earnings may disappoint investors because of a marked deterioration in Chinese demand for iPhones, Goldman Sachs says. “There are multiple signs of rapidly slowing consumer demand in China which we believe could easily affect Apple’s demand there this fall,” Goldman analyst Rod Hall said in an investor note Sunday. Though Hall admitted that…

  • Bank of America earnings Q3 2018

    Bank of America earnings Q3 2018

    [ad_1] Bank of America on Monday beat analysts’ estimate for third-quarter profit and revenue as the nation’s second-largest bank set aside less than expected for loan losses. The bank posted earnings per share of 66 cents, a 43 percent increase from a year earlier, exceeding the 62 cent estimate of analysts surveyed by Refinitiv. Revenue…

  • Earnings may save stock rally

    Earnings may save stock rally

    [ad_1] The man who called the latest sell-off believes earnings hold the key to saving the year’s historic rally. According to Ned Davis Research’s Ed Clissold, the market is going through a panic reaction due to a change in the Federal Reserve’s posture on interest rates. Yet he also believes the damage will ultimately be…

  • JPM Q3 earnings beat expectations

    JPM Q3 earnings beat expectations

    [ad_1] J. P. Morgan Chase topped analysts’ expectations for third-quarter earnings and revenue Friday as better-than-expected retail banking results offset weakness in bond trading. The nation’s largest bank by assets reported that revenue rose 5 percent to $27.8 billion, versus the $27.5 billion average estimate of analysts surveyed by Refinitiv. Earnings per share rose 33…

  • Wells Fargo earnings Q3 2018 beat expectations

    Wells Fargo earnings Q3 2018 beat expectations

    [ad_1] Net income was $6 billion in the quarter, up 33 percent from last year. Wells Fargo is working on cutting costs. In September, it announced plans to cut 5 percent to 10 percent of its workforce over the next three years as part of an ongoing turnaround plan. Wells employs 265,000 people. It said…

  • Citigroup earnings Q3 2018 beat expectations

    Citigroup earnings Q3 2018 beat expectations

    [ad_1] Citigroup reported better-than-expected earnings for the third quarter on Friday as the company’s bottom line received a boost from lower corporate taxes. Here is how the banking giant’s results fared compared with Wall Street estimates: Earnings: $1.73 per share vs $1.69 expected by Refinitiv Revenue: $18.389 billion vs $18.501 billion forecast The company’s stock…

  • Healthcare momentum rides on defensive appeal, earnings, election

    [ad_1] NEW YORK (Reuters) – Healthcare company shares have taken the lead in the record-setting U.S. stock market, and a desire for investors to become more defensive combined with potentially strong upcoming earnings could drive them even higher. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September…

  • Red Hat earnings Q2 2019

    Red Hat earnings Q2 2019

    [ad_1] Red Hat stock fell as much as 7 percent and then rebounded on Wednesday after the company reported lower revenue than expected for the second quarter of its 2019 fiscal year, which ended on Aug. 31. Executives will discuss the results with analysts on a conference call at 5 p.m. Eastern time. Here are…

  • Look for a Kaepernick sales ‘bump’ in Nike’s earnings next week

    Look for a Kaepernick sales ‘bump’ in Nike’s earnings next week

    [ad_1] Angela Weiss | AFP | Getty Images A Nike Ad featuring American football quarterback Colin Kaepernick is on diplay September 8, 2018 in New York City. – Nike’s new ad campaign featuring Kaepernick, the American football player turned activist against police violence, takes a strong stance on a divisive issue which could score points…

  • Oracle earnings Q1 2019

    Oracle earnings Q1 2019

    [ad_1] Oracle shares fell almost 5 percent in extended trading on Monday after the company reported fiscal first-quarter sales that missed analysts’ estimates. Executives will discuss the results with analysts on a conference call at 5 p.m. Eastern time. Here are the key numbers: Earnings: 71 cents per share, excluding certain items, vs. 69 cents…

  • Two top brokerages cut Micron target by 25% ahead of earnings

    Two top brokerages cut Micron target by 25% ahead of earnings

    [ad_1] Wall Street darling Micron drew two big price target cuts Monday morning, with both BMO Capital Markets and Deutsche Bank slashing forecasts and sending shares tumbling in early trading. Shares of the chipmaker fell 1.7 percent after both Deutsche’s Sidney Ho and BMO’s Ambrish Srivastava highlighted softness in the company’s memory chip pricing. “While…

  • Sonos earnings Q3 2018

    Sonos earnings Q3 2018

    [ad_1] Sonos stock fell as much as 15 percent in extended hours on Monday, erasing a trading-day gain of 13 percent, after the company reported earnings for the third quarter of its 2018 fiscal year, which ended on June 30. Here’s how the company did its its first earnings report: Earnings: Loss of 45 cents…

  • Change Ahoy: Mondelez’s new strategy weighs on earnings outlook

    Change Ahoy: Mondelez’s new strategy weighs on earnings outlook

    [ad_1] CHICAGO (Reuters) – Mondelez International Inc (MDLZ.O) forecast smaller-than-expected earnings growth for 2019 as Chief Executive Dirk Van de Put unveiled a series of strategic changes, sending the Chips Ahoy-maker’s shares down 2.8 percent on Friday FILE PHOTO: The logo of Mondelez International is pictured at the company’s building in Zurich November 14, 2012.…

  • Okta earnings Q2 2019

    Okta earnings Q2 2019

    [ad_1] Okta stock jumped as high as 17 percent in extended trading after the company reported better-than-expected results for the second quarter of its 2019 fiscal year, which ended on July 31. The company will hold a conference call with analysts to discuss the results at 5 p.m. Eastern time. Here’s how the company did:…

  • Cloudera earnings Q2 2019

    Cloudera earnings Q2 2019

    [ad_1] Matthew Busch | Bloomberg | Getty Images Tom Reilly, chief executive officer of Cloudera Inc. Cloudera stock soared 10 percent in extended trading Wednesday after the company posted a smaller-than-expected loss for the second quarter of its fiscal year 2019. Here’s how the company did compared with Wall Street estimates: Earnings: loss of 8…

  • Workday earnings Q2 2019

    Workday earnings Q2 2019

    [ad_1] Workday shares fell about 4 percent in extended trading on Tuesday, even though the cloud software company reported better-than-expected earnings for the fiscal second quarter, which ended July 31. Here are the key numbers: Earnings: 31 cents per share, excluding certain items, vs. 26 cents per share as expected by analysts, according to Thomson…

  • Big Lots shares plummet 10% after earnings disappoint

    Big Lots shares plummet 10% after earnings disappoint

    [ad_1] Emile Wamsteker | Bloomberg | Getty Images A customer exits a Big Lots store in Clifton, New Jersey. Shares of Big Lots plunged in premarket trading Friday after the discount retailer reported second-quarter earnings that fell short of Wall Street expectations. The company’s stock dropped more than 10 percent before the opening bell, set…

  • Salesforce earnings Q2 2019

    Salesforce earnings Q2 2019

    [ad_1] Salesforce shares fell 2 percent Wednesday after the company reported better-than-expected revenue for the second quarter of its 2019 fiscal year, which ended on July 31. Executives will discuss the results with analysts on a conference call at 5 p.m. Eastern time. Here’s how Salesforce performed: Earnings: 71 cents per share, excluding certain items.…

  • Best Buy earnings Q2 2018 top estimates, but it expects weaker Q3

    Best Buy earnings Q2 2018 top estimates, but it expects weaker Q3

    [ad_1] Best Buy shares tumbled is Tuesday’s premarket even though the electronics retailer reported second-quarter earnings and sales that topped analysts’ expectations. The company also raised its full-year profit outlook, building on its strong performance during the first six months of the year. Still, the retailer’s stock fell more than 6 percent in early trading,…

  • Box earnings Q2 2019

    Box earnings Q2 2019

    [ad_1] Box shares dropped as much as 6 percent after the company reported earnings for the second quarter of its 2019 fiscal year and offered slightly weak guidance for the third quarter. Here’s how Box did in its second quarter, which ended July 31: Earnings: Loss of 5 cents per share, excluding certain items, vs.…

  • HPE earnings Q3 2018

    HPE earnings Q3 2018

    [ad_1] Bloomberg | Getty Images Antonio Neri, CEO of Hewlett Packard Enterprise, speaks at the 2017 HP Discover 2017 conference in Las Vegas. Hewlett Packard Enterprise stock rose on Tuesday after the company reported better-than-expected earnings for the third quarter of its 2018 fiscal year, which ended on July 31. The company will hold a…

  • HP earnings Q3 2018

    HP earnings Q3 2018

    [ad_1] HP reported better-than-expected fiscal third quarter earnings on Thursday, but the stock dipped in extended trading. Here are the key numbers: Earnings: 52 cents per share, excluding certain items, vs. 51 cents per share as expected by analysts, according to Thomson Reuters. Revenue: $14.59 billion, vs. $14.27 billion as expected by analysts, according to…

  • Barclays bumps S&P 500 target higher after strong q2 earnings

    Barclays bumps S&P 500 target higher after strong q2 earnings

    [ad_1] Ronaldo Schemidt | AFP | Getty Images Celebration of San Juan de Dios festivity in Tultepec, near Mexico City, Mexico. Barclays raised its year-end projection for the S&P 500 on Thursday, explaining that the bank’s new forecasting model better captures strong second-quarter earnings. Chief equity strategist Maneesh Deshpande revised his December target to 3,000…

  • CIBC Q3 earnings rise 25% to $1.37B

    CIBC Q3 earnings rise 25% to $1.37B

    [ad_1] Canadian Imperial Bank Of Commerce raised its quarterly dividend as it reported a third-quarter profit of $1.37 billion, a 25 per cent increase from the same period in 2017. RBC kicked off bank earnings yesterday with an 11 per cent increase in third quarter profit. CIBC says it will now pay a quarterly dividend of…

  • Alibaba Q1 2018 earnings

    Alibaba Q1 2018 earnings

    [ad_1] The Chinese titan has tried to bolster the division by striking partnerships with big U.S. consumer brands. Earlier this month, luxury jeweler Tiffany & Co said it would begin selling products on Alibaba’s Tmall site. And Kroger said it would sell some products on Tmall as well. Alibaba is not just an e-commerce player.…

  • Royal Bank kicks off bank earnings with 11% profit increase

    Royal Bank kicks off bank earnings with 11% profit increase

    [ad_1] Royal Bank of Canada raised its dividend as it reported a record $3.1 billion in net income for its third quarter, up 11 per cent from a year ago. The bank’s results, which beat analyst expectations, were driven by earnings growth in its wealth management, capital markets and personal and commercial banking divisions. Royal…

  • Xiaomi Q2 earnings 2018

    Xiaomi Q2 earnings 2018

    [ad_1] Chinese electronics giant Xiaomi reports second quarter earnings on Wednesday amid pressure on its share price and questions over its long-term business model. It’s the first time Xiaomi will release results as a public company after its initial public offering (IPO) in July. Here’s what the market expects: Revenue of 39.18 billion yuan ($5.72…

  • Pure Storage earnings Q2 2019

    Pure Storage earnings Q2 2019

    [ad_1] Pure Storage shares jumped 9 percent in extended trading on Tuesday after the data center hardware company reported an unexpected profit for its fiscal second quarter. Here are the key numbers: Earnings: 1 cent per share, excluding certain items, vs. loss of 6 cents per share as expected by analysts, according to Thomson Reuters.…

  • Wall St. rallies on solid earnings, U.S.-China trade talks

    Wall St. rallies on solid earnings, U.S.-China trade talks

    [ad_1] NEW YORK (Reuters) – U.S. stocks rebounded on Thursday with the Dow posting its biggest percentage gain in over four months, as positive earnings and waning trade jitters buoyed investor confidence. A broad rally pulled all three major U.S. indexes higher following Wednesday’s sell-off. Walmart Inc (WMT.N) shares jumped 9.3 percent after the world’s…

  • Nvidia earnings Q2 2019

    Nvidia earnings Q2 2019

    [ad_1] Nvidia stock fell by 6 percent on Thursday after the company reported better-than-expected earnings and lower-than-expected revenue guidance. The company will hold a conference call with analysts at 5:30 p.m. Eastern time. Here are the major numbers: Earnings: $1.76 per share, excluding certain items, vs. $1.66 per share as expected by analysts, according to…

  • Trader bets on Nvidia pullback on earnings – but would buy it anyway

    Trader bets on Nvidia pullback on earnings – but would buy it anyway

    [ad_1] While chip stocks have largely languished in 2018, one name has stood out: Nvidia has rallied 34 percent this year. But, a key test looms Thursday afternoon when the chip giant reports earnings. Some investors see a pullback ahead. “This thing broke out extremely strongly last May and we’ve seen a trend line hold…

  • Tencent falls after earnings disappoint, but pain could be short term

    Tencent falls after earnings disappoint, but pain could be short term

    [ad_1] Giulia March | Bloomberg | Getty Images A flag bearing the Tencent logo is displayed alongside a Chinese flag outside the company’s offices in Beijing, China. Tencent’s stock was in focus after the company posted a quarterly earnings report on Wednesday that missed analyst expectations. Thursday morning trade saw the Chinese tech giant’s Hong Kong-listed…

  • U.S. stocks drop on downbeat earnings, trade tensions

    U.S. stocks drop on downbeat earnings, trade tensions

    [ad_1] NEW YORK, (Reuters) – Wall Street fell in a day of heavy trading on Wednesday with the S&P 500 posting its biggest percentage drop since late June as investors turned risk-averse on disappointing earnings and escalating global tariff worries. Chinese technology company Tencent Holdings Ltd (0700.HK) reported its first profit decline in almost 13…

  • Cisco earnings Q4 2018

    Cisco earnings Q4 2018

    [ad_1] Cisco stock rose more than 5 percent on Wednesday after the company reported better-than-expected earnings for the fourth quarter of its 2018 fiscal year, which ended on July 28. Here’s how the company performed: Earnings: 70 cents per share, excluding certain items, vs. 69 cents per share as expected by analysts, according to Thomson…

  • Tencent Q2 earnings 2018

    Tencent Q2 earnings 2018

    [ad_1] Tencent reports second-quarter earnings Wednesday with investors closely watching the impact of Chinese regulators on the company’s giant gaming business, which is a key driver of revenues. Shares of the Chinese internet giant fell sharply ahead of the earnings report as investors fretted about a potential slowdown in growth in online games and advertising…

  • Wall St. rises on earnings optimism, lira rebound

    Wall St. rises on earnings optimism, lira rebound

    [ad_1] (Reuters) – Wall Street’s three major indexes rose on Tuesday with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira eased contagion fears. The S&P 500 and the Dow Jones Industrial Average ended four-day losing streaks with…

  • Charts point to trouble for Nvidia on earnings this week

    Charts point to trouble for Nvidia on earnings this week

    [ad_1] As Nvidia gears up to report its latest quarterly earnings this week, one top technician warns of pain ahead on the results. Shares of the chipmaker have been on a tear, now up more than 64 percent in the past year. However according to Carter Worth, head of technical analysis at Cornerstone Macro, the…

  • Jefferies says buy Nvidia shares into earnings due its next graphics chips

    Jefferies says buy Nvidia shares into earnings due its next graphics chips

    [ad_1] Tyrone Siu | Reuters Nvidia co-founder and CEO Jensen Huang attends an event during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Nvidia’s sales will surge over the next year due to its next generation graphics products, according to Jefferies. The firm reiterated its buy rating for Nvidia’s stock, predicting the…

  • Freshii shares down on earnings miss

    Freshii shares down on earnings miss

    [ad_1] Freshii share prices tumbled almost 10 per cent in early afternoon trading as the Toronto-based restaurant chain missed earnings expectations for the second quarter. The Toronto-based company, which reports in U.S. dollars, saw net income nudge into the black at $298,000 in the latest quarter, compared to a loss of $383,000 in the second…

  • Roku stock up on earnings, as more viewers spend longer streaming

    Roku stock up on earnings, as more viewers spend longer streaming

    [ad_1] Shares of Roku shot up 22 percent Thursday after the company beat estimates for the second quarter and reported more viewers spending longer hours streaming content. The company topped Wall Street estimates for quarterly revenue as its strategy to focus on its ad-supported platform paid off. Roku said it added 22 million active accounts…

  • European stocks mixed; traders monitor US-China trade row, earnings

    European stocks mixed; traders monitor US-China trade row, earnings

    [ad_1] European stocks are set for a mixed open Thursday morning amid a deepening U.S.-China trade dispute and a flurry of corporate earnings. Britain’s FTSE 100 was seen 34 points higher at 7,766, the German DAX 2 points lower at 12,623, France’s CAC 40 flat and the Italian FTSE MIB down 15 points, according to…

  • Paddy Power’s bet on Oz taxes its earnings | City & Business | Finance

    Paddy Power’s bet on Oz taxes its earnings | City & Business | Finance

    [ad_1] Shares in the FTSE 100 bookmaker and online betting exchange fell 580p to 7540p as it trimmed its full-year pre-tax earnings guidance to £460-480million from £470-495million. Chief executive Peter Jackson said the lower forecast was partly due to changes in the taxation of online betting Down Under, as well as its $770million (£597million) takeover…

  • Twenty-First Century Fox beats on earnings and revenue

    Twenty-First Century Fox beats on earnings and revenue

    [ad_1] Twenty-First Century Fox reported fiscal fourth-quarter earnings that beat analysts’ expectations on Wednesday. Here’s how the company did compared with Thomson Reuters consensus estimates: Earnings: 57 cents per share vs. 54 cents per share expected Revenue: $7.94 billion vs. $7.56 billion expected In the year-ago quarter, Fox reported earnings of 36 cents a share…

  • Fox tops estimates as ‘Deadpool 2,’ cable earnings drive gains

    Fox tops estimates as ‘Deadpool 2,’ cable earnings drive gains

    [ad_1] (Reuters) – Twenty-First Century Fox Inc’s quarterly profit and revenue topped Wall Street targets on Wednesday, thanks to the popularity of edgy superhero movie “Deadpool 2” and as the company’s cable unit earned higher fees from distributors. FILE PHOTO: The 21st Century Fox logo is displayed outside the News Corporation building in the Manhattan…

  • 3D printing company shares skyrocket after big earnings beat

    3D printing company shares skyrocket after big earnings beat

    [ad_1] Computer manufacturer 3D Systems shares skyrocketed on Wednesday after the company reported better-than-expected earnings and revenue for the second quarter. Shares soared as much as 36 percent, putting the stock on track for its best day since Feb. 17, 2011. The company reported earnings after the bell Tuesday of 6 cents per share, crushing…

  • Glencore reports record earnings, higher costs too

    Glencore reports record earnings, higher costs too

    [ad_1] LONDON (Reuters) – Glencore (GLEN.L) reported a 23 percent rise in first-half core earnings on Wednesday, just below analyst forecasts, as higher costs and lower prices for cobalt and other products ate into profits. FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, November…

  • Bumper U.S. earnings, China stimulus hopes keep world shares at one-week high

    Bumper U.S. earnings, China stimulus hopes keep world shares at one-week high

    [ad_1] LONDON (Reuters) – World shares held near one-week highs on Wednesday, supported by robust U.S. earnings and expectations of additional stimulus from Beijing that could temper the impact of China’s simmering trade dispute with the United States. FILE PHOTO: People walk past the London Stock Exchange Group offices in the City of London, Britain,…

  • Dentsply Sirona on pace for worst day in 5 years on earnings slash

    Dentsply Sirona on pace for worst day in 5 years on earnings slash

    [ad_1] Dental supplies maker Dentsply Sirona shares dropped on Tuesday after the company cut its earnings and revenue estimates for 2018, citing destocking from partner dealers. Shares tanked 18.7 percent at $39.41 per share, the stock’s worst day in over five years, after the company announced that it expects earnings of $2.00 to $2.15 per…

  • Snap Q2 2018 earnings 

    Snap Q2 2018 earnings 

    [ad_1] Snap shares were volatile in post-market trading after the company beat earnings estimates, but daily active users (DAUs) fell due to redesign issues. The company also issued revenue guidance for the first time, but it was lower than estimated. It advised third-quarter revenue at $265 million to $290 million, shy of the FactSet estimate…

  • Disney set to report earnings after the market close

    Disney set to report earnings after the market close

    [ad_1] Disney’s broadcasting business saw a stunning 43 percent year-over-year growth in operating income to $361 million amid higher program sales, affiliate revenue growth and network advertising revenue. The company said higher sales of “Designated Survivor, “How to Get Away with Murder” and “Grey’s Anatomy” helped drive that increase. In April, Disney launched ESPN Plus,…

  • Asian shares extend recovery on earnings, China policy hopes

    Asian shares extend recovery on earnings, China policy hopes

    [ad_1] TOKYO (Reuters) – Asian shares rose on Wednesday on the back of firmer Wall Street earnings while expectations for increased Chinese stimulus helped take the edge off wider concerns about the worsening Sino-U.S. trade dispute. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan October 11, 2017.…

  • Snapchat shrinks by 3M users to 188M despite Q2 earnings beat – TechCrunch

    Snapchat shrinks by 3M users to 188M despite Q2 earnings beat – TechCrunch

    [ad_1] The Stories War has officially killed Snapchat’s growth. In Q2 2018 earnings today, Snapchat’s daily user count shrank 1.5 pecent percent to 188 million this quarter, down from 191 million and positive 2.9 percent user growth last quarter. Snapchat did beat earnings expectations with $262.3 million in revenue and a loss of $0.14 while…

  • European stocks higher; Commerzbank, Deutsche Post earnings due

    European stocks higher; Commerzbank, Deutsche Post earnings due

    [ad_1] European futures traded slightly higher in premarket trade Tuesday, as investors kept a close eye on trade tension and earnings. Britain’s FTSE 100 was up almost 10 points at 7,668, while the German DAX rose nearly 29 points to 12,613, France’s CAC 40 inched up 13 points to 5,483 and the Italian FTSE MIB…

  • Wall Street closes higher as strong earnings cheer investors

    Wall Street closes higher as strong earnings cheer investors

    [ad_1] NEW YORK (Reuters) – The three major U.S. stock indexes closed higher on Monday as investors applauded a strong U.S. earnings season with results from Berkshire Hathaway impressing and Facebook lifting Nasdaq after a report it was planning new services. The S&P edged closer to a record hit on Jan. 26, closing within a…

  • Rebound in Chinese shares, solid U.S. earnings support Asia

    Rebound in Chinese shares, solid U.S. earnings support Asia

    [ad_1] TOKYO (Reuters) – A rebound in battered Chinese stock markets on Monday helped lift Asian equities, which also drew support from earnings-led gains on Wall Street in a welcome relief for investors grappling with an intensifying Sino-U.S. trade conflict. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo,…

  • Stocks in U.S. lift on strong earnings as trade fight caps gains

    Stocks in U.S. lift on strong earnings as trade fight caps gains

    [ad_1] Stock markets lifted on Monday after strong corporate earnings helped Wall Street close higher, but a tariff dispute between the United States and China limited gains in equities while boosting the dollar and helping keep Treasury yields lower. Sterling dropped to an 11-month low after the British trade minister warned that the nation was…

  • Twilio earnings Q2 2018

    Twilio earnings Q2 2018

    [ad_1] Twilio shares jumped 16 percent in extended trading on Monday after the cloud software company reported better-than-expected second quarter results. Here are the key numbers: Earnings: 3 cents per share, excluding certain items, vs. loss of 5 cents per share as expected by analysts, according to Thomson Reuters. Revenue: $147.8 million, vs. $131.1 million…

  • This could be an earnings season for the record books

    This could be an earnings season for the record books

    [ad_1] Investors came into this earnings season with high hopes as FactSet had forecast year-over-year profits to grow by 20 percent in the second quarter. So far, second-quarter earnings have increased by 24 percent through Friday. At this rate, quarterly earnings are on pace to post their second-highest year-over-year growth since the third quarter of…

  • S&P gains on strong earnings, Facebook lifts Nasdaq

    S&P gains on strong earnings, Facebook lifts Nasdaq

    [ad_1] (Reuters) – The S&P 500 edged higher on Monday, buoyed by strong results from Berkshire Hathaway Inc and Tyson Foods, while Nasdaq got a lift from gains in Facebook and PepsiCo. A trader works on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., July 31,…

  • Upbeat earnings lift stocks as trade fears cap gains and pressure dollar

    Upbeat earnings lift stocks as trade fears cap gains and pressure dollar

    [ad_1] NEW YORK (Reuters) – Stocks around the world advanced on Friday on strong earnings, with consumer staples results boosting Wall Street, though a trade spat between the United States and China along with weaker-than-expected U.S. jobs numbers capped gains and weighed on the dollar. FILE PHOTO: Traders work on the floor of the New…

  • Wall Street gains as upbeat earnings trump trade jitters

    Wall Street gains as upbeat earnings trump trade jitters

    [ad_1] NEW YORK (Reuters) – U.S. stocks advanced on Friday as upbeat earnings helped investors shrug off heightened trade anxieties and weaker-than-expected July jobs growth. For the week, the S&P 500 and the Nasdaq gained ground, up 0.8 percent and 1.0 percent, respectively, while the Dow was essentially flat. The S&P 500 notched its fifth…

  • Tesla stock up 16% after earnings, promises of profitable second half

    Tesla stock up 16% after earnings, promises of profitable second half

    [ad_1] Shares of Tesla closed more than 16 percent up Thursday, a day after CEO Elon Musk and the automaker promised a profitable second half of 2018 during its second-quarter earnings report. The stock had its best day since December 2013 when it gained 16.53 percent. It’s a welcome stock bump for investors, who sent…

  • GoPro slated to report earnings after the bell

    GoPro slated to report earnings after the bell

    [ad_1] GoPro is scheduled to report second-quarter earnings after the market close Thursday. Here’s what Wall Street expects: Loss per share: 22 cents, forecast by Thomson Reuters. Revenue: $270.2 million, forecast by Thomson Reuters. Analysts forecast a 9 percent year-over-year decline in revenue. The stock has plunged 25 percent in the past 12 months as…

  • A sleeper tech pricing trend will boost future earnings

    A sleeper tech pricing trend will boost future earnings

    [ad_1] Apple reached a $1 trillion market cap on Thursday after reporting strong earnings earlier this week, the first US company to reach that milestone, and with results up for a number of reasons — sales of its higher-priced iPhone X and its booming services business, among them. But there is another underappreciated earnings tailwind…

  • CBS to report earnings as CEO Moonves faces sexual-misconduct probe

    CBS to report earnings as CEO Moonves faces sexual-misconduct probe

    [ad_1] CBS will report second-quarter earnings on Thursday as turmoil swirls around the media company as the important fall TV season approaches. CEO Les Moonves is facing a board investigation after the New Yorker published a story on Friday with six women accusing him of sexual misconduct spanning three decades. The allegations against Moonves include…

  • Apple’s Earnings Cheer Dampened by Chinese State Media Scolding

    Apple’s Earnings Cheer Dampened by Chinese State Media Scolding

    [ad_1] Apple may have just notched up its fourth straight quarter of double-digit revenue growth in China, but among some Chinese consumers the glow was overshadowed by Chinese state media’s tirade of criticism against the smartphone giant. On Tuesday evening in China, hours before Apple’s earnings, China’s official state broadcaster railed against the firm in a…

  • DBS CEO Piyush Gupta on second-quarter earnings, US-China trade war

    DBS CEO Piyush Gupta on second-quarter earnings, US-China trade war

    [ad_1] Trade tensions between the U.S. and China have hit business and consumer confidence — and that’s a bigger challenge to overcome right now compared to any economic damage inflicted by new tariffs, according to the chief executive of Southeast Asia’s largest bank. “The bigger challenge is really the psychological challenge,” Piyush Gupta, CEO of…

  • Tesla earnings Q2 2018

    Tesla earnings Q2 2018

    [ad_1] Tesla reported quarterly earnings and revenue that missed analysts’ expectations on Wednesday. Here’s how the company did compared with what Wall Street expected: Losses: -$.3.06 per share vs. -$2.92 per share forecast by Thomson Reuters Revenue: $4.00 billion vs. $3.96 billion forecast by Thomson Reuters Automotive gross margins increased to 20.6 percent. Model 3…

  • Fitbit to report earnings after the bell

    Fitbit to report earnings after the bell

    [ad_1] Fitbit is expected to report second-quarter results after the close Wednesday. Here is what Wall Street expects: Loss per share: 24 cents, forecast by Thomson Reuters. Revenue: $285.4 million, forecast by Thomson Reuters. The stock has been flat in 2018, gaining about 2 percent. In the same period, the Invesco QQQ Trust, which tracks…

  • Tesla earnings watch is ‘all about profitability’

    Tesla earnings watch is ‘all about profitability’

    [ad_1] The key question on investors’ minds when Tesla reports second quarter earnings after the market closes Wednesday is when it will start to turn a profit. Now that the company has reached key production milestones on its Model 3 mid-size electric sedan, investors are worrying less about Tesla’s ability to ramp up production and…

  • Apple’s multiple should exceed 17 times earnings 

    Apple’s multiple should exceed 17 times earnings 

    [ad_1] Apple may have impressed investors with its fiscal third quarter earnings, but CNBC’s Jim Cramer thinks “the ultimate consumer products company” ought to have a price-to-earnings multiple to match. “There are many metrics Apple uses, this has a 17 multiple. How is that possible?” Cramer said on “Squawk on the Street.” “That is insane.”…

  • Nasdaq opens higher after Apple surges on earnings

    Nasdaq opens higher after Apple surges on earnings

    [ad_1] That report, however, comes after Bloomberg News reported that the U.S. and China are trying to restart talks in order to avoid a full-blown trade war. The report said, citing sources familiar with the situation, that representatives of Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He are talking privately about the matter.…

  • Every major Wall Street analyst on Apple’s earnings report

    Every major Wall Street analyst on Apple’s earnings report

    [ad_1] Getty Images Apple CEO Tim Cook delivers the keynote address during Apple WWDC on June 8, 2015, in San Francisco. Apple shares rallied after the company beat Wall Street expectations on both the top and bottom lines as well as for average iPhone selling price. Apple’s stock jumped more than 4 percent in premarket…

  • Eight experts debate Apple ahead of earnings

    Eight experts debate Apple ahead of earnings

    [ad_1] Apple is set to report earnings after the bell Tuesday, just as the tech sector witnesses a deep sell-off across other tech giants such as Amazon, Netflix and Facebook. “We continue to recommend Apple,” Baird senior research analyst Will Power told CNBC in early July. “That’s our top big-cap pick. I do think there’s…

  • Laser-maker IPG Photonics loses a quarter of its value after earnings miss

    Laser-maker IPG Photonics loses a quarter of its value after earnings miss

    [ad_1] Laser-manufacturer IPG Photonics shares tanked on Tuesday after reporting disappointing second-quarter earnings before the bell. Shares closed down 27 percent, making it the worst performer in the Standard and Poor’s 500 index on Tuesday. The company reported second-quarter earnings per share at $2.21, below a $2.25 consensus estimate by Thomson Reuters, despite growing 16…

  • Apple earnings Q3 2018

    Apple earnings Q3 2018

    [ad_1] The record services revenue is partly the result of a one-time line item totaling $236 million related to lawsuits, the company said. It also saw a boost from increased paid subscribers through the App Store, a 50 percent year-over-year increase in cloud revenue, and higher Apple Pay usage rates. “Apple Pay continues to expand…

  • Apple’s pricey iPhone X, subscriptions deliver earnings beat

    Apple’s pricey iPhone X, subscriptions deliver earnings beat

    [ad_1] (Reuters) – Apple Inc sales led by the pricey iPhone X pushed quarterly results far beyond Wall Street targets on Tuesday, with subscriptions from App Store, Apple Music and iCloud services bolstering business. FILE PHOTO: A customer uses the new face-recognition software on the new iPhone X inside the Apple Store in Regents Street…

  • Hopefully Musk won’t ‘rant’ again, overshadow Tesla earnings

    Hopefully Musk won’t ‘rant’ again, overshadow Tesla earnings

    [ad_1] Another “rant” by Tesla CEO Elon Musk could eclipse what is expected to be a great quarter for the electric car maker, one analyst told CNBC on Tuesday. “My hope is that he’s going to be in apologetic mode,” Romit Shah, senior analyst at Nomura Securities International, said in a “Closing Bell” interview. “Because…

  • Apple earnings beat expectations as it sells pricier iPhones

    Apple earnings beat expectations as it sells pricier iPhones

    [ad_1] Apple Inc. on Tuesday posted quarterly results that topped Wall Street targets and forecast revenue in the current quarter above expectations, driven by sales of higher-priced iPhones and revenue from services like the App Store, Apple Music and iCloud. Apple beat sales estimates in part by selling fewer but pricier iPhones than analysts expected.…

  • Baidu set to report earnings after the bell

    Baidu set to report earnings after the bell

    [ad_1] Baidu is scheduled to report second-quarter earnings after the market close Tuesday. Here’s what Wall Street expects: Earnings: 16.46 yuan per share, forecast by Thomson Reuters Revenue: 25.56 billion yuan, forecast by Thomson Reuters In June, the Chinese search giant said it reached 150 million daily active users on its main search and news…

  • Beaten-down GoPro shares may surge on its earnings report: JP Morgan

    Beaten-down GoPro shares may surge on its earnings report: JP Morgan

    [ad_1] GoPro shares could rise significantly when the company posts its financial results this week, according to J.P. Morgan. The firm said the company’s stock price is now low enough for the shares to rally on a decent earnings report. GoPro is slated to report its second-quarter earnings results Thursday after the market close. “We…

  • Apple Q3 earnings preview

    Apple Q3 earnings preview

    [ad_1] Apple will report its fiscal third-quarter earnings after the bell Tuesday, as tech stocks continue to tank throughout a rocky earnings season. Here’s what Wall Street is expecting from Apple: Earnings per share: $2.18, according to a Thomson Reuters estimate Revenue: $52.34 billion, according to a Thomson Reuters estimate iPhone unit sales: 41.79 million,…

  • Credit Suisse earnings q2 2018 

    Credit Suisse earnings q2 2018 

    [ad_1] Here are some of the highlights for the second quarter: Net income: 647 million Swiss francs ($655 million) Net revenues: 5.6 billion Swiss francs ($5.57 billion) CET1 ratio: 12.8 percent Tidjane Thiam, chief executive officer of Credit Suisse, said the second quarter of 2018 “was a period of continued strong performance as we achieved…

  • AMD, Microsoft, Amazon and Alphabet won out on earnings

    AMD, Microsoft, Amazon and Alphabet won out on earnings

    [ad_1] Several standout companies are already taking their places as the “clear winners” of earnings season, CNBC’s Jim Cramer said on Monday as stocks stayed under pressure from technology-driven weakness. First on his winners’ list was semiconductor maker Advanced Micro Devices, which delivered a better-than-expected second-quarter earnings report on Thursday, July 26. Echoing his earlier…

  • Dow futures gain on Caterpillar earnings

    Dow futures gain on Caterpillar earnings

    [ad_1] (Reuters) – Dow futures got a slight boost on Monday after an encouraging report from Caterpillar, a bellwether for global economic activity, while S&P and Nasdaq futures remained under pressure from technology stocks. Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., July…

  • U.S. stock index futures dip ahead of big earnings week

    U.S. stock index futures dip ahead of big earnings week

    [ad_1] NEW YORK (Reuters) – U.S. stock index futures dipped late on Sunday ahead of a week when more than 140 S&P 500 companies, including Apple Inc (AAPL.O), will report earnings. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 24, 2018. REUTERS/Brendan McDermid At 9:07 p.m.,…

  • Alphabet vs Facebook Q1 earnings 

    Alphabet vs Facebook Q1 earnings 

    [ad_1] This week, the two companies that dominate internet advertising both reported earnings, and the contrast was sharp. Google’s parent company Alphabet reported blowout earnings on Monday. It showed strong growth in its core business while giving Wall Street renewed faith in several of its nearer-term businesses. Facebook’s disappointing earnings report Wednesday caused a massive…

  • Here’s what Wall Street analysts had to say about Amazon’s earnings

    Here’s what Wall Street analysts had to say about Amazon’s earnings

    [ad_1] “Second-quarter results beat our expectations almost across the board, with torrid growth in advertising, acceleration in Amazon Web Services to 49 percent year-over-year growth, significantly improving margins across North America and international retail businesses and new highs in Amazon Web Services operating margins, driven by operating efficiencies at Amazon Web Services, international retail, domestic…

  • Twitter earnings Q2 2018

    Twitter earnings Q2 2018

    [ad_1] Investors are looking at Twitter with a closer eye after Facebook experienced a downtick in European user numbers due to new data privacy regulations on the continent. Twitter is scheduled to report second-quarter earnings before the bell on Friday. Here’s what Wall Street is expecting: Estimated earnings per share: 17 cents, according to a…

  • Ten experts debate Amazon earnings and the tech giant’s race to $1 trillion

    Ten experts debate Amazon earnings and the tech giant’s race to $1 trillion

    [ad_1] Amazon reports second-quarter earnings after the bell Thursday, and its results could help it become the world’s first $1 trillion company. “Amazon is probably the most beloved of the FANG stocks,” RBC Capital Markets analyst Mark Mahaney told CNBC on Monday. “The revenue growth is accelerating and margins are expanding.” Analysts say Amazon is…

  • Amazon earnings skyrocket on cloud computing, advertising

    Amazon earnings skyrocket on cloud computing, advertising

    [ad_1] (Reuters) – Amazon.com Inc (AMZN.O) forecast strong fall sales and posted a profit that was double Wall Street targets on Thursday thanks to the retailer’s younger, higher-earning businesses, including cloud computing and advertising. Shares rose more than 3 percent in after-hours trade. The report may come as a relief to investors in the U.S.…

  • Amazon to report second-quarter earnings after the bell

    Amazon to report second-quarter earnings after the bell

    [ad_1] Amazon reported a huge beat on profits but a narrow miss on revenue for its second-quarter earnings on Thursday. Amazon stock is up roughly 3 percent in extended trading. Here are the most important numbers: EPS: $5.07 vs. $2.50, as estimated, according to Thomson Reuters Revenue: $52.9 billion vs. $53.41 billion, as estimated, according…

  • Intel earnings Q2 2018

    Intel earnings Q2 2018

    [ad_1] Intel stock fell by more than 6 percent on Thursday following the release of the company’s second-quarter earnings, which were better than expected. Here’s how the company did in the quarter: Earnings: $1.04 per share, excluding certain items, vs. 96 cents per share expected by analysts, according to Thomson Reuters. Revenue: $16.96 billion, vs.…

  • Auto retailer beats on earnings, thanks to higher used-car sales

    Auto retailer beats on earnings, thanks to higher used-car sales

    [ad_1] Group 1 Automotive‘s earnings rose to new records thanks to an increase in sales of used cars, Earl Hesterberg, the firm’s president and CEO, told CNBC on Thursday. Same-store used car sales in the U.S. were up 11 percent in the quarter. “That’s a number I’ve never seen before,” Hesterberg said on “Power Lunch.”…

  • AWS earnings Q2 2018

    AWS earnings Q2 2018

    [ad_1] Patrick T. Fallon | Bloomberg | Getty Images Andy Jassy, CEO of Amazon Web Services. Amazon on Thursday said that its cloud business grew nearly 48.9 percent in the second quarter, coming in above analysts’ expectations. The growth keeps Amazon’s cloud solidly ahead of its closest rivals, Microsoft and Google, as well as smaller…

  • World’s most crowded stocks FANG burns investors in Q2 earnings

    World’s most crowded stocks FANG burns investors in Q2 earnings

    [ad_1] Facebook‘s plunge comes after company executives spooked investors with warnings about decelerating revenue and ongoing privacy policy changes. “Facebook’s terrible results and guidance was the second of the Q2 FANG misses,” said Fred Hickey, editor of The High Tech Strategist. “Amazon needs to come through for the tech bulls tonight or there may be…

  • AMD stock rises on strong earnings

    AMD stock rises on strong earnings

    [ad_1] Advanced Micro Devices (AMD) is up approximately 6 percent following a strong earnings report. Immediately after the open, it reached above 8 percent. The Santa Clara, California-based company exceeded Wall Street’s expectations in both earnings and revenue: Earnings per share: $0.14 vs. $0.13 , forecast by Thompson Reuters. Revenue: $1.76 billion vs. $1.72 billion,…

  • Fortnite Topped Console Earnings in June but Trailed PUBG on PC: Report

    Fortnite Topped Console Earnings in June but Trailed PUBG on PC: Report

    [ad_1] Fortnite for PS4, Xbox One, and Nintendo Switch continues to rake in revenue, topping console earnings this June. According to a report from SuperData, Epic Games’ battle royale sensation continues to dominate the console charts. This is in sharp contrast to its fortunes on PC that has seen PlayerUnknown’s Battlegrounds (PUBG) take the lead…

  • Comcast earnings Q2 2018

    Comcast earnings Q2 2018

    [ad_1] Justin Sullivan | Getty Images Brian Roberts, CEO of Comcast Comcast reported mixed quarterly results Thursday, beating Wall Street estimates on earnings but falling short on revenue. Here’s how the company did compared with what Wall Street forecast: Earnings: 65 cents per share vs. 60 cents per share forecast by Thomson Reuters Revenue: $21.74…

  • Amazon earnings preview q2 2018

    Amazon earnings preview q2 2018

    [ad_1] Amazon is expected to show bigger profits when it reports second-quarter earnings on Thursday, backed by the continued growth of its higher-margin businesses, like cloud, advertising and third-party marketplace. Wall Street estimates Amazon to post second-quarter profit of $2.50 per share, or roughly $1.2 billion, up from the 40 cents per share reported a…

  • GrubHub surges after earnings report and LevelUp acquisition 

    GrubHub surges after earnings report and LevelUp acquisition 

    [ad_1] Shares of GrubHub soared more than 25 percent on Wednesday, following a strong second-quarter earnings report and the company’s announcement it would acquire mobile ordering and mobile payments platform LevelUp. The gains pushed GrubHub’s shares to an all-time high of $138.85 per share during regular trading. The online food ordering company beat on earnings…

  • Facebook earnings calls fallout

    Facebook earnings calls fallout

    [ad_1] Leah Millis | Reuters Facebook CEO Mark Zuckerberg is seen through reflective glass as he sits in the office of Senator Bill Nelson (D-FL) while he waits for a meeting in the Hart Senate Office Building in Washington, U.S., April 9, 2018. Facebook’s stock was already down around 8 percent after reporting second quarter…

  • Here’s what Facebook said on its earnings call that spooked investors

    Here’s what Facebook said on its earnings call that spooked investors

    [ad_1] Wehner also said the company expects margin compression, with operating margins trending toward “mid-30s on a percentage basis,” compared with second-quarter operating margins of 44 percent. That tightening is the result of broadening markets, investments in news products — such as the recent introduction of the company’s long-form video format, IGTV — and capital…

  • Qualcomm earnings Q3 2018

    Qualcomm earnings Q3 2018

    [ad_1] Qualcomm shares jumped in extended trading on Wednesday after the chipmaker reported better-than-expected quarterly results and said it plans to repurchase as much as $30 billion in stock. The buyback move — an upward revision from the $10 billion repurchase program announced in May — came as a result of Qualcomm saying it would…

  • PayPal earnings top estimates, but revenue outlook falls short

    PayPal earnings top estimates, but revenue outlook falls short

    [ad_1] PayPal reported second-quarter earnings that topped Wall Street estimates on Wednesday, but its third-quarter revenue outlook fell short. Here’s how the company did compared with what Wall Street expected: Earnings per share: 58 cents vs. 57 cents, forecast by Thomson Reuters Revenue: $3.86 billion vs. $3.81 billion, forecast by Thomson Reuters For the third-quarter,…

  • Ford earnings Q2 2018 

    Ford earnings Q2 2018 

    [ad_1] Ford is set to report second-quarter earnings after the markets close Wednesday. Here’s what Wall Street expects, based on analysts estimates compiled by Thomson Reuters: Earnings: 31 cents per share Revenue: $35.83 billion Analysts will be watching to see how the changes Jim Hackett has made in his first year as CEO are playing…

  • Facebook earnings Q2 2018

    Facebook earnings Q2 2018

    [ad_1] Facebook investors are waiting to see if data leaks and fake news scandals have impacted the platform’s user rates. The company is slated to report its second-quarter earnings after the bell on Wednesday. Here’s what the street expects: Estimated earnings per share: $1.72 per a Thomson Reuters consensus estimate Estimated revenue: $13.36 billion per…

  • iRobot jumps 20% after earnings beat

    iRobot jumps 20% after earnings beat

    [ad_1] Scott Eells | Bloomberg | Getty Images A vacuuming Roomba model robot is displayed at iRobot headquarters in Bedford, Massachusetts,   Roomba-maker iRobot soared after the company posted second-quarter earnings that easily topped Wall Street expectations on Tuesday. The stock surged 20 percent in after-hours trading. Here’s what the company reported compared to analyst estimates:…

  • AT&T to report earnings after the bell

    AT&T to report earnings after the bell

    [ad_1] Patrick T. Fallon | Bloomberg | Getty Images Randall Stephenson, CEO, AT&T AT&T is expected to report second quarter earnings and revenue after the bell on Tuesday. Here’s what Wall Street expects: Earnings: 85 cents per share, according to Thomson Reuters Revenue: $39.39 billion, according to Thomson Reuters This quarter marks the first financial…

  • earnings season remains in focus

    earnings season remains in focus

    [ad_1] The pan-European Stoxx 600 closed provisionally up 0.86 percent with almost every sector in the black. The benchmark reached a five-week intraday high. Basic resources led the gains on Tuesday, rallying 4.78 percent, with the sector on track for its best day since President Donald Trump’s election victory in November 2016. Meanwhile, autos stocks…

  • Here’s what Wall Street analysts had to say about Alphabet’s earnings

    Here’s what Wall Street analysts had to say about Alphabet’s earnings

    [ad_1] “Alphabet’s $85 billion annualized Websites business accelerated on an ex-FX basis to 24 percent year over year growth, driven by 44 percent year over year mobile search growth, 32 percent YouTube growth, and 12 percent desktop search growth. This speaks to Alphabet’s innovation, user/advertiser focus, and ability to build and monetize around its seven…

  • Earnings of Google parent Alphabet top Wall Street expectations

    Earnings of Google parent Alphabet top Wall Street expectations

    [ad_1] Shares in Google parent Alphabet jumped in after-hours trading Monday as the company’s second-quarter results exceeded Wall Street forecasts after taking into account a $5 billion US charge levied by European regulators. The company reported second-quarter profit of $3.2 billion US. When excluding the fine, earnings came to $11.75 US per share, which topped…

  • Alphabet Earnings Q2 2018

    Alphabet Earnings Q2 2018

    [ad_1] Google parent company Alphabet just reported its second quarter earnings and the stock popped after-hours on the results. Here are the most important numbers: — Earnings per share (adjusted): $11.75 vs $9.59 expected by a Thomson Reuters consensus estimate — Revenue: $32.66 billion vs $32.17 billion expected by a Thomson Reuters consensus estimate The…

  • Trade tariffs seen hurting Harley-Davidson’s earnings

    Trade tariffs seen hurting Harley-Davidson’s earnings

    [ad_1] CHICAGO (Reuters) – Harley-Davidson Inc (HOG.N) will give investors on Tuesday a fresh look at the impact of trade conflicts and a strong dollar on its profits, and analysts are bracing for bad news and more cost-cutting. FILE PHOTO: A U.S. flag is pictured in front of Harley-Davidson bikes at the “Hamburg Harley Days”…

  • Google Alphabet earnings could propel stock closer to $1 trillion

    Google Alphabet earnings could propel stock closer to $1 trillion

    [ad_1] Alphabet, Apple and Amazon are all creeping closer to becoming the world’s first $1 trillion company in what appears to be the priciest horse race of all time. Some chart-minded traders think that of the bunch, Alphabet stands the biggest chance of getting there first. Alphabet, Google’s parent company, which is scheduled to report…

  • Goldman says trade war would lower US company earnings by 15%

    Goldman says trade war would lower US company earnings by 15%

    [ad_1] The acceleration of U.S. trade actions poses a risk to S&P 500 earnings through falling export revenues and rising input costs for American companies, according to Goldman Sachs. A 10 percent tariff on all imports from China would lower Goldman’s 2019 S&P 500 earnings per share estimate by 3 percent, Goldman Sachs chief U.S.…

  • Amid earnings, regulation, which will be last standing?

    Amid earnings, regulation, which will be last standing?

    [ad_1] Tech regulation was back in the spotlight last week after European Union regulators fined Google a record 4.34 billion euro (about $5 billion) for breaching the bloc’s antitrust rules. According to EU officials, Google abused the popularity of its Android operating system by making phone manufacturers pre-install Google apps, such as Chrome and Search.…

  • Wall Street slips as trade worries dampen upbeat earnings

    Wall Street slips as trade worries dampen upbeat earnings

    [ad_1] NEW YORK (Reuters) – U.S. stocks ended slightly lower on Friday as escalating trade anxieties driven by U.S. President Donald Trump’s latest tariff threats against China offset a string of robust earnings led by Microsoft. The Dow Jones Industrial Average posted its third consecutive weekly gain, while the S&P 500 also rose for a…

  • U.S. stocks largely flat as trade fears offset strong Microsoft earnings

    U.S. stocks largely flat as trade fears offset strong Microsoft earnings

    [ad_1] NEW YORK (Reuters) – U.S. stocks were largely unchanged on Friday as escalating trade anxieties driven by U.S. President Donald Trump’s latest tariff threats against China offset a string of robust earnings led by Microsoft Corp (MSFT.O). FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York,…

  • More than $2 trillion in market cap earnings Amazon Facebook Alphabet

    More than $2 trillion in market cap earnings Amazon Facebook Alphabet

    [ad_1] The barrage of big tech earnings reports due out next week may overwhelm investors. After all, Alphabet, Facebook and Amazon have a combined market cap of $2.27 trillion, and these stocks could see meaningful drops if they fail to impress Wall Street. The options market, however, seems to be telling shareholders, “not to worry.”…

  • American Express earnings Q2 2018

    American Express earnings Q2 2018

    [ad_1] American Express tumbled after the company reported revenue that fell short of expectations on Wednesday. The stock fell more than 3 percent in after-hours trade. Here’s how the company did compared with what Wall Street expected: Earnings: $1.84 per share vs. $1.82 per share, forecast by Thomson Reuters Revenue: $10.00 billion vs. $10.05 billion,…

  • U.S. stocks fall on sour earnings, trade fears

    U.S. stocks fall on sour earnings, trade fears

    [ad_1] NEW YORK (Reuters) – U.S. stocks dropped on Thursday after earnings disappointed and trade jitters escalated over worries that the European Union could slap retaliatory tariffs on goods imported from the United States. Officials from the EU Trade Commission, due in Washington next week for trade talks, are said to be preparing a list…

  • Microsoft earnings Q4 2018

    Microsoft earnings Q4 2018

    [ad_1] Microsoft will report earnings for the fourth quarter of its 2018 fiscal year, which ended on June 30, after the bell on Thursday. The company will hold a conference call with analysts at 5:30 p.m. Eastern time. Here’s what analysts are expecting: Earnings: $1.08 per share, excluding certain items, according to Thomson Reuters. Revenue:…

  • Asian shares struggle as trade worries offset gains from Wall Street earnings

    Asian shares struggle as trade worries offset gains from Wall Street earnings

    [ad_1] TOKYO (Reuters) – Asian shares on Thursday struggled to hold earlier gains made after upbeat Wall Street earnings, as trade war jitters rattled China’s stock and currency markets, with the yuan hitting fresh one-year lows. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, March 23, 2018.…

  • Asian shares rise on U.S. earnings but trade worries rattle yuan

    Asian shares rise on U.S. earnings but trade worries rattle yuan

    [ad_1] TOKYO (Reuters) – Asian shares extended early gains on Thursday as upbeat Wall Street earnings buoyed global investor sentiment, although trade war jitters pushed China’s yuan to fresh one-year lows in both the onshore and offshore markets. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, March…

  • Asian shares higher on U.S. earnings but trade worries rattle offshore yuan

    Asian shares higher on U.S. earnings but trade worries rattle offshore yuan

    [ad_1] TOKYO (Reuters) – Asian shares made early gains on Thursday as upbeat Wall Street earnings supported global investor sentiment, although trade war jitters pushed China’s offshore yuan to a fresh one-year low. People walk past an electronic board showing Japan’s Nikkei average outside a brokerage in Tokyo, Japan, March 23, 2018. REUTERS/Toru Hanai/File Photo…

  • Morgan Stanley earnings Q2 2018

    Morgan Stanley earnings Q2 2018

    [ad_1] Morgan Stanley crushed profit expectations on trading and investment banking results that exceeded analysts’ expectations. The New York-based company said profit surged 39 percent to $2.44 billion in the second quarter from a year earlier, exceeding the $2 billion estimate of analysts surveyed by Thomson Reuters. Earnings per share of $1.30 surpassed the $1.11…

  • IBM earnings Q2 2018

    IBM earnings Q2 2018

    [ad_1] Andrew Harrer | Bloomberg | Getty Images Ginni Rometty, chief executive officer of International Business Machines Corp. IBM will report second-quarter earnings after the bell on Wednesday. The company will hold a press conference with analysts at 5 p.m. Eastern time. Here’s what analysts are expecting: Earnings: $3.04 per share, excluding certain items, according…

  • Wall St. climbs on Powell comments, earnings

    Wall St. climbs on Powell comments, earnings

    [ad_1] NEW YORK (Reuters) – Wall Street stocks rose on Tuesday, with the Dow Jones Industrial Average posting its fourth consecutive session of gains after Federal Reserve Chairman Jerome Powell expressed an optimistic U.S. economic view and solid earnings bolstered the outlook for a robust reporting period. In written statement Powell signaled that an era…

  • Goldman Sachs earnings Q2 2018

    Goldman Sachs earnings Q2 2018

    [ad_1] Goldman Sachs said profit surged 40 percent to $2.57 billion in the second quarter, exceeding analysts’ estimates on better-than-expected revenue from every major business with the exception of trading. The stock slipped as the company said legal and regulatory costs increased. Earnings of $5.98 per share beat the $4.66 estimate of analysts surveyed by…

  • How Netflix’s stock managed to taper its drop after earnings

    How Netflix’s stock managed to taper its drop after earnings

    [ad_1] When the stock of Netflix rebounded on Tuesday, driving the Nasdaq to a 52-week high, CNBC’s Jim Cramer knew he had to explain Netflix’s rally, especially after the company failed to appease investors with its second-quarter earnings report. “Of course the stock was laid to waste,” the “Mad Money” host said. “The mystery here…

  • blackrock earnings q2 2018

    blackrock earnings q2 2018

    [ad_1] BlackRock, the largest asset manager in the world, on Monday reported second-quarter earnings and revenue that surpassed analyst expectations. The company also reported, however, a slowdown in inflows amid increasing market uncertainty. Here is how the company’s results fared compared with Wall Street estimates: Earnings: Adjusted $6.66 per share, vs $6.55 expected by Thomson…

  • Buckingham downgrades Netflix before earnings

    Buckingham downgrades Netflix before earnings

    [ad_1] Netflix shares got a rare Wall Street downgrade from Buckingham Research Group on the day the online television and firm streaming provider is set to report second-quarter earnings. Buckingham downgraded the stock to underperform from neutral and lowered its price target to $301 from $333. The new target implies a 16 percent drop from…

  • Bank of America shares rise after earnings, revenue top expectations

    Bank of America shares rise after earnings, revenue top expectations

    [ad_1] The Bank of America cost-cutting machine hummed along for another quarter. The second-biggest U.S. lender said that second-quarter profit surged 33 percent to $6.8 billion, exceeding the $5.92 billion estimate of analysts surveyed by FactSet. Executives said it was the 14th straight quarter the company posted positive operating leverage, or increased profit by turning…

  • Netflix Q2 2018 earnings 

    Netflix Q2 2018 earnings 

    [ad_1] Netflix is slated to report second quarter earnings after the market closes on Monday. Here’s what Wall Street expects: Estimated earnings per share (EPS): 79 cents per a Thompson Reuters consensus estimate. Estimated revenue: $3.94 billion Estimated subscriber additions: 5.11 million subscribers internationally and 1.23 million subscribers domestically, per FactSet and Street Account If…

  • Three red flags for Netflix ahead of its earnings report 

    Three red flags for Netflix ahead of its earnings report 

    [ad_1] Netflix is scheduled to report earnings after the bell on Monday, but as much as the stock has surged this year, technician Craig Johnson of Piper Jaffray is warning investors against the streaming giant ahead of the event. “There’s a 9 percent implied volatility move coming into the quarter here,” he said Friday on…

  • Some analysts cautious about Netflix ahead of earnings

    Some analysts cautious about Netflix ahead of earnings

    [ad_1] Patrick T. Fallon | Bloomberg | Getty Images Reed Hastings, chief executive officer of Netflix It may be a bumpy road for Netflix as the streaming giant prepares to report its latest quarterly earnings. Netflix is scheduled to report its Q2 earnings after the bell on Monday. It is expected to post earnings per…

  • Dick Bove on US bank earnings, stock prices

    Dick Bove on US bank earnings, stock prices

    [ad_1] Bank stocks in the U.S. have been underperforming the broader markets this year — that’s set to continue unless those lenders start building up their capital again, said Dick Bove, Hilton Capital Management’s widely followed chief strategist. The veteran bank analyst made those comments after three major American banks kicked off the sector’s earnings…

  • JPMorgan Chase earnings Q2 2018

    JPMorgan Chase earnings Q2 2018

    [ad_1] J.P. Morgan Chase, the biggest U.S. lender by assets, posted record second-quarter profit of $8.32 billion, exceeding estimates as it posted stronger-than-expected trading results. Profit surged 18 percent, clobbering analyst estimates for a 9.4 percent increase. Earnings per share were $2.29 in the quarter, beating the $2.22 estimate. It was the 14th straight quarter…

  • Citigroup earnings Q2 2018

    Citigroup earnings Q2 2018

    [ad_1] Still, CEO Michael Corbat said in a statement that Citigroup “drove strong year-over-year revenue growth in many of our businesses – including our International Consumer franchise, Treasury and Trade Solutions, Equities, and the Private Bank. And we continue to support our clients as evidenced by solid loan growth that was balanced across businesses and…

  • Wells Fargo earnings Q2 2018

    Wells Fargo earnings Q2 2018

    [ad_1] The bank has been under pressure for several quarters because of multiple probes into its sales practices. Two years ago, the scandal burst into the public eye when it was disclosed that retail bank employees had created fake accounts in customers’ names to meet sales targets. Sales issues later emerged in other businesses, such…

  • PNC shares gain after higher commercial lending leads to better-than-expected earnings report

    PNC shares gain after higher commercial lending leads to better-than-expected earnings report

    [ad_1] Shares of PNC Financial Services ended trading Friday up 0.2 percent after beating estimates in its second-quarter earnings report. The regional bank reported earnings of $2.72 per share, beating estimates from analysts surveyed by Thomson Reuters by 14 cents. PNC also posted better-than-expected revenue, bringing $4.32 billion, compared to $4.25 billion expected. PNC showed…

  • Trade data lifts U.S. dollar; stocks flat on mixed earnings

    Trade data lifts U.S. dollar; stocks flat on mixed earnings

    [ad_1] NEW YORK (Reuters) – The safe-haven U.S. dollar touched to a two-week high on Friday after data showed a record Chinese trade surplus, while Wall Street stocks were little changed on mixed bank earnings and gains in industrials. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S.,…

  • Netflix faces major risk heading into earnings, money manager says

    Netflix faces major risk heading into earnings, money manager says

    [ad_1] Netflix bulls have been rewarded this year, to say the least. With the stock’s more than 110 percent gain so far in 2018 and what some Wall Street analysts see as an unchallenged perch in the streaming space, Netflix is far outpacing the market and many of its peers in media. But risks surround…

  • The S&P 500 should pass 2,800 after tomorrow’s earnings: Investor

    The S&P 500 should pass 2,800 after tomorrow’s earnings: Investor

    [ad_1] After financials report Friday, the S&P 500 is likely to pass the 2,800 mark, investor Steve Grasso told CNBC. “Prior to tomorrow’s opening, when you get these companies that should perform pretty well, you should see the market overtake that 2,800 level,” Grasso, director of institutional sales at Stuart Frankel, said Thursday on “Closing…

  • corporations’ private doubts on earnings will fuel a record year in mergers

    corporations’ private doubts on earnings will fuel a record year in mergers

    [ad_1] “They trade at a stock price multiple with high shareholder expectations to deliver extraordinary growth,” he said. “And when they look internally at their own business plans, they have doubts on delivering what their stock multiple is implying.” That hunger for growth will continue to drive a record year in mergers, the 30-year J.P.…

  • Earnings will turn the market positive even after tariffs: Analyst

    Earnings will turn the market positive even after tariffs: Analyst

    [ad_1] President Donald Trump‘s latest tariff plans sent the market into negative territory on Wednesday. But Tony Dwyer, chief market strategist at Canaccord Genuity, told CNBC that investors shouldn’t worry about trade tensions or tariffs. “The market moves with the direction of earnings,” Dwyer said Wednesday on “Fast Money.” “As long as the economy is…

  • Tech and banks expected to post big numbers this earnings season

    Tech and banks expected to post big numbers this earnings season

    [ad_1] The latest earnings season is under way and technology and bank companies are expected to report strong quarterly results, according to strategists at Credit Suisse. Excluding tax benefits, second-quarter earnings for companies in the S&P 500 technology sector are forecast to have risen by 19.9 percent, the bank found. Profits in financials, meanwhile, are…

  • Stock futures higher as focus shifts to earnings

    Stock futures higher as focus shifts to earnings

    [ad_1] (Reuters) – U.S. stock index futures rose on Tuesday, as focus turned to the U.S. corporate earnings season that kicks off this week, while worries of a trade dispute took a back seat in the wake of encouraging economic data. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE)…

  • U.S. earnings hopes and trade war lull keep world shares near three-week high

    U.S. earnings hopes and trade war lull keep world shares near three-week high

    [ad_1] LONDON (Reuters) – World shares hovered near three-week highs on Tuesday, supported by optimism about U.S. company earnings and expectations that global economic growth can withstand trade tensions, although political bickering kept British markets on the backfoot. The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, March…

  • Ocado deals overshadow earnings dip | City & Business | Finance

    Ocado deals overshadow earnings dip | City & Business | Finance

    [ad_1] The group was catapulted into the FTSE 100 for the first time last month after seeing its share price rocket more than 260 per cent over the past year following a string of deals – most recently signing up US giant Kroger in May. It has struck similar agreements in Europe and beyond, and…

  • Energy, technology may beat expectations as earnings season kicks off

    Energy, technology may beat expectations as earnings season kicks off

    [ad_1] Bullish Wall Street watcher Bill Stone sees a strong earnings season ahead, with energy and technology stocks grabbing the biggest profits. In a recent interview, PNC’s former global chief investment strategist cited strong economic fundamentals as a major catalyst for blowout numbers. “From an earnings standpoint, energy probably will grow earnings about 130 percent,…

  • Red Hat CEO addresses stock’s 14% decline after Q1 earnings report

    Red Hat CEO addresses stock’s 14% decline after Q1 earnings report

    [ad_1] Red Hat’s stock may have just had its worst trading day since 2006 after the company’s earnings guidance underwhelmed Wall Street, but that won’t matter in the longer term, CEO Jim Whitehurst told CNBC on Friday. “If I could change anything” about the post-earnings conference call, “I would encourage investors to look long-term,” Whitehurst,…

  • Tesla’s Musk uses seventh-grader language on earnings calls

    Tesla’s Musk uses seventh-grader language on earnings calls

    [ad_1] David Paul Morris | Bloomberg | Getty Images Elon Musk, chairman and chief executive officer of Tesla Motors The language employed by Tesla’s Elon Musk when speaking on earnings calls is at the level of a 12-year-old, according to a report from CB Insights. Stretching back to 2011, the research firm has carried out…

  • Red Hat earnings Q1 2019

    Red Hat earnings Q1 2019

    [ad_1] Red Hat stock fell by more than 10 percent on Thursday after the company reported better-than-expected earnings for the first quarter of its 2019 fiscal year but lower-than-expected guidance. Here’s how the company performed: Earnings: Excluding certain items, 72 cents per share, vs. 69 cents per share as expected by analysts, according to Thomson…

  • Oracle earnings Q4 2018

    Oracle earnings Q4 2018

    [ad_1] Oracle reported better-than-expected earnings for its fiscal fourth quarter after customers spent more money on cloud services. The stock rose slightly in extended trading after falling 0.5 percent to $46.27 at the close. The company will hold a conference call with analysts at 5 p.m. Eastern time to discuss the results. Here are the…

  • Buy Micron into earnings due to cloud computing spending

    Buy Micron into earnings due to cloud computing spending

    [ad_1] J.P. Morgan believes Micron shares can go higher even after its stunning rally. The firm reiterated its overweight rating for the chipmaker’s shares, citing strong demand for memory chips in the cloud computing market. “Stay long Micron heading into earnings. We see further upside in Micron shares as the team is executing well in…

  • Adobe earnings Q2 2018

    Adobe earnings Q2 2018

    [ad_1] Adobe stock fell as much as 5 percent on Thursday after the company reported better-than-expected earnings for the second quarter of its 2018 fiscal year, which ended on June 1. Here’s how the company performed: Earnings: Excluding certain items, $1.66 in earnings per share vs. $1.54 in earnings per share as expected by analysts,…

  • Quarterly earnings estimates by companies should be illegal

    Quarterly earnings estimates by companies should be illegal

    [ad_1] Noted value investor Bob Olstein is 100 percent behind the call by Warren Buffett and Jamie Dimon to end quarterly earnings guidance by companies. “They should make it illegal to make specific quarterly earnings estimates. It leads to nothing that is good. They manipulate earnings to reach it. They take their eye off the…

  • DocuSign earnings Q1 2019

    DocuSign earnings Q1 2019

    [ad_1] Electronic signature company DocuSign saw its stock jump as much as 10 percent on Thursday after it reported strong results in its first earnings statement as a public company. Here’s how the company did: Earnings: Excluding certain items, 1 cent per share, vs. loss of 7 cents per share as expected by analysts, according…

  • Stitch Fix earnings Q3 2018

    Stitch Fix earnings Q3 2018

    [ad_1] Source: Nasdaq Katrina Lake, CEO of Stitch Fix and others, celebrate their IPO at the Nasdaq, November 17, 2017. Stitch Fix soared after the company reported strong earnings and user growth on Thursday. Here’s how the company did compared to what Wall Street expected: Earnings: 9 cents vs. 3 cents forecast by Thomson Reuters…

  • Forecasting quarterly earnings isn’t the issue, it’s CEOs

    Forecasting quarterly earnings isn’t the issue, it’s CEOs

    [ad_1] Warren Buffett and Jamie Dimon want companies to get away from a short-term approach to management and are therefore suggesting they ditch quarterly financial forecasts. But quarterly guidance — which only 28 percent of companies offered in 2016 — is only part of the problem. The bigger problem for boards and CEOs is a…

  • Zscaler (ZS) stock soars after Q3 earnings

    Zscaler (ZS) stock soars after Q3 earnings

    [ad_1] Cloud security firm Zscaler soared as much as 37 percent Thursday, a day after reporting that its billings surged in the company’s third quarter ended April 30. Shares traded as high as $42.16 on Thursday, up from Wednesday’s close of $30.65, before falling to roughly $38.00 by mid-morning. The company reported revenue growth of…

  • Zuora up 20 percent on first earnings report after IPO

    Zuora up 20 percent on first earnings report after IPO

    [ad_1] Zuora shares surged more than 20 percent on Friday after the cloud software company reported better-than-expected results in its first earnings report since going public. The stock jumped $4.69 to $26.87 as of mid-day, giving the company a market capitalization of $2.8 billion. The shares have almost doubled in value since Zuora’s IPO in…

  • Box earnings Q1 2019

    Box earnings Q1 2019

    [ad_1] Box investors came into Wednesday’s quarterly report with high expectations after the stock’s 32 percent rally this year. Even though the company’s fiscal first-quarter results topped estimates, the shares dropped in extended trading. Box will hold a conference call with analysts at 5 p.m. Eastern time. Here are the key numbers from the report:…

  • Salesforce earnings Q1 2019

    Salesforce earnings Q1 2019

    [ad_1] Salesforce stock rose 4 percent on Tuesday after the company delivered better-than-expected results for the first quarter of its 2019 fiscal year. Earnings: Excluding certain items, 74 cents per share. Revenue: $3.01 billion vs. $2.95 billion as expected by analysts, according to Thomson Reuters. In terms of guidance, Salesforce said in a statement that…

  • Salesforce CEO Marc Benioff touts earnings, says economy is ‘ripping’

    Salesforce CEO Marc Benioff touts earnings, says economy is ‘ripping’

    [ad_1] Excluding certain items, the company reported 74 cents per share. Revenue came in at $3.01 billion versus the $2.95 billion expected by analysts. Salesforce is also raising its guidance to $13.125 billion for this year, up from $10.5 billion last year, Benioff explained. He’s also bullish about his long-term goals. Benioff said it is…

  • Foot Locker shares are jumping 15% after a blowout earnings report

    Foot Locker shares are jumping 15% after a blowout earnings report

    [ad_1] Patrick T. Fallon | Bloomberg | Getty Images Shoppers and pedestrians pass in front of a Foot Locker store on the Third Street Promenade in Santa Monica, California. Shares of shoe retailer Foot Locker surged Friday after the company reported earnings well ahead of Wall Street expectations. The stock rallied more than 15 percent…

  • Nutanix earnings Q3 2018

    Nutanix earnings Q3 2018

    [ad_1] Data center infrastructure company Nutanix dropped about 5 percent in extended trading on Thursday after losing more money in the fiscal third quarter than analysts expected. While revenue beat estimates, Nutanix also gave a forecast for the current quarter that disappointed investors. Earnings: Loss of 21 cents per share, excluding certain items, vs. loss…

  • RBC’s Q2 earnings beat market expectations with 9% profit bump

    RBC’s Q2 earnings beat market expectations with 9% profit bump

    [ad_1] Royal Bank of Canada’s second-quarter profit surpassed market expectations with a more than nine per cent jump compared with a year ago, on strong results across its divisions and on both sides of the border. Canada’s biggest lender by market value reported net income attributable to common shareholders of $2.98 billion or $2.06 per…

  • HPE stock falls after strong Q2 2018 earnings

    HPE stock falls after strong Q2 2018 earnings

    [ad_1] Shares of Hewlett Packard Enterprise plunged more than 10 percent on Wednesday, after CEO Antonio Neri prepared investors for a more “challenging second half” of the year, overshadowing the company’s better-than-expected earnings report. Neri was hardly downbeat in offering up his forecast, which met analysts’ expectations. “We expect the growth rate to moderate,” he…

  • Walmart beats on earnings and revenues as US e-commerce push pays off

    Walmart beats on earnings and revenues as US e-commerce push pays off

    [ad_1] Walmart on Thursday reported fiscal first-quarter earnings that beat expectations on the top and bottom lines, as its e-commerce business rebounded. After a disappointing e-commerce performance last quarter, Walmart said U.S. online sales grew 33 percent. The rise implied its investment, namely in online grocery and its website design, is paying off. Here’s how…

  • Cisco earnings Q3 2018

    Cisco earnings Q3 2018

    [ad_1] Cisco stock fell more than 4 percent in after-market trading on Wednesday after the company reported better-than-expected earnings for its fiscal third quarter, which ended on April 28. The company will hold a conference call with analysts at 4:30 p.m. Eastern time. Earnings: 66 cents per share, excluding certain items, vs. 65 cents per…

  • German lender Commerzbank rallies after first-quarter earnings beat

    German lender Commerzbank rallies after first-quarter earnings beat

    [ad_1] Shares of Germany’s second-largest lender Commerzbank rallied Tuesday after its first-quarter profits beat forecasts. The bank also said it aims to resume its dividend payouts for this year. Commerzbank’s Chief Financial Officer (CFO) Stephan Engels told CNBC’s Annette Weisbach in Frankfurt Tuesday that the company’s plan to win business from smaller rivals was paying…

  • Dropbox earnings Q1 2018

    Dropbox earnings Q1 2018

    [ad_1] Dropbox stock fluctuated and then gradually fell after it reported better-than-expected first quarter results in its first earnings report as a public company on Thursday. Earnings: Excluding certain items, 8 cents per share vs. 5 cents per share as expected by analysts, according to Thomson Reuters. Revenue: $316.3 million vs. $309.2 million as expected…

  • Roku (ROKU) set to open higher after earnings

    Roku (ROKU) set to open higher after earnings

    [ad_1] Roku is set to open roughly 6 percent higher the day after an earnings beat revealed strong ad revenue. Shares were trading above $38 premarket Thursday, on pace for the streaming company’s highest open in nearly two months. The company lost less money in the first quarter than Wall Street expected, and posted higher…

  • Twenty-First Century Fox revenue beats as cable sees highest earnings ever

    Twenty-First Century Fox revenue beats as cable sees highest earnings ever

    [ad_1] (Reuters) – Twenty-First Century Fox Inc’s (FOXA.O), the media and entertainment company controlled by Rupert Murdoch, reported quarterly revenue that beat analysts’ estimate on Wednesday, as higher fees from cable and satellite distributors drove cable business earnings to a record high. FILE PHOTO: The Twenty-First Century Fox Studios flag flies over the company building…

  • Here’s what Wall Street thought about Disney’s big earnings win

    Here’s what Wall Street thought about Disney’s big earnings win

    [ad_1] Many analysts characterized the strong box-office results as a budding opportunity for the company, while others said the media and entertainment giant “fired on all cylinders.” Disney posted fiscal second-quarter earnings per share of $1.84 adjusted (versus $1.70 expected) and revenue of $14.55 billion (versus $14.11 billion expected). Here’s what Wall Street’s analysts wrote…

  • Roku shares spike ahead of earnings

    Roku shares spike ahead of earnings

    [ad_1] Shares of Roku popped Wednesday, ahead of the company’s first-quarter financial report after the bell. The stock price was up 9.2 percent to $36.16 a share in midday trading. Analysts polled by Thomson Reuters expect Roku to have a loss of 15 cents per share in the first quarter on revenue of $127.6 million.…

  • Disney earnings Q2 2018

    Disney earnings Q2 2018

    [ad_1] The Walt Disney Company on Tuesday said that the success of Marvel’s “Black Panther” helped drive 21 percent year-over-year revenue growth for its studio entertainment business. Disney’s studios saw $2.45 billion in revenue for the quarter. That figure bested Wall Street expectations for $2.19 billion in revenue, according to a StreetAccount consensus estimate. In…

  • Parks, ‘Black Panther’ propel Disney earnings past TV decline

    Parks, ‘Black Panther’ propel Disney earnings past TV decline

    [ad_1] (Reuters) – Walt Disney Co’s (DIS.N) quarterly profit topped Wall Street forecasts on Tuesday as higher returns from its theme parks and film studio offset ongoing pressure on the television business from digital competition. Shares of the media conglomerate, which is in the process of buying film and TV assets from Twenty-First Century Fox…

  • WestJet shares tumble after earnings miss

    WestJet shares tumble after earnings miss

    [ad_1] Shares of WestJet Airlines Ltd. fell Tuesday after the company reported first-quarter earnings that failed to meet the expectations of analysts. In early trading on the Toronto Stock Exchange, shares of the airline were down $2.18, or just under 10 per cent, at $19.92. WestJet said its profit for the quarter  fell compared with a year…

  • Spotify delivered on earnings and investors still sold

    Spotify delivered on earnings and investors still sold

    [ad_1] As shares of Estee Lauder Companies slid on Monday amid widespread weakness in the consumer packaged goods stocks, Cramer came out in defense of the decades-old beauty giant. “The truth is Estee Lauder’s miles ahead of its peers and the stock deserves to be a lot higher,” Cramer said. “Bizarrely, this stock’s been getting…

  • Apple Earnings Show Growing Immunity to Smartphone Malaise

    Apple Earnings Show Growing Immunity to Smartphone Malaise

    [ad_1] Apple’s results confirmed that, while the days of double-digit smartphone industry growth are over, Chief Executive Officer Tim Cook has a plan to withstand the slowdown. The shares gained after the company reported iPhone sales in line with analysts’ expectations, gave a bullish revenue forecast and highlighted a surging services business. A new $100…

  • HSBC reports 2018 first quarter earnings

    HSBC reports 2018 first quarter earnings

    [ad_1] HSBC, Europe’s largest banks by assets, on Friday reported a 4 percent fall in profit before tax in the first quarter of 2018 as operating costs rose. The bank’s pre-tax profit for the first three months of the year fell to $4.755 billion from the $4.961 billion a year ago. At the same time,…

  • AIG posts worse-than-expected earnings, cites losses from disasters

    AIG posts worse-than-expected earnings, cites losses from disasters

    [ad_1] American International Group shares sank more than 9 percent Thursday after the insurance giant posted a disappointing 30 percent decline in adjusted income. AIG is trying to turn around its main business, selling property and casualty insurance to corporations, but California mudslides, major winter storms and other natural disasters cost the insurer $376 million.…

  • Activision Blizzard shares take wild ride after early earnings release

    Activision Blizzard shares take wild ride after early earnings release

    [ad_1] An Activision spokesperson said Dow Jones released the information early. The news wire confirmed to CNBC it did “inadvertently” break an embargo on the figures, one of which was from a prior year. “We want to start the call talking about an extraordinary error by WSJ today, causing volatility,” Amrita Ahuja, senior vice president…

  • Wall Street mixed as weak earnings offset strong economic data

    Wall Street mixed as weak earnings offset strong economic data

    [ad_1] NEW YORK (Reuters) – U.S. stocks were mixed on Thursday, seesawing between positive and negative territory during the session as strong economic data offset disappointing earnings reports from several companies. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 2, 2018. REUTERS/Brendan McDermid A sharp drop…

  • Elon Musk talks about future of car industry on Tesla earnings call

    Elon Musk talks about future of car industry on Tesla earnings call

    [ad_1] “This is like the obvious thing that’s going to happen,” the Tesla CEO says. For all this to come to fruition, cars need to have “full autonomy, level four or five, whatever you want to call it,” says Musk on the call. A level four vehicle is “capable of performing all driving functions under…

  • Tesla (TSLA) opens down day after controversial earnings call

    Tesla (TSLA) opens down day after controversial earnings call

    [ad_1] Tesla opened 7 percent down Thursday, a day after an earnings beat and bizarre call with analysts. Shares started trading at $278.79 after closing Wednesday just above $301. The company posted a narrower-than-expected loss and continued to burn through cash — but investors seem to weather all of that just fine. The stock ticked…

  • What Wall Street thinks of Tesla’s quarterly results, earnings call

    What Wall Street thinks of Tesla’s quarterly results, earnings call

    [ad_1] “Tesla’s Q1 earnings call was a unique experience, to say the least. For those who missed it – halfway through the call, CEO Elon Musk abruptly declared that our questions were ‘boring’ and ‘not cool,’ and pivoted to a 20-minute back-and-forth with a retail investor from YouTube. Beneath the bizarre theatrics, however, we see…

  • Spotify earnings Q1 2018

    Spotify earnings Q1 2018

    [ad_1] Some of the numbers weren’t a big surprise, given the company’s financial forecast in March, when the company said it expects to hit as many as 96 million subscribers this year. Spotify maintained its outlook for the year on Wednesday, saying it plans to lose up to 330 million euros this year (about $397…

  • Tesla Q1 2018 earnings

    Tesla Q1 2018 earnings

    [ad_1] Tesla posted a narrower-than-expected loss on Wednesday as the electric car maker spent heavily to make gains in Model 3 production in April. While Tesla continued to burn through cash at a much more rapid pace than the previous quarter to hit its production goals, its burn rate was slower than analysts had expected.…

  • Tesla stock drops as Elon Musk gives bizarre earnings call

    Tesla stock drops as Elon Musk gives bizarre earnings call

    [ad_1] Diego Donamaria | Getty Images Elon Musk speaks onstage at Elon Musk Answers Your Questions! during SXSW at ACL Live on March 11, 2018 in Austin, Texas. Shares in Tesla took a nosedive in after-hours trading today as Elon Musk cut off analysts during a first-quarter earnings call, dismissing a question from Bernstein senior…

  • Square earnings q1 2018 and q2 forecast

    Square earnings q1 2018 and q2 forecast

    [ad_1] The payments company said it will continue to reinvest in its business, focusing on revenue growth over profit expansion. “Given the significant market opportunity ahead of us, we will continue to reinvest in our business to drive future growth,” it said in a statement. Gross payment volume grew 31 percent to $17.8 billion for…

  • Snap’s earnings call was like a ‘Saturday Night Live’ parody

    Snap’s earnings call was like a ‘Saturday Night Live’ parody

    [ad_1] CNBC’s Jim Cramer was unimpressed by the performance of Snap‘s leaders on the company’s post-earnings (er, post-loss) call with analysts on Tuesday night. “I thought this was a ‘Saturday Night Live’ parody of a conference call,” Cramer said Wednesday morning. “I just didn’t think it had anything like a real conference call.” Cramer said…

  • Apple earnings Q2 2018

    Apple earnings Q2 2018

    [ad_1] While Apple’s iPhone shares were slightly softer than expected, the company managed to make more money than forecast with its services business, and offered Wall Street a generous $100 billion capital return program. The after-hours stock rally showed Wall Street’s relief, after a gloom-and-doom outlook going into the earnings report. Apple has often faced…

  • Tim Cook CNBC interview: Q2 2018 earnings

    Tim Cook CNBC interview: Q2 2018 earnings

    [ad_1] CNBC’s Josh Lipton and Jim Cramer spoke to Apple CEO Tim Cook about March quarter earnings, where Cook tried to dispel negative sentiment about iPhone sales. In particular, he dismissed the idea that a longer upgrade cycle would hurt Apple: “The important thing from my point of view is the iPhone active install base…

  • Cramer reflects on Apple earnings after speaking with CEO Tim Cook

    Cramer reflects on Apple earnings after speaking with CEO Tim Cook

    [ad_1] Apple’s second-quarter earnings beat on Tuesday illustrated just how differently this company’s stock behaves compared with the rest of the market, CNBC’s Jim Cramer said. “The bane of this market is not tariffs or interest rates or inflation; no, the real killer is great expectations,” the “Mad Money” host said on Tuesday. “Apple is…

  • Apple earnings: Software and Services revenue

    Apple earnings: Software and Services revenue

    [ad_1] Apple is closing in on its goal to double software and services revenue by 2020, posting a 31 percent jump for the segment in the March quarter. Apple reported quarterly earnings on Tuesday, including results from its services division, a catch-all category which includes the App Store, Apple Care, Apple Pay, iTunes, cloud services…

  • Snap Q1 2018 earnings and revenue

    Snap Q1 2018 earnings and revenue

    [ad_1] Snap investors are eager to find out if Snapchat’s controversial redesigns have helped or hindered business. The company is expected to report its latest quarterly earnings Tuesday after the bell. Estimated loss per share: 17 cents, adjusted, according to Thomson Reuters consensus estimate Estimated revenue: $244.5 million, according to a Thomson Reuters consensus estimate…

  • Here’s how Apple’s stock usually behaves after earnings

    Here’s how Apple’s stock usually behaves after earnings

    [ad_1] When Apple gaps higher immediately after its earnings report in the after hours, the next day it typically gives back some of that gain, declining by an average of nearly 1 percent between the opening and closing bells. Birinyi Associates studied Apple’s post-earnings behavior since 2009. It found Apple stock has gapped up, or…

  • WPP set for its best day in a decade after earnings beat

    WPP set for its best day in a decade after earnings beat

    [ad_1] Advertising giant WPP posted better-than-expected earnings for its first quarter, as it looks to an uncertain future in the wake of its CEO Martin Sorrell stepping down. Net sales were down 0.1 percent like-for like, it said Monday, but this beat estimates of a 1 percent drop. WPP’s Executive Chairman Roberto Quarta said in…

  • Wall Street set for gains on strong earnings, M&A activity

    Wall Street set for gains on strong earnings, M&A activity

    [ad_1] (Reuters) – U.S. stock indexes were on track to open higher on Monday as strong earnings and a string of mergers lifted spirits, kicking off a busy week for inflation watchers. A specialist trader works at his post on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 27,…

  • Asian shares climb as Korea tensions ease, earnings boom

    Asian shares climb as Korea tensions ease, earnings boom

    [ad_1] SYDNEY (Reuters) – Asian shares extended gains on Monday as tensions in the Korean Peninsula eased and first-quarter earnings shone, although some investors were cautious about the outlook amid the backdrop of a simmering U.S.-China trade dispute. FILE PHOTO: A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan…

  • Asian shares edge higher as tensions ease, earnings rise

    Asian shares edge higher as tensions ease, earnings rise

    [ad_1] SYDNEY (Reuters) – Asian shares rose again on Monday as tensions in the Korean Peninsula eased and first-quarter earnings shone, although some investors pondered whether this sunny outlook could dim in the near future. FILE PHOTO: A man looks at an electronic stock quotation board outside a brokerage in Tokyo, Japan February 9, 2018.…

  • Rising costs, inflation on radar as U.S. earnings season unfolds

    Rising costs, inflation on radar as U.S. earnings season unfolds

    [ad_1] NEW YORK (Reuters) – Fresh worries about rising costs and inflation face U.S. stock investors looking toward the coming week and the next leg of the first-quarter earnings period. In the latest week, the busiest for first-quarter reports, several companies warned about or cited higher costs. Caterpillar (CAT.N) said it was worried about higher…

  • Here’s what all the major Wall Street analysts had to say about Amazon’s earnings

    Here’s what all the major Wall Street analysts had to say about Amazon’s earnings

    [ad_1] “Amazon continues to demonstrate impressive execution on key growth initiatives, as demonstrated by accelerating revenue across AWS, Advertising, and 3P services, which fueled the significant profitability beat. With the price of annual US Prime membership set to increase to $119 (first increase in four years), we believe Amazon’s selection/convenience competitive advantage will only increase,…

  • Wall Street flat as earnings offset inflation jitters

    Wall Street flat as earnings offset inflation jitters

    [ad_1] NEW YORK (Reuters) – Wall Street closed nearly flat on Friday as inflation worries and struggling technology and energy stocks were offset by an advance in the consumer discretionary sector led by Amazon. The S&P 500 and the Nasdaq eked out small gains while the Dow Jones Industrial Average edged into negative territory by…

  • Microsoft MSFT opens up day after earnings beat

    Microsoft MSFT opens up day after earnings beat

    [ad_1] Microsoft opened nearly 4 percent up Friday, the day after a first quarter earnings beat. The tech giant reported a 16 percent bump in revenue for the quarter, led by revenue growth in its Intelligent Cloud segment. Shares initially fell falling the report, but recovered on positive outlook for future quarters. The stock opened…

  • Nasdaq futures rise on strong earnings from Amazon, Microsoft

    Nasdaq futures rise on strong earnings from Amazon, Microsoft

    [ad_1] (Reuters) – Nasdaq futures rose on Friday, after stellar results from Amazon, Microsoft and Intel, while other stock index futures were subdued ahead of first-quarter U.S. GDP data. Trader Peter Tuchman is pictured working on the floor of the New York Stock Exchange in the Manhattan borough of New York City, New York, U.S.,…

  • Why Intel earnings could ignite a rally for the chip stocks

    Why Intel earnings could ignite a rally for the chip stocks

    [ad_1] Chip stocks soared Thursday on the heels of positive earnings from Qualcomm and Advanced Micro. Some traders expect the rally to get even hotter when blue-chip behemoth Intel reports Thursday after the bell. Intel is set to report first-quarter earnings after the bell on Thursday, and the options market is implying a 5 percent…

  • Microsoft earnings Q3 2018

    Microsoft earnings Q3 2018

    [ad_1] The company’s biggest business segment, More Personal Computing — which includes Windows, devices, gaming and search ads — produced $9.92 billion in revenue, up 13 percent year over year. The segment came in above the FactSet consensus estimate of $9.25 billion, according to StreetAccount. The Productivity and Business Processes segment, which includes Office, LinkedIn…

  • AWS earnings Q1 2018

    AWS earnings Q1 2018

    [ad_1] Amazon’s cloud business exceeded analyst estimates, with revenue climbing 49 percent in the first quarter. Amazon Web Services reported sales on Thursday of $5.44 billion, compared to the $5.26 billion average estimate of analysts surveyed by FactSet. AWS contributed about 11 percent of Amazon’s total revenue for the period, up from 8.5 percent in…

  • Asian shares rise as U.S. earnings bolster Wall Street

    Asian shares rise as U.S. earnings bolster Wall Street

    [ad_1] SINGAPORE (Reuters) – Asian shares edged higher on Friday, after U.S. equities were buoyed by solid quarterly earnings and a rebound in technology stocks, while the euro languished near three-month lows after the European Central Bank kept interest rates unchanged. Market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE)…

  • Wall Street gains on strong earnings, tech resurgence

    Wall Street gains on strong earnings, tech resurgence

    [ad_1] NEW YORK (Reuters) – U.S. stocks advanced on Thursday with each of Wall Street’s major indexes ending the session up 1 percent or higher, boosted by solid earnings results and a rebound in technology stocks as U.S. bond yields pulled back. The tech-heavy Nasdaq snapped a five-day losing streak while the S&P technology index…

  • Amazon earnings q1 2018

    Amazon earnings q1 2018

    [ad_1] The Washington Post | Getty Images Amazon CEO Jeff Bezos has not dared to crack the South Korean market, where Coupang is the fastest-growing and best financed e-commerce site of all time. Amazon is scheduled to report its first-quarter earnings results on Thursday after the bell. Here are the most important numbers: Revenue: $49.78…

  • Wall Street rises as tech earnings impress, yields pull back

    Wall Street rises as tech earnings impress, yields pull back

    [ad_1] (Reuters) – Wall Street stocks rose on Thursday, as strong earnings from Facebook and a handful of chipmakers powered technology stocks, and U.S. bond yields pulled back. Traders work on the floor of the New York Stock Exchange in the Manhattan borough of New York City, New York, U.S., April 20, 2018. REUTERS/Brendan McDermid…

  • Stocks to rally 15 percent as earnings zap market fears: Federated

    Stocks to rally 15 percent as earnings zap market fears: Federated

    [ad_1] Wall Street’s second biggest bull is predicting a market comeback is in the works. Despite investor skittishness over Caterpillar CEO comments suggesting an economic slowdown and rising Treasury yields signaling inflation risks, Federated Investors’ Phil Orlando contends stocks will return to record territory this year. “This is the best earnings season we’ve seen in…

  • Facebook earnings Q1 2018

    Facebook earnings Q1 2018

    [ad_1] It’s still early, but Wednesday’s report showed that advertisers weren’t too deterred by the latest negative press about Facebook: Ad revenue jumped 50 percent from the year-ago period. The average revenue per user hit $5.53, better than the $5.35 expected by analysts surveyed by StreetAccount. Facebook’s financial results for the quarter that ended March…

  • Asia stocks edge up as U.S. earnings prop up Wall St, dollar solid

    Asia stocks edge up as U.S. earnings prop up Wall St, dollar solid

    [ad_1] TOKYO (Reuters) – Asian stocks edged up on Thursday as robust corporate earnings helped Wall Street quell concerns over a surge in U.S. bond yields, while the dollar hovered near three-month highs against a basket of currencies. An electronic board showing the Nikkei share average is seen as market prices are reflected in a…

  • AT&T shares fall on earnings miss

    AT&T shares fall on earnings miss

    [ad_1] AT&T reported first-quarter results that missed estimates, sending its shares down nearly 4 percent in extended trading on Wednesday, as the biggest pay-TV provider in the U.S. lost subscribers to its satellite and U-verse services. Here are the results: — Earnings: 85 cents per share, vs 87 cents per share expected — Revenue: $38.04…

  • Visa earnings Q2 2018

    Visa earnings Q2 2018

    [ad_1] Visa reported second-quarter earnings that beat analysts’ expectations on Wednesday. Here’s how the company did compared with what Wall Street expected: Earnings: $1.11 per share vs. $1.02 per share forecast by Thomson Reuters Revenue: $5.07 billion vs. $4.81 billion forecast by Thomson Reuters That revenue figure represents year-over-year growth of about 13 percent. In…

  • AMD earnings Q1 2018

    AMD earnings Q1 2018

    [ad_1] AMD shares jumped 9 percent on Wednesday after the chipmaker reported better-than-expected first quarter results. Earnings: 11 cents per share, excluding certain items, vs. 9 cents per share as expected by analysts, according to Thomson Reuters. Revenue: $1.65 billion vs. $1.57 billion as expected by analysts, according to Thomson Reuters. AMD also provided a…

  • Qualcomm earnings Q2 2018

    Qualcomm earnings Q2 2018

    [ad_1] Qualcomm reported quarterly earnings that beat analysts’ expectations on Wednesday. Shares of the semiconductor company gained close to 2 percent after the announcement. Here’s how the company did compared with what Wall Street expected: Earnings: 80 cents per share vs. 70 cents per share forecast by Thomson Reuters Qualcomm has been under pressure in…

  • Ford Q1 earnings 2018

    Ford Q1 earnings 2018

    [ad_1] Earnings: 41 cents per share, according to Thomson Reuters Revenue: $37.2 billion, according to Thomson Reuters Ford has not been able to control costs as well as its larger rival, General Motors, and has struggled to deliver comparable profit growth. The company’s international operations are floundering as well. Last year, Ford lost money in…

  • Death of the earnings beat

    Death of the earnings beat

    [ad_1] Investors want clear and optimistic forecasts for the rest of this year from companies and they simply aren’t getting that. It’s not enough to top Wall Street’s notoriously low estimates. The EPS beat rate stands at 76.7 percent this quarter, and the average stock that has reported first quarter numbers so far opened higher…

  • Twitter earnings Q1 2018

    Twitter earnings Q1 2018

    [ad_1] Twitter shares were up as high as 13 percent before paring gains after the company reported revenue and earnings that beat expectations Wednesday. Here are the first-quarter earnings and revenue: Earnings per share: 16 cents vs. 12 cents, according to a Thomson Reuters consensus estimate Revenue: $655 million vs. $608 million, according to a…

  • Comcast earnings Q1 2018

    Comcast earnings Q1 2018

    [ad_1] David Paul Morris | Bloomberg | Getty Images Brian Roberts, chairman and chief executive officer of Comcast Corp. Comcast is slated to report first-quarter earnings before the bell on Wednesday. Here’s what Wall Street expects: Earnings per share: 59 cents, according to Thomson Reuters Revenue: $22.744 billion, according to Thomson Reuters Net increase of…

  • Twitter expected to have strong quarterly earnings thanks to ad sales

    Twitter expected to have strong quarterly earnings thanks to ad sales

    [ad_1] On the eve of Twitter next quarterly report, investors are waiting to see if the company will report its second profitable quarter in a row. Here are the consensus estimates for the company’s first-quarter earnings report on Wednesday: Estimated earnings per share: 12 cents, according to a Thomson Reuters consensus estimate Estimated revenue: $606.9…

  • 3M heads for worst day in 9 years after cutting its earnings forecast

    3M heads for worst day in 9 years after cutting its earnings forecast

    [ad_1] Daniel Acker | Bloomberg | Getty Images 3M’s Scotch brand tape on display for sale at a supermarket in Princeton, Illinois. Shares of multinational giant 3M dropped more than 7.8 percent Tuesday after the company lowered its 2018 earnings guidance. The maker of thousands of products for consumers and businesses including Scotch tape and…

  • Small cap tech stock Sanmina jumps more than 20% on better-than-expected earnings

    Small cap tech stock Sanmina jumps more than 20% on better-than-expected earnings

    [ad_1] Sanmina shares skyrocketed more than 20 percent on Tuesday after the company reported better-than-expected profit and sales for the last quarter and said this quarter’s earnings could top Wall Street expectations as well. The company is a contract electronics manufacturer specializing in communications networks and semiconductors, among other areas. After Tuesday’s jump, its market…

  • Wall Street opens higher on strong earnings, tech gains

    Wall Street opens higher on strong earnings, tech gains

    [ad_1] (Reuters) – U.S. stock indexes opened higher on Tuesday, helped by strong results from Verizon and Caterpillar as well as gains in technology stocks. Traders work on the floor of the New York Stock Exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., April 19, 2018. REUTERS/Brendan McDermid The Dow…

  • Verizon earnings Q1 2018

    Verizon earnings Q1 2018

    [ad_1] Verizon is set to report first quarter earnings before the bell Tuesday. Here’s what Wall Street expects from the telecom giant: — Earnings: $1.10 per share, according to Thomson Reuters — Revenue: $31.25 billion, according to Thomson Reuters — Net increase of 165,000 retail postpaid wireless connections, according to StreetAccount Analysts forecast something of…

  • Wall Street ends mixed as investors eye earnings

    Wall Street ends mixed as investors eye earnings

    [ad_1] NEW YORK (Reuters) – Wall Street ended mixed on Monday as concerns about soft smartphone demand weighed on tech stocks and pulled the Nasdaq lower while earnings optimism protected against deeper losses. Tech stocks dragged on both the S&P 500 and the Nasdaq ahead of a big week of earnings for the sector. Chipmaker…

  • Strong ad sales boost Google parent Alphabet’s earnings

    Strong ad sales boost Google parent Alphabet’s earnings

    [ad_1] Google parent Alphabet on Monday reported a jump in first-quarter net income on the back of strong digital ad sales and an accounting adjustment. The Mountain View, California-based company’s net income surged 73 per cent to $9.4 billion, or $13.33 per share. Earnings, adjusted for non-recurring gains including those from the accounting change, were…

  • Alphabet Earnings Q1 2018

    Alphabet Earnings Q1 2018

    [ad_1] Michael Short | Bloomberg | Getty Images Sundar Pichai, chief executive officer of Google Google parent company Alphabet is slated to post its first quarter earnings today after the bell. Here’s what analysts are expecting, via Thomson Reuters: — Earnings per share: $9.28 — Revenue: $30.29 billion We’ll see three changes to Alphabet’s report…

  • Asia stocks subdued by rising yields, earnings deluge

    Asia stocks subdued by rising yields, earnings deluge

    [ad_1] SYDNEY (Reuters) – Asian stocks started in muted fashion on Monday as investors braced for a bevy of earnings from the world’s largest corporations, while keeping a wary eye on U.S. bond yields as they approached peaks that had triggered ructions in the past. A man walks past an electronic stock quotation board outside…

  • Alphabet Q1 earnings preview changes

    Alphabet Q1 earnings preview changes

    [ad_1] The second significant change to Alphabet’s balance sheet comes because of a new accounting standard for equity security investments. Under the new rule, called Accounting Standards Update 2016-01, Alphabet has to report the unrealized gains and losses from its investments on its income statement. For example, Alphabet bought a stake in both ride-hailing start-up…

  • Blackstone earnings drop 20 percent due to the equity market slump

    Blackstone earnings drop 20 percent due to the equity market slump

    [ad_1] Blackstone, the largest manager of alternative assets such as private equity and real estate, on Thursday reported a 20 percent drop in first-quarter earnings per share but still beat Wall Street’s expectations, as a stock market slump weighed on the value of its holdings. Profits have soared at private-equity firms such as Blackstone in…

  • Shares of aluminum producer Alcoa jump almost 4% after earnings beat

    Shares of aluminum producer Alcoa jump almost 4% after earnings beat

    [ad_1] Shares of aluminum producer Alcoa jumped almost four percent in after-hours trade after the company reported first quarter earnings that beat expectations. Here’s how the company did compared with what Wall Street expected: EPS: 0.77 vs. 0.70 cents. Revenue: $3.09 billion vs. $3.08 billion. In its earnings release, the Pittsburgh, Pennsylvania-based company is projecting…

  • Morgan Stanley shares gain after record first-quarter earnings report

    Morgan Stanley shares gain after record first-quarter earnings report

    [ad_1] Qilai Shen | Bloomberg | Getty Images James Gorman, chief executive officer of Morgan Stanley Net income rose to $2.7 billion for the quarter, up more than 40 percent from a year earlier. “Relative to peers, Morgan Stanley produced standout results,” Nomura Instinet analyst Steven Chubak wrote in a note to clients Wednesday. Morgan…

  • China’s ZTE delays earnings amid confusion over U.S. ban

    China’s ZTE delays earnings amid confusion over U.S. ban

    [ad_1] SAN FRANCISCO/NEW YORK (Reuters) – China’s ZTE Corp on Wednesday postponed the release of quarterly earnings, saying it needs time to assess the impact of a U.S. order that bans American companies from selling it parts, which could undermine its ability to manufacture equipment. FILE PHOTO – Visitors pass in front of the Chinese…

  • American Express earnings Q1 2018

    American Express earnings Q1 2018

    [ad_1] AmEx has spent heavily on rewards to lure customers as it faces more competition from banks like J.P. Morgan Chase and Citigroup. Here are the results: —EPS: $1.86, compared to an estimate of $1.71 from Thomson Reuters —Revenue: $9.72 billion, compared to an estimate of $9.46 billion, according to Thomson Reuters In January, former…

  • Wall Street opens higher on strong earnings, oil

    Wall Street opens higher on strong earnings, oil

    [ad_1] (Reuters) – U.S. stock indexes opened higher on Wednesday after the latest batch of earnings including Morgan Stanley (MS.N) added to optimism about the U.S. corporate reporting season, while a jump in oil prices lifted energy stocks. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York,…

  • China’s ZTE delays earnings release following U.S. export ban

    China’s ZTE delays earnings release following U.S. export ban

    [ad_1] (Reuters) – Chinese smartphone maker ZTE Corp on Wednesday postponed the release of quarterly earnings, saying it needs time to assess the impact of a U.S. government order that bans American companies from selling it parts. FILE PHOTO – Visitors pass in front of the Chinese telecoms equipment group ZTE Corp booth at the…

  • World stocks at four-week highs as earnings rekindle risk appetite

    World stocks at four-week highs as earnings rekindle risk appetite

    [ad_1] LONDON (Reuters) – Global stocks climbed to their highest in nearly four weeks on Wednesday as strong U.S. first-quarter earnings helped revive risk appetite, driving up equities and hauling the dollar out of its slump. The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, March 21, 2018.…

  • Wall Street rises on earnings hopes, Netflix soars

    Wall Street rises on earnings hopes, Netflix soars

    [ad_1] NEW YORK (Reuters) – U.S. stock indexes rallied on Tuesday on broad-based gains while Netflix and UnitedHealth earnings impressed investors and boosted optimism about the U.S. corporate reporting season. Traders work on the floor of the New York Stock Exchange in the borough of New York City, New York, U.S., April 17, 2018. REUTERS/Brendan…

  • Wall Street rallies as Netflix, UnitedHealth earnings shine

    Wall Street rallies as Netflix, UnitedHealth earnings shine

    [ad_1] NEW YORK (Reuters) – U.S. stock indexes rallied on Tuesday on broad-based gains while Netflix and UnitedHealth earnings impressed investors and boosted optimism about the U.S. corporate reporting season. Traders work on the floor of the New York Stock Exchange in the borough of New York City, New York, U.S., April 17, 2018. REUTERS/Brendan…

  • IBM earnings Q1 2018

    IBM earnings Q1 2018

    [ad_1] Adam Galica | CNBC Ginni Rometty, Chairman, president and CEO of IBM at the 2018 WEF in Davos, Switzerland. IBM will report financial results for the first quarter after the bell on Tuesday. The company will hold a teleconference with analysts at 5 p.m. Eastern time. Here’s what the street is expecting, according to…

  • Wall Street rises on earnings optimism, Netflix soars

    Wall Street rises on earnings optimism, Netflix soars

    [ad_1] NEW YORK (Reuters) – U.S. stocks rallied on Tuesday, helped by gains in the technology and consumer sectors, while Netflix and UnitedHealth earnings impressed investors and boosted optimism about the U.S. corporate reporting season. Traders work on the floor of the New York Stock Exchange in the borough of New York City, New York,…

  • AMD and Caterpillar are among the stocks that could be big earnings season winners, according to Wall Street analysts

    AMD and Caterpillar are among the stocks that could be big earnings season winners, according to Wall Street analysts

    [ad_1] Analysts are raising their estimates aggressively on some industrial and semiconductor stocks into their earnings reports, a sign they could be big winners, according to analysis from MKM Partners. For example, American Airlines “epitomizes what we’re looking for,” Jim Strugger, managing director, derivatives strategist, at MKM said in a note this week. Analysts have…

  • Wall Street rises as strong Netflix, Goldman earnings impress

    Wall Street rises as strong Netflix, Goldman earnings impress

    [ad_1] (Reuters) – Wall Street indexes rose on Tuesday as strong earnings from Netflix, Goldman Sachs and healthcare companies boosted optimism over what is expected to be the strongest earnings season in seven years. Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 16, 2018. REUTERS/Brendan McDermid…

  • Wall Street opens higher on strong earnings

    Wall Street opens higher on strong earnings

    [ad_1] (Reuters) – U.S. stock indexes opened higher on Tuesday as strong earnings from Netflix, Goldman Sachs and health majors boosted optimism over what is expected to be the strongest earnings season in seven years. Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 16, 2018. REUTERS/Brendan…

  • Futures rise on strong earnings from Netflix, health majors

    Futures rise on strong earnings from Netflix, health majors

    [ad_1] (Reuters) – U.S. stock index futures rose on Tuesday as strong earnings from Netflix, Johnson & Johnson and UnitedHealth boosted optimism over what is expected to be the strongest earnings season in seven years. Traders work on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 16, 2018. REUTERS/Brendan…

  • Goldman Sachs earnings beat the Street, but trading results fall short

    Goldman Sachs earnings beat the Street, but trading results fall short

    [ad_1] Goldman Sachs reported first-quarter results that beat significantly on both the top and bottom line ahead of the market open Tuesday. However, revenue from fixed income trading missed analysts’ estimates. Here’s what the bank reported compared to what analysts polled by Thomson Reuters were expecting: — Revenues $10.04 billion versus expectations of $8.74 billion.…

  • Here’s what Wall Street analysts think of Netflix’s earnings

    Here’s what Wall Street analysts think of Netflix’s earnings

    [ad_1] “Netflix once again demonstrated a higher pace of sub growth than expected, while also raising price. The combination of a double-digit price increases across 80% of their sub base, combined with some F/X help, drove Netflix revenue +43% y/y, their highest growth rate since 2011 Since we view this as a thesis-confirming result, we…

  • Asia stocks waver after China data, earnings in focus

    Asia stocks waver after China data, earnings in focus

    [ad_1] TOKYO (Reuters) – Asia stocks wavered on Tuesday after data showed both hot and cold patches in the Chinese economy, but losses were limited as investors turned their focus to corporate earnings from Syria. An investor looks at an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, China April…

  • Asia stocks edge up on steady China GDP, earnings in focus

    Asia stocks edge up on steady China GDP, earnings in focus

    [ad_1] TOKYO (Reuters) – Asia stocks rose modestly on Tuesday following data showing China’s economy grew a little faster than expected in the first quarter. An investor looks at an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province, China April 16, 2018. REUTERS/Stringer The dollar was barely changed, with demand…

  • Asia stocks edge up on easing Syria tensions; focus on earnings, China GDP

    Asia stocks edge up on easing Syria tensions; focus on earnings, China GDP

    [ad_1] TOKYO (Reuters) – Asia stocks edged higher on Tuesday, tracking Wall Street gains as the focus shifted to corporate earnings and looming economic data from China amid signs Western-led strikes on Syria weren’t likely to escalate. An investor looks at an electronic board showing stock information at a brokerage house in Nanjing, Jiangsu province,…

  • Netflix earnings Q1 2018

    Netflix earnings Q1 2018

    [ad_1] Netflix has relied on international growth and heavy investments in original content to drive subscriptions — and Monday’s results provided an update on their effectiveness. Netflix’s addition of more than 7.4 million international subscribers set a new record, marking growth of 50 percent from a year ago. The company also said it expects to…

  • Wall Street rises, focus turns to earnings from geopolitics

    Wall Street rises, focus turns to earnings from geopolitics

    [ad_1] NEW YORK (Reuters) – U.S. stocks closed higher on Monday, with the biggest boosts from technology and healthcare sectors as investors were optimistic about earnings season and appeared less worried about U.S.-led missile attacks in Syria. Traders react on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 10,…

  • Wall Street higher as Syria fears ease, earnings in focus

    Wall Street higher as Syria fears ease, earnings in focus

    [ad_1] (Reuters) – U.S. stocks rose on Monday, with technology and healthcare shares leading the way as investors appeared less concerned about possible retaliation for the U.S.-led missile attack in Syria. Traders react on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 10, 2018. REUTERS/Brendan McDermid The weekend’s air…

  • bank of america q1 earnings 2018

    bank of america q1 earnings 2018

    [ad_1] Christopher Goodney | Bloomberg | Getty Images Brian Moynihan, Bank of America Bank of America reported Monday better-than-expected results for the first quarter of the year, driven by strong loan growth and lower taxes. Here’s how the bank fared compared to Wall Street expectations: —Earnings: 62 cents per share vs. 59 cents expected by…

  • Solid earnings may not prevent another correction: Robert Shiller

    Solid earnings may not prevent another correction: Robert Shiller

    [ad_1] Nobel Prize-winning economist Robert Shiller believes a strong earnings season may not be adequate to keep stocks out of the red. Despite two corrections since February, the Yale University Professor — who predicted both the dotcom bubble of the late 1990s and the housing meltdown that triggered the 2008 financial crisis — contended market…

  • Wall Street eyes earnings stabilizer after FAANG stocks wobble

    Wall Street eyes earnings stabilizer after FAANG stocks wobble

    [ad_1] (Reuters) – Wall Street is hoping that first-quarter earnings growth and corporate forecasts are strong enough to bring the FAANG group of stocks back into favor and take the spotlight off worries that caused the recent sell-off in the high-flying group. FILE PHOTO: Traders work on the floor of the New York Stock Exchange,…

  • GE books $4.2 billion charge, restates earnings as expected

    GE books $4.2 billion charge, restates earnings as expected

    [ad_1] NEW YORK (Reuters) – General Electric Co (GE.N) said on Friday it took a $4.24 billion equity charge and reduced earnings for the last two years by 30 cents a share, figures in line with expectations the company set earlier this year when it said it would comply with new accounting standards. FILE PHOTO:…

  • GE takes $4.2 billion charge, restates earnings

    GE takes $4.2 billion charge, restates earnings

    [ad_1] NEW YORK (Reuters) – General Electric Co (GE.N) said on Friday it will take a charge of $4.24 billion in the first quarter and reduce earnings over the last two years by 30 cents a share, figures in line with expectations the company set earlier this year when it said it would comply with…

  • Citigroup earnings Q1 2018

    Citigroup earnings Q1 2018

    [ad_1] Citigroup shares opened 1.4 percent higher on Friday. “Our first quarter results demonstrate strength and balance across our franchise and position us well for the rest of the year,” CEO Michael Corbat said in a statement. “During the quarter, we returned more than $3 billion in capital to common shareholders which helped drive a…

  • Wells Fargo earnings Q1 2018

    Wells Fargo earnings Q1 2018

    [ad_1] Spencer Platt | Getty Images People walk by a Wells Fargo bank branch on October 13, 2017 in New York City. Wells Fargo & Co. beat expectations, reporting a 5.5 percent gain in first quarter profit as it tries to move past its regulatory troubles. Profit of $1.12 a share beat the average analyst…

  • JP Morgan Chase earnings Q1 2018

    JP Morgan Chase earnings Q1 2018

    [ad_1] J.P. Morgan Chase reported first quarter earnings that beat on both the top and bottom line Friday, although trading revenue growth remained light. Here’s what the company reported versus expectations: — Earnings of $2.37 a share vs. an estimated $2.28 a share from a consensus of analysts polled by Thomson Reuters. — Revenue of…

  • Facebook beat earnings Zuckerberg wants to show Wall Street who’s boss

    Facebook beat earnings Zuckerberg wants to show Wall Street who’s boss

    [ad_1] Getty Images Facebook co-founder, Chairman and CEO Mark Zuckerberg smiles at the conclusion of his testimony before the House Energy and Commerce Committee in the Rayburn House Office Building on Capitol Hill April 11, 2018 in Washington, DC. Facebook shares, which closed at $163.87 on Thursday, have dropped more than 11 percent over the…

  • Stocks bounce as Trump changes tack on Syria, earnings hopes

    Stocks bounce as Trump changes tack on Syria, earnings hopes

    [ad_1] TOKYO (Reuters) – Global stocks recovered to three-week highs on Friday as anticipated strong earnings season took center stage after U.S. President Donald Trump backtracked on his suggestion of an imminent missile attack on Syria. FILE PHOTO: A pedestrian casts a shadow in front of an electronic stock quotation board outside a brokerage in…

  • Wall Street gains on earnings optimism, waning Syria jitters

    Wall Street gains on earnings optimism, waning Syria jitters

    [ad_1] NEW YORK (Reuters) – U.S. stocks climbed on Thursday as investors anticipated a strong earnings season and as U.S. President Donald Trump’s suggestion that a military strike on Syria may not be imminent ratcheted down geopolitical worries. The S&P 500 has now recouped nearly all its losses from earlier this year. Trump said in…

  • Bank earnings are coming, and they’re going to be huge

    Bank earnings are coming, and they’re going to be huge

    [ad_1] Just since Jan. 1, analyst projections for financial earnings went from a 10.7 percent gain all the way to 24 percent currently. Only energy, which has been the beneficiary of rising oil prices, has seen a higher net revision among the S&P 500’s 11 sectors, according to investment research firm CFRA. With financials comprising…

  • Wall Street gains on earnings optimism as Syria jitters dissipate

    Wall Street gains on earnings optimism as Syria jitters dissipate

    [ad_1] NEW YORK (Reuters) – Technology and financial stocks boosted Wall Street on Thursday as U.S. President Donald Trump suggested that a military strike on Syria may not be imminent and investors turned their focus to the upcoming earnings season, which is projected to deliver the strongest results in seven years. Traders work on the…

  • Blackrock earnings Q1 2018

    Blackrock earnings Q1 2018

    [ad_1] The company said its first-quarter earnings rose 28 percent year over year, “driven in part by [a] lower tax rate.” BlackRock’s effective tax rate for the quarter was 19.6 percent last quarter, down from 23.8 percent in the first quarter of 2017. BlackRock also said its operating margin expanded to 38.4 percent in the…

  • Wall Street gains as conflict fears ease, earnings optimism rises

    Wall Street gains as conflict fears ease, earnings optimism rises

    [ad_1] (Reuters) – Technology and financial stocks led a rally on Wall Street on Thursday as President Donald Trump toned down his views on attacking Syria and investors focused on what could be the strongest earnings reporting season in seven years. Traders work on the floor of the New York Stock Exchange shortly after the…

  • Wall Street higher on earnings optimism, Syria worries ebb

    Wall Street higher on earnings optimism, Syria worries ebb

    [ad_1] (Reuters) – Wall Street benchmarks bounced higher on Thursday, driven by gains in technology, financial and industrials stocks as investors hoped that lower U.S. taxes could boost first quarter corporate profits. Traders react on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 10, 2018. REUTERS/Brendan McDermid Boeing’s (BA.N)…

  • Wall Street jumps on earnings optimism, Syria worries ebb

    Wall Street jumps on earnings optimism, Syria worries ebb

    [ad_1] (Reuters) – Wall Street stocks bounced higher on Thursday as expectations that lower U.S. taxes would fuel corporate earnings added to easing of nerves over U.S. military conflict with Russia in Syria. Traders react on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 10, 2018. REUTERS/Brendan McDermid Growth…

  • Wall Street set for gains on earnings optimism, Syria worries ebb

    Wall Street set for gains on earnings optimism, Syria worries ebb

    [ad_1] (Reuters) – The Dow Jones Industrial Average was set to open with gains of more than 100 points on Thursday as expectations that lower U.S. taxes would fuel corporate earnings added to a slight easing of nerves over Syria. Traders react on the floor of the New York Stock Exchange, (NYSE) in New York,…

  • Doubts over U.S. bank capital payouts may cloud strong earnings

    Doubts over U.S. bank capital payouts may cloud strong earnings

    [ad_1] NEW YORK (Reuters) – Quirks in the new U.S. tax code are sowing doubts over how much big banks can boost dividends and stock buybacks this year, threatening to take the shine off what are likely to be strong quarterly profits. FILE PHOTO: A sign outside the headquarters of JP Morgan Chase & Co…

  • High stakes, high expectations as earnings season heats up

    High stakes, high expectations as earnings season heats up

    [ad_1] NEW YORK (Reuters) – The rockiest U.S. stock market in two years will meet a major test in the coming weeks as first-quarter earnings pour in, with expectations that tax cuts will help Corporate America show its biggest quarterly profit growth in seven years. Any disappointments could further upset the fragile market. FILE PHOTO:…

  • GE to restate two years of earnings by April 13

    GE to restate two years of earnings by April 13

    [ad_1] (Reuters) – General Electric Co (GE.N) said on Wednesday that it planned to provide restated results for 2016 and 2017 to reflect a new accounting standard by April 13. FILE PHOTO: The General Electric logo is pictured on the General Electric offshore wind turbine plant in Montoir-de-Bretagne, near Saint-Nazaire, western France, November 21, 2016.…

  • Cloudera earnings Q4 2018

    Cloudera earnings Q4 2018

    [ad_1] Cloudera stock fell more than 19 percent after the company posted guidance that fell below analysts’ expectations. But for the fourth quarter of Cloudera’s 2018 fiscal year, which ended Jan. 31, the company did beat estimates. – Earnings: Loss of 10 cents per share, excluding certain items, vs. 23 cents as expected by analysts,…

  • History shows it pays to buy the market on the dip ahead of earnings

    History shows it pays to buy the market on the dip ahead of earnings

    [ad_1] Buying the dip in stocks ahead of the upcoming earnings season could bode well for investors, historical data from Jefferies show. Analysts at the investment bank said in a note last week that the S&P 500 has averaged a gain of nearly 2 percent during an earnings season since 2000 when the period follows…

  • Eager for calming news, investors look to earnings

    Eager for calming news, investors look to earnings

    [ad_1] NEW YORK (Reuters) – Nervous stock investors are hoping an unusually U.S. strong earnings season can restore some of the optimism that characterized equity markets last year. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 26, 2018. REUTERS/Brendan McDermid Imploding technology stocks and fears of…

  • German tax office examining ADM over legacy trading earnings

    German tax office examining ADM over legacy trading earnings

    [ad_1] (Reuters) – Hamburg’s tax office is examining the German activities of U.S. agricultural merchant Archer Daniels Midland over a five-year period in what the company called a routine audit, although sources said ADM could face unforeseen liabilities. FILE PHOTO – The world’s largest corn mill of global grain company Archer Daniels Midland is pictured…

  • Oracle earnings Q3 2018

    Oracle earnings Q3 2018

    [ad_1] Oracle stock fell as much as 4 percent on Monday after the company released mixed results for the third quarter of its 2018 fiscal year, which ended on February 28. * Earnings: Excluding certain items, 83 cents per share vs. 72 cents expected by analysts, according to Thomson Reuters. * Revenue: $9.77 billion vs.…

  • Adobe earnings Q1 2018

    Adobe earnings Q1 2018

    [ad_1] Adobe stock rose nearly 4 percent on Thursday after the company reported better-than-expected earnings for the first quarter of its 2018 fiscal year, which ended on March 2. Earnings: Excluding certain items, $1.55 in earnings per share vs. $1.44 in earnings per share as expected by analysts, according to Thomson Reuters. Revenue: $2.08 billion…

  • Overstock.com shares tumble 13% after earnings

    Overstock.com shares tumble 13% after earnings

    [ad_1] Ken James | Bloomberg | Getty Images An employee scans an order in the shipping area at the Overstock.com distribution center in Salt Lake City, Utah. Shares of Overstock.com dropped in extended trading Thursday after the e-commerce company reported a sales decline and no significant progress on a potential sale of its retail arm…

  • Exxon expects earnings to double by 2025 at current oil prices

    Exxon expects earnings to double by 2025 at current oil prices

    [ad_1] NEW YORK (Reuters) – Exxon Mobil Corp (XOM.N), the world’s largest publicly traded oil producer, said on Wednesday it expects earnings to more than double by 2025 to $31 billion, with crude prices CLc1LCOc1 at or above current levels. FILE PHOTO: A logo of Exxon Mobil is displayed on a monitor above the floor…

  • Earnings boost for stocks may lose luster with rising yields

    Earnings boost for stocks may lose luster with rising yields

    [ad_1] NEW YORK (Reuters) – There is little doubt on Wall Street that U.S. corporate profits are on track to rise at a healthy rate this year, with an overall estimate for growth of almost 20 percent. Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New…

  • Salesforce earnings Q4 2018

    Salesforce earnings Q4 2018

    [ad_1] Salesforce is set to report earnings for the fourth quarter of its 2018 fiscal year, which ended on Jan. 31, after the bell on Wednesday. The company will hold a conference call with analysts at 5 p.m. Eastern time. Here’s what Wall Street expects: Earnings: 33 cents per share (excluding certain items) as expected…

  • Strong retail earnings help Wall Street bounce off lows

    Strong retail earnings help Wall Street bounce off lows

    [ad_1] (Reuters) – U.S. stocks rose from their session lows on Wednesday as gains in online travel company Booking Holdings and retailer TJX helped offset losses in healthcare stocks. Booking Holdings (BKNG.O), formerly known as Priceline, rose 7.7 percent after reporting upbeat quarterly profit, helped by higher hotel bookings. Off-price apparel seller TJX (TJX.N) jumped…

  • Morgan Stanley revises earnings, boosts compensation after U.S. tax change

    Morgan Stanley revises earnings, boosts compensation after U.S. tax change

    [ad_1] NEW YORK (Reuters) – The new U.S. tax law has taken a bigger bite out of Morgan Stanley’s 2017 earnings than it initially expected and led its board to boost top executives’ deferred compensation from prior years, the Wall Street bank said on Tuesday. After further analysis of the law’s particulars, Morgan Stanley boosted…

  • TiVo earnings: Company could go private

    TiVo earnings: Company could go private

    [ad_1] TiVo has started evaluating a wide range of strategic options including the possibility of going private, the set-top box maker said on Tuesday. The San Jose, California-based company’s shares were up 13 percent at $15.30 in after-hours trading. “TiVo’s stock price is at a level that the company and its board do not believe…

  • Etsy earnings Q4 2017

    Etsy earnings Q4 2017

    [ad_1] Etsy shares as much as 18 percent after the company reported more than $1 billion in gross merchandising sales (GMS) during its latest quarter. The company, which reported fourth-quarter earnings after the bell on Tuesday, posted adjusted earnings per share of 15 cents, ahead of a 9 cent Thomson Reuters consensus estimate. Revenue was…

  • Fitbit earnings Q4 2017

    Fitbit earnings Q4 2017

    [ad_1] Shares of Fitbit plunged as much as 15 percent in after-hours trading on Monday after a disappointing quarterly report. The wearable technology company lost 2 cents per share on revenue of $571 million in the fourth quarter. Analysts polled by Thomson Reuters expected a break-even quarter for Fitbit, with revenue of $589 million. Consumer…

  • Forget inflation jitters — Federated sees earnings saving the rally

    Forget inflation jitters — Federated sees earnings saving the rally

    [ad_1] Federated Investors’ Steve Chiavarone is not a bull who’s second guessing himself. The February correction may have rattled Wall Street, but the portfolio manager maintains the S&P 500 will muster enough momentum to climb 12 percent to 3,100 — 12 percent above Monday’s premarket level. His reason? The story of the year will ultimately…

  • General Electric to restate two years of earnings

    General Electric to restate two years of earnings

    [ad_1] (Reuters) – General Electric (GE.N), the United States’ largest industrial conglomerate, will restate its earnings for 2016 and 2017 as it adopts a new accounting standard, according to a regulatory filing on Friday. The updated accounting standard, which will take into account revenue from long-term contracts, will result in a 13 cent cut in…

  • Hewlett Packard Enterprise earnings Q1 2018

    Hewlett Packard Enterprise earnings Q1 2018

    [ad_1] Bloomberg | Getty Images Antonio Neri, CEO of Hewlett Packard Enterprises speaks at the HP Discover 2017 Conference in Las Vegas, Nevada. Hewlett Packard Enterprise is expected to report first-quarter earnings after the market close Thursday. Analysts anticipate HPE will report a drop in revenue, hurt by lower sales for its servers, networking and…

  • Loblaws says earnings hit by PC Optimum, price-fixing costs – Business

    Loblaws says earnings hit by PC Optimum, price-fixing costs – Business

    [ad_1] Loblaw Companies Ltd. reported a drop in its fourth-quarter profit, hit by costs related to the announcement of its PC Optimum loyalty rewards program and the fallout from its admission of participation in an alleged industry-wide price-fixing conspiracy. The retailer, which includes Loblaws and Shoppers Drug Mart, said Thursday its profit available to common…

  • Roku earnings Q4 2017

    Roku earnings Q4 2017

    [ad_1] Roku shares plunged as much as 20 percent in extended trading on Wednesday after the maker of digital streaming devices provided a revenue estimate that trailed analysts’ estimates. Roku said sales in the first quarter will be $120 million to $130 million, falling short of the $131.7 million average estimate of analysts surveyed by…

  • Home Depot’s earnings powered by strong U.S. housing market

    Home Depot’s earnings powered by strong U.S. housing market

    [ad_1] (Reuters) – Home Depot Inc’s (HD.N) profit and revenue topped Wall street estimates for the sixth straight quarter as more shoppers visited the No.1 U.S. home improvement chain and, on average, spent more in an improving housing market. Shares of Home Depot, which raised its quarterly dividend by 15.7 percent to $1.03 per share,…

  • HSBC reports fourth-quarter, full-year 2017 earnings

    HSBC reports fourth-quarter, full-year 2017 earnings

    [ad_1] HSBC’s fortune turned around in 2017 with an increase in the year’s profit. The bank, largest in Europe by assets, said Tuesday its full-year profit before tax rose 10.9 percent to $20.99 billion after adjusting for foreign currency translation and one-off items. That’s beating the estimated $19.59 billion by Reuters and reversing the decline…

  • BlackRock upgrades outlook for U.S. stocks on earnings momentum

    BlackRock upgrades outlook for U.S. stocks on earnings momentum

    [ad_1] (Reuters) – The world’s biggest asset manager BlackRock Inc (BLK.N) upgraded its view on U.S. stocks, citing very strong earnings momentum, while cutting European stocks to neutral. In a note on Monday, BlackRock’s global chief investment strategist Richard Turnill pointed to tax cuts in the United States and government spending plans as driving earnings…

  • BlackRock raises U.S. equities to overweight on earnings momentum

    BlackRock raises U.S. equities to overweight on earnings momentum

    [ad_1] LONDON (Reuters) – The world’s biggest asset manager BlackRock has upgraded its view on U.S. equities to “overweight”, citing very strong earnings momentum, while cutting European stocks to neutral. In a note on Monday, BlackRock’s global chief investment strategist Richard Turnhill pointed to tax cuts in the United States and government spending plans as…

  • Samsung on Track for Record Q4 Earnings Thanks to Semiconductors

    Samsung on Track for Record Q4 Earnings Thanks to Semiconductors

    [ad_1] Samsung Electronics is expected on Tuesday to forecast a record quarterly profit in the fourth quarter, as a world hungry for processing power and high-tech smartphones snaps up its semiconductors and screens. While a stronger won and falling NAND chip prices could take some shine off the performance, most analysts are tipping a strong quarter…

  • EA Says UFC 3 Will Help Boost Earnings Above Estimates

    EA Says UFC 3 Will Help Boost Earnings Above Estimates

    [ad_1] Video game publisher Electronic Arts‘s forecast fourth-quarter revenue above analysts’ estimates as it expects to gain from the launch of its mixed martial arts title, UFC 3, sending its shares up 6 percent in extended trading. The third instalment of the successful franchise is set to release later this week and is expected to…

  • Renault posts record earnings, strengthening Ghosn’s hand

    Renault posts record earnings, strengthening Ghosn’s hand

    [ad_1] The carmaker’s board said on Thursday it would ask shareholders in June to back Ghosn for another four-year term, during which he would “take decisive steps to make the alliance irreversible” and “strengthen the succession plan”. Renault owns 43.4 percent of its Japanese partner, which in turn controls Mitsubishi Motors via a 34 percent…