Tag
#earnings
17 articles
A Broad Rally
In recent weeks, several under-the-radar sectors have been propelling the stock market higher, setting the stage for a test of their resilience. The S&P 500 has gained 21% this year, with tech giants and their AI ambitions fueling the first-half surge.
09 Oct 2024
Microsoft Leads The Way
In the recent quarter ending in December, Microsoft experienced its most significant profit surge in over two years, largely due to the rising interest in artificial intelligence which has significantly boosted the demand for its cloud services
07 Feb 2024
Is The Canary Suffocating?
FedEx's shares plummeted by 12% after the company reported disappointing results and outlook, leading to a series of price-target reductions by Wall Street analysts, which contributed to a late-day sell-off in the broader market.
03 Jan 2024
U.S. Consumers' Status
Dick’s Sporting Goods and Macy’s experienced significant declines in their stock prices on Tuesday, marked by red down pointing triangles, as both retailers reported weaker-than-expected quarterly earnings and provided cautious forecasts for the remainder of the year.
31 Aug 2023
Cloud And E-Commerce Shine
Amazon.com Inc has surpassed Wall Street's expectations with its impressive sales growth and profits, driven by efficient delivery to customers and a rebound in its cloud-computing division.
04 Aug 2023
Aramco's Profits Fall
On Tuesday, Aramco, the state-owned oil company of Saudi Arabia, reported a 19% decrease in first-quarter earnings, with a net income of $31.9 billion compared to $39.5 billion the previous year, due to the decline in oil prices.
11 May 2023
Tech Giants Tout AI Investments
Microsoft and Google's Q2 results show slow sales growth despite their promises of AI investment and the launch of generative AI products. The companies have emphasized the potential of AI, particularly in natural language processing, to usher in a new era of computing.
01 May 2023
Luxury Slows Down, Just A Bit
LVMH's sales report for the first quarter revealed that wealthy consumers in the United States are reducing their purchases of high-end fashion and leather goods.
17 Apr 2023
Chip Companies Cool Down
The semiconductor industry is used to cycles of booms and bust. As such, after a chip shortage that affected manufacturers at a global scale, the chip industry is now anticipating a challenging third-quarter earnings season.
26 Dec 2022
Big Tech Is Crashing
Amazon anticipates fourth-quarter revenue to be between $140 billion and $148 billion, up 2% to 8% from the same period last year. Refinitiv reports that analysts were anticipating sales to total $155 billion.
01 Nov 2022
Meta Isn't Going Well
Since coming public in 2007, Meta hasn't had a quarterly sales decrease year over year. Yet, revenue for the second quarter was $28.82 billion, down 1% from $29.07 billion in the second quarter of 2021.
29 Jul 2022
Airbus' Engines Restart
After swinging to a record net profit of € 4.2 billion ($ 4.8 billion), Europe's largest aircraft business has reinstated its dividend for the first time in two years.
17 Feb 2022
Adyen: A Growth & Profits Story
Adyen, a Dutch payments processor, reported a 51% increase in core earnings in the second half of 2021, exceeding expectations and sending its stock price soaring.
10 Feb 2022
Amazon Surprises, Meta Fades
Amazon's profit nearly doubled during the holiday season, thanks to better-than-expected labor and supply cost control, as well as advances in its cloud computing and advertising divisions.
04 Feb 2022
QT Group's Earnings: Strong Growth And Profitability
Qt’s net sales for the second quarter amounted to EUR 33,925 thousand (EUR 18,081 thousand), up 87.6 percent. License sales and consulting grew by 119.6 percent, while maintenance revenue increased by 5.8 percent.
20 Aug 2021
The Tech Boom Is Over?
Despite reporting stellar results for the second quarter, many tech companies were punished by investors for their more cautious forecasts. Major lockdown-winners are now warning that growth going forward might be pressured as consumers get back to their pre-pandemic lives.
15 Aug 2021
Pinterest Earnings Review
Pinterest is a fast-growing company that managed to take advantage of the pandemic and saw its sales increase dramatically. However, a large share of Pinterest’s stock price growth was driven by expanding multiples
30 Jun 2021
