Tag: Earnings Surprises

PayPal stock slips as earnings beat expectations but outlook comes up short

PayPal Holdings Inc. topped profit expectations for its latest quarter, but it delivered a lower-than-expected outlook for the current quarter as eBay’s transition to managing...

Tesla tops $1 billion in profit, delays Semi launch

Tesla Inc.’s profit topped $1 billion for the first time in the company’s history and its sales nearly doubled, zooming past Wall Street expectations, but...

What will Apple say about the next iPhone at earnings time? Maybe more than usual

The pandemic may add a wrinkle to the guessing game that normally accompanies Apple Inc.’s June-quarter conference call. Typically the most important tidbit coming out...

Intel stock ticks lower as outlook barely clears Wall Street expectations following beat

Intel Corp. shares weakened in the extended session Thursday after the chip maker topped expectations, but its outlook barely surpassed the average forecast from Wall...

Micron expects memory demand to remain strong, will sell Utah plant to Texas Instruments

Micron Technology Inc. expects memory-chip demand to remain high even as the supply of other types of computer chips meets customer needs, the company said...

Oracle stock falls despite earnings beat, CEO expects to push more money toward cloud efforts

Oracle Corp. blew away expectations for earnings and sales to close out its fiscal year Tuesday, but shares dipped as executives revealed plans to spend...

EBay says sales of sneakers and watches have accelerated, and trading cards are next

EBay Inc. says it has seen growth accelerate in two key categories, sneakers and watches, and the online e-commerce company is preparing for the sales...

Tesla’s first-quarter sales rise more than 70%, but stock slips

Tesla Inc. stock fell nearly 2% late Monday after the Silicon Valley electric-car maker reported mixed first-quarter earnings, with sales slightly below the mark and...

Affirm earnings top expectations, but stock slips

Affirm Holdings Inc. topped revenue expectations for its latest quarter and issued an upbeat forecast, but shares slipped in after-hours trading Thursday. The company, which...

Apple sees blizzard of demand for $14 billion debt deal

Apple Inc. attracted more than $33 billion worth of orders for its new $14 billion debt deal on Monday, underscoring the continued scramble for all...

Netflix tops 200 million subscribers with year-end flourish, stock jumps 10%

Netflix Inc. topped 200 million streaming subscribers for the first time at the end of 2020, as sign-ups surged yet again despite higher prices in...

Nvidia stock wobbles as investors digest short-term challenges amid year-long run up

Nvidia’s new lineup of RTX 30-series gaming cards. Nvidia Nvidia Corp. shares wobbled Thursday following the chip maker’s strong earnings and outlook late Wednesday as...

Promise of transparency on Google Cloud results cheers Wall Street, Alphabet stock climbs

Google parent Alphabet Inc. shares broke with the broader market Friday, closing higher after the tech giant blew past Wall Street estimates with a return...

Apple, Amazon, Facebook and Google all produce record sales amid Big Tech backlash

Federal antitrust charges against Alphabet Inc.’s Google; advertiser and user boycotts of Facebook Inc.; increasing scrutiny of Apple Inc. and Amazon.com Inc. by the news...

Comcast stock rises after ‘astounding’ growth in cable

Justin Sullivan/Getty Images Shares of Comcast Corp. are heading higher Thursday after the media giant topped revenue expectations across all three of its business segments...

Visa tops earnings expectations but feels the sting from travel slowdown

Visa headquarters in Foster City, Calif., in 2019. Getty Images Visa Inc. saw its overall payment volume grow for its fiscal fourth quarter, but the...

Coronavirus update: Global case tally above 24.5 million, U.S. nears 6 million and White House testing strategy dismays experts

The number of confirmed cases of the coronavirus illness COVID-19 worldwide rose above 24.5 million on Friday, while the U.S. tally neared 6 million, and...

Coronavirus update: Global case tally tops 24 million, U.S. tally above 5.8 million and experts say testing and tracing is crucial

The number of confirmed cases of the coronavirus illness COVID-19 worldwide climbed above 24 million on Thursday, and the U.S. tally topped 5.8 million, as...

Caterpillar’s stock swings lower as downbeat dealer inventory outlook, retail sales data follow earnings beat

Shares of Caterpillar Inc. fell on Friday, reversing early gains, following the construction and mining equipment maker’s post-earnings conference call with analysts, in which the...