Tag: earnings

Yeezy Gap collection is coming in the first half of 2021

Gap Inc. GPS, +7.60% says the highly anticipated Yeezy Gap collection, created in partnership with musician and designer Kanye West, whose label is called Yeezy,...

European stocks softer in aftermath of Fed Chair Powell’s comments

European stocks struggled on Friday, following sharp losses for Wall Street after Federal Reserve Chair Jerome Powell indicated the central bank wasn’t ready to stem...

Amid Scramble for COVID-19 Vaccine, Latin America Turns to Russia

LA PAZ (Reuters) – As Bolivia struggled late last year to secure deals with large drug firms to supply COVID-19 vaccines, the incoming president, Luis...

Opinion: These 2 pipeline stocks are undervalued and pay a fat dividend

Pipelines are undergoing a renaissance, but it’s not the one you think. The previous renaissance of shale oil and natural gas development was anything but...

Salesforce earnings live up to Benioff’s $20-billion goal, so now it’s on to the next one

Salesforce.com Inc. easily topped $20 billion in revenue for the first time in its recently completed fiscal year, so now it’s time for a new...

Need to report bitcoin trades on your taxes? Here are 5 things to know first

Treasury Department Secretary Janet Yellen is not big on bitcoin, a point she reiterated recently when she called the digital currency speculative and “inefficient.” That...

Square’s ‘Year of the Cash App’ finishes with debate over profits

Square Inc. capped off what one analyst called “The Year of the Cash App” with surging revenues and improved user growth for its mobile wallet,...

Stock Market: Broader markets may outperform Sensex, Nifty in next 6-12 months: Anshul Saigal

If earnings support the stock prices, then this may be a good time to add on to equities with a one to two year time...

Palo Alto Networks stock pressured by earnings outlook

Palo Alto Networks Inc. shares declined in the extended session Monday after the company’s earnings outlook fell short of the Wall Street consensus despite high...

Worldwide chip shortage expected to last into next year, and that’s good news for semiconductor stocks

A global shortage of semiconductors has pushed chip stocks to record highs, and analysts expect that chips will continue to be in short supply at...

The rational bubble is turning irrational — and the next few weeks are critical, strategist says

The action this week has been centered on the bond market, not the stock market, as Treasury yields have climbed in reaction to the progress...

Apple stock breaks below post-COVID uptrend line after largest shareholders disclose share sales

Shares of Apple Inc. sank to a one-month low Wednesday, and broke below two key chart levels in the process, after the technology behemoth’s two...

Ford accelerates toward an all-electric future in Europe, as part of its $22 billion EV investment

Ford is the latest automobile maker to announce ambitious new targets to switch to all-electric production of its cars by 2030 in Europe. The U.S....

Here’s the best of what international corporate leaders have been discussing on earnings calls

As much as U.S. companies have suffered from the pandemic, their global competition has struggled even more. Fourth-quarter earnings per share for S&P 500 companies...

Regulator objects to $9.2 billion sale of eBay arm in the latest move to protect online competition

In the latest move from regulators to protect competition in online marketplaces, the U.K.’s Competition and Markets Authority, or CMA, has objected to the sale...

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...

Uber rides recovering and delivery bookings rise 128%, but revenue misses expectations

Uber Technologies Inc. on Wednesday reported fourth-quarter and full-year results that showed a continued recovery from the effects of the coronavirus pandemic, but it continued...

Lyft shares surge nearly 11% as it posts narrower-than-expected full-year loss and signals optimism over rides

Lyft Inc. on Tuesday reported fourth-quarter results that showed there was a continued rebound in ride-hailing, but it was marred by an increase in COVID-19...

S&P 500 earnings recession set to end, as Q4 EPS swings to growth

The S&P 500 earnings recession is now set to end, as bottom-line results for the fourth quarter have swung to growth for the first time...

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...

Opinion: Apple justifies its huge valuation, while Tesla … not so much

The difference between two of the most popular stocks in America, Apple Inc. and Tesla Inc., stood out starkly Wednesday. Apple AAPL, -0.77% reported a...

Axis Bank Q3 takeaways: High slippages, provisions dent PAT, but loan growth lifts mood

MUMBAI: Axis Bank’s earnings for the quarter ended December left much to be desired as the lender reported lower-than-expected bottomline and net interest income. At...

Microsoft hits $40 billion in quarterly sales for first time, reports record earnings

Microsoft Corp. blew away earnings expectations Tuesday as it surpassed $40 billion in sales and $15 billion in profit in a quarter for the first...

Microsoft earnings: The SolarWinds hack may be a good thing for Azure

Microsoft Corp. got caught up into a massive cybersecurity attack late last year, but the unprecedented intrusion may actually end up being a positive for...

Dow futures sag ahead of big week for tech earnings

Stock-index futures traded mixed Monday, with tech-related shares surging ahead of a busy week of earnings that features results from tech giants Apple Inc., Tesla...