(Bloomberg) — Earnings from high-profile technology companies last week ranged from uninspiring to downright disastrous. But that didn’t stop traders from scooping up tech stocks ahead of more p...
Tag: Earnings
Walmart Inc (WMT) Stock Price analysis : Will Walmart stock price react positively in the coming Q4 earnings ?
Walmart Inc stock price is stuck inside the rising parallel channel WMT stock price is near to the 50 and 200 day EMA Walmart Inc stock technical indicators are turning bullish Walmart Inc stock...
Where Are Stocks, Bonds and Crypto Headed Next? Five Investors Look Into Crystal Ball
A new trading year kicked off just weeks ago. Already it bears little resemblance to the carnage of 2022. After languishing throughout last year, growth stocks have zoomed higher. Tesla Inc. and Nvidi...
Bitcoin clings to $23,000 as crypto stocks rally
After a rally above $23,800, bitcoin bounced back from a temporary drop below $22,600 earlier in the week, to level out just over $23,000 today for a small 1.6% weekly gain. Ethereum dropped nearly 5....
Apple Stock Climbs Off Lows As Earnings Optimism Builds: 3 Other FAANG Stocks Dominate Earnings Calendar
Apple (AAPL) is among a group of large-cap technology stocks set to report in the coming week, along with Amazon (AMZN), Google parent Alphabet (GOOGL), Meta Platforms (META), Advanced Micro Devices (...
ExxonMobil Likely to Report Surge in Q4 Earnings
ExxonMobil’s Key Stats Q4 2022 (est) Q4 2021 Q4 2020 Adjusted EPS $3.27 $2.06 $0.03 Revenue $111B $85B $46.5B Gross margin 16.9% 21.5% 9.9% Source: Visible Alpha The results sho...
Intel’s Data Warning Hits AMD and Nvidia Stock. A Chip Sector Upheaval Is Near.
Intel ‘s disappointing results and warning of a contracting data-center market knocked the stock in some of its key rivals on Friday. Intel (ticker: INTC) shares were down 10% in premarket trading af...
Carvana stock soars in active trading to lead the NYSE’s gainers
Shares of Carvana Co. CVNA, +19.54% soared 20.8% in active afternoon trading Friday, enough to pace the New York Stock Exchange’s (NYSE) gainers list. Trading volume swelled to 28.6 million shares, al...
Apple Stock Climbs Wall Of Worry Ahead Of Earnings Report
Consumer electronics giant Apple (AAPL) faces numerous concerns ahead of its December-quarter earnings release next week. But Apple stock has been rising ahead of the report. X The Cupertino, Calif.-b...
What will the Fed and Jerome Powell do next week?
Jittery U.S. investors are still in “bad news is good news” mode because they want to see interest rates decline. And they expect to get what they want, as shown by the inverse yield curve. Two-year U...
Boeing’s Terrible Earnings Have Left Wall Street More Bullish. Here’s Why.
Free cash flow at commercial aerospace giant Boeing has stabilized. Earnings, however, are all over the place. That isn’t bothering Wall Street, though—the stock remains attractive and target prices a...
Plug Power Stock Took a Dive. Here’s What Wall Street Thinks.
Shares of hydrogen and fuel cell technology company Plug Power took a hit after the company gave a disappointing update about how 2022 finished off. But Wall Street is still bullish about 2023. Wednes...
3M Stock Plunges In Response To Lower-Than-Expected Revenue
Education Images/Universal Images Group via Getty Images Key takeaways 3M posted lower-than-expected revenue for the fourth quarter of 2022 The company is cutting approximately 2,500 jobs 3M stock pri...
Verizon Stock Has A Bumpy Ride After Just Meeting Expected Earnings
Verizon Getty Images Key takeaways Verizon met analysts’ expectations for adjusted earnings per share and revenue Verizon was able to add a large number of new wireless subscribers in the fourth quart...
Strong earnings from Tesla, United Rentals helped lift market
CNBC’s Jim Cramer said that Thursday’s rally is thanks to a batch of strong company earnings. “I’ve said over and over again that during earnings season, what matters is compan...
LVMH optimistic as Chinese shoppers and tourists return
Bernard Arnault, Chairman and CEO of LVMH Moet Hennessy Louis Vuitton, attends a news conference to present the 2022 annual results of LVMH in Paris, France, January 26, 2023. Gonzalo Fuentes | Reuter...
American Express stock climbs after dividend boost, upbeat earnings forecast
American Express Co. exceeded $50 billion in annual revenue last year for the first time, buoyed by continued strong spending levels among its customer base. While the card giant came up short of prof...
Colgate-Palmolive reports Q4 beat, despite ‘challenging macroeconomic conditions’
Colgate-Palmolive Co.’s CL, -5.31% fourth-quarter results beat analysts’ top and bottom-line expectations before market open Friday. The company earned 1 cents a share, compared with 18 cents a share ...
Here’s Goldman’s ‘most important takeaway’ from Musk’s earnings call
Goldman Sachs sees one heck of an electrified move in Tesla stock (TSLA) over the next twelve months. Analyst Mark Delaney, who maintained a Buy rating and $200 price target on the stock, reiterated h...
Chip glut batters semiconductor industry as Intel shares lose almost all their 2023 gains after dismal earnings
The cooling of the semiconductor market is happening faster—and proving colder—than companies might have expected, as chip firms across the board face a tougher market due to a combination of excess i...
IBM’s layoffs aren’t helping the stock, as analysts still fret about cash flow
International Business Machines Corp. shares slumped Thursday after analysts picked apart Big Blue’s free cash flow results and outlook amid layoffs, and found a “mixed blessing” in the company’s driv...
Energy Earnings Could Drop 11%
After two years of skyrocketing growth, oil and gas earnings are now past their peak. The good thing for the stocks is that the peak was remarkably high, and the decline is likely to be very gradual. ...
After United Airlines win, Boeing is involved in ‘more big orders,’ CEO says
Boeing Co., which recently clinched a major deal with United Airlines Holdings Inc. for hundreds of its jets, also has some other big deals, according to CEO Dave Calhoun. “We’re involved in more big ...
Tesla Q4 Earnings Report Reveals $34M Loss in Bitcoin Holdings
11 hours ago | 2 mins read Bitcoin News The electric vehicle maker recorded $34 million in impairment charges. Tesla’s total cryptocurrency holdings amounted to 10,725 BTC. In its most recent financia...
Opinion: Intel just had its worst year since the dot-com bust, and it won’t get better anytime soon
Intel Corp. ended 2022 with its worst financial results since the dot-com bust more than 20 years ago, thanks to a double whammy of a downturn in both PCs and data centers that isn’t going to turn aro...
AMD earnings face even more scrutiny after ‘astonishingly bad’ Intel outlook
Advanced Micro Devices Inc. gets to show Wall Street if it “certainly” ended 2022 in a better place, after the price of clearing inventory helped gut results from rival Intel Corp. AMD AMD, +0.32% is ...