Shares of Microsoft Corp (NASDAQ: MSFT) are up 4.0% in extended hours even though the tech behemoth reported a slightly weaker-than-expected revenue for its second financial quarter. Why is Microsoft ...
Tag: Earnings
Microsoft earnings beat expectations, cloud growth continues to slow
Microsoft (MSFT) announced its Q2 earnings after the bell on Tuesday, barely missing analysts’ expectations on revenue and beating on earnings per share. Here are the most important numbers from...
Microsoft Second-Quarter Earnings Live Blog
Microsoft’s disclosures about how corporate tech spending is shaping up in 2023 will get close attention as the software giant reports on Tuesday afternoon. Among analysts polled by FactSet, the conse...
Microsoft, Texas Instruments, Capital One & more
A building with offices belonging to Microsoft is seen in Chevy Chase, Maryland, January 18, 2023. Saul Loeb | AFP | Getty Images Check out the companies making headlines after the bell: Microsoft — ...
Investor Jeremy Grantham dismisses bitcoin’s latest rally as crypto prices tread water
Cryptocurrency prices meandered in early trading, with bitcoin unable to break past $23,000 on a consistent basis. Crypto stocks were marginally lower. Bitcoin gained 0.1% in the past day to $2...
3M Stock Slumps On Q4 Earnings Miss, Grim 2023 Profit Outlook
Updated at 9:16 am EST 3M Co. (MMM) – Get Free Report shares slumped lower Tuesday after the industrial group posted weaker-than-expected fourth quarter earnings, while unveiling 2,500 job cuts...
Raytheon sales fall slightly short of estimates as it announces to realign into three business segments
Raytheon Technologies Corp. RTX, -0.54% said Tuesday it had net income of $1.422 billion, or 96 cents a share, in the fourth quarter, more than double the $686 million, or 46 cents a share, posted in ...
Halliburton stock jumps after profit beats expectations, dividend raise boosts yield to near 1.6%
Shares of Halliburton Co. HAL, -0.29% jumped 1.8% in premarket trading Tuesday, after the oil services company beat fourth-quarter profit expectations and matched on revenue, while raising its dividen...
3M stock dips after earnings miss, company plans to cut 2,500 jobs
Shares of 3M Co. MMM, +1.63% were down nearly 4% in premarket action Tuesday after the manufacturing giant missed profit expectations for the latest quarter and delivered a downbeat earnings outlook f...
GE stock falls after earnings, FCF beat expectations but outlook was downbeat
Shares of General Electric Co. GE, +2.69% fell 2.2% in premarket trading Friday, after the industrial conglomerate reported fourth-quarter profit, revenue and free cash flow (FCF) that beat expectatio...
Intel may provide another earnings surprise for investors, analyst warns
Intel may report another negative earnings surprise when it reports fourth quarter results and guidance on Thursday, according to Citi. “We expect Intel to guide below the normal seasonal range ...
Boeing Stock, 3 Chip-Equipment Giants Highlight Busy Earnings Calendar; Tesla Also On Deck
Boeing stock has been a great price performer in the Dow Jones Industrial Average in recent months. Besides Boeing (BA), the earnings calendar has plenty of reports from the semiconductor sector, incl...
Boeing Has Been Rising but Its Ascent Has Stalled in Advance of Earnings
Boeing (BA) is expected to report fourth-quarter earnings on Wednesday before the market opens. Let’s check the charts and flight plan for this Dow Jones Industrial Average component. In this da...
Verizon earnings preview: After stemming losses, can real momentum now build?
Verizon Communications Inc. already disclosed that it reversed its negative subscriber trends in the fourth quarter, but there’s more to be shared about the company’s story. The wireless giant is set ...
Buy Tesla stock ahead of earnings, analyst says
Bet the farm on battered Tesla (TSLA) stock ahead of the company’s hotly anticipated earnings report on Wednesday, contends Canaccord Genuity analyst George Gianarikas. “Buy [Tesla stock] ...
Cramer says these 6 ‘positives’ could lift stocks in earnings season
CNBC’s Jim Cramer on Monday said that several elements could help propel stocks higher, even during what could be an ugly earnings season. Tuesday kicks off a new earnings season featuring some ...
Johnson & Johnson Might Need a Band-Aid Ahead of Earnings
Johnson & Johnson (JNJ) is expected to report its latest quarterly earnings on Tuesday before the stock market opens. The shares have been weak so far this month so let’s review the conditio...
AT&T could ‘turn the corner’ on a key metric this year
AT&T Inc. scored praise for its subscriber performance last year, and now the company will look to win over Wall Street on another key metric. Subscriber numbers are a major focus for wireless com...
GE Earnings Due Tuesday, Outlook Key; GE Stock Gains
General Electric (GE) delivers earnings for the fourth quarter early Tuesday as commercial aviation continues to recover while global recession worries grow. GE stock was little changed early Monday. ...
Stocks waver as big earnings week begins
U.S. stocks gained Monday as investors braced for a jam-packed week of corporate earnings and contemplated the Federal Reserve’s next rate move ahead of the central bank’s meeting later th...
Small-cap companies are going after naked short sellers in growing numbers: ‘It’s the biggest risk to the health of today’s public markets’
A growing number of small-cap companies are announcing plans to go after naked short sellers, claiming their stocks are being artificially depressed by illegal trading activity. Verb Technology Co. In...
Morgan Stanley Warns ‘Imminent’ Earnings Recession Will Tank Stocks—But Here’s When The Bear Market Could End
Topline As earnings season kicks off, Morgan Stanley’s investment chief is warning clients that incoming reports will likely disappoint investors, pushing major stock indexes to two-year lows ev...
Salesforce Stock Leaps As Elliott Management Builds Activist Stake
Updated at 6:10 am EST Salesforce (CRM) – Get Free Report shares were marked firmly higher Monday following reports that activist investor Elliott Management has taken a stake in the world̵...
Verizon’s stock falls after earnings outlook comes up short
Verizon Communications Inc. returned to positive subscriber growth in its consumer postpaid phone business for the fourth quarter, but shares of the wireless giant dipped in morning trading Tuesday af...