Amazon (AMZN) shares tanked nearly 20% in after-hours trading on Thursday after it reported misses on revenue and sales for its Amazon Web Services cloud business, along with disappointing fourth-quar...
Tag: Earnings
Amazon Stock Dives As Holiday Sales Outlook Clouds Q3 Profit Beat
Updated at 4:21 am EST Amazon Inc (AMZN) posted better-than-expected third quarter earnings Thursday, but forecast disappointing holiday sales despite adding an extra Prime shopping day event, sendi...
Amazon.com Third-Quarter Earnings Live Blog
Though Amazon.com’s stock soared after the company reported earnings in July, shares have more than given back their gains since, hurt by a market selloff and recent selling pressure in the shares of ...
AutoNation, Lithia rally despite Wall Street’s ‘demand destruction’ theory
Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images DETROIT – Shares of AutoNation, Group 1 Automotive and other automo...
Big Tech Trading Like Bitcoin on a Bad Day After Disappointing Earnings
Bitcoin managed to stay above $20,000 as Big Tech stocks continued their decline in after-hours trading Amazon lost more than 20% during the after-hours session Thursday while Meta closed Thursday nea...
Shares Plunge 20% After Dismal Earnings Reveal ‘Giant Red Flag’
Topline Shares of Amazon tanked to levels unseen in more than two years in after-hours trading after the ecommerce juggernaut reported revenue on Thursday that fell short of analyst expectations—makin...
Company Behind Tech Giant Google Says Crypto Bear Market Hurt Q3 Earnings – Here’s Why
The earnings of Google parent Alphabet Inc. are slowing down in part due to problems associated with the crypto bear market. According to the search engine giant’s parent company, a decline in the pur...
Southwest (LUV) earnings 3Q 2022
A Southwest Airlines Co. Boeing 737 passenger jet pushes back from a gate at Midway International Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021. Luke Sharrett | Bloomberg | Getty ...
Comcast (CMCSA) earnings Q3 2022
Comcast on Thursday reported third-quarter earnings that beat analyst estimates, despite seeing revenue slightly decline and continued softness in broadband customer growth. The company’s shares...
SHOP Stock: Shopify Earnings Beat, Revenue Growth Reaccelerates
Shares of e-commerce firm Shopify (SHOP) soared Thursday after the company reported a smaller-than-expected loss for the September quarter and revenue that topped analyst estimates. SHOP stock was up ...
McDonald’s (MCD) earnings Q3 2022
McDonald’s on Thursday said traffic to its U.S. restaurants is growing, helping the fast-food giant top analysts’ expectations for its quarterly earnings and revenue. The company is buckin...
Stocks mixed after GDP data, more earnings on tap
U.S. stocks were mixed Thursday as investors braced for another batch of tech earnings from Amazon (AMZN) and Apple (AAPL) and dissected a better-than-expected U.S. GDP report. The Dow Jones Industria...
Altria (MO) Q3 2022 earnings
Altria Group signage is displayed on a monitor on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Cigarette maker Altria Group on Thursday reported third-quarter ear...
Is the BP share price dirt cheap ahead of Q3 earnings?
BP (LON: BP) share price popped to the highest level since October 5 after the strong results by Shell. The stock rose to a high of 478p, which was about 13.4% from the lowest level this month. It has...
NatWest share price outlook after Lloyds weak earnings
NatWest (LON: NWG) share price has made a strong recovery in the past few days as stability returned in London. The shares rose to a high of 247p, which was the highest point since February 23rd. It h...
Google Links Bear Market-Induced Decline in Crypto Ads to its Missed Earnings
Google’s parent company, Alphabet, experienced a decline in revenue in part due to reduced spending in cryptocurrency advertising as a result of the ongoing bear market. A slowdown in crypto ads is ye...
Apple Reports Earnings Today. What to Expect.
Apple shares have been remarkably resilient in the face of this year’s tech stock selloff, falling less than 15% since the end of December, and sharply outperforming rivals Microsoft Alphabet and Amaz...
Q3 2022 earnings and overhaul
Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Images Credit Suisse on Thursday posted a quarterly loss that...
Exxon and Oil Giants to Post Stunning Earnings
A warning from President Biden could dampen the party atmosphere for Big Oil’s expected third-quarter earnings bonanza. Biden, who is worried about high gasoline prices, said last week that oil compan...
Ford Earnings Are Coming. What To Expect.
Third-quarter results from Ford Motor are due after the close of trading Wednesday. They should tell investors something about the state of the U.S. auto industry. Wall Street is looking for third-qua...
Investors and Analysts Holding Different Views for SOFI Stock Following Earnings Release
In the first week of November 2022, prominent fintech company SoFi Technologies Inc. will be releasing its earnings reports for the last quarter—that is Q3 2022. Along with the talks all over about th...
Harley-Davidson, Visa, Microsoft, Biogen and more
A mechanic works on a motorcycle at a Harley-Davidson showroom and repair shop in Lindon, Utah, on Monday, April 19, 2021. George Frey | Bloomberg | Getty Images Check out the companies making headlin...
Intel stock rises on earnings beat, plans for layoffs, billions in cost cuts planned
Intel Corp. shares rose after hours Thursday after the chip maker topped Wall Street earnings estimates for the quarter and PC-chip sales came in slightly higher than expected, while the company trimm...