(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. reported weaker results in some of its key businesses, underscoring fears the US economy is facing a bumpy road ahead. But that didn’t dent...
Tag: Earnings
Warren Buffett’s Berkshire Posts Fourth-Quarter Earnings Fall
Berkshire Hathaway operating earnings declined 8% in the fourth quarter to $6.7 billion after taxes, hurt by a drop in profits at the company’s railroad business and a decline in the U.S. dollar. Exc...
Cathie Wood Buys Millions In COIN Stock After Earnings Beat
ARK Invest, the technology innovation fund led by Cathie Wood, bulked up its Coinbase (COIN) holdings on Wednesday and Thursday. COIN stock fell along with cryptocurrency prices Friday. X Cathie Wood,...
For Nvidia Stock, It’s Game On!
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
Berkshire Hathaway Q4 earnings 2022
Warren Buffett. Gerald Miller | CNBC Berkshire Hathaway‘s operating profits fell during the fourth quarter as inflationary pressures weighed on the conglomerate’s businesses. Berkshire Hat...
3M stock sinks toward 10-year closing low, and longest losing streak in nearly 4 months
Shares of 3M Co. MMM, -1.02% fell 1.6% in afternoon trading Friday, putting them on track for a 10-year closing low, as the maker of Scotch adhesives, Command hooks, N95 masks and Post-it Notes, conti...
‘I think earnings can hang in there’
S&P 500 is trading down on Friday after the U.S. Bureau of Economic Analysis said the core personal consumption expenditures price index was up more than expected in January. Pro reacts to the inf...
Intel Cut Its Dividend. Home Depot, McDonald’s, and Other Stocks Could Be Next.
Intel is cutting its dividend. In a treacherous environment for the economy and profits, more companies could do the same. On Wednesday, Intel (ticker: INTC) cut its dividend by 66% to an annual 50 ce...
Nearing retirement? Here’s how to shift your portfolio from growth to income.
Over the decades, perhaps you’ve been very good at saving your money and investing it for long-term growth. But when the time comes for you to stop working or to step back to a part-time job, you migh...
Will The Upcoming Earnings of $PLUG Stock Follow Bullish Trend?
Plug Power Inc. (NASDAQ:PLUG) is an American company, headquartered in Latham, NY. It provides alternative energy technology that focuses on the design, development, commercialization, and manufacture...
Block Reports Q4 2022 Earnings With Less Focus on Bitcoin
Block Inc., Jack Dorsey’s payment business, reported fourth-quarter earnings missing expectations but touching revenue goals. Block’s gross earnings for Q4 2022 increased by 40% year-on-year to $1.6...
Concerns Over Chinese ‘Price War’ Sees Alibaba Stock Plunges Despite Major Earnings Beat
Alibaba, founded by Jack Ma, is the biggest e-business company in China. Getty Key Takeaways Alibaba has announced a major earnings beat, with net income rising 69% compared to the same time last year...
BASF plans further cost costs after posting $5.16 billion loss
BASF SE on Friday said that it is implementing further cost-saving measures at its Ludwigshafen facility as the German chemical company seeks to cut costs after a year which saw earnings fall. BASF BA...
Alibaba, NetEase Slump as Earnings Fail to Impress Investors
(Bloomberg) — China’s technology companies took a beating after more firms reported earnings, as price wars and geopolitical tensions cloud the growth outlook for the sector. Most Read from Bloo...
Intel Cut Its Dividend. These Stocks Could Be Next.
Intel is cutting its dividend. In a treacherous environment for the economy and profits, more companies could do the same. On Wednesday, Intel (ticker: INTC) cut its dividend by 66% to an annual 50 ce...
Cathie Wood’s Ark Invest Makes Largest Coinbase Stock Buy After Earnings
Cathie Wood’s investment management firm Ark Invest makes its largest Coinbase stock buy of the year. Cathie Wood remains bullish on crypto exchange Coinbase despite falling revenue and regulatory unc...
Intel Stock Looks Better After the Dividend Cut, Says Morgan Stanley
Morgan Stanley is getting more optimistic about Intel stock following the chip maker’s decision to reduce its dividend. Earlier this week, Intel (ticker: INTC ) announced a 66% dividend cut, reducing ...
Peugeot, Jeep Manufacturer Stellantis Reports Record Full-Year 2022 Earnings, Announces Massive Shareholder Payout
Automotive corporation Stellantis targets global BEV sales of 5 million by 2030 following its commendable full-year results. Stellantis recently posted its full-year 2022 earnings results, which show...
Intel stock has fallen enough, Morgan Stanley says in upgrade
Intel Corp.’s dividend cut helped earn the stock an upgrade Thursday, as Morgan Stanley now sees “limited downside” for the beaten-down name. Morgan Stanley’s Joseph Moore bumped his rating on Intel’s...
Carvana Posts Wider Q4 Loss. Used Car Demand Tumbled.
Online used-car dealer Carvana (ticker: CVNA) missed fourth-quarter earnings and revenue expectations and announced plans to cut about $1 billion in costs over the next six months while improving cust...
Beyond Meat Q4 earnings beat estimates, sending shares up 15% in after-market trading
Beyond Meat (BYND) reported fiscal fourth-quarter and full year 2022 earnings results that slightly beat Wall Street estimates Thursday, sending shares higher, up more than 15% in after-market trading...
Warner Bros. Discovery sinks on earnings miss, weak advertising revenue
Warner Bros. Discovery (WBD) reported disappointing quarterly results after the bell on Thursday as the company continues to grapple with increased cord cutting, more streaming competition, and a doub...
Warren Buffett’s Berkshire Hathaway Could Get an Occidental Stock Payoff
One of Berkshire Hathaway’s best investments in the past five years was its purchase of $10 billion of Occidental Petroleum preferred stock paying an 8% dividend yield. Occidental Petroleum (ticker: O...
Lantheus Shares Jump On Upbeat 2023 Guidance, Q4 Earnings Surpass Expectations
Lantheus Holdings Inc (NASDAQ: LNTH) reported Q4 revenue of $263.2 million, compared with $129.6 million for the fourth quarter of 2021, representing an increase of 103.1% Y/Y, beating the consensus o...
Beyond Meat (BYND) Q4 2022 earnings
Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California, June 5, 2019. Mike Blake | Reuters Beyond Meat on Thursday reported a narrowe...
Coinbase Q4 Earnings Report Exceeded Analysts’ Forecasts
Coinbase (COIN), the United States’ largest cryptocurrency exchange platform, announced its fourth-quarter earnings and beat analysts’ expectations with its $605 million net revenue and loss of $2.46 ...
Warner Bros Discovery (WBD) 4Q22
Pedestrians walk past a street commercial advertisement billboard from Warner Bros and DC comics character, The Batman, movie in Madrid. Miguel Candela | SOPA Images | Lightrocket | Getty Images Warne...
Coinbase Stock Whipsaws After Close on Better-than-expected Earnings
Coinbase posted higher-than-expected fourth quarter revenue after the close Tuesday, sending shares down an initial 1% in after-hours trading. The cryptocurrency exchange reported $605 million i...
Autodesk stock is biggest loser on S&P 500, Nasdaq-100 as Wall Street focuses on cash flow
Autodesk Inc. shares suffered their worst drop in more than a year after Wall Street focused on how the computer-assisted design software company’s shift in billing customers became a major drag on it...