These are boom times for annuities, which are providing retirement savers and investors with not only their hallmark stability during what has been a dismal year for both stocks and bonds, but also th...
Tag: Earnings
Latvian NFT artist faces 12 years in jail over ‘money laundering’, €8.7 million art earnings frozen
A Latvian developer and artist identified as Ilya Borisov is facing up to 12 years in prison after authorities claimed that his non-fungible tokens (NFT) earnings of €8.7 million are proceeds of money...
Micron Stock Is Slipping. Morgan Stanley Turned Bearish.
Text size Morgan Stanley analyst Joseph Moore downgraded Micron to Underweight from Equal Weight. Dreamstime Micron Technology stock is lower Friday after Morgan Stanley analyst Joseph Moore issued a ...
Biogen tops Q2 2022 earnings and revenue estimates
Biogen Inc (NASDAQ: BIIB) has announced a Q2 2002 revenue of $2.589 billion. GAAP net income was $1.058 billion or $7.24 per diluted share, and non-GAAP net income was $767 million or earnings of $5....
Morgan Stanley reports mixed Q2 2022 earnings results
Morgan Stanley (NYSE: MS) has announced its Q2 2022 earnings results that missed estimates. The Company reported earnings of $1.44 per share, missing analysts’ estimates of $1.57 per share. Revenue wa...
People Are Backing Out of Home Purchases
Text size D.R. Horton said its cancellation rate was 24% in the latest quarter. Above, contractors at a D.R. Horton development in Florence, Ariz. Caitlin O’Hara/Bloomberg In its most recent qua...
Apple and Microsoft Report Earnings Next Week. Can a Fed Rate Hike Top Them?
Text size Earnings from Big Tech are next week. But so is the Federal Reserve’s announcement on interest rates. Krisztian Bocsi/Bloomberg Big Tech earnings season will shift into fifth gear next...
Verizon shares fall after company cuts full-year forecast
A Verizon store in San Francisco, California, U.S., on Tuesday, July 20, 2021. Bloomberg | Getty Images Shares of Verizon fell Friday after the company reported second-quarter earnings that fell shy o...
Weekend reads: Prepare for a big week — a crucial Federal Reserve decision, tech-company earnings and a GDP report
It was mostly a week for stocks, particularly a rebound in the tech-heavy Nasdaq Composite Index, as companies topped expectations on second-quarter earnings. The coming week brings a heavy dose of t...
Natural Gas Stocks: These Natural Gas Producers Are Reporting Earnings Soon
Range Resources (RRC) is set to announce second-quarter earnings Monday as the price of natural gas has increased amid rising demand in Europe and the U.S. Natural gas stocks generally fell Friday, de...
Dow Jones Futures: Apple Leads Earnings Wave, Fed Rate Hike Looms; What To Do Now
Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally had strong gains last week, breaking above some key resistance. Techs pulled ba...
Dow Jones Futures Fall With Market Rally Still Missing This; Tesla Rises On Earnings
Dow Jones futures were little changed early Thursday, along with S&P 500 futures and Nasdaq futures, with Tesla earnings in focus. The stock market rally added to momentum Wednesday, led by techs ...
Twitter Blames Elon Musk Buyout “Uncertainty” for Missed Q2 Earnings Numbers
Twitter announced its Q2 2022 financial results on Friday, revealing lower-than-expected numbers for revenue, earnings, and user growth. When naming reasons for the slowdown, the company placed partia...
Twitter Cancels Q2 Earnings Call, Citing Elon Musk’s ‘Pending Acquisition’
Twitter, Inc canceled this month’s quarterly earnings call today, citing its ongoing litigation against Elon Musk, the billionaire CEO of Tesla, whose beleaguered attempt to withdraw from a planned mu...
Netflix Stock Stronger Than It Seems Following Q2 Earnings
Netflix is trading at a 10-year historic low valuation, which means this is an opportune time to discuss the pros and cons of this stock should there be upside potential. The lagging discussion on Net...
Verizon Stock Set for Worst Week Since 2008. Time to Buy?
Yesterday it was AT&T (T) – Get AT&T Inc. Report; today it’s Verizon (VZ) – Get Verizon Communications Inc. Report. The stocks of the country’s two largest telecom companies are...
Verizon Stock Falls Sharply on Cut to Earnings Guidance
Text size Verizon said wireless revenue growth for the year will be between 8.5% to 9.5%, lower than previous guidance. David Paul Morris/Bloomberg Verizon Communications posted second-quarter earning...
An Earnings Season Survival Guide
Earnings seasons is heating up getty For most investors, an important part of stock analysis hinges on earnings season—the four times in a year when publically traded companies release their quarterly...
Twitter Q2 earnings: ‘fundamentals matter a lot’
Twitter Inc (NYSE: TWTR) shares are in the red this morning after the social media and microblogging company reported disappointing results for its fiscal second quarter. Key takeaways from Twitter Q2...
Twitter Posts $270 Million Loss In First Earnings Report Since Elon Musk ‘Terminated’ $44 Billion Takeover Deal
Topline Social media giant Twitter posted a worse-than-expected loss Friday morning in its first earnings report since billionaire Elon Musk backed out on a deal to buy the company, fueled in part by ...
American Express, Verizon, Schlumberger and more
Check out the companies making headlines before the bell: American Express (AXP) – American Express rallied 4.5% in the premarket after beating top and bottom line estimates for the second quarter. Ca...
Twitter’s Q2 earnings approach at a pivotal time for the company
Twitter’s (TWTR) Q2 earnings this Friday come at a high-stakes moment for the social media company. It’s a tricky time for a flurry of reasons. First, the company isn’t talking. Due ...
CEOs say they are raising prices, cutting costs as inflation dominates post-earnings conversations
NEW YORK, NEW YORK – MAY 02: Elon Musk attends the 2022 Costume Institute Benefit celebrating In America: An Anthology of Fashion at Metropolitan Museum of Art on May 02, 2022 in New York City. ...
Snap plummets 26% after company misses earnings and pulls guidance
In after-hours trading on July 21, Snap’s (NYSE: SNAP) stock plummeted by 26.8% following its earnings announcement. Despite topping expectations on net user additions, the company fell short of reven...
ITV share price has crashed. Is it a buy ahead of earnings?
ITV (LON: ITV) share price has been in a strong downward trend as investors react to the significant revenue and earnings decline. Shares of the former FTSE 100 company are trading at 70p, which is ab...
QCOM Stock, Apple Surge Off Lows Ahead Of Quarterly Earnings Reports
Second-quarter earnings season is underway amid newfound strength in the major stock indexes. The coming week is chock full of high-profile earnings reports, including results from Qualcomm (QCOM). QC...
AT&T earnings were ‘actually good’ despite stock selloff, says analyst
AT&T Inc.’s shares fell sharply Thursday after the telecommunications giant cut its free-cash-flow forecast for the year, but one analyst said the latest report wasn’t all bad. In fact, LightShed ...