Updated at 5:42 pm EST Amazon Inc (AMZN) – Get Amazon.com, Inc. Report posted a surprise first quarter loss Thursday, thanks in part to a $7.6 billion write down on its investment in EV maker R...
Tag: Earnings
AAPL surges as the company beats earnings expectations and nets two patents for mixed reality devices
Market participants widely speculate that Apple (NASDAQ: AAPL) is working on mixed reality (MR) headset which is supposed to be announced sometime next year. The United States patent office has offici...
Robinhood Shares Crater After Dismal Earnings, Monthly Active Users Fall 10% From A Year Ago
Topline Shares of stock trading app Robinhood tanked roughly 8% late on Thursday after the company reported dismal first quarter earnings which showed that the platform lost over a million users and r...
Apple Q2 earnings preview: ‘I think this will be a very good quarter’
Apple Inc (NASDAQ: AAPL) is scheduled to report its Q2 financial results on Thursday, after the bell. Ahead of earnings, the stock is up 5.0%. Jon Najarian reveals his expectations Peer Microsoft repo...
McDonald’s (MCD) Q1 2022 earnings beat estimates
McDonald’s on Thursday reported better-than-expected earnings and revenue, fueled by price hikes in the U.S. and strong international sales growth. But the war in Ukraine and inflation in the fa...
Pinterest (PINS) Stock Sees Sharp Jump After Q1 2022 Earnings
PINS stock jumped 8% in after-market hours as the company’s ad revenue per user was up 28% at $1.33. On Wednesday, April 27, social media giant Pinterest (NYSE: PINS) reported its first-quarter (Q1) e...
Southwest Airlines 2022 profit forecast sees bookings, fares outpacing costs
A Southwest Airlines jet lands at Midway International Airport on January 28, 2021 in Chicago, Illinois. Scott Olson | Getty Images Southwest Airlines reiterated its forecast for second-quarter and 20...
Robinhood announces layoffs ahead of first-quarter earnings release
Brokerage app company Robinhood has laid off “approximately 9%” of its global staff, according to a blog post from the firm’s CEO Vlad Tenev. In the post, Tenev cited a period of sig...
Merck (MRK) earnings Q1 2022
Medicine pill is seen with Merck logo and words ‘Molnupiravir’ and ‘COVID-19’ displayed on a screen in the background in this illustration photo taken in Poland on November 5, ...
McDonald’s Q1 earnings slightly beat, digital orders boost sales
McDonald’s (MCD) on Thursday posted its first-quarter 2022 earnings results before market open that slightly beat Wall Street’s expectations, boosted by strong digital sales, menu price in...
PayPal Trims 2022 Outlook But Beats Revenue Forecast
PayPal lowered its forecast for adjusted profit for 2022 to a range of $3.81 to $3.93 a share. Justin Sullivan/Getty Images Text size PayPal Holdings said its first quarter was a “solid start” but cut...
Ford Posts $3.1 Billion First-Quarter Loss, Maintains 2022 Outlook
Ford Motor Co. F 0.95% swung to a net loss of $3.1 billion in the first quarter, a reversal largely driven by a steep loss in valuation of its stake in electric-vehicle startup Rivian Automotive Inc. ...
ServiceNow Stock: Earnings Top Estimates, Guidance Meets Views
ServiceNow stock popped Wednesday after the enterprise software maker reported March-quarter earnings and revenue that topped analyst estimates. Revenue guidance for the company met expectations amid ...
Teladoc stock plunges more than 30% after earnings outlook slashed, massive impairment charge
Shares of Teladoc Health Inc. were slammed in after-hours trading Wednesday, after the telemedicine company took an impairment charge of more than $6.5 billion and slashed its full-year outlook. Telad...
Spotify stock sinks to lowest prices ever as CEO insists it is not like Netflix
Spotify Technology SA shares dove to their lowest prices on record Wednesday as subscriber gains continue to slow faster than analysts expected, but the streaming-music service’s chief executive insis...
Credit Suisse Records Losses in Its Q1 2022 Earnings Report
Credit Suisse unveiled through the earnings report that there will be a significant change in its management moving forward. Swiss multinational banking giant Credit Suisse Group AG (SWX: CSGN) has pu...
CEO reportedly laments red ink incurred from Air Force One deal as Boeing posts $1.2 billion first-quarter loss
Boeing said Wednesday that it lost $1.2 billion in the first quarter as it took large write-downs and lost money in both its civilian-airplane and defense businesses. The loss was bigger than Wall Str...
Apple Reports, Amazon Earnings, McDonald’s Outlook: 3 Things to Watch
By Sam Boughedda Investing.com – U.S. stocks climbed out of a deep hole on Wednesday, lifted by strong earnings reports from Microsoft Corporation (NASDAQ:MSFT) and Visa Inc Class A (NYSE:V) that help...
Ford earnings beat expectations, stock rises after hours
After the launch of its highly anticipated F-150 Lightning electric pickup on Tuesday, Ford’s (F) big week continues with a Q1 revenue and earnings beat. The company reported: However, the company rep...