Consumer electronics giant Apple (AAPL) will report June-quarter results late Thursday and Wall Street’s expectations are pretty low. Still, AAPL stock has been climbing ahead of the news. X Ana...
Tag: Fiscal
FedEx up on Q4 earnings: ‘we expect further momentum in fiscal 2023’
FedEx Corporation (NYSE: FDX) reported in-line earnings for its fiscal fourth quarter on Thursday. Shares are up 3.0% in extended trading on better-than-expected guidance for fiscal 2023. FedEx Q4 ear...
El Salvador Finance Minister: Bitcoin Crash Poses ‘Extremely Minimal’ Fiscal Risk
The ongoing crypto market crash poses an “extremely minimal” fiscal risk to El Salvador, which has purchased millions in Bitcoin for its treasury, the country’s finance minister said...
Bitcoin Crash Puts ‘Extremely Minimal’ Fiscal Risk on El Salvador, Finance Minister Says – crypto.news
El Salvador’s finance minister said on Monday that the country’s economy would not be affected by the sudden drop in the value of bitcoin. Despite the criticism from international agencies and the Int...
El Salvador’s Finance Minister Says Bitcoin Crash Will Not Affect Country’s Fiscal Health
El Salvador’s Finance Minister Alejandro Zelaya has revealed that the recent crash in Bitcoin and crypto prices has minimal risk to the country’s fiscal health. El Salvador Records $40M Paper Loss in ...
Fiscal Risk of Bitcoin Crash ‘Extremely Minimal’ Says El Salvador Minister
The Finance Minister of El Salvador downplayed the impact a significant drop in bitcoin’s price could have on the Central American nation’s finances. “When they tell me that the fiscal risk for El Sal...
El Salvador’s Fiscal Risk Is Extremely Minimal Despite BTC’s Crash, Says Finance Minister
The first nation to legalize BTC inside its borders sits on a substantial unrealized loss from its bitcoin stack. However, its Finance Minister, Alejandro Zelaya, reassured that the most recent market...
Analog Devices tops fiscal Q2 2022 earnings and revenue estimates
Analog Devices (NASDAQ: ADI) has announced its fiscal Q2 2022 financial results for the quarter ending April 30, 2022. The company reported revenue of $2.97 billion, beating consensus estimates of $2....
Australia plans to tax cryptocurrencies during the current fiscal year
The Australian Taxation Office (ATO) has announced its plan to start focusing on cryptocurrency taxation. The tax body said it would require Australians dealing in cryptocurrencies to start reporting ...
Disney (DIS) fiscal Q2 2022 earnings
In this photo illustration a close-up of a hand holding a TV remote control seen displayed in front of the Disney+ logo. Thiago Prudencio | SOPA Images | LightRocket | Getty Images All eyes will be on...
Peloton (PTON) fiscal Q3 2021 earnings
A Peloton stationary bike for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton on Tuesday reported a wi...
1-800-Flowers (FLWS) reports fiscal Q3 2022 results
Chris McCann, CEO, 1-800-Flowers Scott Mlyn | CNBC Valentine’s Day wasn’t enough for 1-800-Flowers last quarter. Shares of the company, at one point halted for volatility, tumbled 17% Thur...
Union Pacific incrementally took share from trucks in its fiscal Q1
Union Pacific Corporation (NYSE: UNP) opened nearly 2.0% up on Thursday after reporting solid results for its Q1. Shares, however, gave up the intraday gain later as the railroad company said fuel pri...
Tesla Q1 results: Dan Ives is cautious for current fiscal quarter
Tesla Inc (NASDAQ: TSLA) reported its financial results for the first quarter on Wednesday that handily beat the Wall Street expectations. Shares popped up over 5.0% in after-hours trading. Notable fi...
Zoom Video Communications to focus on M&A in fiscal 2023
Shares of Zoom Video Communications Inc (NASDAQ: ZM) have been in a freefall ever since they peaked at $559 in mid-October 2020. But the company’s finance chief has a strategy for fiscal 2023 th...
Tesco disappoints on guidance for fiscal 2023
Shares of Tesco plc (LON: TSCO) are down roughly 5.0% on Wednesday after the largest British retailer said its adjusted operating profit in fiscal 2023 will slide due to inflation and new investments....
JPMorgan’s profit sinks 42% YoY in fiscal Q1
Shares of JPMorgan Chase & Co (NYSE: JPM) opened nearly 4.0% down on Wednesday after the Wall Street bank reported lower-than-expected net income for its fiscal first quarter. Notable figures in J...
BioNTech reports unbelievable YoY growth for its fiscal Q4
BioNTech SE shares (NASDAQ: BNTX) opened 8% up on Wednesday after the pharmaceutical company handily beat Street expectations for Q4 earnings and revenue. Notable figures in BioNTech Q4 earnings repor...
Wall Street bonuses climb to record $257,500 per worker last year, New York’s fiscal chief says
People walk along Wall Street in the financial district of Manhattan on September 29, 2021 in New York City. Spencer Platt | Getty Images The average bonus paid to securities industry employees in New...
Nike Sees Sales Growth in Fiscal 2022 Q3 Performance
Nike has provided its shareholders with increased dividends payouts for 20 consecutive years. Similarly, in the fiscal Q3, Nike returned about $1.7 billion to all its shareholders. American multinatio...
Nike (NKE) reports fiscal Q3 2022 earnings
A man walks in front of a Nike products exhibit, on February 22, 2021 in New York City. John Smith | Corbis News | Getty Images Nike on Monday reported earnings and sales for the fiscal third quarter ...
Asia’s First ETF Will Launch in India by End of Fiscal Year
Since November 2021, investors in India have been able to take positions on the cryptocurrency market without having to “put skin in the game,” which means that they have the option to actively partic...
SentinelOne Stock Falls On Quarterly Earnings, Fiscal 2023 Guidance
Cybersecurity firm SentinelOne (S) on Tuesday reported January-quarter earnings and revenue that edged by estimates. SentinelOne stock fell even though its revenue forecast for the current fiscal year...
DOCU Stock Tumbles As Fiscal 2023 Revenue Guidance Misses Estimates
DocuSign stock plunged after its January-quarter earnings met estimates and revenue topped views, but fiscal 2023 guidance for DOCU stock came in well below expectations. DocuSign stock tumbled 13.7% ...
CRWD Stock Jumps As Fiscal 2023 Outlook Handily Beats Estimates
CrowdStrike Holdings (CRWD) on Wednesday reported January-quarter profit and revenue that handily beat estimates. CRWD stock jumped as fiscal 2023 guidance came in well above expectations. X Sunnyvale...
SNOW Stock Plunges On Fiscal 2023 Revenue Growth Guidance
Snowflake earnings on Wednesday showed a narrower-than-expected loss for the January quarter while revenue topped estimates. But the company’s fiscal 2023 revenue forecast merely edged by expect...
Home Depot announces Q4 and fiscal year results tomorrow. Will it maintain the momentum or will it crash?
The Home Depot, Inc. (NYSE:HD) lost 15.12% YTD. For the wide-moat consumer cyclical stock, the shedding in price from $408 to $346 YTD is primarily due to economic cycles. High rates of inflation cont...
India’s CBDC to Arrive in the Next Fiscal Year, Crypto Income to be Taxed 30%
Nirmala Sitharaman – Finance Minister of India – reportedly disclosed that the country’s central bank will launch a digital currency in the next financial year (running between April 1 and March 31). ...
India to tax crypto income at 30%, launch CBDC in the fiscal year 2023
India has provided a much-anticipated clarity on crypto taxation in its Union Budget for the fiscal year 2022-23. The budget, presented on Tuesday by India’s Finance Minister Nirmala Sitharaman,...
Visa Customers Made $2.5B in Crypto-Linked Payments in Fiscal Q1
Visa users made $2.5 billion in payments with crypto-connected cards during the company’s fiscal first quarter ended Dec. 31, Visa CEO Al Kelly said on the company’s earnings call Thursday. The ...
What’s Next For Fiscal And Monetary Policy?
The COVID-19 pandemic has had significant impact on our domestic economy. It comes as no surprise that the ongoing pandemic will continue to influence our economic policies for years to come. The chal...