Text size “We abandon our Sell rating…seeing no indication that our thesis is playing out,” wrote New Street Research analyst Pierre Ferragu. Sascha Steinbach/Getty Images for Apple One of Wall Street...
Tag: Sales Figures
Apple Stock Rises on Strong iPhone Sales
Text size Once again, the Apple story will be dominated by the strength of iPhone demand. Hector Retamal/AFP via Getty Images Apple reported better-than-expected results for its December quarter late ...
Apple Reports Earnings Today. Here’s What to Expect.
Text size Once again, the Apple story will be dominated by the strength of iPhone demand. Hector Retamal/AFP via Getty Images Apple will report financial results for the December quarter after the clo...
Lam Research notes fresh supply-chain issues, hurting stock and casting pall over chip-equipment sector
Lam Research Corp. shares sank 6% in late trading Wednesday after the chip-equipment supplier reported worse-than-expected fiscal second-quarter revenue and third-quarter guidance, which the chief exe...
Opinion: Microsoft stock’s post-earnings roller-coaster ride won’t be the last
Microsoft Corp. reported incredibly strong holiday-season earnings Tuesday afternoon, topping $50 billion in quarterly sales for the first time and beating expectations across the board. Yet the stock...
IBM Earnings Are Strong as Turnaround Takes Hold
Text size IBM sales were up 6.5% in the fourth quarter, to $16.7 billion. Ethan Miller/Getty Images IBM posted strong results Monday for its fourth quarter, with its best sales growth in more than a d...
IBM stock rallies as earnings, sales surge amid Kyndryl spinoff
International Business Machines Corp. shares rallied in the extended session Monday after Big Blue topped Wall Street expectations following the spinoff of its managed infrastructure-service business,...
Plug Power Just Gave Bullish 2022 Sales Guidance. The Stock Is Down.
Text size Investors will be listening to Plug Power’s conference call to hear how hydrogen technology is developing and being adopted. Courtesy Plug Power Hydrogen fuel cell technology provider ...
Rolls-Royce, Bentley, BMW Sales Surge as Cheaper Brands Lag Behind
BERLIN—A surge in luxury-car sales and the shifting of scarce semiconductors to the most profitable vehicles helped many auto makers achieve robust profits last year, even as sales of mainstream vehic...
GrowGeneration Stock Tumbles. The Hydroponics Market Is Slowing.
Text size CNW Group/GrowGeneration Corp. Shares of GrowGeneration fell sharply Thursday after the gardening products retailer lowered guidance due to a general slowdown in the hydroponics market. The ...
FuboTV Boosts Revenue Projections. But the Stock Is Falling.
Text size Rafael Henrique/Dreamstime.com FuboTV Monday boosted its fourth-quarter revenue guidance, saying it expects revenue of $215 million to $220 million, higher than previous estimates. The strea...
Tilray posts narrower loss as revenue rises
Tilray Inc. shares on Monday gained back some of their losses in recent weeks after the Canadian cannabis producer posted a narrow loss and played up its prospects for European and beverage expansion....
Biogen’s Alzheimer’s Drug Aduhelm Has Another Shot at Success
Illustration by Elias Stein Text size Biogen ’s Alzheimer’s disease therapy, Aduhelm, has been a disappointment for the company since its Food and Drug Administration approval last spring, with early ...
Apple Stays on Top for Phone Sales in China
Apple Inc. secured the top spot for phone sales in China for a second straight month in November, according to market research data, driven by the success of the iPhone 13 series. The Cupertino, Calif...
Opinion: After a monster quarter, Apple’s non-forecast is good enough for Wall Street
Apple Inc.’s holiday sales and profit totals were staggering once again, and CEO Tim Cook gave just enough of a forecast to satisfy Wall Street on Thursday — but not enough to feel totally comfortable...