Nvidia Corp. shares ticked higher in the extended session Wednesday after the chip maker said modified servers to China mostly made up for an expected $400 million shortfall due to a U.S. ban on certa...
Tag: Sales Figures
Alibaba, Tencent, lead Hong Kong tech stocks higher after upbeat China online retail sales data
Shares of Chinese internet giants jumped in Hong Kong, after official data showed better-than-expected October retail sales in the world’s second-largest economy. Alibaba Group Holding Ltd. BABA, +0.7...
Walmart Is Flexing Its Muscle Again
America’s biggest retailer has a new message for its suppliers: We’re not going to pay higher prices anymore. Walmart Inc. Chief Executive Doug McMillon delivered the warning in person last month in a...
Retail analysts foresee holiday-season sales growth. Now we’ll hear from retailers themselves.
Even as price increases squeeze shoppers, analysts expect holiday-season sales to increase this year. With Walmart Inc., Target Corp. and discounters TJX Cos. and Ross Stores Inc. reporting results in...
Big Pharma Stocks Are Breaking Out. Here Are Some Winners.
Big pharma stocks are trying to break out to new heights. They have reported more-than-satisfactory earnings and are expecting further progress on new pipelines of drugs. These stocks had been outpe...
Plug Power Missed Sales Estimates By a Mile. Wall Street Isn’t Worried.
Hydrogen fuel-cell technology company Plug Power reported third-quarter results that fell way short of Wall Street expectations, but analysts still believe the company’s future is very bright. Tuesday...
Lucid Stock Plunges as Reservations for Cars Drop
Electric-vehicle maker Lucid turned in respectable third-quarter earnings and stuck with its forecast for vehicle shipments this year, but the stock was dropping. Reservations were the issue. Lucid (t...
Self-Driving Technology Provider Luminar Just Hit a Big Milestone
After 10-plus years of moonshot R&D, Luminar Technologies has made it into automotive production with its radarlike systems. Wednesday evening, lidar maker Luminar (ticker: LAZR) reported third-qu...
Fisker details sales ramp, says Ocean SUV production set to start this month
Fisker Inc. late Wednesday reported a quarterly loss that was wider than Wall Street expected, but kept some of its milestones unchanged, including the start of production of its electric SUV, and gav...
SoFi Stock Leaps on Narrower-Than-Expected Loss and Revenue Beat
SoFi Technologies was surging after posting a narrower-than-expected third-quarter loss and revenue that exceeded forecasts. SoFi (ticker: SOFI), the financial-technology company, reported third-quar...
Adidas Bails From Yeezy. Why That Packs a Punch.
Times are tough at Adidas The German company has too much inventory and falling China sales. It’s slashed guidance, and earnings ran about half what Wall Street expected. The stock is down by more tha...
AbbVie Stock Slips as Sales Miss Expectations And Bigger Challenges Await.
Stock in AbbVie slipped after the drug company reported a higher profit than expected, while sales fell short. The revenue shortfall may have reminded investors of a challenge AbbVie (ticker: ABBV) fa...
‘Pretty much Google 2.0’ — Amazon price targets reduced by analysts, though they say the long-term story is intact
Analysts downgraded their price targets for Amazon.com after it reported missing its third quarter sales expectations alongside a weak sales forecast for the upcoming festive season. Amazon AMZN, -10....
Amazon stock sinks after holiday forecast and cloud growth, profit disappoint; $150 billion in market cap at risk
Amazon.com Inc. predicted Thursday that holiday sales and profit would come in well lower than analysts expected as cloud growth slowed and Amazon Web Services profit missed expectations by nearly $1 ...
Boeing’s Earnings Are Coming. This Is What to Watch.
Boeing has reported positive free cash flow in only one quarter in more than three years. Whether the company generated more than it burned through in the three months through September, and how much ...
Google ad sales take a hit and widely miss estimates, Alphabet stock drops 6%
Alphabet Inc. is feeling the sting of a downturn in digital-ad spending. Google’s parent company reported just 6% sales growth year-over-year Tuesday and missed widely on its advertising revenue, push...
EV sales are getting hotter, these are the cars catching up to Tesla
Americans bought more than 200,000 electric cars in the third quarter — a first. Electric car sales grew faster than any other segment of the auto industry. Americans bought 67% more electric cars in ...
Tesla Stock Could Rebound in 3 Months. Here’s What it Would Take.
Elon Musk says that Tesla could someday be worth more than Apple and Saudi Aramco, combined. First, it needs to get through the next few months. Before Tesla (ticker: TSLA) reported third-quarter earn...
Opinion: This record number in Nvidia earnings is a scary sight
Nvidia Corp.’s financial results had a bit of a surprise for investors, and not on the good side — product inventories doubled to a record high as the chip company gears up for a questionable holiday ...