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Microsoft leading alphabet in race to monetize generative ai

Analysts polled by refinitiv had expected $60.9 billion in revenue....

October 25, 2023, 9:43 am

Nvidia's stock is the cheapest in 8 months, according to this key market metric

Nvidia's earnings beat Wall Street's expectations last week, but that failed to translate into gains for its stock. The chipmaking giant's forward pri...

August 29, 2023, 7:25 am

Baidu outdoes expectations as autonomous taxi business takes off

Chinese technology company Baidu.com (NASDAQ:BIDU) has penned better-than-expected second-quarter results, with the company's autonomous taxi business...

August 22, 2023, 7:26 am

Nasdaq 100, dow jones, s&p 500: wall street grappling with surging ppi, tech losses

In July, U.S. PPI rose 0.8%, outpacing refinitiv’s 0.7% forecast, prompting S&P 500 investors to eye ...

August 11, 2023, 5:48 pm

Amazon shares jump after results top estimates

Amazon.com Inc shares were lifted after hours, following the technology giant's strong post-close second-quarter results. Revenue rose 11% year over...

August 4, 2023, 4:01 am

Amazon.com 2q financial results top estimates; shares climb

Amazon.com, Inc reported its second-quarter 2023 financial results after Thursday's close, generating revenue that rose 11% year over year to $134.4 b...

August 3, 2023, 4:38 pm

Kraft heinz stock falls on 2q revenue miss

The Kraft Heinz Company on Wednesday reported financial results for its second quarter of 2023, generating revenue of $6.72 billion, which fell short ...

August 2, 2023, 9:03 am

Pfizer misses quarterly revenue estimates as covid product sales decline

Pfizer Inc on Tuesday fell short of Wall Street estimates for quarterly revenue, hit by declining sales of its COVID-19 products. Total revenue for th...

August 1, 2023, 6:50 am

On semiconductor shares rise on above-market guidance and 2q earnings beat

ON Semiconductor shares moved higher on Monday after the chipmaker unveiled above-market third quarter guidance on its expectation of rising demand fo...

July 31, 2023, 2:25 pm

Amazon and apple to lead the earnings releases this week.

The earnings season continues with Apple and Amazon leading the charge this week. They will release their earnings after the market close on Thursday....

July 31, 2023, 11:31 am

Chipotle shares set to fall as record 2q sales just weren't spicy enough

Chipotle Mexican Grill (NYSE:CMG) shares looked set to decline Thursday after it reported record second-quarter sales that still missed expectations, ...

July 27, 2023, 8:51 am

Meta platforms 2q financial results beat estimates; stock climbs

Meta Platforms, Inc saw its second-quarter 2023 revenue rise 11% year over year to $32.0 billion, surpassing the $31.12 billion consensus forecast com...

July 26, 2023, 4:38 pm

Tesla 2q financial results top estimates; margins narrow

Tesla Inc (NASDAQ:TSLA) announced second-quarter 2023 revenue that rose 47% year over year to $24.93 billion, along with adjusted earnings per share (...

July 19, 2023, 4:38 pm

Masimo shares plummet on weak 2q sales forecast

Masimo shares plunged almost 30% in pre-market trading on Tuesday after it reported preliminary second quarter revenue that came in far below expectat...

July 18, 2023, 8:40 am

Morgan stanley beats estimates on record wealth management revenue

Morgan Stanley reported second-quarter earnings before the opening bell Tuesday. Here's what the company reported compared with what Wall Street was e...

July 18, 2023, 7:35 am

Goldman sachs's dealmaking crown slips a bit

refinitiv and Bloomberg say Goldman Sachs lost the top M&A ranking for the first half for the first tim...

June 29, 2023, 12:24 pm

Carmax shares rev higher on 1q revenue and earnings beat

CarMax, Inc (NYSE:KMX) shares jumped 7% in pre-market trading on Friday after the used-car seller reported first quarter fiscal 2024 revenue that fell...

June 23, 2023, 8:49 am

Novo nordisk says launch of weight loss drug wegovy in new markets delayed due to us demand

Novo Nordisk (NYSE:NVO) executives announced on Tuesday that the launch of its obesity drug Wegovy in most of Europe will be slower than planned and t...

June 20, 2023, 11:38 am

Nvidia runaway winner in market cap addition in may

Nvidia Corp's market capitalisation jumped the most in May among the top 20 global companies by market value, adding $248 billion, with a majority of ...

June 1, 2023, 8:17 am

Bank of montreal and bank of nova scotia stock falls as 2q earnings disappoint

Bank of Montreal (CSE:BMO) (BMO) and Bank of Nova Scotia (TSX:BNS) (Scotiabank (TSX:BNS)) kicked off second-quarter 2023 Canadian bank earnings season...

May 24, 2023, 1:17 pm


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