Tag Archives: Beat

[unable to retrieve full-text content]Target Q4 earnings beat estimates, CEO strikes a cautious tone as consumer spending shifts  Yahoo Finance Source link

Yahoo Finance’s Seana Smith reports on how Meta stock is trading after hours following the Facebook parent company’s Q4 earnings results. Video Transcript SEANA SMITH: All right, Dan, sorry to cut you off here. We just want to jump in with Meta earnings because they are out. So let’s get to the numbers here. Taking a look at the stock reaction, look at that, up just about 12% here. Revenue coming in stronger than expected, 32.17 billion. The estimate on the Street was for 31.65 billion…. Source link

Tesla stock is trading slightly higher in after hours following the EV maker reporting a Q4 earnings revenue and profit beat. In addition, the most significant news for Tesla’s 2023 roadmap is the upcoming Cybertruck is on track for production later this year. For the quarter, Tesla (TSLA) reported: That revenue represents another record high for Tesla, up over $2 billion sequentially from Q3 and nearly $7 billion from a year ago. On the profitability end, Tesla is reporting adjusted net income… Source link

Microsoft (MSFT) announced its Q2 earnings after the bell on Tuesday, barely missing analysts’ expectations on revenue and beating on earnings per share. Here are the most important numbers from the report compared to what analysts were expecting from the quarter, as compiled by Bloomberg. Revenue: $52.7 billion vs. $52.9 billion expected Adjusted EPS: $2.32 vs. $2.30 expected Productivity and Business processes: $17 billion vs. $16.8 billion expected Intelligent Cloud: $21.5 billion vs. $21.4… Source link

Microsoft (MSFT) is making a multi-year, multi-billion dollar investment in OpenAI, the company behind the much discussed artificial intelligence-powered chatbot, ChatGPT. The move comes as Microsoft looks to add OpenAI’s capabilities to its own software offerings, giving it a potential edge over competitors ranging from Salesforce (CRM) to Google (GOOG, GOOGL). “We formed our partnership with OpenAI around a shared ambition to responsibly advance cutting-edge AI research and democratize… Source link

A new display folding mechanism could be superior to Samsung’s current implementation As the long-rumored Google foldable inches closer to what we can only hope is a big, official unveiling, more and more leaks have started to surface. Until now, we had only seen the Google Pixel Fold in some CAD-based renders, and while they did reveal how it the phone will possibly look, they didn’t give us much insight into the real experience of operating the device… Source link

Fans are loving this selfie of the two costars. Mariska Hargitay and Christopher Meloni are giving fans what they want!  The Law & Order Twitter account has delivered a brand new selfie between the two costars, and fans are absolutely loving it. The snap features Meloni, 61, and Hargitay, 58, as they smiled at the camera. The two appear to be in the middle of filming Law & Order where they star as Elliot Stabler and Olivia Benson. Meloni donned a dark grey button-up shirt as his costar opted… Source link

U.S. stock futures slumped Wednesday morning as Wall Street weighed an earnings warning from retail bellwether Target against government retail sales data that showed robust consumer spending ahead of the key holiday season. Futures tied to the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) hovered below the flatline, while contracts on the technology-heavy Nasdaq Composite (^IXIC) were off by 0.2%. The Commerce Department said Wednesday retail sales jumped 1.3% in October as… Source link

Retail trading app Robinhood (HOOD) reported third quarter-earnings Wednesday showing the company beat revenue and earnings estimates thanks to higher interest earned from rising rates. But the platform fell short on maintaining monthly active users at consensus expectations. It lost 1.8 million monthly active users for the period, a quarterly decrease of 12.8% to 12.2 million, the lowest level since it listed as a publicly traded company. Shares of HOOD, which have sold off more than 33% year… Source link

Chipotle (CMG) posted third quarter 2022 earnings results Tuesday after market close that slightly beat market expectations. Here’s what the California-based company reported, compared to Wall Street’s expectations, according to Bloomberg consensus estimates: Revenue: $2.2 billion versus $2.24 billion expected Adj. earnings per share (EPS): $9.51 versus $9.23 expected Same-store sales: 7.6% versus 7.38% expected The third quarter that ended on September 30, 2022, proved that customers are… Source link