[unable to retrieve full-text content] Alphabet first quarter earnings top estimates, announces $70B stock buyback Yahoo Finance Alphabet reports revenue and earnings beat for first quarter CNBC Alphabet Q1 report reveals increase in Google Pixel sales – GSMArena.com news GSMArena.com Source link
Read More »The CHIPS act reawakens the buyback bogeyman: Morning Brief – Yahoo Finance
[unable to retrieve full-text content]The CHIPS act reawakens the buyback bogeyman: Morning Brief Yahoo Finance Source link
Read More »Meta stock jumps after hours on Q4 revenue beat, share buyback plans
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
Read More »Stock spikes after better-than-expected revenue, buyback announcement
Meta (META) reported its Q4 2022 earnings today after the bell, and the Facebook parent beat key revenue expectations and growing losses on its metaverse operation. It also announced a $40 billion stock buyback plan. Here’s what the key numbers looked like, as compared to analysts’ estimates compiled by Bloomberg. Q4 Revenue – $32.17 billion actual versus $31.65 billion expected Advertising Revenue – $31.25 billion actual versus $30.86 billion expected Adjusted Earnings Per Share (EPS) –… Source link
Read More »Elon Musk lights blaze of speculation over gonzo share buyback a week before Tesla Q3 earnings
All it took for Elon Musk to set the hearts of Tesla investors aflutter was one simple word. A full week after Singapore-based billionaire Leo KoGuan warned only a stock buyback or 100% earnings growth would pull Tesla out of its current slump, Musk finally replied to his third largest shareholder. “Noted,” he wrote on Thursday. Minutes later the stock reversed its losses as investors took this as a clear sign that Musk might greenlight Tesla spending anywhere between $5 billion to even… Source link
Read More »Warren Buffett’s portfolio is full of buyback opportunities which he calls ‘the best use of cash’. Here are 3 companies with the biggest hidden dividend potential
Warren Buffett’s portfolio is full of buyback opportunities which he calls ‘the best use of cash’. Here are 3 companies with the biggest hidden dividend potential The fact that the world’s most famous investor, Warren Buffett, appreciates shareholder rewards shouldn’t be surprising. After all, a sizable and predictable return is the whole point of investing. Buffett takes this philosophy seriously and seeks out companies with the most generous shareholder rewards program. All five of his… Source link
Read More »Target clobbers Q2 earnings estimates, reveals new $15 billion stock buyback plan
Target (TGT) delivered solid results for the second quarter and joins a select few retailers — namely rival Walmart — in saying the COVID-19 Delta variant hasn’t led to a marked sales slowdown for the all-important back-to-school shopping season even as consumer confidence has begun to wane. “While the current environment remains volatile, our results over the last 18 months have proven conclusively that our team and operating model can seamlessly adapt to changes in the environment, and… Source link
Read More »Wells Fargo announces $18 bln buyback plan, doubles dividend – Yahoo Finance
The Telegraph Billionaire behind world’s biggest crypto exchange faces reckoning The first time Changpeng Zhao left China, he was just 12 years old. His father, an academic who had been forced out of university during Mao’s Cultural Revolution, had fled to Canada when Zhao was six, and it took until 1989 for the rest of his family to follow. Almost three decades later, Zhao was forced out a second time. A Beijing crackdown on cryptocurrencies meant his fledgling start-up, Binance, left… Source link
Read More »Here comes the stock buyback explosion: Goldman Sachs – Yahoo Finance
With corporate cash balances looking flush again as businesses recover from the depths of the COVID-19 pandemic, Goldman Sachs (GS) strategist David Kostin thinks a stock buyback “bonanza” is on the horizon. Kostin estimates a 35% increase in share buybacks this year and a 5% pop in 2022. Share buybacks from U.S. companies through April have tallied $484 billion, more than double the pace at this same point last year. It marks the quickest pace of U.S. buyback announcements to kick off a… Source link
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