[unable to retrieve full-text content] Google, Apple disappoint as tech earnings hit by gloom Yahoo News Google-Meta duopoly continues to creak in their ‘heightened maturity’ as Amazon, Apple ascend Digiday Big Tech on defense: Apple, Amazon and Google report earnings CNN Source link
Read More »Ford 4Q 2021 earnings disappoint amid semiconductor supply crunch
Ford (F) reported disappointing 4Q 2021 earnings today after the closing bell. The legacy automaker missed consensus estimates amid the global semiconductor shortage and the toll it has taken on its production of vehicles across product lines. Here were the main metrics from Ford’s report, compared to Bloomberg consensus estimates: Revenue: $37.7 billion vs. $34.79 billion expected, $36.0 billion Y/Y Adjusted EPS: $0.26 vs. $0.45 expected, $0.34 Y/Y Ford’s stock is down from a mid-January peak… Source link
Read More »Stock futures drop as Amazon and Apple shares fall after earnings disappoint
Stock futures dipped Thursday evening, with investors eyeing a couple of disappointing earnings results from Apple (AAPL) and Amazon (AMZN) that punctuated an otherwise solid quarterly reporting season from many major companies. Contracts on the S&P 500 fell, pulling back after the blue-chip index set a record closing high on Thursday. Nasdaq futures underperformed amid the drawdown in the big technology names. Amazon shares dropped in late trading after the e-commerce juggernaut missed… Source link
Read More »Stock futures fall after retail sales disappoint, earnings come in mixed
Stocks fell on Tuesday, with the major indexes pulling back from record levels amid a mixed batch of earnings results from major retailers. A closely watched monthly report on retail sales also missed estimates, pointing to a bigger-than-expected deceleration in consumer spending. The S&P 500 declined after closing at an all-time high by the end of Monday’s session. That marked the index’s fifth consecutive record close. The Dow and Nasdaq also traded lower. Shares of Dow component Walmart ( Source link
Read More »US STOCKS-Nasdaq, S&P 500 fall as Amazon earnings disappoint
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Amazon falls as sales growth slows * Pinterest sinks on saying U.S. user growth stalling * U.S. consumer spending rises in June, inflation increases * Indexes off: S&P 0.35%, Nasdaq 0.71%, Dow 0.08% (Updates to open) By Sagarika Jaisinghani July 30 (Reuters) – The Nasdaq and S&P 500 indexes fell on Friday following a glum quarterly earnings report from… Source link
Read More »Amazon Q2 revenue falls short of estimates, Q3 forecasts disappoint
Tech juggernaut Amazon (AMZN) reported its Q2 2021 earnings after the closing bell on Thursday, missing expectations on revenue and falling short on Q3 guidance. Here’s are the most important numbers from Amazon’s report compared to analysts’ expectations as compiled by Bloomberg. Revenue: $113.08 billion versus $115.06 billion expected EPS: $15.12 versus $12.22 expected AWS revenue: $14.81 billion versus $14.18 billion expected Amazon’s stock was off as much as 5% following the earnings… Source link
Read More »Tesla Slumps After First Results as a Blue Chip Disappoint
(Bloomberg) — Tesla Inc. reported lower-than-expected profit and record revenue, mixed results that disappointed investors used to razzle-dazzle from the newly minted member of the S&P 500 Index. The electric-vehicle market leader reported an adjusted fourth-quarter profit of 80 cents a share Wednesday, falling short of analysts’ consensus for $1.03 and well below the blowout result a year earlier — before the global pandemic set in. The results marked a sixth straight profitable quarter… Source link
Read More »Why your favorite tech stocks may disappoint after the election
TipRanks 3 ‘Strong Buy’ Stocks With at Least 5% Dividend Yield Americans went to the polls today under the shadow of a resurging pandemic, with a substantial increase in cases nationwide and the number of people hospitalized with COVID-19 reaching record highs in a growing number of states. Meanwhile, it’s still unclear what a second stimulus package from the federal government may look like and how long it will be until that arrives.To add fuel to this, there are several European… Source link
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