This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, November 18, 2022 Today’s newsletter is by Julie Hyman, anchor, and correspondent at Yahoo Finance. Follow Julie on Twitter @juleshyman. Read this and more market news on the go with Yahoo Finance App. So far, Macy’s has been one of the standouts of the retail earnings season. Its shares leaped by 15% yesterday after the department store… Source link
Read More »Stock futures fall as retail sales beat, Target earnings miss
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
Read More »Stock futures lower amid retail earnings
U.S. stock futures started the week on a downbeat note early Monday as Wall Street hinges on another round of earnings from the retail sector. Futures tied to the S&P 500 (^GSPC) inched lower by 0.3% in premarket trading, while futures on the Dow Jones Industrial Average (^DJI) ticked down by 0.2%. The technology-heavy Nasdaq Composite (^IXIC) declined by as much as 0.4%. Stocks on Friday ended the week with their biggest gains in months, with lighter inflation data sparking hopes among… Source link
Read More »Disney stock drops after reporting wider streaming loss, earnings miss
Disney (DIS) reported fiscal fourth-quarter earnings on Tuesday after the bell, missing on both the top and bottom lines. Macroeconomic challenges, including the global advertising slowdown, weighed on earnings as the company also battled higher-than-expected streaming losses. Disney stock moved lower on the heels of the report, with losses accelerating as investors digested the results — down as much as 10% in after-hours trading. Here are Disney’s fourth-quarter results compared to Wall… Source link
Read More »AWS Vs. Microsoft Vs. Google Cloud Q3 2022 Earnings Face-Off
Cloud News Mark Haranas November 07, 2022, 12:39 PM EST CRN breaks down total revenue, profits, sales growth and current market share standings from Google Cloud, AWS and Microsoft for third quarter 2022.
Read More »Starbucks Q4 earnings preview: Here’s what to expect
Starbucks is expected to report its fiscal fourth-quarter earnings on Thursday after market close as the coffee giant navigates higher prices, ongoing unionization efforts, COVID-19 lockdowns in China, and more. Here’s what Wall Street expects from the Seattle-based company, according to a Bloomberg consensus estimates: Revenue: $8.31 billion expected Adj. earnings per share (EPS): $0.72 expected U.S. Same Store Sales: 7.78% expected International Sales: -8.23% expected China Sales: -21.70%… Source link
Read More »Warner Bros. Discovery Q3 earnings: Here’s what to expect
Warner Bros. Discovery (WBD) is set to report third quarter earnings after the bell on Thursday after the company swung to a $3.42 billion loss in the second quarter amid consolidation challenges. Here’s what Wall Street expects, according to Bloomberg consensus estimates: Revenue: $10.37 billion expected Adj. loss per share: -$0.17 expected Total DTC subscribers: 3.27 million net additions expected Increased restructuring charges, macroeconomic challenges like foreign exchange headwinds, further… Source link
Read More »Yandex: Q3 Earnings Snapshot
SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Thursday reported net income of $751.9 million in its third quarter. On a per-share basis, the Schiphol, Netherlands-based company said it had net income of $2.02. Earnings, adjusted for non-recurring gains, came to 23 cents per share. The Russian search engine posted revenue of $2.32 billion in the period. _____ This story… Source link
Read More »Yandex: Q3 Earnings Snapshot
SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Thursday reported net income of $751.9 million in its third quarter. On a per-share basis, the Schiphol, Netherlands-based company said it had net income of $2.02. Earnings, adjusted for non-recurring gains, came to 23 cents per share. The Russian search engine posted revenue of $2.32 billion in the period. … Source link
Read More »Yandex: Q3 Earnings Snapshot
SCHIPHOL, Netherlands (AP) _ Yandex NV (YNDX) on Thursday reported net income of $751.9 million in its third quarter. On a per-share basis, the Schiphol, Netherlands-based company said it had net income of $2.02. Earnings, adjusted for non-recurring gains, came to 23 cents per share. The Russian search engine posted revenue of $2.32 billion in the period. _____ This story… Source link
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