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 »Robinhood Q3 earnings beat estimates, stock rises after hours
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
Read More »Etsy set to report earnings ahead of holiday season
Etsy (ETSY) stock popped 9% in after-hours trading on Wednesday after the e-commerce company reported third-quarter revenue that beat analysts’ expectations. Here are the key figures compared to Wall Street’s expectations, compiled from Bloomberg: Revenue: $594.5 million actual versus $563.6 million expected Gross Merchandise Sales: $3 billion actual versus $2.92 billion expected Loss Per Share: -$7.62 actual versus 76 cents expected Active Buyers: 94 million actual versus 95.5 million… Source link
Read More »Stocks turn lower with Fed policy, earnings in focus
Stocks lost ground Tuesday, as another batch of earnings rolled in and investors awaited the Federal Reserve policy meeting and jobs data later this week. The S&P 500 (^GSPC) turned lower by about 0.1% in midday trading, while the Dow Jones Industrial Average (^DJI) ticked lower nearly 0.2%. The technology-heavy Nasdaq Composite (^IXIC) fell by 0.4%. All three indices had risen to start the session. Investors digested economic releases on Tuesday, including the Job Openings and Labor Turnover… Source link
Read More »Stocks turn lower with Fed policy, earnings in focus
Stocks lost ground Tuesday, as another batch of earnings rolled in and investors awaited the Federal Reserve policy meeting and jobs data later this week. The S&P 500 (^GSPC) turned down by about 0.1% in midday trading, while the Dow Jones Industrial Average (^DJI) ticked lower nearly 0.2%. The technology-heavy Nasdaq Composite (^IXIC) fell by 0.4% during. All three indices had risen to start the session. Investors digested economic releases on Tuesday, including the Job Openings and Labor… Source link
Read More »Stocks slip with Fed, earnings, jobs data on deck
U.S. stocks lagged Monday morning as a busy week marked by Fed policy, earnings and jobs data got underway. The S&P 500 (^GSPC) declined 0.7%, while the Dow Jones Industrial Average (^DJI) erased 200 points, or 0.6%. The technology-heavy Nasdaq Composite (^IXIC) fell by roughly the same margin. Treasuries ascended again, holding above 4%. Equity markets are still poised to round out the month higher after a brutal September slump. The Dow Jones Industrial Average was up 14.4% month-to-date as… Source link
Read More »3 earnings season stories that investors should recognize: Morning Brief
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 Monday, October 31, 2022 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. I realize that market watchers have become even more obsessed with imminent Fed decisions and what officials say in… Source link
Read More »Apple offers a dim light in an otherwise ‘dark earnings season’: Morning Brief
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, October 28, 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. In the end, maybe it was too much pressure, even for Apple. After Microsoft’s cloud revenue disappointed, Alphabet’s YouTube sales came up… Source link
Read More »Amazon earnings miss expectations, stock tanks 20%
Amazon (AMZN) shares tanked nearly 20% in after-hours trading on Thursday after it reported misses on revenue and sales for its Amazon Web Services cloud business, along with disappointing fourth-quarter guidance. Here’s what came down from the e-commerce giant after the bell: Revenue: $127.1 billion actual versus $127.63 billion expected Adjusted Earnings Per Share (EPS): 28 cents actual versus 22 cents expected Amazon Web Services (AWS) Net Sales: $20.5 billion actual versus $21 billion… Source link
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