Tag Archives: earnings

Stock futures opened sharply higher Thursday evening as investors looked ahead to a key new report on the labor market and considered a fresh set of earnings results from several major index components. Contracts on the S&P 500 gained more than 1% as the overnight session kicked off. Nasdaq futures also jumped. Earlier, the Nasdaq Composite index sank by 3.7% for its worst single-day decline since September 2020. Oil prices also remained in focus on Thursday as U.S. West Texas intermediate… Source link

The entrance to the Activision Blizzard Inc. campus is shown in Irvine, California, U.S., August 6, 2019. REUTERS/Mike Blake Activision Blizzard (ATVI) reported its Q4 2021 earnings after the bell on Thursday, falling well short of analysts’ estimates on the top and bottom line. The report will be the company’s first since Microsoft (MSFT) announced it will acquire the video game giant for $68.7 billion in January. Here are the most important numbers from the report compared to Wall Street’s… Source link

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

Amazon (AMZN) reported fourth quarter results on Thursday and announced it will raise its Prime membership fee to $139 per year from $119 in the U.S. The stock is soaring in after-hours. These are the top- and bottom-line results for Amazon’s fourth quarter. Earnings per share: $27.75 vs $3.77 expected Revenue: $137.4 Billion vs $137.82 Billion expected AWS net sales: $17.78 Billion vs $17.23 Billion expected This is the third time since the launch of Amazon Prime that the e-commerce giant… Source link

Tech stocks on the Nasdaq are rising, led by big gains from shares of Google parent Alphabet Inc. (GOOG) after the company posted strong earnings and announced a 20-for-1 stock split. The Dow Jones wavered and S&P 500 gained.  The indexes rose yesterday in another choppy day of trading, as markets reacted to earnings. So far, more than 36% of the S&P 500 companies have reported results, with more than 78% topping analyst expectations. Among the companies reporting earnings today… Source link

Google parent Alphabet Inc. headed toward a couple of elusive marks Tuesday evening, after disclosing earnings and plans for a stock split: A $3,000 share price and $2 trillion market cap. Alphabet shares gained more than 9% in the extended session, which ended with Alphabet’s class A shares GOOGL, +1.73% selling for $3,005 apiece and the class C shares GOOG, +1.61% going for $3,013.83. The class A shares have never… Source link

Expectations are running high for Google parent company Alphabet Inc. (GOOG, GOOGL) as it prepares to release its earnings results for the fiscal fourth quarter. The company has had an exceptional year, having benefited from greater online activity during the COVID-19 pandemic. However, there are signs that growth is slowing while inflation persists across the economy and market as a whole. Analysts forecast that Alphabet will announce $27.14 in earnings per share to accompany $72.1… Source link

Google parent Alphabet (GOOG, GOOGL) will report its Q4 earnings after the closing bell on Tuesday. The search giant will likely face fewer headwinds in the online advertising space than social media platforms like Facebook (FB) and Snapchat (SNAP), which have been slammed by changes to Apple’s (AAPL) iOS privacy settings. Here’s what Wall Street is expecting of the company in the quarter, as compiled by Bloomberg, compared to its performance in the same quarter last year. Revenue ex-TAC… Source link

Stocks were mixed Monday as traders looked ahead to another packed week of corporate earnings results and economic data in the wake of the Federal Reserve’s latest monetary policy pivot.  The S&P 500 and Dow declined, while the Nasdaq gained just after the opening bell. Treasury yields edged slightly higher on the long end of the curve, with the benchmark 10-year yield edging back above 1.8%. U.S. crude oil prices built on recent gains after rising for a sixth straight week. January marked a… Source link

Text size Alphabet shares have dropped nearly 11% amid a broader slide for technology stock so far in 2022. Sean Gallup/Getty Images … Source link