Tag Archives: earnings

Google could challenge for $2 trillion market cap after earnings, stock-split news

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

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Google Parent Alphabet Bounces Ahead of Earnings

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

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Google parent Alphabet to report Q4 earnings Tuesday, as investors look for cloud growth

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

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Stocks mixed ahead of busy week of earnings, data

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

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Robinhood reports earnings today — here’s what to expect

Robinhood Markets (HOOD) is scheduled to report its fourth-quarter earnings on Thursday after the closing bell, as shares of the commission-fee trading platform have been trading at all-time lows. Here are consensus estimates expected by Wall Street analysts, according to Bloomberg data.  Adjusted earnings (loss) per share: -.42 cents compared to -$2.06 reported in Q3 Revenue: $370.92 million compared to $364.92 million in Q3 The trading platform is expected to give an update on its new crypto… Source link

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Microsoft to release first earnings after announcing Activision Blizzard deal

Microsoft (MSFT) reported its fiscal Q2 earnings after the closing bell on Tuesday, beating analysts’ expectations with its cloud services revenue jumping 46%.  The announcement comes just a week after the Redmond, Washington-based tech giant made headlines with news that it will acquire troubled gaming behemoth Activision Blizzard (ATVI) for $68.7 billion. Here are the most important numbers from the report, compared with what analysts were expecting. Revenue: $51.7 billion versus $50.9… Source link

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Stocks fall ahead of a packed week of earnings, Fed meeting

Stocks renewed declines Monday as investors looked ahead to a busy week of corporate earnings results, economic data and a Federal Reserve monetary policy-setting meeting after an already volatile stretch of trading. The S&P 500 and Nasdaq each dropped more than 2%, while the Dow fell by more than 1.5%. During intraday trading, the S&P 500 was off by more than 10% from its record closing high from Jan. 3, putting it on track to enter a correction. And the Nasdaq Composite fell further into a… Source link

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Stock futures recover some losses amid solid earnings

Stock futures gained Wednesday morning to steady after a broad sell-off a day earlier, as investors nervously eyed soaring bond yields and mixed earnings results from some major index components.  Contracts on the S&P 500, Dow and Nasdaq gained. The Nasdaq Composite had closed out Tuesday’s session with a drop of 2.6%, bringing it to its lowest level since October. The index also came within striking distance of a correction, typically defined as a closing level at least 10% below a recent… Source link

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Netflix raises subscriber prices ahead of earnings

Netflix (NFLX) stock rose slightly in Friday afternoon trading after the streaming platform raised the price of its subscriptions by $1-2.   Netflix’s basic plan in the U.S. rose by $1 to $9.99 per month. The standard U.S. subscription now costs $15.49 per month, up from $13.99. Netflix’s premium plan in the U.S was increased to $19.99 per month from $17.99. The increase was first reported by Reuters.  The company will report Q4 earnings on January 20. “We understand people have more… Source link

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