Tag Archives: earnings

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

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

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

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

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

Nike (NKE) will report fiscal second-quarter results on Monday, with analysts looking for signs about whether the athletic giant can regain momentum it lost amid ongoing supply chain strains. Analysts polled by Bloomberg predict Nike will report adjusted earnings per share (EPS) of $0.62 on revenue of $11.26 billion. Like many athletic wear brands, Nike was hit hard by COVID-19 related factory closures in Vietnam throughout the summer, as well as supply chain delays that have snared the… Source link

Zoom (ZM) shares are sinking 17% on Tuesday, despite a better-than-expected quarter on the top and bottom line. The video conferencing company’s stock is under pressure amid fears of a slowdown in virtual meetings as the pandemic eases. “It’s a little bit too much overblown in our view,” said James Fish, senior research analyst at Piper Sandler. The analyst has a $299 price target on the stock. “Just look at Enterprise, which grew 65% on its own, and Commercial Fees, which are still growing at… Source link

Nvidia’s (NVDA) $40 billion deal to purchase the U.K.-based chip developer ARM from SoftBank is all but dead. That’s at least what Susquehanna senior equity analyst Chris Rolland took away from Nvidia’s leadership during the company’s Q3 earnings call on Wednesday. “I think some of the commentary [on Wednesday] kind of puts the final nail in the ARM coffin here,” Rolland told Yahoo Finance Live. Nvidia initially made the $40 billion deal public in September 2020 with expectations… Source link

Stock futures opened mixed Wednesday evening after dropping during the regular trading day, with investors giving back some gains as jitters over inflation remained and overshadowed the latest batch of solid corporate earnings results.  Contracts on the S&P 500 were flat as the overnight session kicked off. Though the index ended Wednesday’s session lower, it remained up by 1.8% for November to date, and was less than 0.7% below its all-time intraday high.  Nvidia (NVDA) shares jumped in… Source link

Nvidia CEO Jensen Huang. (MANDEL NGAN/AFP via Getty Images) Nvidia (NVDA) reported its Q3 earnings after the bell on Wednesday beating analysts’ predictions on the top and bottom line as revenue jumped 50% year-over-year. Here are the most important numbers from the report compared to what Wall Street was expecting from the company, as compiled by Bloomberg. Revenue: $7.1 billion versus $6.81 billion expected. Earnings per share: $1.17 versus $1.11 expected. Gaming revenue: $3.22 billion versus… Source link