Stock futures drifted sideways Wednesday evening after a technology-led drop across the major equity indexes, with traders mulling signs that elevated inflation was still reverberating across the recovering economy. As of market close Wednesday, the S&P 500 dropped for a back-to-back session, giving back more gains after eight consecutive sessions of advances to kick off November trading. With no notable economic data due out on Thursday due to the Veterans Day holiday, investors have been… Source link
Read More »Stock futures drop as Amazon and Apple shares fall after earnings disappoint
Stock futures dipped Thursday evening, with investors eyeing a couple of disappointing earnings results from Apple (AAPL) and Amazon (AMZN) that punctuated an otherwise solid quarterly reporting season from many major companies. Contracts on the S&P 500 fell, pulling back after the blue-chip index set a record closing high on Thursday. Nasdaq futures underperformed amid the drawdown in the big technology names. Amazon shares dropped in late trading after the e-commerce juggernaut missed… Source link
Read More »Yandex (YNDX) Q3 Earnings Beat Estimates, Revenues Rise Y/Y
You’re reading Entrepreneur United States, an international franchise of Entrepreneur Media. This story originally appeared on Zacks Yandex N.V. YNDX reported third-quarter 2021 adjusted earnings of 5 cents per share, beating the Zacks Consensus Estimate by 25%.However, the bottom line declined 81.5% year over year.Revenues were $1.25 billion. In ruble terms, the figure stands at RUB 91.3 billion, which rose 57% on a year-over-year basis.The reported revenue figure… Source link
Read More »Yandex (YNDX) Q3 Earnings Beat Estimates, Revenues Rise Y/Y
This story originally appeared on Zacks Yandex N.V. YNDX reported third-quarter 2021 adjusted earnings of 5 cents per share, beating the Zacks Consensus Estimate by 25%.However, the bottom line declined 81.5% year over year.Revenues were $1.25 billion. In ruble terms, the figure stands at RUB 91.3 billion, which rose 57% on a year-over-year basis.The reported revenue figure includes the consolidated financial results of Yandex.Market.Strengthening momentum across the… Source link
Read More »Yandex (YNDX) Q3 Earnings Beat Estimates, Revenues Rise Y/Y – October 28, 2021
Yandex N.V. (YNDX Quick QuoteYNDX – Free Report) reported third-quarter 2021 adjusted earnings of 5 cents per share, beating the Zacks Consensus Estimate by 25%. However, the bottom line declined 81.5% year over year. Revenues were $1.25 billion. In ruble terms, the figure stands at RUB 91.3 billion, which rose 57% on a year-over-year basis. The reported revenue figure includes the consolidated financial results of Yandex.Market. Strengthening momentum across the… Source link
Read More »Apple to report Q4 earnings Thursday amid chip shortage and supply crunch
Apple CEO Tim Cook speaks during Apple’s annual Worldwide Developers Conference in San Jose, California, U.S. June 3, 2019. REUTERS/Mason Trinca Apple (AAPL) will report Q4 earnings after the closing bell on Thursday, and analysts will pay close attention to demand for the new iPhone 13 lineup and the company’s ability to withstand the ongoing chip shortage. Here’s what Wall Street is expecting from the quarter, as compiled by Bloomberg, compared with how Apple performed in the same quarter… Source link
Read More »Yandex N.V. (YNDX) CEO Tigran Khudaverdyan on Q3 2021 Results – Earnings Call Transcript – Seeking Alpha
[unable to retrieve full-text content]Yandex N.V. (YNDX) CEO Tigran Khudaverdyan on Q3 2021 Results – Earnings Call Transcript Seeking Alpha Source link
Read More »Why GM shares are getting run over after earnings
Corvette pusher GM is feeling a bear raid on Wednesday even as execs at the company continue to supremely hype its push to electric vehicles and the profits they believe will rain down on the automaker as a result. Shares of GM tanked nearly 6% in Wednesday afternoon trading in the wake of the company’s third quarter earnings report. Experts told Yahoo Finance there is some disappointment on the Street on how GM’s margins and and market share fared in the quarter, as well as cautious… Source link
Read More »One impressive earnings stat explains red-hot price
Alphabet is still the darling of Wall Street after another blowout quarter from the tech beast Tuesday night. And one line item continues to standout in particular as a key driver of the bull thesis on the stock: operating margins. Jefferies analyst Brent Thill points out Alphabet’s operating profit margins hit 39.2% in the third quarter, up for five straight quarters as the company sees strong momentum behind its search business and YouTube premium. The upward slope in margins comes… Source link
Read More »McDonald’s Q3 earnings jump as bigger orders, menu deals juice sales
McDonald’s (MCD) on Wednesday reported third quarter earnings results that topped Wall Street’s expectations, boosted by strong sales growth across the board as customers were enticed by a range of new menu items, even amid a resurgence of COVID-19 cases worldwide. Here’s the Golden Arches reported, compared to Wall Street estimates , according to a Bloomberg consensus estimate: Revenue: $6.20 billion versus $6.03 billion expected Adj. earnings per share (EPS): $2.76 (excluding special items)… Source link
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