Tag Archives: earnings

The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Alphabet has handily outperformed its megacap tech peers this year, and analysts remain bullish on the stock ahead of the company’s second-quarter earnings results on Tuesday afternoon. Wall Street firms expect Google’s parent company to show continued recovery in Search advertising as well as accelerating ad revenue from YouTube. Source link

Stock futures opened little changed Monday evening on the heels of another record-setting session, with investors looking ahead to the start of earnings results from mega-cap technology companies on Tuesday. Contracts on the S&P 500 drifted after the blue-chip index eked out a record closing and intraday high during the regular trading day. The Dow and Nasdaq also closed at records and moved sideways in late trading.  On Tuesday, investors are set to receive quarterly earnings results from… Source link

Apple’s iPhone 12 is expected to continue to dominate in Q3. (Image: Apple) Apple (AAPL) is set to report its Q3 2021 earnings after the closing bell on Tuesday, and analysts predict strong iPhone sales performance. But a predicted slowdown in future quarters for App Store revenue, thanks to vaccine-related reopenings and tough comparisons to 2020, could send guidance for the coming quarters lower. Here’s what Wall Street is expecting from Apple, as compiled by Bloomberg, versus how it… Source link

(Bloomberg) — Most Asian stocks rose early Monday after U.S. shares rallied to an all-time high on corporate earnings, though traders are also mulling China’s technology-sector crackdown and an upcoming Federal Reserve meeting. Japan jumped after reopening from a two-day holiday, Australia edged up and South Korea fluctuated. Futures slid in Hong Kong, where an index offering exposure to China’s internet giants is the world’s worst-performing major tech gauge. Beijing’s latest… Source link

The coming week will be the most important of this quarter’s earnings season — even if later weeks beat it on quantity, it will be nearly impossible to top this slate in terms of dollars and attention. That is because all of Big Tech will report, and those five companies — Google parent Alphabet Inc. GOOGL GOOG, e-commerce and cloud-computing powerhouse Amazon.com Inc. AMZN, iPhone maker Apple Inc. AAPL, … Source link

Biotech stocks rebounded in the week ended July 23, thanks to the broader market strength. The sector also benefitted from the optimism that was set in motion by the solid start to the pharma reporting season. Big pharma companies, including Johnson & Johnson (NYSE: JNJ) and Novartis AG (NYSE: NVS) reported forecast-beating results and issued positive guidance. Preannouncements from the space were also largely positive. Moderna, Inc.’s (NASDAQ: MRNA) buoyancy spilled over into the week. The … Source link

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)    * Social media stocks rally after upbeat results    * AmEx jumps on blowout Q2 profit    * Intel sales forecast implies rocky second half    * Indexes up: Dow 0.51%, S&P 0.77%, Nasdaq 0.80% (Adds comments, updates prices to early afternoon)    By Devik Jain and Shreyashi Sanyal    July 23 (Reuters) – The S&P 500 and Nasdaq indexes hit record highs on Friday and were on… Source link

(Corrects to remove reference to three stocks in fourth paragraph) * Social media stocks rally after strong results * AmEx jumps on blowout Q2 profit * Intel sales forecast implies rocky second half of 2021 * Indexes up: Dow 0.39%, S&P 0.44%, Nasdaq 0.26% By Devik Jain and Shreyashi Sanyal July 23 (Reuters) – Wall Street’s main indexes rose on Friday, helped by megacap technology stocks and strong earnings from social media companies, while a weak sales forecast from Intel hit chipmakers amid… Source link

Netflix (NFLX) is set to announce its Q2 2021 earnings after the closing bell on Tuesday, with investors looking to see if the streaming giant can recover after missing analysts’ expectations by nearly 2 million subscribers in Q1. Here’s what Wall Street is expecting from the company as compiled by Bloomberg versus how it performed in the same quarter last year. Revenue: $7.32 billion expected versus $6.14 billion in Q2 2020 Earnings per share: $3.14 expected versus $1.59 in Q2… Source link

Stocks sank on Monday, pushing Wall Street benchmarks lower even as second-quarter earnings results reflect a strengthening economic rebound, as rising worries over inflation and the resurgence of new COVID-19 infections rattled investors. This week’s batch of earnings will include industry leaders like Netflix (NFLX) and Johnson & Johnson (JNJ), offering a fuller picture of how companies are faring as more parts of the economy reopened in the spring and early summer. All eyes will also be on… Source link