Tag Archives: earnings

Bet the farm on battered Tesla (TSLA) stock ahead of the company’s hotly anticipated earnings report on Wednesday, contends Canaccord Genuity analyst George Gianarikas. “Buy [Tesla stock] — it’s pretty simple,” Gianarikas said on Yahoo Finance Live (video above). “The stock had a pretty bad 2022 in terms of performance. That was based on multiple things, and some would attribute it to Elon Musk’s rantings on Twitter. We think it had a lot to do with the demand situation impacting Tesla,… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, January 20, 2023 Today’s newsletter is by Myles Udland, Head of News at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and more market news on the go with the Yahoo Finance App. Corporate earnings season will be in full swing by the end of next week. Big banks, airlines, and Netflix (NFLX) have all released… Source link

U.S. stocks rose modestly at Wednesday’s open as investors continued to parse through more corporate financial updates for signs of the “earnings recession” many analysts have warned about. Investors also assessed the release of more economic data, as retail sales slumped more than expected and producer prices came in cooler than expected. The S&P 500 (^GSPC) edged 0.3% higher, while the Dow Jones Industrial Average (^DJI) added 55 points, or 0.2%. The technology-heavy Nasdaq Composite ( Source link

Netflix (NFLX) earnings are set for release on Thursday, kicking off two-week period during which most of the market’s biggest tech companies will report their quarterly results. And according to Wedbush analyst Dan Ives, investors are focused on three big questions ahead of these results. First, a key focus will be on whether enterprise spending is holding up better than feared. Over the past decade, there’s been a rapid adoption of cloud services, with this trend accelerating during the… Source link

[unable to retrieve full-text content]Bank earnings: Goldman Sachs and others see investment banking slowdown, layoffs  Yahoo Finance Source link

U.S. stocks fell in early-morning trading amid key earnings reports from financial heavyweights. The S&P 500 (^GSPC) was down 0.8%, while the Dow Jones Industrial Average (^DJI) was off by 0.6%. The technology-heavy Nasdaq Composite (^IXIC) declined by roughly 0.8%. The yield on the benchmark 10-year U.S. Treasury ticked up slightly to 3.47%. The dollar index ticked up 0.21% to $102.21. Stocks pared early losses after the U.S. Michigan consumer sentiment survey for January rose to a nine-month… Source link

A version of this article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, January 10, 2022 Today’s newsletter is by Julie Hyman, anchor and correspondent at Yahoo Finance. Follow Julie on Twitter @juleshyman. Read this and more market news on the go with the Yahoo Finance App. Fourth-quarter earnings season begins in earnest this Friday with big banks reporting results, and investors are bracing… Source link

Investors are closely watching Yahoo Finance Company of the Year Costco as it is set to report its fiscal first-quarter earnings Thursday after the market close. Costco is coming off cooling sales in November as shoppers spend more cautiously amid news of increasing layoffs and stubbornly high inflation. The retail giant’s same-store sales growth cooled vs. October, the company reported on Nov. 30. Costco stock subsequently sold off — it is down more than 7% in December — as investors… Source link

Investors are closely watching Yahoo Finance Company of the Year Costco as it is set to report its fiscal first-quarter earnings Thursday after the market close. Costco is coming off cooling sales in November as shoppers spend more cautiously amid news of increasing layoffs and stubbornly high inflation. The retail giant’s same-store sales growth cooled vs. October, the company reported on Nov. 30. Costco stock subsequently sold off — it is down more than 7% in December — as investors… Source link

The PC correction and slow growth in the U.S. economy have been a one-two punch to computing giant HP Inc (HPQ). HP saw fiscal fourth-quarter sales fall 11.2% from a year ago, pushed lower by a 26% decline in the number of notebook computer units sold. Meanwhile, desktop unit sales fell 3% in the quarter and consumer printer unit sales fell 4% while commercial gained 5%. HP also revealed a new $1.4 billion cost-cutting plan that will see it shed 4,000 to 6,000 employees by fiscal year… Source link