A new report from Google contains data on how customer expectations are changing, and reveals what people want from businesses this year. Based on a comparison of search volume from 2021 to 2022, trends indicate that customers want things both sooner and later. If customers are out shopping in person then they want the ability to do it late at night, and if they’re shopping online they want items to arrive as soon as tomorrow. They also want new experiences from businesses, such as the… Source link
Read More »Resetting expectations for playoff push
With the NBA All-Star break over, teams are heading into the final stretch of the 2021-22 regular season with around 25 or so games remaining. With that in mind, Yahoo Sports’ NBA experts reset their preseason predictions for a number of awards, late-playoff matchups and what will be the most interesting storylines heading into the postseason. MVP Vincent Goodwill: Joel Embiid, Philadelphia 76ers Chris Haynes: Chris Paul, Phoenix Suns Ben Rohrbach: Joel Embiid, Philadelphia 76ers Odds to win:… Source link
Read More »December private payrolls rose by 807,000, far exceeding expectations: ADP
U.S. private employers added jobs at a much faster-than-anticipated rate in December, helping to alleviate some worker shortages as the tight U.S. labor market persisted. The U.S. economy saw 807,000 private payrolls return in the final month of 2021, ADP said in its closely watched report on Wednesday. This compared to the 410,000 job gains consensus economists anticipated, based on Bloomberg data. Employers had brought back 505,000 jobs in November, according to ADP’s revised estimate… Source link
Read More »Expectations for faster pullback in Fed support takes steam out of credit
Corporations are rushing to issue more debt amid the Federal Reserve’s messaging that it may move quicker to tighten the spigot on its easy money policies. Despite the emergence of the Omicron variant, Fed Chairman Jerome Powell and a chorus of other Fed officials recently signaled they were likely to support a faster wind-down in the Fed’s asset purchase program. If the Fed can fully end the so-called quantitative easing program early next year, the central bank would have the flexibility… Source link
Read More »Nvidia easily beats earnings expectations on strong gaming and data center sales
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
Read More »October private payrolls rose by 571,000, topping expectations: ADP
U.S. private employers added back more jobs than expected last month, reflecting a pick-up in the pace of hiring as more service-focused companies brought back workers to meet elevated demand. Private payrolls grew by 571,000 in October compared to September, ADP said in its closely watched monthly report. Consensus economists were looking for a rise of 400,000 jobs, according to Bloomberg data. The month earlier, private payrolls had risen by a downwardly revised 523,000, from the 568,000… Source link
Read More »Amazon Q3 results miss expectations as online sales slow after pandemic surge
Amazon (AMZN) reported third-quarter sales and earnings results that missed Wall Street’s estimates, reflecting a growth deceleration after the pandemic stoked a surge in online shopping last year and earlier in 2021. The company also flagged that it would see additional costs as a result of supply chain challenges in the fourth quarter. Shares dropped by more than 4% in late trading. Here were the main metrics from Amazon’s report, compared to consensus estimates compiled by Bloomberg:
Read More »Microsoft smashes earnings expectations with strong cloud performance
Microsoft (MSFT) reported its fiscal Q1 2022 earnings after the closing bell on Tuesday, easily beating analysts’ expectations on the top and bottom line, with cloud revenue up 36% year-over-year. The stock was flat on the news. Here are the most important numbers from the report compared with what analysts were expecting, as compiled by Bloomberg. Revenue: $45.3 billion versus $43.93 billion expected Earnings per share: $2.71 versus $2.07 expected Intelligent Cloud: $16.98 versus $16.58 billion… Source link
Read More »Zoom shares plummet in after-hours trading despite beating earnings expectations
Video communications giant Zoom (ZM) reported its fiscal Q2 2022 earnings after the bell on Monday, beating analysts’ expectations on the top and bottom line. But the company’s growth has slowed as businesses and schools reopen. The company’s stock was down over 10% in after-hours trading. Here are the most important numbers from the report compared to what Wall Street expected of the company, as compiled by Bloomberg. The company also issued guidance for the third quarter that fell just… Source link
Read More »Snap Beats Expectations on User Growth, Revenue; Shares Rise
(Bloomberg) — Snap Inc. reported gains in revenue and users that exceeded analysts’ estimates, as the company’s investments in content and creative tools lured young people and the advertisers trying to reach them. Shares gained. Second quarter sales more than doubled to $982.1 million, the company said Thursday. That dwarfed the $846.9 million average analysts’ estimate. Snapchat, the mobile app for sending disappearing messages and watching video content, had 293 million daily active… Source link
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