Tag Archives: Forecasts

[unable to retrieve full-text content]Nvidia stock pops 7% to top $1,000 after earnings beat forecasts, it announces stock split and dividend hike  Yahoo Finance Source link

Argus Research President and Director of Portfolio Strategies John Eade joins Yahoo Finance Live to weigh in on FedEx’s Q2 earnings results and the company’s forecasts for 2023. Video Transcript – Let’s talk about what all this means here for the company. We have John Eade, Argus research president and director of portfolio. John, it’s great to see you. So just your initial thoughts on this report. So guidance looks like that’s coming in a bit light, but FedEx taking even more action in terms… Source link

This post was originally published on TKer.co Stocks surged 5.7% on Monday and Tuesday and then shed almost all of those gains on Wednesday, Thursday, and Friday. When it was all said and done, the S&P 500 closed at 3,639.66, up a modest 1.5% from its Sept. 30 close of 3,585.62, which was the lowest closing price of 2022. The index is now down 24.1% from its January 3 closing high of 4,796.56. There’s a lot to be said about what’s moving markets. (You can begin to understand what’s going… Source link

Shopify’s stock fell as much as 19 per cent following the release of fourth quarter results on Wednesday. Shopify’s stock plummeted as much as 19 per cent on Wednesday as the company forecast slower growth in 2022 due in part to inflation concerns. The e-commerce company says it expects revenue growth in 2022 to be lower than the 57 per cent growth it achieved in 2021, a year that saw Shopify’s stock hit a high of $1,762.92 last November as it held the position of most valuable company in… Source link

The logo for Google LLC is seen at their office in Manhattan, New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to reuters.com Register Dec 6 (Reuters) – The global advertising industry will notch higher growth this year than previously expected and is likely to continue its streak in 2022 as brands are relying more heavily on search engine and social-media companies such as Alphabet Inc’s Google (GOOGL.O) and Meta Platforms Inc (FB.O)… Source link

Apple, the world’s most valuable tech company, reported record revenue for a September quarter — but its stock slid after sales fell short of expectations and execs warned of ongoing supply-chain problems. The company posted $83.4 billion in revenue, up 29% year over year, and net income of $20.6 billion (or quarterly earnings per diluted share of $1.24). Wall Street analysts on average had pegged Apple revenue to come in at $84.85 billion and EPS at $1.24. Click here to sign up for… Source link

Severe supply chain disruptions forebode a “brutal winter” for markets, which could suffer from heightened uncertainty if Congress fails to raise the debt ceiling well ahead of a December deadline, Citigroup (C) CEO Jane Fraser told Yahoo Finance at its All Markets Summit on Monday.  She expressed optimism that the supply-demand imbalance could pass next year, but acknowledged that disruptions “could become more sustainable.”  “We’re probably in for a bit of a brutal winter, particularly in… Source link

(Bloomberg) — Taiwan Semiconductor Manufacturing Co. forecast fourth-quarter sales and margins that exceeded some analysts’ estimates, as demand for chips stayed robust in the face of worsening snarls in the supply chain. Most Read from Bloomberg The world’s No. 1 foundry said Thursday it expects revenue of as much as $15.7 billion in the three months ended December, helping full-year sales grow by about 24% in dollar terms. Gross margin may be as high as 53%, with executives reiterating… Source link

Tech juggernaut Amazon (AMZN) reported its Q2 2021 earnings after the closing bell on Thursday, missing expectations on revenue and falling short on Q3 guidance. Here’s are the most important numbers from Amazon’s report compared to analysts’ expectations as compiled by Bloomberg. Revenue: $113.08 billion versus $115.06 billion expected EPS: $15.12 versus $12.22 expected AWS revenue: $14.81 billion versus $14.18 billion expected Amazon’s stock was off as much as 5% following the earnings… Source link

PepsiCo’s (PEP) second quarter earnings release is going down easy for investors.  The beverage and snacks giant — widely expected by analysts to have a strong quarter as economies globally re-open from the pandemic — blew away forecasts across the board. Total revenue rose 20.5% from a year ago, powered by strong double-digit sales gains in PepsiCo’s North America beverage, Latin America, EU and Africa businesses. Sales rose by 6% each in the Frito Lay North America and Asia Pacific… Source link