Tag Archives: sales

Papa Johns (PZZA) is getting extra spicy. The pizza chain officially debuted its hottest pizza to date — the new “Dragon Flame Pizza” — in honor of the upcoming “Game of Thrones” prequel “House of the Dragon.” The spicy concoction, hand-tossed in Papa Johns’ signature pizza sauce, is topped with sriracha dry spice, smoked pulled chicken, Italian sausage, fresh green peppers, melty cheese, and Fresno chilies. The final pie is dusted with red chili and garlic crunch. To celebrate the new menu… Source link

(Bloomberg) — Microsoft Corp. gave an upbeat sales forecast for the fiscal year that just began, easing investor concerns about growth that had flared up following a lackluster fourth-quarter earnings report. Shares jumped more than 5% in late trading, reversing earlier declines. Most Read from Bloomberg On a conference call Tuesday, the software giant said it expects revenue and operating income to increase at a double-digit pace for fiscal 2023, which ends next June. Currency fluctuations… Source link

A Google sign is pictured outside the Google office in Berlin, Germany, August 31, 2021. REUTERS/Annegret Hilse Register now for FREE unlimited access to Reuters.com Register July 26 (Reuters) – Alphabet Inc (GOOGL.O) on Tuesday barely missed estimates for quarterly revenue, showing that its industry-leading Google search and advertising business may be able to withstand big countries potentially going into recession over the next year. Shares of Alphabet rose 3.5% in after-hours trading.

(Bloomberg) — US social-media giants were poised to see more than $76 billion wiped off their stock-market values Friday after disappointing revenue from Snap Inc. raised concerns about the outlook for online advertising. Most Read from Bloomberg The Snapchat parent plummeted as much as 30% in premarket trading. Meanwhile, Facebook parent Meta Platforms Inc. fell 4.8%, Google owner Alphabet Inc. declined 2.8%, Twitter Inc. slipped 2.5% and Pinterest slumped 7.2%. The losses mark the second… Source link

U.S. stocks rallied Friday to cap a four-day losing streak on Wall Street. Sentiment was buoyed by better-than-expected retail sales data and a surprise earnings beat from Citigroup (C). The S&P 500 surged 1.9%, while the Dow Jones Industrial Average added 657 points, or roughly 2.2%. The tech-heavy Nasdaq climbed 1.8%. Blowout second-quarter results from Citi lifted shares of banking industry peers to post the best intraday rally for the sector since May, according to Bloomberg data. The mega… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, July 6, 2022 The PC sales slump will hit chip makers too The red-hot pandemic-era PC market is finally cooling off, and that could spell trouble for everyone from PC makers like HP (HPQ) to chip manufacturers such as Intel (INTC) as shipments of devices collapse. The cause? You guessed… Source link

(Bloomberg) — Oracle Corp. reported results and gave a forecast suggesting the effort to move its customers to the cloud is gaining momentum, and the acquisition of health care records provider Cerner Corp. will help accelerate the growth of the business. Most Read from Bloomberg Investors reacted positively, sending shares up more than 13% in pre-market trading Tuesday after a day in which the overall market plunged and Oracle’s stock hit a 16-month low. “Couple a high growth rate in our… Source link

Welcome back to The Station, your weekly guide to everything going on in the world of transportation. Many readers of this weekly newsletter are likely enjoying a three-day weekend thanks to the Memorial Day holiday. So, this week I will keep it a wee bit shorter. Before we get started, check out the latest transportation Q&A, this time with Convoy co-founder and CEO Dan Lewis. He predicts digital freight will go mainstream within the year. Why? Lewis said: “The industry is going to contract… Source link

(Bloomberg) — Alibaba Group Holding Ltd.’s quarterly revenue rose a better-than-expected 9%, reassuring investors trying to come to grips with the economic cost of sweeping lockdowns intended to eradicate Covid-19. Most Read from Bloomberg But China’s e-commerce leader also refrained from offering its usual outlook for the year, underscoring the unpredictable impact of a Covid Zero policy that’s already cast the country’s supply chains into disarray and hammered consumer… Source link

(Bloomberg) — Advanced Micro Devices Inc. gave a strong sales forecast for the current quarter, indicating that the chipmaker continues to make strides in its most lucrative market: data-center processors. Most Read from Bloomberg AMD predicted second-quarter sales of roughly $6.5 billion, compared with an average analyst estimate of $6.03 billion. That helped send the shares up as much as 8.3% in late trading Tuesday. The outlook helped allay concerns that the chip market is slowing — and… Source link