Tag Archives: short

Apple misses Q1 earnings expectations as iPhone sales fall short

Apple misses Q1 earnings expectations as iPhone sales fall short

Apple (AAPL) reported its Q1 earnings after the closing bell on Feb. 2, missing analysts’ expectations on the top and bottom line as iPhone sales came up short, declining more than 8% year-over-year. Here are the most important numbers from the report compared to what Wall Street was expecting, as compiled by Bloomberg. Revenue: $117.1 billion versus $121.1 billion expected Adj. earnings per share: $1.88 versus $1.94 expected iPhone revenue: $65.7 billion versus $68.3 billion expected Mac… Source link

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Scott Rolen elected to Baseball Hall of Fame while Alex Rodriguez again falls well short

Scott Rolen elected to Baseball Hall of Fame while Alex Rodriguez again falls well short

Scott Rolen became the rare third baseman to make the Baseball Hall of Fame. (REUTERS/Mike Blake) It took six tries, but St. Louis Cardinals great Scott Rolen is heading to the Hall of Fame. Rolen received the news that he would be enshrined in Cooperstown on Tuesday. He is the only member of the 2023 Hall of Fame class voted in by the Baseball Writers’ Association of America this year. Rolen barely got in, receiving 76.3% of the vote. Players need 75% of the vote to be enshrined in… Source link

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Musk’s short reign at Twitter has been chaotic. Don’t count him out.

Musk’s short reign at Twitter has been chaotic. Don’t count him out.

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, Nov. 16, 2022 Musk’s Time at Twitter has been a mess, but he could still turn it around Elon Musk’s takeover of Twitter spurred chaos from the get-go. From bungled mass layoffs, to the launch of a verification system that Twitter halted days after its release, Musk’s first weeks… Source link

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Google misses on expectations as YouTube ad revenue comes up short

Google misses on expectations as YouTube ad revenue comes up short

Google parent Alphabet (GOOG, GOOGL) reported its third-quarter earnings on Tuesday, falling short of analysts’ expectations on the top and bottom line, as YouTube advertising revenue came up $400 million short of estimates. These are the most important numbers from the report compared to what Wall Street was expecting of the company, as compiled by Bloomberg. Shares of Alphabet were down nearly 6% following the announcement. The digital advertising market has been struck by a slowdown in… Source link

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Short sellers betting against Cathie Wood’s ARK ETFs are up $2.4 billion this year

Short sellers betting against Cathie Wood’s ARK ETFs are up $2.4 billion this year

Traders betting against Cathie Wood’s ARK Invest have had a lucrative run this year. Shorting the firm’s family of eight exchange-traded funds (ETFs) has turned investors a mark-to-market profit of $2.4 billion so far in 2022 – more than twice the $941 million profit they made in all of last year, per figures from data analytics firm S3 partners. Of that gain, $492 million has been generated since mid-August, as technology stocks resumed a downslide amid renewed rate hike fears and… Source link

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