Tag Archives: slow

Nvidia results, forecast beat estimates across the board as China sales slow ‘significantly’

Nvidia results, forecast beat estimates across the board as China sales slow ‘significantly’

Nvidia (NVDA) reported its fourth quarter earnings after the bell on Wednesday, beating analysts’ expectations on the top and bottom lines. For the quarter, Nvidia reported adjusted earnings per share (EPS) of $5.16 on revenue of $22.1 billion. Analysts were expecting EPS of $4.60 on revenue of $20.4 billion. That’s a massive jump from the same period last quarter when Nvidia reported EPS of $0.88 on $6.1 billion a year ago. To put a finer point on Nvidia’s performance, the company reported… Source link

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Microsoft earnings beat expectations, cloud growth continues to slow

Microsoft earnings beat expectations, cloud growth continues to slow

Microsoft (MSFT) announced its Q2 earnings after the bell on Tuesday, barely missing analysts’ expectations on revenue and beating on earnings per share. Here are the most important numbers from the report compared to what analysts were expecting from the quarter, as compiled by Bloomberg. Revenue: $52.7 billion vs. $52.9 billion expected Adjusted EPS: $2.32 vs. $2.30 expected Productivity and Business processes: $17 billion vs. $16.8 billion expected Intelligent Cloud: $21.5 billion vs. $21.4… Source link

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Slow fade for Google and Meta’s ad dominance

Slow fade for Google and Meta’s ad dominance

Data: Insider Intelligence. Note: E-commerce includes Amazon, eBay, Walmart and Etsy; streaming includes TikTok, Hulu, Roku, Pluto, Tubi, Spotify, Pandora and iHeartMedia; tech includes Microsoft, Yelp and Verizon/Yahoo; social media includes Snap, Twitter, Pinterest and Reddit. Grey space indicates all other U.S. digital advertising. Chart: Axios Visuals Google and Meta, known together in the ad industry as the “duopoly,” are expected to bring in less than half of all U.S. digital advertising… Source link

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Costco earnings arrive as consumers slow down slightly

Costco earnings arrive as consumers slow down slightly

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

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Costco earnings arrive as consumers slow down slightly

Costco earnings arrive as consumers slow down slightly

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

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Google admits its Google TV software is too slow

Google admits its Google TV software is too slow

Google has been working on making its TV experience faster, more responsive, and less of a hassle for users. According to a post on its support forums on Monday, the company has been working on improving boot time, general performance, and the number of options for managing storage on both third-party TVs as well as its Chromecast with Google TV streaming puck. The company says that it’s made it so the Google TV homescreen loads faster, reducing the amount of time before you can pick… Source link

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Papa Johns debuts new ‘Game of Thrones’–inspired pizza as sales slow

Papa Johns debuts new ‘Game of Thrones’–inspired pizza as sales slow

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

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The economy ‘is going to slow a lot’ — but there is one big upside

The economy ‘is going to slow a lot’ — but there is one big upside

If there is any upside for investors from the slowing U.S. economy, it’s that the Federal Reserve may have no other choice but to put the brakes on its aggressive pace of rate hikes later this year. “There are two reasons that they would slow the pace,” Goldman Sachs Chief U.S. Economist David Mericle told Yahoo Finance Live at the firm’s 10,000 Small Businesses Summit (video above). “One reason is I think the economy is going to slow a lot. And you’re going to see that in a much more… Source link

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The job market is poised to slow ‘sharply,’ Goldman warns

The job market is poised to slow ‘sharply,’ Goldman warns

The U.S. job market is poised for a rapid slowdown as economic growth cools, Goldman Sachs warned in a new report. “We continue to expect that the slowing economy will lead job growth to fall sharply to 150k/month in 2022H2 and to 60k/month in 2023, causing the unemployment rate to gradually rise to 3.8% at end-2023 and 4.0% at end-2024,” Goldman Chief Economist Jan Hatzius said. “We see risks around this forecast as two-sided, reflecting elevated risk of a recession that would cause greater… Source link

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