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Stocks

“Snap shares soar 23% as company beats on earnings, shows strong revenue growth”

May 2, 2024

“Snap reported first-quarter results on Thursday that beat analysts’ estimates and showed a return to double-digit revenue growth. Shares soared more than 23% in extended trading.   Here’s how the company did:  Revenue for Snap’s first quarter increased 21% from $989 million in the… Continue Reading…

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Business

“Verizon Earnings Top Views, Wireless Service Revenue Beats On Price Hikes”

May 1, 2024

“Verizon Communications (VZ) on Monday reported first-quarter earnings that fell from a year earlier but topped Wall Street estimates. Verizon stock initially rose, then reversed down although wireless service revenue came in above expectations. Reported before the market open, Verizon earnings… Continue Reading…

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Business

“Netflix blows past earnings estimates as subscribers jump 16%”

May 1, 2024

“LOS ANGELES — Netflix will no longer provide quarterly membership numbers or average revenue per user starting next year, the company said Thursday as it reported earnings that beat on the top and bottom lines. Total memberships rose 16% in the first quarter, reaching 269.6… Continue Reading…

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Stocks

“Tesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of Earnings”

April 25, 2024

“…The company’s shares are weathering the longest rout since late 2022, tumbling nearly 19% over the past seven days, amid doubts about its business strategy as sales of electric vehicles slump… Such concerns have driven the stock down nearly 43%… Continue Reading…

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Economy, Stocks

“Technology stocks show signs of ‘breaking down’ ahead of Big Tech earnings”

April 24, 2024

“Technology stocks were broadly showing signs of “breaking down,” as the sector struggles in a slump this month that has deepened significantly, according to Bespoke Investment Group.  The S&P 500’s information-technology sector tumbled 7.3% last week, its biggest weekly drop… Continue Reading…

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Business, Stocks

“United Airlines jumps 17% on strong earnings forecast, cuts 2024 fleet plan on Boeing delays”

April 22, 2024

“United Airlines shares surged more than 17% Wednesday to a seven-month high after the carrier forecast second-quarter earnings well ahead of Wall Street estimates despite ongoing delivery delays from Boeing. The airline expects to post earnings of between $3.75 and $4.25… Continue Reading…

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Business

“CrowdStrike Peer Ramps Up 406% Growth — And New Buy Point”

March 29, 2024

“Boosted by 406% earnings growth last quarter and strong forecasts ahead, CyberArk Software (CYBR) has set up a new potential breakout after already fueling an impressive run. As a result, CYBR stock has secured its place on the latest list of new buys… Continue Reading…

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Business, Stocks

“Altria adds $2.4 billion to share repurchase kitty, lifts earnings forecast on AB InBev stake sale”

March 20, 2024

“Altria Group expanded its share buyback program by $2.4 billion and raised its annual profit forecast on Thursday, after the Marlboro maker agreed to sell about 10% of its stake in brewer Anheuser-Busch InBev… The company now expects 2024 adjusted… Continue Reading…

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Stocks

“Shares of Dick’s Sporting Goods soar 15% on holiday earnings beat, dividend raise”

March 19, 2024

“… …” https://www.cnbc.com/2024/03/14/dicks-sporting-goods-dks-earnings-q4-2023.html

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Stocks

“SoftBank shares extend their surge, pop more than 15% on earnings beat”

February 23, 2024

“Shares of SoftBank Group rose as much as 15.29% Friday morning, a day after the Japanese investment firm posted earnings that beat analysts’ expectations. SoftBank’s on Thursday posted its first quarterly profit following four quarters of losses, thanks to big gains at… Continue Reading…

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