Computer graphics card maker Nvidia (NASDAQ: NVDA) is set to announce its last-quarter financial results on Wednesday, May 25, after the markets close. The company is expected to post quarterly earnings of $1.3 per share and revenues are expected to be $8.12 billion.
In the fourth quarter...
Shares of the video-chat company Zoom video communications (NASDAQ: ZM) bounced more than 10% in Monday's after-hours session after the company announced better-than-expected first-quarter financial results. Zoom also provided profitability guidance for the current quarter and full year. The...
European and UK stocks opened sharply lower on Thursday; the fall followed a pummelling session for US stocks on Wednesday. The Wall Street sell-off sparked panic in Asian markets, which then spread to Europe. Overall momentum is expected to be under pressure in the coming days as investors...
Shares of online gaming platform Roblox Corporation (NYSE: RBLX) initial dropped more than 10% following the release of first-quarter earnings results on Tuesday, May 10. The stock plunged to a fresh 52-week low of $21.65 on May 11. While later the stock rebounded more than 50% from its recent...
Shares of the world’s largest retailer Walmart (NYSE: WMT) crashed more than 10% on Tuesday after the company reported mixed last quarter financial results. The retailer giant’s quarterly profits sorely missed Wall Street’s forecasts while total revenue for the first quarter rose 2.4% to $141.57...
Shares of the Seattle-based coffee chain Starbucks Corporation (NASDAQ: SBUX) surged 10% on Wednesday, May 04 after the company's fiscal second-quarter revenue topped estimates. The revenue for the second quarter reached $7.6 billion, which was up 15% year-over-year and the company opened 313...
Finally, the most awaited May Federal Reserve FOMC policy meeting decision is due to release today. The meeting outcome could bring extra volatility to the global markets. The FED is expected to hike its benchmark federal funds rate by 50 basis points for the first time since 2000. The U.S...
The second-largest bank in the US, the Bank of America (NYSE: BAC) reported better-than-expected first-quarter results on Monday, April 18. During the first quarter, BAC's revenue increased by 2% to $23.23 billion from $22.8 billion a year earlier supported by the strong growth in its consumer...
The PC and printing titan HP (NYSE: HPQ) agrees to buy the headset manufacturer Plantronics (NYSE: POLY) for a purchase price of $1.7 billion, with a total transaction value of $3.3 billion, including debt. The deal is expected to close by the end of 2022, subject to Poly shareholder and...
Google parent company Alphabet (NASDAQ: GOOGL) shares continued the rebound and crossed above $2800 this week. Alphabet shares have taken a hit since the company announced last quarter's earnings results. The stock dropped more than $500 from the post-earnings high of $3031.
Alphabet Q4...
Shares of the sneaker giant Nike (NYSE: NKE) surged more than 6% on Tuesday after the company released better-than-expected third quarter (Q3) financial results. The strong Q3 results were boosted by the robust holiday demand and digital business. Nike Brand Digital sales increased 19% led by...
Shares of the department store giant Target (NYSE: TGT) bounced more than 10% after the company's fourth-quarter earnings came in better than analysts were expecting. For the period, Target earned a profit of $3.19 per share and the company released an upbeat revenue outlook for 2022. The...
The pizza delivery chain Domino's Pizza (NYSE: DPZ) is scheduled to announce its fourth-quarter earnings report today before the market open. Consensus forecast EPS of $4.29 on revenue of $1.35 Billion. Domino's is one of the most well-known restaurant chains globally, with more than 18,300...
Shares of Moderna (NASDAQ: MRNA) jumped 15% last Thursday after the drugmaker announced solid fourth-quarter financial results. The company revenue for the last quarter increased to $7.2 billion from $571 million compared to the same period in 2020. Meanwhile, the overall sentiment of the stock...
Oil and gas company Halliburton (NYSE: HAL) stock has risen almost 40% this year and the stock created a new 52-week high of $34.32 on Feb 16, 2022. The recent strong upside momentum is supported by the release of upbeat fourth-quarter financial results and oil prices rally. During the last...
The e-commerce giant Shopify (NYSE: SHOP) earnings release for the fourth quarter is slated for February 16, before markets open. The company is expected to post quarterly earnings of $1.27 per share and revenues are expected to be $1.34 billion.
Shopify stock witnessed a big correction...
Ride-hailing and food delivery company Uber (NYSE: UBER) posted better-than-expected fourth-quarter financial results on Wednesday after the market close. For the last quarter, Uber reported revenue of $5.78 billion, up 83% year-over-year. Meanwhile, Uber’s rival Lyft reported Q4 revenue of...
The beverage and snack giants Coca-Cola (NYSE: KO) and PepsiCo (NASDAQ: PEP) is scheduled to announce fourth-quarter financial results on Thursday, Feb 10 before the bell. Beverage makers Coke and Pepsi expected to beat the Q4 market expectations. However, fears over the Omicron variant of...
“2021 was an outstanding year for AMD with record annual revenue and profitability,” AMD CEO, Lisa Su said.
The stock of Advanced Micro Devices (NASDAQ: AMD) jump 12% in pre-market trading on Wednesday after the chipmaker posted stronger-than-expected fourth-quarter revenue and earnings...
Google-parent Alphabet (NASDAQ: GOOGL) stock spiked 9% in after-hours trading following the release of strong Q4 earnings. The Q4 revenue increased by 32% from the year earlier.
EPS: $30.69 $27.34 expected
Revenue: $75.33B $72.17B expected
“Our deep investment in AI technologies continues to...
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