Category: earnings
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Chevron reports Q2 earnings miss on weak refining margins By Reuters
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Written by Sabrina Valli and Merinalika Roy (Reuters) – Chevron Corp on Friday reported second-quarter earnings that missed Wall Street estimates due to industry-wide pressure from lower refining margins and prices, sending its shares down 1.5 percent in premarket trading. The company had earlier warned that oil production would decline…
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Lufthansa sees earnings slump in third quarter as costs rise By Reuters
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By Ilona Wiesenbach, Joanna Plosinska, and Rachel Moore BERLIN/LONDON (Reuters) – Lufthansa warned on Wednesday of a drop in third-quarter profit as the German airline group faces higher wage costs and pressure on ticket prices, pointing to tougher market conditions in the aviation sector. Airfare prices in Europe and Asia…
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Starbucks reports in-line Q3 earnings as sales miss on China weakness; shares up By Investing.com
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Investing.com – Starbucks Corp reported mixed third-quarter results on Tuesday, with earnings matching Wall Street estimates while revenue fell short of expectations due to weak sales in China. Shares of Starbucks Inc. (NASDAQ:) rose more than 2% in premarket trading on Wednesday. Starbucks earned $0.93 on revenue of $9.1 billion.…
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US stock futures rise with Fed, big tech earnings in focus By Investing.com
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U.S. stock index futures rose in overnight trading on Sunday as focus shifted to the Federal Reserve’s upcoming meeting for further signals on interest rate cuts. Also in focus was a string of second-quarter earnings from Wall Street heavyweights such as Apple Inc and Microsoft Corp, which are due in…
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Notable earnings after Monday’s close
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Notable earnings after Monday’s close
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Christmas. November 28, 2024 at 5:35 PM ETPyongyang, FFIV, LSCCPCH, RMBS, SBAC, AMKR, HSII, SANM, NEU, CR, HOLX, FLS, CNO, EQR, HLIT, CORT, WELL, NEO, LTC, PRTS, KFRC, VIV, CVI, SB, CSR, ST, PLOW, INN, UAN, WWD, SFM, BRX, VRNS, EKSO, TTOO, SAFE, TLRY, CWK, ESI, CDP, CHK, NTST, SES,…
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How This Week’s Big Tech Earnings Could Affect the Broader Market
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Amazon, Apple, Meta, Microsoft to release quarterly results this week The post How This Week’s Big Tech Earnings Could Affect the Broader Market first appeared on Investorempires.com.
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Earnings from AI giants could push the Nasdaq 100 over the edge
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The massive exodus of big tech companies has sent the Nasdaq 100 down 8% in just two weeks, putting it on the verge of a correction. Whether it can avoid that dubious event will likely hinge on the earnings of four companies whose combined value is nearly $10 trillion. In…
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Spooked U.S. stock market faces tech earnings minefield, Fed meeting By Reuters
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By David Randall NEW YORK (Reuters) – Nervous investors are bracing for earnings from the market’s biggest technology companies, a Federal Reserve policy meeting and closely watched employment data in a week that could determine the immediate path for U.S. stocks after a bout of intense turmoil. A months-long rally…
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Tech Giants’ Earnings Disappoint. Wall Street Ends Deep Red
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U.S. stocks fell on Wednesday, led by a selloff in technology stocks after disappointing earnings reports from Alphabet Inc., the parent company of Google, and electric carmaker Tesla Inc. The weak start to the earnings season for major companies raised concerns about the recent surge in stock prices driven by…
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IMAX Shares Add 5% After Q2 Earnings and Revenue Beat By Investing.com
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NEW YORK — IMAX Corporation (NYSE: NYSE:) reported a big beat in both earnings and revenue for the second quarter of 2024, sending its shares up 5.5% as the market reacted to the news. The global entertainment platform reported adjusted earnings per share of $0.18, beating analysts’ expectations of $0.08.…
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Nasdaq sees biggest drop in 2 years as tech earnings spark selloff
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Real supportIndependent Press Find out moreClose Our mission is to provide unbiased, fact-based reporting that holds power to account and exposes the truth. Whether it’s $5 or $50, every contribution counts. Support us to provide journalism without an agenda. Major stocks fell sharply on Wednesday after several companies reported disappointing…
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Big Tech earnings wont be make or break for the stock market: Morning Brief
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This is what I took away from today’s morning briefing, which you can subscription To be delivered to your inbox every morning with: Tesla (TSLA) and Alphabet (GOOGL) kicked off Tuesday’s big tech earnings season with mixed results. Both were down in after-hours trading. But for all the concern about…
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Asian stocks drop as tech tracks weak US earnings; China remains on backfoot By Investing.com
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Most Asian stocks fell on Wednesday, weighed down by renewed losses in the technology sector as major corporate earnings in the United States fell overnight, while sentiment toward China also showed little sign of improvement. Regional stocks received weak support from Wall Street, especially as U.S. stock index futures fell…
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S&P500 closes lower as big tech set to get earnings underway By Investing.com
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U.S. stocks rose slightly on Tuesday, but gains remained in check amid cautious trading ahead of quarterly earnings from major technology companies. At 14:59 ET (18:59 GMT), the S&P 500 was up 58 points, or 0.2%, while the FTSE 100 was up 0.1% and the S&P 500 was up 0.2%.…
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General Motors shares rally after earnings and revenue beat, raises full-year outlook By Investing.com
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General Motors (NYSE:GM) shares rose 5.45% after reporting second-quarter results that beat expectations on both earnings and revenue. The auto giant reported adjusted earnings per share of $3.06, well above the consensus estimate of $2.71. Revenue for the quarter also topped expectations, coming in at $47.97 billion versus the $45…
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Cathie Wood’s Ark Invest Snaps Up $5.3M In Beaten-Down Crowdstrike Shares, Dumps $3.7M Worth Of Tesla Stock Before Q2 Earnings
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Cathie Wood’s Ark Invest Sold $5.3 Million in Crowdstrike Stock, Dumped $3.7 Million in Tesla Stock Ahead of Q2 Earnings on monday, Katie Wood-Drove Ark Invest He made major deals including: CrowdStrike Holdings (NASDAQ: CRWD) and Tesla Inc. (NASDAQ:TSLA), despite the turbulent market conditions surrounding these companies. Crowdstrike Trading the…
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Earnings growth expectations ‘too aggressive’ for Q2 – JPM (S&P Complete Indices:SP500)
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Microstock Hub Analysts at JPMorgan said the consensus earnings forecast was too aggressive. With more than 60% of the market capitalization of the S&P 500 and STOXX 600 set to report in the next two weeks, earnings growth momentum is The global economy is expected to rebound, but the outlook…
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Spotlight on GDP, PCE data and earnings By Investing.com
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U.S. stocks ended Friday in the red, as Wall Street wrapped up a week marked by a shift from this year’s big-cap winners to smaller names. The Dubai Financial Market Index fell by 0.71% to close at 5,505.00 points, and also fell by 0.81% to close at 17,726.94 points, and…