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Post-it Manufacturer 3M Sticks Landing While Ford Tanks: Biggest Beats And Misses From Earnings Season So Far
Tuesday, July 30, 2024 - 2:53pm | 758The U.S. market is in the thick of second-quarter earnings releases, with about half of the SPDR S&P 500 ETF Trust (NYSE:SPY) issuing quarterly reports thus far. Here’s all you need to know about companies’ performances and how Wall Street has reacted. Broad Market Data: S&P...
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Hackers Steal $718M From Web 3 Attacks In Q2 2022: Report
Sunday, July 17, 2022 - 1:45pm | 273According to a recent study by Web 3 security firm Beosin, over $718 million were lost to Web 3-related schemes during the second quarter of 2022. The report says 48 major “attacks” were responsible for the losses incurred. Each accounted for over $100 million in losses, with 28...
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Stand By Apple Stock Despite Supply-Chain Woes
Tuesday, May 17, 2022 - 2:23pm | 815By David Moadel, InvestorPlace.com Contributor - Apple recently served up excellent fiscal results, but not every analyst is in the bull camp. - However, a deep dive into the data ought to quell the skeptics' concerns, even in the face of supply-chain issues. - Investors should hold onto their...
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Zooming In On Zoom's Solid But Not Good Enough Results
Friday, September 3, 2021 - 10:04am | 699Despite logging its first billion-dollar quarter, the stock of Zoom Video Communications (NASDAQ: ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows...
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Airbnb Did Not Deliver Vaccines- But It Is Just As Much Of A Hero
Tuesday, August 31, 2021 - 10:05am | 694Last week, Reuters reported that Airbnb (NASDAQ: ABNB) has offered to provide free, temporary housing to 20,000 Afghan refugees across the globe, helping its shares close up 10% after the announcement. Last Thursday, the company revealed it will allow anyone with available space to sign up to...
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FootLocker, Deere Become Latest Major Companies To Impress With Earnings Results
Friday, August 20, 2021 - 10:07am | 2395We’re on track for a losing week, though stocks continue to show resilience. Thursday was the most recent example. Yesterday’s rally after a steep early drop was really impressive as the “buy the dip” mentality lives on. There’s no way else to explain it. It...
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Nvidia Delivered But Its Crypto Product Fell Short
Friday, August 20, 2021 - 9:57am | 782On Wednesday, Nvidia (NASDAQ: NVDA) reported its second-quarter earnings and succeeded in beating Wall Street estimates on the back of strong graphics card sales. However, its cryptocurrency chip product, CMP, had lower sales than Nvidia itself had predicted in May. Still, shares were up 2% upon...
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Thursday's Market Minute: Earnings Outlook: S&P Futures Slip As Technicals Turn Over
Thursday, August 19, 2021 - 10:13am | 283S&P 500 futures saw a 1.8% slide during the last two days, as Tuesday and Wednesday’s downward price action on heavy volume was like a bucket of ice water on a sleepy summer market. All the gains of the lethargic grind upward during the past few weeks were wiped away, but the /ES was...
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Home Depot Beats Vs Weakening DIY Trends
Thursday, August 19, 2021 - 10:05am | 712Home Depot Inc. (NYSE: HD) revealed its sales rose more slowly than earlier in the pandemic that brought on a rapid surge in home improvement spending. The earnings and revenue beats were not enough to offset weakening DIY trends that did all the talking. Shares tumbled 5% as the home improvement...
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Walmart's Sales Show Consumers Aren't Afraid Of Delta
Wednesday, August 18, 2021 - 10:03am | 848Walmart (NYSE: WMT) logged another quarter of rising U.S. sales with both sales and profits exceeding Wall Street's estimates. It turns out that store visits offset slower online growth as customers flocked to stores for items like luggage, party supplies and apparel and classroom items as they...
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Tuesday's Earnings Outlook: Staying On Target (TGT)
Tuesday, August 17, 2021 - 10:18am | 382Target (NYSE: TGT) is set to release its second-quarter earnings tomorrow before the market open. Considered by many as an essential retailer during the initial phase of the COVID crisis, Target served as a popular destination for consumers needing to stock up on supplies. CEO Brian Cornell said...
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Mondelez Is Going For The Pastries
Tuesday, August 17, 2021 - 10:09am | 733Mondelez International Inc (NASDAQ: MDLZ) is on track after reporting a strong second quarter. With sales rising 12.4% and profit coming in higher than expected, the confectionery giant is going on an acquisition spree that rolled with its $2 billion acquisition of Eastern European baked goods...
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The Tech Side Of The Earnings Week Ahead
Tuesday, August 17, 2021 - 10:05am | 998Besides retailing earnings reports, Cisco (NASDAQ: CSCO), Nvidia (NASDAQ: NVDA), and Applied Materials (NASDAQ: AMAT) are scheduled to report earnings this week. Nvidia and Applied Materials enjoyed impressive growth in revenue and earnings due to favorable demand trends and the...
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A Rollercoaster In Apple
Tuesday, August 17, 2021 - 10:03am | 692The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Hey 5-Star Trader, “Tuesday Trade” Journal: One of the most important concepts in trading is to review your work, and...
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Retail Kicks Off Final Stretch Of Earnings Season Amid A Slew Of Manufacturing, Retail, And Housing Data
Monday, August 16, 2021 - 10:12am | 2676It’s a shopping extravaganza this week as retailers line up to report. The fun starts tomorrow when Walmart (NYSE: WMT) steps to the plate. Before that, the focus this morning appears to be on the Fed, China, and Afghanistan. Data showed the Chinese economy growing a little...