In this article 7974.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda. Charly Triballeau | AFP | Getty Images Nintendo on Friday reported revenue and profit that plunged in the company’s fiscal first quarter, as
Earnings
In this article CVX Follow your favorite stocksCREATE FREE ACCOUNT Gas pumps are seen at a Chevron gas station in Orlando. Paul Hennessy | SOPA Images | Lightrocket | Getty Images Chevron missed second-quarter earnings expectations, hurt by lower refining margins. The oil major also said Friday it is moving its headquarters from San Ramon,
In this article DKNG Follow your favorite stocksCREATE FREE ACCOUNT Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Mobile betting powerhouse DraftKings is planning a tax on consumers in states with the highest sports betting tax rates, as the company looks to boost profit. The company announced Thursday that starting next year it
Coterra Energy missed Wall Street expectations for sales and earnings in the second quarter. However, production volumes and more importantly cash generation both came in ahead of expectations. Revenue in the three months ended June 30 increased 7% year over year to $1.27 billion but came up short versus the $1.33 billion consensus forecast, according
Signage outside the Nasdaq MarketSite in New York on March 23, 2023. Stephanie Keith | Bloomberg | Getty Images With second-quarter earnings from tech’s mega-cap companies largely in the rearview mirror, one thing is clear: Wall Street is nervous. The Nasdaq slumped 3.4% this week, bringing its three-week slide to 8.8%. It’s the worst performance
Linde on Friday reported another impressive quarter, as the industrial gas supplier continues to demonstrate its reliability and value in a diversified stock portfolio. Revenue in the second quarter totaled $8.27 billion, a bit shy of the $8.32 expected by analysts, according to estimates compiled by LSEG. On annual basis, overall revenue was up 0.8%.
In this article XOM Follow your favorite stocksCREATE FREE ACCOUNT An Exxon Mobil gas station in Washington, D.C., on Nov. 28, 2023. Al Drago | Bloomberg | Getty Images ExxonMobil on Friday posted its second highest results for the second quarter in the past decade, as the company achieved record production in Guyana and the
Apple delivered quarterly beats after Thursday’s closing bell ahead of what’s expected to be a robust artificial intelligence iPhone upgrade cycle in the months the come. Revenue in Apple’s fiscal third quarter, which ended in June, grew 5% year-over-year to a record of $85.78 billion – ahead of the LSEG estimate of $84.53 billion. Earnings
Eaton on Thursday morning delivered quarterly beats on its top and bottom lines. Segment profit margin and organic sales growth topped estimates. Management also raised its outlook for the year. Despite that show of strength, shares of the industrial Club name were trading lower. Revenue in the second quarter increased over 8% year over year
In this article W Follow your favorite stocksCREATE FREE ACCOUNT The first Wayfair brick-and-mortar store prepares to open on May 02, 2024 in Wilmette, Illinois. Scott Olson | Getty Images Online home goods company Wayfair saw sales decline in its fiscal second quarter as its CEO likened the current slowdown in the home goods category
Meta Platforms on Wednesday reported better than expected quarterly results, delivering revenue at the high end of guidance thanks to a roughly 22% increase in advertising dollars. While there are still concerns about the company’s aggressive AI spending, we believe these investments will pay off in the long run. Revenue in the three months ended
DuPont on Wednesday reported another beat-and-raise quarter, continuing a recovery partly driven by growing demand for AI chips — and rewarding our patience with the stock. Net sales in the three months ended June 30 totaled $3.17 billion, topping the $3.05 billion estimate, according to LSEG. Sales rose 2.5% on an annual basis and 8.2%
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