Microsoft Stock Drops On Weak Outlook, Slowing Azure Growth
Software giant Microsoft edged above expectations for earnings in its fiscal second quarter but sales were light.
Software giant Microsoft edged above expectations for earnings in its fiscal second quarter but sales were light.
While oil and its refined derivatives are still the mainstay of our energy economy, their prices are rising – in fact, high prices for gasoline and diesel are major drivers of the current high rates of inflation, and are partly responsible for the strong push to promote electric vehicles (EVs). But switching to EVs doesn’t end our reliance on energy. It will just make us trade one issue – reliance on oil – for another – reliance on lithium batteries. In this case, as Elon Musk has said, “Lithium
Annaly (NLY) delivered earnings and revenue surprises of 3.49% and 61.06%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Digital Turbine (APPS) delivered earnings and revenue surprises of -21.62% and 12.24%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
V.F., an S&P 500 Dividend Aristocrat, raised its payout for at least 25 straight years before cutting. Here's how to select dividend stocks for safety.
Bill Gates looks for income, too. This is how he gets it.
The headline numbers for Lincoln National (LNC) give insight into how the company performed in the quarter ended December 2022, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Cathie Wood has made quite a name for herself as the top growth stock picker at Ark Invest in recent years. Wood has spent the last seven trading days buying metal 3D printing company Velo3D , the past eight sessions buying human tissue 3D printing company Organovo , and the past nine sessions buying clinical-stage oncology treatment company Repare Therapeutics . In 2022, Wood acquired 10.1 million new shares of Velo3D worth about $32 million, according to Stock Circle, bringing her ownership of outstanding stock to 5.8%.
“This time is different,” Burry tweeted Tuesday, including a chart that showed the roughly 40% stock market drop—and multiple bear market rallies—that occurred during the dotcom bubble.
Shares of Google parent Alphabet are down in Wall Street trading after a glitch in the company’s new artificial intelligence (AI) platform, Bard, contributed inaccurate information in promotional video.
Disney CEO Bob Iger delivered some magic.
Artificial intelligence marvel ChatGPT can write poetry, answer trivia questions and take tests. But it falls flat with S&P 500 stock picks — meaning you'll need to look elsewhere.
Credit Suisse has suffered its biggest annual loss since the 2008 financial crisis and scrapped bonuses for its top executives as the scandal-hit lender embarks on a drastic overhaul.
PepsiCo Inc. (PEP) said Thursday it had net income of $518 million, or 37 cents a share, in the fourth quarter, down from $1.322 billion, or 95 cents a share, in the year-earlier period. Adjusted for non-recurring items, the company had EPS of $1.67, ahead of the $1.65 FactSet consensus. Revenue rose to $27.996 billion from $25.248 billion a year ago, also ahead of the FactSet consensus of $26.828 billion.
PepsiCo posted a nearly 11% rise in sales for the fourth quarter as higher prices for its beverages and snacks continued to offset rising costs. The beverage maker said Thursday that it expects continued growth this year, with organic revenue, which strips out the effects of foreign-currency fluctuations, acquisitions and divestitures, projected to rise 6%. Chief Executive Ramon Laguarta said the company expects inflationary pressures to persist throughout the year.
The days of $100 oil may not be over.
DHT Holdings (DHT) delivered earnings and revenue surprises of 5.56% and 3.28%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
These are the stocks making moves in after-hours trade.
This promise was made via a signed promissory note, and the return was less than the annual return I had been experiencing years before. The question I have is twofold: What’s the best way to mend and repair the relationships with friends and family, and to what extent could I be faced with punitive legal action? Promissory notes are typically used in real estate, automobile, college and/or personal loans.
Although the revenue and EPS for Affirm Holdings (AFRM) give a sense of how its business performed in the quarter ended December 2022, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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