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This list tracks the largest earnings beats for companies recently reporting earnings. This list is produced daily using the real-time earnings results reported by Selerity and limited to the top 30 stocks that meet the criteria.
The database market is valued at roughly $68 billion. Currently, most of the technology on the market is currently outdated for the cloud era. This presents a dilemma for the companies that rely upon data and applications to support their businesses. MongoDB COO and CFO Michael Gordon joined The Final Round to discuss his database company and what it is doing to help fill the void in the market.
Broadcom Inc. shares slid Friday after half the analysts covering the chip maker raised their price targets but expressed concern about the company downplaying its wireless assets ahead of next year’s anticipated release of 5G technology.
“It was unfortunate,” Richard Galanti, Costco’s executive vice president and chief financial officer, said during a conference call with shareholders Thursday.
Adobe stock blasted into the buy zone on Friday after the maker of digital media and marketing software posted fiscal fourth-quarter sales and earnings that beat Wall Street's targets.
The stock market hit record highs hit record highs the China trade deal and other news easing stock market uncertainty. Adobe, Facebook, Lululemon and Tesla were key movers on news
The founder of Oracle NetSuite moonlights as the president of Squash on Track, a program that introduces low-income youth to the game of squash in Redwood City.
Wall Street analysts are surprised over (AVGO)’s new direction, putting less emphasis on its wireless-chip businesses. On Thursday, the technology company reported adjusted earnings per share of $5.39 for its fiscal fourth quarter, in line with the Wall Street consensus estimate, according to FactSet. Broadcom generated revenue of $5.78 billion for the same quarter, a touch above the average forecast of $5.77 billion among analysts.
After a hiccup caused Loomis to pull back a new draft environmental impact report for a new Costco within days of its release, the document is scheduled to be released again next week.
Adobe Inc (NASDAQ: ADBE ) reported fourth-quarter results Thursday that were highlighted by record quarterly revenue of $2.99 billion and record annual revenue of $11.17 billion. Here's how the Street ...
It's difficult to lock down the absolute best stocks to buy for any year - but 2020 could be particularly challenging.For one, 2019's run-up has lifted stocks to sky-high prices only seen a handful of times in history. Also, the global economy is starting the year at a potential inflection point - growth has been weakening for months, but signals of a turnaround are starting to pop up. And the 2020 presidential cycle is almost certain to cause headaches for a number of politics-sensitive sectors.The year ahead could be every bit as volatile as 2019, if not moreso. Thus, the best stocks for 2020 will need to have not just decent-to-robust growth prospects, but a little durability too. That's quite the needle to thread ... but several companies do fit that bill.Here are the 20 best stocks to buy for 2020, rain or shine. A few of these possess typical defensive characteristics such as recession-resistant businesses and/or high dividend yields. A few possess qualities that could protect them from 2020-specific dangers, such as trade turbulence or the upcoming presidential elections. But all of them merit a place in most stock portfolios in the coming year. SEE ALSO: 20 Dividend Stocks to Fund 20 Years of Retirement
Costco Wholesale Corp. shares slid 1.9% Friday, as analysts weighing in on the company's latest quarterly earnings said they were solid but not stellar. "We would say that COST delivered a strong quarter by most retailers' measures, but by Costco's standards was somewhat average," wrote Instinet analyst Michael Baker, who rates the stock as neutral. "While in no way a negative catalyst with the stock trading at ~34.5x FY20 consensus EPS, we think that the market would want more of a beat to get the stock appreciably higher from here, especially with a tougher profit comparison ahead in 2Q." JPMorgan said the stock remains a core long-term holding in its view, as it continues to capture market share from peers and other retailers, while its food business in the U.S. and internationally remains robust. "Moreover, we still see the high probability of a special dividend given COST ended 1Q with $9B in cash," analyst Christopher Horvers wrote in a note. Costco shares have gained 43% in 2019, while the S&P 500 has gained 26%.
A multiyear business restructuring by Oracle has moved the database software giant solidly into cloud computing, as bulls and bears continue to debate what it means for the company's stock.
The three major U.S. stock market indexes fell, then rose, then dropped again as some details of an initial trade deal between the U.S. and China were unveiled in tumultuous fashion.
We found three cloud-focused software stocks using our Zacks Stock Screener that investors might want to consider buying for 2020...
Susquehanna Financial Group analyst Christopher Rolland points out in a research note that (AVGO) (ticker: AVGO) disclosed Thursday in reporting fiscal fourth-quarter earnings that it lost “a mixed signal customer product” from its largest customer. Rolland said that while the comment could be a reference to wireless charging, it more likely involves the touch controller in the phone—and could be a win for Synaptics (SYNA), a San Jose, Calif., company that makes touchpads and similar components for phones and laptops. Apple never comments on its relationships with suppliers, and discourages its partners from commenting as well.
Retail giant (COST) beat Wall Street estimates—by a lot. Costco (ticker: COST) might just be a victim of its own success. Wall Street was looking for earnings of $1.71 a share from about $36.4 billion in net sales.