$Alphabet-A(GOOGL.US$, the parent company of Google, has announced its inaugural dividend of 20 cents per share and a substantial $70 billion stock buyback program. This decision was revealed in conjunction with the company's first-quarter earnings report, which exceeded expectations and prompted as much as a 16% increase in its share price during after-hours trading.
Alphabet now joins $Meta Platforms(META.US$ in the realm o...
Alphabet now joins $Meta Platforms(META.US$ in the realm o...
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$Chipotle Mexican Grill(CMG.US$exceeded analysts' forecasts for its quarterly financial performance, with significant earnings, revenue, and same-store sales growth. Additionally, in March, Chipotle's board sanctioned a 50-for-1 stock split, marking one of the largest stock splits in the history of the New York Stock Exchange.
The stock rose over 3% in pre-market trading.
For its first quarter, revenue grew 14.1% to $2.7 billion, with sa...
The stock rose over 3% in pre-market trading.
For its first quarter, revenue grew 14.1% to $2.7 billion, with sa...
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Despite reporting a lackluster first quarter on Tuesday, featuring a 9% revenue decline and a 48% fall in adjusted net income, Tesla announced plans to accelerate the production of a "more affordable vehicle," potentially launching it late this year or early 2025. Following the earnings call and the promise of a more accessible car, Tesla's shares soared by over 12%, buoying investor sentime...
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$Tesla(TSLA.US$'s stock surged more than 12% in after-hours trading following its first-quarter earnings report, despite the company's earnings-per-share falling below analysts' expectations.
The electric-car maker did, however, surpass gross margin estimates and announced plans to fast-track production of new, more affordable vehicle models. The stock had previously risen 1.8% in Tuesday's trading but has been underperforming in ...
The electric-car maker did, however, surpass gross margin estimates and announced plans to fast-track production of new, more affordable vehicle models. The stock had previously risen 1.8% in Tuesday's trading but has been underperforming in ...
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$Microsoft(MSFT.US$ is set to report earnings for the third quarter of its 2024 fiscal year on Thursday after the bell, when investors will likely be watching for its cloud segment growth and any artificial intelligence (AI) updates from Microsoft's OpenAI partner.
Consensus Estimates
• Analysts project Microsoft's revenue for the quarter to come in at $60.86 billion, down slightly from the previous quarter ...
Consensus Estimates
• Analysts project Microsoft's revenue for the quarter to come in at $60.86 billion, down slightly from the previous quarter ...
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Geopolitical tensions coupled with robust central bank buying had driven gold to a record high of $2,431.29 on April 12. However, gold and silver prices dropped to a two-week low on Tuesday amid subsiding fears of a Middle East conflict escalation and as investors locked in profits ahead of important U.S. data that could indicate the Federal Reserve's interest rate path. On Monday, gold futures...
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The Federal Reserve's resetting of its interest rate clock, the rapid rise in US bond yields, and the escalating conflict in the Middle East have led to the biggest outflow of funds from the US stock market in over a year.Investors are keenly monitoring the upcoming earnings season for technology companies to see if it will serve as a stabilizing force for the U.S. stock market.
Fed Resets Clock on Interes...
Fed Resets Clock on Interes...
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Tesla is scheduled to release its financial results post-market on April 23. Faced with falling sales and an intensifying price war for electric vehicles, Tesla has lost nearly 40% of its value in 2024.
Consensus Estimates
• This electric car maker is expected to post quarterly earnings of $0.44 per share in its upcoming report, which represents a year-over-year change of -39.48%.
• Revenues are ...
Consensus Estimates
• This electric car maker is expected to post quarterly earnings of $0.44 per share in its upcoming report, which represents a year-over-year change of -39.48%.
• Revenues are ...
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$Alphabet-A(GOOGL.US$, the parent company of Google, is scheduled to release its earnings for the first quarter of 2024 after the market closes on Thursday. As Alphabet's market value approached $2 trillion recently, bolstered by new announcements at its Cloud Next conference, analysts are keenly anticipating continued growth in the cloud segment and looking forward to any new developments regarding the company's artificial intelligence (AI...
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$ASML Holding(ASML.US$, the sole producer of equipment for manufacturing the most advanced chips, reported orders that were below analysts' expectations, as chipmakers in Taiwan and South Korea delayed purchases of the Dutch company's high-end machines.
The company's bookings dropped 61% to €3.6 billion in the first quarter, falling short of the anticipated €4.63 billion. This decline is attributed to major chipmakers li...
The company's bookings dropped 61% to €3.6 billion in the first quarter, falling short of the anticipated €4.63 billion. This decline is attributed to major chipmakers li...
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