ColumnsAmazon Earnings Preview: Online Sales Recovery and Strong Cloud Growth Poised to Boost Profits
E-commerce and cloud giant Amazon is scheduled to disclose its first-quarter financial results post-market on April 30. The spotlight is on the anticipated expansion of its advertising income and the performance of Amazon Web Services (AWS).
Consensus Estimates
• Analysts estimate Amazon to post revenue of USD142.56 billion for 2024Q1, up 11.94% YoY;
• EPS is estimated to be USD 0.83, up 168.19% YOY.
■ ...
Consensus Estimates
• Analysts estimate Amazon to post revenue of USD142.56 billion for 2024Q1, up 11.94% YoY;
• EPS is estimated to be USD 0.83, up 168.19% YOY.
■ ...
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$Apple(AAPL.US$ is expected to release its Q2 FY 2024 earnings report on Thursday, May 2, after the market closes. So far this year, the tech giant has faltered by almost 12%, significantly lagging behind the $S&P 500 Index(.SPX.US$ and its Mag 7 peers, except for $Tesla(TSLA.US$. As analysts express apprehension regarding the company's challenges in China, ambiguity surroundin...
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ColumnsSuper Micro Computer Shares Tumbled 30% from Peak: Will Earnings Results Shift Investor Sentiment?
Super Micro Computer, Inc. (SMCI) is gearing up to unveil its fiscal third-quarter results on April 30, riding the wave of its innovative offerings in AI, core computing, GPUs, storage, and 5G technology.
The company's robust AI-enhanced software pipeline is not just a testament to its technical prowess but also a key factor poised to cement its foothold in the explosive AI market. Moreover, the int...
The company's robust AI-enhanced software pipeline is not just a testament to its technical prowess but also a key factor poised to cement its foothold in the explosive AI market. Moreover, the int...
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Analysts Notebook
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AMD is set to report earnings for the first quarter of its 2024 fiscal year on Tuesday, Apr. 30, after the close of the market. The chipmaker is up about 3% year-to-date, underperforming its rival Nvidia's 77% and the Semiconductor Philadelphia Index's 13%.
Consensus Estimates
•Analysts project AMD's Q1 revenue at $5.45 billion, up slightly from year-ago period.
•Earnings per share (EPS) are expected to be $0.17, compared with $-0....
Consensus Estimates
•Analysts project AMD's Q1 revenue at $5.45 billion, up slightly from year-ago period.
•Earnings per share (EPS) are expected to be $0.17, compared with $-0....
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$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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