Earnings

During Meta Platforms Inc.’s (NASDAQ:META) second-quarter earnings call, Mark Zuckerberg highlighted the substantial impact of AI investments on the $10 billion revenue surge, with Facebook and Instagram Reels playing a central role. What Happened...

Mark Zuckerberg has revealed the key factors behind the collaboration between Meta Platforms Inc. (NASDAQ:META) and Microsoft Corporation (NASDAQ:MSFT) to introduce Llama 2.  What Happened: During Meta’s second-quarter earnings call, Zuckerberg addressed Meta’s...

On Tuesday, major U.S. banks released their second-quarter financial results, surpassing both earnings and revenue estimates provided by the Street. This positive outcome has reinforced market confidence in the strength and stability of the banking system. Let’s delve into how each major U.S...

The second-quarter reporting season kickstarted last week with earnings reports from big banks and a few other blue-chip stocks. Muted Expectations. The blended earnings of S&P 500 companies are expected to drop 7.1% year-over-year in the second quarter, FactSet said in its weekly earnings...

American banks’ earnings season is nearly here, with some industry heavyweights set to announce their second-quarter results on Friday, July 14. JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Company (NYSE:WFC), BlackRock Inc. (NYSE:BLK), Citigroup (NYSE:C), and State Street Corp. (...

Prominent market commentator Jim Cramer has detailed his plan for the upcoming week and said it is an important one with crucial economic data releases and earnings reports of prominent names scheduled. "It's an important week, not to be minimized, as we make our way to July for an employment...

Shares of Nvidia Corp. (NASDAQ:NVDA) were pulling back in premarket trading Wednesday ahead of the company’s quarterly report due after the market closes. The stock fell 1.57% to $306.88, according to data from Benzinga Pro. The company is expected to report year-over-year earnings per share...

David Einhorn, founder and board chair of Greenlight Capital Re, Ltd (NASDAQ:GLRE) — and notorious critic of Tesla Inc (NASDAQ:TSLA) — released Greenlight’s holdings for the first quarter last week. Einhorn has been known in recent years for his near-perpetual short position in Tesla, which...

Volatility can be a trader's best friend and an investor's worst nightmare, especially during earnings season when stocks could move higher or lower by a significant amount in one day. Among the entire universe of companies worth at least $2 billion and more than 20,000 outstanding options, there...

The stock market faces a major headwind that could call into question the sustainability of the current bull run: 2018 earnings. Third-quarter earnings seasons is ramping up this week with many big banks on deck to report their results. Many analysts and investors aren't worried, Chad...

Shares of Lowe's Companies, Inc. (NYSE: LOW) lost more than 6 percent Wednesday morning after the company's earnings report fell short of expectations. Lowe's earned $1.57 per share in the second quarter on revenue of $19.5 billion, while Wall Street analysts were expecting the company...

Salesforce.com, inc. (NYSE: CRM) hit a new all-time high of $93.32 Tuesday just hours before its second-quarter earnings release. Momentum is certainly on the stock's side as it is up more than 35 percent since the start of 2017. Heading into the print, analysts at Credit Suisse commented that...

Earnings season is coming to an end with just a handful of notable companies yet to report, including Cisco Systems, Inc. (NASDAQ: CSCO). The company will report its fiscal fourth-quarter report after Wednesday's market close, and analysts at Cowen remain bullish heading into the print. Cowen's...

Retail stocks are getting the beats Thursday after three big-box retailers' second-quarter earnings. Despite exceeding Wall Street's estimates for EPS and revenue, Macy's Inc (NYSE: M) and Kohl's Corporation (NYSE: KSS) are down 5 and 9 percent respectively despite initially popping...

Earnings season can be brutal for stocks, especially for high-quality names that report a single bad quarter, Jim Cramer said during his daily "Mad Money" show Tuesday. 3M 3M Co (NYSE: MMM) lost about 5 percent Tuesday and settled below the $200 per share mark -- a notable decline for a...