FedEx (FDX) reported fiscal 4th quarter earnings on Tuesday, and while there were some positive highlights, much of the report was negative. As a result, shares fell more than 5% in extended trading. This was the company’s third consecutive quarter in a row of declining revenue, as sales fell more than 10% to just [...]
After the bell sounded yesterday and Monday’s trading session concluded, Oracle (ORCL) released 4th quarter earnings that delighted investors and analysts alike. This led to a 5% climb in after-hours trading. And in Tuesday’s session, the stock opened 6% higher before falling back down and settling around a 2% gain - so far, at [...]
After the bell sounded yesterday and Monday’s trading session concluded, Oracle (ORCL) released 4th quarter earnings that delighted investors and analysts alike. This led to a 5% climb in after-hours trading. And in Tuesday’s session, the stock opened 6% higher before falling back down and settling around a 2% gain - so far, at [...]
After the bell sounded yesterday and Monday’s trading session concluded, Oracle (ORCL) released 4th quarter earnings that delighted investors and analysts alike. This led to a 5% climb in after-hours trading. And in Tuesday’s session, the stock opened 6% higher before falling back down and settling around a 2% gain - so far, at [...]
After the bell sounded yesterday and Monday’s trading session concluded, Oracle (ORCL) released 4th quarter earnings that delighted investors and analysts alike. This led to a 5% climb in after-hours trading. And in Tuesday’s session, the stock opened 6% higher before falling back down and settling around a 2% gain - so far, at [...]
Salesforce (CRM) delivered its 4th quarter earnings yesterday after trading hours, and the stock is up 12% so far in Thursday’s session. The company’s cost-cutting efforts are starting to pay off in a major way. Revenue itself soared 14% up to $8.38 billion, but what really has investors and analysts excited is profitability. The [...]
Early Wednesday, Lowes (LOW) reported its fiscal fourth-quarter earnings - which left much to be desired. The company missed revenue estimates and took a step back in profit. And to make matters worse, the company expects 2023 to be a step backward. While Wall Street was expecting revenue of $22.69 billion, Lowes came up [...]
Carvana (CVNA) reported fourth-quarter and full-year 2022 results on Friday. Shares fell more than 21% after the announcement. In its annual report, the company registered a more profound deficit for 2022 and an overall decrease of 3% in vehicles sold to customers compared to 2021. Furthermore, the integration of Adesa's car auction business adversely [...]
Block (SQ), previously known as Square, delivered their fiscal 4th quarter earnings yesterday after the market closed. The report was mixed, with EPS coming in below expectations despite revenue & profit outperforming expectations. Revenue came in at $4.65 billion, narrowly beating Wall Street’s estimate of $4.61 billion. The company reported a solid gross profit [...]
Nvidia (NVDA) is expected to report its fiscal fourth-quarter earnings on Wednesday, February 22nd (tomorrow) - and the consensus is that the company is going to disappoint once again. However, there is one thing that has experts and investors alike excited when it comes to Nvidia - AI. Over the last year or so, [...]
