PayPal Beats on Revenue and Profit, but Shows Waning Growth Momentum
PayPal reported Q1 revenue of $7.04 billion, up 9% YoY.
May 10, 2023
1304
Stocks
Home Depot (HD) Fell 0.66 Percent on Tuesday Premarket after Presenting Very Soft Q1 Earnings Report
StocksMost importantly, comparable sales fell 4.6% for the quarter, undershooting consensus estimates for a 2.1% drop.
May 16, 2023
1289
1304
CVS Health Reported Another Stellar Quarter Despite Busy Acquisitions, but Disappointed by Guidance
CVS Health (CVS) stock is retreating more than 1.5% in premarket trading, being mostly affected by uncertainties over Fed’s rate decision tonight, rather than its freshly published quarterly results showing total revenues of $85.28 billion posted an 11% annual increase over the $76.83 billion.
May 3, 2023
1378
Pfizer's Q1 2023 Revenue Falls 29 Percent to $18.2 Billion
Pfizer shares are adding 0.79% on premarket after having reported Q1 results earlier today on May 2nd, saying revenue fell 29% YoY from Covid-era ATH to $18.2 billion, however, still beating consensus forecast.
May 2, 2023
1307
GM Reported Q1 2023 Revenue Jump 11 Percent to $40 Billion
General Motors (GM) announced earlier today that its Q1 FY 2023 sales hit $39.9 Billion, up 11% YoY.
April 25, 2023
1316
Goldman Sachs (GS) Just Reported Lukewarm Quarterly Results
The company's recent sales efforts included increase of loan portfolio that sold its Marcus consumer banking business and transferred the remaining products for sale, which resulted in an undisclosed loss of about $470 million.
April 18, 2023
1398
Tencent Music Entertainment Reemerged as Subpar Growth Company post-Covid
Tencent Music Entertainment (TME) reported its Q4 revenue that was mostly inline with expectations, but TME shares fell 9.2% earlier today as its revenue still was seen on a softer side.
March 22, 2023
1412
With Technical Rebound Today, Most Major Indices Still Look Bearish
A selloff in the last hour of trading sent U.S. equities into the red, closing out a month that was also in negative territory.
March 1, 2023
1192
Fed Officials Voice Concerns over Sticky Inflation Suggesting Higher Rate Increases for Longer
Fed officials have stressed the need for further rate hikes to curb inflation, but expressed mixed views on how close they are to a halt after new data showed signs of persistent price pressures.
February 15, 2023
1238
U.S. Inflation Down to 6.4 Percent in January vs. 6.2 Percent Forecast
U.S. equities started the week off with solid gains on optimism tomorrow’s Consumer Price Index (CPI) will show headline inflation continued to retreat last month.
February 14, 2023
1414
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