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Shares and Indices
Salesforce tops Q3 estimates, Co-CEO steps down
The world’s leading customer relationship management company Salesforce Inc. (NYSE: CRM) announced its latest financial results after the market close in the US on Wednesday. The company beat both revenue and earnings per share (EPS) estimates. Revenue reported at $7.84 billion (up by 14% year-over-year) vs. $7.827 billion expected. EPS ...
December 2, 2022Read More >Intuit results exceed expectations
Intuit Inc. (NASDAQ: INTU) reported its latest financial results for the first quarter of fiscal 2023, which ended October 31, after the market close in the US on Tuesday. The US software company beat both revenue and earnings per share (EPS) estimates for the quarter. Intuit reported revenue of $2.597 billion (up by 29% year-over-year) vs. $...
November 30, 2022Read More >Pinduoduo tops revenue estimates for Q3 – the stock is rising
The Chinese e-commerce platform Pinduoduo Inc. (NASDAQ: PDD) announced its unaudited Q3 financial results on Monday. The company beat revenue estimates for the quarter, but fell short of earnings per share (EPS) estimates. Revenue reported at $4.991 billion (an increase of 65% year-over-year) vs. $4.315 billion estimate. EPS at $0.302 per ...
November 29, 2022Read More >Shares of Deere rise as financial results exceed expectations
Shares of Deere rise as financial results exceed expectations Deere & Company (NYSE: DE) announced financial results on Wednesday for the fourth quarter that ended on October 30, 2022. The US manufacturer of farm machinery and industrial equipment reported revenue of $15.536 billion for the quarter, which was above analyst forecast of $13...
November 24, 2022Read More >Medtronic posts mixed results
Medtronic posts mixed results Medtronic Plc (NYSE: MDT) reported latest financial results for its second quarter of fiscal year 2023, which ended October 28, 2022 on Tuesday. The medical technology company posted mixed results for the quarter. Revenue reported at $7.585 billion (down 3% year-over-year) vs. $7.698 billion expected. Earni...
November 23, 2022Read More >Zoom tops Q3 estimates
Zoom Video Communications Inc. (NASDAQ: ZM) reported third quarter financial results after the market close in the US on Monday. The US communications technology company posted better-than-expected results for the quarter, topping both revenue and earnings per share (EPS) estimates. Zoom reported revenue of $1.102 billion (an increase of 5% y...
November 22, 2022Read More >JD.com beats expectations
JD.com Inc. (NASDAQ: JD, HKEX: 9618) reported its latest earnings results for the three months that ended September 30, 2022, on Friday. The Chinese e-commerce company had a solid quarter – beating revenue and earnings per share (EPS) forecasts. JD reported revenue of $34.373 billion (up by 11.4% from the previous quarter) vs. $34.145 billi...
November 19, 2022Read More >The latest Alibaba results are here – the stock is rising
Alibaba Group Holding Limited (NYSE: BABA, HKEX: 9988) announced the latest financial results on Thursday. The Chinese e-commerce giant reported revenue of $29.124 billion (up by 3% year-over-year), falling slightly short of $29.288 billion expected. Earnings per share topped analyst estimates for the quarter at $1.816 per share (an increase ...
November 18, 2022Read More >NVIDIA results announced
NVIDIA Corporation (NASDAQ: NVDA) reported its latest financial results after the market close in the US on Wednesday. The US technology giant beat revenue estimates but fell short of earnings per share (EPS) expectations for the quarter. The company reported revenue of $5.931 billion (down by 17% year-over-year) vs. $5.781 billion estimate. ...
November 17, 2022Read More >Walmart posts better-than-expected Q3 results – shares move higher
Walmart Inc. (NYSE: WMT) announced its latest financial results before the market open in the US on Tuesday. World’s largest supermarket chain reported total revenue of $152.8 billion for the quarter (up by 8.7% year-over-year) vs. $147.668 billion expected. Earnings per share reported at $1.50 per share (up by 3.4% year-over-year) vs. $1.3...
November 16, 2022Read More >NIO falls short of expectations for Q3 – but the demand is growing
NIO Inc. (NYSE: NIO) announced Q3 financial results before the market open in the US on Thursday. The Chinese automaker fell short of analyst estimates for the quarter. The company reported revenue of $1.827 billion (up by 26.3% from the same period last year) vs. $1.836 billion estimate. Loss per share reported at -$0.297 per share vs. analy...
November 11, 2022Read More >Disney falls short of expectations – the stock tumbles in the after-hours
The Walt Disney Company (NYSE: DIS) reported the latest financial results for the fourth quarter and fiscal year ended October 1, 2022, after the closing bell in the US on Tuesday. The biggest entertainment company in the world missed both revenue and earnings per share estimates (EPS) for the quarter. The company reported revenue of $20.15 b...
November 9, 2022Read More >BioNTech tops Q3 expectations – the stock is up
BioNTech SE (NASDAQ:BNTX) reported its third quarter financial results on Monday. The German pharmaceutical company beat both revenue and earnings per share (EPS) estimates for the quarter, sending the stock price higher. The company reported revenue of $3.392 billion vs. $2.024 billion expected. EPS reported at $6.841 per share vs. $3.352...
November 8, 2022Read More >Airbnb sets a new quarterly record – disappoints on guidance
Airbnb Inc. (NAS:ABNB) reported its latest financial results after the closing bell in the US on Tuesday. World’s second largest online travel company beat both revenue and earnings per share (EPS) estimates for the quarter. Revenue reported at $2.884 billion (up by 29% year-over-year) vs. $2.852 billion expected. EPS at $1.79 per share ...
November 3, 2022Read More >ASX200 breaks out on the back of softer RBA softer interest rate hike
The ASX200 has seen some positive price action in recent weeks as the Australian equities market has benefited from relatively weaker inflation then much of the rest of the world. With the Reserve Bank of Australia, (RBA) only increasing interest rates by 25 bps at each of its last two meeting, the country’s central bank has seemingly chosen that...
November 2, 2022Read More >
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