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$Amazon (AMZN.US)$ reported better-than-expected third-quarter earnings after the market closed on Thursday.
Amazon's Q3 net sales rose 11% from a year earlier to $158.9 billion, surpassing the $157.29 billion estimate. For Q4, Amazon forecasts net sales between $181.5 billion and $188.5 billion, indicating a 7% to 11% growth. The midpoint of $185 billion slightly trails the $186.2 billion predicted by analysts.
Operatin...
Amazon's Q3 net sales rose 11% from a year earlier to $158.9 billion, surpassing the $157.29 billion estimate. For Q4, Amazon forecasts net sales between $181.5 billion and $188.5 billion, indicating a 7% to 11% growth. The midpoint of $185 billion slightly trails the $186.2 billion predicted by analysts.
Operatin...
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Apple's fiscal fourth-quarter earnings surpassed Wall Street's expectations in terms of revenue and earnings per share, although net income declined due to a one-time charge related to a tax ruling in Europe.
In the September quarter, Apple's revenue reached a record $94.9 billion, marking a 6% increase year over year. iPhone sales also set a September quarter record with revenues of $46.2 billion, up 6% from the previo...
In the September quarter, Apple's revenue reached a record $94.9 billion, marking a 6% increase year over year. iPhone sales also set a September quarter record with revenues of $46.2 billion, up 6% from the previo...
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$Super Micro Computer (SMCI.US)$ pole-vaulted over $Tesla (TSLA.US)$ to become the second most active stock option amid increasing demand for protective put options that could shield the holder from further downside potential.
SMCI shares gapped down 30% to the lowest level since January after the IT solutions provider that sells liquid-cooling solutions to $NVIDIA (NVDA.US)$ said its auditor, Ernst & Young, ...
SMCI shares gapped down 30% to the lowest level since January after the IT solutions provider that sells liquid-cooling solutions to $NVIDIA (NVDA.US)$ said its auditor, Ernst & Young, ...
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Earnings Preview
Wall Street is bracing for the most eventful week of news leading up to the election.
Next week, five of the Magnificent Seven companies will announce their earnings. Alphabet will share its results on Tuesday, while Microsoft and Meta Platforms will release theirs on Wednesday. Amazon and Apple are scheduled to report their earnings on Thursday.
Google's parent company, $Alphabet-A (GOOGL.US)$ , is schedul...
Wall Street is bracing for the most eventful week of news leading up to the election.
Next week, five of the Magnificent Seven companies will announce their earnings. Alphabet will share its results on Tuesday, while Microsoft and Meta Platforms will release theirs on Wednesday. Amazon and Apple are scheduled to report their earnings on Thursday.
Google's parent company, $Alphabet-A (GOOGL.US)$ , is schedul...
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“Markets can stay irrational longer than you can stay solvent”- John Maynard Keynes, economic theorist.
@Stock_Drift, a user on moomoo used this quote to describe 2024, a year where it is impossible to bet against the trends. Known away from the keyboard as Paul, Stock_Drift works for the municipality of Lansing, Michigan, and acts as a moomoo key opinion leader, posting news and advice to update community members across more than 2,8...
@Stock_Drift, a user on moomoo used this quote to describe 2024, a year where it is impossible to bet against the trends. Known away from the keyboard as Paul, Stock_Drift works for the municipality of Lansing, Michigan, and acts as a moomoo key opinion leader, posting news and advice to update community members across more than 2,8...
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$Tesla (TSLA.US)$'s shares soared 22% on Thursday, posting the largest single-day rally since May 2013 after the company reported unexpectedly strong earnings. The surge added billions to CEO Elon Musk’s net worth and propelled Tesla’s stock back into the top ten of U.S. equities, reversing recent declines after the launch of its autonomous taxi service. Notably, the Cybertruck achieved profitability for the first time, material ...
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