Published Thu, Oct 31 20242:26 PM EDTUpdated 2 Hours Ago Jeff Marks@jeffmarkscnbc Tanks of hydrogen stand near a hydrogen electrolysis plant. Bloomberg | Bloomberg | Getty Images Industrial gas supplier Linde reported a solid third quarter on Thursday, proving once again its ability to grow revenues and earnings in a sluggish macro and industrial environment. More…
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Dimas Ardian | Bloomberg | Getty Images Microsoft‘s better-than-expected earnings report wasn’t enough to prevent the stock’s steepest selloff in two years, as investors instead focused on the company’s forecast for the current period. Microsoft…
Published Thu, Oct 31 20241:28 PM EDTUpdated 39 Min Ago Zev Fima@zevfima Eaton Corporation signage at the NYSE Source: NYSE Electrical components and power systems company Eaton delivered mixed third-quarter results Thursday morning, and its stock paid the price. More In Analysis Jim Cramer identifies an interesting buy level for our worst performing Big Tech…
Published Thu, Oct 31 202410:54 AM EDT Kevin Stankiewicz@in/kevin-stankiewicz-b5593466@kevin_stank Peter Cade | Stone | Getty Images Shares of troubled Nextracker jumped Thursday, the morning after delivering strong quarterly results and increases to the solar company’s full-year profitability outlook and project backlog. More In Analysis We’re hiking our price target on an industrial whose earnings benefit…
Roblox gift cards are seen at a store in Krakow, Poland on July 5, 2023. Jakub Porzycki | Nurphoto | Getty Images Videogame platform Roblox raised its forecast for full-year 2024 bookings on Thursday, as it continues to benefit from robust spending within its virtual worlds, sending its shares up over 17%. Roblox’s free-to-play model…
Uber reported third-quarter results on Thursday that beat Wall Street’s expectations for revenue but missed on analysts’ projections for gross bookings. Shares of the company were down more than 5% pre-market on Thursday. Here’s how the company did: Earnings per share: $1.20. That may not compare to the 41 cents expected by LSEG. Revenue: $11.19…
Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin, Italy. Stefano Guidi | Getty Images News | Getty Images Auto giant Stellantis on Thursday reported a 27% decline in third-quarter net revenues, but said it was making headway in addressing operational…
AB InBev Budweiser and Bud Light brand beer cans at a store in the Queens borough of New York on Feb. 28, 2024. Bloomberg | Getty Images Anheuser-Busch InBev on Thursday reported third quarter profits, revenues and volumes all well behind forecasts, as the top brewer sold less beer in key markets like the United…
Customers shop at a Samsung mobile store inside a shopping mall in New Delhi. Reuters | Anindito Mukherjee Samsung Electronics on Thursday reported third-quarter sales and operating profit slightly above its own expectations, but its chip business posted a sharply lower profit from the previous quarter. The semiconductor unit reported third-quarter operating profit of 3.86…
At the Meta Connect developer conference, Mark Zuckerberg, head of the Facebook group Meta, shows the prototype of computer glasses that can display digital objects in transparent lenses. Andrej Sokolow | Picture Alliance | Getty Images Don’t let the after-hours stock action fool you, Meta Platforms delivered one heck of a strong third quarter and…
