The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters SoftBank Group posted a surprise quarterly loss Wednesday as investments under its Vision Funds fell into red. The Japanese company’s revenue also missed analysts’ estimates. Here are Softbank’s results compared with LSEG SmartEstimate, which is…
Super Micro Computer CEO Charles Liang at the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Super Micro Computer gave optimistic commentary for its fiscal 2026 and delayed annual report that overshadowed its slashed fiscal 2025 revenue guidance in Tuesday’s preliminary second-quarter results. CEO Charles Liang said…
Lori Moffett | Bloomberg | Getty Images Shares of Fidelity National Information Services plunged the most since 2023 on Tuesday after the company reported quarterly earnings that fell short of Wall Street estimates and issued a disappointing forecast. The stock dropped 12% as of afternoon trading, heading for its biggest drop since March 2023. Here’s…
Dupont corporate headquarters in Wilmington, Delaware. Getty Images DuPont shares jumped Tuesday on better-than-expected earnings and revenue — boosted, in part, by the company’s exposure to the fast-growing artificial intelligence semiconductor market. The stock has tested our patience, but quarters like this demonstrate why we have stayed invested through the doldrums. Source: www.cnbc.com
An employee works at Shopify’s headquarters in Ottawa, Ontario in Canada. Chris Wattie | Reuters Shopify on Tuesday reported better-than-expected sales for the fourth quarter but missed on earnings. Shares fell more than 2% in morning trading. Here’s how the company did: Earnings: 39 cents per share vs. 43 cents per share expected by LSEG…
The BP logo is displayed outside a petrol station near Warminster in Wiltshire, England, on Aug. 15, 2022. Matt Cardy | Getty Images News | Getty Images British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to “fundamentally” reset the embattled energy company’s strategy. The energy firm posted underlying replacement…
Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Drew Angerer | Getty Images Affirm shares jumped 22% on Friday after the buy now, pay later company topped Wall Street’s fiscal…
Sopa Images | Lightrocket | Getty Images Pinterest shares surged 19% after the company beat Wall Street’s fourth-quarter sales estimates and showed robust user growth from a year ago. The image-sharing company reported revenues of $1.15 billion, ahead of a $1.14 billion estimate from analysts surveyed by LSEG. The figure represented 18% year-over-year growth. Along…
Affirm shares jumped more than 15% in extended trading on Thursday after the provider of buy now, pay later loans reported better-than-expected fiscal second-quarter results. Here’s how the company did, compared to analysts’ consensus estimates from LSEG: Earnings per share: 23 cents vs. an expected loss of 15 cents Revenue: $866 million vs. $807 million expected Affirm…
Amazon logo on a brick building exterior, San Francisco, California, August 20, 2024. Smith Collection | Gado | Archive Photos | Getty Images Amazon shares fell roughly 4% on Thursday evening despite the e-commerce and cloud giant reporting a stronger-than-expected fourth quarter after the closing bell. The market participants during extended trading took issue with a…
