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HomeBusiness

Business

Marsh & McLennan (MMC) Beats Q1 Earnings and Revenue Forecasts

Marsh & McLennan Companies, Inc. (NYSE:MMC) Surpasses Q1 Earnings Expectations On Thursday, April 18, 2024, before the market opened, Marsh & McLennan Companies, Inc. (NYSE:MMC) reported its first-quarter earnings, showcasing a strong financial performance that exceeded analysts' expectations. The company...

Instacart Started With a Buy Rating at Loop Capital

Loop Capital analysts started covering Instacart (NASDAQ:CART) with a Buy rating and a $46 price target on the stock. The analysts noted that Instacart leads the U.S. grocery delivery market significantly and is increasing its market share. The company...

Netflix Reports Q1 Beat, But Shares Drop

Netflix (NASDAQ:NFLX) announced better-than-expected results for the first quarter, with significant subscriber growth driving its success. The company's shares, however, fell 8% intra-day today following the announcement. The streaming giant reported earnings of $5.28 per share on $9.37 billion in...

Procter & Gamble Reports Q3 EPS, But Revenue Misses

Procter & Gamble (NYSE:PG) exceeded third-quarter earnings expectations with an adjusted EPS of $1.52, surpassing the consensus by $0.11. Despite this achievement, the company's revenue of $20.2 billion did not meet the expected $20.44 billion. The company reported a 1%...

American Express Gains 4 percent Following Q1 Beat

American Express (NYSE:AXP) shares gained more than 4% intra-day today following the release of the company's fiscal Q1/24 earnings report. The financial services corporation reported Q1 earnings per share (EPS) of $3.33, surpassing the consensus estimate of $2.95. Revenue...

Uber’s Price Target Raised at Tigress Financial

Tigress Financial Partners analysts increased their price target on Uber (NYSE:UBER) to $96, maintaining their Buy rating. They highlighted Uber's strong position in both ride-sharing and delivery sectors, which they believe will continue to fuel user growth and booking...

Shopify’s Rating Boosted to Overweight at Morgan Stanley

Morgan Stanley upgraded Shopify (NYSE:SHOP) to Overweight from Equal-Weight and raised their price target to $85 from $74, reflecting increased confidence in Shopify’s potential for sustained growth, driven by its successful penetration into larger market segments and effective headcount...

Super Micro Computer’s Strategic Focus Amid Market Volatility

Super Micro Computer's Strategic Focus Amid Market Volatility Super Micro Computer (SMCI) recently made headlines with its decision not to preannounce its financial results for the March quarter, a move that diverged from its usual practice and led to a...

Tesla’s Strategic Adjustments and Market Impact Analysis

Tesla's Strategic Adjustments and Market Impact Tesla's recent decision to lay off some of its recruiters has caught the attention of both the workforce and investors alike. The layoffs, as reported by Business Insider, were part of a broader initiative...

CPKC Sets First-Quarter 2024 Earnings Results Date – April 24, 2024

Canadian Pacific Kansas City (CPKC) Announces First-Quarter 2024 Earnings Results Date Canadian Pacific Kansas City (CPKC), known by its trading symbols TSX: CP and NYSE: CP, has made headlines with its announcement regarding the first-quarter 2024 earnings results. Scheduled for...