STMicroelectronics (NYSE:STM) lowered its fiscal 2024 sales forecast following a drop in first-quarter revenue and net profit, yet its shares saw a more than 2% increase in premarket trading on Thursday.
The company reported earnings per share (EPS) of $0.54...
Ford Motor (NYSE:F) shares climbed over 3% pre-market today following the announcement of fiscal Q1/24 earnings that surpassed expectations, although revenue slightly missed projections.
The automaker reported first-quarter earnings per share (EPS) of $0.49, topping analysts' estimates of $0.42. However,...
ServiceNow (NYSE:NOW) announced first-quarter earnings with a significant increase in adjusted earnings per share (EPS) to $3.41, up from $2.37 a year earlier, beating the consensus of $3.16. Revenue also outpaced expectations, amounting to $2.60 billion compared to an...
IBM (NYSE:IBM) outperformed earnings forecasts for the first quarter of 2024 but fell short on revenue, and concurrently, announced its acquisition of HashiCorp (NASDAQ:HCP) for $6.4 billion. The news led to a more than 8% drop in IBM’s stock...
Monster Beverage (NASDAQ:MNST) shares fell more than 2% pre-market today after JPMorgan analysts downgraded the company to Neutral from Overweight, lowering the price target from $66 to $59. The downgrade comes just before Monster Beverage's first-quarter 2024 earnings report...
Meta Platforms (NASDAQ:META) shares dropped more than 13% in pre-market today following the company's announcement of weaker revenue guidance for the upcoming quarter and plans to significantly increase annual spending to leverage the artificial intelligence trend. The company set...
Following the earnings report's release, Alphabet's stock market value climbed by almost $300 billion, reaching over $2 trillion. This was due to the company's nearly 16% after-hours share jump.
CEO Sundar Pichai praised Google's artificial intelligence (AI) offerings as a...
Comcast (CMCSA) posted its quarterly report on Thursday. The entertainment and media giant beat analysts' expectations, reporting higher earnings and revenue. The stock rose briefly but fell by more than 6 percent mid-morning. Comcast lost more than expected broadband...
Thermo Fisher Scientific (NYSE:TMO) announced its first-quarter earnings and revenue that topped Wall Street forecasts. The company reported an adjusted earnings per share (EPS) of $5.11, which exceeded analyst expectations of $4.71. Its quarterly revenue also surpassed expectations, amounting...
Humana (NYSE:HUM) saw its shares drop by around 5% intra-day today despite the announcement of its fiscal Q1/24 results, which surpassed analyst expectations in both earnings and revenue. The company reported an earnings per share (EPS) of $7.23 for...