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...
AT&T (NYSE:T) reported its first-quarter earnings that exceeded analyst expectations, despite a slight shortfall in revenue.
In fiscal Q1/24, AT&T recorded an earnings per share (EPS) of $0.55, surpassing the analyst consensus of $0.53. The company's revenue for the quarter...
Visa (NYSE:V) announced its fiscal Q2/24 earnings and revenue that exceeded analysts' expectations. Visa reported earnings per share (EPS) of $2.51, surpassing the estimate of $2.44, and revenue of $8.78 billion, which also exceeded the forecast of $8.62 billion.
During...
Mizuho analysts boosted their rating on Airbnb (NASDAQ:ABNB) to Buy from Neutral and increased their price target to $200 from $150.
The analysts highlighted three key factors behind the upgrade: the anticipated introduction of sponsored listings, which they expect...
Shares of Texas Instruments (NASDAQ:TXN) jumped more than 6% intra-day today following the semiconductor company's announcement of fiscal Q1/24 results that surpassed expectations. Texas Instruments disclosed earnings per share (EPS) of $1.20, exceeding the consensus forecasts of $1.07. Additionally,...
Google's parent company, Alphabet (GOOGL), is increasing its investments in artificial intelligence and cloud computing in Europe. On Tuesday, it announced it would open its fourth data center in The Netherlands and invest $640 million. CWEB analysts say that...
Walmart-backed (WMT) fintech One has introduced buy-now-pay-later (BNPL) loans for several oversized items at many Walmart stores nationwide. Walmart has a majority stake in the startup, and the fintech is now competing with Walmart’s exclusive service provider, Affirm, for...