Chip sales fall
Intel reported first-quarter 2021 earnings and revenue above analysts' estimates, but its second-quarter profit forecast and falling data centre chip sales disappointed investors.
Intel (INTC) shares fell 2.6 per...
Lockheed Martin earnings
Net income at US military-industrial group Lockheed Martin (NYSE:LMT) Corp. rose 6 percent to $1.8 billion, or $6.56 per share, compared with $1.7 billion, or $6.08 per share, in the same period last year.
Lockheed Martin's...
BlackRock's net profit
BlackRock Inc., the world's largest investment firm by assets under management, increased its net income by 49% in the first quarter of 2021, thanks to a rebound in global markets as the...
BAC's first-quarter profit
Net income of Bank of America Corp (NYSE:BAC). one of the largest U.S. banks, doubled to $8.1 billion, or 86 cents per share, in the first quarter of 2021, up from $4 billion, or 40 cents...
Best month
Uber shares surged after reporting record performance in March and confirming earnings forecast for 2021. Demand for Uber taxis has rebounded on the back of mass vaccinations and the lifting of quarantine restrictions in the US, with Uber...
Alkami Technology goes public
Alkami Technology will IPO on the NYSE on April 14 under the ticker ALKT. Founded in 2009, the company provides more than 150 financial institutions and banks with a complete digital banking solution, ready to facilitat...
Annual revenue
Revenue at Chinese technology giant Huawei Technologies Co. increased 3.8 percent to a record 891.4 billion yuan ($136.1 billion) in 2020, the company said in a statement. At the same time, the growth rate was one of the slowest in th...
Adobe report and forecasts
Indications and contraindications for taking Adobe Systems has reported accelerating earnings and revenue growth, beating market analysts' expectations and raising its earnings and revenue forecast for the full financial y...
Tencent Holdings quarterly profit
Chinese internet giant Tencent Holdings Ltd.'s fourth-quarter net profit rose 2.7 times to a record 59.302 billion yuan ($9.09 billion), up from 21.582 billion yuan in the same period in 2019.
The figure was booste...
Pinterest's long-term growth
Pinterest shares are increasingly the choice of investment firms and hedge funds that believe in better monetisation and more advertising products on the platform. That's what Pinterest is doing for its long-term growth....
Company revenue growth
Cybersecurity firm CrowdStrike has reported a better end to the financial year 2021 and a better outlook for the next quarter and year than market analysts had expected.
Shares in CrowdStrike Holdings (CRWD), which ...
Oracle's report and forecasts
Oracle shares fell on Wednesday after the close of trading as the company gave a fourth-quarter outlook below analysts' expectations. However, Oracle's revenue and profit growth accelerated in the third quarter and the ...
Xpeng earnings and losses
Xpeng reported better-than-expected quarterly earnings, but losses exceeded analysts' estimates. Xpeng is building a third plant in China and is preparing to launch a new electric sedan with autonomous driving by the end of...
Target Corp. revenue
Target Corp (NYSE:TGT). which owns the second-largest discount shop chain in the United States, posted net income of 1.38 billion dollars, or 2.73 dollars per share, for its fiscal 4th quarter ended January 30, up from 834 milli...
Report from Zoom
Zoom reported record growth in quarterly revenues and profits, exceeding Wall Street estimates. Zoom's projections for the first quarter and full fiscal year 2022 are also above expectations.
Shares in Zoom Video Communications (ZM...
Salesforce shares and forecasts
Salesforce shares fell despite a good quarterly report as Wall Street expected higher profits in the new year with the Slack acquisition.
Salesforce (CRM) shares, up 29.2% over the past 12 months, fell 3.9% on Thursd...
Deer's quarterly profit
U.S. Deere Co (NYSE:DE)., the world's largest manufacturer of farm equipment, posted a 2.4-fold increase in net income in the first quarter of its fiscal year ended Jan. 31 to $1.22 billion, or $3.87 per share, up from $517 m...
Profit of Japan's SoftBank Group
Japan's SoftBank Group Corp. posted net income of 1.17 trillion yen (about $11 billion) in the third fiscal quarter, thanks to investments in Vision Funds, The Wall Street Journal reported.
The company had investmen...
Company's revenue growth
Pinterest ended the holiday fourth quarter with revenue growth of 76% as the COVID-19 pandemic boosted demand for digital advertising and Pinterest's advertising products were improved. The company is forecasting 70% revenue...
The company's profit declined in Q4
France's largest bank by assets, BNP Paribas (PA:BNPP) SA, saw its net profit fall 14% to 1.59bn euros in Q4 2020 from 1.85bn euros in the same period last year.
Analysts polled by FactSet had on average estimate...
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