Affirm’s Latest Financial Results Show Impressive Gains, Exceed Market Predictions
Affirm Holdings Inc (NASDAQ: AFRM) reported Q3 results, beating revenue & EPS estimates. Outlook for Q4 is also higher than expectations. Stock price up 2.58%
Fox Beats Revenue Estimates, Plans New Streaming Venture With Warner Bros. And Disney
Fox Corp (FOXA) reported Q3 2024 revenues of $3.45B, beating analyst estimates of $3.44B. Adjusted net income was $520M, up from $494M a year ago.
Shopify Stock Plunges After Q1 Print As Sale Of Logistics Business Weigh
Shopify stock plunges after Q1 results beat estimates but show slower growth due to sale of logistics business and uncertain economic climate.
Uber’s Bottomline Takes A Hit Despite Revenue Uptick, Stock Tanks
Uber (NYSE: UBER) reported Q1 2024 revenue of $10.10 billion, missing estimates. EPS of $(0.32) also missed. Mobility revenue grew 30%, but stock price dropped.
Apple’s Strategic Moves Impresses Analyst as Buffett Adjusts Stake
BofA Securities reiterated Buy rating on Apple (AAPL) with target price $230. Apple announced record buyback of $110B, raised dividend & reduced stake by Buffett. Revenue & EPS projections for Q3.
Robinhood’s SEC Challenges Likely Overblown, Shares Up as Market Shrugs Off Crypto Concerns: Analyst
Mizuho analyst reiterates Buy rating on Robinhood (HOOD) with $21 price target despite SEC notice. Valued at 6x fiscal 2025 revenue. ARK ETFs offer exposure.
Laboratory Instruments Company Waters Corp Projects Steady Growth Amid Global Sales Fluctuations: Details
Waters Corp (NYSE: WAT) reported Q1 2024 sales of $636.8 million, beating analyst consensus. Quarterly rev declined 7%. Adjusted EPS was $2.21, beating Wall Street estimate. Outlook: full-year org constant currency sales growth -0.5% to +1.5%, and Q2 org constant currency sales decline (6)% - (4)%. Stock gained 9% in last 12 months. WAT shares trading higher at $322.12.
Intel’s New Venture in Japan: Pioneering Automation in Chip Manufacturing by 2028
Intel partners with 14 Japanese companies to develop automation tech for semiconductor processes. Microsoft plans $2.9B investment in Japanese data centers, TSMC to source materials locally, Amazon to invest $15.5B in data centers and business operations.
US Chips Act Beneficiary GlobalFoundries Stock Soars On Q1 Earnings – What’s Going On?
GlobalFoundries Inc (NASDAQ: GFS) reported Q1 earnings with revenue of $1.55B, beating estimates. It received a $1.5B grant to expand production.
Why Datadog Stock Tanked After Q1 Earnings?
Datadog's stock price dropped after reporting Q1 results. Revenue grew 27%, EPS beat estimates, and outlook is positive. Stock gained 46% in last year.