Andy Jassy Thinks AI Can Save Amazon’s Troubled Cloud Business
Amazon, Inc. (NASDAQ:AMZN) stock continues to bounce around the bottom and the first-quarter earnings did little to lift…
Amazon CFO Brian Olsavsky Says Road To Pre-COVID Margin Levels Longer ‘Than Bouncing Back In 1 Or 2 Quarters’
Amazon.com, Inc. (NASDAQ:AMZN) CFO Brian Olsavsky said during the first-quarter earnings conference call the company is working hard…
Cathie Wood Makes Massive $12M Purchase In This Streaming Company Post Earnings
Cathie Wood-led ARK Investment Management bought a massive stake in digital media player-maker Roku Inc (NASDAQ:ROKU) on Thursday…
Tesla, Amazon, Snap, Intel, Cloudfare: Why These Five Stocks Are Drawing Investors’ Attention Today
U.S. markets soared on Thursday with all major indices gaining over 1.5% as strong tech earnings overshadowed investor…
Merit Medical To See Sustained Revenue Growth Despite Macro Headwinds, Bullish Analyst Says
Needham analyst Mike Matson reiterated a Buy rating on the shares of Merit Medical Systems Inc (NASDAQ:MMSI), raising the price target to…
Peabody Q1 Earnings Beat Expectations
Peabody Energy (NYSE:BTU) reported first-quarter FY23 sales growth of 97.2% year-on-year to $1.36 billion, beating the consensus of $1.23 billion. Adjusted…
Medical Properties Trust Shares Gain Post Q1 Results; Says Recent Transactions Validate Underwritten Values
Medical Properties Trust Inc (NYSE:MPW) reported Q1 2023 revenues of $350.2 million, missing the consensus of $354.6 million. Net income…
Newmont Q1 Earnings Miss On Production Decline, Says On Track To Achieve 2023 Guidance
Newmont Corp (NYSE:NEM) reported Q1 2023 revenues of $2.68 billion, down 11% Y/Y, missing the consensus of $3.60 billion. Gold…
International Paper Tops Estimates In Q1, Plans To Drive Out High Marginal Costs Ahead
International Paper Co (NYSE:IP) first-quarter FY23 sales decreased 4.1% year-on-year to $5.02 billion, beating the consensus of $4.99 billion. Adjusted EPS…
Baking Soda Maker Church & Dwight Beats On Q1 Aided By Strong Consumer Demand, Improved Case Fill
Church & Dwight Co Inc (CHD) reported first-quarter FY23 sales growth of 10.2% year-on-year to $1.43 billion, beating the consensus of…