Latest in Quarterly Revenue
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NetEase's Profit Falls on Weaker Gaming Revenue
The Chinese videogame giant’s profit tumbled for a second straight quarter and revenue missed market expectations as the main business delivered a soft performance.Business - The Wall Street Journal - November 14 -
Archer Daniels Midland Profit Plunges, Revenue Falls
Archer Daniels Midland said profit plunged in the third quarter, shortly after saying it would restate its 2023 filing with the Securities Exchange Commission, along with the first and second ...Business - The Wall Street Journal - 5 days ago -
Kuaishou Posts Profit, Revenue Growth, Meeting Estimates
The Chinese short-video app operator reported in-line results on advertising strength, even as it continued to face challenges in its e-commerce business.Business - The Wall Street Journal - 4 days ago -
Nvidia nearly doubles revenue on strong AI demand
Nvidia reported earnings after the bell. Here are the results.Business - CNBC - 3 days ago -
Snowflake rockets 32%, its best day ever, after earnings beat
Snowflake reported better-than-expected results on the top and bottom lines.Business - CNBC - 2 days ago -
BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit
British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.Business - CNBC - October 29 -
Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it
Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying offTech - ABC News - October 30 -
Trump’s ‘DJT’ reports narrowing quarterly loss on Election Day. Stock jumps after hours following regular-session slump.
Investors in the parent of Trump’s Truth Social appeared to suddenly turn pessimistic toward the former president’s odds of winning at the polls as Election Day progressed.Business - MarketWatch - November 6 -
Novo Nordisk shares jump 8% after Wegovy sales beat expectations
Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance.Business - CNBC - November 6 -
Trump Media gains post-election, even as Truth Social parent reports $19 million quarterly loss
The parent company of Donald Trump’s social networking site Truth Social lost $19.2 million in the last quarter, according to an earnings report released on the same day he won back the presidencyTech - ABC News - November 6 -
Nissan shares plunge over 10% after downbeat quarterly results, production-cut plans
The automaker posted disappointing second-quarter results and announced reductions in production and staff.Business - CNBC - November 8 -
23andMe’s stock falls after company says there’s substantial doubt it can stay in business
Shares of 23andMe fell 4% Tuesday after the DNA-testing company reported its latest quarterly loss and included “going concern” language in its financial statements, shedding gains made late Monday ...Business - MarketWatch - November 12 -
Wall Street analysts tout our 2 cybersecurity stocks ahead of quarterly earnings
Evercore ISI and Truist lifted Palo Alto Network's price target. Morgan Stanley forecasted more upside for CrowdStrike.Business - CNBC - 4 days ago -
Musk’s X to undershoot revenue goals from political advertising
Social media platform has raised a fraction of $100mn target and mainly from Trump and RepublicansWorld - Financial Times - October 26 -
How This Lender Helped a Founder-Led Company Grow Revenue by 10X
Dwight Funding provided crucial debt financing to Dagne Dover in times of crisis.Business - Inc. - October 28 -
McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.Business - CNBC - October 29 -
McDonald’s CEO apologizes for E. coli outbreak, as fast-food giant’s earnings beat estimates
McDonald’s is encouraged by signs of progress in the third quarter.Business - MarketWatch - October 29 -
JetBlue’s stock tumbles as downbeat revenue outlook raises risk of more losses
JetBlue’s stock sinks after Q3 results beat expectations but the Q4 revenue outlook disappointed.Business - MarketWatch - October 29 -
Alphabet shares rise on earnings beats boosted by cloud revenue
Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.Business - CNBC - October 30 -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - October 30 -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - October 30 -
Meta Earnings Show Revenue Increase, Even as Spending Spree Continues
The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.Business - The New York Times - October 31