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Microsoft dips on weak guidance after beating on earnings
Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.Business - CNBC - October 30 -
Dodge maker Stellantis posts 27% drop in revenues, flags progress in slashing U.S. inventories
Auto giant Stellantis on Thursday reported a 27% decline in third-quarter revenues, but said it was making headway in addressing operational issues like U.S. inventories.Business - CNBC - October 31 -
Exxon Mobil’s profit beat offsets revenue shortfall in first quarter after Pioneer Natural deal
Exxon Mobil Corp.’s third-quarter earnings on Friday showed a profit beat that offset a revenue miss, while the company boosted its quarterly dividend by 4%.Business - MarketWatch - 6 days ago -
Here’s How Microsoft Will Generate Revenue From Your Company’s Old Windows 10 Computers
Microsoft’s Windows 11 operating system has been out since 2021, but many users are resisting upgrading from Windows 10. Microsoft will charge for security updates to push them to switch.Business - Inc. - 3 days ago -
Burger King parent Restaurant Brands falls short of third-quarter expectations
Net sales climbed 24.7%, largely thanks to the company's acquisitions of its largest U.S. Burger King franchisee and its Popeyes business in China.Business - CNBC - 2 days ago -
Six Flags’ revenue beats as theme-park operator says consumers flocked to its parks in October
Six Flags Entertainment Corp.’s stock rose 2.9% early Wednesday, after the theme-park operator’s third-quarter revenue beat consensus estimates and it said strong consumer demand continued through ...Business - MarketWatch - Yesterday -
CVS beats revenue views, but profit missed due to a $1.1 billion reserve charge
CVS’s stock surges after revenue rose well above expectations, while profit missed because of a large charge premium deficiency reserves charge.Business - MarketWatch - Yesterday -
Moderna’s stock pops after biotech ekes out a surprise profit, and revenue beats by a wide margin
Moderna Inc.’s stock was higher but off its early highs Thursday, after the company’s third-quarter earnings showed an unexpected profit as well as revenue that beat estimates by a wide margin.Business - MarketWatch - 16 hours ago -
Papa John’s stock falls as same-store sales hurt by still-cash-strapped consumer
Pizza chain says it’s still operating in a challenging consumer environment.Business - MarketWatch - 15 hours ago