Latest in Revenues Beat Forecasts
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FirstFT: Nvidia revenues beat forecasts and jump nearly 80%
Also in today’s newsletter, Trump threatens EU with tariffs, and 7-Eleven owner’s founding family ditches buyout bidFinancial Times - 5h -
Workday beats estimates for revenue and profit, stock jumps
Workday exceeded analysts' estimates for the quarter and pointed to stronger demand from artificial intelligence products.CNBC - 1d -
Instacart suffers steepest drop on record after disappointing revenue, lackluster forecast
Instacart shares plummeted 12%, their worst day on record, after missing on revenue and issuing lackluster guidance.CNBC - 18h -
C3.ai’s stock falls as revenue growth beats expectations but slows down
C3.ai shares tumbled more than 5% in extended trading Wednesday.MarketWatch - 16h -
Hormel’s stock boosted by revenue beat, though challenges lie ahead with turkeys and nuts
The company said it continues to “recover from the snack nuts supply disruption” that impacted Planters nuts.MarketWatch - 4h -
Shares of world's largest brewer AB InBev pop 9% after posting fourth-quarter revenue beat even as volumes slide
The drinks maker, whose brands include Budweiser, Corona and Stella Artois, reported an 3.4% increase in fourth-quarter revenue to $14.84 billion.CNBC - 23h -
Stocks tumble as Walmart sales growth forecast disappoints
Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook.NBC News - 6d -
Trump trade overhaul clouds China’s shipping forecast
US president’s proposed new fees risk higher costs for companies, consumers and a struggling global trade systemFinancial Times - 3d -
LNG demand to jump 60% by 2040, Shell forecasts
Faster economic growth in Asia and decarbonisation efforts expected to boost demandFinancial Times - 2d -
What's the CD interest rate forecast for spring 2025?
With the Fed expected to hold rates steady in March, experts predict what could happen with CD stable this spring.CBS News - 1d -
Amazon surpasses Walmart in revenue for the first time
Walmart reported $180.5 billion in sales during the most recent quarter while Amazon reeled in $187.8 billion.CNBC - 6d -
Block shares fall on profit, revenue miss
Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.CNBC - 6d -
Salesforce misses on revenue, issues disappointing guidance
Salesforce missed analysts' expectations for quarterly revenue in its top two categories.CNBC - 16h -
Walmart’s Gloomy Sales Forecast Shows Customers Are Still Feeling the Inflation Squeeze
The company’s earnings forecast for the fiscal year fell below analysts’ expectations.Inc. - 6d -
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Weather forecasting takes big step forward with Europe’s new AI system
Predictions for up to 15 days ahead expected to improve tracking of extreme eventsFinancial Times - 2d -
Hims & Hers offers upbeat forecast, but stock slides after hours
Telehealth and wellness platform Hims & Hers on Monday offered a revenue outlook for the year ahead that topped Wall Street’s expectations, but shares fell hard in after-hours trading, in an echo ...MarketWatch - 2d -
Instacart stock falls as profit forecast comes up short
Shares of Instacart fell after hours on Tuesday, after the grocery delivery app’s forecast for its preferred measure of profit came in below expectations.MarketWatch - 1d -
This neat trick makes it simpler to forecast a decade of stock-market returns
A new research paper finds that there’s a simpler way of cyclically adjusting earnings to forecast future returns using just one year’s data instead of ten.MarketWatch - 1d -
Salesforce makes a pitch for AI ‘agents,’ but its tempered forecast spooks investors
Shares of Salesforce fell after hours on Wednesday after the customer-service and workplace-analytics platform’s full-year outlook came in below expectations.MarketWatch - 15h -
With Truth Social, Trump Has Official Mouthpiece and a Channel for Revenue
The president’s company, Trump Media & Technology Group, represents a clear mingling of his official duties and his business interests.The New York Times - Feb. 20 -
China's Alibaba sees revenue surge on back of artificial intelligence, e-commerce
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in ChinaABC News - 6d -
US says revenue from minerals deal will fuel Ukraine’s postwar growth
Kyiv remains sceptical of plan as Treasury secretary Scott Bessent denies it is ‘coercive’ in FT opinion articleFinancial Times - 4d -
North Koreans on Chinese Tuna Boats Boost Revenue for Kim Jong-un
Thousands of miles from home, North Koreans work on Chinese tuna longliners in the Indian Ocean for pay that goes to their leader, a new study says.The New York Times - 3d -
Congestion Pricing Reduced Traffic. Now It’s Hitting Revenue Goals.
Revenue figures from the Manhattan tolling plan showed that the program is on track to raise billions for mass transit repairs.The New York Times - 3d -
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PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027
Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.CNBC - 2d -
Krispy Kreme’s stock heads for a new low as company warns of weaker revenue
Krispy Kreme Inc.’s stock was down more than 23% Tuesday and heading toward a new low, weighed down by the doughnut maker’s fourth-quarter results and weak full-year outlook.MarketWatch - 1d -
Teladoc shares tumble on wider-than-expected loss, disappointing revenue guidance
Teladoc shares fell after the company reported fourth-quarter results that showed slowing revenue growth and weak guidance.CNBC - 18h -
Nvidia revenues hit $39.3B, up 78% in FYQ4 — with no sign of slowdown (updated)
Nvidia reported that its revenue for the third fiscal quarter ended October 27 was $35.1 billion, up 17% from the previous quarter and up 94% from a year ago.VentureBeat - 18h -
Snowflake’s stock soars as revenue and guidance cheer up investors
Snowflake shares soared in after-hours trade Wednesday, after the company’s fiscal fourth-quarter revenue topped estimates and it offered upbeat guidance for fiscal 2026.MarketWatch - 15h -
Nvidia revenues jump almost 80% on booming AI chip sales
Chief Jensen Huang says demand remains strong despite worries China’s DeepSeek could stymie growthFinancial Times - 8h -
Draper beats Berrettini in fightback to reach Qatar semis
British number one Jack Draper fought back from a set down to advance past Matteo Berrettini into the semi-finals of the Qatar Open.BBC News - 6d -
Yahoo Sports AM: Canada beats the USA, again
In today's edition: Canada wins the 4 Nations Face-Off, Wemby's season is over, the Boston three party, MLS' 30th season kicks off, and more.Yahoo Sports - 6d -
Andreeva beats Rybakina to reach Dubai final
Mirra Andreeva, 17, defeats former Wimbledon champion Elena Rybakina to reach the final of the Dubai Tennis Championships.Yahoo Sports - 5d -
Curry makes history as Warriors beat Kings
Steph Curry becomes the first Golden State Warriors player in NBA history to reach 700 20-point career games after helping his side to a 132-108 win against the Sacramento Kings.Yahoo Sports - 5d -
USWNT beats Australia for 2nd win at SheBelieves
The depth of the United States was on display in a 2-1 win over Australia in Glendale, Arizona, on Sunday that puts the Americans in position for a sixth straight SheBelieves Cup title.ESPN - 3d -
NZ beat Bangladesh to reach Champions Trophy semis
Rachin Ravindra's 112 helps New Zealand reach the semi-finals of the Champions Trophy as they beat Bangladesh by five wickets.BBC News - 2d -
Expansion San Diego beats Galaxy in MLS opener
Anders Dreyer scored a brace and Carlos Dos Santos recorded three saves for his first career clean sheet as visiting San Diego FC stunned defending MLS champ LA Galaxy 2-0 on Sunday in the ...ESPN - 3d -
A cash-filled briefcase, a missing shield and the beating of Australia
When England's women face Australia in Las Vegas on Saturday night, they can thank the Great Britain trailblazers who overcame remarkable odds just to get a Test series on - and then won it.BBC News - 9h
