Shares and Indices

Shares and Indices

Intel beats estimates, but future outlook falls short – the stock dips in the after-hours

US technology giant, Intel Corporation (NASDAQ: INTC), reported Q4 2023 financial results on Thursday. World’s largest semiconductor company by revenue reported revenue and earnings per share (EPS) that beat analyst estimates. Revenue reached $15.406 billion vs. $15.159 billion expected. Revenue grew by 10% year-over-year. EPS reported a...

January 29, 2024
Read More >
Visa tops Wall Street estimates

The largest financial services company in the world, Visa Inc. (NYSE: V), released the latest earnings results for Q1 of fiscal 2024 after the market closed in Wall Street on Thursday. The US company reported revenue of $8.634 billion (up by 9% year-over-year) vs. $8.554 billion expected. Earnings per share reported at $2.41 (up by 11% year-o...

January 29, 2024
Read More >
AT&T shares fall after earnings

US telecommunications giant, AT&T Inc. (NYSE: T), released its latest financial results before the opening bell in Wall Street on Wednesday. The company reported revenue of $32.022 billion for Q4 2023 vs. $31.457 billion. Revenue was up by 2.2% year-over-year. Earnings per share (EPS) fell short of analyst estimate of $0.557 per share at ...

January 25, 2024
Read More >
IBM Q4 results exceed expectations – the stock is rising in the after-hours

International Business Machines Corporation (NYSE: IBM) announced Q4 2023 financial results after the closing bell in the US on Wednesday. The American IT and consulting company reported revenue of $17.381 billion for the last quarter of 2023 (up by 4% year-over-year), narrowly beating Wall Street estimate of $17.289 billion. Earnings per sha...

January 25, 2024
Read More >
Netflix’s total paid subscribers hits an all-time high – the shares are rising

American online streaming service company, Netflix Inc. (NASDAQ: NFLX), released its latest financial results for Q4 of 2023 after the market closed on Tuesday. Netflix reported revenue of $8.833 billion for the quarter (up by 12.5% year-over-year) vs. $8.723 billion expected. Earnings per share reported at $2.11 per share, falling short of W...

January 24, 2024
Read More >
Procter & Gamble stock rises after earnings

World’s largest consumer goods company, Procter & Gamble Company (NYSE: PG), announced second quarter of fiscal year 2024 results on Tuesday. The company achieved revenue of $21.441 billion for the quarter (up by 3% year-over-year), slightly short of Wall Street estimate of $21.476 billion. Earnings per share reached $1.84 per share (up...

January 24, 2024
Read More >
Johnson & Johnson results beat expectations

Johnson & Johnson (NYSE: JNJ) reported Q4 2023 and full year financial results before the market open in the US on Tuesday to kick off another week of earnings. US pharmaceutical and consumer goods company reported revenue of $21.395 billion for the last quarter of 2023, beating analyst estimate of $21.022 billion. Revenue grew by 7.3% vs. t...

January 24, 2024
Read More >
Tesla Q4 Earnings Preview – Can a strong report turn the stock around?

TSLA comes into Wednesdays Q4 earnings report having taken a beating so far is 2024, with the stock price down almost 16% in the first 4 weeks of the new year. Q4 was a quarter that saw the company’s deliveries trend higher, driven by stronger sales of its entry-level vehicles following price cuts, an upside surprise may be on the cards lending r...

January 23, 2024
Read More >
TSMC posts better-than-expected results – the stock rises

World’s second largest semiconductor company, Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM), reported the latest results for Q4 of 2023 before the opening bell in Wall Street on Thursday. TSMC achieved revenue of $19.785 billion in Q4 2023 vs. $19.675 billion expected. Revenue rose by 14.4% from Q3. Earnings per share was reported...

January 19, 2024
Read More >
Charles Schwab announces Q4 and 2023 full-year results

The Charles Schwab Corporation (NYSE: SCHW) released Q4 and 2023 full-year earnings results before the opening bell in Wall Street on Wednesday. The US financial services company reported revenue of $4.459 billion, falling slightly short of analyst estimate of $4.494 billion. Revenue was down by 19% vs. Q4 of 2022. Earnings per share (EPS) re...

January 18, 2024
Read More >
Prologis posts mixed results – the stock is down

Prologis Inc. (NYSE: PLD) announced reported its latest financial results before the market open in the US on Wednesday. The largest real estate company in the US reported revenue of $1.756 billion for Q4 of 2023. Revenue missed analyst estimate of $1.85 billion. Earnings per share (EPS) reported at $0.68 per share, above $0.588 per share exp...

January 18, 2024
Read More >
Goldman Sachs tops Wall Street estimates

The Goldmans Sachs Group Inc. (NYSE: GS) released the latest financial results for the last quarter of 2023 and the full year on Tuesday. The New York based financial firm reported revenue of $11.318 billion for the quarter vs. $10.797 billion estimate. Earnings per share (EPS) reported at $5.48 per share vs. $3.617 per share expected. Tot...

January 18, 2024
Read More >
Morgan Stanley’s share price dips after earnings

US financial services company, Morgan Stanley (NYSE: MS), announced Q4 2023 and full year financial results before the US open on Tuesday. Morgan Stanley reported revenue of $12.896 billion for the previous quarter, narrowly beating analyst estimate of $12.773 billion. Earnings per share (EPS) fell well short of Wall Street expectations at $0...

January 18, 2024
Read More >
UnitedHealth tops estimates but the stock is down

World’s largest healthcare company, UnitedHealth Group Inc. (NYSE: UNH), reported fourth quarter and 2023 full-year financial results on Friday. The company achieved revenue of $94.427 billion for Q4 of 2023 (up by 14% vs. Q4 2022) vs. $92.126 billion expected. Earnings per share (EPS) reported at $6.16 per share vs. estimate of $5.985 per ...

January 15, 2024
Read More >
Bank of America stock dips as earnings fall short of expectations

Bank of America Corp. (NYSE: BAC) announced Q4 2023 financial results before the opening bell in Wall Street on Friday. The US bank reported revenue that fell short of estimates of $23.5 billion vs. $23.703 billion expected. Earnings per share was reported well below analyst expectations at $0.35 per share vs. $0.533 per share estimate. Co...

January 15, 2024
Read More >