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Microsoft has 17% upside potential and upcoming earnings will show strong AI-driven growth, Bank of America says
Bank of America raised Microsoft's earnings estimate by 1% above its $60.5 billion Q3 revenue forecast, citing sustained Azure strength. Drew Angerer/Getty Images Bank of America raised its Microsoft earni.....»»
Mexico"s America Movil to focus on bringing 5G to Latin America
America Movil, Mexico's largest telecommunications provider, shed light on its plans to roll out 5G technology in Latin America on Wednesday as the company's shares surged on a strong earnings report......»»
Wall Street higher on U.S. growth optimism; Nasdaq hits record
U.S. stocks rose and the Nasdaq hit a record high on Monday, as a recent set of strong domestic economic data and largely upbeat fourth-quarter earnings tempered worries about the impact of the coronavirus outbreak on global growth......»»
Amazon"s run of record earnings comes to an end
Amazon’s run of record-high earnings came to an end Thursday, and shares fell in after-hours trading despite strong sales growth......»»
Amazon’s run of record earnings comes to an end, and the stock is falling
Amazon.com Inc.’s run of record-high earnings came to an end Thursday, and shares fell in late trading despite strong sales growth......»»
AB InBev profits as beer sales growth hits five-year high
Anheuser-Busch InBev , the world's largest brewer, beat earnings expectations after beer sales grew at their fastest pace in over five years, helped by increases in Latin America, Europe and Africa and a later Easter......»»
AB InBev beats expectations as beer sales growth hits five-year high
Anheuser-Busch InBev , the world's largest brewer, beat earnings expectations in the second quarter after beer sales grew at their fastest pace in over five years, helped by increases in Latin America, Europe and Africa......»»
Ericsson second-quarter operating profit matches expectations
Mobile telecom equipment maker Ericsson reported on Wednesday a rise in line with expectations in second-quarter operating earnings helped by strong sales growth in North America......»»
Ericsson shares hit four-year high after profit tops forecasts for fifth quarter
Ericsson posted a first-quarter profit on Wednesday that swept past forecasts due to strong growth in North America and cost cuts, spurring the telecom equipment maker to boost its full-year outlook for the global networks market......»»
Ericsson first-quarter operating profit beats forecast
Mobile telecom equipment maker Ericsson reported on Wednesday a bigger that expected rise in first-quarter operating earnings and said it saw strong growth in North America as it raised its outlook for the global networks market......»»
LULU Makes New Highs With Earnings Beat: Are We Too Late To Buy?
Lululemon (LULU) is up 16% in morning trading, hitting an all-time high of $171.45 after a strong earnings release. LULU announced an EPS of 1.85, beating expectations by 6.3%. Posting 26% year-over-year growth in quarterly revenue an.....»»
Facebook shares soar as it surprises Wall St. with strong growth
Shares of Menlo Park-based Facebook jumped 8.4 percent at the opening bell today, after posting quarterly earnings that far exceeded Wall Street’s already high expectations. The company said it pulled in $11.97 billion in sales in the first quarter, an.....»»
Cipla poised to maintain high growth, earnings may grow by over 20%
Growth is expected to be strong in the March 2017-18 quarter (Q4) as well and in the current financial year.....»»
Wall Street eyes earnings stabilizer after FAANG stocks wobble
(Reuters) - Wall Street is hoping that first-quarter earnings growth and corporate forecasts are strong enough to bring the FAANG group of stocks back into favor and take the spotlight off worries that caused the recent sell-off in the high-flying group......»»
Manulife (MFC) Q1 Earnings Grow on Strong Segmental Results
Manulife's (MFC) Q1 reflects high growth in Asia and Global Wealth and Asset Management, improved policyholder experience in Canada and a favorable impact.....»»
Hyatt Hotels" (H) Strategic Efforts to Aid Long-Term Growth
Hyatt Hotels (H) consistently tries to expand its presence worldwide and has plans to widen footprint in Asia-Pacific, Europe, Africa, Middle East and Latin America. Hyatt Hotels Corporation H is riding high on impressive earnings surprise hist.....»»
Nike shares hit record as investors cheer North America rebound
(Reuters) - Nike Inc's shares jumped 12 percent to their all-time high on Friday after the world's largest shoe maker saw a major sales rebound in its North America business and forecast strong growth for 2019......»»
Wall Street flat as oil slump offsets earnings optimism
Wall Street was mostly flat on Monday as a slump in oil prices dragged energy shares lower, offsetting a jump in financial stocks after Bank of America's strong results reinforced expectations of earnings growth for U.S. companies......»»
Abbott (ABT) Q2 Earnings & Revenues Top Estimates, View Up
Abbott (ABT) posts another quarter of strong EPD and Medical Devices performance. Particularly, Abbott has been riding high on a healthy growth within its Diabetes Care business. Ab.....»»
Microsoft soars past $800 billion in value after strong earnings
Shares of Microsoft rose to a record high Friday after the company reported another blockbuster quarter, backed by growth in its legacy software business and Azure cloud computing services......»»