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Reddit shares soar after company reports strong first-ever earnings with record user traffic

The social media platform beat expectations for its first-ever public quarter, sending the stock price up more than 16% in after-hours trading. Reddit CEO Steve Huffman stands on the floor of the New York Stock Exc.....»»

Category: topSource: businessinsiderMay 7th, 2024

Daily Digest: Google to leave S.F. office tower; City tax plan moves on

Good morning, Bay Area. Starting your hump day on Wall Street, newly minted shares of Reddit (NYSE: RDDT) soared by more than 17% on Tuesday after the company delivered its first earnings call as a public company, revealing strong revenue and a narrower-t.....»»

Category: topSource: bizjournalsMay 8th, 2024

TSA Reports Post-Pandemic Record Screenings: 3 Airline Stocks To Watch

Airline traffic is one of many industries that has been hurt by the Covid-19 pandemic. TSA screenings are up and airlines that have reported earnings are pointing to strong recoveries and bookings. read more.....»»

Category: blogSource: benzingaMay 10th, 2021

Valley Republic Bancorp Reports Record 1st Quarter Earnings and Continued Strong Balance Sheet Growth

BAKERSFIELD, Calif., April 15, 2021 /PRNewswire/ -- Valley Republic Bancorp (the "Company") (OTCQX:VLLX), the parent company of Valley Republic Bank (the "Bank"), today announced its financial results for the quarter ended March 31, 2021. 1st Qu.....»»

Category: earningsSource: benzingaApr 15th, 2021

Micron Reports Strong Q2 Earnings Beat

Micron Technology (NASDAQ: MU) shares were trading higher after the company reported better-tha.....»»

Category: earningsSource: benzingaMar 25th, 2020

Apple investors should protect against earnings losses as expectations soar, JPMorgan says

Markus Schreiber/AP Images Apple shares sit just below record highs after an 86% gain in 2019, and JPMorgan analysts say investors should "reduce risk" heading into the company'.....»»

Category: topSource: businessinsiderJan 27th, 2020

Target Reports Q3 Earnings Beat, Raises Guidance

Target (NYSE: TGT) shares are trading higher following third-quarter earnings beat. The company beat EPS and sales estimates, reported strong digital channel sales growth and raised fiscal year 2019 guid.....»»

Category: earningsSource: benzingaNov 20th, 2019

In wake of strong earnings report, Nike stock hits record high

Nike's shares climbed 4 percent Wednesday, hitting an all-time high, one day after the company released a strong quarterly earnings report that exceeded Wall Street expectations. The Washington County-based company's stock is now worth $142 billion. N.....»»

Category: topSource: bizjournalsSep 25th, 2019

Cintas stock soars to near-record high after strong earnings

Cintas Corp.’s first-quarter earnings easily beat analysts’ estimates late Tuesday and the company raised its guidance, sending its shares to a near-record high Wednesday. Mason-based corporate uniform maker Cintas’ (Nasdaq: CTAS) first-quarter.....»»

Category: topSource: bizjournalsSep 25th, 2019

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.....»»

Category: topSource: bizjournalsApr 26th, 2018

Samsung records record quarterly profit

Samsung reported a record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers, despite weakness in the global smartphone market that the company said could slow earnings growth. Ed Giles reports......»»

Category: videoSource: reutersApr 26th, 2018

Nvidia’s stock eases back from record high following big earnings beat, strong outlook

Nvidia Corp. shares ease off their record highs in the extended session Thursday, following an earlier after-hours gain, as the chip maker reports quarterly results and an outlook that tops Wall Street estimates......»»

Category: topSource: marketwatchMay 10th, 2018

Kroger shares soar on strong outlook

Kroger's profit jumped six-fold, and the supermarket operator raised the low end of its earnings forecast. As Fred Katayama reports, its turnaround program is starting to produce results......»»

Category: videoSource: reutersJun 21st, 2018

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......»»

Category: topSource: moneycentralJul 20th, 2018

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......»»

Category: topSource: moneycentralJul 20th, 2018

Walmart"s second quarter sales rise most in decade, shares soar

Walmart Inc reported quarterly earnings and sales that topped estimates on Thursday, driven by strong grocery sales and a revamped website that boosted online purchases, and the company's shares soared over 10 percent in early trade......»»

Category: topSource: reutersAug 16th, 2018

Ulta Beauty Shares Soar After Strong Earnings, New Partnerships

After Ulta Beauty, Inc. (NASDAQ: ULTA) demonstrated better-than-expected second-quarter results, analysts remain bullish on the beauty supply company. The Analyst Raymond James analyst Joseph Altobello maintained a Market Perform rating. .....»»

Category: earningsSource: benzingaAug 31st, 2018

Ulta Beauty Shares Soar After Strong Earnings, New Partnerships

After Ulta Beauty, Inc. (NASDAQ: ULTA) demonstrated better-than-expected second-quarter results, analysts remain bullish on the beauty supply company. The Analyst Raymond James analyst Joseph Altobello maintained a Market Perform .....»»

Category: blogSource: benzingaAug 31st, 2018

Healthcare momentum rides on defensive appeal, earnings, election

Healthcare company shares have taken the lead in the record-setting U.S. stock market, and a desire for investors to become more defensive combined with potentially strong upcoming earnings could drive them even higher......»»

Category: topSource: reutersSep 28th, 2018

California BanCorp Reports Record Quarterly Earnings of $2.5 Million, Up 20% from 3Q17, and a Strong 14% Core Deposit Growth

OAKLAND, Calif., Oct. 30, 2018 (GLOBE NEWSWIRE) -- California BanCorp (the "Company") (OTCQX:CALB), the parent company of California Bank of Commerce (the "Bank"), today announced record earnings and strong a.....»»

Category: earningsSource: benzingaOct 30th, 2018

Alibaba shares soar after record $41B spending spree in 2018

Alibaba shares soared after the company reported market-beating earnings in the three months ended December, with investors content with a record amount of spending by the company in the 2018 calendar year, hoping that it will spur future growth......»»

Category: topSource: moneycentralJan 31st, 2019