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Earnings Outlook: Nvidia earnings expected to show record gaming sales despite shortage
Nvidia Corp. faces expectations of a record quarter in its core gaming card business, along with a big jump in data-center sales, as the chip maker navigates a landscape where customers can't get enough of their products amid a semiconductor shortage......»»
A look at the "long recovery" for Atlanta"s hotel industry
The U.S. economy is expected to continue a V-shaped recovery as more Americans are vaccinated. But the long-term outlook for the hotel industry shows a slower pace of recuperation......»»
Earnings Results: Take-Two earnings, outlook top Wall Street estimates on strong holiday quarter
Take-Two Interactive Software Inc. reported a better-than-expected outlook and results in the extended session Monday as sales gained a holiday boost during the COVID-19 pandemic but shares of the videogame publisher slipped after hours......»»
Earnings Results: Match Group offers mixed forecast while topping estimates for latest quarter
Match Group Inc. delivered slightly better-than-expected results Tuesday while posting a mixed outlook for the quarter and year ahead......»»
The eurozone economy shrank by less than expected in the final quarter of 2020 - but analysts say the slow rollout of vaccines will limit the recovery
The eurozone economy shrank 0.7% in the final three months of the year. But the slow rollout of coronavirus vaccines is worrying economists. Germany's e.....»»
2020 Economic Growth Was The Worst Since World War II
The numbers for U.S. economic growth in 2020 are in, and as expected, they’re not good. Although things were looking up in the fourth quarter, the first two quarters were so bad that the economy shrunk the most since World War II. Q4 20.....»»
Earnings Outlook: Tesla’s 2021 sales goals is focus for car maker’s fourth-quarter earnings
Tesla Inc. is expected to report fourth-quarter earnings on Wednesday after the bell, with Wall Street zeroing in on the Silicon Valley car maker's sales guidance for 2021......»»
US economy grows at record 33.4% pace in rally from coronavirus lows
The U.S. economy grew at a faster-than-expected record pace during the third quarter, according to a third estimate released by the Commerce Department on Tuesday......»»
Dropbox’s first quarterly profit is a sign of the ever-changing economy
“There is enormous opportunity,†Dropbox Chief Executive Drew Houston told MarketWatch in a phone interview after the company announced better-than-expected quarterly results Thursday, its first profitable GAAP quarter, and raised revenue guidance......»»
Thomson Reuters reports higher first-quarter sales and operating profit
Thomson Reuters Corp on Tuesday reported higher quarterly sales and operating profit but cut is full-year sales outlook, citing unprecedented disruption in the global economy......»»
Apple’s iPhone sales fell as the coronavirus struck
Apple warned investors in February to expect worse than expected numbers in its fiscal second quarter. Since then, the virus spread around the world and tanked the global economy. On Thursday, investors got an opportunity to survey the damage so far......»»
Eurozone economy contracted 3.8% in first quarter, worst GDP since series started
The eurozone economy contracted 3.8% in the first quarter, the Eurostat statistics agency said Thursday in the worst decline since records were kept in 1995. Economists polled by FactSet expected a 3% deterioration. Eurostat also r.....»»
MarketWatch First Take: Google gives Wall Street what it wants, and the stock shoots higher
As the global pandemic continues to ravage the economy, Alphabet Inc.'s outlook for the second quarter was grim, but it could be the bottom for the ad and search giant, as it is making all the right moves to hunker down and wait out the storm......»»
China set to cut benchmark rate after first GDP contraction on record: analysts
China is widely expected to cut its benchmark lending rate on Monday to provide further support for the coronavirus-hit economy, which shrank for the first time on record in the first quarter, a Reuters survey of traders and analysts found......»»
Consumer spending rose a mild 0.2% in February ahead of pandemic
Consumer spending increased a mild 0.2% in February, the government said Friday. Spending, the main engine of the economy, has slowed a bit in 2020 ahead of the coronavirus. Spending is expected to dramatically weaken in the next few months as.....»»
Global economy already in recession -economist poll
The global economy is already in recession due to the coronavirus pandemic, according to economists polled by Reuters, separately Goldman Sachs sees U.S. GDP plunging 24 percent in the second quarter. Conway G. Gittens has more on the gloomy outlook......»»
Express beats adjusted profit and sales expectations, but provides downbeat outlook
Shares of Express Inc. were indicated down less than 1% in premarket trading Wednesday, after the apparel retailer reported better-than-expected fiscal fourth-quarter results but provided a downbeat first-quarter.....»»
Hilton stock declines after hotel company pulls outlook on coronavirus impact
Hilton Worldwide Holdings Inc. shares declined in the extended session Tuesday after the hotel chain pulled its guidance for the first quarter and the year because of the COVID-19 coronavirus's impact on the global economy. Hilton shares fell 3.7% after.....»»
Southwest Airlines sees first-quarter revenue hit on coronavirus fears
Southwest Airlines Co said on Thursday it expected a hit of up to $300 million to its first-quarter operating revenue from the new coronavirus outbreak, prompting it to cut its quarterly revenue outlook......»»
Southwest Airlines sees first-quarter revenue hurt coronavirus fears
Southwest Airlines Co said on Thursday it expected a hit of up to $300 million to its first-quarter operating revenue from the new coronavirus outbreak, prompting it to cut its quarterly revenue outlook......»»