Pinterest, the popular social media platform, experienced a significant decrease in its shares during after-hours trading after the company released a disappointing revenue report and a weaker-than-expected forecast. Investors were not pleased with the news, leading to a sharp decline in Pinterest’s stock value. The disappointing performance was only partly softened by the announcement of
Earnings
PayPal, the global payment giant, reported better-than-expected fourth-quarter results, much to the delight of investors. Earnings per share came in at $1.48, surpassing the estimated $1.36. Additionally, revenue stood at $8.03 billion, beating expectations of $7.87 billion. The company experienced a 9% increase in revenue compared to the previous year’s fourth quarter. These numbers pointed
Uber, the popular ride-hailing and delivery service company, recently reported its fourth-quarter results. The company surpassed analysts’ expectations on both the top and bottom lines, leading to positive investor sentiment. However, a closer analysis of the numbers reveals both strengths and weaknesses that warrant attention. Uber reported earnings per share of 66 cents, significantly higher
Ford Motor, one of the leading global automakers, exceeded the expectations of Wall Street in the fourth quarter of 2023. The company also provided a positive outlook for 2024, surpassing analysts’ projections. With impressive guidance for key financial metrics, Ford Motor is well-positioned for growth and profitability in the coming year. Ford’s full-year forecast for
Palantir, the AI and data analytics company, saw its shares soar over 17% in after-hours trading after announcing its fourth-quarter earnings that surpassed analysts’ expectations for revenue. The company reported a revenue of $608.4 million for the fourth quarter ending on December 31, 2023, a 20% increase compared to the previous year. This came as
Chevron, the second-largest U.S. oil company, reported a significant decrease in its fourth-quarter profit compared to the previous year. The decline was attributed to impairment charges. However, despite the challenging financial results, Chevron managed to achieve a record cash return to its shareholders in 2023. The company returned a total of $26.3 billion to investors
Amazon, the e-commerce giant, reported fourth-quarter results that exceeded analysts’ expectations, fueling investor enthusiasm and driving the company’s stock up more than 8% in extended trading. The impressive results were accompanied by robust guidance for the current quarter, further reinforcing Amazon’s position as a dominant force in the market. This article explores the key highlights
Qualcomm, a prominent chipmaker, recently released its fiscal first-quarter results, surpassing analysts’ expectations. The company reported solid sales of handset chips, which contributed to its success. This article critically examines Qualcomm’s performance, delving into the revenue, earnings, and future outlook of the company. Qualcomm’s earnings per share for the fiscal first quarter stood at $2.75
AMD, the semiconductor company, recently reported its fourth-quarter earnings, meeting analyst expectations. However, while the company’s revenue surpassed estimates, its first-quarter forecast fell short of expectations. This disappointing forecast led to a decline of over 6% in AMD’s stock during extended trading. Despite this setback, there is still reason for optimism, as the company provided
Intel, the largest semiconductor maker by revenue, experienced a drop in shares during after-hours trading following the release of its Q1 2024 outlook. While the company’s latest quarter results beat Wall Street estimates, its projected earnings per share and sales for the first quarter fell short of analyst forecasts. This article will delve into Intel’s