Wall Street wants to know when ‘GTA VI’ is going to drop, too.
The biggest question for Take-Two Interactive Software Inc. executives would be the same for gamers and Wall Street analysts: When is the next “Grand Theft Auto” going to drop? Take-Two’s TTWO, -4.74% blockbuster game is due for its first new iteration in nearly a decade, and Wall Street analysts have definitely taken note, even diving […]
Google Stock Falls Following Earnings Miss |
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RH to restate quarterly results after errors in earnings-per-share calculations
RH, the retailer formerly known as Restoration Hardware RH, -0.99%, said in a filing late Friday that it will restate per-share earnings results for several periods after it found mistakes in the way it accounted for some pretax losses related to debt payments. RH also updated its fiscal 2022 revenue outlook, saying it expects a […]
Dollar bounces as weak tech earnings damp risk appetite By Investing.com
© Reuters. By Geoffrey Smith Investing.com — The dollar traded higher early in Europe on Friday, after weak earnings from three of Silicon Valley’s largest companies damped risk appetite more broadly. Amazon (NASDAQ:), Apple (NASDAQ:) and Google owner Alphabet (NASDAQ:), all saw their stocks fall after their reports for the final quarter of the year, […]
Nasdaq 100 Futures Drop After Apple Earnings Miss, Amazon and Google Mixed
Earnings, Apple, Amazon, Google and Nasdaq 100 Talking Points: The Market Perspective: Bearish Nasdaq 100 Relative to Bullish Dow Index Amazon and Google both offered mixed earnings results with both companies short of analysts’ EPS forecasts, though revenues were not a detriment Apple, sporting the largest market cap in the world above $2 trillion, missed […]
Opinion: Apple offers breadcrumbs for a forecast, but is that enough to reassure Wall Street?
Apple Inc.’s breadcrumbs lead back to a familiar place: The iPhone is all that matters. After posting its largest revenue decline in more than six years — led by underwhelming iPhone sales — in its fiscal first-quarter earnings report Thursday, Apple once again refused to provide a traditional forecast for the coming quarter or year. […]
January jobs seen slowing slightly, but impact of big layoffs unclear
Economists expect slightly slower, but still strong job growth in January, while the impact of corporate layoff announcements is unclear.According to Dow Jones, the consensus forecast calls for 187,000 new nonfarm jobs in January, down from 223,000 that were created in December. The employment report will be released at 8:30 a.m. ET Friday.The unemployment rate […]
Qualcomm Strengthens Ahead of Earnings Report
Qualcomm, D1 Qualcomm is scheduled to release its latest quarterly earnings report on Thursday, February 02, 2023 after the market close. Zacks Consensus Estimate for revenue was pegged at $9,700 million, representing a 9.3% decrease from the year-ago quarter’s reported figure. Adjusted earnings per share were pegged at $2.35, indicating a contraction from the $3.23 […]
This trader nailed two big market calls in 2022. She says investors are ‘being paid to wait’ so should steer clear of stocks for 2023.
Ahead of major tech earnings, Meta results are ready to light up the Nasdaq Composite COMP for Thursday. The S&P 500 SPX is also pointing to gains as investors take a glass-half full view of the Fed meeting. Worried that investors are in the clutches of another Fed misread is the founder of LaDucTrading.com, Samantha LaDuc. “The […]
BT pretax profit falls, but backs annual guidance
BT Group PLC said Thursday that nine-month pretax profit fell due to increased depreciation that offset earnings before interest, taxes, depreciation and amortization growth. The U.K. telecommunications company BT.A, +2.58% said revenue for the period to Dec. 31 was 15.59 billion pounds ($19.29 billion) compared with GBP15.68 billion a year earlier as the BT Sport […]