Royal KPN posts forecast beating profit, begins $325.5 million share buyback program
Royal KPN NV on Tuesday reported a 21% rise in fourth-quarter net profit that beat forecasts, and said it has started a new 300 million-euro ($325.5 million) share buyback program. The Dutch telecommunications operator KPN, +0.92% made a net profit for the quarter of EUR190 million compared with EUR157 million for the same period a […]
Whirlpool, NXP Semiconductors, UnitedHealth and more
An employee stands next to a Whirlpool washing machine inside a home appliances showroom in New Delhi.Anindito Mukherjee | ReutersCheck out the companies making headlines after the bell: NXP Semiconductors — Shares of NXP Semiconductors dropped 3% in extended trading after its revenue outlook for the first quarter fell short of analysts’ expectations, according to FactSet. […]
Meta: Q4 2022 Earnings Preview
Meta Platforms formerly known as Facebook, Inc.) will report its earnings result for Q4 2022 on 1st February (Wednesday), after market close. The technology conglomerate with market cap nearly $400B which is based in California, USA engages in connecting people and community as well as helping businesses to grow through its Family of Apps (FOA) including […]
It’s a key week for the stock market. If you’re not nervous, you should be, this global strategist warns.
Investors have got the jitters as a big week unfolds — several central bank meetings including the Fed, earnings from Apple and Amazon.com, and jobs data. Yikes.Any investor out there who isn’t nervous, perhaps should recheck his gut, says our call of the day, from Standard Chartered’s global head of research, Eric Robertsen. “We do […]
Market nervous before huge week of earnings and Fed announcement
Here is what you need to know on Monday, January 30: Markets are pretty quiet this morning as we have a lot to get through this week. Overnight, equities in Asia were weak as risk-off was the main theme. The Hang Seng closed down nearly 3%, while the Nikkei was flat. No surprise here given we […]
Market Update – January 30 – Mega Central banks, OPEC, NFP & Earnings week
Trading Leveraged Products is risky China Stock market returns from Luna New Year break. Chinese stocks rose while most other Asian equities fell as investors looked to interest rate decisions scheduled this week in the US, UK and Europe and busy earnings agenda. Nikkei ended at a more than 1-month high today. Global Stocks excluding […]
Amazon (AMZN stock) earnings approach [Video]
Amazon earnings are due out this week for Q4 2022 and expectations are for an EPS of 0.17 and revenue of $145.77 billion. Since the start of the year, Amazon has been preparing for a coming global turndown by cutting 18,000 jobs which was an increase of the 10,000 reported at the end of last […]
Apple, Amazon, Facebook and Google face earnings test amid Big Tech layoffs
In the biggest week of the holiday-earnings season, Big Tech results will receive the spotlight amid thousands of layoffs that could only be the beginning.After tech stocks were decimated in 2022, investors will be looking for signs of a turnaround in holiday reports and potential forecasts for the year ahead from three of 2022’s top […]
McDonald’s earnings haven’t been hit by higher prices, as ‘it just seems like Americans are more upset by the change in price at grocery stores’
Rising prices have kept diners away from many restaurants, but not McDonald’s Corp. As the ubiquitous burger chain prepares to report fourth-quarter results on Tuesday with its stock close to record highs, Wall Street could get pickier about signs of the company’s growth, though analysts were largely upbeat heading into the report. Some said McDonald’s […]
Microsoft (MSFT Stock) and Tesla (TSLA Stock) earnings and the rise of Citadel [Video]
In this episode, we explain what you need to know from the first of the big tech companies to report their corporate earnings this season, Microsoft. We dive into the numbers and explain what they all mean and why investors are most interested in the performance of their cloud computing division. Elsewhere, Citadel has leaped […]