-
Alphabet Profitability Still Hidden In The Cloud As It Surges Past FAANG Toward Q2 Earnings
Thursday, July 22, 2021 - 4:18pm | 1407Read More...Alphabet (NASDAQ: GOOGL) arguably hit it out of the park last quarter when it reported earnings that left analysts’ estimates in the dust. Overall revenue came in strong at $55.3 billion, up 34% year over year, with each business segment topping expectations by a wide margin except for...
-
Semiconductor Shortages Not Over Yet, Daimler Warns In Q2 Earnings Report
Wednesday, July 21, 2021 - 1:50pm | 731Read More...Daimler Truck grew second-quarter sales by 92% over the pandemic-impacted year-ago quarter but warned that a shortage of semiconductors could persist for the rest of the year, limiting growth as the Daimler AG unit prepares to become a stand-alone company. But Daimler Truck CEO Martin Daum was...
-
Volvo Group Posts Solid Q2 Results Despite Losing Month Of Production
Tuesday, July 20, 2021 - 4:45pm | 673Read More...Volvo Group lost about a month of truck production in Q2 because of the semiconductor shortage. But it still posted solid results as orders and deliveries soared compared with the pandemic-impacted year-ago quarter. Sweden-based Volvo (OTC: VLVLY) made no mention of a labor dispute at its Volvo...
-
Heartland Express: Q2 In Line Despite Revenue Weakness
Monday, July 19, 2021 - 2:01pm | 691Read More...North Liberty, Iowa-based truckload carrier Heartland Express reported an 8.1% year-over-year decline in second-quarter revenue (excluding fuel) Monday. Earnings per share were in line with analysts' expectations at 26 cents. Even with the top-line weakness, Heartland Express (NASDAQ: HTLD)...
-
July Outlook: Focus Turns To Corporate Forecasts As Wall Street Begins Digesting Q2 Earnings
Monday, June 28, 2021 - 4:14pm | 2113Read More...The old hockey adage goes, “Don’t skate to where the puck is, skate to where you think it’s going to be.” That same phrase could apply to investors once earnings season gets going in July. It’s not so much where the reporting companies have been or what they recently...
-
Earnings Calendar Quiet Today, But Big Names Including FedEx, Nike Ahead Later In Week
Tuesday, June 22, 2021 - 10:08am | 2667Read More...Talk about snapping right back. Major indices rose just a bit in pre-market trading this morning, nothing too spectacular, but Monday’s surge was the best day in three months after a four-day losing stretch. Basically, stocks are back to where they were before Friday’s plunge as...
-
Ford Expects Q2 Earnings To Exceed Expectations
Monday, June 21, 2021 - 12:58pm | 738Read More...When Ford Motor Company (NYSE: F) reported $0.89 earnings per share in the previous quarter and topped analysts' estimates of $0.16, both the company and the analysts are impatiently waiting for the second-quarter results. Based on the company's previous reporting dates, we expect Ford...
-
Fintech Focus For November 18, 2020
Tuesday, November 17, 2020 - 6:49pm | 2035Read More...Quote Of The Day: We are what we repeatedly do; excellence, then, is not an act but a habit. - Aristotle Fintech Movers: Robinhood Markets, the trading platform that’s proved popular with novice investors, has asked banks to pitch for roles in an initial public offering, according to people...
-
Tuesday's Market Minute: Cruise Liners' Long Road To Recovery
Tuesday, August 11, 2020 - 10:02am | 369Read More...Tourism stocks were up in premarket trading Tuesday following a day of gains Monday. Despite COVID-19 continuing to weigh on travel-related industries, several names saw relative strength after President Trump signed an executive order extending Coronavirus relief efforts. Royal Caribbean Cruises...
-
Gasping For Energy: Sector Tries To Mount Q2 Earnings Recovery
Tuesday, July 9, 2019 - 10:42am | 1620Read More...After a rough Q1 earnings season for many major Energy sector companies, it looks like things are slowly turning around as the next reporting period looms. However, the sector continues to sputter amid soft product prices that may reflect slowing global economic growth. The operative word might be...
-
Cloud Looming? Oracle's Revenue Seen Down In Competitive Atmosphere
Tuesday, June 18, 2019 - 2:42pm | 1401Read More...Declining revenue for a second-straight quarter in an increasingly competitive cloud-computing environment could loom for technology firm Oracle Corporation (NYSE: ORCL) as it prepares to report Wednesday. Most analysts expect a year-over-year revenue dip, although they also expect earnings...
-
Outlook Lowered For Truckload And Intermodal Companies Heading Into Earnings Season
Tuesday, June 18, 2019 - 2:26pm | 901Read More...As the second quarter 2019 earnings season approaches, the negative data and commentary centered on the lack of a seasonal increase in demand is forcing analysts to meaningfully lower earnings estimates and their outlook for the sector. In a note out to clients on June 18, UBS analyst Tom Wadewitz...
-
Volatility Still Elevated Despite Rally, Pointing To Possible Anxiety In Market
Tuesday, June 11, 2019 - 9:54am | 2134Read More...For a market nearing all-time highs, volatility remains curiously elevated. The message, in a slow news cycle like the one we’re currently in, could be that one tweet or statement has the chance to set things in a bad way quickly, especially considering how far the market has recently rallied...
-
Oshkosh Corporation Announces Gainful Second Quarter
Tuesday, April 30, 2019 - 11:48am | 1149Read More...Oshkosh Corporation (NYSE: OSK) reported its fiscal year 2019 second quarter earnings on April 30, highlighting an increased diluted earnings per share of $1.82, compared to the $1.47 reported in the same quarter in 2018, and a net income of $128.5 million compared to $110.8 million, in 2018....
-
Brexit Concerns, Walgreens Earnings, Rising Bonds All Could Be Possible Rally Barriers
Tuesday, April 2, 2019 - 9:41am | 2128Read More...How can Wall Street follow up its best day in nearly two months? That’s the question Tuesday after the S&P 500 (SPX) touched a nearly six-month high Monday amid growing enthusiasm about both the U.S. and Chinese economies. If anything stands in the way of continued gains, it might be...















