Earnings

Super Micro Computer Inc., a prominent player in the server manufacturing industry, is currently experiencing a significant downturn. On Wednesday, the company’s shares fell by a staggering 22%, marking the lowest point since May of the previous year. This decline can be attributed to the company’s disappointing unaudited financial results and the alarming absence of
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On Thursday, Airbnb unveiled its third-quarter earnings, which painted a complex picture for investors and analysts alike. The company reported earnings of $2.13 per share, falling slightly short of expectations set at $2.14, according to LSEG. However, on the revenue front, Airbnb managed to exceed estimates with earnings of $3.73 billion, surpassing the anticipated $3.72
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Taiwan Semiconductor Manufacturing Company (TSMC) has recently revealed its impressive financial results for the fourth quarter, marking a period of substantial growth and achievement in the semiconductor sector. With a reported revenue of 868.5 billion New Taiwan dollars (approximately $26.3 billion), TSMC not only surpassed analyst expectations but also showcased a staggering year-on-year increase of
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The latest quarterly results from Constellation Brands have raised significant concerns among investors, prompting a reevaluation of the stock’s place in investment portfolios. This iconic producer of beer, wine, and spirits has been grappling with various market challenges, and the latest earnings report casts a shadow over its fiscal health. The results for the three
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In a notable fiscal first-quarter report released on Friday, Walgreens showcased a mixture of resilience and ongoing challenges as it navigates through a transformative period. For the three-month duration concluding on November 30, Walgreens exceeded analysts’ expectations with adjusted earnings per share (EPS) of 51 cents, significantly above the anticipated 37 cents. Revenue for this
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In the competitive landscape of digital advertising and online gaming, few stories shine as brightly as that of AppLovin, a company experiencing meteoric growth. After posting significant earnings that exceeded market expectations, AppLovin’s stock surged a remarkable 45% in one day, elevating its market valuation to over $80 billion. With a staggering 515% increase this
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Lucid Group, the electric vehicle manufacturer seeking to carve a niche in the competitive EV market, recently released its third-quarter earnings, managing to slightly surpass Wall Street’s expectations. This achievement comes amid a backdrop characterized by aggressive cost-cutting initiatives and the anticipated launch of a new SUV model, the Gravity. While the reported adjusted loss
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Lucid Group continues to make headlines as it reports a record number of vehicle deliveries for the fourth quarter, solidifying its presence in the ever-evolving electric vehicle (EV) market. The company announced a remarkable production figure of 9,029 vehicles and deliveries amounting to 10,241 units for 2024. Notably, the fourth quarter alone accounted for 3,386
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Pinterest, the visually-driven social media platform, experienced a significant dip in its stock prices on Thursday, plummeting as much as 15%. This sharp decline came despite the company reporting positive third-quarter earnings that exceeded expectations. Investors were left concerned after Pinterest provided disappointing guidance for its upcoming fourth-quarter revenue. According to the data released by
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