Friday, 26 February 2021

DraftKings shares rise after reporting a beat on revenue, more growth in paying customers

DraftKings said it has 1.5 million monthly unique payers as of its fourth quarter.

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Airbnb reports $3.89 billion loss in first quarterly report since IPO but beats revenue expectations

Airbnb attributed much of the loss to charges related to the company's initial public offering in December.

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Thursday, 25 February 2021

Etsy stock surges on earnings beat and strong guidance

The e-commerce company crushed Wall Street's estimates for the fourth quarter and provided upbeat guidance for the current quarter.

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Beyond Meat posts wider loss, but shares rise after company strikes deal with McDonald's, Yum

Beyond Meat has struck deals with fast-food giants McDonald's and Yum Brands.

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Doordash stock falls after company drops first earnings report since going public

DoorDash started trading on the New York Stock Exchange in December.

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Virgin Galactic shares fall as quarterly results reveal next spaceflight test delayed to May

Virgin Galactic delivered fourth quarter results after the market closed on Thursday, with the company disclosing its next spaceflight test is delayed to May.

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Salesforce revenue up 20% from last year, forecast calls for similar growth rate

The impact of Slack could be cutting in to Salesforce's earnings for the full fiscal year.

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HP shares close up almost 1%, after early earnings release

HP company beat estimates on the top and bottom lines, and on its fiscal-year guidance.

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Domino's Pizza earnings miss as U.S. same-store sales growth slows, pizza chain's shares fall

Domino's Pizza on Thursday reported quarterly earnings missed estimates as pandemic costs weighed on earnings and U.S. same-store sales growth slowed.

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Moderna expects $18.4 billion in 2021 sales from Covid vaccine, chief medical officer to depart

Moderna also said its chief medical officer, Tal Zaks, will leave the company in late September.

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Best Buy earnings beat expectations, but shares fall as sales growth slows

Best Buy is among the retailers that saw sales rise rather than fall as consumers spent more time at home.

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Papa John's earnings miss, weighed down by higher costs, but chain sees strong pizza demand

Papa John's earnings missed estimates as higher food costs and employee bonuses weighed on profits, even as demand for its pizza remains high.

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Wednesday, 24 February 2021

Nvidia beats as revenue grows 61% from a year ago

Nvidia stock has had a lot of momentum in recent months, with the stock rising over 106% in the past year.

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Lowe's earnings top estimates as same-store sales jump 28%, warns some DIY trends could fade

Lowe's said Wednesday that its fourth-quarter same-store sales climbed 28.1%, as consumers continued to spend money on home projects during the pandemic.

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Thursday, 18 February 2021

Walmart is set to report its earnings before the bell. Here's what to expect

The big-box retailer has benefitted from pandemic trends, such as home cooking, and likely got a boost from stimulus checks.

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Wednesday, 17 February 2021

Twilio delivers surprise adjusted profit as revenue growth accelerates, stock up 12%

The company's revenue growth accelerated as it increased the number of active customer accounts.

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Tuesday, 16 February 2021

Palantir shares fall after fourth-quarter loss, but revenue beat expectations

The tight-lipped data analytics company debuted through a direct listing on the New York Stock Exchange in September.

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CVS Health earnings top estimates as pharmacy sales get a lift from Covid testing, vaccines

CVS Health's fourth-quarter earnings beat Wall Street's expectations as its pharmacy sales got a lift from providing Covid-19 testing and vaccines.

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Friday, 12 February 2021

Disney said Covid-related costs shaved $2.6 billion from parks’ operating income in latest quarter

Disney said the coronavirus outbreak cost this division around $2.6 billion in lost operating income during the fiscal first-quarter.

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Disney smashes streaming subscriber expectations, boosting segments hurt by Covid

Disney said it now has almost 95 million paid subscribers to its Disney+ streaming service, helping to offset losses in other segments affected by the pandemic.

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Thursday, 11 February 2021

Pepsi revenue up 8.8% fueling earnings beat, sees 2021 results meeting long-term targets

PepsiCo said that it expects its 2021 results to meet long-term financial targets.

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Wednesday, 10 February 2021

Under Armour shares rise as retailer reports surprise profit for holiday quarter

Under Armour on Wednesday reported a surprise profit for the holiday quarter as sales were boosted by strong digital growth.

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General Motors is set to report earnings before the bell. Here's what Wall Street expects

The automaker reported pretax adjusted earnings of $5.3 billion for the third quarter, while advising the fourth quarter would be weaker due to seasonality.

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Here's what to expect from Coca-Cola earnings

Shares of Coke have fallen 16% over the last year, dragging its market value down to $213.58 billion.

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Tuesday, 9 February 2021

Twitter beats on earnings and revenue, but warns expenses will grow more than 25% this year

Twitter's stock fell in after-hours trading on Tuesday after the company reported its fourth-quarter earnings, as it failed to meet user growth expectations.

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Lyft reports signs of pandemic recovery, but losses still mount

Lyft reported fourth-quarter losses of $458.2 million for the fourth quarter of 2020.

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Cisco earnings show Infrastructure Platforms, its biggest business, is still struggling

Cisco sees revenue growth returning in the next quarter.

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Thursday, 4 February 2021

Ford ups investment in electric and autonomous vehicles to $29 billion through 2025

Ford CFO John Lawler said the company is forecasting it will earn between $8 billion and $9 billion in adjusted pre-tax profits this year.

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Peloton quarterly sales top $1 billion, but shares fall as cycle maker makes further supply chain investments

Peloton reported quarterly sales growth of 128%, marking its first billion-dollar quarter, as the momentum keeps climbing for the fitness equipment maker.

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Snap beats expectations but stock falls on light Q1 forecast

Snap's stock fell in after-hours trading on Thursday after the company reported its fourth-quarter earnings despite beating Wall Street's expectations.

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Pinterest reports strong revenue growth thanks to holidays, pandemic lockdowns

Pinterest reported fourth quarter 2020 results on Thursday.

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Unity stock falls after gaming software company forecasts slowing revenue growth

Unity shares have almost tripled since the company went public in September, but investors were disappointed about the revenue forecast.

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Kohl's sees holiday-quarter revenue down 10%, but says sales strengthened toward end of quarter

Chief Executive Michelle Gass said digital sales represented more than 40% of net sales during the period, growing more than 20% year over year.

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Taco Bell owner Yum Brands earnings top estimates, despite blow of international Covid restrictions



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Quest says high demand for Covid testing drove record revenues, increases dividend

"Continued high demand for COVID-19 testing drove our performance through the second half of the year," CEO Steve Rusckowski said.

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Coach owner Tapestry shares rise on holiday-quarter earnings, sales beat

Coach owner Tapestry holiday-quarter earnings and sales that topped analysts' estimates, helped by a surge in demand for its handbags in China and online.

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Qualcomm falls short on revenue in first earnings report since CEO change announced

Wednesday's report is the first from the chipmaker since it announced last month that CEO Steve Mollenkopf will retire later this year.

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Tuesday, 2 February 2021

Amazon is on deck to report Q4 earnings

Amazon continues to benefit from robust e-commerce activity, driven by stuck-at-home consumers who've turned to online retailers amid the pandemic.

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Alphabet set to release Q4 2020 earnings after the bell

Wall Street expects strong growth in advertising, first-time public details on Cloud segment.

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Here's what to expect from Chipotle earnings

Shares of Chipotle have risen 77% over the last year, giving the company a market value of $43 billion.

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Exxon Mobil reports a $20 billion loss, fourth-straight quarter in the red

Exxon chief Darren Woods said it's the "most challenging market conditions" the company has ever faced.

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Pfizer expects about $15 billion in 2021 sales from Covid vaccine



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UPS shares jump on strong fourth quarter earnings as Covid continues to drive online shopping



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