Thursday, March 28, 2024

Fiscal

Lululemon Athletica Announces Better than Expected Q2 Fiscal 2023 Results, LULU Shares Up Over 1.5%

Lululemon Athletica announced a revenue of about $2.2 billion, up approximately 18 percent compared to the same time last year. Canadian multinational athletic apparel retailer Lululemon Athletica Inc (NASDAQ: LULU) released its Q2 2023 financial results and the full-year...

Salesforce Reports Better than Expected Fiscal Q2 2024 Results, CRM Shares Pop Over 5%

Despite reporting stronger guidance than expected by analysts, Salesforce highlighted that market uncertainty continues to pressure its future growth prospects. Salesforce Inc (NYSE: CRM), a leading American cloud-based software company, announced several announcements on Wednesday, including fiscal Q2 2024...

Nvidia Reports Better than Expected Fiscal Q2 2024 Financial Results and Blowout Forecast, NVDA Shares Up Over 6.5%

Driven by the high demand for AI products, Nvidia reported a significant increase in revenue and expects exponential growth ahead. Nvidia Corp (NASDAQ: NVDA) shares closed Wednesday trading at $471.16, up 3.17 percent from the day’s opening price. The...

Peloton (PTON) Shares Fall 27% Following Sales Loss and Low Subscriber Growth for Fiscal Q4 2023

Peloton sales and subscriber growth fell in Q4 2023 as expected, due to a traditional Q4 slowdown and a recall that affected 2 million bikes. American exercise equipment company Peloton Interactive (NASDAQ: PTON) saw its shares plunge nearly 30% in premarket...

Zoom Reports Better than Expected Results for Fiscal Q2 2024, ZM Shares Up Nearly 4%

Zoom announced that its Q2 revenue came in at about $1.138 billion, up 3.6 percent YoY. Zoom Video Communications Inc (NASDAQ: ZM) shares closed Monday trading at $67.27, up 1.48 percent from the day’s opening price. The ZM shares...

Alibaba Records Impressive Fiscal Q1 2024 Revenue Growth of 14%

The company’s expansion into new business verticals has played a significant role in bolstering its fiscal Q1 2024 results. Chinese e-commerce giant, Alibaba Group Holding Ltd (HKG: 9988) has announced remarkable revenue and financial results for its fiscal Q1...

Sony Reports 33% Revenue Growth amidst Challenges in Fiscal Q1 2023

Sony’s movie business faced a decline in operating profit, falling to 15.97 billion yen from the previous year’s 50.655 billion yen. Sony Group Corp., a prominent player in the entertainment and electronics industry, unveiled its Q1 2023 financial report...

Apple Fiscal Q3 2023 Beats Sales Expectations Despite Reduced iPhone and Mac Revenue

For its fiscal Q3 2023, Apple reported reduced revenue from iPhone, Mac, and iPad sales, while revenue from Other Products rose 2%. Cupertino-based tech giant Apple Inc (NASDAQ: AAPL) has released results for its fiscal Q3 2023, beating sales and earnings...

Qualcomm Announces Mixed Fiscal Q3 2023 Results, QCOM Shares Drop Nearly 7%

Qualcomm earnings beat analysts’ expectations but revenue and guidance for the fourth quarter fell short of their forecast. Qualcomm Inc (NASDAQ: QCOM) shares closed Wednesday trading at $129.27, down 2.13 percent from the day’s opening price. The losses in...

Fitch Downgrades US Credit Rating to AA+ Citing Fiscal Deterioration and Governance Erosion

Before releasing the latest ratings, Fitch had initially warned about a possible downgrade during US debt ceiling negotiations a few months ago. Fitch Ratings, one of the major credit rating agencies, downgraded the United States’ long-term foreign currency issuer...
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Cardano Value Drops as Whales Trim Holdings, Eyeing Reflective Recovery – West Island Blog

Cardano Value Drops as Whales Trim Holdings, Eyeing Reflective Recovery  West Island Blog Source link
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