Thursday, May 16, 2024

Fiscal

Microsoft Fiscal Q3 2023 Report Beats Estimates, MSFT Stock Up 7% in Pre-market

In its fiscal Q3 2023 report, Microsoft CFO Amy Hood stressed that the company would continue to prioritize AI-related endeavors.  Yesterday, Microsoft Corp (NASDAQ: MSFT) posted its fiscal Q3 2023 earnings report, which beat expectations on the top and...

Philips Shares Pop 12% as Company Reports Q1 2023 Results and Expresses Confidence in Fiscal Year

With Q1 over, the CEO is confident that Philips will deliver on its plan for 2023. Shares of multinational conglomerate corporation Philips (NYSE: PHG) popped 12.72% at the pre-market trading on Monday as the company released its Q1 2023...

Procter & Gamble Sees Fiscal Q3 2023 Results Beat Earnings & Revenue Expectations Despite Lower Sales Volumes

According to the CEO of the consumer goods mainstay, Procter & Gamble retains the right strategies to deliver balanced growth. On Friday, April 21, Procter & Gamble (NYSE: PG) reported its fiscal Q3 2023 earnings, which showed the company beat estimates. The...

Nike Exceeds Fiscal Q3 2023 Forecasts Despite Excess Inventory, NKE Stock Down 2% After Hours

According to Nike, inventories climbed 16% in the fiscal Q3 2023 compared to the same period in 2022. Although Nike Inc (NYSE: NKE) is still dealing with its bloated investor, which has continued to affect its China sales, the...

Adobe Reports Record Revenue in Q1 Fiscal 2023, ADBE Shares Up 5%

Adobe reported revenue of $4.66 billion, up 9 percent YoY, against an estimated $4.62 billion by Wall Street. Adobe Inc (NASDAQ: ADBE), an American multinational computer software company, reported its financial results for the first quarter of fiscal...

Salesforce Sees Best Single-Day Surge since August 2020 after Releasing Fiscal Q4 2023 Report

An impressive financial performance for Q4 and fiscal year 2023 pacifies investors’ concerns about the past revenue and income reports at Salesforce. American software company Salesforce (NYSE: CRM) recorded its best single-day surge since 2020 after it released...

Zoom Overthrows Expectations in Q4 2023, Expects Slow Growth in Fiscal Year

Looking forward to the new fiscal year, Zoom expects growth to continue to slow down following Q4 performance. Software company Zoom Video Communications (NASDAQ: ZM) outperformed expectations in its fiscal Q4 results, pushing its shares higher. The company’s...

Alibaba Defeats Earnings Expectations in Fiscal Q3 2023, Company Expects Boost in Consumer Spending

Alibaba saw a decline in the value of transactions on the online shopping platforms during the fiscal Q3. Chinese e-commerce company Alibaba Group (NYSE: BABA) crushed expectations in its fiscal Q3, which ended on December 31. The company recorded...

Shared Micro-Mobility Giant Lime Records Profitability in 2022 Fiscal Year

Lime entered 2022 with a very robust capital base, helping it survive the liquidity crunch that many firms on Wall Street had to face. American micro-mobility and electric scooter company Lime has announced a full year of profitability...

Home Depot Falls Short of Expectations on Fiscal Q4 2022 Revenue

The recent plunge caused by the fiscal Q4 2022 financial performance has caused Home Depot to lose almost 2% in its stock price in the last five days.  Multinational home improvement retail corporation Home Depot (NYSE: HD)has released its fiscal...
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Are Developers Prioritizing Short-term Fixes?

Ethereum is a legacy network, but it has been rapidly evolving. It has adapted to environmental needs, for...
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