Sales figures

AMD stock falls as revenue forecast falls below street consensus

Shares of Advanced Micro Devices Inc. In the extended session on Tuesday after the chipmaker’s revenue forecast fell below the Wall Street consensus after posting record sales, beating street expectations and reporting a spike in data center sales. ‚ÄúTaking a step back, while there has been a bit more slickness in the PC market in …

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AMD stock falls as revenue forecast falls below street consensus

Shares of Advanced Micro Devices Inc. In the extended session on Tuesday after the chipmaker’s revenue forecast fell below the Wall Street consensus after posting record sales, beating street expectations and reporting a spike in data center sales. AMD AMD, + 2.59% It reported second-quarter net income of $447 million, or 27 cents a share, …

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Pinterest stock jumps more than 20% despite profit loss, as Elliott confirms stake and users remain

Pinterest Inc missed forecasts on earnings and directed lower revenue than analysts had expected in the current quarter, but shares continued to rally in after-hours trading as users paused in a quarter that prompted a sudden turnaround and attracted an active investor. pinterest pins, + 2.62% On Monday, it reported a second-quarter loss of $43.1 …

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Apple raised $5.5 billion in debt after upbeat earnings, iPhone sales offset fears of consumer downturn

Apple Inc. introduced , optimistic new quarterly results tied to strong iPhone sales, a four-part bond deal on Monday to raise new debt. The new deal from Apple AAPL, -0.62% The tech giant has raised $5.5 billion by issuing four series of bonds rated AAA from Moody’s Investors Service and AA+ from S&P Global, according …

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Opinion: Big Tech shows it’s good to be big, slowing growth leads to stock gains while smaller competitors find only pain

After charging double digit growth during the pandemic, results from the five biggest tech giants in the US this week showed a slowdown as they grapple with inflation, a looming recession and an overall slowing economy, but they were largely rewarded by Wall Street because they are the size It shows their strength. Over the …

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Amazon stock jumps 12% as sales win and AWS growth beats second consecutive quarterly loss

Amazon.com decided to cut expenses after years of pumping money into growth, and the result was its second consecutive quarterly loss, but outperforming sales and continued strong growth from Amazon Web Services helped propel the stock higher in after-hours trading Thursday. Amazon AMZN, + 1.08% The company reported a loss of $2 billion, or 20 …

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Microsoft earnings: expectations are what matters, so be patient

The most important financial news to be presented by Microsoft Corp executives on Tuesday requires a bit of waiting. Microsoft MSFT, -0.59% Financial results for the fourth quarter of the fiscal year are due after the bell, to conclude another record year for earnings and revenue, with annual earnings expected to increase approximately 20%, and …

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Amazon Earnings Preview: Recession Fears May Lead to Cuts to Amazon’s Cloud Computing Services

With recession fears looming, Amazon.com’s cloud services business could come under pressure, Mizuho Securities analysts warned in a note heading into the tech giant’s second-quarter earnings announcement scheduled for Thursday. Mizuho analysts recently took a call with IT service companies and found that CIOs expect a “shallow stagnation scenario” and will reduce their spending by …

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