EarningsGuidance Archives - FINANCIAL BUZZ

Paramount Shares Sink after CEO Lowers Fourth-Quarter Ad Revenue Forecast

Entertainment, Investing News, Life Style, Market News, Technology, The Market Buzz, Your Environment

Shares of Paramount Global (NASDAQ: PARA) plummeted approximately 8% Tuesday after CEO Robert Bakish reduced expectations for the company’s advertising sales throughout the fourth quarter. The move has impacted the company’s business to a degree. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”PARA” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”PARA” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; height: 300px;”] …

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Gap Tops Third-Quarter Expectations

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Gap (NYSE: GAP) reported positive third-quarter earnings on Thursday but presented a cautious forecast for the holiday season. The company’s shares rose about 8% during extended trading amid the news. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”GPS” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”GPS” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; height: 300px;”] The American clothing and accessories …

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Boeing Reports Quarterly Loss Following Earnings Results

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Boeing (NYSE: BA) reported a quarterly loss Wednesday amid disappointing third-quarter earnings. The move comes amid issues in its defense unit that affected progress in its commercial aircraft business. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”BA” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”BA” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; height: 300px;”] The multinational corporation reported an earnings …

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General Motors Reports Third-Quarter Earnings Beat

Automotive, Investing News, Life Style, Market News, Technology, The Market Buzz, Your Environment

General Motors (NYSE: GM) reported mixed third-quarter earnings Tuesday and confirmed that its full-year results are expected to come in near the “mid-point” of its previously disclosed forecast. The automaker’s shares rose approximately 2.5% in early trading following the announcement. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”GM” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”GM” range=”1mo” interval=”1d” axes=”true” cursor=”true” …

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Disney Subscriber Growth Outperforms Estimates

Investing News, Market News, Technology, The Market Buzz

Disney (NYSE: DIS) lowered its 2024 forecast for Disney+ to 215 million to 245 million subscribers, despite reporting strong third-quarter earnings on Wednesday. The company had previously expected to end fiscal 2024 with 260 million subscribers. Nevertheless, Disney is certain that Disney+ will be profitable by the end of 2024. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”DIS” …

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Bath & Body Works Shares Dip on Lowered Sales Guidance

Investing News, Market News, Retail, The Market Buzz

Bath & Body Works (NYSE: BBWI) shares tumbled Wednesday morning after the company lowered its sales and earnings outlook amid more difficult macroeconomic conditions. The retailer’s stock fell almost 8% at USD27.70 during morning trading. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”BBWI” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”BBWI” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; height: 300px;”] …

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Upstart Cuts Full-Year Revenue Forecast Amid Uncertain Economy

AI, Investing News, Life Style, Market News, Technology, The Market Buzz, Your Environment

Upstart (NASDAQ: UPST), an AI lending platform, experienced a dip in shares after announcing that it would be cutting its full-year revenue outlook amid rising interest rates and the volatile economy. The stock plummeted 59.9% during morning trading on Tuesday and was halted for a short time after the U.S. market opened. [stock_market_widget type=”inline-label” template=”basic9″ …

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Amazon Stock Soars Following Earnings Release

Investing News, Market News, Retail, The Market Buzz

Amazon’s (NASDAQ: AMZN) revenue rose 9% during its fourth quarter and the company reported a boost of about USD12 Billion from its investment in electric vehicle company Rivian. The company’s shares climbed 14% during extended trading. If the stock continues to rise on Friday, it would result in the biggest one-day gain since 2012. [stock_market_widget …

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General Motors Posts Record Q4 Earnings

Automotive, Investing News, Market News, Technology, The Market Buzz

General Motors (NYSE: GM) reported record earnings for 2021, despite the devastating computer chip shortage that impacted the industry. It now expects to produce an operating profit this year between USD13 Billion and USD15 Billion as the semiconductor shortage begins to improve. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”GM” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”GM” range=”1mo” interval=”1d” …

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Netflix Shares Tumble 20% Despite Strong Earnings

Investing News, Market News, Technology, The Market Buzz

Netflix (NASDAQ: NFLX) announced positive fourth-quarter earnings after the closing bell Thursday. Despite better-than-expected results, shares tumbled over 20% during after-hours trading, following the decrease in subscriber growth. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”NFLX” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”NFLX” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” style=”width: 100%; height: 300px;”] The American subscription service and production company …

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