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Amazon earnings are impacted by falling sales and high cost

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Earnings Results: Apple shares plunge after executives warn that there are billions of additional costs

Apple Inc. topped earnings expectations and set a new record for March-quarter revenue to start 2022, but executives expect to see steeper pressure and billions in additional costs from challenges in the current period, sending shares lower in after-hours trading. “Supply constraints caused by COVID-related disruptions and industry-wide silicon shortages are impacting our ability to meet customer demand…

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Disappointing earnings

Google’s earnings are disappointing, but the cloud is still strong

everythingpossible – Fotolia Google posts first-quarter 2022 revenue of $68bn, but growth is not as fast as last year By Cliff Saran, Managing Editor Published: 27 Apr 2022 13:42 Google parent Alphabet posted a $1.5bn drop in net income for the quarter to 31 March 2022. Revenue for the quarter grew by 23%, down 11%…

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Citigroup earnings

Citigroup tops earnings estimates on better-than-expected trading revenue

Jane Fraser, incoming CEO of Citigroup.CitigroupCitigroup topped expectations for first-quarter profit and revenue on better-than-expected trading results as Wall Street benefited from surging volatility tied to the Ukraine war.Shares rose 1% in premarket trading.Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Earnings per share:…

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earnings Macy's

Macy’s earnings top estimates, retailer says it won’t spin off e-commerce from stores

People wear facemasks as they walk through Herald Square on January 8, 2021 in New York City.Angela Weiss | AFP | Getty ImagesMacy’s on Tuesday reported fiscal fourth-quarter earnings and sales that outpaced analysts’ estimates and said that a strategic review has prompted the retailer to accelerate its turnaround plans.It is rejecting calls from activist…

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SJW (SJW), Misses Q4 Earnings & Revenue Estimates

SJW (SJW) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items. – Zacks This quarterly report represents an earnings surprise of -12.50%. A quarter ago, it was expected…

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MVB Financial (MVBF), Tops Q4 Earnings & Revenue Estimates

MVB Financial (MVBF) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items. – Zacks This quarterly report represents an earnings surprise of 208%. A quarter ago, it was…

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CPI Report, Earnings Russia/Ukraine

Please try another search Economy5 hours ago (Feb 06, 2022 07:00AM ET) By Daniel Shvartsman Investing.com – February started with a tug-of-war in markets, or with a game of follow-the-leader crossed with musical chairs. Outsized moves from tech giants Alphabet (NASDAQ:) (+7.3%), Facebook/Meta Platforms (NASDAQ:) (-26.4%), and Amazon (NASDAQ:) (+13.5%) dragged the market along with…

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Meta Earnings Fall Short Of Expectations And Stock Dives 23%

Earnings per share of Meta Platforms Inc (NASDAQ:FB) fell short of analysts’ estimates as the internet giant reported $3.67 vs. $3.84. The company’s guidance for the first quarter of 2022 sets a revenue of between $27 billion and $29 billion, far below the $30.15 billion expectations. KNFind / Pixabay – Valuewalk Q4 2021 hedge fund…

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earnings Microsoft

Microsoft uses Q2 2022 earnings to delve into metaverse

Company’s CEO sees a role for Microsoft that takes the metaverse beyond gaming and into the business sphere By Cliff Saran, Managing Editor Published: 27 Jan 2022 14:32 In Microsoft’s second-quarter 2022 earnings call, company CEO Satya Nadella discussed his vision for the metaverse. Overall, the company’s Q2 2022 filing shows strong growth in its…