Trading Ideas

Twitter reported Q3 earnings on Thursday, surpassing analyst expectations, but coming in under in user growth. The Final Round breaks down the numbers. …read more […]

~Company reports a 49% Q3 year-over-year increase in net revenue for 2020 third quarter revenue~TORONTO, Oct. 29, 2020 /CNW/ – Namaste Technologies Inc. …read more […]

Apple reported fiscal fourth-quarter earnings after market close on Thursday that topped expectations, with sales from the company’s services offerings and Mac computers hitting quarterly records. …read more […]

Google parent Alphabet reported Q3 earnings that topped the Street’s expectations. The tech company posted $16.40 EPS and $38.01B in revenue, outperforming consensus estimates of $11.42 EPS and $35.35B in revenue. The company’s quarterly results come after the Justice Department’s long-awaited antitrust lawsuit alleging that Google engages in anticompetitive behavior to maintain its dominance of the search and search advertising industries. The Final Round panel will break down the details.

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Facebook’s third quarter earnings report beat investor expectations on top and bottom lines after hours on Thursday. The platform saw 12% growth in both daily and monthly active users across its platforms year over year, as consumers around the world spent more time online due to the coronavirus pandemic. Looking ahead, the company forecasted a ‘significant amount of uncertainty for 2021.’ Yahoo Finance’s Myles Udland breaks down the company’s earnings report on The Final Round. …read more […]

Amazon Inc released its third quarter earnings report after hours on Thursday, which blew investor expectations out of the park, with strong beats on earnings per share and revenue. The company saw its net sales increase 37% year over year to $96.1 billion and its operating income increase 96% year over year to $6.2 billion. Yahoo Finance’s Jared Blikre breaks down the company’s earnings report on The Final Round. …read more […]

(Bloomberg) — Apple Inc. shares fell about 4% after the company reported iPhone sales that missed Wall Street estimates and a slump in revenue from China. The company gave no forecast for the key holiday quarter. However, Chief Executive Officer Tim Cook said the new iPhone 12 line has been well received. Sales of Macs and Services reached all-time highs in the quarter, leading the record fourth quarter.The Cupertino, California-based technology giant on Thursday said fiscal fourth-quarter sales came in at $64.7 billion, a record for the period. That beat analysts’ estimates of $63.5 billion, according to data compiled by …read more […]

Despite those delays, Apple has mostly beaten sales expectations this year and released a slew of new products and services that its customers have embraced while largely homebound during the pandemic. Apple said revenue and profits for the fiscal fourth quarter ended on Sept. 26 was $64.7 billion and 73 cents per share, compared with analyst estimates of $63.7 billion and 70 cents per share, according to IBES data from Refinitiv. Analysts anticipated consumers would hold off on iPhone purchases ahead of new iPhone 12 models. …read more […]

Despite those delays, Apple has mostly beaten sales expectations this year and released a slew of new products and services that its customers have embraced while largely homebound during the pandemic. Apple said revenue and profits for the fiscal fourth quarter ended on Sept. 26 was $64.7 billion and 73 cents per share, compared with analyst estimates of $63.7 billion and 70 cents per share, according to IBES data from Refinitiv. Analysts anticipated consumers would hold off on iPhone purchases ahead of new iPhone 12 models. …read more […]

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Facebook’s ad revenue rose 22% in the third quarter, as it beat analyst expectations of earnings growth. The company on Thursday reported net income of $7.8 billion in the three months ended September 30, a rise of 29% from the same period a year earlier. That translated into $2.71 per share, beating the estimate of […] …read more […]

The tech giant has entrenched itself as one of the biggest beneficiaries of the coronavirus pandemic. …read more […]

CEO Kevin Johnson says the U.S. and China are seeing a ‘faster-than-expected’ recovery. …read more […]

Shares of Twitter declined to $46.95 in after-market trading. The San Francisco-based social media company said it had 187 million monetizable daily active users (mDAU) during the third quarter, missing consensus analyst expectations of 195.2 million users, according to IBES data from Refinitiv. Costs and expenses grew 13% from the same period last year to $880 million, as the company said it spent more on infrastructure-related expenses. …read more […]

Activision Blizzard blew out analysts’ Q3 expectations on continued strength from its ‘Call of Duty’ franchise. …read more […]