Video messaging media company Snap Inc. (NYSE: SNAP) stock was punished with a (27%) haircut after releasing its Q 2023 earnings report. While the social media company hit an all-time high daily active user (DAU) base of 383 million global users, shares continued to fall (90%)
We are in the last leg of the first-quarter 2023 earnings season. This week is the last big week with 2044 companies slated to report their financial numbers. The results have so far turned out better-than-expected on the back of the threat of a recession later this year
The following companies are expected to report earnings prior to market open on 05/09/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Duke Energy Corporation (DUK)is reporting for the quarter ending March 31, 2023. The electric power utilities com
Crude oil prices appear to be reversing last week’s losses, but prices are down significantly from the year-earlier level. There are multiple factors at play in the commodity’s price action, including supply-demand fundamentals to OPEC action, the Ukraine war, the exchang
The following companies are expected to report earnings after hours on 05/08/2023. Visit our Earnings Calendar for a full list of expected earnings releases.PayPal Holdings, Inc. (PYPL)is reporting for the quarter ending March 31, 2023. The internet software company's consensus
The Zacks Business Services sector is expected to have performed well in the first quarter of 2023, driven by a strong demand environment and improving supply chains. However, inflationary pressure and labor market constraints remained headwinds.
I have said many times here that traders and investors should do their best not to let their political views influence their investing decisions, but I don’t apologize for repeating it. It is one of the biggest and most frequent mistakes I see being made.
Last week’s data showed the U.S. economy remains more buoyant than expected but also that inflation continues to be a thorn in the side for the Fed and for consumers.
Shares of casual dining chain Texas Roadhouse Inc. (NASDAQ: TXRH) were holding steady above their 50-day average on May 5, even as the company missed first-quarter views, as Texas Roadhouse earnings data show.
Despite the miss, several analysts boosted their price targets on th
The following companies are expected to report earnings prior to market open on 05/08/2023. Visit our Earnings Calendar for a full list of expected earnings releases.KKR & Co. Inc. (KKR)is reporting for the quarter ending March 31, 2023. The finance/investment management com
The following companies are expected to report earnings after hours on 05/05/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Credicorp Ltd. (BAP)is reporting for the quarter ending March 31, 2023. The bank (foreign) company's consensus earnings pe
The global automotive industry has been one of the slowest cyclical groups to recover from the pandemic. When restaurants and retailers got back on their feet, automakers continued to struggle with parts shortages and lingering supply chain issues.
As the industry plays catch u
Typically after a company releases earnings, investors react by weighing two pieces of important information. Firstly, the actual earnings results and other critical financial metrics about the underlying business can be a placeholder to digest what occurred through the period.
The following companies are expected to report earnings prior to market open on 05/05/2023. Visit our Earnings Calendar for a full list of expected earnings releases.Enbridge Inc (ENB)is reporting for the quarter ending March 31, 2023. The oil (production/pipeline) company's con