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Financial Market News
You are at:Home»Posts Tagged "club earnings" (Page 5)

We’re upping our price target on Costco after another steady quarter

By FinMar NewsSeptember 27, 2024

Costco on Thursday reported ho-hum quarterly results, with a small topline miss being more than offset by strong profitability to deliver an earnings beat. The report…

We ranked Q2 earnings from 30 portfolio stocks from great to ugly

By FinMar NewsSeptember 15, 2024

It was a solid quarter for the companies in our stock portfolio, with the bulk of our names reporting what we felt were good-to-great earnings reports.…

Why Broadcom is tumbling after an earnings beat — and how to play dip

By FinMar NewsSeptember 7, 2024

Broadcom reported an earnings beat Thursday, driven by strong sales of its AI products and VMware software. But management’s guidance for the current quarter disappointed investors,…

Amazon’s cloud unit may need to pass the profit growth baton to e-commerce

By FinMar NewsAugust 21, 2024

Amazon needs to make more money from its retail business at a time when the bar is already high and short-attention-span consumers are looking for bigger…

Honeywell drops on cuts to guidance. Here’s why it may provide an

By FinMar NewsJuly 25, 2024

Shares of Honeywell slid Thursday as strong second-quarter results are being overshadowed by a mixed update to management’s outlook for the remainder of the year. But…

Why Abbott Labs stock is getting dinged after a strong earnings beat

By FinMar NewsJuly 19, 2024

Abbott Labs delivered a second-quarter earnings beat on Thursday, but the company’s ongoing litigation over its baby formula — plus softer guidance for the current quarter…

Constellation delivers on beer, but wine weakness prompts downgrade

By FinMar NewsJuly 3, 2024

Constellation Brands reported an earnings beat on Wednesday that was driven by strength in its beer business. However, shares fell 4% after an initial move up,…

Blistering AI demand drives a beat and raise

By FinMar NewsJune 19, 2024

Broadcom shares surged more than 14% in extended trading Wednesday after the chip and software maker delivered better-than-expected quarterly results, driven by strong artificial intelligence and…

Best Buy surges on signs the AI-driven PC and smartphone refresh is

By FinMar NewsJune 11, 2024

Shares of Best Buy were popping Thursday as management made their case that an artificial intelligence upgrade cycle for personal computers and devices was starting to…

Costco (COST) shares dip despite earnings beat. We see no cause for concern

By FinMar NewsJune 1, 2024

Costco Wholesale ‘s third-quarter earnings topped Wall Street expectations on Thursday, driven by higher sales and lower-than-expected operating expenses. Even with a recent C-Suite transition, Costco…

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