Market Analysis
Earnings Review: Legend Bio Beats Expectations, Novartis Deal Ups Revenue
Legend Biotech Corporation reported an EPS of $(0.17) against an expected $(0.26).
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Market Analysis
Earnings Review: Enlight Renewable Energy Beats EPS Expectations in Q3
ENLT reported revenue of $52.32 million. The reported EPS of $0.13 exceeded the expected $0.09.
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Chinese Stocks Drop as Alibaba Rethinks Cloud Strategy Amid US Chip Limits
Alibaba and other Chinese stocks fell notably on Friday after the e-commerce giant revoked its decision to spin-off its cloud unit due to chip curbs.
Market Analysis
Earnings Review: BJ’s Wholesale’s Stock Dips After Outlook Cut, Drop in Sales
Despite beating expectations, BJ's Wholesale Club Holdings reported a dip in same-store sales for fiscal Q3 and cut its outlook for the current quarter.
Market Analysis
Earnings Review: Spectrum Brands Exceed Expectations in Fiscal Q4
Spectrum Brands reported an EPS of $1.36 in the fiscal Q4, higher than the expected $0.33.
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BABA Falls Premarket After Ma’s Trust Announces Selling 10M Shares
Alibaba's US-listed shares fell over 7.9% in the premarket on the reports that Jack Ma is planning to sell 10 million BABA shares.
Market Analysis
Earnings Review: Walmart Beats Expectations, Guidance Misses Slightly
Walmart reported an EPS of $1.53, in-line with expectations. It also raised its guidance but lower than expected.
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Cisco Shares Fall in Premarket After Soft Guidance for Full Fiscal Year
Cisco reported quarterly EPS and revenue that beat estimates, but its shares fell 11% due to gloomy Q2 and full-year guidance.
Market Analysis
Earnings Review: Siemens AG Reports Record Profit, Keeps Outlook Cautious
Siemens reported record profit in its fourth fiscal quarter and blew past expectations with an EPS of €2.33.
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A Quick Look at Berkshire Hathaway’s Recent Moves
Berkshire Hathaway made significant portfolio adjustments in Q3, converting billions of dollars worth of stocks into cash.
Market Analysis
Earnings Review: TJX Beats Expectations in Q3, Raises Forecast
TJX reported an EPS of $1.03 and revenue of $13.3 billion for the third quarter.
Market Analysis
Earnings Review: Target Reports a $2.1 EPS Against $1.47 Expected in Q3
Target's Q3 report exceeded expectations for both EPS at $2.1 and revenue at $25.4 billion.
Market Analysis
Earnings Review: XPeng Reports Mixed Q3 Earnings, Narrows Losses
Xpeng Inc. reported its Q3 earnings, reporting significant cash reserves, narrower losses, and a upbeat forecast for the fourth quarter.