TAG: revenue
Netflix Q1 2024 earnings: the battle for dominance
When will Netflix report its latest earnings? Netflix is scheduled to report its first quarter (Q1) 2024 earnings after the market closes on Tuesday, 18 April 2024. Subscriber surge shocks Wall Street During its Q4 2023 earnings report, Netflix surprised...
6 months ago
Hot retail sales keeps US dollar higher
APAC indices APAC indices were down for a second day, following the tracks of US equity markets, as rising tensions in the Middle East drove traders to seek out safety. The VIX hit its highest level since October last year. The US dollar The USD has been...
6 months ago
Beat the street: Bank of America; UnitedHealth; Johnson & Johnson; United Airlines
Plus, UnitedHealth Q1 profit beats estimates. Jeremy Naylor looks at IG’s bespoke sentiment data to see how clients are positioned. IGTV’s Angeline Ong previews United Airlines results. (AI Video Summary) Bank of America’s Q1 profit decline In today's...
6 months ago
UK CPI growth slows in March, but not as much as thought
The Federal Reserve Jerome Powell dashed all hopes of meaningful rate cuts this year. According to the Federal Reserve (Fed) Chairman on Monday, recent data show a lack of further progress on inflation, so it is appropriate to give the policy further time...
5 months ago
What impact may Q1 results have on the American Airlines share price?
What to expect for the American Airlines share price around Q1 earnings The Nasdaq listed air carrier operator for passengers and cargo, is set to report first quarter earnings for 2024 (Q1 2024) on the 25th of April 2024. Key takeaways American Ai...
5 months ago
Netflix earnings are expected tonight
S&P 500 and Nasdaq S&P 500 and NASDAQ fell for a fourth straight day on Wednesday. Overnight, Asia–Pacific (APAC) indices rose across the board. In Australia, the unemployment rate rose to 3.8% in March from 3.7% the previous month. The number of...
5 months ago
US earnings: Alphabet Inc. Q1 results preview and share price outlook
Key takeaways: Earnings Expectations: Alphabet Inc. will release its Q1 2024 earnings on April 25th, with analysts projecting revenues of $69.787 billion and earnings per share (EPS) of $1.89. Revenue Diversification and Challenges: Despite a flat perfo...
5 months ago
Are easyJet shares about to take off?
easyJet (LON: EZJ) shares were changing hands for less than 300p during parts of 2022, shot up to 575p at the start of February 2024, and have now corrected to 526p apiece. The airline was, of course, significantly affected by the pandemic — but could be...
5 months ago
Microsoft earnings preview: can the AI leader reignite excitement in tech sector?
Microsoft earnings date Microsoft Corporation (Nasdaq: MSFT) is scheduled to reveal earnings on April 25, 2024, after the market closes. The earnings report will cover the fiscal calendar quarter ending March 2024, which aligns with FY24 Q3 for Microsoft....
5 months ago
Tesla shares rise on strategy shift
The equity markets The equity rally continued overnight as Asia–Pacific (APAC) equity markets followed the US index lead. The Australian dollar The AUD was up for a third straight day, supported by the latest Australian inflation data. The trimmed mean co...
5 months ago
Meta Platforms’ earnings round-up: Share price plunged despite 1Q beat
Meta’s share price plunged post-results Meta’s share price plunged as much as 16% in post-market trading, following the release of its 1Q 2024 results. If this is followed through in the US session, this will be the largest percentage drop for the company...
5 months ago
Can the FTSE 100 remain above 8,000 points?
BHP Group London-listed miner Anglo American has received an all-share buyout proposal from BHP Group. It would create the world's biggest copper miner, churning out around 10% of global output. The deal would give BHP access to more copper, one of the mo...
5 months ago
Meta down 17%... are investors tiring of AI?
Earnings per share came in at $4.71, comfortably above estimates of $4.32 and revenues up 27% year-on-year, at $36.46bln, above the forecasts of $36.16bln. That was the fastest rate of revenue expansion for any quarter since 2021. However, shares have qui...
5 months ago
Microsoft’s earnings round-up: Results beat and cloud growth offered Nasdaq a lifeline
Alphabet and Microsoft’s share price surged post-results Following the initial jitters around Meta’s results, after-market earnings from Alphabet and Microsoft offered Wall Street a lifeline, with US equity futures pointing to a recovery in risk sentiment...
5 months ago