Netflix NFLX remains in the doghouse after coming out with quarterly numbers that have put a question mark over its business model and the outlook for the entire streaming space.The rude shock from the streaming giant has put the spotlight on other Tech leaders that are o
All three Wall Street benchmarks were more than 2% lower on Friday, stumbling towards the end of a week which has seen whipsaw moves caused by surprise earnings news and increased certainty around aggressive near-term interest rate rises.
Atlassian TEAM is likely to beat expectations when it reports third-quarter fiscal 2022 results after market close on Apr 28. In the last reported quarter, the company delivered an earnings surprise of 31.6%.
U.S. stocks tumbled on Friday after some weak earnings reports, with growth shares coming under pressure in a torrid week that saw bond yields surge on expectations of interest rate hikes.
What happened
As of 11:19 a.m. ET on Friday, shares of Meta Platforms (NASDAQ: FB) are trading down 11.6% week to date, according to data provided by S&P Global Market Intelligence.
Seagate Technology Holdings plc STX is scheduled to report third-quarter fiscal 2022 earnings on Apr 27.The company projects fiscal third-quarter non-GAAP earnings of $2.00 (+/-20 cents) per share. The Zacks Consensus Estimate for earnings per share has been steady at $1.
Snap SNAP reported a loss of 22 cents per share in first-quarter 2022, wider than the Zacks Consensus Estimate of a loss of 17 cents per share. The company had reported a loss of 19 cents per share in the year-ago quarter.Revenues increased 38% from the year-ago quarter’s
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P U.S. Growth ETF (Symbol: IUSG) where we have detected an approximate $153.0 million dollar outflow -- that's a 1.3% decrease we
Microsoft MSFT is set to report third-quarter fiscal 2022 results on Apr 26.The Zacks Consensus Estimate for revenues is pegged at $48.96 billion, implying growth of 17.40% from the figure reported in the year-ago quarter.The consensus mark for earnings has stayed at $2.1
Amphenol APH is set to report first-quarter 2022 results on Apr 27.Amphenol expects first-quarter 2022 earnings between 59 cents and 61 cents per share, indicating 13% to 17% year-over-year growth. Revenues are anticipated to be $2.690-$2.750 billion, indicating 13-16% ye
SAP SE SAP delivered first-quarter 2022 non-IFRS earnings of €1.00 per share ($1.12), down 28% from the year-ago quarter’s levels. The downside can be attributed to tougher year-over-year comparisons pertaining to contribution from Sapphire Ventures.
U.S. stocks tumbled on Friday after some weak earnings reports, with growth stocks coming under pressure in a torrid week that saw bond yields surge on expectations of interest rate hikes.
Alphabet GOOGL is scheduled to report first-quarter 2022 results on Apr 26.For the quarter under review, the Zacks Consensus Estimate for revenues is pegged at $55.94 billion, indicating an improvement of 22.7% from the year-ago reported number.The consensus mark for earn
At Holdings Channel, we have reviewed the latest batch of the 71 most recent 13F filings for the 03/31/2022 reporting period, and noticed that Apple Inc (Symbol: AAPL) was held by 61 of these funds. When hedge fund managers appear to be thinking alike, we find it is a good idea
Tech stocks have tumbled year-to-date, with many high-flying companies vastly underperforming the general market. Below is a chart that illustrates the year-to-date performance of four major tech stocks – Apple AAPL, Amazon AMZN, Alphabet, Inc. GOOGL, and Microsoft MSFT –
Welp, it was fun while it lasted. Our trading day started strong, looking to book its first higher trading week since early this month. But as market participants began tracing what a 50-basis-point hike is expected to do to the near-term economy beginning early next mont
The market expects Apple (AAPL) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2022. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful facto