Tag Archives: q4

Earlier in the session, the Nasdaq Composite had surged more than 1%; but, by the afternoon, gains had tapered off to roughly 0.5%. Not only did Netflix lead the way in strong profits, but other major tech companies like Microsoft and Meta also had increases in their stock prices.While the …

Netflix said Tuesday that its fourth quarter subscriber additions surged, topping its own forecast and sending its stock as much as 14% higher in early trading on Wednesday.The subscriber additions of 13.12 million beat Netflix’s own forecast of about 9 million with full-year 2023 net additions sitting at roughly 30 …

Disney revealed impressive Q4 results, with theme park revenue continuing to rise and profits exceeding estimates. But there was cause for concern regarding a drop in ad revenue, mostly from Disney’s ABC Network and other owned TV stations. With an additional $2 billion in cost-cutting measures, the company intends to …

At the time of writing, the price of gold is $1964.27 per ounce, up +0.77 cents and +0.04% from Tuesday’s closing price. For the first time since Russia’s invasion of Ukraine, the price of the precious metal has now surpassed $2,000 per ounce. Gold prices have reached $2,000 per ounce …

Rivian shares will be in focus after the bell as the electric adventure vehicle maker will report its Q4 financial results. The company’s new annual production target and its projected loss for 2023 are expected to be of particular interest for investorsFrom a deliveries standpoint, the company already reported that …

Canada will release the Q4 Gross Domestic Product data on Tuesday, February 28 at 13:30 GMT as the release time is looming, forecasts from economists and researchers of six major banks regarding the upcoming growth data. Canadian growth is expected at 1.5% seasonally adjusted at an annualized rate (SAAR) in …

The Preliminary German GDP data, which showed that the Eurozone’s largest economy contracted by 0.2% during the fourth quarter could qualify as an indicator that a recession exists in Germany.This reading was below consensus estimates for a flat reading and the 0.4% growth recorded in the previous quarter and contrary …

Boeing stock is trading lower on Wednesday as the aerospace and defense company reported a fourth-quarter revenue miss and surprise earnings per share loss. For the quarter, Boeing delivered 152 airplanes in its commercial division, a jump of over 50% compared to a year ago. Boeing’s 110 737 planes were …

Ericsson AB reported Q4 earnings on Friday. The Swedish company reported net profit attributable to shareholders of 6.07 billion Swedish kronor ($588.2 million) compared with SEK10.08 billion a year earlier. Analysts polled by FactSet expected net profit of SEK7.05 billion.Sales rose 21% to SEK86.0 billion versus the SEK84.78 billion expected …

Shares of JPMorgan, which is the biggest US bank by assets, surged more than 2% after the firm posted Q4 profit and revenue that topped expectations. The New York-based bank said profit jumped 6% from the year earlier period to $11.01 billion, or $3.57 per share. Interest income at the …