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Amazon stock fell on mixed earnings report and weak outlook

Leave a Comment / Business / By GobayuEnergy

font size Investors are looking for evidence that Amazon.com has made progress in its efforts to rein in costs. David Ryder/Bloomberg Amazon . .com shares fell in late trading Thursday after the company reported mixed fourth-quarter results, with better-than-expected sales growth, but weaker-than-expected earnings, largely due to the loss of a stake in the electric …

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Pfizer stock fell on pessimistic guidance as the company prepares to drop a Covid vaccine

Leave a Comment / Business / By GobayuEnergy

font size Pfizer said it expects Covid-19 vaccine sales to fall to $13.5 billion in 2023. Mario Tama/Getty Images Pfizer Tuesday set guidance for fiscal year 2023 well below Wall Street consensus numbers, dampening investor expectations ahead of what is expected to be a sharp drop in sales of Covid-19 products. Shares fell 3% in …

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Tesla’s earnings were good. Routing is fine. Stock climbing.

Leave a Comment / Business / By GobayuEnergy

font size Tesla reported fourth-quarter earnings per share of $1.19 on sales of $24.3 billion. Anna Moneymaker / Getty Images Tesla posted strong fourth quarter numbers, but investors will want to know more about order and profit margins later this evening. Tesla (Stock ticker: TSLA), on Wednesday evening, reported fourth-quarter earnings per share of $1.19 …

Tesla’s earnings were good. Routing is fine. Stock climbing. Read More »

2 major issues Microsoft weighs before earnings

Leave a Comment / Business / By GobayuEnergy

font size Microsoft is facing a slowdown in the growth of its cloud computing business. Gerard Julien/AFP via Getty Images Investors may feel some nervousness going forward Microsoft Quarterly financial results. And for good reason. Microsoft (Stock ticker: MSFT) reports financial results for the December quarter after the close of trading on Tuesday. There are …

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Tesla Price Cut is a “massive success”. China’s market share is growing.

Leave a Comment / Business / By GobayuEnergy

font size Tesla price cuts work. The company sells more cars. Sam Yeh/AFP via Getty Images Investors can see the positive impact of Tesla’s price cuts It Stocks – Now research shows that move has boosted sales and market share. Tesla (Stock ticker: TSLA) China recently cut auto prices on January 6th. So Wedbush analyst …

Tesla Price Cut is a “massive success”. China’s market share is growing. Read More »

Netflix surprises as the subscriber wins and Hastings steps back

Leave a Comment / Business / By GobayuEnergy

Netflix is pushing content like the Bling Empire series to attract viewers. Courtesy of Netflix font size Netflix It reported better-than-expected subscriber growth in the fourth quarter, adding 7.66 million net new subscribers, ahead of the 4.5 million subscribers the company expected. The company also announced that founder and co-CEO Reed Hastings was transitioning to …

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Crypto platform Bitzlato is accused of laundering more than $700 million in illicit funds

Leave a Comment / Business / By GobayuEnergy

US authorities have designated cryptocurrency exchange Bitzlato Ltd as a major money laundering concern and have charged its founder with charges of facilitating money laundering for criminals. The Treasury Department designated Bitzlato under a section of the US Patriot Act, a law used to combat money laundering and terrorist financing, for allegedly laundering illicit money …

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Tesla lowered prices. Now Wall Street is cutting earnings estimates by that much.

Tesla cuts prices, Wall Street cuts estimates. Investors don’t care.

Leave a Comment / Business / By GobayuEnergy

font size Tesla is trying to increase demand by lowering the prices of its electric cars. Joe Riedel/Getty Images Tesla She started the new year with a bang, lowering the prices of her cars all over the world. Wall Street is now making its own cuts, to 2023 earnings estimates. Analysts seem to agree that …

Tesla cuts prices, Wall Street cuts estimates. Investors don’t care. Read More »

Tesla cuts prices, Wall Street cuts estimates. Investors don’t care.

Leave a Comment / Business / By GobayuEnergy

Tesla cuts prices, Wall Street cuts estimates. Investors don’t care. Read More »

Tesla lowered prices. Now Wall Street is cutting earnings estimates by that much.

Leave a Comment / Business / By GobayuEnergy

Tesla lowered prices. Now Wall Street is cutting earnings estimates by that much. Read More »