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Saturday, May 18, 2024

Tag: Earnings


Oracle stock increases 10% following earnings report

Oracle Corporation, a leader in cloud computing and database technology, has seen its stock price surge by more than 10% following the release of its fiscal 2024 third-quarter financial results. The company's strong performance is due to its successful transition to cloud-based services and its ability to attract large contracts for its Gen2 AI infrastructure.

TD Bank’s Q1 2024 Earnings show growth in Banking

TD Bank reported its first quarter 2024 earnings on February 29, 2024. This earnings period marks a period of substantial activity and strategic execution....

Inside Berkshire Hathaway’s Record-Breaking Earnings

Berkshire Hathaway's earnings have broken record highs, showing the company's potential. For the fourth quarter and full year of 2023, Berkshire reported substantial net earnings. This shows a significant rebound and growth compared to the previous years.

Nvidia Earnings explode boosting stock price 13% higher

NVIDIA Corporation recently held its Q4 2024 Earnings Conference Call, which boosted the current Pre-Market stock price 13% higher. NVIDIA's financial results for the fourth quarter reported a Q4 revenue of $22.1 billion, marking a 22% sequential increase.

Lyft CEO David Risher’s ‘clerical error’ on earnings report

Lyft shares experienced a surge, climbing as much as 67% in after-hours trading. This spike was due to a projection indicating that Lyft's margins would expand by an astounding 500 basis points. However, this was short-lived. Less than an hour later, a correction was made, revealing a typo in the initial announcement. The actual projection was for a margin expansion of just 50 basis points, a tenth of what was previously stated.

Cloudflare positions itself for future growth opportunities

Cloudflare, a leading internet security, performance, and reliability company, showcased robust financial performance in its Q4 2023 earnings call. The discussion was led by...

Sonos (SONO) stock price increases 17% after earnings beat

Sonos, Inc. (NASDAQ: SONO), a developer and manufacturer of audio products, saw its stock price surge by 17% following an earnings beat.  Sonos reported a...


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