U.S. stocks fell following a surprise drop in consumer sentiment, fueled by inflation worries. Read More
Tag: Earnings
A mostly gloomy day for stocks as crypto and Treasury yields slump
U.S. stocks closed mostly in the red amid the second day of Fed testimony. Read More
Bitcoin and stocks stabilize as Fed chair Powell says inflation should moderate
The S&P 500 closed higher after Fed chair Jerome Powell stuck to his transitory inflation message. Read More
Stocks and crypto slump after inflation data heats up
U.S. stocks closed in the red following red-hot inflation numbers. Read More
Crypto is falling, but stocks hit records ahead of a big earnings week
U.S. stocks closed at highs ahead of a potentially massive second quarter earnings season. Read More
Vizio TV buyers are becoming the product Vizio sells, not just its customers
Enlarge / Vizio’s 65-inch 4K OLED TV. (credit: Vizio) Over the past several years, TV-maker Vizio has achieved a reputation among home theater enthusiasts as the company that makes TVs that provide superior picture quality relative to their cost. While the most expensive TVs from Samsung and LG beat Vizio’s in quality assessment by reviewers, […]
Facing uncharted waters, Apple reports 54% year-over-year revenue increase
Apple CEO Tim Cook announcing new products in the company’s April 20, 2021, livestream. (credit: Nathan Mattise) Apple released its Q2 2021 earnings report to investors today after the bell, and it was another huge year—so huge, in fact, that investors are concerned it’s not sustainable as the world enters a new, later phase of […]
GameStop (the stock) and GameStop (the retailer) continue to be worlds apart
Enlarge / It may take more than one bad earnings report to pop this bubble… The last time GameStop announced its quarterly earnings, in early December, the stock market valued the video game retailer at about $1 billion. Following a worse-than-expected earnings report released Tuesday night, the company now has a market cap of just […]
Sony shipped 4.5M PS5s in 2020 but is struggling to speed up production
Enlarge (credit: Sam Machkovech) Sony shipped 4.5 million PlayStation 5 consoles worldwide through the end of 2020, the company revealed in an earnings report Wednesday. The number is broadly comparable to the 4.5 million PS4 consoles shipped in that system’s 2013 holiday launch quarter. But potential PS5 customers shouldn’t expect the rate of production to […]
Microsoft earnings: Xbox hardware sales shot up 86% with Series X/S
Enlarge / The Xbox Series X, which launched in November. (credit: Sam Machkovech) Microsoft delivered its earnings report for Q2 2021 yesterday, and the company has continued its sprint of very strong quarters, again driven primarily by Azure and the cloud. But that same old story isn’t the only one here: the report also tells […]