Etsy has given modest expectations for its fiscal fourth quarter, and despite this modesty, it still looks to boost its revenue by 10% YoY to a range of $660 million and $690 million.
Moderna earned $7.70 per share for its latest quarter versus the $9.05 Refinitiv consensus estimate.
Following the approval of the Molnupiravir Covid-19 pill by the UK medicine regulator, Merck said it is on track to deliver as many as 10 million courses by the end of this year.
Bed Bath & Beyond stock has gained approximately 8.67%, 33.84%, and 41.19% in the past ten months, one month, and five days respectively.
Despite the impact of the game delays on the shares of the company, the better-than-expected earnings are helping to reverse the trend in the pre-market today.
US stock indices continue to rally further amid strong earnings reports. A staggering 83% of the S&P 500 companies have reported earnings beating Street estimates.
The company described the new product as a series of live, original, and shoppable episodes featuring creators right on Pinterest.
US stock market kickstarted November with record gains. Tesla continued to rally to new all-time highs surging past $1200 levels on Monday.
Tesla stock has gained approximately 201%, 71%, 70%, and 54% in the past year, YTD, three months, and one month respectively.
Unlike Apple and Amazon, Microsoft reported its 11th straight profitable quarterly results exceeding analysts’ estimates.
Amazon’s e-commerce sales jumped 3% in the past year to $49.94 billion, thereby missing analysts’ estimates of $51.53 billion.
Apple noted that its supply chain will see a further strain in the current quarter as the production operations resulting from the COVID-19 pandemic still lingers.
Twitter has seen the number of monetizable users rise by 13 percent to 211 million users YoY basis.
In the recently released Q3 earnings results, Ford reported $2.4b in net income and 6.4% net income margin, on revenue of $37.5b.
Apart from good performance evident in the shares, Alphabet and Microsoft also managed to surpass growth predictions.