Yum Brands reported quarterly earnings that crushed analysts‘ expectations as U.S. consumers returned to its restaurants.
Schlagwort-Archiv: Markets
Microsoft books biggest revenue growth since 2018
Microsoft delivered better-than-expected revenue growth thanks in part to strong PC sales in the quarter. Azure revenue growth was flat from the prior quarter.
Starbucks shares fall despite higher forecast as investors worry about international growth
Starbucks on Tuesday reported mixed quarterly results and raised its full-year forecast for earnings and revenue.
Stocks making the biggest moves in the premarket: UPS, Crocs, Eli Lilly, GE, Hasbro & more
The stocks making the biggest moves in premarket trading include UPS, Crocs, Eli Lilly, GE, Hasbro, and more.
Digital bank Current triples valuation in five months to $2.2 billion after Andreessen takes stake
Current is chasing bigger competitors including Chime and Square’s Cash App by providing inexpensive financial services though a mobile app.
Binance, the world’s largest cryptocurrency exchange, is launching an NFT marketplace
NFTs, or nonfungible tokens, are a type of digital asset designed to represent ownership of rare virtual items.
Archegos hit to UBS stuns investors as shares slide
Market players surprised with UBS hit from Archegos scandal.
If Fed Chair Jerome Powell sounds ‘too optimistic‘ this week, he’ll rattle Wall Street, Morgan Stanley warns
Morgan Stanley’s Matt Hornbach sees enthusiasm as the biggest wild card at the Federal Reserve policy meeting.
Crocs shares soar as shoemaker raises 2021 sales outlook, sees growth of 40% to 50%
Crocs shares surged after the shoemaker raised its revenue outlook for the full year and reported record first-quarter sales.
Tesla posts record net income of $438 million, revenue surges by 74%
Tesla beat expectations on revenue and earnings in Q1, but the stock dropped slightly after hours.