IAM Newswire - Spark Newswire

3 minute read

This Week’s Earnings Outlook

August 23, 10:47 AM

After last week's jobless claims data that was somewhat overlooked due to fears of rising inflation, optimism is in the air with retailers powering through a Delta slowdown. There are positive expectations for the following two quarters with tons of upside to come with society getting back to normal.

CRM

3 minute read

Nvidia Delivered But Its Crypto Product Fell Short

By IAM Newswire

August 20, 9:57 AM

On Wednesday, Nvidia (NASDAQ: NVDA) reported its second-quarter earnings and succeeded in beating Wall Street estimates on the back of strong graphics card sales. However, its cryptocurrency chip product, CMP, had lower sales than Nvidia itself had predicted in May.

NVDA

3 minute read

Home Depot Beats Vs Weakening DIY Trends

By IAM Newswire

August 19, 10:05 AM

Home Depot Inc. (NYSE: HD) revealed its sales rose more slowly than earlier in the pandemic that brought on a rapid surge in home improvement spending. The earnings and revenue beats were not enough to offset weakening DIY trends that did all the talking.

3 minute read

Walmart’s Sales Show Consumers Aren’t Afraid Of Delta

By IAM Newswire

August 18, 10:03 AM

Walmart (NYSE: WMT) logged another quarter of rising U.S. sales with both sales and profits exceeding Wall Street's estimates.

AMZN

3 minute read

Mondelez Is Going For The Pastries

By IAM Newswire

August 17, 10:09 AM

Mondelez International Inc (NASDAQ: MDLZ) is on track after reporting a strong second quarter.

MDLZ

3 minute read

The Tech Side Of The Earnings Week Ahead

By IAM Newswire

August 17, 10:05 AM

Besides retailing earnings reports, Cisco (NASDAQ: CSCO), Nvidia (NASDAQ: NVDA), and Applied Materials (NASDAQ: AMAT) are schedule

AMAT

3 minute read

Endurance Electric Pickup Is Coming

By IAM Newswire

August 16, 10:06 AM

On Wednesday, Lordstown Motors Corporation (NASDAQ: RIDE) reported a second-quarter loss, confirming it will begin limited production of its Endurance pickup truck by the end of September. Shares rose 4.7% in after-hours trading.

4 minute read

Disney’s Back In Business Thanks To Its Enduring Magic

By IAM Newswire

August 16, 10:02 AM

Although the parks alone are not yet profitable, the parks, experiences and products segment returned to profitability for the first time since the Covid pandemic began for Walt Disney Company (NYSE: DIS) who is finally recovering from an invisible enemy that crushed its perfectly exposed business model.

COMCAST

4 minute read

Major Retailers Are Reporting This Week

By IAM Newswire

August 16, 9:58 AM

After strong earnings reports from tech and banks, Walmart (NYSE: WMT), Home Depot (NYSE: HD), La-Z-Boy (NYSE: LZB), Target

AMZN

2 minute read

Uber Is On Track To Profitability- Lyft Already Reached The Destination

By IAM Newswire

August 13, 10:06 AM

Despite losing $509 million, Uber Technologies Inc (NASDAQ: UBER) topped top and bottom-line estimates for its second quarter, confirming it is well on its way to reaching EBITDA profitability by the end of the year.

DASH