In November, investors have a range of opportunities across technology, healthcare, energy, and telecommunications with Microsoft, Amazon, Pfizer, Exxon Mobil, and Comcast. Microsoft and Amazon lead in cloud computing and e-commerce, while Pfizerâs growth is driven by strong COVID-related product sales. Exxon Mobilâs steady cash flow and investments in sustainability bolster its resilience in energy, and Comcastâs revenue gains from the Olympics and connectivity expansions enhance its media and telecom presence. These diverse stocks offer both growth and income potential, highlighting the value of a well-rounded portfolio in a shifting market.
Shares of Peloton Interactive Inc. tumbled sharply this week on news it is seeking to sell a stake of about 20% of the company in an effort to shore up its business.
Boosted by sales of its COVID-19 vaccine and antiviral Paxlovid, Pfizer Inc. posted better-than-expected first-quarter earnings Tuesday.
On Tuesday, Starbucks reported higher quarterly sales and profits as the coffee giant continues expansion alongside growing U.S. same-store sales.
On Wednesday, Federal Reserve Chair Jerome Powell assured Americans that policymakers would do their best to curb surging inflation following the Fed's decision to hike interest rates by 50 basis points for the first time in 22 years.
Holiday rental firm Airbnb Inc. projected second-quarter revenue that easily topped Wall Street's estimates as the company sees "substantial demand" for traveling ahead of a busy summer season.
On Tuesday, BP posted record first-quarter earnings despite losses of $25.5 billion following the decision to exit its 19.75% shareholding in Russia's Rosneft Oil Co.
Billionaire Warren Buffet at Berkshire's annual shareholder meeting on 30 April 2020 shared an increased position in Activision Blizzard, a stake worth about $5.6 billion.
This week's earnings will continue to roll in following the worst month for stocks in over two years. Moreover, Friday's U.S. employment report forecasts robust jobs growth in April, another key part of the Fedâs mandate.
Amazon stock plunged Friday after reporting its first quarterly loss since Jeff Bezos stepped down as its CEO and its slowest sales growth since 2001.
In the quarter that ended in March, Apple's revenue grew nearly 9% year-over-year to $97.3 billion, which is considered a record figure for this part of the calendar year.
Qualcomm reported a robust earnings outlook and record quarterly revenue for the last quarter, mainly due to its move to focus on growing a non-handset business amid the likelihood of slowing smartphone demand.
In premarket trading Thursday, Meta Platforms gained 17.5% to $205.60 after reporting better-than-expected user growth in the first quarter for its social media platform, Facebook.
For its first quarter, Alphabet Inc., the parent company of Google, reported weaker-than-expected earnings and revenue on Tuesday, sending shares down more than 3% in premarket trading Wednesday.â
On Tuesday, shares of Microsoft Corp rose 6% in after-hours trading after the company posted better-than-expected revenue and a strong profit outlook on sales for the current quarter.
While only two weeks old, the media giant, Warner Bros. Discovery reported a quarterly revenue increase of 13% in its first set of results Tuesday that beat analysts' forecasts and topped expectations.
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