Honeywell International Inc HONOR reported first-quarter fiscal 2024 sales of $9.105 billion. This is a 3% year-over-year increase on a reported basis and a 3% increase on an organic basis,…
Category: Business Finance
Hasbro’s management decisions shine in this Q1 2024 earnings report
Key points The market reacts to Hasbro’s recent earnings announcement by relaunching the stock. Fundamentals show that management is making the right decisions to turn the business around. EPS projections…
What will happen to Microsoft stock on Thursday? -Microsoft (NASDAQ:MSFT)
Microsoft Corp MSFT stocks are in the spotlight Thursday ahead of earnings. Here’s what you need to know What to know: Microsoft will release financial results for its fiscal third…
Meta Platform stock is facing a mega market reset
Key points Meta Platforms had a solid quarter, outperforming on both top and bottom lines and generating robust cash flow. Analysts are reducing targets, but the new range aligns with…
Auditor of Trump’s Social Media Company misspells his own name 14 times in regulatory filings: report – Trump Media & Technology (NASDAQ:DJT)
The founder of the accounting firm has entered into a contract with Trump Media and Technology Group DJT Ben F. Borgershe was reportedly found to have used 14 different versions…
Nucor Earnings Rise on Steel Industry Trends
Key points First quarter manufacturing earnings are under scrutiny as companies like Nucor give mixed signals. Inside the trends, investors can discover the real momentum behind the sector and why…
Lower or not? EV Pricing Dilemma Hinders Ford’s Profitability, Analyst Warns – Stellantis (NYSE:STLA), Ford Motor (NYSE:F)
Global Auto Analyst Tom Narayan expressed concern about falling electric vehicle (EV) prices, which could potentially hamper automakers’ profitability. What happened: Narayan, on CNBC’s “Last Call” on Wednesday, pointed out…
Failure to deliver for investors is more of the same for UPS stock
Key points United Parcel Service had another weak quarter and expects no improvement throughout the year. Cash flow is solid but insufficient to support the prospect of robust dividend increases…
Mark Zuckerberg Explains How Meta Will Make Money From Its Multibillion-Dollar Bet on Artificial Intelligence – Meta Platforms (NASDAQ:META)
Marco Zuckerberg outlined three strategies for Meta Platform Inc. HALF monetize its large investments in artificial intelligence (AI.) What happened: Zuckerberg, during the March 2024 quarter earnings call, expressed his…
Duolingo’s bullish earnings translate into a higher stock price
Key points Duolingo is a freemium language learning platform that gives kids and adults free access to over 40 languages. Duolingo grew revenue 45% year-over-year, crushed analysts’ estimates by more…