A move of this size usually means the market was repricing growth expectations, not reacting to a small revenue gap. Search and advertising are the profit engine, so softer growth there matters more than strength in cloud. Negative free cash flow adds a second …
Results from Amazon and Intel after Thursday's close set the tone. Intel fell about 25% on a weak Q4 guide and Amazon about 7% on an EPS miss and heavy capex plans. Alphabet had already closed 12.7% lower on Thursday. Because these companies carry …
Downstream adjusted earnings of about USD 9 billion were up 120% from Q2 as war-related refining margins surged. One summary says refining earned more thanUpstreamfor the first time in at least six years, a single-source claim that we could not confirm. Refining profit depends …
Net production of 3.98 million barrels of oil equivalent per day was lower than the 4.07 million of Q2, so the profit gain did not come from pumping more. It came from record refinery throughput, which means Chevron (NYSE:CVX) processed more crude into fuels …
Skyrizi sales reached USD 5.776 billion and Rinvoq USD 2.706 billion, each up more than 22%. Together they produced about USD 8.5 billion, simple arithmetic on the two sales figures, which is nearly half of net revenue. Meanwhile Humira fell 31.2%, a drag common …
The Employment Cost Index tracks what employers pay for labor, including benefits, and policymakers watch it because labor costs feed into services inflation. An in-line number removes a source of upside surprise, but it does not ease the case for tightening. December hike odds …
The Q4 revenue guide of USD 1.00 billion to USD 1.03 billion sits below the USD 1.05 billion consensus, even at the top of the range. The more worrying comment came from the CEO, who warned that Q4 daily active visitors could fall by …
The earnings headline appears to rest mostly on balance-sheet crypto gains, as one analysis headline put it, which we could not confirm in the company filing. UnderFair Valueaccounting, a rise in the price of held digitalAssetsflows through net income, and a fall reverses it. …
Memory makers earn the most whenSupplyis tight and contract prices rise. Sandisk (NASDAQ:SNDK) sells NAND flash, so its margins move with those prices. Investors fear pricing may be near a peak, and a gross margin of 85.1% leaves little room to improve further. Read-across …
Subscription software is valued on forward growth. When a leader like ServiceNow (NYSE:NOW) hints that near-term growth may slow, investors cut the multiple they pay for each dollar of future revenue, and a modest estimate cut can become a large price move. A miss …