Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
Ford is expected to report adjusted earnings per share of 41 cents and automotive revenue of around $36 billion.
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Microsoft reports earnings beat, says A.I. will drive revenue growth
Microsoft’s Azure cloud revenue topped analysts’ estimates, and the company indicated it would keep investing in artificial intelligence.
Shiba Inu (SHIB) Market Cap Overtakes Binance USD Stablecoin (BUSD)
Shiba Inu’s market cap has now exceeded Binance USD stablecoin, coinciding with a period of positive run for the popular meme coin.
Wells Fargo Sets Aside More Money for Potential Bad Loans, Including Office Loans
Wells Fargo’s earnings are out. The San Francisco bank earned $4.99 billion, up 32% from $3.79 billion a year earlier. That amounts to $1.23 per share, above the $1.13 analysts polled by FactSet had expected. Revenue rose 17% to $20.73 billion. That beat the $20.09 billion expected by a
1 Stock That Profits From the Rise of Remote Work
Video conferencing software company Zoom Video (ZM) posted better-than-expected fourth-quarter results and provided a positive earnings outlook for the current quarter. Moreover, given the rise in demand for technology and…
FedEx optimistic after 3Q earnings, but more cost-cutting measures on the way
FedEx continues to see demand weakness, particularly at FedEx Express, the company announced in its third-quarter earnings Thursday.
Circle’s USDC instability causes domino effect on DAI, USDD stablecoins
Other popular cryptocurrencies, such as USDT and BUSD, continue to maintain a 1:1 peg with the U.S. dollar.
Berkshire Hathaway fourth-quarter operating earnings fall 8%, cash hoard swells to nearly $130 billion
Berkshire Hathaway’s operating earnings totaled $6.7 billion in the fourth quarter of 2022, a release read Saturday.
Microsoft offers lackluster guidance, says new business growth slowed in December
Microsoft saw slower Azure growth and device execution challenges in a quarter where it took a $1.2 billion charge, mainly for cutting 10,000 jobs.
Silvergate swings to $1 billion fourth-quarter loss after FTX’s crash sparked a bank run that drained billions in deposits
Silvergate customers pulled $8.1 billion in deposits in the fourth quarter amid FTX’s collapse.