AMD to Report Fiscal First Quarter 2024 Financial Results

Barrons.com
Palantir Earnings Crush Estimates. Why Some Investors Are Selling on the News.
Palantir, a data analytics software company, continued to gain traction with its artificial-intelligence tools in the quarter ended in March. Palantir shares, which rallied 8.1% in Monday’s regular session, fell more than 15% on Tuesday. Palantir followed up its “bombastic” December quarter with even better results for the March quarter as the data analytics software company continued to gain traction with its artificial-intelligence tools, in particular with U.S. commercial customers.
Zacks
Marathon Digital (MARA) to Post Q1 Earnings: What's in Store?
Marathon Digital's (MARA) first-quarter 2024 earnings and revenues are expected to increase year over year.
Barrons.com
GlobalFoundries Stock Soars. Chip Demand Is Improving.
GlobalFoundries stock was jumping after the company reported earnings that easily topped both management’s guidance and the Wall Street consensus forecast. GlobalFoundries, a contract chip manufacturer that makes a large number of lower-cost parts for semiconductor companies, posted sales for the quarter of $1.55 billion, down 16% from a year earlier, but ahead of the Street consensus expectation of $1.52 billion. Global Foundries shares were up about 9% on the news.
Zacks
How is ACM Research (ACMR) Placed Ahead of Q1 Earnings?
ACM Research's (ACMR) first-quarter 2024 results are expected to reflect gains from ECP, PECVD and advanced packaging businesses.
Reuters
Rivian posts quarterly revenue beat, cuts 2024 capital spending forecast
Rivian Automotive on Tuesday reported first-quarter revenue that beat Wall Street expectations and reiterated its production forecast of 57,000 units this year, due to sustained demand for its electric vehicles. The company also cut its annual capital expenditure forecast by $550 million to $1.2 billion, as it moved the start of production of its R2 midsize SUV to its Normal, Illinois plant. Analysts were expecting capital spending of $1.59 billion.
Barrons.com
Rivian Stock Slides. Earnings Reveal More Losses.
FEATURE Rivian Automotive stock was sliding after the company reported earnings after the close on Tuesday. The electric-vehicle company reported a per-share loss of $1.48 from sales of $1.2 billion.
Zacks
Spirit (SAVE) Down on Wider-Than-Expected Q1 Loss & Bleak View
Spirit's (SAVE) first-quarter 2024 operating revenues decline 6.2% year over year.
Reuters
Airbnb forecasts weaker Q2 revenue despite robust demand for international travel
(Reuters) -Airbnb reported a higher quarterly profit on Wednesday but forecast second-quarter revenue below Wall Street expectations, sending shares of the vacation rental company down 8% after the bell. Accommodation companies in the first quarter have seen the demand for travel in regions outside of North America boost earnings as travel accelerates in Asia-Pacific and Latin America. Airbnb's first-quarter revenue rose 18% year-over-year to $2.14 billion.
Barrons.com
Toyota Guidance Is Terrible. Competition Is Heating Up.
Toyota Motor reported fiscal fourth-quarter results on Wednesday which also means it gave investors a look into its 2025 fiscal year. Operating profit is set to fall 20% in the coming year as the company invests more in battery electric vehicles and artificial intelligence to keep up with its automotive peers. For the fiscal fourth quarter ended in March, Toyota earned about ¥1.1 trillion, or $7.1 billion, up from the $4 billion earned in the same quarter of fiscal year 2023.
Zacks
Starwood Property Trust (STWD) Surpasses Q1 Earnings Estimates
Starwood Property Trust (STWD) delivered earnings and revenue surprises of 28.26% and 1.49%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Reuters
UPDATE 2-Nutrien beats quarterly profit estimates on robust North America demand
Nutrien, the world's biggest fertilizer producer, beat first-quarter profit estimates on Wednesday, on strong demand for crop nutrients from North America owing to early planting and lower inventory. Adjusted core profit at Nutrien Ag Solutions, the company's retail segment, was at $77 million in the reported quarter, compared with an adjusted core loss of $34 million a year ago. Quarterly sales volumes for crop nutrients, its biggest segment, was at 1.46 million tonnes in North America, up 22.5% from a year ago.
INSIDER
Disney stock slides on revenue and streaming misses
Disney beat Wall Street's earnings forecasts, but shares fell on a slowdown in streaming subscribers and a narrow revenue miss.
Yahoo Finance UK
BP profits slump to $2.7bn amid falling oil prices
The oil company plans a $1.75bn share buyback.
Barrons.com
Disney Stock Tumbles. CFO Says Road to Profits in Streaming ‘Is Not a Linear One.’
Walt Disney stock was falling hard on Tuesday after management offered guidance for its streaming division that left investors disappointed. Disney stock tumbled 9.9% to $104.98 in afternoon trading, on track for its largest decline since Nov. 9, 2022, when it dropped 13%, according to Dow Jones Market Data. The company had posted stock gains after each of its last three earnings reports.
Barrons.com
Uber Slumps, Lyft Soars. Why the Ride-Sharing Stocks Are Headed in Opposite Directions.
While Lyft shares are rallying Wednesday following a well-received March quarter earnings report, shares of Uber Technologies are losing ground in response to its results. While Uber shares closed 5.7% lower on Wednesday, Lyft ended the day 7.1% higher. Sure, they compete in ride-sharing in the U.S. But Uber is far larger and more complex, offering not just ride-sharing, but also food and grocery delivery and freight services.
Cosmo
Rita Ora just showed up at the 2024 Met Gala basically naked in an open-sided dress
Rita Ora showed up almost fully naked to the 2024 Met Gala in a multicoloured Marni dress that was completely open-sided revealing she was braless & commando
SETHLUI.COM
Yan Fried Bee Hoon: Is PM Lee’s favourite chicken wing worth the wait?
The post Yan Fried Bee Hoon: Is PM Lee’s favourite chicken wing worth the wait? appeared first on SETHLUI.com.
Cosmo
EmRata is almost naked in a sparkly see-through Versace dress at the 2024 Met Gala
Emily Ratajkowski just hit the 2024 Met Gala almost totally naked wearing a sparkly see-through Versace backless dress. We are *so* in love with this look!
CNN
An Indian woman accused her husband of forcing her to have ‘unnatural sex.’ A judge said that’s not a crime in marriage
An Indian judge has dismissed a woman’s complaint that her husband committed “unnatural sex,” because under Indian law it’s not illegal for a husband to force his wife to engage in sexual acts.
BuzzFeed
"It's Going To Look Really Dated": People Are Sharing The Terrible Home Design Trends That Are Found In Many Newer Homes
"My next house will either be laid out by me or made in the '70s or '80s — back when they designed homes to be lived in."

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AMD to Report Fiscal First Quarter 2024 Financial Results

Latest stories

Palantir Earnings Crush Estimates. Why Some Investors Are Selling on the News.

Marathon Digital (MARA) to Post Q1 Earnings: What's in Store?

GlobalFoundries Stock Soars. Chip Demand Is Improving.

How is ACM Research (ACMR) Placed Ahead of Q1 Earnings?

Rivian posts quarterly revenue beat, cuts 2024 capital spending forecast

Rivian Stock Slides. Earnings Reveal More Losses.

Spirit (SAVE) Down on Wider-Than-Expected Q1 Loss & Bleak View

Airbnb forecasts weaker Q2 revenue despite robust demand for international travel

Toyota Guidance Is Terrible. Competition Is Heating Up.

Starwood Property Trust (STWD) Surpasses Q1 Earnings Estimates

UPDATE 2-Nutrien beats quarterly profit estimates on robust North America demand

Disney stock slides on revenue and streaming misses

BP profits slump to $2.7bn amid falling oil prices

Disney Stock Tumbles. CFO Says Road to Profits in Streaming ‘Is Not a Linear One.’

Uber Slumps, Lyft Soars. Why the Ride-Sharing Stocks Are Headed in Opposite Directions.

Rita Ora just showed up at the 2024 Met Gala basically naked in an open-sided dress

Yan Fried Bee Hoon: Is PM Lee’s favourite chicken wing worth the wait?

EmRata is almost naked in a sparkly see-through Versace dress at the 2024 Met Gala

An Indian woman accused her husband of forcing her to have ‘unnatural sex.’ A judge said that’s not a crime in marriage

"It's Going To Look Really Dated": People Are Sharing The Terrible Home Design Trends That Are Found In Many Newer Homes