earnings

Apple Earnings Miss Forecast For First Time Since 2016 As iPhone Sales Hit By China Supply Chain Snarls | The Street Market News

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T-Mobile Delivers Mixed Earnings. The Stock Is Still a ‘Relative Safe Haven.’

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text size For 2023, T-Mobile told investors to expect free cash flow of between $13.1 billion and $13.6 billion. Photograph by Andrew Burton/Getty Images T-Mobile US delivered fourth-quarter financial results Wednesday that were generally ahead of expectations. Benefits from the 2020 purchase of Sprint continue to separate the company from its peers. T-Mobile ‘s guidance … Read more

T-Mobile Delivers Mixed Earnings. The Stock Is Still a ‘Relative Safe Haven.’

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text size For 2023, T-Mobile told investors to expect free cash flow of between $13.1 billion and $13.6 billion. Photograph by Andrew Burton/Getty Images T-Mobile US delivered fourth-quarter financial results Wednesday that were generally ahead of expectations. Benefits from the 2020 purchase of Sprint continue to separate the company from its peers. T-Mobile ‘s guidance … Read more

Apple and Amazon Earnings, a Fed Decision, Jobs Data, and More to Watch This Week

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It will be another major week of fourth-quarter earnings, with about 100 <span class=”quote-pick” data-track-hover=”QuotePeek” data-significance=”PROMINENT” data-ticker=”” data-charting-symbol=”INDEX/US/S&P US/SPX”> S&P 500</span> companies scheduled to report. There will also be a highly anticipated Federal Reserve interest-rate decision on Wednesday and the latest job-market data on Thursday and Friday. Wednesday will bring results from Meta Platforms , … Read more

Apple, Amazon, Facebook and Google face earnings test amid Big Tech layoffs

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In the biggest week of the holiday-earnings season, Big Tech results will receive the spotlight amid thousands of layoffs that could only be the beginning. After tech stocks were decimated in 2022, investors will be looking for signs of a turnaround in holiday reports and potential forecasts for the year ahead from three of 2022’s … Read more

Apple earnings, Federal Reserve meeting drive stocks in the week ahead

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January’s market rally faces a major test in the week ahead of multiple major events, the most important of which could be the Federal Reserve’s interest rate announcement and press conference. The Fed’s meeting Tuesday and Wednesday comes amid a flood of corporate earnings reports, with about 20% of the S&P 500 reporting that week. … Read more

SAP Plans to Cut Jobs and Sell Qualtrics Stake as It Shifts to the Cloud

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text size SAP posted cloud revenue of €3.39 billion ($3.70 billion, up 30%. Daniel Roland/AFP via Getty Images SAP reported softer-than-expected fourth-quarter results, as the German enterprise software giant continued the continuing shift of its software business to the cloud amid an ongoing period of macroeconomic weakness. SAP also announced plans to reduce its staff … Read more

Apple Could Boost Profits by Designing Its Own iPhone Parts, Analyst Says

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text size Evercore ISI analyst Amit Daryanani sees a potential profit boost from Apple bringing the design of more iPhone components in-house. Angela Weiss/AFP/Getty Images apple could get a substantial earnings boost if the company moves ahead on plans to bring production of additional iPhone components in-house, Evercore ISI analyst Amit Daryanani asserts in a … Read more

Tesla and Apple face China risks as share prices plunge

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apple and Tesla are facing major headwinds in China which is contributing to investor jitters around the two US technology giants. Tesla shares tanked 12% on Tuesday after the electric carmaker reported deliveries that fell short of analyst expectations, while Apple fell more than 3% as concerns resurfaced about demand for the company’s flagship iPhone … Read more