Tag: Earnings

Microsoft tops $60 billion in annual earnings for the first time to cap record-breaking year

Microsoft Corp. finished yet another record-breaking year with more than $60 billion in profit and $165 billion in sales, showing why it has become only the second $2 trillion company in U.S. stock market history, and shares turned around after it projected more growth. Microsoft MSFT, -0.87% on Tuesday reported fiscal fourth-quarter earnings of $16.46 […]

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Here’s what to expect from McDonald’s earnings

People wear protective face masks outside McDonald’s in Union Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on July 30, 2020 in New York City. Noam Galai | Getty Images McDonald’s is expected to report its third-quarter results before the bell on Wednesday. Here’s what […]

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Opinion: Elon Musk says he is done with regular earnings calls. Tesla investors are better off.

Elon Musk says he is done with regular appearances on earnings calls. Tesla Inc. and its investors should be thankful. Musk said Monday, while detailing Tesla’s first quarter with more than $1 billion in profit, that he would no longer participate on such conference calls, “unless there’s something really important that I need to say.” […]

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Tesla tops $1 billion in profit, delays Semi launch

Tesla Inc.’s profit topped $1 billion for the first time in the company’s history and its sales nearly doubled, zooming past Wall Street expectations, but there was no stock rally late Monday as a “limited” battery supply and the ongoing chip shortage crimped the Silicon Valley electric-car maker’s output and forced it to delay the […]

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Budget airline Ryanair posts 273 million euro loss as Covid continues to wreak havoc

A Ryanair aircraft Boeing 737-800 prepares to take off at Krakow Airport. Omar Marques | Getty Images News | Getty Images LONDON — Low-cost airline Ryanair said Monday that it’s still facing a “challenging” environment and that it might finish the fiscal year “somewhere between a small loss and breakeven” as Covid-19 restrictions linger. The […]

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