– Microsoft beat estimates by 25 cents with quarterly earnings of $2.17 per share, while revenue beat estimates as well on continued strong growth in the company's cloud computing business. Microsoft continues to benefit from the pandemic shift to working and learning from home. Microsoft added 1.4% in premarket trading. – Starbucks earned an adjusted $1.01 per share for its latest quarter, beating the 78 cent consensus estimate, with revenue beating forecasts as well.
Visa benefited from the rebound in spending on travel and entertainment, but the stock slid 1.3% in premarket trading. – AMD shares rose 2.3% in premarket action as the chipmaker forecast current-quarter revenue above analyst expectations. It predicts strong demand for chips used in gaming consoles and data centers, following a quarter that saw it beat Street estimates on the top and bottom lines. – Mattel beat estimates for its latest quarter, and also raised its full-year forecast.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.S.-listed China education stocks tumble again as Beijing makes industry crackdown officialA crackdown on the education industry in China has J.P. Morgan throwing in the towel on U.S.-listed education stocks that have been hammered in the last two... wow US stock markets hit record highs.. in sympathy 😭 China has the biggest millstone around its neck. That millstone is Cruel & intolerant Communism. China is unfit to exist in this Civilized world. Only Fully Democratic China should be accepted in the comity of nations. Otherwise China has long way to go until Communism crumbles.
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks to buy: 5 short-squeeze candidates for the week of July 25Business Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stocks finish with another round of records as investors await tech earningsStocks finished slightly higher Monday, with major indexes building on Friday's round of record finishes as investors awaited earnings reports this week from major tech companies and a meeting of Federal Reserve officials. good luck
Source: MarketWatch - 🏆 3. / 97 Read more »
Morgan Stanley names 4 global stocks that are about to surprise markets to the upsideNew for subscribers: Morgan Stanley names 4 global stocks that are about to surprise markets to the upside. Check out CNBCPro today.
Source: CNBC - 🏆 12. / 72 Read more »
Hasbro Stocks Up on Toys to Work Around Shipping ConstraintsHasbro, the maker of Transformers, My Little Pony and Play-Doh, is sourcing more of its toys earlier from various countries as it looks to get around bottlenecks in shipping operations and make sure products arrive in time for the holiday season this is terrible news Bitcoin ethereum This an opportunity to recover from cryptos We r doing $1,000 pumping challenge to $5,000+ target in the next 21 days Dm if interested Sad when you can’t source your toys in the USA. To expensive to make, good jobs given away. Hasbro the Rhode Island company, should source they product, at the same time think long term and plan to manufacture it the US.
Source: WSJ - 🏆 98. / 63 Read more »
China jitters pull Asian stocks to seven-month lowAsia's stock markets fell to fresh troughs on Tuesday led by a third straight session of heavy selling in Chinese internet giants, while bond and currency markets traded on edge ahead of the Federal Reserve policy meeting. this is terrible news 中国的发展牵动全世界的神经。如今的世界，你中有我，我中有你。一起发展，避免对抗。China's development affects the nerves of the whole world. Today's world, you have me, I have you. Develop together and avoid confrontation.
Source: Reuters - 🏆 2. / 97 Read more »