Revenue rose 5 percent to $8.02 billion and the company earned 48 cents per share on an adjusted basis. Analysts had forecast earnings of 46 cents per share on revenue of $7.88bn, according to Refinitiv IBES. However, Chief Financial Officer Jon Moeller said the company was also focusing on better basic-level products in shaving and baby care, which have been weak spots at P&G in the recent pe... [Full Article...]
ATR measures volatility , taking into account any gaps in the price movement. The average true range is a moving average, generally 14 days, of the true ranges. Potential earnings growth for Tesla, Inc . The Company generated Return on equity (ROE ) -21.90% over the last twelve months. Its quick ratio for most recent quarter was 0.50. [Full Article...]
On the LinkedIn side of things, revenue grew by 27% as the business charted record levels of engagement over the past three months that include job postings, comments, and content sharing. Microsoft's so-called "intelligent cloud" unit, which contains its Azure services, posted revenue of $9.65 billion, above Wall Street estimates of $9.28 billion, according to IBES data from Refinitiv. [Full Article...]
In terms of value, the global plant-based meat market is projected to register a healthy CAGR of 5.8% during the forecast period, due to various factors, regarding which PMR offers vital insights in detail. There are two different methods of processing plant-based meat: thermoplastic extrusion and fiber spinning. Plant-based meat substitutes have been gaining popularity as more attention is fo... [Full Article...]
Azure growth was 73 percent, consistent with the past several quarters. There's no question Microsoft's growth narrative is closely tied to its Azure Cloud platform, which is second only to Amazon's ( AMZN ) AWS. For its third fiscal quarter, which ended on March 31st, Microsoft's Intelligent Cloud division revenue was $9.7 billion, a 22 percent improvement compared to the same quarter previous... [Full Article...]
Despite the signs of slowing audience growth and the long-term specter of more government regulations eating into Facebook's profits, Wall Street remains bullish on its growth prospects: Facebook shares have risen 39 percent since the beginning of the year, more than double the increase of the Standard & Poor's 500 index. [Full Article...]
Uber has raised an investment worth $1billion for its self-driving vehicle initiative from Japanese Group SoftBank's Vision Fund, automotive manufacturer Toyota , and automative component supplier Denso. Combined with another $333 million from Softbank's Vision Fund, the total investment, in this round, is about $1 billion. The filing contained a "placeholder" amount of $1 billion to be raise... [Full Article...]
Squarepoint Ops LLC's holdings in Kimberly Clark were worth $308,000 as of its most recent filing with the SEC. The stock has gained 23.5% over the past 12 months, while the SPDR Consumer Staples Select Sector ETF has rallied 12.6% and the S&P 500 has tacked on 8.8%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. [Full Article...]
Revenue rose 5 percent to $8.02 billion and the company earned 48 cents per share on an adjusted basis. Analysts had forecast earnings of 46 cents per share on revenue of $7.88bn, according to Refinitiv IBES. However, Chief Financial Officer Jon Moeller said the company was also focusing on better basic-level products in shaving and baby care, which have been weak spots at P&G in the recent pe... [Full Article...]
ATR measures volatility , taking into account any gaps in the price movement. The average true range is a moving average, generally 14 days, of the true ranges. Potential earnings growth for Tesla, Inc . The Company generated Return on equity (ROE ) -21.90% over the last twelve months. Its quick ratio for most recent quarter was 0.50. [Full Article...]
On the LinkedIn side of things, revenue grew by 27% as the business charted record levels of engagement over the past three months that include job postings, comments, and content sharing. Microsoft's so-called "intelligent cloud" unit, which contains its Azure services, posted revenue of $9.65 billion, above Wall Street estimates of $9.28 billion, according to IBES data from Refinitiv. [Full Article...]
In terms of value, the global plant-based meat market is projected to register a healthy CAGR of 5.8% during the forecast period, due to various factors, regarding which PMR offers vital insights in detail. There are two different methods of processing plant-based meat: thermoplastic extrusion and fiber spinning. Plant-based meat substitutes have been gaining popularity as more attention is fo... [Full Article...]
Azure growth was 73 percent, consistent with the past several quarters. There's no question Microsoft's growth narrative is closely tied to its Azure Cloud platform, which is second only to Amazon's ( AMZN ) AWS. For its third fiscal quarter, which ended on March 31st, Microsoft's Intelligent Cloud division revenue was $9.7 billion, a 22 percent improvement compared to the same quarter previous... [Full Article...]
Despite the signs of slowing audience growth and the long-term specter of more government regulations eating into Facebook's profits, Wall Street remains bullish on its growth prospects: Facebook shares have risen 39 percent since the beginning of the year, more than double the increase of the Standard & Poor's 500 index. [Full Article...]
Uber has raised an investment worth $1billion for its self-driving vehicle initiative from Japanese Group SoftBank's Vision Fund, automotive manufacturer Toyota , and automative component supplier Denso. Combined with another $333 million from Softbank's Vision Fund, the total investment, in this round, is about $1 billion. The filing contained a "placeholder" amount of $1 billion to be raise... [Full Article...]
Squarepoint Ops LLC's holdings in Kimberly Clark were worth $308,000 as of its most recent filing with the SEC. The stock has gained 23.5% over the past 12 months, while the SPDR Consumer Staples Select Sector ETF has rallied 12.6% and the S&P 500 has tacked on 8.8%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. [Full Article...]