Oracle guidance misses expectations, stock drops
Oracle called for less earnings guidance than analysts had expected as the company plans investments in cloud computing. For the quarter, though, Oracle beat on the top and bottom lines. … Read More
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Oracle shows 3% revenue growth and bumps dividend
Oracle surpassed estimates on the top and bottom lines. Executives will issue guidance on a conference call. Barclays analysts upgraded the stock last week, citing their expectations for accelerating growth. … Read More
Target is set to report earnings before the bell. Here's what the Street expects
Target will report its fourth-quarter earnings on Tuesday. As many mall retailers temporarily closed and struggled during the pandemic, Target gained market share with its e-commerce offerings and wide range … Read More
IBM reports third straight quarter of revenue declines
IBM posted a third consecutive quarter of declining revenue. The company is spinning out part of its Global Technology Services division into a new company. Shares of IBM fell slightly … Read More
Tesla Earnings: What to Look For
Key Takeaways Analysts estimate adjusted EPS of -$0.07 vs. -$1.12 in Q2 2019 Vehicle deliveries fell YOY. Analysts expect a GAAP EPS loss due to COVID-19, threatening Tesla's inclusion in … Read More