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Welcome to Tencent Holdings Limited 2024 third-quarter results announcement webinar. I'm Wendy Huang from Tencent IR team. At this time, all participants are in a listen-only mode.
Microsoft announced its second quarter earnings on Tuesday, beating expectations on the top and bottom lines.The company reported adjusted earnings per share of $2.93 on revenue of $62 billion ...
A powerful earnings report from Rocket Lab propelled space stocks higher on Wednesday. As of 12:45 p.m. ET, shares of Spire Global (NYSE: SPIR) are up 22%, while AST SpaceMobile (NASDAQ: ASTS ...
Then there’s Apple, which had a more complicated earnings announcement than its peers. On its face, the company fell short on earnings per share by a wide margin: $0.97 versus expectations of $1.59.
That attitude led to significant post-earnings volatility in the last three quarters, such that Nvidia's stock price moved by an average of 10.7 percentage points after the company announced its ...
Post–earnings-announcement drift. In financial economics and accounting research, post–earnings-announcement drift or PEAD (also named the SUE effect) is the tendency for a stock’s cumulative abnormal returns to drift in the direction of an earnings surprise for several weeks (even several months) following an earnings announcement.
In the company’s fiscal Q3 2024, overall revenue soared 206% to $18.1 billion, while data center revenue rose a whopping 279% to $14.5 billion.And while Nvidia isn’t staring down a decline in ...
Meta reported its Q4 2022 earnings today after the bell, and the Facebook parent beat key revenue expectations and growing losses on its metaverse operation.It also announced a $40 billion stock ...