Earnings

Ever wondered what your peers and colleagues earn? Increasingly, you can find out thanks to pay transparency legislation and regulations, which are rolling out across the country. Enacted at the state and city level, you can now expect to receive…

In the Q2 earnings call, TSMC reported strong demand for their industry-leading three- and five-nanometer technologies, resulting in a 13.6% increase in revenue for the quarter. The company’s focus on advanced technology, such as seven-nanometer and below, contributed to 67%…

American Express Company (AXP) is gearing up to announce its second-quarter financial results on Friday, July 19. Analysts predict earnings per share at $3.25, a jump from $2.89 in the same period last year. Revenue is expected to hit $16.59…

Zacks Earnings Trends Highlights: Bank of America, Goldman Sachs, and JPMorgan Bank of America, Goldman Sachs, and JPMorgan were the key highlights of the recent Earnings Trends article, with a somewhat-bullish sentiment observed in the overall market performance. Among these…

TriplePoint Venture Growth (TPVG) experienced a significant 6.2% increase in its share price during the last trading session, closing at $8.80. The surge was supported by higher-than-average trading volume, indicating strong investor interest. Despite this positive movement, the latest trend…

Nicox Group has recently reported a revenue of €1.6 million, with net revenue standing at €1.0 million for the second quarter of 2024. The company also disclosed that it had cash reserves amounting to €7.8 million as of June 30,…

Deutsche Bank is banking on the Asia-Pacific region to drive significant growth in the coming years, with a target to contribute at least 15 per cent to its global revenue. The bank’s CEO, Sewing, emphasized the region’s importance, highlighting the…

Stock prices for Charles Schwab experienced another decline on Wednesday, continuing a disappointing trend for the company this week. Following a lackluster earnings report released the day before, investors showed a lack of confidence in the securities brokerage. Analysts also…

Local investors in Hong Kong are content to keep their money in cash and deposits until interest rates drop to 2.5 per cent, as per a survey conducted by the Hong Kong Investment Funds Association. The survey, which involved 500…

Capital One Financial Corporation (COF) saw an uptick in its stock on Wednesday as the company expressed intentions to acquire Discover Financial Services (DFS). This move came after Discover reported better-than-expected second-quarter results. Discover’s shares also experienced a rise post…

Discover Financial Services DFS pleasantly surprised investors with its second-quarter financial results released on Wednesday. The company’s earnings per share came in at $6.06, outperforming the estimated $3.07 per share. Discover also reported a quarterly Net Interest Income (NII) of…

Whales with sizeable funds to spend have taken a notably pessimistic stance on IBM, as revealed by recent options trading activity. In the analysis of IBM’s options history, a total of 22 trades were identified. Of these trades, it was…

Investors with substantial funds have recently shown a bearish outlook on M&T Bank (MTB), as highlighted by notable options trades tracked by Benzinga. While it remains unclear whether these investors are institutional players or high-net-worth individuals, the emergence of these…

WaFd, Inc.’s WAFD reported better-than-expected earnings for the third quarter of fiscal 2024, with adjusted earnings of 76 cents per share exceeding the Zacks Consensus Estimate of 59 cents. The acquisition of Luther Burbank Corporation (LBC) contributed to the positive…

Shares of PNC Financial Services Group Inc (NYSE: PNC) saw an uptick in early trading on Wednesday following the release of strong second-quarter results. Analysts are optimistic about the company’s performance, with RBC Capital Markets noting that the core earnings…

Ally Financial (ALLY) held its Q2 2024 earnings call for the period ending June 30, 2024, with a somewhat bullish overall sentiment. The call began with Sean Leary, Head of Investor Relations, welcoming participants and introducing CEO Michael Rhodes and…

First Community FCCO announced $16.34 million in revenue for the quarter that ended in June 2024, showing a rise of 7.5% compared to the same period last year. The earnings per share (EPS) stood at $0.42 for this quarter, a…

UnitedHealth Group reported a strong performance in the second quarter of 2024, surpassing expectations with both its earnings and revenues. Following the announcement, the company’s shares surged by 6.5%. The positive results were largely driven by the robust growth seen…

Union Bankshares, Inc. (NASDAQ – UNB) recently shared its financial performance for the three and six months ending on June 30, 2024. The company reported consolidated net income of $2.0 million for the second quarter of 2024, showing a slight…

Investors with a significant amount of capital have recently taken a bearish stance on JD.com, as witnessed through a series of options trades tracked by Benzinga. The public options history revealed a total of 19 trades for JD.com, with one…