Articles written by Upwallstreet - Benzinga

Salesforce's AI Agents Pivot Is Already Showing Results

For the quarter ended on October 31st, Salesforce (NYSE: CRM) reported that revenue grew 8% YoY to $9.44 billion, surpassing LSEG’s consensus estimate of $9.34 billion.

Nike's Getting Back To Being Nike

Nike Inc (NYSE: NKE) ended 2023 by reporting declining revenue and profit despite beating both top and bottom line estimates with its latest quarter results. Fiscal second quarter highlights

Nvidia's Latest Record Quarter Show Its AI Dominance Remains Intact

Last week, Nvidia Corporation (NASDAQ: NVDA) issued its third quarter results, topping both sales and earnings estimates as well as posting a better-than-expected current quarter guidance as its end-customers, including Microsoft Corporation (NASDAQ:

Short Squeezes With Big Promises

Short squeezes have been making and breaking investors for a century. One of the greatest short squeezes in history started on a SubReddit, where hundreds of thousands of retail investors drove the price of GameStop (NYSE: GME) shares up to an all-time high.

Disney Shines In All Its Entertainment Glory

On Thursday, the Walt Disney Company (NYSE: DIS) reported its fiscal fourth quarter results that topped estimates as its entertainment segment shined in its full splendor, mirrored in box office success as well as streaming business’ growth and profitability. Bob Iger is getting Disney back in shape.

The Oncology Bet Is Already Paying Off For Pfizer

With the downfall of Covid-19, pharmaceutical companies turned to oncology in search for their next growth story. Earlier in October, Pfizer Inc (NYSE: PFE) reported its third quarter revenue grew 14% on an operational basis due to approved cancer products from Seagen it acquired last December.

Qualcomm Delivers Upbeat Results That Show Its Diversification Efforts Are Working

On Wednesday, Qualcomm Incorporated (NASDAQ: QCOM) issued its fiscal fourth quarter results, surpassing Wall Street estimates on both revenue and earnings fronts, fueled by a wave of launches of flagship Chinese smartphones.

Toyota And Honda's Profits Drop Due To Challenges In China

On Wednesday, Toyota Motor Corporation (NYSE: TM) issued its fiscal second quarter results, posting a weaker-than-expected profit due to production halts and macroeconomic events. Its smaller domestic rival, Honda Motor Co. Ltd.

While Stellantis Performed Below Its Potential, Li Auto Reported Strong And Record Numbers

On Thursday, both Stellantis (NYSE: STLA) and Li Auto Inc (NASDAQ: LI) issued their third quarter results and they told quite different tales.

Microsoft, Amazon And Apple All Surpassed Estimates With Their Quarterly Performance, But Only One Stock Ticked Higher

On Thursday, Microsoft Corporation (NASDAQ: MSFT), Amazon.com Inc (NASDAQ: AMNZ) and Apple Inc (NASDAQ: AAPL) issued their September quarter results.

Higher Prices Energized Coca Cola's Q3 Financials

On Wednesday, The Coca Cola Company (NYSE: KO) surpassed Wall Street estimates on both revenue and earnings fronts as higher prices managed to offset a rather sluggish demand for its beverages in the face of increasingly price-sensitive consumers.

The Power Of Pickups Shows No Signs Of Fading Away Even In The EV Era

With all eyes on Tesla Inc (NASDAQ: TSLA) and its third quarter earnings that are scheduled for release after the bell, General Motors (NYSE: GM) made quite an earnings appearance this week, smashing estimates and hiking its earnings guidance for the third

Starbucks Fails At Reversing Declining Sales

On Wednesday, Starbucks (NASDAQ: SBUX) released preliminary fourth quarter results that fell short of estimates as weak U.S. demand resulted in declines in same store sales, net revenue and profit.

General Motors Continues To Defy Expectations Thanks To Pickups And U.S. Demand

On Tuesday, General Motors (NYSE: GM) easily surpassed Wall Street’s third-quarter expectations, raising its key guidance target for the full year fueled by the strength of its North America operations.

Procter & Gamble Faces A Weakened Demand In Both The U.S. And China

The Procter & Gamble Company (NYSE: PG) issued its fiscal 2025 first-quarter earnings report on Friday, missing sales and net income estimates but topping adjusted profit estimates.

Netflix's Smashing Quarter Reflects A Shift In Priorities

Netflix Inc (NASDAQ: NFLX) surpassed estimates with its third quarter financials as it continued to pivot towards an ad-supported membership model to keep its rivals at bay, including Disney+ from Walt Disney Company (NYSE: DIS) and Amazon Prime from Amazo

United Airlines Officially Kisses Covid-19-Related Shackles Goodbye

On Tuesday, United Airlines Holdings (NASDAQ: UAL) issued its third quarter report, surpassing Wall Street’ estimates.

Wall Street Revival Solidifies After Q3 Reports From Bank of America, Citigroup And Goldman Sachs

Bank of America Corporation (NYSE: BAC), Citigroup Inc (NYSE: C) and The Goldman Sachs Group Inc (NYSE: GS) were the latest to report better than expected quarterly earnings, beating gloomy for

Cancer Drugs Propel J&J Beyond Wall Street Estimates

On Tuesday, Johnson & Johnson (NYSE: JNJ) posted better-than-expected third quarter sales and adjusted profit. Fueled by strong results, Johnson & Johnson raised its full year profit and sales guidance.

Tesla Fails To Justify The Robotaxi Hype With Concrete Figures

Last week, Tesla Inc (NASDAQ: TSLA) unveiled its long-awaited robotaxi, the star of its next chapter. The Cybercab was revealed at the massive Warner Bros Studios in Burbank, California, known as Hollywood.