Facebook (FB) misses Q3 revenue estimates, profit up 17%
Facebook Inc (NASDAQ: FB) on Monday reported third-quarter profit of US$9.19 billion as its ad revenue saw modest growth despite a flurry of negative publicity over privacy and other issues. Facebook said it will create new reporting segments focu...
- October 25, 2021 07:08 PM PDT
- Sanjeeb Baruah
Top artificial intelligence stocks to explore amid AI boom
Highlights Alphabet's revenue surged 62% YoY to US$61.88 billion in Q2, FY21. The revenue of Twilio Inc. (NYSE: TWLO) rose 67% YoY n Q2, FY21. The revenue of Twilio Inc. (NYSE: TWLO) rose 67% YoY n Q2, FY21. A growing number of in...
- October 25, 2021 02:03 PM PDT
- Ipsita Sarkar
Top companies to watch for quarterly earnings this week
Highlights Facebook, Inc. (NASDAQ: FB) will release its Q3 earnings on October 25 after the closing bell. Microsoft Corporation (NASDAQ: MSFT) will report its Q1, FY22 financial results on October 26 after the market close. Amazon.com, Inc. (N...
- October 25, 2021 01:24 PM PDT
- Ipsita Sarkar
Seven most anticipated IPOs this week
Highlights There have been more than 560 listings year to date. The third quarter alone has seen around 147 listings on NASDAQ. IPOs attract investors who want to capitalize on the prospect of the stock price rising after the initial public of...
- October 25, 2021 12:06 PM PDT
- Sanjeeb Baruah
Kimberly-Clark revenue up 7%, OTIS raises 2021 outlook
Highlights Kimberly-Clark Corporation’s (NYSE: KMB) net sales rose 7% YoY to US$5.0 billion. Otis Worldwide Corp’s (NYSE: OTIS) net sales were US$3.6 billion, up 10.8% YoY. KMB lowers its annual revenue outlook, while OTIS r...
- October 25, 2021 09:46 AM PDT
- Ipsita Sarkar
Community Bank’s (CBU) Q3 profits up; Lennox (LII) narrows guidance
Highlights The Community Bank System, Inc’s (NYSE: CBU) total revenue rose by 2.8% YoY in Q3, FY21. The operating income of Lennox International Inc. (NYSE: LII) was US$162.7 million in Q3, FY21. Lennox expects its revenue growth to be b...
- October 25, 2021 08:30 AM PDT
- Ipsita Sarkar