Author: pluginever
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Nintendo is an “inevitable” now – a high-return secular growth juggernaut that should just keep getting bigger and more profitable with time
Nintendo is an “inevitable” now – a high-return secular growth juggernaut that should just keep getting bigger and more profitable with time. Better yet, with Nintendo’s IP flywheel finally in full effect, the earnings snowball you were first told about many years ago is not only rolling and getting bigger, but it’s set to accelerate…
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Merck tops expectations, raises outlook on strong Keytruda and vaccine sales
Merck on Thursday reported first-quarter revenue and adjusted earnings that topped expectations as it posted strong sales of its blockbuster cancer drug Keytruda and vaccine products. The pharmaceutical giant also raised and narrowed its full-year revenue and adjusted earnings forecasts. Merck now expects 2024 sales to come in between $63.1 billion and $64.3 billion, up…
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Ford tops first-quarter earnings estimates as commercial unit offsets EV losses
Sales of Ford Motor’s trucks and other commercial vehicles led the automaker to beat Wall Street’s earnings estimates during the first quarter, offsetting losses of its electric vehicles. While the automaker beat earnings estimates, it slightly missed on automotive revenue. Here are the results. Earnings per share: 49 cents adjusted vs. 42 cents adjusted expected…
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Can HP stock price be influenced because of Formula 1 partnership?
It has been anounced that HP is the new lead partner for Ferrari team in F1. Is it safe to assume it might kick in a bit to the stock because of it? So far only core fans know, but Ferrari is hinting for a special livery and the announcement looks to be quite a…
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Barclays shares up 4% as bank swings back to profit amid strategic overhaul
Shares of Barclays rose 4% on Thursday after the bank reported first-quarter net income attributable to shareholders of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul. Analysts polled by Reuters had expected net profit attributable to shareholders of £1.29 billion for the quarter, according to…
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Microsoft to report Q3 revenue as Wall Street looks for AI growth
https://www.msn.com/en-us/money/other/microsoft-to-report-q3-revenue-as-wall-street-looks-for-ai-growth/ar-AA1nBgtZ Microsoft (MSFT) will report its fiscal third quarter earnings after the bell on Thursday, as Wall Street continues to look for signs that the AI explosion is more than just hype. In its prior quarter, Microsoft announced that its AI capabilities contributed 6 percentage points of growth to the company’s Azure revenue, up from…
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Deutsche Bank posts better-than-expected profit in first quarter amid investment banking recovery
Deutsche Bank on Thursday reported a 10% rise in first-quarter profit, beating expectations amid an ongoing recovery in its investment banking unit. Net profit attributable to shareholders was 1.275 billion euros ($1.365 billion) for the period, ahead of an aggregate analyst forecast of 1.23 billion euros for the period, according to LSEG data. Deutsche Bank…
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Bull arguments about TSLA’s data advantage for autonomous, is overblown
Every bull case you will hear about why tesla is the only company ripe for FSD, you will hear one thing the most. “but ….MILLIONS OF MILES ON TESLA WORLDWIDE”. Just listened to Cathy Wood's latest interview, and this was her whole argument for buying more and more TSLA This is complete BS argument, and…
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IBM to acquire HashiCorp in $6.4 billion deal, reports another revenue miss
IBM shares slipped as much as 6% in extended trading on Wednesday after the hardware, software and consulting provider said it would acquire cloud software maker HashiCorp and reported first-quarter revenue that was lower than analysts had predicted. In a statement, IBM announced that it intends to pay $35 per share in cash for HashiCorp…
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Semiconductors – cyclical – how to track/rotate? Your take on ASML
Hi sorry for the poor title – couldn't come up with something better. Semiconductors are known for being cyclical, so I'm curious to hear your opinion on where we are right now in this cycle. I'm proudly holding ASML (I think it is a great stock to hold forever) which has done pretty well over…