GuruFocus.com3d agobearish
Bank of America Falls 1.4% as Fee Guidance Drops 10%--20%A healthy deal pipeline has not prevented management from forecasting weaker third-quarter investment-banking revenue.
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Proactive37d agobearish
Cisco stock falls despite Street-beating guidance as networking and AI orders accelerateCisco Systems Inc (NASDAQ:CSCO, XETRA:CIS) reported fiscal fourth-quarter revenue of $17.3 billion, up 18% year-over-year and above the $16.82 billion analyst estimate, as networking demand and artificial intelligence orders drove growth. Non-GAAP earnings per share came in at $1.22, up 23%...
Proactive59d agobearish
Nasdaq tipped to slip as investors brace for Alphabet and Tesla earningsWall Street stocks looked set for a weaker open on Wednesday as investors lock in profits in technology stocks ahead of crucial earnings from Google owner Alphabet and Tesla, while escalating tensions in the Middle East push oil prices to six-week highs. Dow Jones futures were down 0.2%,...
GuruFocus.com61d agobearish
Apple Stock Falls Ahead of Earnings Despite BofA's Bullish OutlookApple Drops Before Earnings Even as Bank of America Backs the Tech Giant
TheStreet97d agobearish
Bank of America revisits Oracle stock price target after post-earnings selloffShares of Oracle (ORCL) tumbled 8.53% on June 11 as investors are concerned about the company's plans to raise more money to fund its AI buildout, overshadowing better-than-expected fiscal fourth-quarter results and a higher profit outlook announced a day earlier. On June 10, the 49-year-old cloud ...