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Zacks News
Microsoft (MSFT) Q3 Earnings & Revenues Beat on Cloud Strength
by Zacks Equity Research
Microsoft's (MSFT) third-quarter fiscal 2024 results reflect strength in the Azure business and Office 365, boosted by growing AI Copilot business.
Pinterest (PINS) Suffers a Larger Drop Than the General Market: Key Insights
by Zacks Equity Research
In the most recent trading session, Pinterest (PINS) closed at $32.64, indicating a -0.64% shift from the previous trading day.
Carrier (CARR) Q1 Earnings Beat Estimates, Revenues Up Y/Y
by Zacks Equity Research
Carrier's (CARR) first-quarter 2024 results reflect strength in the HVAC segment.
Teradyne (TER) Q1 Earnings Top Estimates, Revenues Fall Y/Y
by Zacks Equity Research
Teradyne's (TER) first-quarter 2024 results benefit from strong momentum in the memory test end-market despite persistent softness in the mobility sector.
Plexus (PLXS) Q2 Earnings & Revenues Beat Estimates, Fall Y/Y
by Zacks Equity Research
Plexus's (PLXS) fiscal second-quarter performance is affected due to weakness in the Healthcare/Life Sciences and Industrial sectors.
Fortive (FTV) Q1 Earnings Beat Estimates, Revenues Rise Y/Y
by Zacks Equity Research
Fortive's (FTV) first-quarter revenues increase year over year due to continued momentum in the Fortive Business System.
Will Top-Line Expansion Boost Pinterest's (PINS) Q1 Earnings?
by Zacks Equity Research
Pinterest (PINS) is expected to report revenue growth year over year in the first quarter of 2024, backed by growing demand for ad tools and increasing user engagement.
Meta Platforms' (META) Q1 Earnings Beat, Revenues Up Y/Y
by Zacks Equity Research
Meta Platforms' (META) first-quarter 2024 performance benefits from higher advertising revenues, expanding AI integration and a strong user base.
ServiceNow (NOW) Q1 Earnings Beat Estimates, Revenues Up Y/Y
by Zacks Equity Research
ServiceNow's (NOW) first-quarter 2024 results reflect strong uptake of the company's digital workflow and growing demand for generative AI solutions.
Ansys (ANSS) Announces Strategic Collaboration With TSMC
by Zacks Equity Research
Ansys (ANSS) joins forces with TSMC for the development of multiphysics software for TSMC's Compact Universal Photonic Engines - an advanced Silicon Photonics integration system.
Seeking Clues to Pinterest (PINS) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
by Zacks Equity Research
Evaluate the expected performance of Pinterest (PINS) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
IBM's Q1 Earnings Beat, Revenues Miss Despite Solid Demand
by Zacks Equity Research
IBM witnessed healthy demand trends for hybrid cloud and AI solutions in first-quarter 2024 with a client-focused portfolio and broad-based growth and remains firmly on track to reach its targets for 2024.
CoStar Group (CSGP) Q1 Earnings Beat Estimates, Revenues Up Y/Y
by Zacks Equity Research
CoStar Group's (CSGP) first-quarter 2024 results reflect solid top-line growth, led by robust performance in key segments.
IBM Reportedly in Advanced Discussions to Acquire HashiCorp
by Zacks Equity Research
IBM is in advance talks to acquire cloud service provider HashiCorp. The potential buyout will boost IBM's hybrid cloud portfolio.
Amphenol's (APH) Q1 Earnings Beat Estimates, Revenues Up Y/Y
by Zacks Equity Research
Amphenol's (APH) Q1 results benefit from higher revenues across the commercial air, defense, automotive and IT datacom end-markets.
TE Connectivity (TEL) Q2 Earnings Beat Estimates, Sales Fall Y/Y
by Zacks Equity Research
TE Connectivity's (TEL) fiscal second-quarter results benefit from the strong margin expansion.
AT&T (T) Q1 Earnings Beat Estimates, Revenues Remain Flat Y/Y
by Zacks Equity Research
AT&T (T) surpasses first-quarter earnings estimates, backed by healthy 5G and fiber customer additions and strong cash flow.
Sonos (SONO) Redesigns Sonos App to Boost User Experience
by Zacks Equity Research
Sonos' (SONO) redesigned Sonos app will be made accessible worldwide through a software update for the S2 mobile app and through an all-new web app on May 7.
Onto Innovation (ONTO) Adds New Capability to Dragonfly System
by Zacks Equity Research
Onto Innovation's (ONTO) modern sub-surface inspection capability for the Dragonfly G3 sub-micron 2D/3D inspection and metrology platform aids in whole wafer inspection for detecting critical defects.
MSCI Q1 Earnings Beat, Recurring Subscriptions Rise Y/Y
by Zacks Equity Research
MSCI's first-quarter 2024 results benefit from strong growth in recurring subscription revenues.
Cadence (CDNS) Q1 Earnings Top Estimates, Revenues Down Y/Y
by Zacks Equity Research
Cadence's (CDNS) first-quarter performance is affected by weakness in the Product & Maintenance segment.
Best Buy (BBY) Rides on Membership Program, Health Services
by Zacks Equity Research
Best Buy's (BBY) strategic initiatives and operational efficiency enable it to excel in a tough market, setting the stage for sustained growth and enhanced competitiveness in the retail sector.
Descartes (DSGX) Acquires Aerospace Software Developments
by Zacks Equity Research
Descartes (DSGX) buys Aerospace Software Developments for EUR 57 million.
Intrusion (INTZ) Announces Purchase of Stake in Klever AI
by Zacks Equity Research
In an effort to boost Intrusion Shield technology and increase customer reach across multiple industries, Intrusion (INTZ) acquires a minority stake in Klever AI.
Time to Buy Meta Platforms (META) and Other Social Media Stocks as Earnings Approach?
by Shaun Pruitt
Although the broader advertising industry will not be immune to inflationary pressures among other economic headwinds, digital marketing has continued to strengthen making social media stocks attractive.