Alphabet Inc. (NASDAQ: GOOG, GOOGL), the parent of Internet search giant Google, Tuesday reported higher revenue and earnings for the fourth quarter of 2024. Earnings exceeded Wall Street’s estimates. Alphabet’s consolidated revenues rose to $96.4 billion in the December quarter from $86.31 billion in the same period of fiscal 2023. The latest number fell short of expectations. Reflecting the strong top-line performance, fourth-quarter net income increased to $26.5 billion or $2.15 per share from $20.7 billion or $1.64 per share a year earlier. EPS surpassed estimates. Prior Performance The post GOOG Earnings: Alphabet’s Q4 2024 profit beats estimates; revenue up…
Author: MAK Gojar
Shares of PepsiCo, Inc. (NASDAQ: PEP) were down over 4% on Tuesday after the company delivered mixed results for the fourth quarter of 2024. Earnings beat expectations while revenue came below estimates. The beverages giant faced challenges across both its segments which impacted its quarterly performance. Looking ahead, it expects its international business to remain resilient and its North America business to improve in the coming fiscal year. Mixed results In Q4 2024, PepsiCo’s revenues remained relatively flat year-over-year at $27.78 billion but missed estimates of $27.9 billion. Organic revenue growth was 2.1%. GAAP earnings increased 17% to $1.11 per…
Chipmaker Advanced Micro Devices, Inc. (NASDAQ: AMD) on Tuesday announced financial results for the fourth quarter of 2024. Fourth-quarter earnings, on an adjusted basis, were $1.09 per share, compared to $0.77 per share in the same period of 2023. On a reported basis, net income was $482 million or $0.29 per share in Q4, compared to $667 million or $0.41 per share in the prior-year period. The company reported revenues of $7.66 billion for the December quarter, compared to $6.17 billion in the comparable period in the prior year. Prior Performance The post Earnings: Highlights of AMD’s Q4 2024 report…
The Walt Disney Company (NYSE: DIS) reported its first quarter 2025 earnings results today. Revenues increased 5% year-over-year to $24.7 billion. Net income attributable to The Walt Disney Company grew to $2.55 billion, or $1.40 per share, from $1.91 billion, or $1.04 per share, last year. Adjusted EPS rose 44% to $1.76. Revenue and earnings beat expectations, sending the stock rising over 2% in premarket hours on Wednesday. For fiscal year 2025, the company expects high single digit adjusted EPS growth compared to FY2024. Prior performance The post DIS Earnings: Key quarterly highlights from Disney’s Q1 2025 financial…
Uber Technologies, Inc. (NYSE: UBER) reported its fourth quarter 2024 earnings results today. Revenue grew 20% year-over-year to $12 billion, or 21% on a constant currency basis. Net income attributable to Uber Technologies, Inc. was $6.9 billion, or $3.21 per share, compared to $1.4 billion, or $0.66 per share, last year. Gross bookings grew 18% YoY to $44.2 billion, or 21% on a constant currency basis. For the first quarter of 2025, the company expects gross bookings to grow 17-21% YoY on a constant currency basis. Prior performance The post Uber Technologies (UBER) Q4 2024 Earnings: Key financials and quarterly…
Electronic Arts Inc. (NASDAQ: EA) reported net revenue of $1.88 billion for the third quarter of 2025, down 3% year-over-year. Net income rose 1% to $293 million and earnings per share grew 4% to $1.11 compared to last year. Net bookings for the quarter totaled $2.215 billion. For the fourth quarter of 2025, EA expects net revenues of approx. $1.68-1.83 billion and EPS of approx. $0.65-1.00. For fiscal year 2025, the company expects net revenue of $7.25-7.40 billion and EPS of $3.90-4.25. Prior performance The post Electronic Arts (EA) Earnings: 3Q25 Key Numbers first appeared on AlphaStreet. Electronic Arts Inc.…
Motorcycle manufacturer Harley-Davidson Inc. (NYSE: HOG) reported a net loss for the fourth quarter of 2024 as its sales declined amid weak demand. The company reported a net loss of $117 million or $0.93 per share in the December quarter, compared to a profit of $26 million or $0.18 per share in the comparable period of last year. The bottom line was negatively impacted by a 35% drop in total revenues to $688 billion during the three months. There was a 53% fall in motorcycle shipment units. Prior Performance The post HOG Earnings: Harley-Davidson slips to loss in Q4 as…
Snap Inc. (NYSE: SNAP) reported revenues of $1.55 billion for the fourth quarter of 2024, up 14% year-over-year. Net income was $9 million, or $0.01 per share, compared to a net loss of $248 million, or $0.15 per share, in the prior-year quarter. Adjusted EPS doubled YoY to $0.16. Daily active users (DAUs) were 453 million, up 9% year-over-year. For the first quarter of 2025, Snap expects revenues of $1.32-1.36 billion and DAUs of approx. 459 million. Prior performance The post Infographic: How Snap (SNAP) performed in Q4 2024 first appeared on AlphaStreet. Snap Inc. (NYSE: SNAP) reported revenues of…
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Motorcycle manufacturer Harley-Davidson Inc. (NYSE: HOG) reported a net loss for the fourth quarter of 2024 as its sales declined amid weak demand. The company reported a net loss of $117 million or $0.93 per share in the December quarter, compared to a profit of $26 million or $0.18 per share in the comparable period of last year. The bottom line was negatively impacted by a 35% drop in total revenues to $688 billion during the three months. There was a 53% fall in motorcycle shipment units. Prior Performance The post HOG Earnings: Harley-Davidson slips to loss in Q4 as…
President Xi Jinping and his US counterpart Donald Trump struck an upbeat, cooperative tone on Thursday on many key bilateral and regional issues, including the Korean Peninsula and trade. President Xi Jinping and his US counterpart Donald Trump struck an upbeat, cooperative tone on Thursday on many key bilateral and regional issues, including the Korean Peninsula and trade. President Xi Jinping and his US counterpart Donald Trump struck an upbeat, cooperative tone on Thursday on many key bilateral and regional issues, including the Korean Peninsula and trade.
Argentina’s president has ordered the country’s withdrawal from the World Health Organization due to “profound differences” with the U.N. agency, a presidential spokesperson said Wednesday. President Javier Milei’s decision echoes that of his ally, U.S. President Donald Trump, who began the process of pulling the United States out of WHO with an executive order on his first day back in office on Jan. 21. The loss of another member country will further fracture cooperation in global health, though Argentina was expected to provide only about $8 million to WHO for the agency’s estimated $6.9 billion 2024-2025 budget. Argentina’s decision is…
This summer’s action-packed monster movie Jurassic World: Rebirth has released its first trailer and glimpse into the latest film in the franchise, starring Jonathan Bailey, Scarlett Johansson and Mahershala Ali among others. The fourth film in the Jurassic World series will follow a team of scientists and others whose main objective is to acquire genetic […]This summer’s action-packed monster movie Jurassic World: Rebirth has released its first trailer and glimpse into the latest film in the franchise, starring Jonathan Bailey, Scarlett Johansson and Mahershala Ali among others. The fourth film in the Jurassic World series will follow a team of…
A group that played a key role in Donald Trump’s voter outreach to the Arab American community alongside his allies is rebranding itself after the president said that the U.S. would “take over” the Gaza Strip. Bishara Bahbah, chairman of the group formerly known as Arab Americans for Trump, said during a phone interview with The Associated Press on Wednesday that the group would now be called Arab Americans for Peace. The name change came after Trump held a Tuesday press conference alongside Israeli Prime Minister Benjamin Netanyahu at the White House and proposed the U.S. take “ownership” in redeveloping…
A U.S. Coast Guard crew caught a Chinese migrant apparently trying to come into the country in an unusual way — via paddleboard. Leer en español According to a post on X, the social media platform formerly known as Twitter, the crew on Coast Guard cutter Seahorse spotted the migrant paddling about 25 miles off the coast of Freeport, Bahamas on Tuesday. Video and photos show the man with an oar on top of two paddleboards tied together. He also tied pieces of luggage to the makeshift vessel. In the video, the man waves at the Coast Guard crew. Video:…
British architect Liam O’Connor is the winner of this year’s Driehaus Prize from the University of Notre Dame — the award of $200,000 is the largest cash prize in the world of architecture. O’Connor is best known for his modern takes on war memorials and other public memorials, including the Commonwealth Memorial Gates in London, inaugurated in 2002 as a memorial for soldiers who served in the World Wars, and 2021’s British Normandy Memorial in France. “The jury acknowledged his lifelong dedication to the design of a body of excellent new traditional public and private buildings and civic monuments —…
President Donald Trump’s stunning proposal to forcibly transfer hundreds of thousands of Palestinians out of the Gaza Strip and develop it as a tourist destination faces major obstacles. The Palestinians and many others view such plans as an attempt to drive them from their homeland after Israel’s 15-month offensive against Hamas rendered much of it uninhabitable. It was also seen as an attempt to liquidate their decades-long struggle for a state, which has wide international support. Arab countries, including Egypt and Jordan — close U.S. allies at peace with Israel — have condemned such plans and roundly rejected Trump’s suggestion…
After doctor’s office visits for flu dipped early this year, they jumped past the previous season peak at the end of last month, with a 30% test positivity rate — and there are still months to go. New at-home tests can make it easier to learn what germ might be making you sick. (SimpleImages/Moment RF/Getty Images via CNN) By Neha Mukherjee | CNN The United States is seeing a second peak in flu cases this season. After doctor’s office visits for flu dipped early this year, they jumped past the previous season peak at the end of last month, with…
After a week of uncertainty for Illinois hospitals and clinics over an executive order seeking to end gender-affirming care for minors, the Illinois attorney general issued a statement Wednesday saying the state will protect such care. The statement, from Attorney General Kwame Raoul and the attorneys general of 14 other states, says that federal dollars remain available to institutions that provide gender-affirming care, and that Illinois and the other states will take legal action if that funding is halted. “State attorneys general will continue to enforce state laws that provide access to gender-affirming care, in states where such enforcement authority…
SportsLine’s model just revealed its NBA picks for the Utah Jazz vs. Golden State Warriors on Wednesday night SportsLine’s model just revealed its NBA picks for the Utah Jazz vs. Golden State Warriors on Wednesday night USATSI The Utah Jazz (11-37) will wrap up their four-game homestand when they host the Golden State Warriors (25-24) on Wednesday night. Utah picked up a 113-99 win over Orlando on Saturday before losing to Indiana in a 112-111 final on Monday. Golden State got back above the .500 mark this season with a 104-99 win over Orlando on Monday. These teams just met…