Author: franperez66q@protonmail.com
Microsoft shares slipped 2% on Wednesday after the software maker reported lower-than-expected capex even as earnings and revenue topped estimates.Here’s how the company did in comparison with LSEG consensus:Earnings per share: $4.27 adjusted vs. $4.06 expectedRevenue: $82.89 billion vs. $81.39 billion expectedMicrosoft’s revenue grew 18% year over year in the quarter, which ended on March 31, according to a statement.Net income of $31.78 billion, or $4.27 per share, was up from $25.82 billion, or $3.46 per share, in the same quarter a year earlier. Adjusted earnings exclude a $14 million decrease in net income from Microsoft’s OpenAI investments. Microsoft reported…
Mexico stocks lower at close of trade; S&P/BMV IPC down 0.26% Source link
Amazon on Wednesday posted better-than-expected earnings and revenue for the first quarter, and reported cloud sales that topped analysts’ expectations. The stock fell more than 3% in extended trading. Here’s how the company did, compared with estimates from analysts polled by LSEG:Earnings per share: $2.78 vs. $1.64Revenue: $181.52 vs. $177.30 billionWall Street was also looking at other key revenue numbers: Amazon Web Services: $37.59 billion vs. $36.64 billion, according to StreetAccountAdvertising: $17.24 billion vs. $16.87 billion, according to StreetAccountRevenue in Amazon’s cloud segment increased 28% year over year to $37.59 billion, marking its fastest growth in more than three years.…
U.S. Federal Reserve Chair Jerome Powell departs following his final press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S., April 29, 2026. Kevin Lamarque | ReutersHow do you change regimes when the head of the old one isn’t leaving?That will be the question facing Federal Reserve chair nominee Kevin Warsh next month once confirmed by the Senate, now that outgoing Chair Jerome Powell has confirmed he will stick around indefinitely as a voting member of the Fed’s Board of Governors.Powell’s decision to stay has little precedent in…
A trader works, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 29, 2026. Brendan McDermid | ReutersAs Federal Reserve Chair took the podium for what was probably his last press conference leading the central bank, investors began drawing conclusions on what his tenure has meant for Wall Street.Powell has served as chair of the board of governors since 2018. Kevin Warsh — Powell’s nominated successor who’s expected to take over next month —…
A Chipotle logo is displayed on a sign outside a restaurant on Jan. 9, 2026 in San Diego, CA.Kevin Carter | Getty ImagesChipotle Mexican Grill on Wednesday reported surprising same-store sales growth, signaling the burrito chain could be starting to put last year’s woes behind it. Shares of the restaurant company rose more than 1% in extended trading.Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: 24 cents adjusted, in line with expectationsRevenue: $3.09 billion vs. $3.07 billion expectedChipotle reported first-quarter net income of $302.8 million, or…
Amazon beats quarterly cloud growth estimates on strong AI demand Source link
Six months after its launch, research firm Antenna estimates that the Howdy streaming service has more than 1 million subscribers. Roku debuted Howdy in August. The subscription video-on-demand (SVOD) service is $3 per month and doesn’t have commercials. In an announcement today, Antenna estimated that almost 300,000 people signed up for Howdy in August and that the service gained 100,000 subscribers in each subsequent month. Roku initially only offered the service through The Roku Channel, which is Roku’s free ad-supported streaming television (FAST) service. People can also subscribe to non-Roku streaming services, like Apple TV and HBO Max, through The…
It comes after legislation to remove their right to sit in the upper chamber passed last month. Source link
U.S. President Donald Trump speaks during an event with Artemis II astronauts, NASA Commander Reid Wiseman, NASA Pilot Victor Glover, NASA Mission Specialist Christina Koch and Canadian Space Agency (CSA) Mission Specialist Jeremy Hansen, in the Oval Office at the White House in Washington, D.C., U.S., April 29, 2026. Evelyn Hockstein | ReutersPresident Donald Trump said Wednesday he strongly supports the United Arab Emirates’ decision to leave the international oil cartel OPEC, saying he believes the move will bring energy prices down.”I think it’s great,” Trump told reporters at the White House after meeting with Artemis II astronauts. UAE President…