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Microsoft Corp. (NYSE: MSFT) will report its fiscal Q3 2024 earnings, with analysts expecting $2.83 EPS and $60.769B revenue. Goldman Sachs has a $450 price target and calls Microsoft one of the most compelling investment opportunities in the tech industry.
3 IPOs Blockbuster, 1 Muted: How 4 IPO Listings Did Today, What Should Investors Do Now? Among the 4 IPOs that were listed today, Fedbank Financial Services IPO was the only disappointing debut on the stock markets
Share: Lululemon Athletica Inc (NASDAQ: LULU) shares traded higher by 3.2% on Friday after the company reported an aggressive rebound in sales and store traffic in the first quarter. Lululemon reported first-quarter adjusted EPS of $1.16 on revenue of $1.23 billion. Both numbers topped consensus analyst estimates of 91 cents and $1.13 billion, respectively. Revenue was up 88% from a year ago. Lululemon’s sales were up 57% compared to the same quarter in 2019, before last year’s COVID-19 pandemic. Direct-to-consumer sales were up 55% to $545.1 million. North American sales were up 82%, whi...
UiPath Inc (NYSE: PATH) shares are up more than 20% since the company priced its April IPO at $56. UiPath automates repetitive workplace processes. The company reported $607.6 million in revenue in the last fiscal year, up 81% year-over-year. At the same time, UiPath’s net loss narrowed from... Read More...
Shares of Salesforce.com, inc. (NASDAQ: CRM) jumped 5.43% on Friday after the company reported accelerating growth in the first quarter and issued ...