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U.S. stocks clawed back from steep losses to close mixed on Wednesday after lackluster forecasts from Microsoft and other companies reporting earnings weighed on the market for much of the session.
The social media giant reported a rise in first-quarter earnings to 513 million US dollars (£405 million), but revenues missed forecasts.
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For premium support please call: 800-290-4726 more ways to reach us. Sign in. ... Stock market news live updates: Stocks close higher as investors await more earnings results, inflation data ...
An earnings call is a teleconference, or webcast, in which a public company discusses the financial results of a reporting period ("earnings guidance"). The name comes from earnings per share (EPS), the bottom line number in the income statement divided by the number of shares outstanding.
Stock market news live updates: Stocks close mixed as rally wanes, earnings pour in ... The earnings season has been off to a milder start. The fourth-quarter net profit margin for the S&P 500 so ...
U.S. stocks rose on Monday to begin a key week in which Wall Street awaits earnings from some of the market’s biggest players.. The S&P 500 climbed about 1.2% while the Dow Jones Industrial ...
U.S. stocks rallied Thursday as investors digested the release of gross domestic product data and another round of corporate earnings. The S&P 500 increased by 1.1%, while the Dow Jones Industrial ...