Microsoft Xbox, Sony PlayStation, Nintendo: Video game earnings round-up

Microsoft Xbox, Sony PlayStation, Nintendo: Video game earnings round-up

A gamer plays on Sony’s Playstation 5 console at his home in Seoul. Yelim Lee | AFP via Getty Images The giants of the video game world saw their sales slide in the second quarter, as the initial tailwinds from the Covid pandemic faded. In the three months ended June, Microsoft, Sony and Nintendo each … Read more

9 busy people share the best hacks for making the most of vacation time

9 busy people share the best hacks for making the most of vacation time

Americans are notorious for not taking a break. The average US worker took less than 12 days of vacation in 2021 — six fewer than the global average — according to Expedia’s latest Vacation Deprivation study of 14,500 working adults across 16 countries. Yet an overwhelming majority of workers say taking vacations makes them feel … Read more

What Cramer is watching Tuesday — oil outlook, Pinterest and Uber soar, Caterpillar stumbles

What Cramer is watching Tuesday — oil outlook, Pinterest and Uber soar, Caterpillar stumbles

What I am looking at Aug. 2, 2022 Is oil over? I thought it had staying power here but a chartist who called the West Texas Intermediate crude top at about $110 per barrel on “Mad Money,” Carley Garner, now says next stop is $85 to $80 range. WTI under $94 per barrel Tuesday morning … Read more

The week in review, the week ahead — July 29, 2022

The week in review, the week ahead — July 29, 2022

The major averages all gained for another winning week, capping the best month for stocks in 2022. It was also a week that perfectly exemplified why it’s often the expectations that matter far more than the actual numbers reported. On the macro front, in addition to a 75 basis point rate hike from the Federal … Read more

Intel (INTC) earnings Q2 2022

Intel (INTC) earnings Q2 2022

Intel shares sank as much as 10% in extended trading on Thursday after the chipmaker reported second-quarter results and quarterly and full-year guidance that fell short of analysts’ expectations. Here’s how the company did: Earnings: 29 cents per share, adjusted, vs. 70 cents per share as expected by analysts, according to Refinitiv. Revenue: $15.32 billion, … Read more

Apple Q3 2022 earnings preview: Macroeconomic concerns dominate

Apple Q3 2022 earnings preview: Macroeconomic concerns dominate

Tim Cook, chief executive officer of Apple Inc., speaks during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 6, 2022. David Paul Morris | Bloomberg | Getty Images Apple reports earnings on Thursday for the quarter ended in June. The third quarter of Apple’s fiscal year is … Read more

What Cramer is watching Tuesday — Walmart’s wreck, Dow stock earnings, big media downgrades

What Cramer is watching Tuesday — Walmart’s wreck, Dow stock earnings, big media downgrades

What I am looking at July 26, 2022 Club holding Walmart (WMT) screws up apparel again, announcing a big profit warning after the closing bell Monday. Have to ask does Walmart have a handle on things? Long a trusted name, is it time to give up on these guys? What’s the real culprit? Spending too … Read more

Microsoft earnings: It’s the forecast that matters, so be patient

Microsoft earnings: It’s the forecast that matters, so be patient

The most important financial news Microsoft Corp. executives will provide Tuesday requires a bit of a wait. Microsoft MSFT, -0.59% is scheduled to report fiscal fourth-quarter financial results after the bell, wrapping up yet another record year for profit and revenue, with annual earnings expected to increase nearly 20% and sales expected to produce roughly … Read more

Big Tech earnings are about to determine the direction of the market

Big Tech earnings are about to determine the direction of the market

Just five companies control nearly a quarter of the S&P 500 index’s market cap, and they will all report earnings this week that could determine the direction of the market for weeks or months to come. Amazon ripped off the Band-Aid three months ago, and it looks like some of its Big Tech cohorts may … Read more

Facebook’s stumbling ad business at the center of Big Tech earnings

Facebook’s stumbling ad business at the center of Big Tech earnings

The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Arnd Wiegmann | Reuters It’s earnings palooza week for Big Tech, with the four most valuable US companies plus Meta all reporting quarterly results. Alphabet and Microsoft kick off the action on Tuesday, with Apple and Amazon wrapping things up on Thursday. … Read more