Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube, or wherever you find your favorite podcasts. Nvidia (NVDA) deserves to be a top long-term portfolio holding in part because of its lucrative profit margins, one veteran investor says. “I don’t have any company with operating margins as fat as Nvidia — they’re ridiculous,”…
HanesBrands board of directors has started the process of finding a new CEO (chief executive) and has engaged the services of consultancy Spencer Stuart to assist in identifying suitable candidates for the role. The upcoming CEO transition comes as the company’s quarterly and annual performance outpaced projected key indicators, signalling the effective implementation of its…
By Nathan Vifflin and Toby Sterling (Reuters) -Computer chip maker STMicroelectronics pushed back its long-term financial targets on Wednesday, saying its future remains bright but a downturn in its key automotive and industrial markets is dragging on into 2025. ST, one of Europe’s largest semiconductor firms, now expects to hit annual revenue of $20 billion…
We came across a bullish thesis on Palantir Technologies Inc. (PLTR) on Substack by Antonio Linares. In this article, we will summarize the bulls’ thesis on PLTR. Palantir Technologies Inc. (PLTR)’s share was trading at $59.18 as of Nov 14th. PLTR’s trailing and forward P/E were 303.50 and 131.58 respectively according to Yahoo Finance. Box, Inc. (NYSE:BOX)…
Applied Materials, Inc. Quarterly revenue $7.05 billion, up 5 percent year over year Quarterly GAAP EPS $2.09 and non-GAAP EPS $2.32, down 12 percent and up 9 percent year over year, respectively Annual revenue $27.18 billion, up 2 percent year over year Annual GAAP EPS $8.61 and non-GAAP EPS $8.65, up 6 percent and 7…
Shares of project management software maker Monday.com (NASDAQ:MNDY) fell 18.3% in the morning session after the company reported underwhelming third-quarter financial results, with sales in line with analysts’ estimates. Similarly, revenue guidance for the next quarter was also mostly in line with expectations. Notably, the muted sales guidance for the next quarter implied revenue growth…
Luxury electric car manufacturer Lucid (NASDAQ:LCID) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 45.2% year on year to $200 million. Its non-GAAP loss of $0.28 per share was 9.7% above analysts’ consensus estimates. Is now the time to buy Lucid? Find out in our full research report. Revenue: $200 million vs…
Consolidated Revenue: $22.2 billion, an increase of 5.6% year-over-year. Consolidated Operating Profit: $2 billion, up 22.8% from last year. Consolidated Operating Margin: 8.9%, an increase of 120 basis points compared to last year. Diluted Earnings Per Share: $1.76, up 12.1% from the third quarter of 2023. US Domestic Revenue: $14.5 billion, up 5.8% year-over-year. US…
Revenue: USD23.5 billion for Q3 2024, above guidance. Revenue Growth: 12.8% sequential increase in NT. Gross Margin: 57.8%, increased by 4.6 percentage points sequentially. Operating Margin: 47.5%, increased by 5 percentage points sequentially. EPS: TWD12.54 for Q3 2024. ROE: 33.4% for Q3 2024. Cash and Marketable Securities: TWD2.2 trillion (USD69 billion) at the end of…
Release Date: October 17, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Netflix Inc (NASDAQ:NFLX) reported a strong financial performance with a 15% revenue growth and a 6-percentage-point improvement in operating margin for 2024. The company has maintained healthy engagement levels, with about two…