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Tag: Earnings 2018

Mark Zuckerberg: Facebook won’t merge the backends of WhatsApp, Messenger, and Instagram until at least 2020

Mark Zuckerberg laid particular emphasis on rolling out end-to-end encryption on the new amalgamated Facebook service.
Goldman Sachs CEO David Solomon.

Goldman Sachs just had a blowout 4th quarter thanks to its investing business

Goldman Sachs handily beat earnings and revenue expectations during the fourth quarter.

JPMorgan just posted its worst bond trading results since the financial crisis

It was a rare miss from JPMorgan — the first time in 10 quarters— and was driven by lower-than-expected revenue in the firm's investment bank.
Jeff Lawson, (C) Founder, CEO, & Chairman of Communications software provider Twilio Inc., rings the opening bell to celebrate his company's IPO at the New York Stock Exchange (NYSE) in New York City, U.S., June 23, 2016.

$9 billion cloud-communications company Twilio soars 35 % after reporting a huge beat on earnings

The $9 billion cloud communications platform Twilio saw its stock surge after it posted earnings. Here's what Twilio reported.
Satya Nadella, the CEO of Microsoft.

Microsoft’s results beat Wall Street on the top and bottom lines — but it reported disappointing Azure sales

Microsoft's fiscal first-quarter revenue and profits topped analysts' expectations.
Reed Hastings, CEO of Netflix

Netflix’s 3rd-quarter earnings blow through Wall Street’s expectations

The streaming-media giant topped analysts' earnings forecasts by 21 cents a share.

Bank earnings are over — here’s a scorecard of how JPMorgan, Goldman Sachs, Citi, Morgan Stanley, and Bank of America stacked up

BI PRIME: Third-quarter earnings at the big US banks are over. How did JPMorgan, Goldman Sachs, Citi, Morgan Stanley, and Bank of America stack up against each other? Capital markets consultancy Opimas has a scorecard breaking it down.
Brian Moynihan, CEO of Bank of America Merrill Lynch.

Bank of America beats expectations as quarterly profits soar 32%

Bank of America Merrill Lynch reported third-quarter earnings Monday, beating expectations and boosting profits by 32%.

Citi beats, profits jump 12%

Citigroup reported third-quarter earnings of $1.73 per share, beating analyst expectations.

Nike tanks after earnings as gross margins miss expectations

Analysts are reading the earnings release and listening to the call for details on how several notable events impacted Nike's third-quarter performance, including the FIFA World Cup, investments in online stores, and the controversial Colin Kaepernick ad.