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Gilead Sciences shares gain after topping expectations despite lower remdesivir sales By Investing.com

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[ad_1] © Reuters Gilead Sciences shares gain after topping expectations despite lower remdesivir sales By Sam Boughedda Gilead Sciences (NASDAQ:) shares rallied in early Friday trading in reaction to the company’s latest earnings report, which saw it beat top and bottom-line consensus expectations. The biopharmaceutical company posted fourth-quarter of $1.67 per share, $0.17 above the … Read more

Upstart Holdings downgraded to Hold at Loop Capital as share price reaches target By Investing.com

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[ad_1] © Reuters By Michael Elkins  Loop Capital downgraded Upstart Holdings (NASDAQ:) to a Hold rating (From Buy) after the company’s shares reached Loop Capital’s reiterated $24.00 price target. The shares of UPST have rallied 80% YTD, and analysts suspect a potential near-term pause in and UPST’s current estimated short interest of 38% played a role … Read more

Bill.com tumbles 20% on fading TPV momentum, earns 3 downgrades By Investing.com

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[ad_1] © Reuters. Bill.com (BILL) tumbles 20% on fading TPV momentum, earns 3 downgrades By Senad Karaahmetovic Bill.com (NYSE:) shares are trading sharply lower in pre-market Friday after the California-based company offered disappointing guidance for the back end of the year. For its second quarter, Bill.com EPS of $0.42 on revenue of $260 million, easily … Read more

Amazon shares dip after hours on weaker-than-expected cloud revenue By Investing.com

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[ad_1] © Reuters By Liz Moyer and Scott Kanowsky Investing.com — Amazon.com Inc (NASDAQ:) beat revenue expectations for the fourth quarter but top-line results from its key cloud business, Amazon Web Services, were slightly weaker than expected. Shares of the e-commerce giant fell 6% in after-hours trading. of $149.2 billion was 8.5% higher than the … Read more

Japan stocks higher at close of trade; Nikkei 225 up 0.40% By Investing.com

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[ad_1] © Reuters. Japan stocks higher at close of trade; Nikkei 225 up 0.40% Investing.com – Japan stocks were higher after the close on Friday, as gains in the , and sectors led shares higher. At the close in Tokyo, the rose 0.40% to hit a new 1-month high. The best performers of the session … Read more

Amazon.com earnings missed by $0.14, revenue topped estimates By Investing.com

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[ad_1] Amazon.com earnings missed by $0.14, revenue topped estimates Investing.com – Amazon.com (NASDAQ: AMZN) reported fourth quarter EPS of $0.03, $0.14 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $149.2B versus the consensus estimate of $145.64B. Guidance Amazon.com sees Q1 2023 revenue of $121.00B-$126.00B versus the analyst consensus of … Read more

Natural gas ends a tad lower after bigger-than-expected storage draw By Investing.com

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[ad_1] © Reuters. By Barani Krishnan Investing.com — Utilities drew a higher-than-forecast 151 bcf, or billion cubic feet, from U.S. for heating and electricity generation last week, according to government data that helped the market settled above 22-month lows. Analysts tracked by Investing.com had expected the EIA, or Energy Information Administration, to report a draw … Read more