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Introduction A quarter has passed since I initiated a “Buy” rating on Organon & Co. (NYSE:OGN). In this time the stock has gained around 63% – that’s 7 times more than the return of the S&P 500 Index (SPX) (SPY) in the same period: Seeking Alpha, the author’s coverage of…
Block stock rose as much as 14% in extended trading Thursday after the payments company reported fourth-quarter earnings that beat analyst estimates on gross profit and showed strong growth in its Square and Cash App revenue.Here’s how the company did, compared to an analyst consensus from LSEG, formerly Refinitiv:Earnings per…
Shares of Volvo Cars dipped on Friday, after the company said it would dilute its stake in electric vehicle maker Polestar by distributing 62.7% of its holdings to its shareholders.The move would “enable Volvo Cars to concentrate its resources on the next phase of its transformation,” the company said in…
Brightcove Inc. (NASDAQ:BCOV) Q4 2023 Earnings Conference Call February 22, 2024 5:00 PM ET Company Participants Marc DeBevoise – CEO Rob Noreck – CFO Conference Call Participants Steve Frankel – Rosenblatt Securities Eric Martinuzzi – Lake Street Capital Rob Noreck Good afternoon and welcome to Brightcove’s Fourth Quarter and Full…
A cellular outage in the United States was reported by AT&T, T-Mobile, Verizon and other network users on Thursday, according to outage tracking website Downdetector.com.The number of reports of AT&T outages peaked at 31,931 at around 4:30 a.m. ET, according to data from Downdetector, which tracks outages by collating status…
Nvidia shares jumped more than 12% in premarket trade on Thursday after the chip giant posted bumper earnings that beat Wall Street estimates.The U.S. tech giant posted revenue of $22.10 billion for its fiscal fourth quarter, a rise of 265% year-on-year, while net income surged by 769%, as the company…
The Cheesecake Factory Incorporated (NASDAQ:CAKE) Q4 2023 Earnings Conference Call February 21, 2024 5:00 PM ET Corporate Participants Etienne Marcus – Vice President, Finance and Investor Relations David Overton – Chairman and Chief Executive Officer Matt Clark – Executive Vice President and Chief Financial Officer Conference Call Participants Brian Harbour…
LONDON — The U.K. logged a record £16.7 billion ($21.1 billion) net budget surplus in January, according to official figures released on Wednesday.The Office for National Statistics noted that the country’s public finances usually run a surplus in January, unlike during other months, as receipts from self-assessed annual income tax…
LONDON — British telecoms group BT said Wednesday it had agreed to sell London’s iconic BT Tower — once an important piece of network infrastructure — to developer MCR Hotels for £275 million ($346.6 million).The 189-meter structure has loomed over the capital city’s central Fitzrovia neighborhood since 1965, when it…
Amplitude, Inc. (NASDAQ:AMPL) Q4 2023 Earnings Conference Call February 20, 2024 5:00 PM ET Corporate Participants Yaoxian Chew – Vice President, Investor Relations Spenser Skates – Chief Executive Officer and Founder Criss Harms – Chief Financial Officer Conference Call Participants Koji Ikeda – Bank of America Taylor McGinnis – UBS…