Earnings Highlights for GameStop ($GME) in Q1 2024: 1. Adjusted Earnings per Share (EPS): Despite an estimated expectation of -$0.09, GameStop reported a lower adjusted […]
Tag: Q1 2024
Baidu Q1 2024 Earnings Report: Solid Revenue Growth, Strong AI Cloud Performance, and Increased Operational Efficiency
Baidu Q1 2024 Earnings Highlights Revenue:– Total Revenue: ¥31.5B (Est. ¥31.43B); UP +1% YoY Profit:– Adjusted Operating Profit: ¥6.67B (Est. ¥5.73B)– Adjusted Profit per ADS: […]
Michael Burry’s Q1’24 Portfolio Update: Major Moves and New Investments
Michael Burry has just filed a 13F for Q1 2024, updating his portfolio. He has significantly increased his Alibaba position by 66.6%, making it his […]
Alibaba’s Q1 2024 Revenue Surges 7% YoY to RMB221.87 Billion, Approves $4.0 Billion Dividend for FY24
Alibaba’s 4Q revenue reached 221.87 billion yuan, surpassing estimates of 219.79 billion yuan. The adjusted EBITDA for the same period was 30.81 billion yuan, exceeding […]
Tesla’s Q1 2024 Earnings Report: Mixed Results with Revenue Beat but Missed EPS and Free Cash Flow Concerns
Tesla’s earnings for Q1 2024 show an EPS of $0.45, slightly below the estimated $0.51. Revenue stood at $21.30 billion, Vs estimated $20.94 billion. GAAP […]
Meta’s Revenue Outlook Miss Sends Stock Plummeting 19% in After-Hours Trading
Meta, led by Mark Zuckerberg, experienced a sharp decline of up to 15% in after-hours trading following a Q2 revenue guidance miss. The company anticipates […]
US Office Vacancy Rates Reach Record High Amid Commercial Real Estate Crisis
In Q1 2024, the office vacancy rates in the United States reached a historical high, as reported by Moody’s. The vacancies rose to 19.8% from […]