Streetbeat News

Earnings

COST

Costco Wholesale Corp. reported mixed quarterly results, causing its stock to wobble. The results were not uniformly positive or negative, leading to uncertainty among investors.

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December 12, 2024 | 10:00 pm

MHUBF

MineHub Technologies Inc. will release its Q3 financial results on December 18, 2024, and host an investor webinar on December 19, 2024, to discuss the results.

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December 12, 2024 | 9:45 pm

AVGO

Broadcom has forecasted its first-quarter revenue to exceed Wall Street estimates, driven by strong demand for its AI chips and networking equipment from cloud providers investing in GenAI infrastructure.

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December 12, 2024 | 9:45 pm

AVGO

Broadcom Inc shares reached a record high following strong Q4 results, driven by increased demand for AI technology. The company reported $14.1 billion in revenue, meeting expectations, and exceeded earnings and EBITDA forecasts.

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December 12, 2024 | 9:45 pm

COST

Costco exceeded Wall Street's earnings and revenue expectations, driven by an increase in its annual membership fee.

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December 12, 2024 | 9:45 pm

COST

Costco Wholesale Corporation reported better-than-expected earnings for the first quarter of fiscal 2025, driven by strong revenue growth, e-commerce performance, and rising membership fees.

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December 12, 2024 | 9:45 pm

COST

Costco Wholesale Corporation announced its operating results for the first quarter of fiscal year 2025, ending November 24, 2024.

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December 12, 2024 | 9:30 pm

ADBE

AVGO

Adobe's stock fell following its Q4 results, with concerns about its AI capabilities. Investors are also watching Broadcom as it competes with Nvidia.

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December 12, 2024 | 9:30 pm

NX

Quanex Building Products reported its fourth quarter and full year 2024 results, highlighting the positive impact of its acquisition of Tyman. The acquisition contributed to margin expansion and allowed Quanex to repay $53.75 million of debt. The integration of Tyman is progressing ahead of schedule, with ongoing realization of synergies.

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December 12, 2024 | 9:30 pm

AVGO

Broadcom Inc. reported strong financial results for Q4 and fiscal year 2024, with a 51% increase in revenue compared to the previous year. The company also announced an 11% increase in its quarterly dividend and provided positive revenue guidance for Q1 fiscal year 2025.

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December 12, 2024 | 9:30 pm