SAP’s cloud revenue jumps 20% as European software giant ramps up rivalry with Salesforce

The logo of German software group SAP is pictured at its headquarters in Walldorf, Germany, May 12, 2016. Ralph Orlowski | Reuters German software giant SAP on Thursday posted a jump in revenue at its fast-growing cloud unit, which helped boost the company’s earnings performance in the third quarter. SAP’s third-quarter cloud revenue totalled roughly … Read more

Wall Street analysts expect strong earnings from Europe. Here are 25 of their top stock picks

Pedestrians walk past a German luxury fashion house Hugo Boss store in Shenzhen Bao’an International Airport. Alex Tai | SOPA Images | LightRocket | Getty Images) Leading investment banks have selected a slew of stocks ahead of third-quarter earnings in Europe, with Morgan Stanley analysts revealing their “high conviction” picks. Source link

Stocks making the biggest moves in the premarket: Procter & Gamble, Johnson & Johnson, Travelers and more

Take a look at some of the biggest movers in the premarket: Procter & Gamble (PG) – The consumer products giant beat estimates by 2 cents a share, with quarterly earnings of $1.61 per share. Revenue also topped Wall Street forecasts. P&G said it was facing increasing commodity and transportation costs, however, and its shares … Read more

Dow futures are little changed ahead of a big week of earnings

U.S. stock index futures were about unchanged during overnight trading on Sunday, after the major averages posted their best week in months amid a stronger-than-expected start to earnings season. Futures contracts tied to the Dow Jones Industrial Average shed just 23 points. S&P 500 futures lost 0.1%, while Nasdaq 100 futures lost 0.2%. The major … Read more

Earnings are the big catalyst for stocks in the week ahead, as Tesla and Netflix report

Traders work on the floor of the New York Stock Exchange (NYSE), September 21, 2021. Brendan McDermid | Reuters Stocks appear to have shaken off the often spooky trading pattern of October for now, and whether that continues could depend on earnings in the week ahead. Dozens of companies are reporting, from Netflix and Tesla … Read more

Stocks making the biggest moves premarket: UnitedHealth, Wells Fargo, Walgreens and more

Check out the companies making headlines before the bell: UnitedHealth (UNH) – The health insurer’s shares rose 2.2% in the premarket after beating on the top and bottom lines for the third quarter and raising its full-year earnings forecast. UnitedHealth earned $4.52 per share, 11 cents above consensus, helped by revenue gains at its Optum … Read more

JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the Bloomberg Global Business Forum in New York, U.S., on Wednesday, Sept. 25, 2019. Tiffany Hagler-Geard | Bloomberg | Getty Images JPMorgan Chase is scheduled to report third-quarter earnings before the opening bell Wednesday Here’s what Wall Street expects: Earnings: $3 per share, … Read more

Inflation gauge should be hot again in September, and for months ahead

Shoppers carry bags of purchased merchandise at the King of Prussia Mall, in King of Prussia, Pennsylvania, December 8, 2018. Mark Makela | Reuters Consumer inflation is expected to have flared higher in September, at the same rapid pace as August, and economists say there will likely be more hot numbers to follow. Economists expect … Read more