Month: April 2021

In this article MSFT Microsoft shares moved 3% lower in extended trading Tuesday after the software maker announced fiscal third-quarter earnings and quarterly revenue guidance that came in stronger than analysts had expected. The company’s operating margin narrowed somewhat as cloud became a larger part of its business. Here’s how the company did: Earnings: $1.95
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In this article SBUX Starbucks’ president and CEO Kevin Johnson speaks during a press conference in Shanghai on August 2, 2018. AFP | Getty Images Starbucks is expected to report its fiscal second-quarter earnings after the bell on Tuesday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: 53 cents expected
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FatCamera Retirees concerned about inflation eroding the value of their money may want to consider hedging against the possibility. Treasury inflation-protected securities, or TIPS, could be an appropriate option.  Like typical Treasury bonds, TIPS are issued and backed by the U.S. government. However, they operate a bit differently. And depending on how you use them,
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CNBC’s Jim Cramer on Tuesday expressed some disappointment in Tesla‘s first-quarter earnings report and subsequent conference call. “I have to be somewhat critical. This was not the blowout quarter,” Cramer said on “Squawk on the Street,” describing the numbers released Monday by the electric vehicle maker as “very good” relative to certain industry peers. He
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BET founder Robert Johnson told CNBC on Tuesday he hopes corporate America will support efforts that boost Black Americans’ access to capital with the same vigor as many companies recently did around voting access. Johnson’s comments on “Squawk Box” came one day after the entrepreneur went public with a proposal that would give preferential tax
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In this article GOOGL Sundar Pichai, chief executive officer of Google Inc. Bloomberg | Getty Images Alphabet is set to report first quarter earnings after the bell Tuesday. Here’s what Wall Street is expecting: Earnings: $15.82 per share, according to Refinitiv Revenue: $51.70 billion, according to Refinitiv Google Cloud revenue: $4.07 billion, according to FactSet estimates
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Jeff Bezos and Elon Musk Getty Images Jeff Bezos‘ Blue Origin filed a protest with the Government Accountability Office against NASA on Monday, challenging the space agency’s award of a nearly $3 billion moon lander contract to Elon Musk’s SpaceX earlier this month. SpaceX, in a competition against Blue Origin and Leidos‘ subsidiary Dynetics, was
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Being named to UNESCO’s World Heritage List often brings worldwide acclaim, tourist revenue and access to international funding and expertise. But there are strings attached.   World Heritage sites are, in principle, inscribed “forever,” said Mechtild Rossler, director of the UNESCO World Heritage Centre, but countries have to do their part to protect and counteract
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Pedestrians wearing protective masks walk past a logo displayed at a HSBC bank branch in the central district of Hong Kong. Roy Liu| Bloomberg | Getty Images HSBC, Europe’s largest lender by assets, reported first-quarter pre-tax profits that beat estimates but reported revenue was down. The London-headquartered bank, which makes most of its revenue in
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Jugyeom, or nine times roasted bamboo salt, sometimes also known as purple bamboo salt, can cost almost $100 for an 8.5-ounce jar. To make bamboo salt, sea salt must be repeatedly roasted inside of bamboo at temperatures over 800 degrees celsius. The goal is to enrich the salt with minerals and to reduce toxicity. But
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