Expectations for the second quarter are relatively strong

Expectations for the second quarter are relatively strong

Intel CEO Bob Swan is staying mostly upbeat on the path forward for the tech giant this year. “So we had an outstanding first quarter. Our expectations for the second quarter are relatively strong. And our outlook for the second half is honestly, it’s a bit cloudy in light of how these global pandemic impacts […]
Snap 1Q daily active users, revenue top expectations

Snap 1Q daily active users, revenue top expectations

Snap (SNAP), the parent company of photo-sharing app Snapchat, reported first-quarter user growth that exceeded consensus expectations, as stay-in-place orders amid the coronavirus pandemic contributed to heightened user activity. Here were the main results from the...
Nike 3Q earnings meet expectations, sales beat estimates

Nike 3Q earnings meet expectations, sales beat estimates

Nike (NKE) reported fiscal third-quarter sales that topped expectations and in-line earnings results, reflecting still-strong fundamentals through February even as the coronavirus outbreak generated a host of disruptions for the athletic-wear maker. Here were the main...