29 April

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Apple soars past sales, profit targets with strong iPhone demand, warns of chip shortages By Reuters

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By Stephen Nellis (Reuters) - Apple Inc (NASDAQ:AAPL) on Wednesday posted sales and profits ahead of Wall Street expectations fueled by 5G iPhone upgrades but warned a global chip shortage could dent iPads and Mac sales by several billion dollars. Fiscal second-quarter sales to China nearly doubled and results topped analyst targets in every category, led by $6.5 billion more in iPhone sales than predicted and Mac sales about a third higher than estimates. Apple also announced a $90 billion share buyback, a day after Alphabet (NASDAQ:GOOGL) Inc promised to repurchase $50 billion in stock....

29 April

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Facebook benefits from pandemic ad spending but Apple could spoil its party By Reuters

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By Sheila Dang, Elizabeth Culliford and Noor Zainab Hussain (Reuters) - Facebook Inc (NASDAQ:FB) beat Wall Street expectations for both quarterly revenue and profit on Wednesday but warned that growth later this year could "significantly" decline as new Apple Inc (NASDAQ:AAPL) privacy policies will make it more difficult to target ads. A surge in digital ad spending during the pandemic when consumers shopped online, along with higher ad prices, helped Facebook revenue surge 48%. Looking ahead, the world's largest social network said it will focus on building e-commerce features to expand beyond its ad...

29 April

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U.N. agency says UK to cut 85% in aid to UN family planning programme By Reuters

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By Kanishka Singh (Reuters) - The United Kingdom aims to cut about 85% in aid to a United Nations family planning programme in the world's poorest nations, the U.N. sexual and reproductive health agency UNFPA said late on Wednesday, describing the step as "devastating". An initial commitment by the UK to spend 154 million pounds ($214.58 million) on UNFPA Supplies this year will be shrunk to just 23 million pounds, according to the United Nations Population Fund (UNFPA). The UNFPA Supplies is the agency's flagship programme for family planning. "These cuts will be devastating for...

29 April

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Hologic Earnings miss, Revenue Inline In Q2 By Investing.com

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Hologic reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that was inline with expectations. Hologic announced earnings per share of $2.59 on revenue of $1.54B. Analysts polled by Investing.com anticipated EPS of $2.61 on revenue of $1.54B. Hologic shares are down 10% from the beginning of the year and are trading at $63.00 , down-from-52-week-high.They are under-performing the S&P 500 which is up 11.41% from the start of the year. Hologic shares lost 13.00% in after-hours trade the report. Hologic follows other major Healthcare sector earnings this month Hologic's...

29 April

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Facebook Delivers Q1 Earnings Beat as Ad Revenue Jumps 46% By Investing.com

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By Yasin Ebrahim Facebook reported Wednesday first-quarter results that topped analysts expectations after racking in advertising revenue. Facebook Inc (NASDAQ:FB) rose more 5% in after-hours trade following the news. Facebook reported Q1 EPS of $3.30 on revenue of $26.17 billion, topping estimates for EPS of $2.33 on revenue of $23.63 billion. Advertising revenue rose 46%, while other revenues jumped 146% to $732M. Daily active users (DAUs) rose 8% to 1.88 billion, above expectations for a rise to 189 billion. Monthly active users (MAUs) rose 10% to 2.85 billion, above the 2.86...

29 April

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Uber to sign up 20,000 more UK drivers as COVID rules ease By Reuters

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LONDON (Reuters) - Uber (NYSE:UBER) aims to sign up an additional 20,000 more drivers in Britain as the lifting of COVID-19 restrictions boosts demand, the ride-hailing app said on Thursday. The Silicon Valley-based firm has already seen a more than 50% increase in trips after restaurants were allowed to reopen for outdoor dining from April 12 in England, it said. Further restrictions are due to be eased over the next few weeks and months as Prime Minister Boris Johnson's government pursues a roadmap to unlock the economy. In March, Uber gave its existing 70,000 drivers...

29 April

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Britain imposes 85% aid cut to UN family planning programme -Sky News By Reuters

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(Reuters) - The United Kingdom has imposed a cut of about 85% in aid to a United Nations family planning programme in the world's poorest nations, Sky News reported https:// late on Wednesday. An initial commitment to spent 155 million pounds ($215.99 million) this year has been shrunk to just 23 million pounds, according to the report, which cited the United Nations Population Fund's (UNFPA) initiative. ($1 = 0.7176 pounds) ...

29 April

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Apple Earnings, Revenue beat in Q2 By Investing.com

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Apple reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations. Apple announced earnings per share of $1.4 on revenue of $89.58B. Analysts polled by Investing.com anticipated EPS of $0.983 on revenue of $76.71B. Apple shares (NASDAQ:AAPL) are down 0% from the beginning of the year and are trading at $137.66 , down-from-52-week-high.They are under-performing the Dow Jones which is up 10.5% from the start of the year. Apple shares gained 3.05% in after-hours trade the report. Apple follows other major Technology sector earnings this month Apple's report...

29 April

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O’Reilly Automotive Earnings, Revenue beat in Q1 By Investing.com

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O’Reilly Automotive reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations. O’Reilly Automotive announced earnings per share of $7.06 on revenue of $3.09B. Analysts polled by Investing.com anticipated EPS of $5.34 on revenue of $2.83B. O’Reilly Automotive shares are up 14% from the beginning of the year and are trading at $529.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.37% from the start of the year. O’Reilly Automotive shares gained 0.01% in after-hours trade the report. O’Reilly Automotive follows other major Consumer Cyclical sector earnings...

29 April

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Apple Delivers Blowout Q1, Lifts Buybacks by $90B; Shares Surge By Investing.com

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By Yasin Ebrahim Apple reported Wednesday better-than-expected first-quarter results as revenue hit a record high following a surge in services and iPhones growth. Apple said it would increase its existing share buyback program by $90 billion. Apple (NASDAQ:AAPL) shares gained 4% in after-hours trade following the report. Apple announced earnings per share of $1.40 on revenue of $89.58 billion. Analysts polled by Investing.com anticipated EPS of 98 cents on revenue of $76.71 billion. iPhone revenue, which makes up about half of total revenue, rose to $47.94. billion from $28.96 billion a year earlier, beating estimates of...

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Apple soars past sales, profit targets with strong iPhone demand, warns of chip shortages By Reuters

Facebook benefits from pandemic ad spending but Apple could spoil its party By Reuters

U.N. agency says UK to cut 85% in aid to UN family planning programme By Reuters

Hologic Earnings miss, Revenue Inline In Q2 By Investing.com

Facebook Delivers Q1 Earnings Beat as Ad Revenue Jumps 46% By Investing.com

Uber to sign up 20,000 more UK drivers as COVID rules ease By Reuters

Britain imposes 85% aid cut to UN family planning programme -Sky News By Reuters

Apple Earnings, Revenue beat in Q2 By Investing.com

O’Reilly Automotive Earnings, Revenue beat in Q1 By Investing.com

Apple Delivers Blowout Q1, Lifts Buybacks by $90B; Shares Surge By Investing.com

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