Tag: jump

Ford sales jump in January, topping Toyota’s, but EV growth stalls

Ford (F) reported a strong start to the year in the US, with sales jumping in January and even topping those of Toyota (TM), last year’s sales king. However, electric vehicle sales suffered a setback. Ford reported January US sales climbed 4.3% to 152,617 vehicles, with the automaker’s US market share hitting 13.7%, up 0.3% […]

Meta shares jump more than 16% on solid earnings, stock buyback, and dividend plan

Shares of Meta Platforms (META) rocketed higher at the start of trading Friday, climbing more than 16% after the company posted better than expected earnings and guidance, and announced new shareholder return initiatives. For the fourth quarter, Meta reported adjusted earnings per share (EPS) of $5.33 on revenue of $40.11 billion. Analysts were anticipating adjusted […]

Super Micro shares jump after revenue forecast raise reignites AI rally

(Reuters) – Super Micro Computer shares rose nearly 11% before the bell on Tuesday after the artificial intelligence server maker delivered blowout quarterly results and raised its full-year revenue forecast significantly ahead of Wall Street estimates. The company, which counts NASA and Japan’s NEC among its customers, lifted its fiscal 2024 revenue forecast range to […]

Shares Jump On Better-Than-Expected Earnings, AI Push

IBM stock jumped late Wednesday after the tech giant reported better-than-expected fourth quarter results and touted the progress of its artificial intelligence products. X In a news release, IBM (IBM) said it earned an adjusted $3.87 per share on $17.4 billion in fourth-quarter sales. On average, analysts polled by FactSet expected the Armonk, N.Y.-based company […]

Eurostar records 22% jump in passenger numbers

Eurostar said its passenger numbers increased by more than a fifth last year. The rail operator said it carried 18.6 million passengers in 2023, a rise of 22 per cent on the previous 12 months and is a return to levels last seen in 2019 before the coronavirus pandemic.   Eurostar operates direct and indirect routes […]