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Tag: Solid

Disney posts solid 1Q results thanks to its theme parks and cost cuts

SAN FRANCISCO (AP) — The Walt Disney Co. on Wednesday posted stronger-than-expected earnings for the final three months of 2023, boosted by cost cuts and growing revenue from its theme parks business. Disney earned $1.91 billion, or $1.04 per share, in its fiscal first quarter. That’s up 49% from $1.28 billion, or 70 cents per […]

Nintendo reports solid profit following jump in Super Mario sales

Nintendo has reported healthy sales and profits on the back of the hit Super Mario Bros Wonder game, prompting the Japanese video games maker to raise its full fiscal year forecasts. Kyoto-based Nintendo said that demand for what it called the first completely new Super Mario game in the series remained strong. Sales of the […]

Meta stock jumps 20% on solid earnings, stock buyback, and dividend plan

Meta Platforms (META) stock rocketed higher on Friday, climbing more than 20% after the company posted better-than-expected earnings and guidance and announced new shareholder return initiatives. With Friday’s rally, the company was on pace to add more than $200 billion to its market cap, which would be a stock market record, according to Bloomberg data. […]

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 […]

North Korea claims test of solid fuel rocket with hypersonic warhead

The self-proclaimed nuclear power North Korea has reported that it has made further progress in the development of long-range missiles with hypersonic warheads. The missile authority successfully tested a medium-range missile with a new solid-fuel drive on Sunday, state media reported on Monday. The missile was loaded with a manoeuvrable hypersonic warhead. No details of […]

Is Solid Power a Buy After QuantumScape’s Massive News?

Investors have been concerned about slowing growth in electric vehicle (EV) sales. One reason is the lack of charging infrastructure. But battery maker Solid Power (NASDAQ: SLDP) is one of several companies that hopes to have a long-term solution. Solid Power shares popped today after fellow solid-state battery maker QuantumScape (NYSE: QS) announced some game-changing […]