estimates

Earnings “McDonald’s Misses Profit Estimates – Customers Turning Picky”

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Los Angeles, CA – McDonald’s, the fast-food giant, experienced a rare miss in profits as customers became more selective in their dining choices. This unexpected turn of events has led to a decrease in sales for the popular chain. The earnings report revealed that diners are pulling back, particularly in the Middle East, where boycotts have impacted sales. Additionally, rising prices at McDonald’s have been pushing some customers away, further contributing to the profit miss. …

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AI Server Maker Super Micro Computer Expects Steady Demand, Beats Wall Street Estimates

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San Jose, California – Super Micro Computer, a leading AI server maker, reported third-quarter revenue below analysts’ estimates due to fierce competition in the server-making industry. Despite the setback, the company remains optimistic about its fourth-quarter revenue outlook, projecting it to exceed expectations driven by a steady demand for its AI servers. The company’s stock, which has experienced a significant increase in value this year, dropped nearly 8% in after-hours trading following the announcement of …

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Borrowing Update: Treasury’s Latest Marketable Debt Estimates Revealed

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Washington, D.C. – The U.S. Department of the Treasury revealed its latest projections for privately-held net marketable borrowing for the second and third quarters of 2024. In the April-June 2024 period, the Treasury anticipates borrowing $243 billion in privately-held net marketable debt, with an estimated end-of-June cash balance of $750 billion. This borrowing estimate represents a $41 billion increase from the previous announcement in January 2024, attributed to lower cash receipts offset by a higher …

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**Election Data:** How NBC News Estimates Expected Vote Counts

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Atlanta, Georgia – In the midst of an election season, understanding the concept of expected votes becomes crucial in analyzing the progress of electoral races. Expected votes refer to the projected total number of votes anticipated to be counted by the end of a race. This estimate is derived from various factors, including early voting turnout and on-the-ground reports from county election officials on Election Day. The figure for expected votes is subject to change …

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Oracle Corp. Surges 11% with Stabilizing Cloud Growth – Beat Wall Street Estimates!

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Austin, Texas – Oracle Corp. experienced a significant 11% surge in its stock prices, signifying a positive trend in its cloud computing division. The company reported a 25% increase in cloud revenue, exceeding Wall Street’s expectations at $5.1 billion. Of this revenue, $1.8 billion came from renting computing power and storage, while $3.3 billion originated from applications. Focusing on expanding its cloud infrastructure business, Oracle aims to compete with industry giants like Amazon.com Inc., Microsoft …

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Chip Demand Surges: South Korean Exports Beat Estimates, Up 4.8% in February!

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Seoul, South Korea – South Korea’s export growth surged in February due to robust demand for semiconductors, exceeding analysts’ expectations. Data from the South Korean government showed a 4.8% increase in exports compared to the previous year, reaching $52.41 billion. This growth in exports follows a strong January performance, indicating a positive trend in the country’s manufacturing sector. Conversely, imports fell by 13.1%, a steeper decline than anticipated. The rise in exports can be attributed …

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**South Korean Exports Surge 4.8% on Strong Chip Demand – Beats Estimates!**

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Seoul, South Korea – South Korean exports experienced a surge in growth in February, reaching $52.41 billion, a 4.8% increase from the previous year. This growth exceeded estimates and was primarily driven by the strong demand for semiconductors, according to preliminary government data. The increase in exports marked a significant improvement compared to the 18% growth recorded in January, while imports saw a steeper decline of 13.1%. Trinh Nguyen, a senior economist at Natixis, commented …

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Nvidia Beats Estimates and Leads Stock Market Rally; Lockout Market Rally Predictions

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NEW YORK – On Wednesday, Dow Jones futures remained stable, followed by flat S&P 500 futures and Nasdaq futures. Following the positive earnings from Dow giant Disney and chip IPO Arm Holdings, the stock market rally showed promising signs. The S&P 500 reached a new record high, edging closer to the 5000 level, while the Nasdaq hit a two-year high. However, despite the rally, the market seemed to be in a “lockout” phase for new …

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Arm’s Stock Surge Sends Shares Skyrocketing 41% After AI-Driven Forecast Beats Estimates!

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London, England – Arm Holdings, a British multinational semiconductor and software design company, saw a significant increase in its stock value following the release of its third-quarter financial results. The company’s forecast surpassed expectations, driven by the increasing demand for artificial intelligence (AI) technology, which has prompted chip upgrades. The surge in Arm’s stock value was fueled by the strong forecast provided by the chip designer, indicating substantial growth and signaling the pivotal role of …

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Meta Platforms Beats Analyst Estimates and Offers Strong Outlook for 2024 With New Dividend Payouts

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SAN FRANCISCO – Meta Platforms, the parent company of Facebook, reported impressive fourth-quarter earnings that exceeded analyst expectations. The company announced adjusted earnings per share of $5.33 on revenue of $40.11 billion, surpassing the anticipated $4.94 EPS on revenue of $39.01 billion. This has led to a surge in the company’s stock, with shares soaring by as much as 17% during premarket trading on Friday. In addition to strong financial performance, Meta also revealed new …

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