Loading...

Highlights of the day: 4 May

July 17, 2023
26
117
0
FinMeUp
Author
FinMeUp

FinMeUp highlights of the day


AMD: Q1 Earnings
- Revenue: $5.9 billion vs $5.52 billion expected by analysts.
- EPS: $1.13 vs $0.90 expected by analysts.
- This is the first time ever that AMD reported over $5 billion in a single quarter.
- The acquisition of top programmable-chip developer, Xilinx, contributed $559M to revenue.
- These earnings show that key products are taking market share from Intel.
- Finished the first quarter with more than $6.5 billion of cash and cash equivalents.

Airbnb: Q1 Earnings
- Revenue: $1.51 billion vs $1.45 billion expected.
- Revenues grew 70% compared to the same period a year ago.
- Loss per share: 3 cents vs 29 cents expected by analysts.
- Airbnb reported 102.1 million nights and experiences booked in the first quarter, surpassing pre-pandemic levels and beating expectations.
- CEO Brian Chesky says 170,000 people booked 600,000 nights in Ukraine to provide hosts with $20 million in financial relief

Uber: Q1 Earnings
- EPS: -$3.04 v -$0.28 Expected by analysts.
- Revenue: $6.85 billion vs. $6.13 billion estimated by analysts.
- Revenue increased by 136% year over year, as the company is recovering from Covid-19 lows.
- Uber reported 1.71 billion trips on the platform during the quarter, which is up 18% from the same quarter a year ago.
- Shares are down 8% after earnings.

Moderna Q1 Earnings
- Revenue: $6.07B v $4.50B Expected by analysts.
- EPS: $8.58 v $5.18 Expected by analysts.
- Moderna CEO said that it is possible that the US government won't require booster doses in the fall.

Biggest winners and losers: 

JSE
- PSG Konsult +2.12%
- Thungela -9.86% (sell-off continues)

US
- Starbucks +5.85%
- Skyworks Solutions -10.73% 

Crypto
- Bitcoin +1.4%
- Ethereum +0.6%
- ADA +4.6%


Related Tags:
1 min read
Share this article:

Related Articles

All articles
Top