This July, Coinbase, Qualcomm, Adobe, Meta, and Airbnb are standout growth stocks. Each company shows strong financial health and strategic initiatives. Coinbase's robust revenue growth, Qualcomm's AI advancements, Adobe's AI and cloud focus, Meta's significant AI investments, and Airbnb's market expansion highlight their potential for substantial returns. These stocks offer promising opportunities for growth-oriented investors.
Shares of Airbnb Inc. jumped as much as 12% in extended trading Tuesday after the travel giant gave a better-than-expected outlook for revenue in the first quarter, signaling that travel demand remains robust even after a record year for growth in 2022.
On Monday, Amazon saw its shares climb after the company reported the successful test of its autonomous vehicle unit Zoox, now driving on public roads in California with passengers on board.
As Koji Sato prepares to take over as chief executive, Toyota Motor Corp. unveiled several changes to its senior management, improving the carmaker's strategy and messaging to shift to an electric future.
Shares of PayPal Holding Inc. rose 2.3% in after-hours trading after the payments fintech beat expectations for quarterly earnings and announced CEO Dan Schulman's plans to retire at the end of 2023.
Following Walt Disney's earnings beat that pushed the company's stock higher in after-hours Wednesday, Iger announced plans to reduce its workforce by 7,000 employees and cut costs by $5.5 billion.
On Tuesday, Bed Bath & Beyond announced a share sale of more than $1 billion, hoping it'll stave off bankruptcy and liquidation, following which Hudson Bay Capital Management became the anchor investor.
Entering the earnings cycle and coming off a series of high-profile releases, including "Call of Duty: Modern Warfare II" and several other big titles, expectations were high for Activision Blizzard.
Citing manufacturing disruptions in China and a softening economy that hurt iPhone sales, Apple reported its worst December quarter performance in four years on Thursday.
On Tuesday, Oil major BP joined its peers by cashing in on soaring oil and natural gas prices since Russia's invasion of Ukraine, posting a record profit of $28 billion in 2022.
Alphabet's Google Cloud reportedly invested $300 million in Anthropic, an artificial intelligence startup testing a rival to OpenAI's ChatGPT.
During the fourth quarter, Adult Happy Meals and other limited-edition products boosted traffic at McDonald's restaurants despite higher prices, beating Wall Street earnings and revenue estimates in its latest earnings results.
On Wednesday, shares of Meta Platforms Inc. soared 20% amid fourth-quarter revenue that beat Wall Street estimates, while Chief Executive Officer Mark Zuckerberg called 2023 the "Year of Efficiency."
Bolstered by high commodity prices, rising energy demand, and a well-timed strategy to invest in its Permian Basin assets, Exxon reaped a record $56 billion profit that surpassed fourth-quarter estimates, keeping the stock's upward momentum going.
Defending its title as the world's top-selling carmaker and widening its lead over Volkswagen AG, Toyota Motor Corp. said it had sold 10.5 million vehicles in 2022, despite supply chain disruptions.
On Monday, Ford Motor Co. said it is cutting prices of its electric Mustang Mach-E crossover up to $5,900 on some versions in response to Tesla slashing prices on several of its models a few weeks earlier.
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