To The Moon

Investing.com - Jeans manufacturer Levi Strauss&Co reported a slight miss in its fiscal second-quarter revenue, causing the company's shares to shed 11.8% after-hours.However, the firm exceeded earnings expectations and announced an 8% dividend increase to 13 cents per share, marking the first rise in six quarters.The company's quarterly results showed adjusted earnings per share at 16 cents versus the expected 11 cents, while revenue fell slightly short at $1.44 billion against the anticipated $1.45 billion.Sales saw an approximately 8% increase from $1.34 billion a year earlier to $1.44 billion. However, this sales boost is measured against an easier comparison due to a shift in wholesale shipments from its fiscal second quarter into its fiscal first quarter in the previous year.Levi's CFO, Harmit Singh, attributed the sales miss to unfavorable foreign exchange conditions and sluggish sales at Docker’s, a khaki and chinos brand.Nearly half of Levi’s sales are now coming from its own

SINGAPORE, May 2 (Reuters) - DBS Group, Singapore's biggest bank, posted on Thursday a 15% rise in net profit in the first quarter to a record high of S$2.96 billion ($2.18 billion) from a year earlier, driven by strong total income growth.($1 = 1.3600 Singapore dollars)

2024 expected to be a transition year with sales similar to 2023. VELDHOVEN, the Netherlands, January 24, 2024 -- Today, ASML Holding NV has published its 2023 fourth-quarter and full-year results.-- Q4 net sales of EUR7.2 billion, gross margin of 51.4%, net income of. -- Quarterly net bookings in Q4 of EUR9.2 billion2 of which EUR5.6 billion. -- ASML expects 2024 net sales to be similar to 2023. -- ASML expects Q1 2024 net sales between EUR5.0 billion and EUR5.5 billion. otherwise indicated) Q3 2023 Q4 2023 FY 2022 FY 2023. Numbers have been rounded for readers' convenience. A complete summary of US GAAP Consolidated Statements of Operations is published on www.asml.com. "Our fourth-quarter net sales came in at EUR7.2 billion with a gross margin of 51.4%, both slightly above our guidance."ASML achieved another strong year in 2023 with 30% growth, ending with total net sales for the year of EUR27.6 billion, a gross margin of 51.3% and a backlog of EUR39 billion. W

Google-parent Alphabet is cutting jobs at mapping app Waze as it merges the unit with its own map products, citing an email from the mapping division's head.Google said in December that it will merge Waze and Google Maps teams to consolidate processes, making it a part of the Google Geo division, its portfolio of real-world mapping products that include Google Maps, Google Earth, and Street View.The company is shifting its Waze strategy to include Google ads instead of using a separate ads syste

Justin Sullivan/Getty Images News Elevator Pitch My Buy investment rating for Nvidia Corporation shares stays intact. In my prior update for NVDA, written on April 6, 2023, I noted my expectations of "Nvidia's shares rising above $300" taking into account the fact that it "is well-positioned to leverage on generative AI growth opportunities." Nvidia Corporation's stock price has since risen by +46% to close at $394.82 as of June 12, 2023. I determine that there is a very good chance of NVDA's shares going up further to $500 with the current article, which supports my Buy rating for the stock. Nvidia Corporation has yet to fully exploit AI-related growth opportunities, and the implied price/earnings to growth or PEG multiple for NVDA at the $500 price level is still pretty reasonable. Is Nvidia Stock Expected To Go Up Further?