To The Moon

Coherent reported quarterly earnings that were in-line with Wall Street's expectations, with gross margins increasing slightly. The optical networking company is benefiting from the artificial intelligence data center boom -- but shares fell anyway.Coherent posted adjusted earnings of $1.41 a share for the fiscal third-quarter, compared to 91 cents a year ago and Wall Street's $1.40 a share prediction. The company's quarterly revenue grew 21% to $1.81 billion, slightly topping the analyst consensus estimate for revenue of $1.78 billion, according to FactSet.Gross margin came in at 39.6% up from 38.5% a year ago. In February, Coherent forecast gross margin of 38.5% to 40.5% for the quarter.Coherent shares sank 6.5% in after-hours trading after gaining 2.6% to $344.42 in Wednesday's regular session. The stock has advanced 86% this year and joined the S&P 500 in March as part of the index's quarterly rebalancing."Investors have been more interest in COHR as of late," Marshall and Jaramill

IonQ set a high bar last year when its chief executive proclaimed that he saw the company becoming the " Nvidia player" of the quantum industry. That conviction only has solidified."It's always the ambition to be the Nvidia of quantum, and we're demonstrating we're on track for that," CEO Niccolo de Masi told Barron's ahead of IonQ's first-quarter earnings report. "These exponential curves are really compelling for shareholders, for our customers, and for our partners.". The company's latest financial results, posted after Wednesday's market close, beat along top-line metrics. For the first quarter, IonQ recorded an adjusted loss of 34 cents a share, narrower than the 46-cent loss analysts had anticipated. Revenue grew 55% year-over-year to $64.7 million, surpassing the FactSet consensus estimate of $49.8 million.IonQ emphasized that commercial customers accounted for more than half of that amount -- a promising indicator in an industry hungry for signs of enterprise adoption. More tha

Michael Saylor's $Strategy(MSTR)$ reported a wider first-quarter loss on Tuesday, hammered by a slump in bitcoin prices that weighed on the value of its sizeable crypto holdings amid heightened...

Grab beat Wall Street expectations for first-quarter revenue ​on Tuesday.

Grab beat Wall Street expectations for first-quarter revenue ​on Tuesday.

Grab beat Wall Street expectations for first-quarter revenue ​on Tuesday.

Grab beat Wall Street expectations for first-quarter revenue ​on Tuesday.

Palantir raised its revenue outlook for the year and beat analyst forecasts. However, the company posted disappointing US commercial sales for the first quarter.

April 28 (Reuters) - Coca-Cola KO.N raised its annual adjusted profit forecast on Tuesday, betting on steady demand for its pricier beverages and sodas in key markets such as the United States.The...

April 28 (Reuters) - Coca-Cola KO.N raised its annual adjusted profit forecast on Tuesday, betting on steady demand for its pricier beverages and sodas in key markets such as the United States.The...

April 28 (Reuters) - Coca-Cola KO.N raised its annual adjusted profit forecast on Tuesday, betting on steady demand for its pricier beverages and sodas in key markets such as the United States.The...

Coherent reported quarterly earnings that were in-line with Wall Street's expectations, with gross margins increasing slightly. The optical networking company is benefiting from the artificial intelligence data center boom -- but shares fell anyway.Coherent posted adjusted earnings of $1.41 a share for the fiscal third-quarter, compared to 91 cents a year ago and Wall Street's $1.40 a share prediction. The company's quarterly revenue grew 21% to $1.81 billion, slightly topping the analyst consensus estimate for revenue of $1.78 billion, according to FactSet.Gross margin came in at 39.6% up from 38.5% a year ago. In February, Coherent forecast gross margin of 38.5% to 40.5% for the quarter.Coherent shares sank 6.5% in after-hours trading after gaining 2.6% to $344.42 in Wednesday's regular session. The stock has advanced 86% this year and joined the S&P 500 in March as part of the index's quarterly rebalancing."Investors have been more interest in COHR as of late," Marshall and Jaramill

IonQ set a high bar last year when its chief executive proclaimed that he saw the company becoming the " Nvidia player" of the quantum industry. That conviction only has solidified."It's always the ambition to be the Nvidia of quantum, and we're demonstrating we're on track for that," CEO Niccolo de Masi told Barron's ahead of IonQ's first-quarter earnings report. "These exponential curves are really compelling for shareholders, for our customers, and for our partners.". The company's latest financial results, posted after Wednesday's market close, beat along top-line metrics. For the first quarter, IonQ recorded an adjusted loss of 34 cents a share, narrower than the 46-cent loss analysts had anticipated. Revenue grew 55% year-over-year to $64.7 million, surpassing the FactSet consensus estimate of $49.8 million.IonQ emphasized that commercial customers accounted for more than half of that amount -- a promising indicator in an industry hungry for signs of enterprise adoption. More tha

Michael Saylor's $Strategy(MSTR)$ reported a wider first-quarter loss on Tuesday, hammered by a slump in bitcoin prices that weighed on the value of its sizeable crypto holdings amid heightened...

Grab beat Wall Street expectations for first-quarter revenue ​on Tuesday.

Grab beat Wall Street expectations for first-quarter revenue ​on Tuesday.

Palantir raised its revenue outlook for the year and beat analyst forecasts. However, the company posted disappointing US commercial sales for the first quarter.

Grab beat Wall Street expectations for first-quarter revenue ​on Tuesday.

Grab beat Wall Street expectations for first-quarter revenue ​on Tuesday.

April 28 (Reuters) - Coca-Cola KO.N raised its annual adjusted profit forecast on Tuesday, betting on steady demand for its pricier beverages and sodas in key markets such as the United States.The...

April 28 (Reuters) - Coca-Cola KO.N raised its annual adjusted profit forecast on Tuesday, betting on steady demand for its pricier beverages and sodas in key markets such as the United States.The...

April 28 (Reuters) - Coca-Cola KO.N raised its annual adjusted profit forecast on Tuesday, betting on steady demand for its pricier beverages and sodas in key markets such as the United States.The...