Microsoft Beats March-Quarter Views On Cloud Strength

Software powerhouse Microsoft late Tuesday beat analyst expectations for its fiscal third quarter on strong cloud computing business. Read More...


PepsiCo beats profit and revenue estimates for Q1

PepsiCo Inc. said Tuesday it had net income of $4.261 billion, or $3.06 a share, in the first quarter, up from $1.714 billion, or $1.24 a share, in the year-earlier period. Adjusted per-share earnings came to $1.29, ahead of the $1.23 FactSet consensus. Revenue rose to $16.200 billion from $14.820 billion, also ahead of the $15.538 billion FactSet consensus. The drinks and snacks company said it still expects full-year core constant currency EPS to rose 8% and to return about $7.7illion to share

Read More