Meta Platforms Inc. (META) shares soared in afterhours trading Wednesday guided for potentially more revenue than Wall Street expected in 2023 and promised more share repurchases amid cost cuts.Earning ReportMeta reported $32.17 billion in fourthquarter revenue down from $33.67 billion a year ago but stronger than the expectation of $31.55 billion.Earnings were $4.65 billion or $1.76 a share compared with $10.3 billion or $3.67 a share last year but stronger than the expectation of $2.26 a share.Share Jumped $30 in premarket ThursdayShares jumped more than 20% in afterhours trading immediately following [read more]

Apple Inc. is expected to report earnings on Thursday after market close. The report will be for the fiscal Quarter ending Dec 2022. The consensus EPS forecast for the quarter is $1.93. The reported EPS for the same quarter last year was $2.1. [read more]

Alphabet Inc. is expected to report earnings on Thursday after market close. The report will be for the fiscal Quarter ending Dec 2022. The consensus EPS forecast for the quarter is $1.14. The reported EPS for the same quarter last year was $1.53. [read more]

Amazon.com Inc. is expected to report earnings on Thursday after market close. The report will be for the fiscal Quarter ending Dec 2022. The consensus EPS forecast for the quarter is $0.15. The reported EPS for the same quarter last year was $1.39 [read more]

Morgan Stanley strategists said over the weekend as they became more optimistic about the global economy the U.S. dollar is going to drop further The TargetThey now see the DXY dollar index (DXY) ending the year at 98 from a forecast of 104. They see the euro (EURUSD) climbing to $1.15 vs. a previous forecast of $1.08 as the investment bank also raised its yearend targets on the British pound (GBPUSD) and the Canadian dollar (CADUSD).Three Reasons Behind The ForecastGlobal growth will be less bad than expected [read more]

Morgan Stanley is expected to report earnings on Tuesday before market open. The report will be for the fiscal Quarter ending Dec 2022. The consensus EPS forecast for the quarter is $1.25. The reported EPS for the same quarter last year was $2.08. [read more]