Twitter reported first quarter 2022 advertising revenues increased 23% and global active daily users rose 16% to 229 million.
TWTR
TWTR
McDonald's reported first-quarter sales increased 11% on strong growth in international locations. The U.S. restaurants same store sales increased 3.5% largely on menu price increases.
MCD
MCD
Cheesecake Factory reinstated its stock repurchase program and quarterly dividend of 27 cents. Quarterly earnings shot up five-fold after all capacity restrictions were lifted at all restaurant concepts operated by the chain.
CAKE
CAKE
Facebook parent Meta Platforms added users in the first-quarter 2022 but net income fell 21% largely on the drop in ad revenues in the U.S. and Canada region.
META
META
Skechers USA Inc reported first-quarter 2022 sales increased 27% and earnings rose 23%. The third-largest footwear brand is on track to achieve $10 billion sales by 2026.
SKX
SKX
Chipotle Mexican Grill, Inc said higher labor and food costs were offset by price increases across the menu. Comparable restaurant sales increased 9% and digital sales account for 42% of total food and beverage sales.
CMG
CMG
Boeing dropped on revenue miss and larger loss. CME Group jumped on higher revenues. F5 Inc outlook disappointed. NCR plunged on revenue miss and unexpected loss. CoStar quarterly revenues jumped. Visa lifted annual outlook. Skechers USA revised higher quarterly and annual outlook range.
BA CSGP CVNA NCR V
BA CSGP CVNA NCR V
Benchmark indexes opened higher a day after the Nasdaq Composite index dropped to a new low in 2022. European markets rebounded and Russia halted gas deliveries to Poland and Bulgaria. In Asia, indexes in Japan and India dropped but in Shanghai rebounded.
Alphabet Inc, parent of Google, said quarterly revenue growth slowed to 23% from 34% in the year ago period. YouTube revenue growth fell short of expectations and cloud services segment revenues soared 44%.
GOOG
GOOG
Microsoft said March quarter revenues increased 18% driven by strong performance in its enterprise, personal, and cloud computing segments.
MSFT
MSFT
UPS reported first-quarter 2022 revenues increased 6.4% and adjusted net income rose 10% from a year ago. Average Total domestic package volumes declined to 19.7 million from 20.4 million a year ago.
UPS
UPS