Petrobras: Q1 Earnings Snapshot
The Rio De Janerio Rj Br, Brazil-based company said it had profit of 92 cents per share. Earnings, adjusted for non-recurring gains, came to 62 cents per share.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
16 minutes ago
- Yahoo
Home Depot reaffirms annual forecasts despite weak quarter
STORY: Home Depot reaffirmed its annual sales and profit forecasts on Tuesday, sending its shares up as much as 5% in morning trading. The steady outlook came despite disappointing second-quarter results for the country's top home improvement chain, as customers rein in spending on large-scale renovations and focus on do-it-yourself projects. Home Depot kicked off a closely watched earnings week for big-box retailers, including Walmart and Target, that will show how consumers are dealing with rising costs and sour economic sentiment. Despite shifting tariff rates, Home Depot had said in May it would keep its prices unchanged. But on Tuesday, the retailer - which sources more than 50% of its products domestically - said its tariff-related costs were higher than expected, resulting in modest price hikes on some of its imported products. Still, the company maintained its annual sales growth target of about 2.8%. Home Depot's results helped lift shares of rival Lowe's, which reports its quarterly results on Wednesday. Related Videos Intel stock rises, report of new Nvidia chip for China, Air Canada strike How an ADR works: What US investors need to know Blink Charging stock tumbles: CEO talks earnings miss & what's next Palantir extends losses, SoftBank & Intel, a top Oracle exec exits Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16 minutes ago
- Yahoo
Cisco (CSCO) Price Target Lowered to $64 Despite Strong AI Narrative
Cisco Systems, Inc. (NASDAQ:CSCO) is one of the On August 14, Piper Sandler analyst James Fish lowered the price target on the stock to $64.00 (from $70.00) while maintaining a Neutral rating. Fish noted how Cisco's quarterly results were roughly in-line, and that FY26 guide came in below what bulls were hoping for. This is raising questions about 'peak growth x peak multiple' being already seen, with second half of 2026 guide implying less than 5%. Stock market data on a laptop screen. Photo by Alesia Kozik on Pexels However, the firm believes that the narrative for Cisco remains unscathed owing to artificial intelligence. 'However, the narrative here remains unscathed, as Cisco will see the ~$1B AI orders in F2H25 flow into FY26 revenue, further AI-infrastructure spend (including across customer-bases), campus refresh, datacenter refresh & modernization, growing Enterprise & Neoclouds traction, and Splunk cross-sell and cost-synergies. FY26 guide looks about how we anticipated and realistic, particularly for an incoming CFO. The debate from here will be sustainability, and while we remain optimistic around the narrative across multiple fronts, even an upside numbers scenario is already embedded in the stock at these levels. Reit. Neutral, PT to $70.' While we acknowledge the potential of CSCO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16 minutes ago
- Yahoo
This Chinese Toy Stock Just Went Parabolic--And It's Not Done Yet
Pop Mart (PMRTY) just dropped numbers that turned heads across the Street. The Chinese blind-box toymaker behind the viral Labubu dolls reported first-half 2025 revenue of 13.88 billion yuan ($1.93 billion), up a staggering 204% year-over-year. Net income? Up 397% to 4.57 billion yuan. It's a growth curve most retailers can only dream about. The fuel behind it: LabubuPop Mart's sharp-toothed, pointy-eared antiherohas gone from niche icon to global obsession, especially in the U.S., where higher prices and stronger margins are supercharging the company's profitability. Warning! GuruFocus has detected 5 Warning Sign with PMRTY. Founder and CEO Wang Ning told Chinese media that international growth is running far ahead of internal forecasts. The momentum is so strong that global sales could outpace domestic China revenue in 2025. Even within Asia, the gravity is shiftingNorth America may leapfrog Southeast Asia as Pop Mart's #2 market this year. And the expansion isn't just digital. Pop Mart opened a megastore in Bangkok's Iconsiam this month and still plans to launch another 100 international outlets by year-end. The stock has responded in kind, surging 213% year-to-date. Investors are chasing more than hypethey're chasing a proven formula: a character-led consumer brand, built on scarcity, surprise, and cultural resonance. Pop Mart isn't just exporting toys. It's exporting pop culture. And if the Labubu craze keeps compounding overseas, this could be the early innings of something much bigger. This article first appeared on GuruFocus. Sign in to access your portfolio
