Category: beats

Nasdaq Profit Beats Estimates on IPO Rush, Investment Products Demand

Nasdaq Inc. on Wednesday reported a nearly 16 percent jump in fourth-quarter profit that topped Wall Street estimates, buoyed by the frenetic pace of U.S. initial public offerings and strong demand for its investment-related products. Technology, healthcare and financial technology companies led the IPO rush during the quarter, that included the stellar debut of Rivian…


Wells Fargo Beats Profit Estimates on Uptick in Loan Demand, Cost Cuts

Wells Fargo & Co. on Friday beat analysts’ estimates for fourth-quarter profit as a rebound in U.S. economic growth encouraged more customers to take loans and the bank kept a tight lid on costs. Profit jumped 86 percent to $5.8 billion, or $1.38 per share, flattered by a $943 million gain from the sale of…


Messi’s Argentina Beats Brazil 1-0, Wins Copa America Title

RIO DE JANEIRO—Two long droughts ended on Saturday at the Copa America final: Argentina won its first major title since 1993 after a 1–0 win against Brazil. And Lionel Messi finally lifted his first major trophy for the national team, filling in one of the biggest gaps in his decorated career. Argentina’s winning goal at…