investment

Reports, reports, reports Accounting software maker Intuit (NASDAQ: INTU) increased revenue from 3 up to 4.2 billion. Moreover, the growth was in both segments of the company: the consumer sector showed growth by 34%, and the small and medium-sized business division increased its revenue by 20%. Profit increased from 1.084 to 1.464 billion. Octa (NASDAQ: OKTA) pleased investors with the growth of revenue by 37% - mainly due to an increase in subscription sales. But with a profit, it is quite a disaster: losses increased by almost 2 times - up to 109.232 million. Although, you have to say, this result was better than market expectations. AutoZone (NYSE: AZO) reported revenue growth on 31,4%. Profit increased by 73,9% mainly due to operational performance. Considering, that in the USA there is a crazy demand for cars, nothing surprising. Furthermore, I would expect "the continuation of the banquet" in the next few quarters. Another "car dealer" issuer, America’s Car-Mart (NASDAQ: CRMT), increased revenue by 44,6%, and profit grew more than four times - up to 43.497 million. У Zscaler (NASDAQ: ZS) revenue increased by 60%. But the losses also increased.: from 19.337 to 58.459 million. However, scolding an IT startup for losses is all the same, what to scold the dog for, that she is a dog. Zuora (NYSE: ZUO) showed revenue growth by 9%, losses increased only slightly: from 17.488 to 17.661 million. Greens start and win The ESG investing world has seen major changes this week. Brazen hedge fund Engine No. 1 acquired the right to appoint several of its candidates to the Exxon Board of Directors as part of a shareholder vote, although the fund owns only 0,02% companies. The fight between Exxon and Engine management wasn't just long, it was very costly.. Exxon spent $35 million on this lawsuit., and Engine - 30 million. Engine stands for something, чтобы превратить Exxon из гиганта нефтегазовой энергетики в гиганта …

Bundle of investment news: Ford, oil, ESG and Google Read more