In this article PENN Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Penn Entertainment logo is displayed on a smartphone mobile screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Penn Entertainment on Thursday became the first U.S. gambling company to post a profit in its sports betting business during
Earnings
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Cristiano Amon, CEO of Qualcomm. Steve Marcus | Reuters Qualcomm shares fell 2% in extended trading on Thursday after the chipmaker reported lower fiscal first-quarter revenue than analysts had predicted and issued weak quarterly guidance. Here’s how the company did: Earnings: $2.37 per share, adjusted,
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon on Thursday issued first-quarter guidance that came in light of estimates, overshadowing better-than-expected revenue for the fourth quarter. The stock slid after hours, erasing most its rally from the regular trading day. Here are the key numbers: Earnings: 3 cents per share Revenue: $149.2
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple missed expectations for revenue, profit, and sales for many of its lines of business on Thursday, sending the stock lower in extended trading. Apple’s overall sales for the holiday quarter were about 5% lower than last year’s, the first year-over-year sales decline since 2019.
In this article GOOGL GOOG Follow your favorite stocksCREATE FREE ACCOUNT Sundar Pichai, chief executive officer of Alphabet Inc., speaks during the CEO Summit of the Americas hosted by the US Chamber of Commerce in Los Angeles, California, US, on Thursday, June 9, 2022. Kyle Grillot | Bloomberg | Getty Images Google parent Alphabet will
Shell said last month that windfall taxes imposed by the European Union and U.K. following the surge in profits would cost the group about $2 billion. Paul Ellis | Afp | Getty Images British oil giant Shell on Thursday posted its highest-ever annual profit, bolstered by soaring fossil fuel prices and robust demand since Russia’s
In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT Brody Longo works out on his Peloton exercise bike on April 16, 2021 in Brick, New Jersey. Michael Loccisano | Getty Images Peloton said Wednesday its net loss narrowed year over year, and, for the third quarter in a row, subscription revenue was higher than
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Images Meta reports fourth-quarter earnings on Wednesday as the company tries to reverse a
In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT Snap shares slid more than 14% in extended trading on Tuesday after the social media company reported fourth-quarter revenue that trailed analysts’ estimates. Here’s how the company did: Earnings per share: 14 cents, adjusted, versus 11 cents expected, according to a Refinitiv survey of analysts
In this article AMD Follow your favorite stocksCREATE FREE ACCOUNT AMD Chair and CEO Lisa Su speaks at the AMD Keynote address during the Consumer Electronics Show (CES) on January 4, 2023 in Las Vegas, Nevada. Robyn Beck | AFP | Getty Images AMD reported fourth-quarter earnings on Tuesday, beating Wall Street expectations for sales
In this article SPOT Follow your favorite stocksCREATE FREE ACCOUNT People exit the Spotify headquarters building in Lower Manhattan on January 23, 2023 in New York City. Eduardo MunozAlvarez | View Press | Corbis News | Getty Images Spotify shares popped as much as 10% Tuesday after the company reported fourth-quarter earnings that beat analysts’ expectations
In this article ASML-NL Follow your favorite stocksCREATE FREE ACCOUNT Dutch chip equipment maker ASML forecast a jump in 2023 revenue as the semiconductor industry predicts there will be a reacceleration of growth in the second half of this year. ASML is one of the world’s most important companies in the chip supply chain. It
In this article T Follow your favorite stocksCREATE FREE ACCOUNT A pedestrian walks in front of an AT&T location in New York. Scott Mlyn | CNBC AT&T shares jumped on Wednesday after the carrier reported fourth-quarter subscriber growth that exceeded Wall Street’s estimates, shrugging off its rivals’ lower pricing strategies. The U.S. phone service provider
In this article CMCSA Follow your favorite stocksCREATE FREE ACCOUNT Scott Mlyn | CNBC Comcast on Thursday reported fourth-quarter earnings that topped analyst expectations despite persistent softness in broadband subscriber growth and mounting losses from its streaming service, Peacock. The company’s top-line growth was fueled by higher revenue from its broadband and wireless businesses, as
In this article INTC Follow your favorite stocksCREATE FREE ACCOUNT Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel shares
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT Employees of American Airlines help check in passengers at Ronald Reagan Washington National Airport on January 11, 2023 in Arlington, Virginia. Alex Wong | Getty Images American Airlines‘ fourth-quarter profit beat analysts’ expectations as strong travel demand and high fares buoyed results during a turbulent
In this article IBM Follow your favorite stocksCREATE FREE ACCOUNT IBM CEO Arvind Krishna speaks at a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. Stefan Wermuth | Bloomberg | Getty Images IBM reported quarterly revenue on Wednesday that topped analysts’ estimates, driven by higher-than-expected growth in the company’s
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla founder Elon Musk attends Offshore Northern Seas 2022 in Stavanger, Norway August 29, 2022. Carina Johansen | NTB | via Reuters Electric vehicle maker Tesla reported earnings after the bell, beating on both earnings and revenue. Shares rose more than 4% after hours. Here
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT Boeing posted a $663 million loss for the fourth quarter as supply chain issues weighed on results despite a rebound in aircraft sales and deliveries that drove up revenue. Airlines and aircraft manufacturers have benefited from a sharp recovery in air travel, one of the
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft issued a disappointing revenue forecast for the current quarter in its earnings call on Thursday, after the company reported earnings for the December quarter that topped estimates. The stock pared its gains and was down about 1% in extended trading following an initial rally.
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