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
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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.
In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Netflix added millions more subscribers in the fourth quarter than Wall Street expected, helping to send shares of the streamer up after the bell despite a big earnings miss. The company also disclosed that co-CEO Reed Hastings would
In this article PG Follow your favorite stocksCREATE FREE ACCOUNT Gillette Good News razors on display on January 28, 2005 in San Francisco. Justin Sullivan | Getty Images Procter & Gamble reported year-over-year declines in revenue and profit on Thursday, as higher prices struggled to offset declining sales volumes. Shares of P&G fell about 3%
In this article UAL LUV Follow your favorite stocksCREATE FREE ACCOUNT United Airlines‘ fourth-quarter profit and outlook for early 2023 topped Wall Street estimates thanks to strong travel demand and high fares. Consumers’ appetite for air travel and willingness to pay higher fares has helped airlines return to profitability despite higher costs for fuel, labor
In this article GS GSBD Follow your favorite stocksCREATE FREE ACCOUNT David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, US, on Tuesday, Dec. 6, 2022. Michael Nagle | Bloomberg | Getty Images Goldman Sachs on Tuesday posted its biggest
In this article BAC Follow your favorite stocksCREATE FREE ACCOUNT Brian Moynihan, CEO, Bank of America Scott Mlyn | CNBC Bank of America reported fourth-quarter results on Friday that showed higher interest rates helped the Wall Street giant make up for a sharp slowdown in investment banking. Here are the key metrics compared with what
In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT People walk past a Wells Fargo bank on 14th Street on December 20, 2022 in New York City. Michael M. Santiago | Getty Images Wells Fargo reported shrinking profits on Friday, weighed down by a recent settlement and the need to build up reserves amid
In this article C Follow your favorite stocksCREATE FREE ACCOUNT Citigroup said it had identified the cause of the flash crash and corrected the error “within minutes.” Jim Dyson | Getty Images News | Getty Images Citigroup said fourth-quarter net income decreased by more than 21% from a year ago as the bank set aside
In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT American Airlines shares were up more than 8% in afternoon trading on Thursday after the carrier hiked its revenue and profit estimates for the fourth quarter thanks to strong demand and high fares. Other airlines’ shares also rallied. American said in a securities filing it
In this article BBBY Follow your favorite stocksCREATE FREE ACCOUNT A man is seen at a Bed Bath & Beyond store in New York, on Jan. 5, 2023. Ziyu Julian Zhu | Xinhua News Agency | Getty Images Bed Bath & Beyond on Tuesday posted wider quarterly losses than expected as its chief executive acknowledged
In this article STZ Follow your favorite stocksCREATE FREE ACCOUNT A worker stacks cases of Constellation Brands’ Corona beer for delivery at the Euclid Beverage LLC warehouse in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images Shares of Constellation Brands fell Thursday after the wine, beer and spirits company reported ongoing supply chain costs that
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