Business

Revolut CEO Nikolay Storonsky at the Web Summit in Lisbon, Portugal, Nov. 7, 2019.Pedro Nunes | ReutersLONDON — British fintech firm Revolut on Thursday announced it topped $1 billion in annual profit for the first time, a major milestone…

PepsiCo on Thursday reported mixed quarterly results as its international sales offset weaker demand in North America.The food and beverage giant also cut its forecast for core constant currency earnings per share, citing new tariffs,…

The Intel headquarters in Santa Clara, California, US, on Wednesday, April 23, 2025. Intel Corp. is scheduled to release earnings figures on April 24. David Paul Morris | Bloomberg | Getty ImagesIntel reported first-quarter results on…

Shares of Club name Dover climbed higher Thursday after the industrial conglomerate reported mixed first-quarter results. Although the company lowered its full-year outlook, the market quickly caught on to management's conservatism,…

Bristol Myers Squibb 's earnings beat and rosy outlook Thursday did not resolve lingering issues for the stock. But it was enough, for now. Revenue in the first quarter, which ended March 31, dipped 6% to $11.2 billion but topped estimates…

The trust between Europe and the U.S. is not yet broken despite President Donald Trump's aggressive tariff policies, Joerg Kukies, acting German finance minister, told CNBC Thursday."For trust to be broken, a lot more would have to happen…

A Chipotle store stands in the Bronx on April 23, 2025 in New York City.Spencer Platt | Getty ImagesFrom Procter & Gamble to Chipotle, consumer companies are slashing their forecasts, projecting that tariffs will weigh on their profits…

Alphabet, the parent company of Google and YouTube, is set to report first-quarter earnings after the bell Thursday.Here's what analysts are expecting.Revenue: $89.12 billion, according to LSEGEarnings per share: $2.01, according to…

Andrew Bailey, governor of the Bank of England (BOE), during the Monetary Policy Report news conference at the bank's headquarters in the City of London, UK, on Thursday, Nov. 2, 2023. The Bank of England left its benchmark lending rate at…

Bill McDermott, chairman and CEO of ServiceNow, speaks during an interview on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 26, 2023. Brendan Mcdermid | ReutersServiceNow shares surged 15% on…

Procter & Gamble on Thursday reported mixed quarterly results as demand for its products fell, gave a dimmer outlook for the current quarter and said price hikes could be coming.The company, which owns Tide and Charmin, slashed its…

Companies in March accelerated their orders for big-ticket long-lasting goods ahead of President Donald Trump's aggressive tariffs on U.S. imports, the Commerce Department reported Thursday.So-called durable goods orders soared a seasonally…

Nurphoto | Nurphoto | Getty ImagesMerck on Thursday lowered its full-year profit guidance, citing $200 million in estimated costs for tariffs and a charge tied to a recent deal.The company now expects its 2025 adjusted earnings to come in…

FILE PHOTO: The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, on Dec. 27, 2023.Adam Glanzman | Bloomberg | Getty ImagesBristol Myers Squibb on Thursday beat first-quarter estimates…

An American Airlines plane on the tarmac at the Miami International Airport on Feb. 19, 2025 in Miami, Florida.Joe Raedle | Getty ImagesAmerican Airlines withdrew its 2025 financial guidance on Thursday, joining other carriers that are…

Customers enter an Xfinity Store by Comcast on February 24, 2025 in San Francisco, California. (Photo by Justin Sullivan/Getty Images)Justin Sullivan | Getty ImagesComcast surpassed first-quarter expectations on Thursday even as the company…

A Gucci luxury boutique in Paris, France, on Tuesday, Oct. 22, 2024. Bloomberg | Getty ImagesShares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and pointed to further…

The facade of Norway's central bank, also known as Norges Bank, in Oslo, Norway.Bloomberg | Bloomberg | Getty ImagesNorges Bank Investment Management — the largest sovereign wealth fund in the world — on Thursday reported a first-quarter…

An Alaska Airlines Boeing 737 MAX 9 plane sits at a gate at Seattle-Tacoma International Airport on Jan. 6, 2024.Stephen Brashear| Bloomberg | Getty ImagesAlaska Airlines on Wednesday warned that softer travel demand will eat into earnings…

IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday.Here's how the company performed:Earnings per share: $1.60 adjusted vs. $1.40 expectedRevenue: $14.54 billion vs. $14.4 billion expectedRevenue…

LAS VEGAS, NEVADA - MARCH 15: A Southwest Airlines Boeing 737 airplane departs from Harry Reid International Airport as another airplane taxis on March 15, 2025 in Las Vegas, Nevada. (Photo by Kevin Carter/Getty Images)Kevin Carter | Getty…

Consumer spending is rising at a faster clip this month as everyday Americans rush to make purchases before President Donald Trump's full tariff plan takes effect, data released Wednesday from JPMorgan shows.Spending through the first 15…

The Chipotle logo is seen in New York City on July 16, 2024.Jakub Porzycki | Nurphoto | Getty ImagesChipotle Mexican Grill is expected to report its first-quarter earnings after the bell on Wednesday.Here's what Wall Street analysts…

In an aerial view, a container ship is seen docked at the Port of Oakland on April 18, 2025 in Oakland, California. Justin Sullivan | Getty ImagesBusinesses dealing with the early stages of President Donald Trump's tariffs are looking for…

Elon Musk steps off Air Force One upon arrival at Morristown Municipal Airport in Morristown, New Jersey, on March 22, 2025. US President Donald Trump will be spending the weekend at Trump National Golf Club in Bedminster, New Jersey.…

US President Donald Trump and Tesla CEO Elon Musk, alongside Musk's son X Æ A-Xii, speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC. Mandel Ngan | AFP |…

A security guard stands outside the building near signs advertising the International Monetary Fund/World Bank Spring Meetings in Washington, DC, on April 17, 2025. Jim Watson | AFP | Getty ImagesThe International Monetary Fund forecasts…

10'000 Hours | Digitalvision | Getty ImagesCable companies are increasingly calling on mobile for their next big opportunity.The cable industry's foray into wireless has long been considered a retention tool for the behemoth broadband…

A Boeing 737 aircraft fuselage is pictured at the company's Renton factory in Renton, Washington, on April 15, 2025. Jason Redmond | AFP | Getty ImagesBoeing is preparing to ask for Federal Aviation Administration approval to ramp up…

The headquarters of SAP AG, Germany's largest software company, on Jan. 8, 2013, in Walldorf, Germany.Thomas Lohnes | Getty Images News | Getty ImagesSAP on Wednesday posted a 58% year-on-year jump in first-quarter operating profit in…