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Business
Tesla shares fall 7% in premarket trading after earnings miss
Elon Musk, CEO of Tesla.Antonio Masiello | Getty ImagesTesla shares fell more than 8% in premarket trading in the U.S. after the electric carmaker reported second-quarter earnings that missed expectations amid ongoing pressure in its auto…
Spain’s Santander posts 20% hike in net profit as retail business shines
Bank of Santander HeadquartersGetty ImagesBanco Santander posted a 20% year-on-year hike in second-quarter net profit underpinned by growth in its retail, wealth and consumer activity, after firm revenues and margin management in Europe and…
Deutsche Bank (DBK) Q2 earnings
Deutsche Bank offices in the City of London on July 2, 2024, in London, U.K. Mike Kemp | In Pictures | Getty ImagesGermany's largest lender Deutsche Bank on Wednesday snapped a 15-quarter profit streak with a narrower-than-expected loss, as…
Alphabet moves past stumbles in AI to deliver positive story to investors
Alphabet on Thursday delivered largely better-than expected earnings results that showed the search and cloud giant is finally on better footing in the fast-growing AI space. Total revenue in the three months ended June 30 rose 13.6% year…
Disney slides on theme-park concerns. That should not be a surprise
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Tuesday's key moments. The S & P 500 edged slightly higher Tuesday as investors awaited quarterly earnings…
We’re raising our price target on Danaher as it loses major overhang
Shares of Danaher popped more than 6% on Tuesday after the life sciences company delivered a strong quarter and reaffirmed its guidance — signaling the longtime Club stock is back on track. Revenue for the period ended June 28 declined 3.5%…
Tesla TSLA earnings Q2 2024
Tesla is set to report second-quarter earnings after the bell on Tuesday.Here's what Wall Street is expecting based on a survey of analysts by LSEG:Earnings per share: 62 cents expectedRevenue: $24.77 billion expectedAfter a rocky first…
Alphabet set to report Q2 earnings results after the bell
Alphabet CEO Sundar Pichai speaks at the Asia-Pacific Economic Cooperation CEO Summit in San Francisco on Nov. 16, 2023.David Paul Morris | Bloomberg | Getty ImagesGoogle parent company Alphabet is set to report its second-quarter earnings…
UPS earnings Q2 2024
A person walks into a UPS (United Parcel Service) customer center on April 1, 2024 in Los Angeles, California. Mario Tama | Getty ImagesUnited Parcel Service on Tuesday reported profit and revenue for the second quarter that came in below…
Coca-Cola (KO) Q2 2024 earnings
Coca-Cola on Tuesday raised its full-year outlook as global demand for its drinks rose in the second quarter.For 2024, Coke now expects organic revenue growth of 9% to 10%, up from its prior forecast of 8% to 9%. The company also raised its…
Comcast (CMCSA) earnings Q2 2024
The Comcast NBC logo is shown on a building in Los Angeles, California, June 13, 2018.Mike Blake | ReutersComcast reported mixed results before the bell Tuesday, missing on revenue estimates due to tough year-over-year comparisons for its…
GM, Ford, Stellantis second-quarter earnings: What analysts expect
General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022.Source: NYSEDETROIT — Wall Street expects General Motors to be the standout among the traditional Detroit automakers when they report second-quarter…
General Motors (GM) earnings Q2 2024
A GMC pickup truck is displayed for sale on a lot at a General Motors dealership in Austin, Texas, on Jan. 5, 2023.Brandon Bell | Getty ImagesDETROIT — General Motors is set to report second-quarter results before the bell Tuesday.Wall…
Shares fall on lower fares, fall in quarterly profit
A Ryanair passenger plane lands at Cologne/Bonn Airport.Thomas Banneyer | Picture Alliance | Getty ImagesRyanair shares fell on Monday after the company said its quarterly profit after tax had fallen 46% and fares will be lower than…
With media in upheaval, Netflix stays out of the fray
A couple sits in front of a television with the Netflix logo on it.Picture Alliance | Picture Alliance | Getty ImagesNetflix's second-quarter earnings report contained no bombshells, and that's just fine for the company and its investors.In…
Why Abbott Labs stock is getting dinged after a strong earnings beat
Abbott Labs delivered a second-quarter earnings beat on Thursday, but the company's ongoing litigation over its baby formula — plus softer guidance for the current quarter — is dragging down shares. We view the pullback as an opportunity.…
Netflix (NFLX) earnings Q2 2024
The Netflix logo is displayed above its corporate offices on January 24, 2024 in Los Angeles, California. Mario Tama | Getty ImagesNetflix reports its second-quarter earnings after the bell on Thursday, and Wall Street will be paying close…
Nokia shares slide after posting weak quarterly net sales figure
BARCELONA, SPAIN - FEBRUARY 26: A logo sits illuminated at the Nokia booth in the Mobile World Congress 2024 on February 26, 2024 in Barcelona, Spain. (Photo by Xavi Torrent/Getty Images)Xavi Torrent | Getty Images News | Getty ImagesShares…
Volvo Cars jumps 7% after reporting a record core operating profit
A worker at a Volvo car store introduces the Volvo xc60 and other models via a live streaming in Shanghai, China, March 18, 2024.Cfoto | Future Publishing | Getty ImagesShares of Volvo Cars rose sharply on Thursday after the company…
TSMC Q2 2024 earnings
TSMC offices in San Jose, California, US, on Thursday, April 18, 2024.David Paul Morris | Bloomberg | Getty ImagesTaiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the second quarter, as demand…
Here’s an update on all 34 portfolio stocks, including the winners in a Trump presidency
During the Investing Club's Monthly Meeting on Wednesday, Jim Cramer highlighted the portfolio stocks that would be helped by another Trump presidency.
United (UAL) earnings Q2 2024
United Airlines planes at Denver International Airport.Leslie Josephs | CNBCUnited Airlines' second-quarter profit rose more than 20% from last year as strong demand for international travel boosted the carrier's results, but its…
Our 5 top-performing stocks since the June 2024 Monthly Meeting
It's been another great run for stocks since the Club's last monthly meeting in June. The likelihood the Federal Reserve will lower interest rates sooner than later after recent upbeat inflation data pushed stocks to new highs over the past…
Turkey lands first place for wealth growth in global ranking despite soaring inflation
Golden Horn and Bosphorus at sunset, Istanbul, TurkeyMatteo Colombo | Digitalvision | Getty ImagesTurkey came out miles ahead of the rest of the world in an annual global wealth ranking — in a result that may come as surprising, given the…
Adidas shares rise 5% after hiking 2024 guidance
A Samba shoe on Oct. 12, 2023, in Berlin, Germany. Thomas Trutschel | Photothek | Getty ImagesShares in Adidas rose on Wednesday after the company announced it would hike its full year 2024 earnings guidance following better-than-expected…
ASML earnings report Q2 2024
ASML logo is seen at the headquarters in Veldhoven, Netherlands, June 16, 2023.Piroschka Van De Wouw | ReutersASML reported second-quarter earnings and sales that beat forecasts, as interest in artificial intelligence chips drives up demand…
Trump says he would let Fed’s Powell finish term if he wins: report
Republican presidential nominee and former U.S. President Donald Trump raises his fist during Day 1 of the Republican National Convention (RNC) at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 15, 2024. Elizabeth Frantz |…
Spirit Airlines issues second-quarter loss warning
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024.Brandon Bell | Getty ImagesSpirit Airlines said Tuesday it would post a…
IMF sees ‘bumps’ in path to lower inflation
The International Monetary Fund warned Tuesday that upside risks to inflation have increased, calling into question the prospect of multiple Federal Reserve interest rate cuts this year. In its latest World Economic Outlook update, the IMF…
We’re hiking our price target on Morgan Stanley despite a miss in a key business
Morgan Stanley on Tuesday reported second-quarter results that largely exceeded Wall Street expectations — though weakness in one key segment warrants closer monitoring even as the stock shook off earlier declines. Revenue for the three…