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Browsing Category
Business
We’re hiking our GEHC price target, looking beyond a mixed quarter to next year’s…
GE Healthcare reported a mixed quarter before Wednesday's opening bell. While revenue slightly missed, an earnings beat along with a number of other positives pushed the stock higher. Revenue rose just under 1% year over year to $4.86…
Microsoft (MSFT) Q1 earnings report 2025
Microsoft CEO Satya Nadella takes part in the Partnership for Global Infrastructure and Investment Event during the G7 Summit at the Borgo Egnazia resort in Savelletri, Italy, on June 13, 2024.Mandel Ngan | AFP | Getty ImagesMicrosoft will…
Ray Dalio concerned about America postelection: ‘Both candidates worry me’
Ray Dalio speaking with CNBC at the Future Investment Initiative in Riyadh, Saudi Arabia, on Oct. 30, 2024.CNBCA postelection America worries U.S. billionaire Ray Dalio, who called for reforms numerous times amid a political landscape…
Private job creation totaled a stunning 233,000 in October, far more than expected, ADP says
Private job creation burst to its highest level in more than a year during October, despite a devastating storm season in the Southeast and major labor disruptions, ADP reported Wednesday.The payrolls processing firm said companies hired…
Germany’s inflation surges to 2.4% as it narrowly skirts a technical recession
Passers-by walk in the pedestrian zone of the Bavarian capital.Peter Kneffel | Picture Alliance | Getty ImagesGermany's inflation surged to 2.4% in October, back above the European Central Bank's 2% target, even as the country narrowly…
U.S. economy grew at a 2.8% pace in the third quarter, less than expected
Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.
Snap Q3 earnings report 2024
The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles in Los Angeles on Sept. 17, 2024.Andrej Sokolow | Picture Alliance | Getty ImagesSnap reported better-than-expected third-quarter results on Tuesday…
Biogen (BIIB) earnings Q3 2024
A test tube is seen in front of displayed Biogen logo in this illustration taken on, December 1, 2021.Dado Ruvic | ReutersBiogen on Wednesday reported third-quarter revenue and adjusted earnings that topped expectations while raising its…
Euro zone GDP, Q3 2024
People walk down the iconic Alcalá street on a very hot afternoon in Madrid, Spain.Miguel Pereira | Getty Images News | Getty ImagesThe euro zone economy grew 0.4% in the third quarter, flash figures published by the European Union's…
AMD earnings report Q3 2024
AMD CEO Lisa Su makes the opening speech at COMPUTEX forum in Taipei, Taiwan June 3, 2024. Ann Wang | ReutersAdvanced Micro Devices reported third-quarter results Tuesday, with earnings in line with forecasts and revenue that slightly beat…
Alphabet shares rise on earnings beats boosted by cloud revenue
Google CEO Sundar Pichai speaks with Emily Chang during the APEC CEO Summit at Moscone Center West in San Francisco on Nov. 16, 2023.Justin Sullivan | Getty Images News | Getty ImagesGoogle parent Alphabet reported third-quarter earnings…
Volkswagen Q3 2024 results
A Volkswagen automobile factory stands on October 28, 2024 in Osnabrueck, Germany. Sean Gallup | Getty ImagesGerman automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.Operating profit fell to 2.86…
UBS earnings Q3 2024
Signage at the UBS flagship office in New York, US, on Tuesday, March 21, 2023.Bloomberg | Bloomberg | Getty ImagesSwiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations…
StanChart Q3 2024 earnings
Standard Chartered Plc bank branch in Hong KongBloomberg | Bloomberg | Getty ImagesStandard Chartered on Wednesday upgraded its 2024 income guidance as it posted profits in the third quarter that beat expectations, driven by record…
Google CFO says company can ‘push a little further’ in cost savings
Alphabet incoming CFO Anat Ashkenazi, who spent 23 years at Eli LillyEli LillyFor nine years, the CFO role at Google and parent company Alphabet was held by Ruth Porat, who took a giant pay package in 2015 to leave Wall Street for Silicon…
AMD’s post-earnings slide is a buying opportunity. Here’s why
Advanced Micro Devices on Tuesday posted a solid set of third-quarter results thanks to strong sales in the data center and PC markets. But shares fell more than 7% in extended trading, as investors wanted to see faster growth in its AI…
Alphabet’s growth pillars stand tall in Q3. But we’re not ready to act
Alphabet shares surged during Tuesday's after-hours trading following the Google parent's better-than-expected quarterly revenue and earnings on cloud and advertising strength. Total revenue for the three months ended Sept. 30 climbed 15%,…
Reddit (RDDT) Q3 earnings reports 2024
Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on the floor setting the share price at $47 in its initial public offering (IPO) on March 21, 2024 in New York City.Spencer Platt |…
Chipotle Mexican Grill (CMG) Q3 2024 earnings
A customer holds a bag of food outside of a Chipotle restaurant in New York on Jan. 12, 2024.Angus Mordant | Bloomberg | Getty ImagesChipotle Mexican Grill on Tuesday reported mixed quarterly results, despite another quarter of higher…
We upgraded Stanley Black & Decker stock despite the post-earnings selling
Stanley Black & Decker reported mixed quarterly results before Tuesday's opening bell, and the stock got whacked. While the numbers were disappointing, the company's turnaround continues to plan. Revenue fell 5% year over year to $3.75…
Consumer confidence surges as election nears; job openings move lower
Pedestrians walk past a "hiring now" sign posted outside Wegmans in New York City.Adam Jeffery | CNBCConsumers grew more optimistic about the U.S. economy heading into the contentious presidential election even as job openings hit…
How to prevent AI from further widening the racial wealth gap
Human resources and technology concept for AI augmenting team work.Leowolfert | Istock | Getty ImagesThe rise of artificial intelligence (AI) has been stunning in both its speed and impact. According to data from Goldman Sachs, investment…
What you need to know about the new way Microsoft reports cloud numbers
Microsoft will release quarterly results after Wednesday's closing bell, and with it comes a new reporting structure the company hopes will provide more visibility into its big cloud computing business. Announced in August , and reported…
Pfizer (PFE) earnings Q3 2024
The PAXLOVID antiviral medications nirmatrelvir co-packaged with ritonavir were developed by Pfizer to treat the virus.Patrick T. Fallon | Afp | Getty ImagesPfizer on Tuesday reported third-quarter revenue and adjusted profit that blew past…
PayPal (PYPL) Q3 2024 earnings
A PayPal sign is seen at its headquarters in San Jose, California, Jan. 30, 2024.Justin Sullivan | Getty Images News | Getty ImagesPayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in a bit light of…
British oil giant BP posts $2.3 billion in third-quarter profit
British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024.Nurphoto | Nurphoto | Getty ImagesBritish oil major BP on Tuesday reported its weakest quarterly earnings in nearly four…
McDonald’s (MCD) earnings Q3 2024
A McDonald's restaurant in El Sobrante, California, on Oct. 23, 2024.David Paul Morris | Bloomberg | Getty ImagesMcDonald's is expected to report its third-quarter earnings before the bell on Tuesday.Here's what Wall Street analysts…
HSBC Q3 2024 earnings
HSBC Holdings Plc building at Canada Square in Canary Wharf financial district on 15th August 2023 in London, United Kingdom. Mike Kemp | In Pictures | Getty ImagesEurope's largest lender HSBC on Tuesday announced it will repurchase up to…
Ford Motor (F) earnings Q3 2024
A Ford F-150 Lightning electric pickup truck is displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty ImagesDETROIT — Ford Motor is set to report its third-quarter earnings after the bell…
Foreign investors flock to flagship Saudi economic conference
A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia's capital Riyadh to attend the Future Investment Initiative (FII) forum.Fayez Nureldine | Afp | Getty ImagesThousands of financiers, founders and investors are set…