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Business
Bristol Myers Squibb (BMY) Q4 earnings report 2023
Bristol Myers Squibb reported quarterly earnings and revenue that topped expectations on Friday as its portfolio of new drugs posted strong sales growth. Here's what the company reported for the fourth quarter compared with what Wall Street…
Exxon (XOM) Q4 earnings report 2023
An Exxon Mobil gas station in Washington, DC, US, on Tuesday, Nov. 28, 203.Bloomberg | Bloomberg | Getty ImagesExxon Mobil reported quarterly earnings that beat Wall Street's expectations, but the company's profit declined significantly…
Chevron (CVX) Q4 earnings report 2023
A Chevron gas station sign is shown on October 23, 2023 in Austin, Texas.Brandon Bell | Getty ImagesChevron said its fourth-quarter profits fell sharply from a year ago, weighed down by a number of impairment charges, but the second largest…
Meta shares jump on better-than-expected results and first-ever dividend payment
Meta founder and CEO Mark Zuckerberg speaks during Meta Connect event at Meta headquarters in Menlo Park, California on September 27, 2023.Josh Edelson | AFP | Getty ImagesMeta beat on earnings and revenue in its fourth-quarter report on…
Amazon (AMZN) Q4 earnings report 2023
Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022.David Paul Morris | Bloomberg | Getty ImagesAmazon is slated to report fourth-quarter earnings Thursday after the closing bell.Here's what…
Apple (AAPL) earnings report Q1 2024
Apple reports fiscal first-quarter earnings after the bell. The quarter, which ends in December, is Apple's biggest of the year by sales and the first full sales period for the iPhone 15, which launched in September.Here's what Wall Street…
Ferrari (RACE) Q4 2023 earnings
Car key for the Ferrari Purosangue SUV.Adam Jeffery | CNBCLuxury sports car manufacturer Ferrari topped Wall Street's top- and bottom-line earnings expectations for the fourth quarter to finish off a record year of profits.The automaker…
Shell beats expectations for full-year 2023 profit
A Shell logo displayed on a sign at a gas station in Nakuru, Kenya.Sopa Images | Lightrocket | Getty ImagesBritish oil giant Shell on Thursday beat expectations for full-year profit, announcing a 4% increase to its dividend and a $3.5…
January hiring was the lowest for the month on record as layoffs surged
A UPS driver makes a delivery on January 30, 2024 in Miami Beach, Florida. Joe Raedle | Getty ImagesCompanies announced the highest level of job cuts in January since early 2023, a potential trouble spot for a labor market that will be in…
Peloton (PTON) earnings Q2 2024
Peloton managed to turn a gross profit off of its pricey connected fitness products for a second quarter in a row, but the company said Thursday it expects more challenges ahead after it failed to reach a number of goals CEO Barry McCarthy…
Volvo shares jump 20% on higher sales, plans to stop Polestar funding
A Volvo C40 Recharge electric SUV is on display during the Volvo "A New Era of Volvo Cars" press conference at The Shilla Seoul on March 14, 2023 in Seoul, South Korea.Han Myung-gu | Wireimage | Getty ImagesVolvo Cars shares surged more…
Merck (MRK) Q4 earnings report 2023
The logo for Merck & Co. is displayed on a screen at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021. Andrew Kelly | ReutersMerck on Thursday reported fourth-quarter revenue and adjusted earnings…
Euro zone inflation eases as expected, but core figures disappoint
Patrons at sidewalk tables of Janis bar in Cais do Sodre in Lisbon, Portugal.Horacio Villalobos | Corbis News | Getty ImagesEuro zone headline inflation eased slightly in January, flash figures published by the European Union's statistics…
Julius Baer hit by Signa exposure, announces CEO exit and job cuts
A pedestrian sheltering under an umbrella passes a Julius Baer Group Ltd. branch in Zurich, Switzerland, on Tuesday, July 13, 2021.Stefan Wermuth | Bloomberg | Getty ImagesSwiss bank Julius Baer on Thursday reported hefty net credit losses…
Qualcomm (QCOM) earnings report Q1 2024
Qualcomm CEO Cristiano Amon responds to a question during a keynote conversation at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, on Jan. 10, 2024.Steve Marcus | ReutersQualcomm reported fiscal first-quarter…
GSK posts blowout RSV vaccine sales, raises outlook
Company logo of pharmaceutical company GlaxoSmithKline is seen at their Stevenage facility, Britain October 26, 2020. Dado Ruvic | ReutersGlaxoSmithKline on Wednesday lifted its long-term outlook following the smash-hit launch of its new…
ADP jobs report January 2024:
A 7-Eleven convenience store has a sign in the window reading "Now Hiring" in Cambridge, Massachusetts, U.S., July 8, 2022. Brian Snyder | ReutersPrivate payroll growth declined sharply in January, a possible sign that the U.S. labor market…
Samsung Electronics Q4 2023 earnings report
Samsung logo displayed on a phone screen with a binary code reflected on it, a laptop keyboard, a memory card, an adaper and cables are seen in this illustration photo taken in Krakow, Poland on January 30, 2023. (Photo by Jakub…
H&M shares tumble 10% after weaker sales and surprise CEO exit
People passing a large scale sign for the high street clothes and clothing brand H&M outside their flagship store on the corner of Oxford Street and Regent Street. on 30th March 2023 in London, United Kingdom.Mike Kemp | In Pictures |…
Novo Nordisk hits $500 billion in market value as it flags soaring demand for Wegovy, Ozempic
Liselotte Sabroe | Afp | Getty ImagesNovo Nordisk on Wednesday reported better-than-expected 2023 earnings, as sales of its wildly popular anti-obesity and diabetes drugs continued to soar.The maker of weight loss drug Wegovy and diabetes…
Boeing (BA) Q4 2023 earnings
A grounded Boeing 737 Max 9 aircraft at Los Angeles International Airport.Eric Thayer | Bloomberg | Getty ImagesBoeing on Wednesday is set to report fourth-quarter results and answer to investors eager to hear how a midair blowout on one of…
AMD earnings report Q4 2023
Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Steve Marcus | ReutersAMD reported fourth-quarter earnings on Tuesday that were in…
Starbucks (SBUX) Q1 2024 earnings
MIAMI, FLORIDA - JUNE 11: A Starbucks coffee cup sits on a table as the company reported supply shortages at some coffee shops on June 11, 2021 in Miami, Florida. The coffee chain said it had supply shortages for some items due to problems…
IMF warns British government against more tax cuts
British Finance Minister Jeremy Hunt said earlier this month the U.K. would not enter a recession this year.Hannah Mckay | ReutersLONDON — The U.K. government should not introduce further tax cuts this year, the International Monetary Fund…
UPS announces 12,000 job cuts; reports drop in package volume
A United Parcel Service truck searches for a house driving along the coast of Cape Cod on July 24, 2023 in Orleans, Massachusetts. Robert Nickelsberg | Getty ImagesUPS fell short of Wall Street revenue estimates Tuesday, reporting drops in…
Alphabet (GOOGL) Q4 earnings report 2023
Alphabet CEO Sundar Pichai walks to lunch at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 12, 2023.David Paul Morris | Bloomberg | Getty ImagesAlphabet is scheduled to report fourth-quarter earnings…
Microsoft (MSFT) Q2 earnings report 2024
Microsoft CEO Satya Nadella, left, departs from federal court in Washington, D.C., on Oct. 2, 2023.Nathan Howard | Bloomberg | Getty ImagesMicrosoft will report fiscal second-quarter earnings after the market close on Tuesday.Here's what…
Pfizer (PFE) Q4 earnings report 2023
Pfizer on Tuesday posted a surprise adjusted fourth-quarter profit, as the company's declining Covid business performed better than expected.The company reversed roughly $3.5 billion in revenue related to the expected return of 6.5 million…
IMF ups global growth forecast on U.S. resilience, China policy support
Buildings in Pudong's Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty ImagesThe International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected…
JetBlue Airways (JBLU) earnings Q4 2023
JetBlue planes at JFK's Terminal 5 in New York.Leslie Josephs | CNBCJetBlue Airways swung to a loss in the fourth quarter and forecast lower capacity this year as it scrambles to return to profitability.The New York-based airline reported a…