Business

Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022.David Paul Morris | Bloomberg | Getty ImagesAmazon shares jumped 7% on Friday and neared an all-time high after the company reported…

The jobs report for October came in much weaker than expected, and employment growth across different industries painted a mixed picture for the U.S. economy.The biggest contribution last month came from health care and social assistance,…

Job creation in October slowed to its weakest pace since late 2020 as the impacts of storms in the Southeast and a significant labor impasse dented the employment picture.Nonfarm payrolls increased by 12,000 for the month, down sharply from…

An Exxon gas station is seen in the Brooklyn borough of New York City on Oct. 6, 2023.Michael M. Santiago | Getty ImagesExxon Mobil beat third-quarter earnings expectations, as the oil major reached its highest production level in more than…

Jaap Arriens | Nurphoto | Getty ImagesChevron beat third-quarter earnings and revenue expectations, returning a record amount of cash to shareholders.Shares were up 2.6% in the premarket following the report's release.The oil major's…

Apple late Thursday delivered a quarter that can only be described as much better than feared. It wasn't perfect, but it was pretty darn good. Revenue in Apple's fiscal 2024 fourth quarter, which ended in September, grew 6% year-over-year…

Amazon reported a much better-than-expected third quarter Thursday, with strong growth across online sales, its cloud business and advertising. Margin initiatives lead to soaring profits. Additionally, the fourth-quarter forecast was…

Hiring signs outside a Stewart's gas station in Catskill, New York, US, on Wednesday, Oct. 2, 2024. Angus Mordant | Bloomberg | Getty ImagesPowerful hurricanes and a major labor strike could take a chunk out of the nonfarm payrolls count…

Electrical components and power systems company Eaton delivered mixed third-quarter results Thursday morning, and its stock paid the price. Revenue increased over 8% year over year (both organic and on a reported basis) to $6.35 billion,…

Intel CEO Pat Gelsinger holds an artificial intelligence processor as he speaks during the Computex conference in Taipei, Taiwan, on June 4, 2024.Annabelle Chih | Bloomberg | Getty ImagesIntel shares jumped 15% in extended trading on…

Industrial gas supplier Linde reported a solid third quarter on Thursday, proving once again its ability to grow revenues and earnings in a sluggish macro and industrial environment. Revenue in the third quarter increased 2.5% to $8.36…

Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024.Dimas Ardian | Bloomberg | Getty ImagesMicrosoft's better-than-expected earnings report wasn't enough to…

Amazon will report results for the third quarter after the bell Thursday. Here's what analysts are expecting:Earnings: $1.14 per share expected by LSEGRevenue: $157.2 billion expected by LSEGAmazon Web Services: $27.5 billion, according to…

The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024.Spencer Platt | Getty ImagesMerck on Thursday reported third-quarter revenue and adjusted earnings that topped expectations as the company saw…

Shares of troubled Nextracker jumped Thursday, the morning after delivering strong quarterly results and increases to the solar company's full-year profitability outlook and project backlog. Revenue in its fiscal 2025 second quarter totaled…

The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty ImagesBristol Myers Squibb on Thursday reported third-quarter…

Inflation increased slightly in September and moved closer to the Federal Reserve's target, according to a Commerce Department report Thursday.The personal consumption expenditures price index showed a seasonally adjusted 0.2% increase for…

A Peloton bike is displayed at a Dick's Sporting Goods store on May 08, 2024 in Daly City, California. Justin Sullivan | Getty ImagesPeloton is back to generating free cash flow and is edging within reach of profitability as the connected…

Uber reported third-quarter results on Thursday that beat Wall Street's expectations for revenue but missed on analysts' projections for gross bookings.Shares of the company were down more than 5% pre-market on Thursday.Here's how the…

NBCUniversal kicks off it's new Peacock streaming service.Todd Williamson | Peacock | NBCUniversal | Getty ImagesComcast beat third-quarter earning expectations on Thursday, as the Summer Olympics in Paris boosted NBCUniversal's revenue and…

Line-up of pumpkins in the Netherlands, on Oct. 27, 2024.Nurphoto | Nurphoto | Getty ImagesInflation in the 20-nation euro zone rose to 2% in October, preliminary figures released by statistics agency Eurostat showed Thursday.Economists…

The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024.Matt Cardy | Getty Images News | Getty ImagesBritish oil giant Shell on Thursday posted a small year-on-year drop in third-quarter…

Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin, Italy.Stefano Guidi | Getty Images News | Getty ImagesAuto giant Stellantis on Thursday reported a 27%…

RIYADH — National debt is a major threat to markets in the near future, Saudi Arabia's finance minister said, expressing particular concern over lower income countries as well as what he described as rapidly growing global fragmentation."I…

Microsoft reported better-than-expected quarterly results Thursday, led by strong growth in its cloud-computing business — but soft guidance pressured shares in after-hours trading. Revenue increased 16% year over year to $65.56 billion in…

Don't let the after-hours stock action fool you, Meta Platforms delivered one heck of a strong third quarter and a current quarter revenue guide above expectations. Revenue in the three months ended Sept. 30 rose nearly 19% year over year…

Customers shop at a Samsung mobile store inside a shopping mall in New Delhi.Reuters | Anindito MukherjeeSamsung Electronics on Thursday reported third-quarter sales and operating profit slightly above its own expectations, but its chip…

Returning soon to a Starbucks near you: Ceramic mugs, Sharpies on cups and the condiment bar to add your own cream and sugar. Those were just some of the details that Brian Niccol shared Wednesday night on his first earnings call since…

Eli Lilly shares fell Wednesday after the diabetes-and-obesity drug giant posted disappointing third-quarter results and lowered its full-year sales guidance. The report was messy, but it doesn't dim Eli Lilly's bright multiyear outlook,…

A sign is posted in front of eBay headquarters in San Jose, California. Justin Sullivan | Getty ImagesShares of eBay slumped about 9% in extended trading on Wednesday after the online marketplace issued guidance for the fourth quarter that…