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Business
SolarEdge shares sink after company offers weak Q4 guidance
The SolarEdge logo is seen on a smartphone and a PC screen.Pavlo Gonchar | SOPA Images | Sipa USA via AP ImagesShares of SolarEdge tumbled over 20% in extending trading Wednesday after the solar product manufacturer reported soft guidance…
Roku Q3 2023 earnings: Stock soars
A video sign displays the logo for Roku, a video streaming firm, in Times Square after the company's initial public offering at the Nasdaq Market in New York on Sept. 28, 2017.Brendan McDermid | ReutersShares of Roku soared in after-hours…
Wayfair (W) earnings report Q3 2023
Wayfair IPO on the floor of the New York Stock Exchange.Lucas Jackson | ReutersWayfair is inching closer to profitability, but its third-quarter results still fell short of revenue expectations as the home market continues to be under…
ADP jobs report October 2023
A "Now Hiring" sign at a CVS pharmacy in San Francisco, California, US, on Tuesday, July 18, 2023. CVS Health Corp. is scheduled to release earnings figures on August 2.Bloomberg | Bloomberg | Getty ImagesPrivate sector payroll growth…
CVS Health (CVS) earnings Q3 2023
A woman walks past a CVS Pharmacy in Washington, D.C., on Nov. 2, 2022.Brendan Smialowski | AFP | Getty ImagesCVS on Wednesday reported third-quarter adjusted earnings and revenue that topped Wall Street's expectations, lifted in part by…
Yum Brands (YUM) Q3 2023 earnings
Sign for the food brand Pizza Hut on 30th May 2022 in Birmingham, United Kingdom. (photo by Mike Kemp/In Pictures via Getty Images)Mike Kemp | In Pictures | Getty ImagesYum Brands on Wednesday reported quarterly revenue that fell short of…
Aston Martin shares plunge 16% after volume target cut
Aston Martin DBS Superleggera(c) Paul A. Eisenstein | TheDetroitBureauAston Martin shares plunged more than 16% on Wednesday morning after the British luxury carmaker cut its volume target due to production problems for its new DB12 model…
Here’s everything to expect from the Federal Reserve meeting Wednesday
US Federal Reserve Chairman Jerome Powell holds a press conference in Washington, DC, on September 20, 2023. Mandel Ngan | AFP | Getty ImagesThe Federal Reserve meeting will most likely conclude Wednesday with the central bank not doing a…
AMD earnings report Q3 2023
AMD Chair and CEO Lisa Su speaks at the AMD Keynote address during the Consumer Electronics Show (CES) on January 4, 2023 in Las Vegas, Nevada.Robyn Beck | AFP | Getty ImagesAMD reported third-quarter earnings on Tuesday that beat analyst…
Shares of On Semiconductor fall 21% on bad Q4 guidance
Mailsonpignata / 500Px | 500Px | Getty ImagesShares of ON Semiconductor closed down more than 21% Monday after the company's third-quarter report beat expectations but offered weak guidance for the rest of the year.ON Semiconductor said it…
Beer giant AB InBev beats forecasts but Bud Light continues to drag
Bud Light, made by Anheuser-Busch.Joe Raedle | Getty ImagesAnheuser-Busch InBev, the world's biggest brewing firm, on Tuesday beat expectations for the third quarter, despite an ongoing drag from controversy surrounding its online Bud Light…
Pfizer (PFE) Q3 earnings report 2023
CFOTO | Future Publishing | Getty ImagesPfizer on Tuesday reported a narrower than expected loss for the third quarter as the drugmaker recorded charges largely related to struggles for its Covid antiviral treatment Paxlovid and Covid…
memory chip demand to improve in 2024
general view of visitors are seen at Samsung booth during the chinajoy 2023 at Shanghai new expo center in Shanghai, China on July 28, 2023 (Photo by Ying Tang/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesSouth Korea's…
Oil major BP misses estimates for third quarter as profits plummet
The BP logo is displayed outside a petrol station near Warmister, on August 15, 2022 in Wiltshire, England.Matt Cardy | Getty Images News | Getty ImagesLONDON — Oil major BP on Tuesday reported a steep year-on-year fall in profits, missing…
Pinterest (PINS) Q3 earnings report 2023
A banner for the online image board Pinterest Inc. hangs from the New York Stock Exchange on the morning Pinterest made its initial public offering, April 18, 2019.Spencer Platt | Getty ImagesPinterest reported third-quarter earnings on…
Treasury to borrow $776 billion in the final three months of the year
The U.S. government's borrowing needs will decline slightly in the final three months of 2023 from the prior quarter, a potentially important development during a turbulent time for the global bond market.In a closely watched announcement…
Israel-Hamas war poses risk of global market contagion, economist says
Mohamed Aly El-Erian, chief economic advisor for Allianz SE, during a Bloomberg Television interview in London, UK, on Monday, Sept. 25, 2023. El-Erian spoke alongside former UK Prime Minister Gordon Brown and economist Michael Spence, his…
McDonald’s (MCD) Q3 2023 earnings
A McDonald's restaurant is seen in Belmont, California, on April 3, 2023.Tayfun Coskun | Anadolu Agency | Getty ImagesMcDonald's is expected to report its third-quarter earnings before the bell Monday.Here's what Wall Street analysts…
profit after tax surges over 235% year-on-year
Aaron P | Bauer-Griffin | GC Images | Getty ImagesHSBC's profit after tax came in at $6.26 billion in the three months ended September, jumping 235% compared to the $2.66 billion in the same period last year.Europe largest bank by assets…
Achieving the ‘American dream?’ A lot of it depends on where you grow up
Northeast Dallas in Texas is the neighborhood buyers are most interested in, according to a new report.Halbergman | Istock | Getty ImagesWhere a child grows up in the U.S. is becoming an increasingly critical component toward determining…
Global bond rout looks ‘tremendously dangerous’ for stocks, hedge fund manager warns
An intensifying bond rout is piling pressure on the global economy and creating a "tremendously dangerous" outlook for equities, the chief investment officer of Livermore Partners hedge fund said Friday.A new era of higher interest rates…
Key Fed inflation gauge rose 0.3% as expected in September; spending tops estimate
Inflation accelerated in September but consumer spending was even stronger than expected, according to a Commerce Department report Friday.The core personal consumption expenditures price index, which the Federal Reserve uses as a key…
UPS Q3 earnings: Revenue outlook cut
A UPS driver pulls a cart with packages while making deliveries on June 12, 2023 in San Francisco, California. Justin Sullivan | Getty ImagesShares of the United Parcel Service closed 6% lower Thursday after the company reported a…
revenue barely grew despite growing phone, car sales
Visitors line up in front of the Huawei flagship store on Nanjing East Road, one of the city's main commercial and tourist area, in Shanghai, China, on Sept. 30, 2023.Bloomberg | Bloomberg | Getty ImagesBEIJING — Chinese tech giant Huawei…
Chipotle Mexican Grill (CMG) Q3 2023 earnings
Food is served at a Chipotle restaurant on in Chicago, Illinois.Scott Olson | Getty ImagesChipotle Mexican Grill on Thursday reported quarterly earnings that beat expectations, helped by higher menu prices for its burritos and bowls.Shares…
Amazon (AMZN) Q3 earnings report 2023
Amazon reported third-quarter earnings and revenue on Thursday that sailed past analysts' estimates. The stock initially popped in extended trading, but then gave up most of its gains.Here are the results:Earnings per share: 94 cents per…
Intel (INTC) earnings report Q3 2023
Signage outside Intel headquarters in Santa Clara, California, on Monday, Jan. 30, 2023.David Paul Morris | Bloomberg | Getty ImagesIntel shares rose about 6% in after-hours trading after the company reported third-quarter earnings on…
Tech stocks suffer steep two-day drop after Google, Meta earnings
Alphabet's earnings sailed past Wall Street estimates after the markets closed on Tuesday. Meta followed suit on Wednesday, solidly topping expectations. It didn't matter.Following better-than-expected results on the top and bottom lines…
Merck (MRK) Q3 earnings report 2023
Merck headquarters in Rahway, New Jersey, on Tuesday, April 18, 2023.Christopher Occhicone | Bloomberg | Getty ImagesMerck on Thursday reported third-quarter revenue and adjusted earnings that topped expectations on strong sales of its…
Marlboro maker Altria (MO) earnings Q3 2023
Packs of Marlboro cigarettes are displayed at a smoke shop on April 28, 2023 in San Francisco, California. Justin Sullivan | Getty ImagesAltria Group, the parent company of Philip Morris USA and the nation's largest tobacco company,…