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Business
Santander shares jump 7% after lender announces record quarterly profit, 10-billion-euro buyback
Shares of Banco Santander jumped after Spain's largest lender reported record profit in the fourth quarter and announced plans for 10 billion euros ($10.4 billion) in share buybacks from 2025 and 2026 earnings and anticipated excess…
TotalEnergies posts 21% drop in full-year profit on lower crude prices
Poster and logo on the Coupole Tower, compagny Total's head office renamed TotalEnergies in 2021 in the La Defense business district west of Paris in Courbevoie, France on 7 June 2024.Antoine Boureau | Afp | Getty ImagesFrench oil major…
Novo Nordisk (NVO) earnings Q4, full-year FY24
Medical bottles and syringe are seen with Novo Nordisk logo displayed on a screen in the background.Nurphoto | Nurphoto | Getty ImagesDanish pharmaceutical behemoth Novo Nordisk on Wednesday reported better-than-expected net profit in the…
Disney (DIS) earnings Q1 2025
Mickey Mouse and Minnie Mouse balloons fly in front of Cinderella's Castle at the Magic Kingdom Park in Walt Disney World in Orlando, Florida, on May 31, 2024.Gary Hershorn | Corbis News | Getty ImagesDisney will report its fiscal…
Alphabet Q4, spending guide, commentary give little reason for enthusiasm
Shares of Alphabet were under pressure in after-hours trading Tuesday, following the tech giant's quarterly revenue miss and much higher-than-expected 2025 capital expenditure guidance. Revenue for the fourth quarter ended Dec. 31 climbed…
Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds
Philip Jefferson speaks during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, D.C., U.S., on Feb. 3, 2022. The U.S. Senate on Wednesday voted overwhelmingly to confirm Philip Jefferson, an…
Match appoints Zillow co-founder Spencer Rascoff as CEO
FILE PHOTO: Spencer Rascoff, co-founder and executive chairman of dot.LA, speaks during the Montgomery Summit in Santa Monica, California, U.S., on Wednesday, March 4, 2020.Patrick T. Fallon | Bloomberg | Getty ImagesMatch Group announced…
Trump tariffs may raise avocado costs
Boxes of avocados are seen at the Central de Abastos market in Guadalajara, Jalisco state, Mexico, on Jan. 31, 2025.Ulises Ruiz | Afp | Getty ImagesChipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs on…
Snap Q4 earnings report
Snap shares jumped in extended trading Tuesday after the company reported better-than-expected fourth-quarter results.Here is how the company did compared with Wall Street's expectations:Earnings per share: 16 cents adjusted vs. 14 cents…
AMD earnings report Q4 2024
AMD CEO Lisa Su.Courtesy: AMDAdvanced Micro Devices reported fourth-quarter results on Tuesday that beat Wall Street expectations for sales and earnings, but the stock fell about 5% in extended trading as the company missed estimates in its…
Fed could find itself in a policy Catch-22 if tariffs spike inflation
Flags outside the Fairmont Royal York in downtown Toronto, Feb. 3, 2025. Andrew Francis Wallace | Toronto Star | Getty ImagesA complicated scenario is emerging surrounding the tariff drama that could put the Federal Reserve in an…
Chipotle Mexican Grill (CMG) Q4 2024 earnings
A Chipotle restaurant stands in Manhattan, New York City, on Feb. 6, 2024.Spencer Platt | Getty ImagesChipotle Mexican Grill is expected to report its earnings after the bell on Tuesday.Here's what Wall Street is expecting the company to…
Ferrari posts 21% hike in full-year profit, sees 2025 growth
The Ferrari F50 at Salon Prive London, held at the Royal Chelsea Hospital. Martyn Lucy | Getty Images News | Getty ImagesLuxury carmaker Ferrari on Tuesday reported a significant upswing in full-year net profit, citing a strong product mix…
Palantir soars 24% to record as AI powers strong earnings and guidance
Palantir surged more than 24% on Tuesday to a record high after reporting stronger-than-expected fourth-quarter results and guidance driven by ongoing artificial intelligence gains.The company's shares have skyrocketed 36% since the start…
Job openings decline sharply in December to 7.6 million, below forecast
Job openings slid in December while hiring, voluntary quits and layoffs held steady, the Labor Department reported Tuesday.Available positions tumbled to 7.6 million, the lowest since September, and below the Dow Jones estimate for 8…
Spotify shares pop 10% after company reports first profitable year
Spotify's Co-founder and CEO Daniel Ek attends a live recording panel at Acquired, a technology podcast, at the Chase Center in San Francisco, California, U.S., Sept. 10, 2024.Laure Andrillon | ReutersSpotify shares climbed 10% Tuesday…
Fox subscription streaming service planned for this year
FILE PHOTO: A Fox News channel sign is seen on a television vehicle outside the News Corporation building in New York City, in New York.Shannon Stapleton | ReutersFox Corp. is finally getting into the direct-to-consumer streaming game.The…
Merck (MRK) earnings Q4 2024
Sopa Images | Lightrocket | Getty ImagesMerck on Tuesday issued full-year 2025 revenue guidance that fell short of Wall Street's expectations, as the company temporarily paused shipments of a key vaccine into China. Shares of Merck fell…
Pfizer (PFE) earnings Q4 2024
Albert Bourla, chairman and CEO of Pfizer, speaks at The Wall Street Journal’s Future of Everything Festival in New York City, U.S., May 22, 2024. Andrew Kelly | ReutersPfizer on Tuesday reported fourth-quarter earnings and revenue that…
PepsiCo (PEP) Q4 2024 earnings
Bottles of Pepsi soda are seen on display at a Target store on February 09, 2024 in the Flatbush neighborhood of Brooklyn borough New York City.Michael M. Santiago | Getty ImagesPepsiCo reported mixed quarterly results on Tuesday as demand…
Nintendo Switch 2 in focus as gaming giant posts profit miss
Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda.Charly Triballeau | AFP | Getty ImagesNintendo on Tuesday reported weaker-than-expected top and bottom…
UBS earnings Q4 2024
Fabrice Coffrini | Afp | Getty ImagesSwiss banking giant UBS on Tuesday posted $770 million in fourth-quarter net profit, launching a $1 billion share buyback program in the first half of 2025.The net profit figure compares with a mean…
China to levy additional tariffs of up to 15% on select U.S. imports starting Feb. 10
Jakub Porzycki | Nurphoto | Getty ImagesChina's finance ministry said Tuesday it will impose additional tariffs of 15% on coal and liquified natural gas imports from the U.S. and 10% higher duties on crude oil, farm equipment and certain…
Palantir (PLTR) Q4 earnings 2024
Alex Karp, chief executive officer of Palantir Technologies Inc., during a Bloomberg Technology television interview during the FoundryCon event in Palo Alto, California, US, on Thursday, March 7, 2024. David Paul Morris | Bloomberg | Getty…
In a switch, Trump approves Fed’s decision to hold interest rates steady
U.S. President Donald Trump looks on as he signs an executive order in the Oval Office at the White House in Washington, U.S., Jan. 31, 2025. Carlos Barria | ReutersPresident Donald Trump agreed with the Federal Reserve for its decision…
As markets buckle up for Trump tariffs, these global sectors brace for a rough ride
U.S. President Donald Trump this weekend announced hefty tariffs on his country's three biggest trading partners, leaving investors scrambling to position themselves for a global trade war.Canada and Mexico face 25% duties on their exports…
Euro zone inflation, January 2025
A person buys products at a Mercadona store in Lisbon, Portugal, on January 25, 2025.Luis Boza | Nurphoto | Getty ImagesThe euro zone inflation accelerated to a hotter-than-expected 2.5% in January on an annual basis, flash data from…
Fintech GoCardless halves loss, targets full-year profit by 2026
Hiroki Takeuchi, co-founder and CEO of GoCardless.Zed Jameson | Bloomberg | Getty ImagesFinancial technology unicorn GoCardless more than halved losses in 2024 and said it's aiming to reach full-year profitability by 2026.The London-based…
Why more retirement-age Americans keep working
When it came time for Diane Wetherington to consider retirement, reality quickly set in.The 72-year-old debated devoting her time to crafting and doting over her grandkids and even gave full-time retirement a try. But she soon realized her…
Eaton reports mixed results but makes clear its AI data center business is still full steam ahead
Eaton on Friday delivered mixed fourth-quarter results Friday, but the electrical components and power systems company made clear that its fast-growing data center business isn't slowing down despite the emergence of Chinese startup…