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Business
Starbucks (SBUX) earnings Q2 2023 earnings
Starbucks Coffee logo is seen on cups in the cafe in Krakow, Poland on February 16, 2023. Nurphoto | Nurphoto | Getty ImagesStarbucks is expected to report its fiscal-second quarter results after the bell Tuesday.Here's what Wall Street is…
Job openings fell more than expected in March to lowest in nearly two years
An employee hiring sign with a QR code is seen in a window of a business in Arlington, Virginia, April 7, 2023.Elizabeth Frantz | ReutersEmployment openings pulled back further in March, hitting a nearly two-year low in a sign that the…
Pfizer (PFE) Q1 earnings report 2023
Pfizer on Tuesday reported first-quarter revenue and adjusted earnings that topped Wall Street's expectations, despite a decline in sales driven by the lower demand for the company's Covid vaccine.The pharmaceutical giant's stock was…
Restaurant Brands International (QSR) earnings Q1 2023
In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California.Justin Sullivan | Getty ImagesRestaurant Brands International on Tuesday reported quarterly earnings and revenue that…
Uber Q1 earnings report 2023
Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019.Philip Pacheco | AFP via Getty ImagesShares of Uber popped 8% in premarket trading Tuesday after the company reported …
The First Republic deal has come at a crucial point for the markets and economy
Traders work on the floor of the New York Stock Exchange on April 26, 2023 in New York City. Michael M. Santiago | Getty ImagesJPMorgan Chase's takeover of First Republic likely ends the panic phase of the banking crisis, with the fallout…
Key inflation gauge for the Fed rose 0.3% in March as expected
Despite a year's worth of interest rate increases, inflation rose again in March, according to economic data released Friday that the Federal Reserve watches closely.The personal consumption expenditures price index excluding food and…
Hasbro, Mattel shares rise after earnings
Game maker HasbroJustin Sullivan | Getty ImagesToymaker stocks rallied Thursday after rivals Hasbro and Mattel posted quarterly results and offered optimistic comments about how their intellectual property will boost their businesses.Hasbro…
Cloudflare stock plunges more than 20% after revising guidance down
Signage outside the Cloudflare headquarters in San Francisco, California, U.S., on Tuesday, Feb. 8, 2022. Cloudflare Inc. is expected to release earnings figures on Feb. 10.David Paul Morris | Bloomberg | Getty ImagesCloudflare shares…
Euro zone GDP Q1 2023
Skyscrapers of the city center can be seen from the Lohrberg in the north of Frankfurt. Photo: Arne Dedert/dpa (Photo by Arne Dedert/picture alliance via Getty Images)Picture Alliance | Picture Alliance | Getty ImagesThe euro zone economy…
PlayStation 5 sales hit all-time high, profit hits record
Sony aims to sell 18 million PlayStation 5 consoles in its financial year ending in March 2023.Thiago Prudencio | Lightrocket | Getty ImagesSony posted record annual operating revenue on Friday, helped by its chip division and sales of its…
IMF warns of ‘disorderly’ house price corrections in Europe amid high rates
A pedestrian inspects advertisements for residential properties for sale in Stockholm, Sweden.Bloomberg | Bloomberg | Getty ImagesSTOCKHOLM, Sweden — The International Monetary Fund warned Friday of "disorderly" house price corrections in…
Intel (INTC) earnings report Q1 2023
Intel CEO Pat Gelsinger, with U.S. President Joe Biden (not pictured), announces the tech firm’s plan to build a $20 billion plant in Ohio, from the South Court Auditorium on the White House campus in Washington, January 21, 2022.Jonathan…
Snap Q1 earnings report 2023
Co-founder and CEO of Snap Inc. Evan Spiegel holds up a Pixy drone while speaking during the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, France June 17, 2022.Benoit…
Norfolk Southern (NSC) earnings Q1 2023
General view of the site of the derailment of a train carrying hazardous waste, in East Palestine, Ohio, U.S., March 2, 2023. Alan Freed | ReutersNorfolk Southern on Wednesday reported an initial $387 million charge associated with the…
Q1 profit plunges amid weak memory chip demand
Samsung at the Mobile World Congress 2023 on March 2, 2023, in Barcelona, Spain. (Photo by Joan Cros/NurPhoto via Getty Images)Joan Cros | Nurphoto | Getty ImagesSouth Korean electronics giant Samsung's operating profit plunged in the first…
Merck (MRK) Q1 earnings report 2023
Medicine pill is seen with Merck logo displayed on a screen in the background in this illustration photo taken in Poland on October 4, 2021.NurPhoto | NurPhoto | Getty ImagesMerck on Thursday reported revenue and adjusted earnings that …
American Airlines (AAL) earnings Q1 2023
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on Dec. 10, 2021.Joe Raedle | Getty ImagesAmerican Airlines posted a $10 million profit in the first quarter as it ramped up flying and…
U.S. GDP rose at a 1.1% pace in the first quarter as signs build that the economy is slowing
Growth in the U.S. slowed considerably during the first three months of the year as interest rate increases and inflation took hold of an economy largely expected to decelerate even further ahead.Gross domestic product, a measure of all…
Amazon (AMZN) Q1 earnings report 2023
Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon cutting prior to tomorrow's opening night for the NHL's newest hockey franchise the Seattle Kraken at the Climate Pledge Arena on October 22, 2021, in Seattle.Bruce Bennett | Getty…
Eli Lilly (LLY) Q1 earnings 2023
Medical bottles and syringe are seen with Eli Lilly and Company logo displayed on a screen in the background in this illustration photo taken in Krakow, Poland on November 10, 2022.Jakub Porzycki | Nurphoto | Getty ImagesEli Lilly's…
Comcast (CMCSA) Q1 2023 earnings
Comcast topped analyst expectations with its first quarter earnings report Thursday, despite the cable and media giant's residential broadband business's slowing growth and mounting Peacock losses.Shares of the company rose more than 2% in…
Deutsche Bank logs 11th straight quarterly profit, reveals job cuts
A Deutsche Bank AG branch in the financial district of Frankfurt, Germany, on Friday, May 6, 2022.Alex Kraus | Bloomberg | Getty ImagesDeutsche Bank on Thursday reported a net profit of 1.158 billion euros ($1.28 billion) for the first…
Barclays Q1 2023 earnings
The headquarters of Barclays Plc beyond the West India Quay Docklands Light Railway station in the Canary Wharf financial district in London, UK, on Monday, March 20, 2023.Bloomberg | Bloomberg | Getty ImagesLONDON — Barclays on Thursday…
Meta Q1 2023 earnings report
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., center, departs from federal court in San Jose, Calif., on Dec. 20, 2022.David Paul Morris | Bloomberg | Getty ImagesMeta shares jumped 12% in extended trading on Wednesday…
Boeing (BA) earnings Q1 2023
A Boeing 737 Max is displayed during the Farnborough Airshow, in Farnborough, on July 18, 2022. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)Justin Tallis | AFP | Getty ImagesBoeing said Wednesday it will…
SK Hynix reports record quarterly operating loss, forecasts better outlook
South Korean chipmaker SK Hynix has reported a record quarterly operating loss of 3.4 trillion won ($2.54 billion) for the first quarter of the year.According to Reuters, this is its largest loss since the SK Group acquired Hynix in…
Illumina plans cost cuts as it faces shrinking margins
A building on the campus at the world headquarters of Illumina is shown in San Diego, California, September 1, 2021.Mike Blake | ReutersIllumina on Tuesday unveiled plans to cut costs in a bid to improve the DNA sequencing company's…
Chipotle Mexican Grill (CMG) earnings Q1 2023
Pedestrians wearing protective masks walk in front of a Chipotle restaurant in San Francisco, California, April 19, 2021.David Paul Morris | Bloomberg | Getty ImagesChipotle Mexican Grill on Tuesday reported quarterly earnings and revenue…
The banking crisis is having a slow-burn impact on the economy
People walk by the New York Stock Exchange (NYSE) on February 14, 2023 in New York City.Spencer Platt | Getty ImagesA banking crisis that erupted less than two months ago now appears to be less a major broadside to the U.S. economy than a…