Tag: earnings

[ad_1] A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris,…

[ad_1] It appears most ETF investors aren’t cashing out of technology despite this year’s painful losses. The widely-held ARK Innovation ETF and the Technology Select Sector SPDR Fund, down 59% and…

[ad_1] Check out the companies making headlines before the bell: Exxon Mobil (XOM) – Exxon Mobil added 2.2% in premarket trading after record profits exceeded analyst forecasts. Higher natural gas…

[ad_1] Customers shop at the Apple Fifth Avenue store for the release of the Apple iPhone 14 in New York City, September 16, 2022. Andrew Kelly | Reuters Check out…

[ad_1] Analysts downgraded their price targets for Amazon.com after it reported missing its third quarter sales expectations alongside a weak sales forecast for the upcoming festive season. Amazon AMZN, -4.06%…

[ad_1] Apple Inc. joined the chorus of Big Tech woes Thursday, falling short of expectations on quarterly iPhone sales and sending its stock lower in late trading. The smartphone giant…

[ad_1] Switzerland’s second largest bank Credit Suisse is seen here next to a Swiss flag in downtown Geneva. Fabrice Coffrini | AFP | Getty Images Credit Suisse on Thursday posted…

[ad_1] Lloyds Banking Group PLC on Thursday reported a 26% fall in third-quarter pretax profit after booking an impairment charge due to the weakening economic outlook, but raised its interest…

[ad_1] Check out the companies making headlines before the bell: Boeing (BA) – Boeing added 1% in the premarket in spite of reporting an unexpected quarterly loss and revenue that…

[ad_1] The logo of Alphabet Inc’s Google outside the company’s office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Check out the companies making headlines after hours. Alphabet…

[ad_1] Skechers USA Inc. shares dropped more than 10% in late trading Tuesday after the maker of sneakers missed profit expectations for its latest quarter and delivered an outlook that…

[ad_1] Check out the companies making headlines before the bell: AT&T (T) – AT&T rose 2.4% in the premarket after reporting better-than-expected profit and revenue for the third quarter. The…

[ad_1] Elon Musk looks at a robot display during a tour of the new Tesla Motors auto plant, formerly operated New United Motor Manufacturing Inc. (NUMMI), in Fremont, California, U.S.,…

[ad_1] The numbers: Mortgage rates have risen to the highest level in 20 years. The 30-year fixed-rate mortgage averaged 6.94% as of October 20, according to data released by Freddie…

[ad_1] U.K. bond yields rose while the British pound fell on Friday, reflecting both the political turmoil as well as the state of the underlying economy as retail sales fell…

[ad_1] EssilorLuxottica SA said Friday that revenue in the third quarter picked up thanks to strong sunglasses sales in Europe over the summer and reopenings in China. The Franco-Italian eyewear…

[ad_1] Grocery-delivery company Instacart Inc. is delaying its long-awaited initial public offering because of poor market conditions, according to news reports Thursday. The New York Times first reported Thursday that…

[ad_1] Snapchat logo displayed on a phone screen is seen with a laptop in the background in this illustration photo taken in Krakow, Poland on August 10, 2022. Jakub Porzycki…

[ad_1] Johnson & Johnson JNJ, +0.01% said surgical procedure volumes are returning to pre-pandemic levels in many parts of the world, a trend that cheered Wall Street and could bode…

[ad_1] The numbers: Construction on new U.S. homes fell a seasonally adjusted 8.1% in September to 1.44 million, the Commerce Department said Wednesday.  The drop in construction on homes reverses…

[ad_1] Macy’s Inc. and Nordstrom Inc. became the latest retailers to lower their financial goals for the year, citing risks of a steeper economic downturn and slowdown in consumer spending. Macy’s M, +4.00%, the biggest U.S.…

[ad_1] Goldman Sachs posted third-quarter results Tuesday that topped analysts’ expectations for profit and revenue on better-than-expected trading results. Here are the numbers: Earnings: $8.25 a share vs. $7.69 per…

[ad_1] Big American banks have mostly resisted bulking up loan loss reserves this year as the financial health of consumers and corporations has held up despite mounting recession concerns. That…

[ad_1] Revlon signage is seen on display in a Boots store in London, Britain, June 16, 2022. Hannah McKay | Reuters Check out the companies making headlines in midday trading.…

[ad_1] Check out the companies making headlines before the bell: Albertsons (ACI) – Albertsons lost 4.1% in the premarket after announcing a merger deal with supermarket rival Kroger (KR). Albertsons surged…