Tesla Battery Supplier Beats Profit Estimates. It’s Citing Soaring EV Demand.

Tesla battery supplier Contemporary Amperex Technology, or CATL, beat annual earnings expectations Friday, strengthening its status as the world’s largest electric-vehicle battery maker. The Chinese l...

Oracle Stock Is Dropping. Earnings Topped Views, but Revenue Disappointed.

Oracle stock is falling after the software company posted slightly worse-than-expected revenue results for its latest quarter. “Our strong quarterly earnings growth was driven by 48% constant currency...

Why DocuSign Stock Might Be Falling Despite Strong Earnings

DocuSign shares were trading lower after the electronic-signature software company posted better-than-expected results. DocuSign (ticker: DOCU) posted fiscal fourth-quarter adjusted earnings per share...

CrowdStrike’s Latest Earnings Convince Analyst It’s a Top Cybersecurity Stock

CrowdStrike’s strong fourth-quarter earnings and upbeat guidance underlines its status as one of the top performing software security names, according to one analyst.   D.A. Davidson analyst Rudy Kess...

United Natural Foods Stock Plunges After Slashing Profit Guidance

United Natural Foods stock plunged more than 23% early Wednesday as the food distributor slashed its profit outlook for 2023 and withdrew long-term financial targets. The company (Ticker: UNFI), which...

CrowdStrike Earnings Show It’s a Top Cybersecurity Stock, Analyst Says

CrowdStrike’s strong fourth quarter earnings and upbeat guidance underlines its status as one of the top performing software security names, according to one analyst.   D.A. Davidson analyst Rudy Kess...

BlackBerry Stock Dives on Latest Numbers as Revenue Forecast Disappoints

BlackBerry stock tumbled Tuesday, the morning after the Canadian cybersecurity firm released preliminary fiscal-year figures that disappointed Wall Street. The company said Monday evening that it expe...

Snowflake Stock Tumbles As Growth Outlook Disappoints

Snowflake shares are sharply lower in late trading Wednesday, after company provided guidance for the January 2024 fiscal year that fell short of Wall Street’s expectations. The softer outlook is cons...

Novavax Says ‘Substantial Doubt’ Around Its Continuing Operations

Covid-19 vaccine manufacturer Novavax said Tuesday that there is “substantial doubt” about its ability to continue operating through this year. In a quarterly earnings report issued after the market c...

Norwegian Cruise Line Misses Earnings Estimates. The Stock Is Falling.

Norwegian Cruise Line Holdings stock tumbled Tuesday as the company posted a wider-than-expected loss and provided disappointing guidance for 2023. Cruise operator Norwegian (ticker: NCLH) posted an a...

Warren Buffett’s Berkshire Posts Fourth-Quarter Earnings Fall

Berkshire Hathaway operating earnings declined 8% in the fourth quarter to $6.7 billion after taxes, hurt by a drop in profits at the company’s railroad business and a decline in the U.S. dollar.  Exc...

Carvana Posts Wider Q4 Loss. Used Car Demand Tumbled.

Online used-car dealer Carvana (ticker: CVNA) missed fourth-quarter earnings and revenue expectations and announced plans to cut about $1 billion in costs over the next six months while improving cust...

Stellantis Stock Rises After Earnings Top GM, Ford, and Even Tesla

Stellantis finished up 2022 stronger than expected. By some measures, the company had a better year than even Tesla Stellantis stock climbed in early Wednesday trading. Stellantis (ticker: STLA) repor...

Home Depot Beat Earnings Views, Boosted the Dividend. Why the Stock Is Falling.

Home Depot beat fourth-quarter earnings expectations, but missed on revenue and issued disappointing guidance for fiscal 2023. It also raised the dividend, but shares of the home-improvement retailer ...

DraftKings Reports Earnings Thursday. Analysts Are Worried About 2023.

DraftKings reported stronger than expected revenue and raised its outlook for 2023. Its business is getting a boost as more states legalize sports gambling. The gambling firm reported fourth quarter r...

EV Battery Maker QuantumScape’s Stock Is Plunging After a Run-Up

QuantumScape stock saw a wild gain on Wednesday, ahead of reporting a narrower-than-expected fourth-quarter loss after the market close. Shares are plunging Thursday morning. What’s more, the plunge i...

Cisco Stock Rallies on Earnings and Guidance Beat

Cisco Systems shares are trading sharply higher in late trading Wednesday after the networking equipment provider posted solid results for its fiscal second quarter ended Jan. 28, while sharply increa...

Cleveland-Cliffs Stock Falls After Earnings Beat Estimates. Here’s Why.

Steel maker Cleveland-Cliffs had a tough finish to the year as prices for its products fell. Still, quarterly results came in better than expected, but investors Tuesday weren’t giving the company muc...

Palantir Reports First Profitable Quarter. The Stock Is Soaring.

Palantir Technologies shares are soaring in late trading Monday after the company posted better-than-expected results for the fourth quarter, including its first-ever GAAP profit. The data-analytics s...

Disney Plans to Reinstate Its Dividend and Cut 7,000 Jobs. Nelson Peltz Declares Victory.

Walt Disney stock jumped after the entertainment company topped earnings expectations, while also announcing it was planning to cut jobs and reinstate its its dividend. Disney (ticker: DIS) reported n...

PepsiCo Beats Earnings Estimates and Hikes Dividend. The Stock Is Rising.

PepsiCo beat earnings and revenue estimates in the fourth quarter, driven by higher prices. It increased its annual dividend, sending the stock higher in premarket trading Thursday. The beverages and ...

Affirm Stock Drops. Company Slashes 19% of Jobs After Earnings Miss.

Affirm Holdings, a buy-now, pay-later fintech, is slashing 19% of its workforce after missing expectations for both its second fiscal quarter and its immediate outlook. Founder and CEO Max Levchin sai...

Disney Plans to Reinstate Its Dividend and Cut 7,000 Jobs. The Stock Jumps.

Walt Disney stock jumped on Wednesday after the entertainment giant topped earnings expectations, while also announcing it was planning to cut jobs and reinstate its its dividend. Disney reported non-...

Pinterest Stock Slumps After Earnings, a Soft Outlook, and CFO Resignation

Pinterest shares were trading sharply lower in late trading Monday after the social media firm provided cautious commentary on the outlook for the March quarter and announced the resignation of CFO To...

Eli Lilly and Novo Stock Sold Off. Don’t Blame Their Diet Drugs.

Stock in Eli Lilly and Novo Nordisk outperformed last year, largely because of remarkable demand for new drugs that drive weight loss in patients afflicted with diabetes and obesity. Both stocks were ...

Ford Missed Earnings, Will Pay Special Dividend, and Sold Rivian Stake

Ford Motor’s earnings for the fourth quarter weren’t good enough even though guidance for 2023 was just about right. The stock is falling even as strong cash flow has the company paying a special divi...

Shell Posts Annual Profit Record of $40 Billion and Launches $4 Billion Buyback

Shell the oil and gas giant, posted a record annual profit of $40 billion and announced a new $4 billion share buyback program Thursday, sending the stock higher. British energy giant Shell (ticker: S...

Altria Unveils $1 Billion Stock Buyback as Earnings Top Estimates

Marlboro maker Altria Group beat earnings and revenue estimates in the fourth quarter and announced a new $1 billion share buyback plan. The cigarettes company reported adjusted earnings per share (EP...

Johnson And Johnson Stock Slips After Missing The Mark For Earnings

Getty Images Key takeaways Johnson and Johnson revealed lower earnings and sales numbers than expected in Q4 2022 Even before Q4 numbers were released, JNJ started falling after a slew of new stories ...

Verizon Stock Has A Bumpy Ride After Just Meeting Expected Earnings

Verizon Getty Images Key takeaways Verizon met analysts’ expectations for adjusted earnings per share and revenue Verizon was able to add a large number of new wireless subscribers in the fourth quart...

Why Layoffs at 3M, Dow Are More Concerning Than Amazon, Google and Microsoft

Layoffs are spreading beyond tech. That’s a troubling trend investors should be paying attention to. On Thursday, chemicals giant Dow Inc. (ticker: DOW) reported weaker-than-expected fourth-quarter nu...

Mobileye Stock Gains After Blow-Out Earnings Show Growth in Self-Driving Cars

Car owners who want their vehicles to drive them around have been burned by years of overpromising by the auto industry. There are no truly self-driving cars. Autonomous-driving technology is getting ...