The global semiconductor shortage, sparked by pandemic-influenced demand spikes, reportedly led to a near-sellout of 2022 chip supply before the year even started, but investors and analysts are conce...
Tag: Earnings
SunPower to Record $31 Million of Charges for Cracking Issue. The Stock Tumbles.
Text size An employee works to install new solar panels at a solar plant in Turkey. Chris McGrath/Getty Images SunPower shares were falling sharply Friday after the solar tech company said it expects ...
Netflix, Peloton, Disney and more
Netflix logo Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Netflix – Shares of the streaming giant tanked 21%, on pace for their worst day s...
Disney (DIS) Falls After Disappointing Earnings Report
Shares for The Walt Disney Company (DIS) are falling after it reported disappointing earnings for the fourth quarter of 2021. Disney posted revenue of $18.53 billion versus analyst expectations of $18...
Huntington Banchares stock down after earnings miss
Huntington Bancshares Inc. HBAN, -9.17% shares fell 4.4% in premarket trades on Friday after the bank missed Wall Street’s earnings target. The Columbus, Ohio financial company said it earned $4...
Schlumberger Q4 Earnings Beat, Sees ‘Favorable’ 2022 Oilfield Service Fundamentals
Oilfield service leader Schlumberger’s (SLB) fourth-quarter earnings beat analyst expectations Friday, following a mixed report from Baker Hughes (BKR) Thursday. BKR stock briefly cleared a buy ...
Schlumberger shares rise premarket after company tops earnings estimates and offers upbeat outlook
Schlumberger Ltd. shares SLB, -0.13% rose 1.4% premarket Friday, after the energy giant beat estimates for the fourth quarter and said it expects demand-led capital spending in the sector to create a ...
Netflix Stock Plunges 20% Following Disappointing Earnings Report
Topline Netflix shares dropped 20% in after-hours trading Thursday following the release of its fourth-quarter earnings report, which exceeded analysts’ expectations on some counts but continued a tre...
Peloton CEO says company is taking ‘significant corrective actions’
John Foley, co-founder and chief executive officer of Peloton Interactive Inc., stands for a photograph during the company’s initial public offering (IPO) in front of the Nasdaq MarketSite in Ne...
Nasdaq 100 futures fall after Netflix’s earnings disappoint
U.S. stock index futures were lower during overnight trading Thursday following a disappointing earnings report from Netflix, building on the major averages’ declines during regular trading. Fut...
Intuitive Surgical stock falls after company earnings hurt by fewer procedures
Shares of Intuitive Surgical Inc. ISRG, -0.25% fell more than 4% in the extended session Thursday after the health care company reported fourth-quarter earnings and sales slightly above expectations b...
Stocks making the biggest moves after hours: Netflix, CSX & more
In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines ...
Travelers, American Airlines, Signet Jewelers and more
Check out the companies making headlines before the bell: Travelers (TRV) – The insurance company reported a quarterly profit of $5.20 per share, well above the $3.86 consensus estimate, with revenue ...
American Airlines (AAL) revenue grew in fourth quarter, posts narrower loss
American Airlines posted its highest revenue of the pandemic during the fourth quarter as bookings rose, but it still reported a loss, as the spread of the omicron variant hurt bookings. “Over t...
American Airlines Beats Earnings Estimates. The Stock Is Rising.
Text size American Airlines stock pointed 1.2% higher in premarket trading Thursday. Getty Images American Airlines beat earnings expectations in the fourth quarter, reporting a smaller-than-expected ...
Tesla earnings: News about the Cybertruck and new factories could set the tone for 2022
Tesla Inc. is slated to report fourth-quarter earnings next Wednesday, with investors expecting a return of Chief Executive Elon Musk to the post-results call and bracing for what could be worrying ne...
Alcoa Earnings Crush Estimates; AA Stock Rises After Hours
Alcoa (AA) reported Q4 earnings after Wednesday’s close that blew past estimates, putting an exclamation point on the end of a transformative year for the aluminum play. Shares rose after the Al...
Johnson & Johnson’s got a new CEO and a plan to split the company in two. Here’s what else to expect out of J&J’s earnings
Johnson & Johnson JNJ, -0.31% has long been viewed as a bellwether stock for other health care companies, given its early slot in the earnings calendar and a business model that spans everything f...
United Airlines (UAL) reports quarterly results
An aircraft takes off from O’Hare International Airport on January 18, 2022 in Chicago, Illinois. Scott Olson | Getty Images United Airlines said the surge in Covid-19 infections has hurt bookin...
Plug Power Just Gave Bullish 2022 Sales Guidance. The Stock Is Down.
Text size Investors will be listening to Plug Power’s conference call to hear how hydrogen technology is developing and being adopted. Courtesy Plug Power Hydrogen fuel cell technology provider ...
SoFi, Procter & Gamble, U.S. Bancorp and more
Pampers Diapers, which are manufactured by Procter & Gamble, are displayed in an Associated Supermarket in New York. Ramin Talai | Bloomberg | Getty Images Check out the companies making headlines...
Procter & Gamble plans more price hikes for Tide and other products
Procter and Gamble Co. Pampers brand baby diapers are arranged for a photograph taken in Hastings on Hudson, New York, U.S., on Saturday, Oct. 17, 2020. Tiffany Hagler-Geard | Bloomberg | Getty Images...
Bank of America Earnings Rise 28% and Top Forecasts. The Stock Is Rising.
Text size A Bank of America branch in New York. Victor J. Blue/Bloomberg Bank of America delivered strong fourth-quarter earnings Wednesday, bucking a trend seen across much of the sector this earning...
Bank of America, UnitedHealth, P&G and more
Check out the companies making headlines before the bell: Bank of America (BAC) – Bank of America shares rallied 3.2% in the premarket after it beat estimates by 6 cents with a quarterly profit of 82 ...
MS earnings 4Q 2021
James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019. Giulia Marchi | Bloomberg | Getty Ima...
Procter & Gamble (PG) Q2 2022 earnings
Tide, a laundry detergent owned by the Procter & Gamble company, is seen on a store shelf on October 20, 2020 in Miami, Florida. Joe Raedle | Getty Images Procter & Gamble on Wednesday reporte...
BAC earnings 4Q 2021
Brian Moynihan, chairman and chief executive officer of Bank of America Corp, speaks in New York City, September 25, 2019. Shannon Stapleton | Reuters Bank of America on Wednesday topped analysts̵...
Leading Tesla shareholder wants automaker to issue deliveries guidance above Wall Street estimates
You don’t see this very often. Leo KoGuan, who according to Bloomberg is the third-largest individual shareholder at Tesla TSLA, -1.82%, on Wednesday was publicly lobbying the company over Twitter on ...
‘We Were Wrong’ About Exxon’s Prospects, Analyst Says
Text size Scott Olson/Getty Images A former bear on Exxon Mobil has changed his tune, and acknowledged that he underestimated the company’s comeback last year. RBC Capital Markets analyst Biraj Borkha...