Take a look at some of the biggest movers in the premarket: Wynn Resorts (WYNN) – Investor Tilman Fertitta has taken a 6.1% stake in the resort operator, according to a Securities and Exchange Commiss...
Tag: Earnings
Stocks Decline Before Earnings, Central Bank Moves: Markets Wrap
(Bloomberg) — European stocks erased early gains and US equity futures slipped at the start of another busy week of earnings and key central bank decisions. Most Read from Bloomberg Commodity sh...
Adidas Bails From Yeezy. Why That Packs a Punch.
Times are tough at Adidas The German company has too much inventory and falling China sales. It’s slashed guidance, and earnings ran about half what Wall Street expected. The stock is down by more tha...
Apple Stock Jumps on Earnings but Faces Key Test on the Chart
Apple (AAPL) helped lend some stability to the Nasdaq last night when it reported earnings after the close. Now it’s doing so on Friday. Big tech has not reacted well to earnings this week and Amazo...
DVN Stock Headlines Big Week Of Energy Earnings; Lithium Giants Albemarle, Livent Also Set To Report
The stock market uptrend is still intact despite ugly earnings sell-offs for Google parent Alphabet (GOOGL), Microsoft (MSFT) and Meta Platforms (META). DVN stock headlines a busy week of oil and gas ...
Analysts Turn Bullish On Gilead After Q3 Earnings Surpass Expectations
Thursday, Gilead Sciences Inc (NASDAQ: GILD) reported Q3 revenue decreased 5% Y/Y to $7.04 billion, which beat average analyst estimates of $6.12 billion. The company reported quarterly earnings of $1...
Volkswagen and Porsche’s Earnings Don’t Make a Lot of Sense. The Numbers, Explained.
Text size Investors should ask themselves why Volkswagen is worth nothing when its stake in Porsche is backed out. AFP via Getty Images European auto makers Volkswagen and Porsche both reported third ...
Top Stocks Lockheed And PepsiCo Break Out To All-Time Highs On Earnings Strength
Top stocks Lockheed Martin (LMT) and PepsiCo (PEP) hit all-time highs Friday, continuing to rally after beating Q3 estimates earlier this month. Both are in their buy zones, with LMT stock coming off ...
Apple, Amazon, Intel and more
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 the companies making headlines in midday tr...
New stocks, 2 trades, earnings recap
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Looking for new names We ma...
AbbVie Stock Slips as Sales Miss Expectations And Bigger Challenges Await.
Stock in AbbVie slipped after the drug company reported a higher profit than expected, while sales fell short. The revenue shortfall may have reminded investors of a challenge AbbVie (ticker: ABBV) fa...
AbbVie Stock Skids On Mixed Earnings Report, Narrowed 2022 Earnings View
AbbVie stock skidded Friday after “temporary economic headwinds” hamstrung its aesthetics drugs, including face-filler Botox, during the third quarter. X Overall, AbbVie‘s (ABBV) med...
AbbVie Reports Mixed Earnings, Tightens Guidance, Lifts Quarterly Dividend
AbbVie Inc (NYSE: ABBV) reported Q3 adjusted EPS of $3.66, up 29.3% Y/Y and beating the consensus of $3.59. Overall sales increased 3.3% Y/Y (5.4% on an operational basis) to $14.81 billion, missing t...
Exxon Boosts Quarterly Dividend After Four Fold Increase In Q3 Earnings
Exxon Mobil Corp (NYSE: XOM) has posted a Q3 profit of $4.45 per share, a robust increase over $1.58 a year ago versus the consensus of $3.65. But the company’s revenue, at $112.07 billion, jump...
Apple offers a dim light in an otherwise ‘dark earnings season’: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, October 28, 2022 Today’s newsletter ...
‘Pretty much Google 2.0’ — Amazon price targets reduced by analysts, though they say the long-term story is intact
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, -10....
Exxon Mobil, Chevron, Amazon and others
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 prices and...
Intel Releases Q3 2022 Earnings Report, Plans to Reduce Headcount
With losses here and there in Q3 2022, Intel CEO believes that the economic meltdown may continue till the coming year. Semiconductor company Intel (NASDAQ: INTC) saw its shares rise 7% at extended tr...
Amazon Says Profits Could Disappear And Apple Facing ‘Significant’ Headwinds In Q4
Key Takeaways Amazon grew revenue 15% in Q3, but predicts its profits could be zero in Q4. Apple is also expecting a drop in revenue in Q4, with major impacts being felt from the continued strength of...
Bitcoin Price Loses Steam At $20K, Earnings Plays Against Crypto
The Bitcoin price is at risk of returning to its range below $19,500 if bulls fail to defend current levels. The cryptocurrency was trending higher after weeks of consolidation, leading to a spike in ...
Amazon stock sinks after holiday forecast and cloud growth, profit disappoint; $150 billion in market cap at risk
Amazon.com Inc. predicted Thursday that holiday sales and profit would come in well lower than analysts expected as cloud growth slowed and Amazon Web Services profit missed expectations by nearly $1 ...
AMD lowered the bar for earnings, but there is still intrigue in one result
Advanced Micro Devices Inc. has already slashed expectations for its financial performance with a warning, but there is still some intrigue with the chip-maker’s earnings report. AMD AMD, +5.82% is sc...