Topline The stock market moved slightly higher on Wednesday morning thanks to a boost from Big Tech stocks like Microsoft and Alphabet, which both rallied despite missing earnings estimates, while inv...
Tag: Earnings
Boeing, Hilton, Spotify, Garmin and more
Check out the companies making headlines before the bell: Boeing (BA) – Boeing posted a wider-than-expected quarterly loss with revenue that fell below consensus estimates. However, Boeing reported po...
Logitech CEO says customers will come back in the fall after first-quarter earnings miss
Customers who are spending their summers traveling will come back to purchase tech equipment in the fall, Logitech CEO Bracken Darrell told CNBC’s Jim Cramer on Tuesday. “I think everybody...
Lucid stock levels to watch as LCID prepares for Q2 earnings release
Lucid Motors (NASDAQ: LCID) has been busy lately by opening new retail locations around the globe in an attempt to increase its presence and brand awareness. The latest retail location is in Pacific ...
Credit Suisse chairman denies plans to sell or raise capital after mammoth loss
Speculation has emerged in recent months that Credit Suisse may be considering a capital raise. Thi My Lien Nguyen | Bloomberg | Getty Images Credit Suisse Chairman Axel Lehmann denied any intention t...
Deutsche Bank beats expectations to post eighth straight quarter of profit
Deutsche Bank beat market expectations to post an eighth straight quarter of profit on Wednesday, recording a second-quarter net income of 1.046 billion euros ($1.06 billion). The German lender exceed...
Qualcomm Reports Earnings Today. What to Expect.
Text size Qualcomm is expected to report revenue of $10.86 billion for its June quarter. Josep Lago/AFP via Getty Images Investors will get an important update on Qualcomm’s business when the maker of...
US Futures Rise on Earnings Amid Countdown to Fed: Markets Wrap
(Bloomberg) — Stocks and US equity futures rallied Wednesday as a batch of resilient company earnings helped alleviate some of the wider caution in markets ahead of a pivotal Federal Reserve mon...
Visa tops earnings expectations as CFO sees ‘no evidence of a pullback’ in spending
Visa Inc. topped expectations with its latest results Tuesday and gave an upbeat signal to investors about the resilience of spending volumes in the current macroeconomic climate. Amid increasing unea...
Dow Jones Futures Rise On Google, Microsoft Earnings After Stocks Skid; Fed Rate Hike Looms
Dow Jones futures rose overnight, along with S&P 500 futures and especially Nasdaq futures. Google and Microsoft headlined overnight earnings, with the Federal Reserve meeting announcement looming...
Microsoft stock jumps after ‘shockingly robust’ forecast calls for continued strong cloud growth
Microsoft Corp. missed expectations for profit and revenue in a Tuesday earnings report, as deteriorating economic conditions led to an even greater shock than expected when executives revised their g...
Alphabet earnings miss estimates, ad revenue beats, stock pops
Google parent company Alphabet (GOOG, GOOGL) reported earnings that missed Wall Street estimates after the closing bell on Tuesday. The technology giant said adjusted earnings per share hit $1.21 duri...
Microsoft misses on Q4 earnings, cloud business falls short
Microsoft (MSFT) reported its fiscal Q4 earnings on Tuesday, missing investors’ expectations on the top and bottom line. The company also missed on expectations for its all important Intelligent...
Alphabet, Texas Instruments, Enphase and more
A Chipotle Mexican Grill sign is seen in the Park Slope neighborhood in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in after hour...
Chipotle Mexican Grill (CMG) Q2 2022 earnings
People visit a Chipotle restaurant on February 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Chipotle Mexican Grill on Tuesday reported disappointing sales as price hikes helped boost profits ...
Adidas cuts 2022 outlook on slower China recovery, potential global slowdown
Pedestrians walk by a large Adidas logo inside the German multinational sportswear shop. Miguel Candela | SOPA Images | LightRocket via Getty Images Adidas on Tuesday cut its financial forecast for 20...
McDonald’s (MCD) Q2 2022 earnings beat estimates
A sign is posted in front of a McDonald’s restaurant on April 28, 2022 in San Leandro, California. Justin Sullivan | Getty Images McDonald’s on Tuesday said both price hikes and value item...
Walmart, Shopify, 3M, General Electric and more
Vehicles pass a Walmart store in Torrance, California, on Sunday, May 15, 2022. Bing Guan | Bloomberg | Getty Images Check out the companies making headlines in midday trading Tuesday. Walmart – Share...
Coca-Cola (KO) Q2 2022 earnings
A woman is drinking Coca-Cola near Playacar Beach in Playa del Carmen, Mexico. Artur Widak | NurPhoto | Getty Images Coca-Cola on Tuesday reported quarterly earnings that topped expectations as the be...
Enphase Energy Stock: A Solar Company Poised For An Earnings Breakout?
Enphase Energy (ENPH) plans to release its second-quarter earnings Tuesday, with investors waiting to see if the maker of solar components can meet Wall Street predictions and post consecutive quarter...
Global sales jump 10%, earnings top estimates
McDonald’s (MCD) reported earnings and same-store sales that topped expectations before the market open on Tuesday. The company reported U.S. same-store sales that rose 3.7% while international ...
Walmart, General Motors, Polaris and more
Check out the companies making headlines before the bell: Walmart (WMT) – Walmart slumped 9.5% in the premarket after cutting its outlook for the current quarter and full year. The retail giant said h...
Opinion: Google and Microsoft earnings show the bar has been lowered for Big Tech
Alphabet Inc. and Microsoft Corp. both reported results that missed Wall Street’s expectations Tuesday, but not only did investors not melt down, both actually saw their stocks rise in after-hours tra...