Text size Snap co-founders Bobby Murphy (left) and Evan Spiegel (center) at the Snap IPO in 2017. Drew Angerer/Getty Images Snap intends to split its stock—if it can more than triple in price. The Sna...
Tag: Earnings
Seagate’s Earnings Miss Estimates as Demand for Disk Drives Worsens
Text size A Seagate hard drive from an Apple laptop computer. Demand is weakening in consumer-related markets. Brent Lwein/Bloomberg The disk-drive company Seagate Technology posted sales and profits ...
AT&T stock pulls back from historic drop after earnings
AT&T shares sank Thursday despite an earnings beat in a quarter with a lot of moving parts due to recent business divestments. While the company raised its annual forecast for mobility-service rev...
AT&T’s Dividend Yield Jumps as the Stock Falls After Earnings
Text size AT&T Justin Sullivan/Getty Images AT&T stock is shedding value on Thursday, after a big miss on second-quarter free cash flow and lowered guidance for the remainder of the year. That...
Silvergate Q2’22 Earnings Update
July 20, 2022, 3:35PM EDT • 3 min read Quick Take Market intelligence series includes our latest on Celsius, Voyager and BlockFi Silvergate Capital closed at $79.60 per share, reflecting a +22.4% rall...
AT&T Stock Chart: Buy or Sell After Cash-Flow Outlook Disappoints?
AT&T (T) – Get AT&T Inc. Report seemingly can’t catch a break. The stock is down more than 7% on Thursday after the telecom giant reported earnings. On the plus side, the shares have bo...
Danaher, Tesla, AT&T and more
A woman walks by an AT&T store in Washington D.C. Ting Shen | Xinhua News Agency | Getty Images Check out the companies making headlines in midday trading. Danaher – Shares of the medical conglome...
AT&T Stock Drops Despite Adding Subscribers. Here’s Why.
Text size AT&T added more wireless and fiber subscribers than expected, paid down debt, and continued to invest in fiber and 5G. Justin Sullivan/Getty Images In its first three months as a telecom...
Cleveland-Cliffs’ Charts Look Uninspired Ahead of Earnings
By BRUCE KAMICH Jul 21, 2022 | 08:16 AM EDT Stocks quotes in this article: CLF Steel producer Cleveland-Cliffs ( CLF) is scheduled to report its second-quarter results Friday morning. In our April 22 ...
Blackstone shares dip after posting loss but its distributable earnings beat estimates
Blackstone Inc. BX, -3.65% shares fell 3.9% in premarket trades on Thursday after the private equity firm said it swung to a second-quarter loss of $29.4 million, or 4 cents a share, from net income o...
Three Big Banks To Watch As Earnings Roll In
. The coronavirus pandemic tested the resilience of banks and many have come out even stronger than they were before. Deposits across the country remain at historically high levels. To combat inflatio...
American Airlines (AAL) 2Q 22 earnings
American Airlines posted its first quarterly profit since the Covid pandemic started without government aid but joined competitors in scaling back growth plans after a host of disruptions this year. T...
S&P 500 retreats from 6-week high on weak earnings, recession concerns
The S&P 500 fell Thursday, retreating from a six-week high, after a weak batch of corporate earnings and economic data revived fears of a recession on Wall Street. The Dow Jones Industrial Average...
Domino’s Pizza (DPZ) Q2 2022 earnings
An employee places a cooked pizza into a delivery box inside a Domino’s Pizza Group Plc store. Jason Alden | Bloomberg | Getty Images Domino’s Pizza on Thursday reported mixed quarterly re...
Nokia Boosts Sales as Turnaround Gains Steam
Nokia said it was on track to hit the higher end of its 2022 sales forecast, as sales of its telecommunications equipment rose in North America and its efforts to rebound from the missteps of recent y...
AT&T, DR Horton, Travelers and more
Check out the companies making headlines before the bell: AT&T (T) – AT&T fell 1.8% in the premarket, despite beating estimates on both the top and bottom lines for the second quarter, as it l...
Lockheed Martin recovers in Q2 after dipping slightly on earnings miss
Lockheed Martin (NYSE: LMT) reported its Q2 earnings on Tuesday, July 19, missing the top and bottom lines due to supply chain issues. Further, the full-year guidance was trimmed as the problems cause...
Ford Plans to Cut Several Thousand Salaried Jobs
Ford Motor Co. is planning to cut several thousand white-collar workers as it looks to trim costs to position the company for a long-range transition to electric vehicles, according to people familiar...
Tesla Tops Q2 Earnings Views, But Automotive Margins Decline; Shares Gain After-Hours| Investor’s Business Daily
Tesla (TSLA) reported better-than-expected second-quarter earnings late Wednesday, even as the electric-vehicle maker dealt with plant closures in Shanghai and supply shortages. Tesla stock edged high...
AT&T Stock: Earnings Due Amid Flight To ‘Safe Yield’ Stocks
When AT&T (T) reports second-quarter earnings early Thursday, anything that impacts its dividend yield outlook likely will matter most to investors. AT&T stock has climbed in 2022 as recession...
Chip stocks rally despite an ominous forecast, as U.S. semiconductor funding bill advances in Senate
Chip stocks rallied to finish higher Wednesday after the Senate moved closer to greenlighting more than $50 billion in funds for U.S.-based chip manufacturing, even as one chip-equipment maker gave an...
United Airlines (UAL) 2Q 2022 earnings
An aircraft takes off from O’Hare International Airport on January 18, 2022 in Chicago, Illinois. Scott Olson | Getty Images United Airlines on Wednesday notched a key profit milestone in its pa...
Apple Earnings Could Miss Estimates, Morgan Stanley Warns
Text size The new Apple retail store in Istanbul. Chris McGrath/Getty Images Apple earnings estimates and price targets continue to slip lower as the Street turns wary ahead of the company’s June-quar...
Netflix’s earnings results mark a key pivot point for streaming giant
Co-founder and CEO of Netflix Reed Hastings attends a red carpet for the Netflix launch at Palazzo Del Ghiaccio on October 22, 2015 in Milan, Italy. Jacopo Raule | Getty Images Netflix‘s second-...
United Airlines stock is a ‘buy’ ahead of Q2 earnings: Boris Schlossberg
United Airlines Holdings Inc (NASDAQ: UAL) is set to report its financial results for the second quarter after the bell. Ahead of earnings, the Managing Director of FX Strategy at BK Asset Management ...
For Netflix stock, forget subscribers, content. It’s now about cash
A sign is posted in front of Netflix headquarters on April 20, 2022 in Los Gatos, California. Justin Sullivan | Getty Images A day after Netflix reported that its second-quarter slide in subscribers w...