How bad is the mood out there right now? Try max bearish. So said Bank of America’s latest fund manager survey on Tuesday that showed expectations for profits and growth at recessionary levels. Yet Wa...
Tag: Earnings
ASML Stock Drops. The Chip Supplier Slashes Sales Outlook Amid Delays.
Text size ASML’s machines are key to the global chipmaking industry. Courtesy Bart van Overbeeke/ASML ASML beat expectations for second-quarter earnings, but shares in the critical supplier of m...
Dow Jones Rally 754 Points Ahead of Corporate Earnings Announcements
Markets make a strong rebound with some analysts believing that the bottom could be already in. Banking giants make strong gains on Tuesday. On Tuesday, July 19, all three US stock indices witnessed a...
Shares Jump Despite Subscriber Losses
Getty Images Key takeaways Netflix earnings for Q2 2022 dropped Tuesday after market close The streaming giant posted a loss of 970,000 subscribers compared to its previous loss forecast of 2 million ...
Baker Hughes, Biogen, Netflix and more
Check out the companies making headlines before the bell: Baker Hughes (BKR) – The oilfield services company reported second-quarter adjusted earnings of 11 cents per share, just half of what analysts...
AT&T, Verizon, and T-Mobile Earnings Are Coming. What to Expect.
AT&T is among the big telecoms reporting earnings this week. Stefani Reynolds / AFP via Getty Images Text size Telecom stocks have been a haven in 2022, with the big U.S. companies leading the mar...
Stock futures extend Dow rally as Netflix earnings beat estimates
U.S. stock futures traded higher on Wednesday morning after a sharp rally for the three major indexes during Tuesday’s regular trading session. Dow Jones Industrial Average futures rose 83 point...
Netflix Stock Surges On Q2 Profit Beat, Subscriber Growth Forecast
Updated at 5:17 pm EST Netflix Inc. (NFLX) – Get Netflix Inc. Report posted better-than-expected second quarter earnings Tuesday, but lost nearly 1 million subscribers and forecast softer near-...
Stocks soar as investors parse another round of earnings
U.S. stocks rose sharply in a turnaround rally Tuesday that helped lift all three major indexes more than 5% from their lows in June. The benchmark S&P 500 index gained 2.8%, while the Dow Jones I...
AT&T Looks Impressive to a T Ahead of Earnings
AT&T (T) has struggled and made missteps in the past but we want to be forward looking. The company is scheduled to report earnings before the opening of trading Thursday, so let’s check out...
Netflix shares rise after earnings report
(L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbi...
Netflix (NFLX) earnings Q2 2022
Fans gather at the Netflix booth at a trade show. Mike Blake | Reuters Netflix shares jumped 8% after the company said it lost fewer subscribers than anticipated during the second quarter. The company...
LMT Stock: Lockheed Slashes Guidance After Earnings Miss As Defense Giants Wipe Out Ukraine Invasion Gains
Lockheed Martin (LMT) on Tuesday reported second-quarter earnings and revenue came in below analyst expectations, and the defense giant also slashed guidance. LMT stock closed flat on Tuesday after br...
Blackstone Earnings Are Coming. What to Expect.
Text size Blackstone is expected to produce Q2 results of $1.43 a share in distributable earnings. Angus Mordant/Bloomberg Blackstone will kick off earnings season for alternative asset managers when ...
‘Hot inflation is over.’ Here’s where what that means for investors, says this portfolio manager.
A firmer start is ahead for stocks. Investors seem to be perking up after Apple spoiled the mood some on Monday via a report it plans to slow its hiring roll. If true, Apple AAPL, +2.39% has good comp...
IBM, Boeing, Hasbro, Ford & more
IBM CEO Arvind Krishna appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Check out the companies making headlines i...
Dow Rebounds 500 Points, Analysts ‘Cautiously Optimistic’ After More Solid Earnings
Topline The stock market surged Tuesday, recouping losses from the previous session, as investors cheered another round of solid quarterly earnings results from corporate America despite inflationary ...
Netflix Q2 earnings preview: what to look for?
It won’t be much of a surprise even if Netflix Inc (NASDAQ: NFLX) ends up losing more than the guided for 2.0 million paid subscribers this quarter, says Alex Sherman. He’s a Media Reporter at CNBC. N...
IBM, NCR, Cinemark and more
Take a look at some of the biggest movers in the premarket: IBM (IBM) – IBM slid 5.9% in premarket action despite beating top and bottom line estimates for the second quarter. IBM warned of a $3.5 bil...
Halliburton shares jump 3% at open as HAL stock beats earnings
On July 19, Halliburton (NYSE: HAL) reported earnings for the second quarter, beating the earnings-per-share (EPS) estimates of $0.49 by $0.04. The company announced a net income of $109 million, or $...
IBM stock tanks after reporting earnings
International Business Machines (NYSE: IBM) reported quarterly earnings on July 19, garnering attention from market participants. With over 60 companies reporting earnings this week, a common thread o...
Johnson & Johnson beats earnings
Johnson & Johnson (NYSE: JNJ) on Tuesday, July 19, posted quarterly earnings results, beating estimates across the board. However, not everything was ideal as the company had to cut its full-year ...
Stock Futures Rise amid Generally Bleak Market as Goldman Sachs Posts Better-than-Expected Earnings
The stock futures tied to all three major indexes advanced after Goldman Sachs’ latest earnings report came in better than expected. Goldman Sachs (NYSE: GS) finally released its anticipated earnings ...
Wise share price popped after earnings. Is it a good buy?
Wise (LON: WISE) share price rose by more than 10% on Tuesday morning after the company published strong quarterly results. The stock jumped to 387p, bringing its total market cap to about 3.50 billio...
Dow Jones Futures Rise After Stock Market Stages Nasty Reversal With Netflix, Tesla Earnings Due
Dow Jones futures were higher following Monday’s nasty stock market reversal ahead of Netflix earnings, due out Tuesday. Tesla earnings are on deck for Wednesday. X Earnings season continues, wi...
IBM Earnings Beat Estimates. The CEO Says Tech Demand Remains Strong.
IBM has restructured to focus on software and services tied to hybrid cloud computing and artificial intelligence. David Paul Morris/Bloomberg Text size IBM kicked off tech earnings season with better...
Oil Stocks Rise As These Field Service Giants Prepare To Report Earnings
Oil stocks and prices rose sharply Monday following news that Saudi Arabia did not plan to boost its oil output beyond OPEC+-assigned quotas. Against that backdrop of tight oil and gas supplies, risin...
Netflix Users are Leaving; 3 Rival Streamers Seeing Big Gains
Netflix (NFLX) – Get Netflix Inc. Report has a critical week ahead of it. Fresh off of the success of Stranger Things 4, which is shaping up to be the streamer’s biggest television hit e...
Here’s Jim Cramer’s advice to navigate this uncertain earnings season
Earnings season is entering full swing on Wall Street, and CNBC’s Jim Cramer said Monday that investors would be wise to take a wait-and-see approach toward shares of companies that are about to...
Stock futures are flat after Dow reverses course to start busy earnings week
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, July 13, 2022. Brendan McDermid | Reuters Stock futures were flat after the Dow Jones Industrial Average slumped mor...
What a Netflix crackdown on password sharing could look like
Netflix Inc. has vowed to clamp down on password sharing as it looks to improve its financial fortunes, and the company just shared more details about how it will do that. The company plans to make cu...