Exxon Mobil Corp. and Chevron Corp. are scheduled to report second-quarter earnings on Friday before the bell as their booming profits and revenue remain under increased scrutiny and rising costs and ...
Tag: Financial Performance
Nancy Pelosi’s husband sells $4 million worth of Nvidia stock at a major loss
The husband of House Speaker Nancy Pelosi sold more than $4 million worth of shares in software and computer-chip company Nvidia NVDA, +7.60% this week, publicly available financial disclosures show. ...
Boeing Earnings Revealed Another Big Loss. What Saved the Day for the Stock.
Text size Boeing delivered 121 commercial jets in the second quarter of 2022, up from 95 jets delivered in the first quarter. Justin Tallis/AFP via Getty Images Boeing’s quarterly earnings were messy,...
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...
PayPal Is Being Targeted by Activist Elliott. Here’s Why.
Text size PayPal shares have slid this year as people have returned to their prepandemic spending habits. Courtesy of PayPal Payments giant PayPal finally has attracted an activist. PayPal (ticker: PY...
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...
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’s Earnings Are Today. Here’s What to Expect.
Text size Google’s Bay View campus in Mountain View, Calif. Noah Berger/ AFP/ Getty Images Tuesday night is a big one for Alphabet , and for the rest of the stock market. Google’s parent company...
Ford, GM earnings preview: Will 2022 outlooks be intact?
General Motors Co. and Ford Motor Co. are scheduled to report second-quarter earnings on Tuesday and Wednesday, with investors worried about their guidance for the year amid fears of a recession. GM G...
Microsoft earnings: It’s the forecast that matters, so be patient
The most important financial news Microsoft Corp. executives will provide Tuesday requires a bit of a wait. Microsoft MSFT, -0.59% is scheduled to report fiscal fourth-quarter financial results after ...
More Shoppers Buy Store Brands, Eating Into Big Food Companies’ Sales
Cost-conscious consumers are buying more store brands at the supermarket, raising pressure on big food companies that are dealing with their own rising costs. Lower-cost oatmeal, pickles, granola bars...
This Stat Shows Why Analysts Are Bullish on Energy Stocks
Text size Analysts are more bullish about energy companies than are investors. (Photo by Justin Sullivan/Getty Images) Getty Images Energy stocks make up just 4% of the S&P 500 but are expected to...
Bed Bath & Beyond Followed a Winning Playbook—and Lost
Mark Tritton arrived at Bed Bath & Beyond in 2019 with a plan to revive the home-goods retailer and ward off competition from Amazon.com Inc., Target Corp. and other large chains: sell what nobody...
About 2,500 Boeing workers to strike after rejecting contract offer
ST. CHARLES, Mo. — Roughly 2,500 Boeing workers are expected to go on strike next month at three plants in the St. Louis area after they voted Sunday to reject a contract offer from the plane maker. T...
Lam Research stock slips after hours despite earnings beat, upbeat outlook
Lam Research Corp. fell in the extended session Wednesday after the semiconductor-making-equipment supplier beat on earnings and forecast a likely beat in the current quarter amid continuing supply co...