Pfizer probably did more than any other company to help the world normalize from the pandemic, and it reaped a financial windfall from its twin Covid-19 franchise—the top-selling vaccine and the leadi...
Tag: Financial Performance
‘Patience will be rewarded.’ Here’s why Wall Street is not panicked over Amazon’s earnings slump.
Amazon.com Inc.’s worst annual loss ever was triggering a gentle gallop toward the exits among investors on Friday, but Wall Street analysts were stoic, urging patience on the long-term value offered ...
Apple, Amazon, Alphabet, Ford, Nordstrom, and More Stock Market Movers
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What Happens to Buybuy Baby if Bed Bath & Beyond Files for Bankruptcy?
As Bed Bath & Beyond faces a growing risk of bankruptcy, the question of what will become of its strongest asset, Buybuy Baby, has loomed large. The chain, which sells strollers, car seats, and ot...
Bill.com stock drops 20% as weak revenue forecast overshadows earnings beat
Bill.com Holdings Inc. shares dropped in the extended session Thursday after the business automation software company’s revenue outlook struggled to exceed Wall Street expectations. Bill.com BILL, +8....
Ford logs $2 billion loss in 2022, says profit was left ‘on the table’
Ford Motor Co. late Thursday reported a $2 billion loss for the year and mixed quarterly results, blaming “deeply entrenched” shortcomings around costs and systems that put the brakes on its hopes to ...
Amazon earnings: What to expect
Amazon.com Inc. is expected to deliver a profit for its holiday quarter, but not enough to offset its losses from earlier in 2022. Even with Amazon AMZN, +6.95% projected to report about $2 billion in...
There’s still too much risk in stock and bond markets. Earn this easy 4.5% return while you wait for stability, says trader who hit 2 big calls in 2022.
Ahead of major tech earnings later, Meta results are lighting up the Nasdaq Composite COMP, +2.97% for Thursday. The S&P 500 SPX, +1.40% is also up as investors take a glass-half full view of the ...
Qualcomm Earnings Could Disappoint. Smartphone Demand Could Be Why.
Qualcomm, the maker of mobile processors and 5G wireless chipsets, may report muted earnings results after Thursday’s market close. Wall Street’s consensus estimate calls for Qualcomm (ticker: QCOM ) ...
Intel cuts pay, bonuses and other benefits while maintaining dividend
Intel Corp. continues to cut costs for everything except payments to investors. Intel INTC, +2.87%, which is already in the process of cutting what is believed to be thousands of jobs amid steep decli...
SoFi’s banking moves are proving a ‘unique advantage,’ analyst says
SoFi Technologies Inc. continues to win praise for its banking efforts after the digital financial-services company gave an upbeat earnings forecast and touted the benefits of its banking charter for ...
Pfizer CEO: Covid Infections Will Rise. So Will Paxlovid and Vaccine Sales.
Pfizer executives say Wall Street analysts haven’t understood just how powerful a hit the company’s Covid-19 products will take this year. That’s the explanation the company’s chief financial officer,...
Apple earnings may rely on an unlikely hero amid iPhone uncertainty
Apple Inc. was saved in its last earnings report by an unlikely hero, and the same dynamic may show up in the tech giant’s holiday earnings. Macs posted record revenue of $11.5 billion that was more t...
Lithium Americas Soars After GM Invests $650 Million. EV War Is Escalating.
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Boeing stock downgraded on ‘worse-than-expected’ supply-chain problems
Boeing Co. faces ongoing supply-chain challenges that will limit upside from jet deliveries and create an overhang on investor sentiment. That’s from analyst Ken Herbert at RBC, who on Friday downgrad...