Deutsche Bank smashes profit expectations in fourth quarter as higher interest rates bolster revenue

A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany, September 30, 2016. Kai Pfaffenbach | Reuter Deutsche Bank on Thursday reported its 10th straight quarter ...

AMD Soars After Profit Beat; Intel Cuts Worker Benefits

Advanced Micro Devices Inc. (AMD) shares soared nearly 13% Wednesday after the chipmaker offered an inline first-quarter outlook, reassuring investors spooked last week when rival Intel Corp. (INTC) i...

Polygon Whale Rakes In Over 5000% Profit As MATIC Ends January With A 50% Surge ⋆ ZyCrypto

Advertisement &nbsp &nbsp A long-term MATIC holder gained a mouth-watering $5.2 million worth of digital assets from an $84,000 investment three years ago. The price of MATIC ...

Profit Guzzling Chevron Hikes Dividend, Announces Massive Share Buyback

For investors in search of yield and share appreciation, Chevron (CVX) is a top stock to consider. X The megacap energy stock — headquartered in San Ramon, Calif. — reported fourth-quarter earnings on...

Boston Scientific stock slides 5% premarket after profit miss

Boston Scientific Corp. stock BSX, +1.79% slid 5% in premarket trade Wednesday, after the medical device maker missed profit estimates for the fourth quarter. The company had net income of $126 millio...

MicroStrategy expected to report profit despite down quarter for crypto: Preview

MicroStrategy reports fourth quarter results Thursday with the company expected to turn a profit after several down quarters even as revenue comes in slightly lower than a year earlier.  The sof...

Exxon Mobil Stock Sits On A $30 Billion War Chest, Record Profit Target

Exxon Mobil (XOM) will report fourth-quarter financial results Tuesday, with analysts expecting the energy giant to close out 2022 with its highest revenue since 2013. Exxon Mobil stock edged lower ea...

S&P 500: Think Chevron’s Profit Was Obscene? 5 Companies Will Blow It Away

Chevron‘s (CVX) giant $36.5 billion 2022 profit certainly turned heads — including at the White House. But plenty of S&P 500 companies will make even more than the oil giant. X The bulk of S...

GE HealthCare stock rises after reporting first results after GE spinoff, with revenue rising 8% but profit slipping

Shares of GE HealthCare GEHC, rose 1.3% in premarket trading Monday, reversing an earlier loss, after the medical technology and pharmaceutical diagnostics company reported its first results as a publ...

Bitcoin Buyers From 2019 Back in Profit as BTC Chases $24K

Bitcoin prices have held onto recent gains this weekend, lifting to a new high for the year during the Monday morning Asian trading session. The move has placed another cohort of BTC buyers into the p...

2019 Bitcoin investors back in profit above $21.8k

Investors who purchased Bitcoin in 2019 are back in profit, according to data analyzed by Glassnode and CryptoSlate. The average acquisition price can be derived by tracking exchange data and aligning...

Fluidity Aims to Reward Actual DeFi Users Over Profit Farmers

Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) If you’ve been in DeFi for a while, you already know about yield farming and the Curve Wars. But what about utility farm...

Exxon’s Q4 comes hot on the heels of Chevron’s giant profit, here’s what to expect

Exxon Mobil Corp. is slated to report earnings before the bell on Tuesday, hot on the heels of results showing a mixed quarter for Chevron Corp., and amid renewed scrutiny over oil giants’ share buyba...

Pfizer Facing Profit Drop After Record Year as COVID Vaccine Demand Fades

Drugmaker Pfizer (PFE) will see out the most lucrative year in its history with fourth-quarter results due early Tuesday and hope its 2023 guidance isn’t too much of a letdown amid diminished de...

Analyst picks Exxon over Chevron after latter missed profit estimates

Chevron Corporation (NYSE: CVX) is trading down this morning after reporting its fourth-quarter profit that came in shy of street estimates. Chevron has a new stock buyback programme In its upstream b...

Optimism short-term holders planning to book profit should read this first

Velodrome, a new DEX on Optimism, witnessed a 52% uptick in TVL. Despite declining transactions and testnet performance, positive indicators suggested an optimistic future for Optimism. Recently, a ne...

Blackstone profit falls, but distributable earnings beat estimates

Blackstone Inc. BX, +3.02% stock fell 1% in premarket trades on Thursday after the private equity firms said its fourth-quarter net income fell to $557.9 million, or 75 cents a share, from $1.4 billio...

Archer Daniels Midland blows past Wall Street’s profit and revenue estimates

Archer Daniels Midland Co. ADM, -1.24% said Thursday its fourth-quarter profit rose to $1.02 billion, or $1.84 a share, from $782 million, or $1.38 a share, in the year-ago quarter. Adjusted earnings ...

Big Oil Faces Headwinds After Record $199 Billion Profit Haul

(Bloomberg) — Exxon Mobil Corp., Chevron Corp., Shell Plc, TotalEnergies SE and BP Plc reaped almost $200 billion collectively last year but fears of an economic slowdown, plunging natural gas p...

STMicroelectronics revenue, profit jump on automotive, microcontrollers strength

STMicroelectronics NV on Thursday posted a surge in revenue and profit for the fourth quarter led by growth at its automotive and microcontrollers divisions. The European chip maker STM IT:STM said ne...

Chevron to Buy Back $75 Billion in Stock After Record Profit

(Bloomberg) — Chevron Corp. plans to buy back $75 billion of shares and increase dividend payouts after a year of record profits that evoked angry denunciations from politicians around the world...

Tesla Posts Best-Ever Quarterly Revenue And Profit

Topline Tesla beat analyst expectations in its fourth-quarter earnings report Wednesday though expenses soared, as the electric vehicle giant led by the nation’s wealthiest man Elon Musk grapple...

EV giant reports Q4 revenue and profit beat; Cybertruck to begin production later this year

Tesla stock is trading slightly higher in after hours following the EV maker reporting a Q4 earnings revenue and profit beat. In addition, the company announced its Cybertruck is on track for producti...

Bitcoin [BTC]: Recent price jump has put holders in profit, new report shows

At press time, BTC was trading at a price level last seen in August 2022. The rally in price since the beginning of the year has put many holders in profit. Strong gains between 20 – 22 January pushed...

ASML Profit Tops Expectations. It Sees a Chip Market Rebound.

ASML Holding, a critical supplier to the global chip-making industry, said Wednesday that it expects to report more than 25% sales growth this year despite uncertainty in the semiconductor industry, a...

Majority of Dogecoin (DOGE) Holders Now in Profit After Shiba Inu Rival Rallies 32% This Month: IntoTheBlock

A leading analytics firm shows that the majority of Dogecoin (DOGE) holders are now seeing gains after its strong performance this month. IntoTheBlock reveals that 62% of Dogecoin owners are in the gr...

EasyJet expects higher 2023 profit as booking strength continues

EasyJet PLC said Wednesday that it expects to beat fiscal 2023 market consensus for pretax profit after first-quarter revenue rose, and that booking strength continues across the second quarter and in...

ASML reports forecast beating profit of $1.96 billion on higher sales

ASML Holding NV said Wednesday that for the fourth quarter it beat net profit consensus and net sales rose, and that it expects continued strong sales growth in 2023 despite a challenging environment....

Short-Term Bitcoin Investors Are Taking Profit After the Pump: Glassnode

Certain Bitcoin investors are selling while they can after the primary cryptocurrency reclaimed $23,000 earlier this month, according to Glassnode.  The blockchain intelligence provider’s latest repor...

ISRG Stock Skids 10% On Light Profit As Covid Disruptions Continue

Intuitive Surgical (ISRG) reported lighter-than-expected fourth-quarter profit on Tuesday, leading ISRG stock to skid despite in-line sales. X During the December quarter, the robotic surgery giant ea...

Intel Profit to Slump, Dismal Forecast Feared

Key Takeaways Intel is expected to post adjusted fourth-quarter EPS of $0.18 on Jan. 26. That would represent a year-over-year drop of 83%, while revenue is expected to drop 30%. The chip maker has be...

Chinese New Year Bitcoin Trade Is Guaranteed Profit, Researchers Say

Does an average 9% return on investment sound attractive? As it turns out, this is exactly what the Chinese New Year has had in store for Bitcoin investors for the past eight years, according to a new...