Breaking News: Earnings
CVS Health raises full-year forecast after beating second-quarter expectations
People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters CVS Health on Wednesday lifted its earnings outlook for the year, after beating Wall Street’s expectations for the fiscal second quarter. The health-care company said it now expects adjusted earnings per share for the full year […]
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Airbnb stock slumps despite record-breaking bookings
Brian Chesky, CEO and Co-founder of Airbnb Mike Segar | Reuters Airbnb beat Wall Street estimates for earnings and posted revenue that was in line with estimates for the second quarter. The company also announced a $2 billion share buyback program. Shares were down about 9% after hours, despite what appeared to be a strong report, […]
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PayPal jumps as Elliott Management says it has a $2 billion holding in the financial-services company
Dan Schulman, president and chief executive officer of PayPal Holdings Inc., arrives for the morning session of the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, U.S., on Wednesday, July 10, 2019. The 36th annual event gathers many of America’s wealthiest and most powerful people in media, technology, and sports. Patrick T. […]
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Starbucks beats earnings and revenue estimates, despite lockdowns in China
An employee hands a bag to a customer at the drive-thru of a Starbucks coffee shop in Hercules, California, on Thursday, July 28, 2022. David Paul Morris | Bloomberg | Getty Images Starbucks on Tuesday reported better-than-expected quarterly earnings and revenue, despite lockdowns in China weighing on its performance. Shares of the company rose more […]
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Uber reports another big loss but beats on revenue, shares pop 10%
Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during an interview in San Francisco, on Tuesday, Dec. 14, 2021. David Paul Morris | Bloomberg | Getty Images Uber reported a second-quarter loss on Tuesday but beat analyst estimates for revenue. Shares of Uber popped 10% in premarket trading. Here are the key numbers: […]
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Roku shares crater after company misses on earnings and warns of ‘recessionary fears’
A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company’s IPO at the Nasdaq Market in New York, September 28, 2017. Brendan McDermid | Reuters Roku shares plummeted more than 25% in extended trading on Thursday after the company missed expectations on the top and […]
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Amazon says cloud-computing revenue rose 33%, topping Wall Street estimates
Amazon Web Services CEO Adam Selipsky speaks at the AWS Reinvent conference in Las Vegas on Nov. 30, 2021. Noah Berger | Getty Images Amazon said Thursday that revenue from its cloud segment rose 33% in the second quarter, beating analysts’ estimates. Amazon Web Services generated $19.74 billion in revenue in the period, according to […]
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Intel CFO says we’re ‘on the bottom’ after company misses earnings and stock sinks
Intel CEO Pat Gelsinger pictured during the ‘Chips for health’ event at the Grischa Hotel at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Eric Lalmand | Belga Mag | AFP | Getty Images Intel shares sank as much as 10% in extended trading on Thursday after the chipmaker reported second-quarter results […]
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Meta reports earnings miss and forecasts second consecutive quarter of declining revenue
People take photos of the new “Meta” sign at the One Hacker Way in Menlo Park, as Facebook changes its company name to Meta in California, on October 28, 2021. Tayfun Coskun | Anadolu Agency | Getty Images Facebook parent Meta reported a steeper-than-expected drop in revenue, missed on earnings and issued a surprisingly weak […]
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Ford Motor will report its second-quarter results after the bell
Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland Ford Motor Company will report its second-quarter earnings shortly after the U.S. markets close today. Here’s what Wall Street is expecting. Adjusted earnings per share: $0.45, according to Refinitiv estimates. […]
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