Earnings
World’s largest oil company Aramco reports higher third-quarter net profit on production boost
Saudi Aramco’s Ras Tanura oil refinery and oil terminal Ahmed Jadallah | Reuters Saudi Aramco on Tuesday posted a 0.9% jump in third-quarter profit, beating expectations on the back of higher production even as oil prices remained under pressure. The world’s largest oil company reported adjusted net income of 104.92 billion Saudi riyals ($27.98 billion) […]
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Nintendo hikes Switch 2 sales forecast to 19 million units as flagship console momentum grows
TOPSHOT – A Super Mario character is pictured at a Nintendo display ahead of the launch of the company’s Switch 2 console, an electronics store in the city of Nagoya, Aichi prefecture on June 2, 2025. Richard A. Brooks | Afp | Getty Images Nintendo raised its forecast for sales of the Switch 2 console […]
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Starbucks to form joint venture with Boyu Capital to run China business
A Starbucks outlet in Hangzhou in east China’s Zhejiang province Thursday, Oct. 30, 2025. Long Wei | Feature China | Future Publishing | Getty Images Starbucks on Monday announced it is forming a joint venture with Boyu Capital to operate the company’s locations in China. Under the terms of the deal, Boyu, an alternative asset […]
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Palantir tops estimates, boosts fourth-quarter guidance on AI adoption
Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025. David Paul Morris | Bloomberg | Getty Images Palantir reported quarterly results that topped analysts’ estimates and issued better-than-expected guidance for the fourth quarter, attributing much of its strength to artificial intelligence. […]
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Third-quarter earnings are indicating a divided economy
A Taco Bell restaurant in El Cerrito, California, US, on Tuesday, April 29, 2025. David Paul Morris | Bloomberg | Getty Images With more consumer companies preparing to report third-quarter earnings this week, Wall Street will be watching for signs of a bifurcated or “K-shaped” economy as consumers diverge in their spending behaviors. There have […]
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Ryanair CFO Neil Sorahan on first half results, Boeing deliveries and growth outlook
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Neil Sorahan, Ryanair CFO, joins ‘Squawk Box’ to discuss the company’s first half results, Boeing aircraft delivery timeline, growth outlook, and more. Source
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Earnings playbook: AMD and Palantir set to report in another busy week
Another busy week of earnings lies ahead. About 130 S & P 500 companies are set to report this week, including Palantir Technologies , AMD and fast food giant McDonald’s . Those results come after the busiest week of the season, in which more than 150 names just posted quarterly figures. So far, profits have […]
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Don’t own any Apple? Gear up to buy some if the stock keeps falling
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. The S & P 500 and Nasdaq Composite pushed higher Friday, buoyed by strength in Big Tech names like Club holding Amazon . The e-commerce giant reported a blockbuster […]
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Reddit stock pops 14% after showing strong advertising and user growth
Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on the floor setting the share price at $47 in its initial public offering (IPO) on March 21, 2024 in New York City. Spencer Platt | Getty Images Reddit‘s stock popped more than 14% Friday after […]
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Coinbase earnings top estimates, helped by robust trading volume
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Coinbase shares ticked up nearly 3% Thursday as the digital assets company posted better-than-expected financial results, largely fueled by a resurgence in retail and institutional crypto trading on its platform, even as tokens are now just one of several assets at the center of its “everything […]
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