Earnings
Merck lowers profit outlook, partly due to $200 million expected tariff hit
Nurphoto | Nurphoto | Getty Images Merck on Thursday lowered its full-year profit guidance, citing $200 million in estimated costs for tariffs and a charge tied to a recent deal. The company now expects its 2025 adjusted earnings to come in between $8.82 and $8.97, down slightly from a previous outlook of 8.88 to $9.03 […]
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World’s largest sovereign wealth fund reports $40 billion loss in first quarter on tech downturn
The facade of Norway’s central bank, also known as Norges Bank, in Oslo, Norway. Bloomberg | Bloomberg | Getty Images Norges Bank Investment Management — the largest sovereign wealth fund in the world — on Thursday reported a first-quarter loss of 415 billion kroner ($40 billion), citing weakness in the tech sector. “The quarter has been […]
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Alaska Airlines warns of slower demand as second-quarter profit outlook falls short
An Alaska Airlines Boeing 737 MAX 9 plane sits at a gate at Seattle-Tacoma International Airport on Jan. 6, 2024. Stephen Brashear| Bloomberg | Getty Images Alaska Airlines on Wednesday warned that softer travel demand will eat into earnings in the second quarter, the latest in a chorus of carriers seeing weaker-than-expected bookings. Alaska said […]
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Alaska Airlines warns of slower demand as second-quarter profit outlook falls short
An Alaska Airlines Boeing 737 MAX 9 plane sits at a gate at Seattle-Tacoma International Airport on Jan. 6, 2024. Stephen Brashear| Bloomberg | Getty Images Alaska Airlines on Wednesday warned that softer travel demand will eat into earnings in the second quarter, the latest in a chorus of carriers seeing weaker-than-expected bookings. Alaska said […]
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Southwest to cut flights this year, pulls guidance, citing ‘macroeconomic uncertainty’
LAS VEGAS, NEVADA – MARCH 15: A Southwest Airlines Boeing 737 airplane departs from Harry Reid International Airport as another airplane taxis on March 15, 2025 in Las Vegas, Nevada. (Photo by Kevin Carter/Getty Images) Kevin Carter | Getty Images News | Getty Images Southwest Airlines said Wednesday that it will reduce its capacity in […]
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IBM beats on earnings and revenue, maintains full-year guidance
IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025. Andy Wenstrand | Sxsw Conference & Festivals | Getty Images IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday. Here’s how the company performed: Earnings per share: $1.60 adjusted vs. $1.40 expected Revenue: $14.54 billion vs. […]
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Chipotle Mexican Grill is about to report earnings. Here’s what to expect
The Chipotle logo is seen in New York City on July 16, 2024. Jakub Porzycki | Nurphoto | Getty Images Chipotle Mexican Grill is expected to report its first-quarter earnings after the bell on Wednesday. Here’s what Wall Street analysts surveyed by LSEG are expecting the company to report: Earnings per share: 28 cents expected […]
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Tesla stock pops after Trump comments on China tariffs and Powell, despite weak earnings
US President Donald Trump and Tesla CEO Elon Musk, alongside Musk’s son X Æ A-Xii, speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC. Mandel Ngan | AFP | Getty Images Tesla shares popped 5% after CEO […]
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Why cable companies like Comcast and Charter are leaning into mobile service
10’000 Hours | Digitalvision | Getty Images Cable companies are increasingly calling on mobile for their next big opportunity. The cable industry’s foray into wireless has long been considered a retention tool for the behemoth broadband business. Less than a decade after cable giants like Comcast and Charter Communications jumped into the mobile business, the […]
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Boeing reports results before the bell. Here’s what to expect
A Boeing 737 aircraft fuselage is pictured at the company’s Renton factory in Renton, Washington, on April 15, 2025. Jason Redmond | AFP | Getty Images Boeing is set to report results before the market opens on Wednesday, when Wall Street expects to see some improvements despite a trade war and other supply chain problems. […]
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