Earnings
Qualcomm stock sinks as memory shortage drags on forecast
President and CEO of Qualcomm Cristiano Amon delivers a speech at the Web Summit at Parque das Nacoes in Lisbon, on November 12, 2024. Patricia De Melo Moreira | AFP | Getty Images Qualcomm reported fiscal first-quarter earnings on Wednesday that beat expectations, but the company’s forecast came up short because of the global memory […]
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E.l.f. Beauty posts earnings beat, raises full-year guidance
Elf Beauty cosmetics Courtesy: e.l.f Beauty E.l.f. Beauty reported a huge earnings beat Wednesday and raised its guidance for the fiscal year. E.l.f. stock was up as much as 15% in after-hours trading before losing the majority of those gains. Here’s what the company reported for the third fiscal quarter, compared with analyst estimates from […]
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Alphabet to report earnings: AI, ad momentum key to the fourth quarter
Sundar Pichai, CEO of Google and Alphabet, attends the inauguration of a new hub in France dedicated to the artificial intelligence sector, at the Google France headquarters in Paris, France, on Feb. 15, 2024. Gonzalo Fuentes | Reuters Alphabet is set to report its fourth-quarter earnings Wednesday after the bell. Here’s what analysts polled by […]
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AMD’s Lisa Su addresses guidance concerns, says demand still accelerating for advanced chips
Advanced Micro Devices CEO Lisa Su defended the company’s lackluster forecast, telling CNBC on Wednesday that the chipmaker has seen a step up in demand over the last two to three months. Shares tanked 13% Wednesday. “What I would tell you from someone on the inside is AI is accelerating at a pace that I […]
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Uber reports 20% revenue growth in fourth-quarter, fueled by food delivery
Uber reported better-than-expected revenue in its fourth-quarter earnings report on Wednesday. Shares sank premarket after the release. Here’s how the company did versus LSEG consensus estimates for the period ended in December: Earnings per share: 71 cents adjusted Revenue: $14.37 billion vs. $14.32 billion estimated Revenue increased from $12 billion a year earlier, Uber said […]
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Eli Lilly blows past quarterly estimates, posts strong outlook as Zepbound and Mounjaro sales soar
Eli Lilly and Company’s logo is displayed during a press conference in Houston, Texas, U.S., Sept. 23, 2025. Antranik Tavitian | Reuters Eli Lilly on Wednesday posted fourth-quarter earnings and revenue and 2026 guidance that blew past estimates, as demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro soars. The pharmaceutical giant […]
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Yum Brands posts mixed quarter, Taco Bell shines
A customer enters a Taco Bell restaurant in El Cerrito, California, US, on Tuesday, April 29, 2025. David Paul Morris | Bloomberg | Getty Images Yum Brands on Wednesday reported mixed quarterly results, despite strong demand for Taco Bell. Here’s what the company reported for the period ended Dec. 31 compared with what Wall Street […]
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AMD is down 9% after reporting earnings. Here’s why
Chipmaker Advanced Micro Devices (AMD) dropped 9% in early market premarket trading on Wednesday after its first-quarter forecast fell short of some analyst expectations. AMD reported revenue of $10.27 billion for the fourth quarter that topped LSEG consensus estimates of $9.67 billion on Tuesday. The company said it expects $9.8 billion in revenue for the […]
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Novo Nordisk shares tumble 18% as CEO warns it will get worse before it gets better
Just as Novo Nordisk showed signs of a recovery, another cold shower hit investors as the drugmaker surprise pre-released its 2026 forecast late Tuesday, sending shares tumbling. Novo Nordisk’s stock plummeted 18% in Copenhagen early Wednesday, tracking losses seen in its American depositary shares on Tuesday and more than wiping out gains seen so far […]
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UBS beats expectations with $1.2 billion fourth-quarter profit, plans $3 billion buyback
Fabrice Coffrini | AFP | Getty Images UBS announced plans for a $3 billion buyback Wednesday and posted fourth-quarter profits that beat analysts’ forecasts. The Swiss banking giant said it aims to buyback at least $3 billion of shares in 2026, adding that it aims to do more. Net profit attributable to shareholders rose 56% […]
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