Earnings
What Taiwan Semi’s blowout quarter means for these 2 portfolio chip stocks
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 Thursday’s key moments. 1. The U.S. stock market pushed modestly higher Thursday, buoyed by a strong revenue forecast from Taiwan Semi , which shifted Wall Street’s focus from escalating trade tensions with China. […]
Read More
Nestle jumps 8% after consumer goods giant announces plans to slash 16,000 jobs
Jars of Nescafe Instant coffee, part of food giant Nestle’s portfolio, sit on a supermarket shelf in Encinitas, California, U.S., September 2, 2025. Mike Blake | Reuters Nestle said Thursday it will cut 16,000 jobs as the firm’s new CEO Philipp Navratil looks to accelerate a turnaround at the consumer goods giant. In a bid […]
Read More
United Airlines’ summer earnings and profit outlook top estimates, but revenue falls short
A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on Aug. 24, 2024. Kevin Carter | Getty Images United Airlines on Wednesday forecast higher-than-expected earnings for the fourth quarter after a rocky start to 2025. The carrier expects to earn between $3 and $3.50 a share […]
Read More
Bank of America tops estimates on 43% surge in investment banking revenue
Brian Moynihan, CEO of Bank of America, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affairs Committee on the issue of debanking on Thursday, February 13, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images Bank of America on Wednesday posted third-quarter results that exceeded […]
Read More
Morgan Stanley slated to release third-quarter earnings
Key Points Wall Street-centric banks like Morgan Stanley and peer Goldman Sachs are in an ideal environment. Wall Street trading desks have seen booming activity in the quarter, while investment banking continues to see a resurgence in activity for mergers and IPOs. Shares of Morgan Stanley have climbed almost 24% this year. Source
Read More
ASML looks to calm fears over 2026 growth as it warns of China sales decline
Dutch semiconductor equipment giant ASML on Wednesday looked to calm concerns over 2026 growth as it warned that it expects a “significant” sales decline in China. The firm said it does not expect 2026 total net sales to be below 2025 and added that it will provide more details on its outlook in January. Guidance […]
Read More
J&J to spin off orthopedics business, raises full-year forecast
Johnson & Johnson said on Tuesday it plans to separate its orthopedics business into a standalone company named DePuy Synthes within the next 18 to 24 months, marking its second major spinoff in two years. The health-care conglomerate also raised its 2025 sales forecast after reporting quarterly earnings that topped Wall Street expectations. The company […]
Read More
JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects
JPMorgan Chase & Co CEO Jamie Dimon arrives for a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington, DC. Drew Angerer | Getty Images JPMorgan Chase is scheduled to report third-quarter earnings before the opening bell Tuesday. Here’s what Wall Street expects: Earnings per share: $4.84, according […]
Read More
Goldman Sachs reports third-quarter earnings before the bell
Key Points Goldman Sachs reports third-quarter earnings before the market opens Tuesday. Wall Street analysts expect earnings per share of $11 on revenue of $14.1 billion, according to LSEG. Goldman executives will hold a call with analysts at 9:30 a.m. ET. Source
Read More
Earnings playbook: Big banks including Goldman Sachs and JPMorgan Chase kick off the season
The latest earnings season is set to kick off in earnest, and the stakes are high. More than 30 S & P 500 companies are slated to release their calendar third-quarter results this week. Among them are Goldman Sachs, JPMorgan Chase and Bank of America. Johnson & Johnson are also on deck. Analysts on average […]
Read More