Earnings
Air travel in India remains ‘largely unpenetrated’: IndiGo CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Pieter Elbers, CEO of IndiGo, discusses the airline’s third-quarter results. He says both domestic and international demand for air travel remains “very strong.” Source
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Earnings playbook: Tech giants Apple and Meta Platforms lead a busy week of reports
The busiest week of the earnings season is here, with some of the world’s largest tech companies slated to report. Apple, Microsoft and Meta Platforms are among the roughly 90 S & P 500 companies due to post their latest quarterly figures. General Motors and Starbucks are also on the docket. It’s been a solid […]
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American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z
Key Points American Express’ affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC. Spending on AmEx cards jumped 8% year over year in the fourth quarter after slowing down from a 7% growth rate early in the year to 6% in the second and third […]
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Twilio shares pop 22% and head for biggest gain since Covid pandemic on growth forecast
Twilio CEO Khozema Shipchandler speaks at Twilio’s Signal event in Sao Paulo on Aug. 14, 2024. Courtesy: Twilio Twilio shares soared more than 20% on Friday and headed for their biggest gain since the early days of the Covid pandemic after the cloud communications software vendor issued an uplifting profit forecast for the coming years. The […]
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These companies have earnings momentum heading into their quarterly reports next week
Some companies reporting earnings next week have forward earnings momentum that investors may be able to ride. Next week will be busy for fourth-quarter earnings, with 90 companies in the S & P 500 index — and eight members of the Dow Jones Industrial Average — on the docket to report quarterly results. With companies […]
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Stocks making the biggest moves premarket: Twilio, Boeing, Novo Nordisk, CSX and more
Check out the companies making headlines before the stock market opens. Boeing — The airplane maker slipped slipped 1.3% after preliminary fourth-quarter financial results reflected ongoing struggles. Boeing said it expects to report a loss of $5.46 per share for the fourth quarter on revenue of $15.2 billion, less than analysts’ expectations, according to LSEG […]
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Stocks making the biggest moves after hours: Boeing, Texas Instruments, CSX, Intuitive Surgical and more
Check out the companies making headlines after the bell : Boeing — The airplane maker saw shares dropping nearly 2% in after-hours trading after the company released preliminary fourth-quarter financial results. The company said it expects to post a loss of $5.46 per share for the fourth quarter as the results were affected by a […]
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Boeing details losses from labor strike, new contract
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington. Lindsey Wasson | Reuters Boeing on Thursday released preliminary fourth-quarter financial results that were impacted by a nearly two-month labor strike and a new labor agreement last year, […]
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Airlines flex pricing power, signaling higher fares in 2025
Travelers walk through O’Hare International Airport in Chicago, Illinois, on December 20, 2024 ahead of the upcoming Christmas holiday. Kamil Krzaczynski | AFP | Getty Images Higher airfare is in store this year as strong demand, even during the dead of winter, and limited capacity growth prompt airlines to flex their pricing power. Fare-tracking platform […]
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EA shares plunge 19%, on track for worst day since dot-com bubble
A sign is posted in front of the Electronic Arts headquarters in Redwood City, California, on March 30, 2023. Justin Sullivan | Getty Images Shares of Electronic Arts headed for their steepest drop since 1999 after the video game publisher cut its full-year bookings guidance, due mostly to challenges with its soccer franchise. The stock […]
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