Earnings
Hispanic shoppers are spending less on groceries, putting pressure on consumer companies
Miami, Hialeah Gardens, Florida, Walmart Supercenter, checkout line cashier, customers paying. Jeff Greenberg | Universal Images Group | Getty Images Hispanic consumers are cutting back their grocery spending on everything from beer to cooking spray, executives said during recent earnings calls. Coca-Cola, Constellation Brands and Colgate-Palmolive are among the companies that have reported a slowdown […]
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Hims & Hers gives weak outlook but says more collaborations are coming
Shares of Hims & Hers Health fell in extended trading on Monday after the company reported first-quarter earnings that beat analysts’ expectations but offered weaker-than-expected guidance. Here’s how the company did based on average analysts’ estimates compiled by LSEG: Earnings per share: 20 cents vs. 12 cents Revenue: $586 million vs. $538 million Revenue at […]
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From the New Testament to Nixon: Takeaways from Palantir CEO Alex Karp’s shareholder letter
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Palantir CEO Alex Karp offered up another batch of colorful commentary to investors alongside the […]
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Barbie-parent Mattel pulls annual forecasts, will hike prices as tariffs raise costs
Mattel Inc. Barbie brand dolls for sale in the Toys “R” Us section of the Macy’s flagship store on Black Friday in New York, US, on Friday, Nov. 25, 2022. Jeenah Moon | Bloomberg | Getty Images Barbie-parent Mattel withdrew its annual financial targets on Monday and said it would increase prices for some products […]
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Palantir lifts full-year guidance as CEO Karp cites ‘tectonic shift’ in 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 boosted its revenue guidance Monday as the artificial intelligence software company saw commercial and government revenue boom. Shares were down about 2% after […]
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Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
The Ford display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC DETROIT – Ford Motor is set to report its first-quarter earnings after the markets close Monday, but investor focus is expected to be more on the automaker’s 2025 guidance and impact of President Donald Trump’s […]
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European markets mixed, Erste Group Bank rises 7% after acquiring stake in Santander’s Polish unit
On the trading floor of the Frankfurt Stock Exchange, traders watch their monitors in front of the display board showing the Dax curve on April 9, 2025. Arne Dedert | Picture Alliance | Getty Images European bourses had a mixed start to the week on Monday, with U.K. markets closed for a bank holiday, as […]
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Berkshire Hathaway operating earnings drop more than expected as Buffett warns of tariff uncertainty
Key Points Operating earnings, which include the conglomerate’s fully owned insurance and railroad businesses, fell 14% to $9.64 billion during the first three months of the year. Much of that decline was driven by a 48.6% plunge in insurance-underwriting profit. Berkshire said President Donald Trump’s tariffs and other geopolitical risks created an uncertain environment for […]
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Chevron to slow pace of share buybacks as Trump tariffs and OPEC+ production weigh on oil prices
Chevron will slow the pace of its share buybacks, as falling crude prices hit the oil major’s first-quarter profit. U.S. crude oil prices have dropped about 18% this year as President Donald Trump’s tariffs are expected to weigh on demand at the same time OPEC+ plans to pump more supply into the market. The oil major […]
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Earnings show one tech segment starting to feel the tariff pinch fastest
Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025. Shawn Thew | Afp | Getty Images A tale of two different technology companies is playing out this earnings season as President […]
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