Earnings
Novartis CEO says pharma giant has the firepower for big M&A deals: ‘Can never be done’
This photograph taken on October 30, 2022, shows the logo of the Swiss pharmaceutical and drug maker Novartis on a building in Basel. Gabriel Monnet | Afp | Getty Images Novartis “can never be done” when it comes to major acquisitions in its sector as it always needs to look for the next “great asset,” […]
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HSBC’s third-quarter profit drops 14%, but beats expectations on higher revenue, interest income
Two HSBC bank logos are displayed on an office building in Mexico City, Mexico, July 25, 2025. Henry Romero | Reuters Europe’s largest lender HSBC on Tuesday beat third-quarter profit expectations on the back of revenue growth, which included a rise in the bank’s net interest income and a robust performance in its wealth segment. […]
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Earnings playbook: Five ‘Magnificent Seven’ members are set to report in busy week
One of the busiest weeks of the earnings season is upon us, with more than 150 S & P 500 companies set to report. Among the stocks on deck are five of the “Magnificent Seven”: Apple , Amazon , Alphabet , Meta Platforms and Microsoft . Others include UnitedHealth and Caterpillar . So far, third […]
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Week in review: Stocks hit records on inflation data, earnings — plus, we started a new name
Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a back seat to cooler inflation data and stronger earnings. The S & P 500 and Nasdaq rose 2% and 2.3%, respectively, for the week. In fact, the S & P 500 on Friday peaked above […]
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Stocks making the biggest moves premarket: Intel, Ford, Deckers, P&G, Comfort Systems & more
Check out the companies making headlines before the opening bell : Intel — The chip stock surged more than 7% in premarket trading after the company reported better-than-expected revenue as demand for its core x86 processors for PCs recovered. Ford Motor — The Detroit automaker moved 4.2% higher following its third-quarter earnings beat . Ford’s […]
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Procter & Gamble beats earnings estimates but warns of higher costs from tariffs
Boxes of Tide Pods dishwasher detergent are displayed at a Costco Wholesale store on July 12, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images Procter & Gamble on Friday reported fiscal first-quarter earnings and revenue that beat analysts’ expectations, lifted by higher demand for its beauty and grooming products. However, the […]
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Kering shares pop as ‘sharp’ improvement at Gucci builds investor optimism
A woman wearing a Gucci belt and bag is seen during Paris Fashion Week in September 2018 Christian Vierig | Getty Images Shares of Gucci owner Kering closed up 8.7% on Thursday, hitting a 1-year high after the company’s sales decline narrowed and quarterly earnings beat estimates. The French luxury giant – whose brands include […]
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Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
A Ford logo on a Ford F-150 pickup truck for sale in Encinitas, California, U.S. Oct. 20, 2025. Mike Blake | Reuters DETROIT – Ford Motor is set to announce third-quarter earnings after the markets close Thursday. Here’s what Wall Street expects, based on average analysts’ estimates compiled by LSEG: Earnings per share: 36 cents […]
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American Airlines profit forecast for the rest of the year tops estimates
An American Airlines Airbus A321 airplane departs Los Angeles International Airport en route to Orlando on March 30, 2025. Kevin Carter | Getty Images News | Getty Images American Airlines posted a smaller-than-expected loss for the third quarter, and its outlook for the rest of the year came in ahead of Wall Street forecasts, sending […]
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Europe’s big enterprise AI hope SAP books 85% of 2026 revenue as deals boom
The world of enterprise AI is dominated by U.S. names from Microsoft to Salesforce, but Europe has a major player that is pushing hard into the space: SAP. In an exclusive interview with CNBC’s “Europe Early Edition,” SAP CEO Christian Klein said that AI is “the number one reason” why customers are signing deals with […]
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