Nike shares rise after sneaker maker's sales top estimates, aided by online growth, strength in China

Nike's earnings and sales topped estimates, driven by triple-digit growth online in North America, and strong demand from Chinese consumers.

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Olive Garden parent's revenue falls 19% as new dining restrictions hit same-store sales

Darden Restaurants topped analysts' expectations for its quarterly earnings but fell short of estimates for its revenue.

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FedEx beats quarterly earnings and revenue estimates but cites continued uncertainty of Covid pandemic

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Lululemon earnings, sales top estimates on strong demand for workout gear

Lululemon reported sales of $1.1 billion, up 22% from a year ago, beating analysts' estimates as shoppers frequented its website to buy workout apparel.

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Oracle reports slow revenue growth as licensing and hardware businesses decline

Oracle's quarterly results exceeded expectations, although smaller parts of its business declined.

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Stitch Fix shares skyrocket more than 30% on earnings beat, upbeat outlook

Stitch Fix shares soared Monday afternoon, after the company reported a surprise profit and revenue growth of 10% from a year ago.

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Snowflake shows 119% revenue growth in first earnings report as a public company

Snowflake kept up the revenue growth after its debut on the New York Stock Exchange in September.

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Salesforce reports slowing revenue and weak earnings forecast

Despite the beat, Salesforce shares moved lower as the acquisition of work communication app Slack had an immediate impact.

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Hewlett Packard Enterprise is the latest tech company to leave Silicon Valley, and is moving to Houston

The coronavirus pandemic has given a number of tech companies, and prominent Silicon Valley figures, an excuse to exit California.

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Zoom's astronomical growth rate appears to be moderating; shares fall

Zoom saw revenue growth accelerate again in the most recent quarter. Now the company is expecting a slight slowdown.

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HP jumps on earnings beat and rising PC notebook sales

The company beat estimates and notebook PC sales grew even as total revenue declined.

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Gap shares tumble as earnings fall short, retailer 'remains optimistic' about the holidays

Gap reported fiscal third-quarter earnings that fell short of expectations, as higher spending on marketing offset sales gains at Old Navy and Athleta.

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Best Buy tops estimates on strong online sales, but shares fall on lack of holiday forecast

Despite its strong third quarter, Best Buy declined to provide an outlook because of the pandemic.

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Dick's Sporting Goods taps President Lauren Hobart as CEO, sales surge as consumers buy fitness gear

Dick's Sporting Goods on Tuesday announced its current president, Lauren Hobart, is set to succeed Ed Stack as chief executive on Feb. 1.

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Sonos stock rallies a day after earnings beat, reaches 52-week high

The speaker maker reported strong fiscal fourth-quarter earnings and fiscal-year revenue guidance that beat expectations.

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Macy's shares fall as same-store sales drop more than 20%

Macy's reported a same-store sales decline of more than 20%, as consumers cut back their spending on clothes and accessories at department stores.

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Nvidia beats on both earnings and revenue, sales up 57%

Analysts had been expecting a big quarter from the Santa Clara chipmaker driven by sales of its graphics processing unit chips.

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Sonos soars after strong fiscal-year revenue forecast

In the fiscal fourth quarter, which ended on October 3, Sonos' revenue grew 16%, although the quarter was 14 weeks long.

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Lowe's shares tumble as earnings fall short, despite robust sales gains

The results from Lowe's come one day after its larger rival Home Depot reported third-quarter earnings that beat estimates.

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Target is set to report earnings before the bell — here's what to expect

As Americans spend more time at home, they have flocked to Target's same-day services like curbside pickup and home deliveries through Shipt.

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Kohl's sales fall 13% as shoppers shift spending away from apparel

Kohl's on Tuesday reported a 13.3% decline in quarterly sales, as the coronavirus pandemic limited the number of people visiting its stores to buy clothes, shoes and beauty items.

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Walmart is set to report earnings before the bell — here's what to expect

Walmart is set to report third-quarter earnings on Tuesday before the market as coronavirus cases rise and the holiday shopping season is underway.

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Home Depot is set to report earnings before the open — here's what to expect

Home Depot is set to report third-quarter earnings on Tuesday before the market opens as the pandemic drives a wave of home improvement buying.

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Airbnb files to go public, turned a profit last quarter

Airbnb has released its prospectus to debut on public markets.

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Disney shares rise after reporting 73 million paid Disney+ subscribers, losses not as drastic as expected

The company exceeded expectations on revenue and showed less drastic losses than anticipated.

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Cisco jumps more than 9% on earnings beat and strong forecast

Cisco's forecast suggests that it could end the four-quarter streak of revenue declines.

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Unity stock falls in first earnings since IPO after it reports loss

Unity Software's stock fell more than 6% in after-hours trading on Thursday as the company posted widening net losses in its third-quarter earnings. 

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Palantir stock drops even after company reports 52% sales growth in first earnings statement

Palantir held its highly-anticipated direct listing in September and is now trying to show investors it can expand its customer base.

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Beyond Meat shares tank as coronavirus weakens demand for plant-based meat at restaurants

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Here's what to expect from McDonald's earnings

Shares of McDonald's, which has a market value of $167 billion, have risen 9% so far this year.

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CVS Health raises 2020 earnings guidance as plan to offer wide range of medical services pays off

CVS reported a better-than-expected 3.5% jump in third-quarter revenue, as its plan to remake the drugstore chain into a health service company paid off.

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Uber reports 18% revenue decline but says ride-hailing business is picking back up

Uber missed expectations on revenue and lost $1.09 billion during the quarter.

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Peloton shares fall despite earnings beat as bike maker warns of ongoing supply constraints

Peloton raised its financial outlook for fiscal 2021, now expecting to report $3.9 billion or more in total revenue.

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Zillow shares jump after online real estate company blows past estimates and provides optimistic forecast

Zillow continues to benefit from the movement towards remote work and low interest rates.

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Virgin Galactic's quarterly loss increases, plans next spaceflight test for late November

Space tourism company Virgin Galactic reported third quarter results on Thursday with an increased loss as the company looks to finish its development program.

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General Motors shares jump after truck sales deliver big earnings beat in third quarter

If GM's third quarter was anything like its crosstown rivals, the automaker should outperform expectations.

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Qualcomm soars after sales and earnings beat expectations

Qualcomm has said it is well-placed to benefit from the rise of 5G networks and handsets.

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Big Tech earnings showed digital ad revenue came roaring back

Big Tech's third-quarter earnings showed that digital ad revenue came roaring back in recent months.

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Apple, Twitter, Facebook, Amazon stock down in premarket after earnings fail to wow Wall Street

Shares of Twitter, Facebook, Apple and Amazon sunk in premarket trading Friday.

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Exxon reports third straight quarter of losses with revenue down nearly 30%

Exxon's revenue fell nearly 30% during the third quarter as the coronavirus pandemic continues to hammer the oil giant.

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Chevron revenue plummets more than 30% in the third quarter as Covid slams demand

Chevron's aggressive cost-cutting measures helped boost results as the pandemic hammers the oil giant.

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Under Armour shares jump after its footwear sales help drive earnings beat

Chief Executive Patrik Frisk cited higher demand for the athletic apparel maker's products during the coronavirus pandemic, especially in North America.

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Twitter shares sink despite earnings beat amid slowing user growth and ad uncertainty

Twitter's earnings report comes one day after CEO Jack Dorsey testified in front of the Senate Commerce Committee.

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Apple is set to report earnings after the bell

Apple's earnings will show how the iPhone maker is fairing ahead of a wave of iPhone 12 sales.

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Amazon set to report third-quarter earnings after the bell. Here's what to expect

The company is expected to share more details on Prime Day and continued investments in its fulfillment network.

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Facebook is set to report Q3 earnings after the bell

Facebook is set to report its third-quarter earnings on Thursday.

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Here's what to expect when Alphabet reports earnings after the bell

The Google parent company will show whether there's been any rebound in its core advertising revenue, which was hit hard by the Covid-19 pandemic.

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Here's what to expect from Starbucks earnings

Shares of Starbucks, which has a market value of $103 billion, are about flat so far this year.

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Pinterest shares are soaring — up 34% — after delivering a monster quarter

Pinterest's boost from a rebound in advertising likely signals positive things for its tech peers that also have major advertising businesses.

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Halfway through earnings season, the coronavirus resurgence is overshadowing great results

We are now halfway through a spectacular third quarter earnings season, but the market has shrugged.

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Yum Brands quarterly revenue rises 8%, fueled by higher Taco Bell demand

Yum Brands reported that quarterly revenue rose 8%, fueled by Taco Bell's return to positive same-store sales growth.

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Tapestry shares up after Coach owner's sales fall less than expected, boosted by China, e-commerce

Coach owner Tapestry reported Thursday quarterly results that topped its own estimates, driven by triple-digit e-commerce growth and a rebound in China.

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Comcast set to report Q3 2020 earnings before the bell

Comcast's theme parks business has suffered the most during the pandemic as closures and capacity restrictions strain revenue.

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Pinterest stock soars on big revenue beat and strong user numbers

Pinterest's stock price soared as much as 30% after hours on Wednesday as the company posted strong revenue and user growth in its third-quarter earnings.

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Ford blows away earnings expectations as consumers buy up trucks during pandemic

Ford blew away Wall Street expectations as well as the company's forecast earnings for the third quarter on stronger-than-expected demand during the coronavirus pandemic.

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Gilead's revenue rises 17% driven by sales of coronavirus treatment remdesivir

Remdesivir generated $873 million in sales during the third quarter, mostly in the U.S., the company said.

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Boeing to cut thousands of additional jobs through 2021 as it adjusts to long-term drop in air travel demand

Boeing is set to report another rough quarter as it faces weak jetliner demand, the continued grounding of its 737 Max and the coronavirus pandemic

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Bed Bath & Beyond targets 'stable' sales growth in 2021, low-to-mid single-digit gains by 2023

Bed Bath & Beyond, ahead of its annual meeting with investors Wednesday, laid out a three-year road map and offered fresh financial targets.

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GE shares jump after company posts surprise adjusted third-quarter profit, revenue tops expectations

Here are GE's results for the third quarter of 2020.

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Microsoft set to report earnings after the bell

While a few parts of Microsoft's business will be challenged because of the pandemic, an accounting change will benefit Microsoft's gross margin this quarter.

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Burger King parent's quarterly sales fall 8% as pandemic weighs on Tim Hortons sales

Restaurant Brands International on Tuesday reported that its quarterly revenue fell 8%, dragged down by slower sales at Tim Hortons and Burger King.

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3M earnings top expectations amid strong personal safety equipment sales

3M reported third-quarter results that beat analyst expectations on the back of strong personal-safety and health care equipment sales.

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Caterpillar reports a 54% drop in sales in the third quarter amid lower equipment demand

Caterpillar posted adjusted earnings per share of $1.34 on revenue of $9.9 billion in the previous quarter.

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Record earnings beat is still not good enough for the market and profit misses are severely punished

Corporate profits are performing at a record pace relative to expectations, but investors so far seem unimpressed.

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Intel drops on weak results for its data center group

The pandemic fueled growth in Intel's PC business, but data center spending fell off in the quarter.

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Southwest Airlines posts biggest-ever loss as coronavirus slams demand

Southwest Airlines posted another quarterly loss.

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American Airlines reports $2.4 billion net loss in third quarter, cuts cash burn

American Airlines posted another quarterly loss as coronavirus hit summer travel demand.

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Here's what to expect from Coca-Cola earnings

Shares of Coke, which has a market value of $215 billion, have fallen 9% so far this year.

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Tesla reports fifth consecutive quarter of profits

Elon Musk's carmaker reported net income of $331 million on revenue of $8.77 billion in the third quarter.

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Chipotle shares fall despite earnings beat, as robust delivery growth weighs on profits

Shares of Chipotle, which has a market value of $38 billion, have risen 62% so far this year.

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Snap says brand advertising coming back, hints that Facebook boycott helped Q3

Snap Chief Business Officer Jeremi Gorman said that brand advertising is showing momentum, and that advertisers want a platform that shares their values.

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Nearly half of Netflix's new subscriber growth came from Asia-Pacific

International expansion has been a key focus for Netflix with Asia in particular seen as a critical region by management.

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Snap stock rockets up after surprise earnings beat

Snap's stock price soared as much as 18% after hours on Tuesday as the company posted an unexpected, adjusted profit along with positive user and revenue growth in its third-quarter earnings.

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Netflix set to report third-quarter 2020 earnings after the bell

It's the first report since longtime Chief Content Officer Ted Sarandos was promoted to co-CEO.

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Corporate execs are talking differently on earnings calls to please the machines

A recent study found that executives on earnings calls are increasingly avoiding using negative words and trying to sound more upbeat.

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Procter & Gamble beats estimates as sales jump 9%, raises forecast

Procter & Gamble now expects sales growth of 3% to 4% during fiscal 2021, up from its prior forecast of 1% to 3%.

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IBM reports third straight quarter of revenue declines

Revenue declines have returned under new IBM CEO Arvind Krishna as he seeks to sell off part of the company's largest business segment.

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Morgan Stanley tops analysts' revenue estimates by $1 billion on stronger-than-expected trading

CEO James Gorman has doubled down on his push to diversify away from Morgan Stanley’s traditional strengths of trading and investment banking.

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Citigroup earnings top the Street as credit costs from the pandemic stabilize

Citigroup reported better-than-expected results for the third quarter as the company's credit costs from the pandemic stabilized.

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Johnson & Johnson beats third-quarter earnings expectations, raises guidance

J&J's third-quarter earnings and revenue beat expectations, led by higher sales in its medical-device unit and higher demand for some of its drugs.

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JPMorgan Chase is set to report third-quarter earnings – here’s what the Street expects

JPMorgan, the biggest U.S. bank by assets, is also the first major lender to report earnings.

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Domino's quarterly sales surge but pandemic costs hit earnings; shares tumble

Domino's Pizza reported that its third-quarter revenue rose 17.9%, led by more U.S. customers ordering pizza delivery during the coronavirus pandemic.

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Levi's shares surge as online sales jump, offsetting other revenue declines

Levi's overall sales declined 27% during the third quarter due to coronavirus pandemic-related store closures, and net income tumbled 78%.

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Twilio shares rise as it forecasts more quarterly revenue than expected

Twilio stock has benefited from the rush to the cloud during the coronavirus pandemic this year.

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Bed Bath & Beyond posts same-store sales gain for the first time since 2016 thanks to e-commerce gains

Bed Bath & Beyond on Thursday reported its first same-store sales increase in nearly four years, as its online business surged more than 80% during the quarter.

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PepsiCo quarterly revenue grows 5.3%, fueled by higher snack sales

PepsiCo said its organic revenue grew by more than 4% during its latest quarter.

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Earnings season kicks off soon and results could be better than feared

Investors are expecting big things from corporate earnings reports, which begin Oct. 13 when JPMorgan releases results.

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Olive Garden parent's quarterly revenue falls by 28% as pandemic weighs on sales

Darden Restaurants on Thursday reported that its revenue fell by more than 28% in its fiscal first quarter.

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Nike shares soar 13% as online sales jump 82%, retailer sees rebound in China

Parents were seen stocking up on sneakers for their kids this back-to-school season, and Nike's business finally started to pick back up overseas amid the coronavirus pandemic. 

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Stitch Fix shares plummet after personal styling service swings to a loss

The online personal styling service rebounded from supply chain challenges earlier during the coronavirus pandemic.

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The Croods: A New Age - Official Trailer

The Croods: A New Age - Official Trailer

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FedEx profit, revenue beat as pandemic drives e-commerce bounce

U.S. delivery firm FedEx reported a bigger-than-expected quarterly profit on Tuesday, after price hikes, lower fuel costs and efficiency gains countered negative impacts associated with a pandemic-fueled surge in e-commerce shipments.

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Kraft Heinz targets $2 billion in cost cuts over 5 years, sees long-term organic net sales growth of 1% to 2%

Kraft Heinz also raised its third-quarter forecast for organic sales growth.

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Peloton crushes estimates as sales surge 172%, expects strong demand to continue into 2021

Peloton's fiscal fourth-quarter sales surged 172% to $607.1 million, the company announced Thursday, as its high-tech stationary bike and treadmill became two of the hottest commodities for people looking to workout from home during the coronavirus pandemic. 

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Oracle's stock jumps as company returns to growth

The software maker delivered revenue growth even during the first full quarter of business during the coronavirus pandemic.

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Slack shares plunge as growth stays steady with no coronavirus spike

Slack's revenue grew at around 50% for the third consecutive quarter, and the company reported more paying customers than analysts had expected.

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Lululemon quarterly sales top expectations, CEO 'cautiously optimistic' for rest of 2020

CEO Calvin McDonald said the retailer is "cautiously optimistic" about the rest of the year. Lululemon is not offering a 2020 outlook at this time. 

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Quicken Loans parent swings to profit in first results since IPO

Rocket Companies, the parent of mortgage lender Quicken Loans, swung to a quarterly profit in its first results as a public company on Wednesday, driven by higher borrowings on the back of lower interest rates.

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Macy's swings to a loss, but shares rise as stronger-than-expected online growth boosts sales

Macy's said its second-quarter digital sales were up 53% from a year ago.

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Zoom revenue more than quadrupled from last year

The company's business continues to benefit from the coronavirus pandemic after going public last year.

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Workday stock surges as earnings top estimates; company promotes Chano Fernandez to co-CEO

Workday will have a dual CEO structure for the first time since one of its co-founders, Dave Duffield, stepped down in 2014.

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Gap swings to a loss as sales drop 18%, says strong online sales softened the blow from closed stores

Gap Inc. said Thursday its total sales tumbled 18% during the latest quarter, as e-commerce revenue surged 95% from a year ago, but those gains were offset by a 48% drop in store sales during the coronavirus pandemic.

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Abercrombie & Fitch shares are soaring as the retailer's online sales boom and are profitable

"As long as you can reduce fixed costs, this shift to digital can be profitable," Abercrombie & Fitch CFO Scott Lipesky said in a phone interview.

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Tiffany beats profit estimates, signals recovery after pandemic blow

The U.S. jeweler said worldwide sales in August so far were slightly higher than a year earlier, as the rebound in second-quarter revenues in China extended into the current quarter.

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Dick's Sporting Goods crushes Wall Street estimates as online sales surge 194%, shares soar

Dick's Sporting Goods reported eye-popping quarterly earnings and sales growth Wednesday, as consumers flocked to its website for hiking gear, kayaks, weights and workout clothes to stay busy during the coronavirus crisis.

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Salesforce soars on big earnings beat

An adjustment to reflect a gain on investments helped Salesforce beat expectations, a day after the announcement that Salesforce would join the Dow Jones Industrial Average.

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Nordstrom's sales fall 53% as department store chain suffers store closures amid pandemic

Nordstrom said Tuesday its net sales fell 53% during the second quarter, as its stores took a hit from being temporarily closed during the coronavirus pandemic.

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Best Buy says online sales in U.S. surged 242% in second quarter, but shares slide as gains may be short-lived

Best Buy is one of the retailers that has benefited from stay-at-home trends during the pandemic, such as working from home and attending school remotely.

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Papa John's growth streak continues into August as it sees North America same-store sales up more than 24.2%

As consumers continue to flock to carryout and delivery during the pandemic, Papa John's has continued its growth streak into August.

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Estee Lauder forecasts profit below expectations, to cut up to 2,000 jobs

Estee Lauder forecast current-quarter profit below analysts' estimates on Thursday after posting a bigger-than-expected quarterly loss, as travel restrictions and store closures put in place to contain the spread of coronavirus dampened demand for its premium makeup brands.

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Alibaba beats quarterly revenue estimates

China's Alibaba beat quarterly revenue estimates on Thursday as its core e-commerce business thrived due to people preferring to shop online for essentials, even as coronavirus-related restrictions eased.

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Nvidia earnings beat expectations, its data center business is bigger than its gaming business for the first time ever

With help from the $7 billion Mellanox acquisition, Nvidia's data center business delivered more revenue than the company's gaming unit for the first time.

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Victoria's Secret parent L Brands shares jump on better-than-expected quarterly sales

Victoria's Secret owner L Brands on Wednesday said its sales fell 20% during the latest quarter with stores closed due to the pandemic, but they weren't as bad as analysts feared, buoyed by the strength of its soaps and fragrances division.

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Target CEO credits canceled vacations, not stimulus checks, for blowout quarter

Target CEO Brian Cornell said Americans shopped because they couldn't go on vacation or spend money on typical summer activities during the pandemic.

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Lowe's reports blow-out quarter with 30% surge in revenue

Lowe's on Wednesday said its second-quarter revenue surged 30% as consumers shifted spending from restaurants and travel to home improvement projects during the coronavirus pandemic.

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Target reports a monster quarter — profits jump 80%, same-store sales set new record

Target reported dramatic growth among its online services, such as Drive Up, and it had sales growth across all of its merchandise categories.

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Walmart says its second-quarter e-commerce sales surged 104% in China

Walmart's online shopping strategy is paying off in China, arguably one of the most developed e-commerce markets in the world.

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Kohl's shares jump as quarterly sales hold up better than expected in pandemic

Kohl's revenue fell 23% during the fiscal second quarter, the retailer said Tuesday, which was not as bad as analysts were fearing.

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Walmart reports earnings before the bell. Here's what to expect

Wall Street analysts and investors are watching to see if the retail giant's e-commerce sales have continued to soar during the pandemic or have moderated as lockdowns have lifted.

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Home Depot reports earnings before the bell. Here's what to expect

Home Depot suspended its 2020 outlook in May, citing the uncertainty related to the coronavirus pandemic and its impact on the economy.

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Cisco falls on disappointing quarterly guidance as revenue continues to drop

Cisco now expects the fourth consecutive quarter of revenue declines, hurt in part by the coronavirus pandemic.

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Lyft reports dramatic revenue drop of 61% but points to uptick in rides in July

Lyft faces a threat to its business in California, where a judge issued a preliminary injunction that requires it to classify its drivers as employees eligible for benefits, not independent contractors.

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Marriott posts bigger-than-expected loss as virus hits bookings

Total revenue plunged 72.4% to $1.46 billion.

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Goldman Sachs cuts quarterly earnings, citing legal provisions relating to the 1MDB scandal

Goldman Sachs on Friday lowered its previously stated quarterly net earnings applicable to common shareholders to $197 million from $2.25 billion.

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Uber ride-sharing revenue plummets, food delivery more than doubles

Uber narrowed losses, and saw a spike in demand for its food delivery service during the second quarter. However, the company's core ride-sharing business was down 73% from last year.

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Burger King parent's revenue falls 25% as coronavirus weighs on sales

Popeyes, powered by its popular chicken sandwich, reported same-store sales growth of 24.8%.

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Toyota ekes out weakest first quarter profit in nine years as pandemic slams car sales

Toyota Motor eked out its smallest quarterly profit in nine years as the coronavirus pandemic halved its car sales and nearly wiped out its bottom line.

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Moderna second-quarter revenue jumps fivefold on coronavirus vaccine development

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CVS shares jump as retailer raises 2020 forecast after strong quarterly results

The company filled fewer prescriptions during the quarter because of stay-at-home orders, but its health benefits business got a boost as people delayed elective procedures.

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Disney set to report third quarter earnings after the bell

Disney's report will show how partial reopenings of its parks and the return of live sports are impacting its business.

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Clorox posted its highest sales growth in 'modern history' last fiscal year, CEO says

Clorox is seeing "broad-based strength" in the midst of the coronavirus pandemic, CEO Benno Dorer told CNBC.

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Take-Two raises sales forecast as videogames get stay-at-home boost

Take-Two Interactive Software raised its fiscal year adjusted sales forecast after beating quarterly estimates on demand for its videogame franchises "Grand Theft Auto" and "NBA 2K" from people stuck at home due to lockdowns.

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AIG quarterly profit tumbles on catastrophe losses, private-equity losses

Insurer AIG posted a 56% fall in quarterly adjusted earnings, spurred partly by higher catastrophe losses and lower private-equity returns.

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Clorox names longtime executive its new CEO, as company beats estimates on pandemic-led demand

Clorox beat market estimates for quarterly net sales on Monday, as U.S. households spent more on disinfectant and other cleaning products due to the Covid-19 pandemic.

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Earnings at the halfway mark are much better than expected

The reopening story may be getting rocky, but one pleasant surprise has been earnings.

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Exxon shares fall after it loses money for a second straight quarter

Exxon said it lost $1.1 billion in the second quarter.

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Stocks making the biggest moves in the premarket: Caterpillar, Merck, Chevron, Under Armour & more

The stocks making the biggest moves in premarket trading include Caterpillar, Merck, Chevron, Under Armour, and more.

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Strong online sales help stem revenue declines at Under Armour during pandemic, shares jump

"Now, with most of these doors reopened, we are encouraged by some of the momentum we've experienced in June and July," Under Armour Chief Executive Patrik Frisk said in a statement.

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Shares of Caterpillar rise after the Dow component reports better-than-expected results

Caterpillar said cost reduction and prioritized spending helped it offset a $1.4 billion decline in dealer inventories.

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Pharma giant Merck raises 2020 outlook, saying the worst of the coronavirus impact is behind it

Sales of Merck's blockbuster cancer drug Keytruda helped offset an 8% decline in revenue to $10.87 billion during second quarter from $11.76 billion from a year earlier.

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Chevron shares fall after oil giant reports an $8.3 billion loss for the second quarter

Chevron said Covid-19 "signifiantly reduced demand" in the second quarter.

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Fiat Chrysler reports $1.2 billion loss in the second quarter

Fiat Chrysler lost $1.24 billion (1.1 billion euros) in the second quarter as the coronavirus caused rolling shutdowns at its plants across the globe.

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Stocks making the biggest moves after hours: Facebook, Amazon, Ford and more

See which stocks are posting big moves after the bell.

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Remdesivir maker Gilead Sciences sees 10% drop in second-quarter sales as demand for non-coronavirus drugs falls

Gilead Sciences' sales fell 10% in the second quarter from a year earlier as the coronavirus pandemic weakened demand for some of its drugs, including some of its core hepatitis treatments.

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Amazon to report earnings after market close

In April, Amazon said it would spend all of its expected $4 billion profit in the second quarter on coronavirus-related investments.

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Here's what to expect when Facebook reports earnings after the bell

Facebook has seen an increase in user engagement as a result of the coronavirus, but has also endured an ad boycott that may crimp revenue.

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Alphabet to report Q2 earnings after the bell

Alphabet's Q2 earnings are expected to be hit hard by the effects of the pandemic alongside a maturing digital ad market.

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Apple is set to report earnings after the bell

Apple saw widespread retail closures during the quarter, especially in the United States, but previously touted both work-from-home trends and strong online sales as delivering a boost to overall operations.

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Ford reports earnings after the bell, and analysts expect billions in losses from the coronavirus pandemic

Ford CFO Tim Stone warned investors in April that the company expected to lose more than $5 billion, on an adjusted pretax basis, during the second quarter.

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Stocks making the biggest moves in the premarket: Procter & Gamble, Comcast, UPS, Cigna & more

The stocks making the biggest moves in premarket trading include Procter & Gamble, Comcast, UPS, Cigna, and more.

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Qualcomm soars after striking patent deal with Huawei

Qualcomm stands to heavily benefit from 5G networks being built. It sells modem chips to phone makers, and licenses critical patents to anyone using 5G technology.

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Stocks making the biggest moves after hours: Qualcomm, Kodak, Qorvo, PayPal and more

See which stocks are posting big moves after the bell.

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Dunkin Brands second-quarter revenue falls 20% as customers make fewer visits due to pandemic

Dunkin' Brands second-quarter revenue fell 20% as fewer customers stopped by its stores due to the coronavirus pandemic on their way to work.

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Yum Brands same-store sales fall 15%, but company says trends stabilizing in June and July

"Same-store sales trends for open stores stabilized in June just a few points short of flat, despite the majority of our dining rooms still remaining closed, and these trends have continued into July," CEO David Gibbs said in a statement.

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Eli Lilly raises 2020 profit forecast after second-quarter profit beats

Eli Lilly reported a 6.4% rise in second-quarter profit on Thursday, helped by demand for its diabetes drug, Trulicity.

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Comcast is set to report earnings before the bell — here's what Wall Street expects

This is the first earnings report since Comcast's NBCUniversal has launched its new ad-supported streaming service, Peacock.

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Here's what to expect from Procter & Gamble earnings

Shares of Procter & Gamble, which has a market value of $319 billion, have risen 3% so far this year.

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UPS quarterly revenue rises 13.4% on pandemic-led demand

United Parcel Service on Thursday reported a 13.4% rise in quarterly revenue, as the Covid-19 pandemic led to a surge in residential volumes and healthcare shipments.

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GM swings to a loss as coronavirus shuttered factories and devastated sales

General Motors lost $758 million and burned through billions of dollars in the second quarter in what is expected to be the worst three months of the year for the auto industry as the coronavirus pandemic shuttered factories and devastated sales.

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Boeing posts net loss of $2.4 billion and slows aircraft production amid coronavirus-weakened demand

Boeing's shares are trading at roughly half their value from a year ago, and its best-selling plane has been grounded since March 2019.

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General Electric shares rise after second-quarter revenue is slightly better than expected

General Electric reported a second-quarter revenue figure that beat analyst expectations, sending the stock up nearly 3% in the premarket.

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Shopify beats quarterly revenue estimates on higher merchant signups

Canadian e-commerce company Shopify beat Wall Street estimates for second-quarter revenue on Wednesday, as more brick-and-mortar retailers listed on its online platform to boost their sales during coronavirus-led lockdowns.

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Spotify's paid subscribers hit 138 million as music streaming demand rebounds

Spotify said on Wednesday music streaming demand had rebounded from the coronavirus-related weakness it saw at the start of the quarter and its paid subscribers reached 138 million, ahead of Wall Street estimates.

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Earnings: Companies clash over whether second quarter was the bottom

Two competing narratives are battling it out this earnings season. One says the recovery is in trouble, another says the second quarter was the bottom.

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AMD pops after it raises revenue forecast for the year

AMD is raising its revenue forecast after competitor Intel indicated last week that it will be delayed in getting out next-generation chips.

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Starbucks shares jump as investors shrug off coffee chain's loss and hope worst of the pandemic is behind it

The coronavirus pandemic led Starbucks to lose $3.1 billion in sales during the quarter, according to its estimates.

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Harley-Davidson reboots business as coronavirus hammers earnings

Harley-Davidson on Tuesday reported an unexpected quarterly loss due to disruptions caused by the coronavirus pandemic, sending its shares sliding 4% in pre-market trade.

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JetBlue Airways swings to quarterly loss and expects revenue to drop 80% in third quarter

JetBlue Airways swung to a second-quarter loss after revenue plunged more than 90% because of the coronavirus.

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Pfizer shares rise after it raises 2020 revenue outlook and reports better-than-expected earnings

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3M profit misses as coronavirus crisis hammers sales

Industrial conglomerate 3M reported a 12% drop in quarterly revenue on Tuesday as demand for its products took a hit due to the global economic slowdown caused by the coronavirus crisis.

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LabCorp quarterly profit jumps about 22% on government stimulus

Diagnostics testing company Laboratory Corporation of America reported a 21.6% rise in quarterly profit on Tuesday, boosted by a $55.9 million government stimulus income related to the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

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Marlboro maker Altria expects higher earnings in 2020

Marlboro maker Altria said it expected full-year earnings to rise as much as 4% from last year and announced plans to expand the availability of its iQOS heated-tobacco devices in more markets in the U.S.

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Here's what to expect from McDonald's earnings

Shares of McDonald's, which has a market value of $155 billion, have risen 1.8% so far this year.

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Five things investors are watching as GM and Ford report coronavirus-ravaged earnings

The coronavirus pandemic brought the U.S. automotive industry to a standstill. Investors will see just how bad the damage is when all three Detroit carmakers report earnings this week.

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Hasbro revenue falls 29% as store closures, product shortages hurt sales; shares fall

Store closures, product shortages and lower retail inventory hampered Hasbro in the second quarter, as the company posted weaker-than-expected earnings on Monday.

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E-Trade experiences record trading in the second quarter as the retail trading boom continues

E-Trade beat on the top and bottom lines of its quarterly earnings.

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Intel offers disappointing Q3 earnings guidance as it delays next-generation chips

AMD will retain its lead in next-generation chip architecture for a longer period of time as Intel announced delays.

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AT&T loses monthly subscribers as media unit takes a hit from coronavirus

AT&T said on Thursday it lost monthly phone subscribers and suffered a $2 billion revenue decline from delayed movie releases and advertising shortfalls in the second quarter as the Covid-19 pandemic ravaged its business.

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Twitter reports strong user growth, but ad revenue is down 23%

Twitter said it saw "moderate recovery" to its ad business compared with March, but ad revenue was still down 23% year over year.

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Southwest posts $915 million loss, warns travel demand will remain weak without coronavirus vaccine

Southwest Airlines lost $915 million in the second quarter and warned that travel demand will be "depressed" until there's a coronavirus vaccine or treatment.

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American Airlines posts $2.1 billion net loss in the second quarter

American swings to a loss as coronavirus depressed demand but the Fort Worth-based airline slashed its cash burn.

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Tesla reports fourth straight quarter of profits

During the period ending June 30, 2020, Tesla grappled with the effects of the Covid-19 pandemic and widespread civil rights protests on its employees, customers and U.S. factory operations, especially.

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Dow to cut costs to blunt pandemic blow, posts smaller-than-expected loss

Dow Inc. swung to a second-quarter loss as demand plunged for its chemicals from consumer durables and construction material makers and said it would reduce its workforce by 6% to weather the coronavirus crisis.

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'It is going to be brutal': What to expect as oil and gas majors unveil their second-quarter results

The IEA's Fatih Birol has reportedly said he believes 2020 may come to be regarded as the worst year in the history of global oil markets.

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Microsoft set to report earnings after the bell

In April Microsoft said it was expecting a slowdown in quarterly revenue growth, with the virus continuing to impact its business.

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Here's what to expect from Chipotle earnings

While the coronavirus pandemic took a toll on Chipotle's sales last quarter, the company reported an 81% increase in digital sales as consumers stayed home and ordered online.

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CEOs reflect on tough quarter, but also offer some good news on earnings calls

Here are some comments from CEOs in the last day or so, on tobacco, gas sales, RVs, truck sales, and can sales.

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Best Buy reports strong sales as it brings back furloughed workers

The big-box retailer furloughed about 51,000 employees in April when it had a curbside-pickup-only store model.

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Snap warns Q3 advertising could be hurt by pandemic impact on sports, movies, back-to-school

Snap warned that the uncertainty around events like the back-to-school season and the operations of sports leagues in the third quarter could impact advertising demand.

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Best Buy sales get an online boost, sending shares higher

Best Buy said its quarter-to-date sales rose about 2.5%, driven by a surge in online shopping for electronic devices and appliances.

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Snap net loss balloons from year ago, revenue up 17%

Snap's stock price initially plunged more than 11% then moderated to a smaller decline as investors digested positive user and revenue growth on Tuesday after the company reported its second-quarter earnings.

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United Airlines loses $1.6 billion in second quarter but expects to further lower cash burn

United and other airlines are scrambling to cut costs as demand for air travel remains depressed in the coronavirus pandemic.

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Here's what to expect from Coca-Cola earnings

Shares of Coca-Cola have fallen 16% so far this year.

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Logitech raises full-year outlook as quarterly operating profit jumps more than 75%

Logitech raised its outlook for the 2021 fiscal year and reported a more than 75% increase in non-GAAP operating income in its first quarter, boosted by demand for its webcams, video conferencing products and headsets as homeworking increased during the coronavirus lockdowns.

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IBM improves gross margins in Q2 under new CEO

IBM's revenue declined for a second consecutive quarter as the coronavirus made an impact across multiple business units.

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BlackRock profit jumps 21% on fixed-income boost

BlackRock, the world's largest asset manager, reported a 21% jump in quarterly profit on Friday, as investors poured money into its fixed-income funds and cash management services.

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Netflix shares fall after earnings miss, weak subscriber guidance for third quarter

The company announced that Netflix Chief Content Officer Ted Sarandos will become co-CEO alongside current CEO Reed Hastings.

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Domino's Pizza U.S. same-store sales soar 16% as more consumers order delivery

Domino's Pizza on Thursday reported that its quarterly U.S. same-store sales soared 16.1% as more consumers ordered pizza delivery during the coronavirus pandemic.

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J&J's profit slides 35% as coronavirus forces hospitals to forgo elective surgeries

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Bank of America is set to report second-quarter earnings — here's what the Street expects

All eyes will be on CEO Brian Moynihan's bank after JPMorgan managed to post its biggest quarterly revenue ever despite setting aside $8.9 billion for coronavirus-related loan losses.

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Morgan Stanley is set to report second-quarter earnings – here's what the Street expects

Morgan Stanley, which is essentially a global investment bank paired with a large wealth management business, stands to benefit from one of the best trading quarters in years.

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Goldman Sachs shares surge as earnings blow past the Street on the best trading results in years

Expectations for Goldman were running high after JPMorgan Chase and Citigroup posted strong trading and the firm delivered.

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PNC Financial's profit more than doubles on gain sale of stake in BlackRock

PNC Financial's second-quarter profit more than doubled as the U.S. regional bank recorded a gain from the sale of its position in asset manager BlackRock.

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Insurer UnitedHealth's quarterly profit more than doubles as medical costs drop

UnitedHealth said on Wednesday its second-quarter profit more than doubled, helped by lower medical costs due to a fall in healthcare utilization following coronavirus-fueled lockdowns and social distancing.

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Citigroup shares rise after bank reports better-than-expected earnings on strong trading results

Citigroup reported second-quarter results that surpassed analyst expectations thanks in part to a massive surge in trading revenue.

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Wells Fargo reports $2.4 billion loss for the quarter, slashes dividend to 10 cents

Wells Fargo posted its first quarterly loss since the financial crisis on rising provisions for defaults tied to the coronavirus pandemic.

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Delta posts second-quarter net loss of $5.7 billion, biggest in more than a decade, driven by coronavirus

Delta deepened its losses because of the coronavirus pandemic.

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JPMorgan Chase is set to report second-quarter earnings – here's what the Street expects

JPMorgan Chase will be closely watched for clues on how the coronavirus pandemic is impacting banks' retail and institutional businesses.

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Bank earnings will deliver an upside surprise and help boost market, top strategist Art Hogan predicts

National Securities' Art Hogan is optimistic bank earnings will come in better than expected and help lift stocks.

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Quest Diagnostics revenue tops expectations on demand for coronavirus testing services

Quest Diagnostics reported preliminary second-quarter revenue above analysts' estimates on Monday, largely on growing demand for its Covid-19 testing services, sending its shares up 2.7% before the bell.

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Investors should brace for a wild earnings season and expect little guidance for what's ahead

Analysts estimates are all over the place because about 40% of companies are not providing guidance on earnings.

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Market heads into worst earnings season in 12 years amid worries virus is slowing recovery

The worst earnings season in years is about to begin, and stocks could shrug off sharp profit declines, if companies see signs of recovery.

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PepsiCo revenue falls 3% as pandemic hits beverage sales

PepsiCo on Monday reported that its quarterly revenue fell after fewer consumers bought its drinks at restaurants and convenience stores amid the coronavirus pandemic.

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Walgreens swings to a quarterly loss as coronavirus drives up costs, lowers doctor visits

Walgreens Boots Alliance said its profits were squeezed by a shift in sales to low-margin items, increased supply-chain costs and higher expenses for labor and store cleaning.

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Levi's sales fall 62% in second quarter, to cut 15% of corporate workforce

A complete recovery "will likely take some time," Levi & Strauss Co. CEO Chip Bergh said.

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Rocky road ahead at Macy's, potential 'regional flare-ups,' with Covid-19 cases surging in some states

The road to recovery at Macy's is likely going to be a rocky one because of the coronavirus pandemic. The retailer warned Wednesday that sales are falling again in states such as Texas where Covid-19 cases are on the rise.

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Michael Kors owner Capri estimates 70% plunge in first-quarter revenue

Michael Kors owner Capri Holdings on Wednesday estimated a 70% slump in first-quarter sales after the coronavirus hammered luxury sales.

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Macy's reports first-quarter loss but does not expect 'another full shutdown'

Macy's on Wednesday reported a first-quarter loss, in line with the retailer's previously announced estimates, as its business took a hit from the coronavirus pandemic.

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FedEx shares jump over 9% as quarterly results top expectations

Shares of FedEx jumped 9.4% in extended trading on Tuesday after a surge in pandemic-fueled home deliveries helped the U.S. package carrier post better-than-expected quarterly profit and revenue.

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U.S. market is 'smoking dope on earnings' and investors are likely to be disappointed, economist says

Investors should stay bearish on U.S. stocks until the full extent of the economic damage caused by the coronavirus pandemic is known, according to TS Lombard.

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Micron to shift some chip supply to data centers as cloud powers earnings beat

Micron Technology on Monday forecast current-quarter revenue above Wall Street estimates as home-bound employees and students spur demand for its chips that power notebooks and data centers, sending its shares up 6% in after-market trading.

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Burger King's U.S. same-store sales are flat as fast-food customers return to restaurants

Burger King's U.S. same-store sales are trending flat as customers return to its locations for Whoppers and french fries.

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With the second quarter almost over, what companies earned is anyone's guess

The second quarter is nearly over, and analysts still are clueless about what earnings companies will be reporting.

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Nike reports unexpected loss as sales tumble 38%, shares fall

Even Nike, often lauded as one of the strongest global brands in the retail industry, is taking a hit from the coronavirus pandemic.

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Olive Garden parent swings to a loss as sales plunge 43%

Darden Restaurants reported that same-store sales were nearly cut in half during the fiscal fourth quarter.

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Oracle slides on revenue decline

Sales declines returned as Oracle kept doing business through the pandemic.

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Lululemon sales fall 17% as retailer takes hit from stores being closed, shares drop

Lululemon reported a first-quarter sales decline of 17%, as its strong digital business wasn't enough to offset the losses from its stores being temporarily shut due to the coronavirus pandemic.

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Taco Bell same-store sales decline as chain loses breakfast and late-night customers

Yum Brands said Tuesday that Taco Bell's U.S. same-store sales have declined by high-single digits so far in the quarter.

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Starbucks says it lost $3 billion in revenue in latest quarter due to coronavirus pandemic

Starbucks expects to swing to a loss in its fiscal third quarter as the company predicts it lost as much as $3.2 billion in revenue due to the coronavirus pandemic.

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Macy's shares soar as company says reopened stores topping expectations

Macy's is forecasting first-quarter sales will fall to $3.02 billion from $5.5 billion a year ago, the company said Tuesday when it released preliminary earnings results.

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Tiffany says same-store sales fell 44%, LVMH deal clearing regulatory hurdles

The U.S. jewelry maker said Tuesday in an earnings release that its same-store sales were down about 44% in the fiscal first quarter, but said demand has picked up again in China.

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Stitch Fix reports quarterly sales down 9%; shares fall

Stitch Fix on Monday reported a quarterly sales decline of 9%, and a wider-than-expected net loss, as its business took a hit from fewer people shopping for clothes during the coronavirus pandemic.

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Slack shares continue to crash after earnings show far slower growth than Zoom

Slack reported that it grew revenue 50% during the quarter, compared with 49% last quarter, on an annualized basis.

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Barry Diller calls for an end to 'absurd' earnings guidance, says his firms won't do it anymore

"Guidance is a bad business. We're out. We're not doing it anymore," the billionaire businessman told "Squawk Box" on Friday.

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Slack shares sink as revenue growth remains steady despite pandemic

Slack's revenue growth slightly picked up as coronavirus sent people home from work.

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Gap's sales fall 43% as retailer takes hit from coronavirus pandemic; shares dive

Gap Inc.'s first-quarter sales fell 43%, the clothing maker reported Thursday, as its stores were shut for much of the period due to the coronavirus pandemic.

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Broadcom's revenue forecast disappoints on weakness in chip business

Broadcom forecast current-quarter revenue, the mid-point of which was slightly below Wall Street estimates as its chip business was weighed down by the impact of the coronavirus crisis on global supply chains.

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Campbell Soup raises 2020 forecasts on strong sales in pandemic

The maker of Prego pasta sauce and Goldfish crackers now expects fiscal 2020 adjusted earnings per share of $2.87 to $2.92, up from its prior range of $2.55 to $2.60.

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American Eagle posts bigger-than-expected loss on virus-led store closures

The company said its net loss stood at $257.2 million, or $1.54 per share, in the quarter ended May 2, compared with a profit of $40.8 million, or 23 cents per share, a year earlier, mainly due to an impairment charge of about $156 million.

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Zoom revenue grew 169% during the quarter, and the company doubled its revenue guidance for the year

Zoom has been a darling of the work-from-home culture brought on by coronavirus, and the company's revenue growth accelerated in its most recent quarter.

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Dick's Sporting Goods' same-store sales fall almost 30% during coronavirus pandemic

Dick's Sporting Goods reported a decline in first-quarter same-store sales of almost 30%, as its stores across the country were shut by the coronavirus crisis.

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Popeyes U.S. same-store sales soar more than 40%

Restaurant Brands International said Thursday that Popeyes' U.S. same-store sales have soared more than 40%, as of the third full week of May.

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Abercrombie & Fitch sales fall 34%, with stores forced shut during coronavirus pandemic; shares fall

Abercrombie & Fitch said its sales tanked 34% during the first quarter as its stores were forced shut during the coronavirus pandemic.

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Box forecasts full-year revenue above estimates on remote-work boost

Box forecast annual revenue above analysts' estimates and beat targets for quarterly sales on Wednesday, as demand rises for its online collaboration tools due to the global shift to work from home caused by the Covid-19 pandemic.

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Luxury homebuilder Toll Brothers scraps 2020 forecast on Covid-19 woes

U.S. luxury homebuilder Toll Brothers on Wednesday withdrew its full-year forecast and warned it would not provide such guidance for the foreseeable future due to uncertainty caused by the Covid-19 pandemic.

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Papa John's sales soared 33.5% in May — a record for 'second straight month,' CEO says

"In May, for the second straight month, Papa John's team members and franchisees delivered the best sales period in the company's history," CEO Rob Lynch said Wednesday.

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Domino's U.S. same-store sales rose 14% in first two months of the quarter

Domino's Pizza said Tuesday that its U.S. same-store sales climbed 14% during the first two months of its second quarter.

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Nvidia reports revenue up 39% from last year

The stock is up over 50% on the year, not including Thursday's after-hours move.

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Expedia revenue falls 15% as travel is decimated by coronavirus pandemic

Expedia's first quarter earnings report shows how the Covid-19 pandemic has battered the travel industry.

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Best Buy's earnings fall in first quarter, after initial sales surge during pandemic

The retailer had a surge of sales during the early weeks of the pandemic, but later furloughed about 51,000 employees and took other cost-cutting measures.

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Macy's forecasts a first-quarter loss of up to $1.1 billion, with stores shut from coronavirus outbreak

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Options traders bet video game giant Take-Two will surge on earnings report

Video game publisher Take-Two Interactive is surging into Wednesday afternoon's earnings report, and options traders are betting on even more gains to come.

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Chinese Apple rival Xiaomi gets first-quarter sales boost as smartphone demand rebounds

The company managed to boost sales despite the impact of the coronavirus, which rattled supply chains and dampened overall smartphone demand.

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Target is set to report earnings before the bell. Here's what to expect

The big-box retailer's stores have remained open across the country during the coronavirus pandemic, but the crisis has squeezed its profits.

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Lowe's shares soar after same-store sales surge 11.2%

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Cramer: Earnings from retailers like Walmart, Home Depot show 'survival of the fittest economy'

"It looks like the big guys won. You have them basically cordoned off as essential services," CNBC's Jim Cramer said Tuesday.

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Kohl's sales tank almost 44% as coronavirus slams the retailer

Kohl's net sales tanked 43.5% during the first quarter, the company said Tuesday, as its stores were forced temporarily shut due to the Covid-19 crisis.

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Walmart is set to report first-quarter earnings before the bell. Here's what to expect

The big-box retailer has sold groceries, hair color and more to customers during the coronavirus pandemic, but it's also had additional expenses as its workforce grows and more sales shift online.

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Home Depot reports earnings before the bell — here's what analysts expect

Home Depot has had a few advantages going into the pandemic compared to other retailers.

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Aurora Cannabis posts smaller sequential loss as pot use rises amid lockdown

Aurora Cannabis posted a smaller loss compared with the prior quarter as customers in the United States and Canada stockpiled cannabis ahead of lockdowns.

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Applied Materials expects to recoup sales lost to pandemic in second half

Chip gear maker Applied Materials said it expects supply chain to gain strength in the second half of the year and help it recoup sales lost due to the Covid-19 disruption, sending its shares up 4% in extended trading on Thursday.

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Nike says virus is having a 'material' impact on its business, as stores in the US start to reopen

Nike is finally beginning to reopen stores in the U.S., but the company said Thursday it expects the coronavirus pandemic will still have a material impact on its business in North America, parts of Europe and Asia during its fiscal fourth quarter.

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SmileDirectClub misses quarterly profit, sales estimates

SmileDirectClub posted a bigger-than-expected quarterly loss and said it expects to operate with a smaller shop footprint going forward.

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Cisco's quarterly revenue down 8% from last year, stock up on earnings beat

Cisco's results and guidance both beat expectations as the company's switching and routing business faced supply challenges because of coronavirus.

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Logitech sales surge as working from home boosts demand

Logitech reported a 13.6% rise in quarterly sales on Tuesday as more people used its computer products while working from home due to the coronavirus crisis.

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Toyota expects profit to drop 80% this year as virus saps car sales

Toyota Motor on Tuesday said it expects profit to drop 80% to its lowest in nine years, as Japan's biggest automaker grapples with the impact of the novel coronavirus which has sapped global demand for vehicles.

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Under Armour sales plummet 23% as coronavirus stalls turnaround plans

Under Armour reported a sales decline of 23% during its first quarter, as its business took a blow from the coronavirus pandemic.

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AB InBev sees worse ahead, with some improvement in China

Anheuser-Busch InBev, the world's largest beer maker, forecast a "materially worse" second quarter as coronavirus restrictions curb drinking across the globe, while noting some improvement in China.

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Peloton sales surge 66%, as more people buy bikes during coronavirus pandemic; shares jump

Peloton's revenue surged 66% during the fiscal third quarter, as more people purchased its fitness equipment and tuned into its live classes, to try to break a sweat while stuck at home during the coronavirus pandemic.

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Lyft shares jump 15% as company reports more riders than last year despite coronavirus

Lyft reports its first-quarter results on Wednesday after the bell.

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Carvana shares tumble double digits on first-quarter losses

Shares of Carvana tumbled double digits during after-market trading following the auto retailer reporting a net loss of $183.6 million during the first quarter.

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Twilio skyrockets as quarterly results fly past estimates

Although revenue growth deccelerated, Twilio still put up numbers that exceeded what analysts had expected.

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Papa John's CEO says April was the best month in company's history

"We feel very confident that we have the infrastructure in place to deliver long-term, sustainable growth," Papa John's CEO Rob Lynch told CNBC.

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Homebound parents bought board games, not Barbies, crippling Mattel's sales in the first quarter

Consumers stocked up on board games, not Barbie dolls, amid the coronavirus pandemic, sending Mattel's sales in the first quarter tumbling.

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New York Times expects ad revenue to plummet 50% in Q2, but broke its record for net new subscriptions in a quarter

The New York Times Company said it expects advertising revenue to fall between 50-55% year-over-year in the second quarter as impacts of the pandemic are hitting demand for advertisers. But the media company, which gets two-thirds of its revenue from subscriptions, said it added more than half a million net new digital subscriptions.

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General Motors earnings are out — here are the numbers

General Motors is set to report its first-quarter earnings before the bell on Wednesday as the company grapples with the fallout from the coronavirus pandemic that's shuttered factories and devastated sales.

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Wendy's shares jump as company reports US same-store sales picking up as customers return

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CVS Health first-quarter revenue rose 8% as customers rushed into stores to buy essentials; shares up

The drugstore chain's stores have remained open as an essential retailer during the coronavirus pandemic, and it's also opened drive-thru testing sites.

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Disney reports 58% drop in operating income from parks and cruises, its worst-hit segment

This is the first earnings report with Bob Chapek at the helm of Disney, after former CEO Bob Iger transitioned to executive chairman.

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The businesses that made Disney a juggernaut are suddenly hurting, distracting from its streaming success

Disney wants Wall Street to focus on its growing streaming business, but its media networks, theme parks and film studio have grown too large to be ignored. That's become a big problem during coronavirus shutdowns.

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Beyond Meat shares rise as first-quarter revenue soars 141%, but it withdraws 2020 forecast due to coronavirus

Citing uncertainty due to the coronavirus pandemic that's shuttered much of the dine-in restaurant industry around the world, the company suspended its full-year forecast.

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Pinterest drops after reporting slowing user growth in first quarter results

Shares of Pinterest fell as much as 9% in after-hours trading on Tuesday after the company reported its first quarter results.

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Cheesecake Factory swings to a loss as coronavirus weighs on earnings

The Cheesecake Factory swung to a loss in its fiscal first quarter as the coronavirus pandemic forced the company to close its dining rooms and furlough thousands of its workers.

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Wayfair's sales surge almost 20%, net loss widens, in the first quarter

Online furniture retailer Wayfair's net loss widened during the first quarter, as its sales surged nearly 20% from a year ago.

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Disney's parks were its biggest profit-maker, now they could be its biggest drag on earnings

Last year, Disney's Parks, Experiences and Consumer Products segment was its fastest-growing profit driver. Now, it could be the company's biggest drag on earnings, thanks to the Covid-19 outbreak.

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Tenet Healthcare warns of significant Covid-19 impact in the second quarter

Tenet Healthcare warned of a significant hit from the Covid-19 pandemic in the current quarter, even as the hospital operator's quarterly profit beat estimates due to a tax benefit from the coronavirus stimulus bill.

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DuPont slashes capital expenses, increases cost savings

Industrial materials maker DuPont on Tuesday slashed its capital expenditure by about $500 million and raised its annual cost-savings target to counter global trade uncertainties brought on by the coronavirus outbreak.

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Tyson Foods shares fall 7% as production disruptions take a toll on profits, company secures $1.5 billion loan facility

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Warren Buffett's Berkshire swings to massive $50 billion net loss after coronavirus pummels stock investments

Berkshire's first-quarter net loss totaled $49.75 billion. A year earlier, net earnings totaled $21.66 billion.

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Exxon loses $610 million in the first quarter on writedowns tied to plunging oil

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Amgen is studying Otezla for coronavirus; its first-quarter results beat Street estimates

Amgen reported better-than-expected first-quarter results and said it plans to study psoriasis drug Otezla as a potential treatment for Covid-19, the respiratory disease caused by the new coronavirus.

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Chevron says results will be 'depressed' as long as oil stays low, taking steps to protect dividend

Chevron beat earnings estimates for the first quarter, but said that looking forward results will be depressed if oil prices remain low.

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Clorox sales jump 15% on strong demand for cleaning products, raises forecast

Clorox on Friday reported that its fiscal-third quarter sales climbed 15% as consumer demand for its cleaning products soared.

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Restaurant Brands' Popeyes sales surge, while Tim Hortons misses estimates

Restaurant Brands said on Friday comparable sales at its Popeyes fast-food chain surged 26.2%, surpassing Wall Street expectations, powered by demand for its popular chicken sandwiches.

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Visa withdraws annual outlook amid virus outbreak

Visa on Thursday decided to pull its full-year outlook on rising unemployment numbers and more people conserving cash during the Covid-19 pandemic even while posting a second-quarter profit that rose 4%.

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Apple now has $192.8 billion in cash on hand, down from last quarter

Apple has continuously hosted one of the largest cash piles among U.S. companies, but is facing pressure from the Covid-19 pandemic.

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United Airlines swings to $1.7 billion loss in first quarter as bookings disappeared in coronavirus pandemic

United Airlines had reported a first-quarter pretax loss earlier this month.

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'If you're a shareholder, you may want to sit down' — Amazon reports earnings, plans to spend all Q2 profits on coronavirus response

Amazon has faced significant backlash from workers and politicians who claim the company has not done enough to protect its employees from the virus.

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AWS tops $10 billion in quarterly revenue for the first time

Some Amazon cloud customers, like Slack and Zoom, saw record usage in the first quarter as governments directed people to stay home, with coronavirus cases proliferating.

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Apple iPhone revenue drops 7% from last year as coronavirus hits supply chain and demand

Apple did not issue guidance for the quarter ending in June, as it usually does. The company withdrew guidance for this quarter in February as the Covid-19 coronavirus spread in China.

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Coach owner Tapestry sales plunge nearly 20% as coronavirus pandemic shuts vast majority of its stores

Tapestry Chief Executive Jide Zeitlin said the crisis materially weakened the retailer's results during the period. "No one is immune to the effects of this one hundred year storm," he said.

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McDonald's earnings fall 17% as coronavirus leads to restaurant closures, plunging sales

McDonald's said in early April that same-store sales fell 3.4% during the first quarter.

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Comcast is set to report earnings before the bell

Comcast has seen broadband usage spikes amid the pandemic that's kept Americans at home.

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Twitter is set to report first quarter earnings before the bell as the pandemic is expected to hit ad revenue

Twitter pulled its guidance for the quarter at the end of March, blaming the coronavirus for a slowdown in advertising revenue.

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Nokia makes a small profit despite supply disruption

Nokia Oyj on Thursday reported a 2% fall in first-quarter revenue as it took a hit of about $217 million to its topline largely because the Covid-19 pandemic disrupted supply from operations in China.

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ADM first-quarter profit beats estimates, as CEO cites 'many unknowns' of pandemic

Global grains trader Archer Daniels Midland reported a drop in first-quarter revenue but topped Wall Street profit estimates, helped by growth in its nutritional businesses and as its agricultural services group got a boost from robust Brazilian farmer selling.

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Microsoft's stock rises after company reports 15% sales jump and says coronavirus had 'minimal' impact on revenue

Microsoft beat estimates on the top and bottom lines, and it said coronavirus impact was minimal.

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Tesla ticks up as company ekes out profit

The Covid-19 outbreak in China forced Tesla to stop manufacturing electric vehicles in Shanghai for more than a week in February, and in the U.S. at the end of March.

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Facebook rises after reporting 'stability' in ad revenue after fall in March

Facebook has seen an increase in user engagement as a result of the coronavirus, but it has also warned that the pandemic has adversely affected the company's advertising business.

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Qualcomm earnings are out - here are the numbers

The chip maker is being closely watched because it sells parts and licenses technology to most of the world's top smartphone makers, and its performance could provide a preview of how the Covid-19 pandemic is hurting the consumer electronics industry.

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Anthem profit beats on IngenioRx strength; backs 2020 earnings forecast

Anthem beat quarterly estimates for revenue on Wednesday, helped by the launch of pharmacy benefits business IngenioRx, and as more people opted for its health plans.

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Alphabet shares spike after earnings show Q1 revenue hit wasn't as bad as expected

CFO Ruth Porat said there was an "abrupt" drop-off in ad revenues in March but Alphabet has yet to see "further deterioration."

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Taco Bell owner's same-store sales tumble 7% in first three months of year

Yum Brands on Wednesday reported that its first-quarter same-store sales fell 7%.

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LabCorp swings to a loss, withdraws 2020 guidance as coronavirus outbreak drives up costs

The company said the hit to demand for diagnostic testing was "was marginally offset by an increase in demand for COVID-19 tests."

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Hasbro expects virus to hit second-quarter earnings, but will be prepared for holiday season

Hasbro reported its first-quarter earnings Wednesday, telling investors that it has a solid financial footing and is cutting costs as it prepares to meet the seasonal demand that comes in the second half of the year.

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Boeing is set to report results before the bell

Boeing is set to report first-quarter results before the market opens Wednesday as the company faces a drop in demand because of the coronavirus.

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Health insurer Humana posts nearly 18% rise in first-quarter revenue

U.S. health insurer Humana reported a 17.6% rise in first-quarter revenue on Wednesday as it benefited from strong demand for its government-backed Medicare plans.

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GE says first-quarter revenue declined 8%, expects this quarter to be worse because of pandemic

General Electric reported a steep declines in first-quarter revenue and earnings as the industrial giant took a hit amid the coronavirus pandemic.

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Spotify paid music subscribers rises to 130 million, quarterly revenue jumps 22%

Spotify Technology reported a 22% jump in first-quarter revenue on Wednesday as the music streaming company beat analysts' expectations to reach 130 million paid subscribers for its premium service.

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Alphabet stock rises on 13% revenue growth

Alphabet's revenue growth slowed as coronavirus impacted business in the first quarter.

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Starbucks shares fall after coffee chain warns US cafe closures to deal hefty blow to earnings

Starbucks warned that its fiscal third-quarter results will take an even bigger hit from the pandemic, even as sales in China begin to recover.

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Ford projects adjusted pretax loss of $5 billion in the second quarter

Wall Street is watching to see how much cash Ford burned in the quarter as well as any guidance for the second-quarter and beyond.

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Pfizer's quarterly sales fall 8% as it races to develop coronavirus vaccine

It estimates it can potentially produce "millions" of coronavirus vaccine doses by the end of this year and "hundreds of millions of doses" in 2021 if the vaccine is successful.

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Merck profit rises, cuts 2020 forecast over Covid-19 uncertainty

Merck on Tuesday posted a 10.4% rise in first-quarter profit, helped by strong sales of cancer therapy Keytruda, but the drugmaker lowered its 2020 profit forecast due to uncertainty from the Covid-19 pandemic.

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3M shares rise after first quarter sales increase on 'strong' demand for personal safety products

3M said it saw "strong" numbers in its personal safety unit given its role in the production of N95 masks thanks to the Covid-19 outbreak.

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Caterpillar says first-quarter sales decline 21%, does not give 2020 outlook because of pandemic

Investors are looking to the industrial giant's results to gauge the coronavirus's impact on the construction and mining sectors.

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Southwest Airlines posts first loss since 2011 as coronavirus drives down revenue 18%

Southwest doesn't expect paltry travel demand to improve in the near term.

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PepsiCo adjusted earnings rise 10% as company pulls outlook

PepsiCo on Tuesday reported its first-quarter adjusted earnings rose 10%, but the company pulled its fiscal 2020 outlook.

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American Express quarterly profit plunges 76%

Credit card issuer American Express posted a 76% drop in first-quarter profit on Friday, as it set aside $2.6 billion to cover potential losses stemming from the coronavirus outbreak.

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Intel shares drop on low Q2 guidance

Intel saw strong revenue increases in its biggest categories even as the coronavirus set in.

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Gap stops paying rents, warns it might not have enough cash for operations

Gap warned that it may not have enough cash flow to sufficiently fund its operations as stores remain shut because of the coronavirus pandemic.

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Target sees 'Cyber Monday'-sized online sales boom as shoppers avoid trips to stores during pandemic

Target's CEO Brian Cornell said the retailer will pick up market share in categories like apparel and home as some of its competitors struggle or permanently close their doors.

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Domino's Pizza US same-store sales up 7.1% so far in second quarter, but withdraws long-term outlook

Domino's announced preliminary first-quarter sales on March 30.

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Snap soars on strong growth in revenue, daily users

Snap on Tuesday announced its earnings results for the first quarter, sending its share price up as much as 20% in after-hours trading.

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AT&T misses revenue estimates as coronavirus weighs on business

AT&T's first-quarter revenue fell short of Wall Street expectations and the company pulled its annual forecast on Wednesday, as the impact of the coronavirus outbreak overshadowed a strong growth in monthly phone subscribers.

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Delta posts first-quarter pretax loss of $607 million as coronavirus hurts travel demand

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Netflix has replaced TV as the center of American culture — just look at the viewership numbers

85 million households watched a least two minutes of Netflix original movie "Spenser Confidential." 65 million households checked out Spanish language series "La Casa de Papel," also known as "Money Heist." 64 million people watched "Tiger King."

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Chipotle earnings top estimates as diners shifted orders online, driving its digital sales up 81%

Chipotle responded to the Covid-19 outbreak by increasing hourly employee pay by 10% and handing out first-quarter bonuses, despite weaker sales in March.

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Netflix will report earnings after the bell. Here's what to expect

Netflix has ranked among analysts' favorite "stay at home" stocks as many have shifted to remote work during the coronavirus crisis.

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Lockheed Martin profit beats, but company trims sales outlook on virus hit

Lockheed Martin reported a better-than-expected quarterly profit on Tuesday, helped by higher sales in its aeronautics business that makes the F-35 fighter jets, but lowered its 2020 sales outlook due to coronavirus-led supply chain delays.

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JM Smucker raises sales outlook on coronavirus-led stockpiling

Strong demand for J.M. Smucker's Jif peanut butter and other packaged foods helped the company raise its annual sales and profit forecast on Monday, as shoppers stocked up to weather lockdowns due to the coronavirus pandemic.

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Here's what to expect from Coca-Cola earnings

Coca-Cola is expected to report its first-quarter earnings before the bell Tuesday.

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New IBM CEO emphasizes growth, not just EPS, in first earnings call with analysts

Under Ginni Rometty revenue was often on the decline. Her successor, Arvind Krishna, doesn't want growth to be a lower priority than earnings.

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IBM revenue drops 3% from a year ago in last quarter under Rometty

IBM, under new CEO Arvind Krishna, sees revenue decline as the coronavirus impacted the company's business.

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Halliburton books $1.1 billion charge in low price outlook

Leading fracking firm Halliburton reported a $1 billion first-quarter loss and $1.1 billion in impairment charges as it gave a bleak outlook for North American oilfields after the coronavirus-driven oil price decline.

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United Airlines posts $2.1 billion pretax loss amid coronavirus, seeks more federal aid

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Pandemic has companies dropping earnings guidance, and some say it should be nixed altogether

A growing number of companies has nixed earnings guidance amid the coronavirus pandemic, and some in the corporate world say they should be dropped permanently.

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Procter & Gamble US sales surged 10% as consumers stocked up ahead of coronavirus outbreak

Procter & Gamble reported that its fiscal third-quarter U.S. sales surged 10% as consumers stocked up on staples like toilet paper ahead of the coronavirus outbreak.

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Abbott posts a 16% drop in profit and suspends its 2020 forecast on coronavirus concerns

Abbott Laboratories posted a 16% drop in quarterly profit on Thursday partly due to a tax expense and suspended its full-year forecast citing the uncertainty caused by the coronavirus outbreak.

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Morgan Stanley's profit falls short, but trading beats estimates on market volatility

Morgan Stanley is the last of the six largest U.S. banks to report results.

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BlackRock assets, profits sink as investors pull funds

BlackRock reported a 23% drop in quarterly profit, as investors pulled money out of its marquee funds and preferred cash management services.

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Bed Bath & Beyond shares rise as earnings top estimates, retailer plans to maintain some key investments

Bed Bath & Beyond said that its results in 2020 "will be unfavorably impacted" by the crisis, and so it will not be offering a first-quarter nor full-year outlook.

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Citigroup's first-quarter profit tumbles 46% as it sets aside more money for loan losses

Citigroup reported a sharp drop in its first-quarter profit as the bank built its loan-loss reserves by $4.9 billion.

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Goldman Sachs is set to report first-quarter earnings — here's what the Street expects

Goldman Sachs may be more insulated from the turmoil facing its bigger bank peers.

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Bank of America earnings are out — here are the numbers

How will Bank of America fare in a zero interest rate environment?

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UnitedHealth's first-quarter profit falls 2.5%

UnitedHealth reported a 2.5% fall in first-quarter profit on Wednesday, hurt by higher medical costs.

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Coronavirus impact hits earnings — what Cramer and others are watching

Earnings season is kicking off as companies share how the coronavirus pandemic has weighed on their results, but CNBC's Jim Cramer says it's separating winners from losers.

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UnitedHealth kicks off key health-care earnings season

UnitedHealth Group earnings on Wednesday will provide the first window into the financial impact of the coronavirus crisis on the health-care industry.

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J&J raises dividend but cuts 2020 earnings outlook over coronavirus outbreak; shares rise

J&J raised its dividend from 95 cents a share to $1.01, a 6.3% increase, and it beat Wall Street's earnings and revenue expectations.

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JPMorgan Chase is set to report first-quarter earnings following Dimon's dire warning about economy

JPMorgan is the first major U.S. bank to report earnings.

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Roku stock pops as company says it expects streaming hours grew 49% in Q1

Roku said Monday that it was withdrawing its full-year 2020 financial outlook due to economic uncertainties around the Covid-19 pandemic.

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Ford shares fall after automaker warns of first-quarter losses and a nearly 16% dive in revenue

Ford said Monday that it couldn't yet provide an accurate estimate of its earnings, telling investors it expects a pretax loss of about $600 million, excluding $300 million in special items.

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Coronavirus-earnings season: What to expect as companies begin to report Tuesday

Companies in every sector face challenges giving forward-looking guidance in a pandemic that remains unpredictable.

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Starbucks second-quarter earnings to fall 46% as coronavirus hits sales

Starbucks also withdrew its outlook for fiscal 2020.

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Walgreens earnings top estimates, as the drugstore chain sees increased demand during coronavirus pandemic

Walgreens has seen greater demand as the coronavirus pandemic causes customers to stock up on over-the-counter medications, prescriptions and items, such as cleaning supplies and disposable gloves.

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Investors should expect a confusing earnings season ahead with delays and withdrawn forecasts

Analysts are expecting S&P 500 earnings growth to decline 5.2% in the first quarter, according to FactSet.

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Lululemon's earnings top estimates on strong sales, but retailer won't offer outlook due to coronavirus pandemic

Lululemon announced Thursday fiscal fourth-quarter results that topped expectations, as its same-store sales surged 20% during the period.

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Nike sales beat analysts' estimates, but earnings fall, hurt by coronavirus pandemic

Nike reported quarterly sales that topped analysts' expectations, thanks to a boost from its digital business and growth in North America.

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Citadel turns 2020 profit after spotting virus risk early

Citadel has so far weathered the coronavirus market storm well, turning a slight profit in its flagship Wellington hedge fund for the year through Monday, according to a person familiar with the situation.

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Chevron cuts 2020 spending, Permian production forecasts

Chevron said on Tuesday it was lowering its forecasts for spending and Permian production by 20% for the year, and will suspend share buybacks as oil companies find themselves in one of the worst times in decades.

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Earnings are about to do something they haven't done since 2008 because of coronavirus

PNC Financial's Amanda Agati warns coronavirus fallout could dramatically hurt corporate America through the second quarter.

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JC Penney yanks earnings outlook because of coronavirus

The department store chain announced Friday morning that it is not providing an updated outlook at this time.

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Coca-Cola withdraws 2020 outlook amid coronavirus pandemic

Coca-Cola on Friday said that it does not expect to meet its financial outlook for 2020 due to the impact of the coronavirus pandemic.

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Kohl's taps credit and withdraws earnings outlook because of coronavirus

Kohl's has withdrawn its earnings outlook for the current quarter and fiscal year, as it grapples with the hit it will take from the coronavirus pandemic.

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Olive Garden's parent Darden Restaurants beats on earnings but pulls outlook and dividend

Darden Restaurants withdrew its fiscal 2020 outlook and suspended its quarterly dividend.

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FedEx suspends 2020 profit outlook, as coronavirus and turnaround pressure weigh

U.S. package delivery company FedEx suspended its 2020 profit outlook on Tuesday, citing the "significant impact" of the coronavirus, and said it would cut costs due to the uncertainty wrought by the pandemic.

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Nordstrom is closing all of its stores in the US because of coronavirus, withdraws 2020 outlook

Nordstrom is closing all of its stores temporarily to try to curb the spread of COVID-19. The retailer has also withdrawn its 2020 outlook.

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Nordstrom to close stores in US, Canada, withdraws 2020 outlook due to coronavirus

Apparel retailer Nordstrom on Monday withdrew its fiscal 2020 forecast and said it would close stores in the United States and Canada for two weeks due to the coronavirus pandemic.

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