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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