Semiconductor maker Micron announces 10% staff reduction, suspends bonuses

Micron said it would hit its reduction target through voluntary departures as well as layoffs.

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Nike surges after results top expectations and retailer shows inventory progress

Nike reported fiscal second-quarter earnings after the bell Tuesday.

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Olive Garden parent company Darden beats estimates, raises outlook

Darden Restaurants, the parent company of Olive Garden and LongHorn Steakhouse, raised its outlook for the year.

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Adobe stock climbs on a more profitable quarter than predicted

The design software company saw revenue growth slow sequentially, including in the key Creative category. But it maintained full-year guidance from October.

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Satellite imagery venture Planet delivers record quarter, sees annual revenue nearing $200 million

Planet delivered record results for the third quarter and forecast nearly $200 million in annual revenue.

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Oracle beats on top and bottom lines

Oracle reported better-than-expected results in the fiscal second quarter, as cloud infrastructure revenue jumped.

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Lululemon shares fall after company offers weak holiday quarter guidance

Lululemon reported sales and profit that topped estimates, but the company offered softer guidance than expected for the fourth quarter.

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Rent the Runway shares surge after fashion rental company reports stronger quarterly sales

The fashion rental company reported stronger revenue that beat expectations as customers opted to borrow designer clothes instead of buying them.

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GameStop reports decline in revenue and sharp decrease in cash

GameStop posted a decline in revenue, but its net loss narrowed from a year ago.

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MongoDB stock jumps 27% after cloud database company shows surprise adjusted profit

MongoDB provided upbeat commentary on demand even as some companies are being more cautious with spending on Salesforce and other software.

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Ulta Beauty boosts outlook, as shoppers keep splurging on makeup

Ulta Beauty on Thursday boosted its outlook and surpassed Wall Street's quarterly earnings and sales expectations.

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Snowflake shares tumble on light product revenue guidance

Snowflake shares fell Wednesday after the company released third-quarter results that beat estimates but offered light product revenue guidance.

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CrowdStrike shares tumble on weaker-than-expected growth in new revenue

CrowdStrike shares dropped after the cybersecurity company said annual recurring revenue was below expectations in part because of "macroeconomic headwinds."

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HP laying off 4,000-6,000 employees globally over the next three years

HP shares moved higher after management announced another wave of job cuts, which come as the company faces steeper revenue declines in PCs and printers.

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Best Buy sticks to holiday-quarter outlook as electronics demand holds up

Best Buy raised its full-year forecast to reflect its better-than-expected quarterly results.

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Shares of Indonesia's GoTo fall 6% as nine-month loss swells

GoTo said on-demand services, including ride hailing and food delivery, achieved positive contribution margin in September, "several months ahead of schedule."

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Zoom shares drop on light forecast as company faces 'heightened deal scrutiny'

Far from its heady days of 300% growth in the pandemic, Zoom's expansion is now mired in the single digits and the company faces headwinds as the economy slows.

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Gap beats on third-quarter revenue, but tempers expectations for holiday season

Gap on Thursday beat Wall Street's quarterly revenue expectations, but gave a cautious outlook for the holiday season.

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Cisco shares pop on earnings beat and increased 2023 forecast

Cisco reported fiscal first-quarter results that beat analysts' estimates on top and bottom lines, as the company cited an "easing supply situation."

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Lowe's reports earnings before the bell – here's what to expect

Lowe's earnings report comes a day after Home Depot's third quarter earnings beat analyst's estimates.

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

Target has been trying to sell off TVs, bicycles and other excess merchandise.

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What to expect when Home Depot reports third-quarter earnings

Retailer Home Depot will report third-quarter earnings before the bell Tuesday.

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

Walmart cut its profit outlook this summer but has attracted customers with low-priced groceries.

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Swedish EV maker Polestar reports lower operating loss, confirms full-year guidance

Cost cuts and higher sales helped EV maker Polestar trim its operating loss from a year ago. The company expects to deliver 50,000 vehicles in 2022.

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Nio reports strong third-quarter revenue as it gears up for a big year-end production push

Nio's loss widened significantly from a year ago, but revenue was strong, and the company guided to a big jump in production in the fourth quarter.

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Rocket Lab reports record quarterly revenue, with added contract wins

Rocket Lab delivered quarterly results on Wednesday that boasted record revenue, with the space company tacking on additional contract wins across its business.

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Rivian seeks to cut costs while boosting EV production to meet 2022 targets

Rivian said it now has "over 114,000" preorders for its R1-series trucks and SUVs.

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Beyond Meat reports wider-than-expected loss, falling revenue

Beyond Meat reported a wider-than-expected loss as demand for its meat substitutes tumbled.

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Roblox shares sink after reporting bigger loss than expected

Shares of Roblox fell in premarket trading Wednesday after the company reported a third-quarter loss but beat analyst estimates for revenue.

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Adidas warns of big earnings hit after ending Ye partnership

Adidas on Wednesday cut its full-year guidance on the back of the German sportswear giant's termination of its partnership with Kanye West's Yeezy brand.

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Electric vehicle maker Lucid reports third-quarter loss, confirms it's on track to meet production guidance

The company said it's still on track to make between 6,000 and 7,000 of its luxury sedans this year.

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Novavax posts third quarter loss but beats revenue expectations

The Covid-19 vaccine maker reported a net loss of more than $169 million for the third quarter, compared to a loss of $322 million in the same period last year.

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Disney is about to report quarterly earnings. Here's what to expect

All eyes will be on Disney's streaming numbers when the company reports its fiscal fourth quarter earnings results after the bell Tuesday.

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Lyft shares fall after disappointing revenue, active rider miss

Lyft reported third-quarter revenue that fell short of estimates, and active riders came in below Wall Street's forecast.

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Palantir stock falls after slight earnings miss

Shares of Palantir fell Monday after the company released third-quarter earnings that slightly missed analyst estimates for earnings but beat on revenue.

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Berkshire Hathaway's operating earnings jump 20%, conglomerate buys back another $1 billion in stock

Berkshire Hathaway posted a solid gain in operating profits during the third quarter despite rising recession fears.

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DraftKings shares tumble after monthly users fall short of estimates

DraftKings stock fell as much as 26% on Friday despite the sports betting company posting higher-than-expected revenue for its third-quarter earnings report.

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Atlassian plummets more than 20% on weak earnings report and disappointing forecast

Atlassian's free users are also converting to paid customers more slowly.

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Starbucks is about to report earnings. Here's what to expect

Shares of Starbucks have fallen nearly 28% this year, dragging its market value down to $97.11 billion.

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Altice USA stock sinks after tough third quarter earnings

Altice USA's stock sunk more than 20% Thursday after a weak earnings report

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Nikola's quarterly results beat expectations on deliveries of 63 electric semitrucks

Nikola's third-quarter revenue was higher than expected after it delivered 63 battery-electric heavy trucks to dealers.

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Peloton shares tumble after company offers weak holiday quarter outlook

Peloton reported a wider-than-expected loss and a steeper decline in revenue than analysts projected, while offering a weak holiday-quarter outlook.

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Restaurant Brands' earnings top estimates as sales rise at Burger King, Tim Hortons

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Shares of Airbnb tumble 13% on low fourth-quarter guidance

Shares of Airbnb fell Wednesday, a day after the company released third-quarter earnings that beat Wall Street's estimates but fell short on Q4 guidance.

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Qualcomm revenue up 22% but shares fall on first-quarter guidance

Qualcomm shares fell in extended trading on Wednesday after the chipmaker offered poor first-quarter guidance.

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Paramount Global shares slide as results miss and TV revenue falls

Paramount Global missed revenue estimates as revenue declined for its TV networks and advertising.

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Strong dollar weighs on Yum Brands even as sales rise at KFC and Taco Bell

Yum Brands missed Wall Street's earnings estimates but beat quarterly revenue expectations.

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CVS Health raises outlook as third quarter results beat estimates

CVS Health beat Wall Street's expectations in its third quarter earnings report. The company also announced an opioid settlement.

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AMD misses but still ekes out 29% revenue growth

The chipmaker's results were better than the company had told analysts to expect last month as it witnessed a weakening market for personal computers.

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Pfizer raises 2022 earnings guidance, beats third-quarter expectations

Pfizer now expects earnings per share of $6.40 to $6.50 for the year, up from its previous forecast of $6.30 to $6.45.

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Uber reports another loss but beats on revenue and the stock is up

Uber reported a third-quarter loss but beat analysts' estimates for revenue.

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Oil giant Saudi Aramco's quarterly profit surges 39% on higher prices

The Saudi state oil giant also reported a record $45 billion in free cash flow.

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BP rakes in quarterly profit of $8.2 billion as oil majors post another round of bumper earnings

The world's largest oil and gas majors have reported bumper earnings in recent months, leading to renewed calls for higher taxes on oil company profits.

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Intel announces up to $10 billion in cost reductions through 2025

Intel said that it intends to find cost reductions and efficiencies worth up to $10 billion through 2025. But guidance for the full fiscal year came up short.

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Pinterest shares soar on third-quarter revenue beat as it bucks online ads trend

Pinterest shares jumped over 14% after the company posted third-quarter earnings that beat on both revenue and earnings per share.

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Shopify shares pop 18% on smaller-than-expected loss

Shopify reported earnings before the opening bell. Here are the results.

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Altria quarterly earnings miss estimates as cigarette maker's revenue falls

Cigarette maker Altria Group narrowed its earnings guidance for the year as it reported third-quarter earnings and revenue that missed Wall Street estimates.

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Apple set to report earnings after the bell

Apple reports fiscal Q4 2022 earnings at 4:30 p.m. Eastern time on Thursday, Oct. 27.

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Southwest says travel demand still strong, warns Boeing delays could continue into 2024

Southwest said delivery delays will determine its schedules going forward.

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Comcast is set to report earnings. Here's what to expect

Investors will pay close attention to Comcast's broadband business when the company reports earnings Thursday morning.

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Oil giant Shell reveals plans to hike dividend as quarterly profits more than double

Shell revealed plans to raise its dividend per share by around 15% for the fourth quarter.

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Boeing reports quarterly loss on problems in Air Force One, tanker programs

Boeing's defense unit drove the company to a loss, despite nearly $3 billion in free cash flow.

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Barclays posts profit beat for the third quarter on strong bond trading revenue

Barclays on Wednesday reported an unexpected rise in third-quarter earnings on the back of strong trading revenues, despite a continued drag from a costly U.S. trading error.

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Chipotle says price hikes lift revenue as customer visits slip

The burrito chain said same-store sales rose 7.6% in the quarter.

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Spotify shares dip after third-quarter earnings report

Spotify shares fell in extended trading Tuesday after reporting a third-quarter loss that was wider than analyst expectations.

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JetBlue posts quarterly profit as travel demand helps cover jump in costs

Other U.S. airlines this month said they aren't seeing a slowdown in travel demand.

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Alphabet to report Q3 earnings after the bell Tuesday

Alphabet is expected to report its weakest revenue growth for any period since 2013.

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UPS reaffirms its outlook for 2022 as it posts mixed quarterly results

United Parcel Service's third quarter revenue fell below Wall Street's expectations, but profit surpassed them.

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Swiss bank UBS posts 24% profit slide but beats analyst expectations

UBS on Tuesday reported a net income of $1.7 billion for the third quarter of this year, slightly above analyst expectations, with the Swiss bank citing a challenging environment.

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General Motors is set to report earnings before the bell. Here's what Wall Street expects

The auto industry's earnings and forecasts are being closely watched by Wall Street for any signs that consumer demand could be weakening.

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Snap plunges more than 25% on third-quarter revenue miss

Snap reported disappointing revenue figures on Thursday, after the company put in place cost-cutting measures to boost profit.

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American Airlines expects fourth-quarter profit thanks to strong travel demand

American's revenue rose to a record $13.46 billion in the three months ended Sept. 30, up 13% from 2019 despite flying nearly 10% less.

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IBM surpasses quarterly projections and lifts its full-year revenue forecast

IBM saw a jump in mainframe computer and transaction-processing software sales in its first full quarter of sales of a new version, the z16, in May.

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Tesla is set to report earnings after the bell

During the quarter, Tesla faced soaring commodity and energy prices and had problems shipping cars to customers, but made improvements to its Shanghai factory.

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Procter & Gamble is about to report earnings. Here's what to expect

Shares of Procter & Gamble have fallen 21% this year, dragging its market value down to $306.4 billion.

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Globally critical chip firm ASML jumps 6% after earnings; sees limited impact from U.S. China curbs

ASML reported third-quarter earnings that topped analyst expectations, bucking the trend of a slowdown seen by other semiconductor firms.

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Adobe stock jumps on estimates for next year as strong dollar cuts into growth

Adobe CEO Shantanu Narayen says the company's success continues, but it's not immune from fluctuation in currencies.

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United Airlines shares surge on higher profit and strong demand forecast

United said it expects another profit for the fourth quarter.

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Hasbro revenue meets expectations but earnings miss as inflation squeezes shoppers

Hasbro reported Q3 earnings that missed expectations and revenue that matched Wall Street projections.

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

Goldman's traders tends to outperform other banks during periods of high volatility, which could help the firm in the third quarter.

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Bank of America tops estimates on better-than-expected bond trading, higher interest rates

Bank of America, led by CEO Brian Moynihan, was supposed to be one of the main beneficiaries of the Federal Reserve's rate-boosting campaign.

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Wells Fargo profit falls as bank boosts loan loss reserves; shares rise

Wells Fargo on Friday reported lower quarterly earnings than a year ago as a decision to build up reserves cut into profit.

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JPMorgan Chase tops analysts’ estimates for third-quarter profit on gains from interest income

Investors have dumped bank shares lately, pushing JPMorgan and others to fresh 52-week lows this week, on concern that the Fed will trigger a recession.

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Domino's reports mixed third-quarter results as U.S. same-store sales increase

Domino's Pizza reported mixed earnings compared to Wall Street expectations.

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Walgreens beats sales expectations, as it expands its health-care business

Walgreens' profit outlook for the new fiscal year is largely in line with Wall Street's expectations.

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Delta forecasts another profit after summer boom drives record revenue

Delta forecast another profit and revenue above 2019 levels for the last three months of the year.

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PepsiCo hikes forecast after third-quarter earnings, revenue top expectations

PepsiCo reported earnings Wednesday morning that beat analyst expectations.

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Nike sales rise, but supply chain issues and inventories weigh on earnings

Nike said its revenue rose in its fiscal first-quarter despite supply-chain volatility, while swollen inventories weighed on its profit.

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Bed Bath & Beyond reports 28% drop in sales as it presses ahead with turnaround plan

Bed Bath & Beyond's results didn't reflect the struggling, debt-laden retailer's turnaround plan, which it announced in August.

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Lego sales jump 17% in first half of 2022, boosted by Star Wars and Harry Potter sets

Lego revenue jumped 17% during the first six months of 2022, boosted by top-selling building set tie-ins with Star Wars and Harry Potter.

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FedEx hikes package rates, details cost cutting as demand weakens globally

FedEx announced rate hikes and detailed its cost-cutting efforts after warning last week it was seeing demand weaken globally.

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Olive Garden sales fall short, but parent company Darden stands by outlook

Darden Restaurants reported mixed quarterly results but still reiterated its outlook for fiscal 2023.

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FedEx moves to cut costs, withdraws 2023 guidance after first-quarter shipments disappoint

FedEx withdrew its full-year guidance and announced significant cost-cutting measures following what it called softness in global volume of shipments.

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Oracle reports 18% revenue growth after Cerner deal closes

Oracle said electronic health record software maker Cerner contributed $1.4 billion to quarterly revenue.

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GameStop reports wider loss, announces partnership with crypto exchange FTX

GameStop said quarterly sales declined and losses widened, as its inventory of video game equipment and more swelled.

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Nio reports wider second-quarter loss despite increase in EV shipments

Nio's second-quarter loss widened, but the company expects higher production and deliveries in the third quarter.

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Lululemon jumps after it boosts outlook and posts strong earnings beat

Lululemon reported second quarter earnings after the bell on Thursday.

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Fintech firm Klarna's losses triple after aggressive U.S. expansion and mass layoffs

The firm, which allows users to spread the cost of purchases over interest-free installments, saw a jump in operating expenses and defaults.

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Russia's Gazprom rallies by over 20% after bumper profit and dividend announcement

Russian gas giant Gazprom posted a record first-half profit on Tuesday and promised new dividends to shareholders.

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Best Buy's quarterly sales drop, as inflation-weary consumers pull back on spending

Best Buy also reaffirmed its guidance for the fiscal year, saying it expects softer demand for consumer electronics.

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Gap withdraws 2022 financial outlook as Old Navy sales fall in second quarter

Gap withdrew its financial outlook for the year after its second-quarter sales fell from a year ago and it works to fix its struggling business.

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Peloton reports big loss, decline in revenue as the company grinds through its turnaround plan

Peloton has pursued sweeping changes, including price hikes and a shift to emphasizing subscriptions, that have yet to fully pay off.

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Nvidia says gaming market conditions are 'challenging,' Q3 forecast misses

Nvidia's success in the past two years has been largely attributed to the quality of its latest generation of graphics cards.

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Snowflake shares soar following revenue beat

Shares of the cloud data platform provider Snowflake popped more than 17% in extended trading on Wednesday.

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Salesforce trims full-year expectations for earnings and revenue

Salesforce beat estimates for the latest quarter but gave a disappointing forecast for the year.

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Nordstrom shares drop as retailer cuts full-year forecast, cites inventory glut

Nordstrom slashed its financial forecast for the full year as the department store chain faces a glut of inventory that it must discount to move off shelves.

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Dick's Sporting Goods boosts 2022 outlook after second-quarter earnings top estimates

Dick's Sporting Goods reported quarterly earnings and revenue that topped analysts' expectations and boosted its financial outlook for the year.

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Macy's cuts full-year forecast despite strong quarter, fearing shoppers will pull back on spending

Macy's on Tuesday cut its full-year forecast, saying it anticipates deteriorating consumer spending on discretionary items like apparel.

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Zoom pares back annual forecast as revenue growth slows to single digits

Zoom's finance chief, Kelly Steckelberg, said revenue would have grown faster if it weren't for the strong U.S. dollar and online business performance.

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Kohl's cuts guidance, blaming inflation for softer sales from middle-income shoppers

Kohl's said its middle-income customers have been particularly pressured by higher inflation.

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Cisco tops estimates on revenue and profit and gives optimistic annual sales forecast

Cisco said revenue will grow by about 5% in the new fiscal year, accelerating from 3% in the year that just ended

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Target’s earnings take a huge hit as retailer sells off unwanted inventory

The big-box retailer cut its profit outlook in June, saying it would take a hit as it marked down unwanted goods and canceled merchandise orders.

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Lowe's reports mixed second-quarter results, citing shortened spring that hurt sales

Lowe's reported mixed second-quarter earnings Wednesday morning.

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Tencent, the $370 billion Chinese tech giant, posts first ever revenue decline

Tencent posted its first ever quarterly year-on-year revenue decline as stricter regulations around gaming in China and a resurgence of Covid hit the tech giant.

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Walmart sticks with second-half outlook after earnings beat expectations

The retailer's profits are under pressure, as consumers feel pinched by inflation and buy fewer high-margin items, such as apparel and electronics.

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Home Depot's second-quarter earnings beat expectations, company stands by 2022 guidance

Home Depot reported second-quarter earnings and revenue that beat expectations Tuesday morning.

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Saudi Aramco profit surges 90% in second quarter amid energy price boom

Saudi oil giant Aramco reported a stunning 90% surge in second quarter net income and record half year results on Sunday.

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Huawei's second quarter revenue rises slightly from a year ago

Chinese telecommunications giant Huawei released figures Friday that showed its first quarterly increase in revenue since 2020.

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Rivian posts second-quarter revenue above estimates, but expects a wider loss for the year

Electric vehicle maker Rivian maintained its full-year guidance for deliveries, but trimmed its full-year financial outlook.

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Warby Parker slashes sales outlook for the year as loss widens

Warby Parker on Thursday joined the slew of retailers that have cut their financial forecasts for the year.

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Jim Beam maker says some customers trading down, others still paying more for high-end liquor

Some price-sensitive whiskey and tequila drinkers are swapping out their high-end bottles for cheaper options, according to Beam Suntory.

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Disney streaming subscriber growth blows past estimates, as company beats on top and bottom line

Disney posted better-than-expected earnings on both the top and bottom line, bolstered by increased spending at its domestic theme parks.

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Norwegian Cruise Line shares fall as revenue, outlook lag pre-pandemic levels

The company reported second-quarter results that lagged pre-pandemic levels and warned of persistent volatility ahead.

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Deliveroo first-half losses widen as food delivery firm plans exit from the Netherlands

Deliveroo reported a pretax loss of £147.3 million in the first six months of the year, up 54% from the same period a year ago.

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Coinbase shares drop on billion-dollar loss in second quarter and revenue miss

Coinbase's revenue declined almost 64% in the quarter as cryptocurrency prices fell.

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Sweetgreen stock plummets after salad chain lowers forecast, announces layoffs and office downsizing

Sweetgreen said it will lay off 5% of its workforce and downsize to a smaller office building to lower its operating expenses.

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Roblox misses on top and bottom, shares dip 12%

Roblox reported second-quarter results on Tuesday that missed analyst estimates on the top and bottom lines.

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Nvidia warns on second-quarter revenue, shares dip

Nvidia shares dipped after the company released preliminary earnings that show second-quarter revenue of $6.7 billion, well below its outlook.

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Spirit Airlines posts loss on surge in costs, expects Florida challenges to continue

Spirit's expenses soared more than 66% compared with three years ago. Its fuel bill more than doubled.

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Allbirds 'dramatically' slows pace of new hires as loss widens

Allbirds announced cost-cutting efforts as the sustainable shoe maker reported wider loss compared with a year earlier.

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Novavax cuts 2022 revenue guidance in half, stock tanks in after-hours trading

The Maryland biotech company cut its 2022 sales outlook by about 50% and now expects to generate $2 billion to $2.3 billion in revenue.

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Palantir shares fall more than 10% following earnings report

Palantir reported second-quarter results before the bell Monday that showed a greater loss per share than anticipated but beat analyst's revenue expectations.

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AMD beats on earnings and revenue, but third-quarter forecast comes in light

AMD currently has a significant market opportunity as its primary rival for PC and server chips, Intel, stumbles with execution.

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PayPal jumps as Elliott Management says it has a $2 billion holding in the financial-services company

PayPal stock has been cut in half in 2022, but it's getting a vote of confidence from hedge fund Elliott Management, which is also a big Pinterest investor.

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Robinhood cutting about 23% of jobs, releases second quarter earnings

Robinhood CEO Vlad Tenev said Tuesday in a press release that the company will reduce its headcount by approximately 23%.

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Airbnb reports record-breaking bookings, announces $2 billion buyback

Airbnb's revenue jumped 58% year-over-year to $2.1 billion helping to drive the company’s most profitable second quarter to date.

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Starbucks is about to report earnings. Here's what to expect

Shares of Starbucks have fallen 27% this year, dragging its market value down to $98.37 billion.

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Ferrari boosts full-year guidance after a record second quarter

Ferrari increased its full-year guidance after a quarter that set records for revenue, profit and new orders.

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JetBlue forecasts return to profit in third quarter, holds back on growth as costs surge

JetBlue posted a second-quarter loss and scaled back capacity growth plans.

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Uber reports another big loss but beats on revenue, shares pop 12%

Uber reported a second quarter loss on Tuesday but beat analyst estimates for revenue.

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Oil major BP boosts dividend as quarterly profits jump on high commodity prices

U.K. oil giant BP on Tuesday reported bumper second-quarter profits, benefitting from a surge in commodity prices.

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Pinterest climbs on user numbers and Elliott investment even as financials disappoint

Pinterest shares jumped after the company's user numbers surpassed analysts' estimates in a gloomy quarter for social media.

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Chevron, Exxon post record quarterly profits as commodity prices boom

Chevron and Exxon earned record profits during the second quarter of 2022.

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P&G reports mixed quarterly results, warns 'significant headwinds' expected to persist

Procter & Gamble reported mixed results for its fiscal fourth quarter.

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Roku shares crater after company misses on earnings and warns of 'recessionary fears'

Roku shares plummeted more than 25% in extended trading on Thursday after the company missed expectations on the top and bottom lines for its second quarter.

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Intel CFO says we're 'on the bottom' after company misses earnings and stock sinks

Consumers and schools aren't buying as many PCs as they were, driving a net loss for Intel. But price bumps in the fourth quarter should bolster margins.

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Apple beats on revenue and profit, expects growth to accelerate despite 'pockets of softness'

Apple reported earnings on Thursday for its fiscal third quarter ending in June.

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Amazon jumps on revenue beat and rosy guidance for third quarter

Amazon on Thursday reported second-quarter results that beat on the top line and issued rosy sales guidance for the third quarter.

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Comcast fails to add broadband subscribers for first time ever as economy slows

Comcast beat revenue and profit estimates but failed to deliver broadband subscriber growth. Peacock subscriber numbers were also flat.

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Etsy shares pop as company beats on top and bottom lines

Etsy shares jumped more than 15% in after-hours trading on Wednesday after the company's second quarter earnings beat on top and bottom lines.

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Barclays posts profit slump after hit from costly trading error in the U.S.

Barclays took charges of £1.9 billion for the first half, including £1.3 billion related to its trading blunder in the U.S.

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Meta reports earnings, revenue miss and forecasts second straight quarter of declining sales

Meta's second-quarter earnings report comes after a 50% plunge in the company's stock price this year.

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Ford beats expectations and raises dividend as company sells more of its top models

Ford reported second-quarter results that beat Wall Street's estimates for revenue and profit.

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Qualcomm sales rise 37% despite 'challenging macroeconomic environment'

Qualcomm reported third-quarter earnings after the bell on Wednesday.

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YouTube has 'obvious math' problem as growth slows dramatically from pandemic highs

Alphabet executives blamed tough comparisons and economic challenges for YouTube's slowing growth rate.

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Microsoft misses estimates but stock up 5% on rosy guidance

Microsoft said it would have had more revenue in the quarter were it not for unfavorable foreign-exchange rates and tougher PC and advertising markets.

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Alphabet misses on earnings and revenue for second quarter

Alphabet reported earnings after the bell. Here are the results.

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Chipotle price hikes drive profit growth – and the chain says more increases are coming

Chipotle shares have fallen 25% this year, dragging its market value down to $37.16 billion.

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Shares of UPS fall after company says higher rates offset lower-than-expected volumes in second quarter

United Parcel Service posted better-than-expected quarterly revenue and earnings despite volumes falling short of expectations.

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3M will spin off its health-care business into a new public company

3M announced Tuesday that it will spin off its health-care business into a separate publicly traded company.

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McDonald's is about to report its earnings. Here's what to expect

Shares of McDonald's have fallen more than 6% this year, dragging its market value down to $185.2 billion.

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Coca-Cola is about to report earnings. Here's what to expect

Shares of Coke have risen 5% this year, giving it a market value of $269.6 billion.

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General Motors is about to report second-quarter earnings

Like other global automakers, GM has been working through supply-chain disruptions for the last several quarters

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UBS misses expectations; CEO cites one of the 'most challenging' quarters for investors in a decade

As market declines accelerated across equity and fixed income in the second quarter, the bank's wealth management division took a hit.

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Walmart cuts profit outlook as inflation forces shoppers to spend more on necessities

Walmart shares fell after the company cut its profit expectations due to inflation's impact on shoppers' choices.

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Weber shares tank as grill maker announces CEO departure amid disappointing sales

Shares of Weber tumbled after the company said CEO Chris Scherzinger is departing amid waning consumer demand.

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Verizon shares fall after company cuts full-year forecast

Verizon shares fell nearly 5% after the company released its second quarter earnings report.

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Twitter misses earnings expectations, partially blames revenue drop on Elon Musk takeover bid

Twitter blamed the revenue miss on ad industry headwinds and "uncertainty" tied to the pending acquisition of the company by Elon Musk.

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Snap shares plunge 25% on disappointing second-quarter results and plans to slow hiring

Snap missed Wall Street estimates for sales and disclosed a wider-than-expected loss in its second-quarter earnings report.

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AT&T shares fall after company says later payments, higher spending are hurting cash flow

AT&T shares fell almost 8% after its second-quarter earnings report revealed a lower-than-expected cash flow.

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Domino's earnings miss expectations as pizza chain cites tough labor market, higher costs

The ongoing shortage of delivery drivers hurt the chain's sales again this quarter.

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American Airlines forecasts third-quarter profit but scales back growth after flight disruptions

American's CEO said the carrier would limit its expansion this year.

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Goldman-backed digital bank Starling reports its first annual profit as other fintechs stumble

British digital bank Starling reported its debut annual profit Thursday as revenues at the firm almost doubled.

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United Airlines posts profit on travel surge but holds back on flight growth

United Airlines on Wednesday notched a key profit milestone in its pandemic recovery.

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Tesla grows revenue 42%, but automotive margins decline

Tesla's margins were impacted by inflation and fiercer competition for the components that go into EVs.

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Netflix loses fewer subscribers than expected and says cheaper ad tier is coming in early 2023

The company also said it aimed to unveil its lower-cost, ad-supported tier in early 2023.

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IBM shares slide after company trims cash forecast

The hardware, software and consulting provider trimmed its 2022 free cash flow forecast.

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

Goldman tends to outperform other banks during periods of high volatility, but it is also one of the biggest corporate advisors on Wall Street.

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Bank of America tops expectations on revenue as lender benefits from higher interest rates

Bank of America, led by CEO Brian Moynihan since 2010, had enjoyed tailwinds as rising interest rates and a rebound in loan growth boosted income.

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Citigroup tops profit estimates as bank benefits from rising interest rates, shares pop 4%

Of the four major banks to report second-quarter results this week, only Citigroup topped expectations for revenue.

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Wells Fargo profit falls as the bank sets aside funds for bad loans, company's shares drop 3%

Analysts and investors have been closely poring over bank results for any signs of stress on the U.S. economy.

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Morgan Stanley misses analysts’ estimates on worse-than-expected investment banking revenue

Wall Street banks are grappling with the collapse in IPOs and debt and equity issuance this year.

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World's largest chipmaker TSMC posts record profit allaying fears over semiconductor headwinds

Despite strong Q2 results, TSMC CEO CC Wei said that some of the company's capital expenditure would be "pushed out into 2023."

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

As a result of all the conflicting data, investors should brace themselves for a wider-than-usual range of outcomes for the banks this quarter.

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Delta posts profit despite jump in costs, vows to improve reliability after difficult summer start

Delta said both leisure and business travel demand improved sharply in the second quarter.

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PepsiCo raises revenue outlook after sales and profit top expectations

PepsiCo raised its revenue outlook for the year as consumers snacked on more Doritos chips and drank more Gatorade, even as prices increased.

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Singapore’s state-owned investor Temasek reports record portfolio value

Temasek Holdings reported that the net value of its portfolio grew to $286.48 billion at the end of March — surpassing last year's record high.

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Levi Strauss hikes dividend as second-quarter earnings exceed expectations

Levi Strauss second quarter earnings topped analyst estimates.

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Samsung's 'better than feared' earnings spur chip stock rally

Samsung's second quarter earnings guidance, which provided relief for investors, helped drag up shares of chipmakers TSMC, UMC and SK Hynix.

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Walgreens beats sales expectations as retail growth helps offset steep drop in Covid vaccines

The drugstore reiterated its forecast for the year, after seeing online purchases jump and retail sales bounce back in the quarter.

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RH shares slide after company lowers its outlook for the year

High-end furniture chain RH on Wednesday slashed its outlook for 2022 revenue.

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Bed Bath & Beyond replaces CEO as retailer's sales plummet

The home goods retailer has faced months of challenges, with supply chain woes and pressure from activist investor Ryan Cohen.

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Nike earnings top Wall Street's expectations, despite inflation in the U.S. and Covid lockdowns in China

Nike posted better-than-expected sales and profit for its fiscal fourth quarter.

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Olive Garden's parent company Darden beats earnings estimates as sales jump

Olive Garden's parent company issued a mixed forecast for fiscal 2023 as it prepares to face inflation and other economic uncertainty.

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Adobe shares move lower after full-year projections fall short

Adobe cited foreign-exchange challenges, along with other software companies, as well as the war in Ukraine when it gave lower-than-expected guidance.

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Oracle shares rise on better-than-expected earnings report

Oracle exceeded estimates on the top and bottom lines for its fiscal fourth quarter.

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DocuSign shares crater after first-quarter earnings miss

DocuSign has struggled this year alongside the rest of the cloud software sector.

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Credit Suisse issues profit warning for second quarter, citing Ukraine war and rate hikes

Credit Suisse said on Wednesday that it is likely to post a loss for the second quarter as the war in Ukraine and monetary policy tightening squeeze its investment bank.

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Target shares fall 9% as it expects squeezed profits from aggressive plan to get rid of unwanted inventory

Target said it will take a short-term hit from markdowns, but wants to clear room for groceries, back-to-school supplies and other items consumers want.

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Lululemon raises guidance for the year as earnings and sales beat expectations

Lululemon expects the momentum in its business to continue in spite of broader economic headwinds.

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Microsoft lowers fourth-quarter guidance, citing unfavorable foreign exchange rates

In an investor slide deck, Microsoft said it lowered its revenue guidance as a result of unfavorable foreign exchange rate movement.

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GameStop reports $158 million loss and decline in hardware sales

GameStop reported its first-quarter 2022 earnings after the bell on Wednesday.

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Salesforce stock jumps as it raises profit forecast

Salesforce now sees a stronger full fiscal year of profitability even as it expects to turn in less revenue than it had previously expected.

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Victoria's Secret quarterly profit beats Wall Street estimates in spite of challenging backdrop

Victoria's Secret said in prepared remarks that it navigated "significant supply chain headwinds" in the quarter while also lapping federal stimulus benefits from the year-ago period.

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Alibaba, Tencent and JD.com all just posted their slowest revenue growth on record

Chinese tech giants Alibaba, Tencent and JD.com have all posted their slowest revenue growth on record as Covid and Beijing's tech crackdown took their toll.

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3 takeaways from Dollar General, Dollar Tree earnings that sent stocks soaring

Dollar Tree and Dollar General boosted their outlook for the year, noting that shoppers squeezed by inflation will seek cheaper prices.

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Gap shares fall 13% after retailer slashes profit guidance for the year

The lower-income consumer, which is Old Navy's target customer, is starting to feel pinched by inflation, Chief Executive Officer Sonia Syngal told CNBC.

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Macy’s stock surges as company raises 2022 profit outlook despite uncertain retail landscape

Macy's reaffirmed its fiscal 2022 sales outlook and raised its profit guidance, expecting stronger credit card revenue for the remainder of the year.

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Nvidia stock falls on light guidance, CFO says company will slow hiring

The stock dropped in extended trading after the chipmaker gave a light forecast for the current quarter.

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Snowflake stock falls as executives forecast a narrower margin than expected

Snowflake maintained its full-year projections, show that it continues to expect revenue growth to slow from its days as a newly minted public company.

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Dick's Sporting Goods cuts outlook for the year, joining broader retail trend

Dick's became the latest retailer to cut its financial forecast for the year as it contends with high inflation and supply chain problems.

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Nordstrom raises full-year outlook as first-quarter sales top expectations

CEO Erik Nordstrom said the company has been able to capitalize on demand from people who are shopping for "long-awaited occasions."

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Abercrombie shares fall over 10% after retailer posts loss, offers weak outlook

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Best Buy shares rise after electronics chain's sales top expectations

Best Buy's revenue beat Wall Street's revenue estimates for the fiscal first quarter.

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Zoom pops 16% on first-quarter earnings beat and strong guidance

Zoom shares have lost about 85% of their value since peaking October 2020, and are down by more than half this year.

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Snap plunges more than 25% after CEO warns company will miss revenue and earnings estimates, slow hiring

Snap will miss its own targets for revenue and adjusted earnings in the current quarter, CEO Evan Speigel warned on Monday in a note to employees.

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Palo Alto Networks stock jumps after company lifts full-year forecast

Palo Alto Networks is benefiting from positive trends in demand for cybersecurity services, CEO Nikesh Arora said in a statement.

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Kohl's says final sale bids expected in coming weeks; retailer slashes full-year outlook after earnings miss

Kohl's joins a growing list of major retailers that have seen logistics and staffing expenses eat into profits amid 40-year-high inflation.

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Tencent profits plunge as Chinese tech giant grapples with Covid lockdowns, regulation

China's Covid lockdowns have hurt advertiser sentiment, while Tencent's ad business has also taken a knock from competition from rivals.

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Bath & Body Works shares fall as retailer cuts profit outlook due to inflation

Bath & Body Works cut its profit outlook for the year, in part due to expected increases in inflationary pressures.

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Cisco stock plunges 17% as company forecasts surprising revenue decline

Cisco has gone from growth to flat revenue, and now it's calling for a decline as it sees costs mounting from the war between Russia and Ukraine.

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Lowe's sales decline as cool spring weather weighs on demand for outdoor products

The home improvement retailer's profit topped Wall Street estimates for the quarter, even as sales missed the mark.

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Target shares sink more than 20% after company says high costs, inventory woes hit profits

The big-box retailer said it saw a healthy customer, but a shift to experience-based purchases, such as toys for birthday parties and luggage for trips.

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Shares of Shopee-owner Sea surge 14% after stronger-than-expected revenue

Southeast Asian tech giant Sea's shares rebounded, but its e-commerce site could slow due to macro uncertainties.

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Chinese e-commerce giant JD beats estimates despite slowest quarterly revenue growth on record; shares pop 8%

JD.com said revenue for the first quarter of 2022 totaled 239.7 billion Chinese yuan ($37.8 billion) vs. 236.6 billion yuan expected, a 18% year-on-year rise.

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

The discounter may benefit short-term from rising food and energy prices, but could lose out in discretionary categories if consumers feel budget-strapped.

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Home Depot is about to report earnings. Here's what to expect

Shares of the company have fallen 7% over the last year, dragging its market value down to $306 billion.

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Disney shares slip after earnings report, as Covid closures take a toll on parks in Asia

Disney reported stronger-than-expected growth in streaming subscribers across all of its media platforms, but its shares fell after hours.

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Rivian stock jumps as the EV automaker says demand remains high and production is on track

Electric vehicle maker Rivian Automotive on Wednesday maintained its 2022 production target, saying it's still on track to build 25,000 vehicles this year.

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Beyond Meat shares tumble after company reports widening loss, disappointing revenue

Beyond Meat reported a wider-than-expected loss for its first quarter as it offered steeper discounts and cheaper prices to international consumers.

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Coinbase revenue drops 27% from a year ago, stock slides

Coinbase earnings missed analyst estimates and shares fell as much as 19% in extended trading.

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Roblox shares sink on disappointing revenue and wider-than-expected loss

Roblox soared in popularity during the pandemic, but the hype has since cooled.

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SoFi stock falls after fintech firm accidentally releases first-quarter report early

SoFi blamed the early release of its results on human error, according to CNBC's Kate Rooney.

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A.I. lender Upstart shares plummet 55% after company cuts full-year revenue forecast

Shares of Upstart plummeted Tuesday after the consumer lending platform cut its full-year revenue outlook.

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Peloton shares fall 26% after company posts huge loss and offers weak guidance

Peloton reported a wider-than-expected quarterly loss and a steep decline in sales, as inventories piled up in warehouses and ate away at the company's cash. 

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Novavax posts first profitable quarter as Covid vaccine rolls out around the world

Novavax reported net income of $203 million in the first quarter, compared to a net loss of $222.7 million the same period last year.

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AMC shares rise after results outpace Wall Street expectations

AMC Entertainment posted a narrower-than-expected loss during the first quarter.

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Under Armour stock falls as company offers weak guidance, posts unexpected loss

Under Armour reported an unexpected loss and sales below estimates as the company grappled with global supply chain challenges and Covid lockdowns in China.

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DoorDash rises after reporting 35% sales growth

DoorDash reported a significantly slower rate of revenue growth than it did in the same quarter in 2021, when net sales nearly tripled.

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Lucid reports 30,000 EV reservations and raises prices on its Air sedans

Lucid said that it now has 30,000 reservations for its Air luxury sedan — and it's raising prices in June.

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Sweetgreen losses widen despite 67% jump in quarterly sales

Sweetgreen sales jumped 67%, fueled by more customer transactions and menu price hikes.

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Shopify stock down 15% after earnings miss, $2.1 billion acquisition of logistics start-up

Shopify announced it would buy Deliverr, which provides fulfillment services for online merchants, for $2.1 billion, the largest acquisition in its history.

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Wayfair loses customers and money in a messy quarter, announces its CFO will retire

Wayfair co-founder and Chief Executive Officer Niraj Shah said, despite sliding sales, consumer health remains "relatively strong."

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Oil giant Shell reports highest quarterly profit since 2008 on soaring commodity prices

Shell's bumper earnings echo profits seen across the oil and gas industry, even as many energy majors incur costly write-downs from exiting Russia.

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Sunrun shares surge after company reports jump in customers, says higher utility prices are fueling solar

The largest residential solar company in the U.S. raised guidance for Q2 as soaring commodity prices make solar power more attractive.

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EBay and Etsy drop on weak guidance as e-commerce crunch continues

Both of the companies gave disappointing guidance for the current quarter, sending their stocks sharply lower in extended trading.

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A slate of EV automakers report earnings this week and will try to prove they can turn hype into production

All three stocks are down sharply from highs: Can the companies regain momentum?

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Uber reports surging revenue as drivers return, but posts massive loss on investments

Uber expects to keep drivers without "significant incremental incentive investments."

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CVS raises forecast for year, as first-quarter earnings top expectations

CVS Health outpaced expectations for earnings and raised its guidance for the year, as it saw demand for at-home Covid tests, prescriptions and more.

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Starbucks suspends its outlook as Covid lockdowns hammer sales in China

It's Howard Schultz's first earnings report since taking back the top job at Starbucks in early April.

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AMD sales jump 71%, shrugging off concerns about PC slowdown

AMD reported first-quarter earnings after the bell on Tuesday, beating analyst estimates for earnings and revenue.

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Lyft shares plunge on light guidance, continued driver incentives

The company has struggled with driver supply and demand imbalances throughout the pandemic, leading to higher costs or long wait times.

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Airbnb beats estimates with 70% revenue growth as travel rebounds

Airbnb said it's seen substantial growth in bookings despite pandemic concerns, "macroeconomic headwinds" and the war in Ukraine.

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Pfizer reports combined sales of $15 billion for Covid vaccine and antiviral treatment in first quarter

Pfizer said it sold $13.2 billion of its Covid vaccine and $1.5 billion of its antiviral treatment Paxlovid.

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Burger King parent earnings beat estimates as revenue climbs 15%

Restaurant Brands International reported results that beat expectations, fueled by strong same-store sales growth from Burger King's overseas restaurants.

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BP reports bumper first-quarter net profit, but posts massive loss on hit from Russia exit

BP announced a further $2.5 billion in share buybacks as it reported its highest first-quarter profit in more than a decade.

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Uber reports Q1 earnings on Wednesday: Here's what Wall Street's watching

Uber shares are down more than 26% year-to-date Here's what Wall Street will be looking for when Uber reports Q1 earnings on Wednesday.

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Berkshire earnings decline in the first quarter on slowing economic growth, stock market pullback

Warren Buffett's Berkshire Hathaway reported Saturday a decline in first-quarter earnings, as the conglomerate was not immune to a slowing U.S. economy.

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Amazon shares fall on bleak forecast and slowest growth since dot-com bust

Amazon gave a revenue forecast that trailed analysts' estimates and recorded a big loss on its Rivian investment.

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Intel beats but offers disappointing guidance

Intel called for weaker-than-expected second-quarter earnings and revenue as it plans exapansion through factories in the U.S. and Germany.

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Robinhood shares fall as retail brokerage reports shrinking revenue, fewer active users

Robinhood was up against some tough comparisons in the first quarter, when interest in so-called meme stocks in 2021 fueled its rapid growth. 

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Apple reports second-quarter earnings after the bell

Apple earnings: Investors are increasingly wondering how the demand for iPhones, iPads, and Macs is holding up during deteriorating macroeconomic conditions.

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McDonald's is about to report earnings. Here's what to expect

McDonald's and its franchisees have been raising prices in the U.S. as oil and other commodity costs soar.

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Huawei's first quarter revenue tumbles by nearly 14% as smartphone sales plunge

Chinese telecommunications giant Huawei said first quarter revenue fell by nearly 14% from a year ago, while its profit margin more than halved.

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Barclays beats expectations but suspends buybacks after U.S. trading blunder

Barclays said last month that it had sold $15.2 billion more in U.S. investment products — known as "structured notes" — than it was permitted to.

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Facebook shares spike on better-than-expected quarterly earnings

Meta, the company formerly known as Facebook, reported earnings after the bell. Here are the results.

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Ford sees first-quarter profit dragged lower by Rivian stake, but maintains 2022 earnings guidance

Rivian stock shed about 52% of its market cap during the first quarter, bringing the value of Ford's stake down from $10.6 billion to $5.1 billion.

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Pinterest jumps after earnings beat

The company missed analyst expectations slightly on monthly active users.

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Qualcomm revenue pops 41% driven by Android phone chip sales

Qualcomm makes most of its money from selling processors and modems for smartphones and licensing technology for connecting to cellular networks.

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Deutsche Bank posts seventh straight quarter of profit, warns of increasing cost pressures

Deutsche Bank reported Wednesday its seventh consecutive quarterly profit, but warned that the current environment is "challenging" and "cost pressures have intensified."

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Chipotle earnings beat estimates as customers paid more, helping offset surging costs

Chipotle's restaurant operating margins shrank as it paid more for beef, avocados, paper and labor.

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General Motors maintains 2022 guidance despite rising costs and supply chain issues

GM reaffirmed plans to produce 25% to 30% more vehicles this year than last year.

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Microsoft earnings beat across the board, stock up on outlook

Microsoft's Azure cloud revenue came in higher than analysts had expected, with the company citing strong demand for consumption-based services.

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Alphabet reports weak earnings and revenue on big YouTube miss

Alphabet reported earnings after the bell. Here are the results.

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Warner Bros. Discovery posts 13% revenue jump, 2 million new streaming subscribers in Q1

The results don't include first-quarter performance from WarnerMedia, which Discovery bought this month.

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PepsiCo raises revenue outlook as earnings beat estimates despite higher costs

Pepsi reported a $193 million impairment charge, after taxes, as it tries to discontinue or reposition some of its juice and dairy brands in Russia.

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UBS beats expectations for the first quarter; continues to reduce Russia exposure

The bank said macroeconomic, geopolitical and market factors created a high level of uncertainty in the first three months of the year.

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Coca-Cola is about to report earnings. Here's what to expect

Shares of Coke have climbed 19% over the last 12 months, giving it a market value of $283 billion.

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Old Navy CEO to exit as parent company Gap cuts sales guidance

Gap Inc. announced Thursday that the CEO of its Old Navy division, Nancy Green, is leaving her post this week.

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Snap reports ‘challenging’ quarter that missed sales and profit estimates

Snap reported first-quarter results on Thursday after the bell.

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American forecasts second-quarter profit on soaring travel demand, stock surges 11%

American expects to fly as much as 94% of its 2019 schedule, more than competitors Delta Air Lines and United Airlines.

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United forecasts a 2022 profit as passengers return and pay more to fly

United says strong demand and higher fares are allowing the airline to cover its fuel costs.

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Tesla reports first-quarter earnings after the bell on Wednesday

Wednesday's earnings call comes amid news of CEO Elon Musk's hostile takeover bid for Twitter.

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Procter & Gamble is about to report earnings. Here's what to expect

Consumer goods giant P&G may serve as a bellwether for investors as costs rise shoppers weigh higher price tags.

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IBM first-quarter results beat estimates

IBM sees growth in 2022 after the company spun off its managed-infrastructure services unit.

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Netflix reports earnings after the bell — here's what to expect

All eyes are on Netflix's subscriber numbers after the company offered weak guidance of 2.5 million adds last quarter.

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J&J lowers 2022 revenue and earnings expectations, stops giving Covid vaccine sales guidance

When asked about halting guidance for J&J's Covid vaccine, CFO Joe Wolk said the shots are not for profit and do not impact the company's bottom line.

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Bank of America profit tops estimates as lender releases reserves for soured loans

Bank of America is supposed to be one of the big beneficiaries of rising interest rates — but will that be enough to offset declines in investment banking?

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Morgan Stanley earnings top estimates fueled by trading revenue gains

Morgan Stanley saw stronger-than-expected revenue from equity and fixed income trading amid volatile markets.

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Wells Fargo shares fall as quarterly revenue misses estimates on weaker-than-expected mortgage lending

Wells Fargo on Thursday reported lower-than-expected first-quarter revenue amid a drop in mortgage lending.

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Citigroup tops earnings estimates on better-than-expected trading revenue

Citigroup topped first-quarter profit and revenue estimates helped by better-than-expected trading results.

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Goldman Sachs tops analyst estimates as trading desks crush expectations amid surging volatility

How will Goldman Sachs navigate trickier, more volatile markets?

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Rent the Runway CEO sees inflation as a competitive advantage for the company

On Wednesday, the fashion rental platform reported fiscal fourth-quarter revenue ahead of analysts' estimates along with a narrower-than-expected loss.

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Bed Bath & Beyond posts disappointing results after low inventory hurt business in the holiday quarter

Bed Bath & Beyond is in the middle of a turnaround effort and has been under pressure from an activist investor.

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Delta forecasts a quarterly profit as travelers keep flying despite higher fares, helping offset surging fuel costs

Delta said it expects a pretax profit in the second quarter and that it will restore capacity to 84% of 2019 levels.

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JPMorgan Chase earnings are out – Here are the numbers

JPMorgan, the biggest U.S. bank by assets, will be watched closely for clues to how Wall Street fared during a tumultuous first quarter.

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Levi Strauss earnings top estimates as shoppers buy at higher prices, denim retailer reaffirms 2022 outlook

Levi Strauss sold more of its jeans and T-shirts at higher price points, often directly to consumers.

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Walgreens beats earnings expectations after omicron-fueled demand for tests and boosters lifted sales

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Huawei posts first-ever yearly revenue decline as U.S. sanctions continue to bite, but profit surges

Huawei's business has been hurt by U.S. sanctions, which have sought to cut it off from key software and components like semiconductors.

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Huawei posts first-ever yearly revenue decline as U.S. sanctions continue to bite, but profit surges

Huawei's business has been hurt by U.S. sanctions, which have sought to cut it off from key software and components like semiconductors.

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Olive Garden parent's earnings miss estimates, company lowers fiscal 2022 outlook

Darden Restaurants, which owns Olive Garden, reported quarterly earnings and revenue that missed analysts' expectations.

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Tencent quarterly profit surges 60% despite slowest revenue growth on record

Tencent reported its slowest quarterly revenue growth on record in the fourth quarter of 2021.

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Nike shares rise as earnings top estimates on strong North America demand

Nike reported earnings and sales that topped analysts' estimates, thanks to robust demand in North America as consumers headed back to stores.

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Saudi Aramco's full-year profit more than doubles on soaring oil prices

Saudi Arabian oil giant Aramco reported blowout full-year earnings on Sunday, posting a more than doubling in year-on-year net profit to $110 billion.

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GameStop shares fall as retailer reports loss during holiday quarter

GameStop has gotten attention from investors due to the meme stock frenzy.

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Warby Parker shares sink as eyewear retailer reports continued losses, offers weak outlook

Warby Parker said sales were hurt in the final weeks of December, which coincided with typical peak demand in the optical industry.

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Oracle stock drops as investments drag down profit

Investments in a gene-sequencing company and a server chip maker cut into Oracle's earnings, which came in below expectations.

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Stitch Fix shares plummet after company cuts guidance for the year

Stitch Fix offered a weak outlook for its fiscal third quarter and slashed its forecast for the full year.

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Dick's Sporting Goods expects more profit momentum after solid holiday quarter

CEO Lauren Hobart said the company's 2022 outlook establishes a new foundation for the Dick's to build upon in the future.

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Lego revenue jumped 27% in 2021, as kids and adults continue to build

Sales of Lego continued to soar in 2021, as kids and adults stayed home to build "Star Wars" and "Harry Potter" models long after the coronavirus lockdown ended.

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Gap shares rise after retailer issues strong earnings guidance, despite weak revenue outlook

Gap Inc. shares climbed after the apparel retailer offered an upbeat forecast for its profits in 2022, in spite of rising inflation and logistics challenges.

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Sweetgreen stock soars after posting impressive sales growth in its first quarterly report since IPO

After a strong debut on the public markets in mid-November, the stock has struggled as investors question the company's lack of profitability.

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Best Buy's holiday-quarter sales miss expectations due to supply chain challenges and omicron

The consumer electronics retailer, which has been a pandemic beneficiary, gave a weaker-than-expected outlook for the coming year.

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Victoria's Secret refers to Ukraine war and inflation as it offers dismal first-quarter outlook

Victoria's Secret appeared to reference Russia's attack on Ukraine as it issued a weak outlook for its first quarter.

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Snowflake plunges almost 30% on slowing revenue growth

Snowflake shares dropped after the company's earnings report.

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Salesforce reports better-than-expected earnings and revenue, issues upbeat guidance

Salesforce beat on the top and bottom lines in its fiscal fourth-quarter earnings report.

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Nordstrom stock spikes 35% as retailer makes key strides in its off-price Rack business, issues strong guidance

Nordstrom reported better-than-expected profits and sales for the holiday quarter, prompting the retailer to offer an optimistic outlook for the coming year.

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First Solar sinks after revenue miss, disappointing guidance

The solar-panel manufacturer has faced rising raw material costs and supply chain bottlenecks.

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GoodRx shares plunge 39% after revenue miss, weak forecast

Discount drug prescription site GoodRx plunged 39% after the company missed estimates on revenue and gave a weak forecast.

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Domino's shares slide as company announces CEO retirement, weak fourth-quarter results

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Kohl's reports light sales for the holiday quarter, issues upbeat guidance

CEO Michelle Gass said Kohl's achieved an operating margin of 8.6% two years ahead of schedule.

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Target shares surge as retailer says it can keep growth going beyond the pandemic

The discounter will also hold an in-person investor day Tuesday in New York City.

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EV start-up Lucid slashes 2022 vehicle production forecast, causing shares to plummet

The company cited supply chain constraints for slashing production expectations to between 12,000 and 14,000 vehicles, down from 20,000 units.

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Zoom provides disappointing revenue forecast for first quarter and full year

Zoom's revenue growth is continuing to slow after its business surged during the first year of the Covid-19 pandemic.

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Berkshire's operating earnings surge as Buffett repurchases record $27 billion in stock during 2021

Berkshire used $6.9 billion to buy back shares in the fourth quarter, bringing the total in share repurchases to a record $27 billion for 2021.

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Warren Buffett in annual letter calls Apple one of 'Four Giants' driving the conglomerate's value

In his annual letter to Berkshire shareholders on Saturday, Buffett called Tim Cook's Apple his "runner-up Giant" next to the cluster of insurers.

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Read Warren Buffett’s annual letter to Berkshire Hathaway shareholders

Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday.

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Foot Locker shares sink after retailer says 2022 sales will fall as it expects to sell fewer Nike products

Foot Locker shares are tumbling after the retailer forecast revenue to drop in 2022.

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Beyond Meat shares tumble after reporting wider-than-expected loss, shrinking revenue

Beyond Meat's stock tumbled after the company reported a wider-than-expected loss for its fourth quarter.

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Zscaler tumbles after issuing light earnings forecast

Zscaler showed the fastest revenue growth in three years as its stock initially moved higher thanks to conflict-related buying activity on Thursday.

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Etsy shares soar after earnings beat

Etsy on Thursday reported fourth quarter results that beat on both the top and bottom line.

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Coinbase posts big revenue beat but expects trading volume to fall in Q1

Coinbase's earnings come after major cryptocurrencies saw a weak month in December despite an overall explosion in value in 2021.

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Alibaba falls 8% after it reports slowest ever revenue growth and misses expectations

Alibaba reported its slowest quarterly revenue growth in the December quarter since going public in 2014.

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Moderna expects at least $19 billion in Covid vaccine sales in 2022, reports big fourth-quarter earnings beat

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EBay stock sinks after the company gives disappointing guidance

EBay gave first-quarter earnings and revenue guidance that fell short of Wall Street's expectations.

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Allbirds shares fall as sneaker retailer reports widening losses, despite 23% jump in sales

Allbirds shares tumbled, despite the sneaker retailer reporting sales that outpaced analysts' estimates and offering an upbeat full-year outlook.

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Lowe's raises its earnings forecast as a tight housing market, older homes fuel projects

Lowe's raised its forecast for the full year and surpassed Wall Street's earnings estimates for the fiscal fourth quarter.

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Barclays full-year net profit quadruples as corporate and investment bank booms

Barclays on Wednesday reported a full-year net profit of £6.38 billion ($8.67 billion) for 2021, ahead of analyst expectations of £5.75 billion.

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Krispy Kreme reports first quarterly profit since going public, fueled by strong holiday sales

Krispy Kreme reported its first quarterly profit since going public again but fell short of Wall Street's expectations for its earnings.

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Macy's earnings top estimates, retailer says it won't spin off e-commerce from stores

The department store chain is rejecting calls from activist firm Jana Partners for it to split its e-commerce operations from its stores.

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Home Depot beats estimates, retailer says it sees sales growth ahead for 2022

The home improvement retailer is gearing up for spring and trying to prove to investors it can keep momentum going.

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Beam Suntory CEO says 2021 sales rose 11%, as shift to high-end spirits pays off

Beam Suntory's shift toward high-end spirits is paying off, driving sales up 11% in 2021 and allowing the company to raise prices to fight inflation.

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DraftKings shares fall 20% on 2022 outlook

DraftKings reported an adjusted EBITDA loss for 2022 that was much higher than analysts had anticipated.

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Luxury goods group Kering confident Gucci sales growth will continue after bumper 2021 revenues

Kering CEO Francois-Henri Pinault told CNBC he's confident Gucci will continue to deliver growth for the company this year, following record revenues in 2021.

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Roku drops sharply on disappointing revenue and guidance

Roku's revenue growth is slowing down after the pandemic brought more business from advertising and streaming device sales.

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Palantir shares drop more than 13% after earnings

The company beat revenue estimates but missed earnings expectations for the fourth quarter.

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Walmart is set to report earnings before the bell

The retailer will report its holiday quarter and act as a bellwether of inflation.

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DoorDash stock pops 30% on revenue beat, strong order numbers

The food delivery company reported better-than-expected revenue for the fourth quarter, as well as total orders that topped analysts' expectations.

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Nvidia provides strong revenue outlook on demand for computer chips

Nvidia reported fourth-quarter earnings on Wednesday.

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Cisco rises on sunny outlook for the rest of its fiscal year

Cisco topped estimates in its largest segments, but the company's Hybrid Work segment that includes Webex came in lower than expected as revenue declined 9%.

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Shares of metaverse company Roblox plummet after missing fourth quarter expectations

Roblox missed Wall Street expectations on both the top and bottom lines in the fourth quarter.

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Airbnb beats on earnings and gives strong guidance

Airbnb beat Wall Street estimates on earnings and revenue in its fourth quarter, as the travel company continued to rebound from the Covid-19 pandemic.

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Burger King parent's earnings top estimates, fueled by digital sales growth

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China's biggest chipmaker SMIC posts record revenue despite U.S. sanctions

SMIC, China's largest chipmaker, is seen as a key player in Beijing's ambitions to become more self-sufficient in the semiconductor industry.

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Under Armour earnings top estimates, but shares fall as supply chain issues hurt growth

Under Armour shares are falling despite the retailer reporting fiscal fourth-quarter earnings and sales ahead of analysts' estimates.

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Affirm shares plummet 21% after company releases financial results early

Affirm is one of several hot "buy now, pay later" companies, which offer short-term and low-interest loans to users when they buy consumer goods online.

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Zillow soars on upbeat outlook and faster-than-expected selloff of homes in portfolio

Zillow said on Thursday in its fourth-quarter earnings report that its winding down its home-flipping business at a rapid clip.

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Credit Suisse ends tumultuous year with big loss as litigation costs bite

Credit Suisse said it took "major litigation provisions" of 1.1 billion Swiss francs in 2021.

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Societe Generale beats expectations to post its best annual performance ever

Societe Generale CEO said 2021 "marks a milestone" for the bank.

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Oil major TotalEnergies swings to profit thanks to surging commodity prices

The oil and gas giant said full-year 2021 net profit came in at $18.1 billion. That compared with a profit of $4.1 billion the previous year.

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Uber beats on revenue, says core business is bouncing back after omicron surge

Uber beat analyst estimates on revenue for the quarter and said it's starting to bounce back from headwinds caused by the omicron coronavirus surge.

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Twilio spikes after major revenue beat and bold quarterly guidance

The cloud communications software company announced almost 10% more revenue than analysts had expected for the fourth quarter.

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Disney set to report earnings after the bell

Disney is set to report earnings for its fiscal first quarter of 2022 after the bell on Wednesday.

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Taco Bell parent Yum Brands misses earnings estimates as higher costs weigh on profits

Taco Bell, KFC and Pizza Hut all saw company restaurant margins shrink during the quarter.

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CVS fourth-quarter earnings top expectations as Covid vaccines lift overall store sales

CVS Health said demand for Covid vaccines and at-home tests lifted overall store sales, helping the company top expectations for fourth-quarter earnings.

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Adyen shares surge 11% after Dutch payments giant smashes earnings expectations

Dutch payments processor Adyen reported a 51% jump in core earnings in the first half of 2021, topping expectations and sending its stock price sharply higher.

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Lyft posts revenue beat but falls short on riders

Lyft reported 18.73 million active riders in the last quarter of 2021.

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Enphase Energy jumps after company posts record revenue, gives upbeat guidance

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Chipotle Mexican Grill is about to report earnings. Here's what to expect

Shares of Chipotle have fallen 3% over the last 12 months, giving the company a market value of $40.9 billion.

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Peloton slashes its full-year revenue outlook as company overhauls C-suite, cuts 2,800 jobs

Peloton on Tuesday slashed its financial outlook for the full year as the company announced CEO John Foley will be stepping down.

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Oil giant BP reports highest profit in 8 years on soaring commodity prices

BP's results come at a time when millions of U.K. households are facing a record-breaking increase in their energy bills amid a cost of living crisis.

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BNP Paribas earnings beat expectations with 'strong momentum' in domestic markets

"We followed the buoyant economy," CFO Lars Machenil told CNBC as the results were published.

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Amazon shares soar on cloud revenue beat and huge profit gain from Rivan stake

Amazon on Thursday reported a big beat on the top line in its fourth quarter results, driven by a gain on its stake in electric vehicle company Rivian.

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Ford is set to report results after the bell. Here's what Wall Street expects

Wall Street analysts estimate Ford will post a profit of 45 cents per share in adjusted earnings and $35.5 billion in revenue.

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Oil major Shell reports sharp upswing in full-year profit, raises dividend and buybacks

Shell announced an $8.5 billion share buyback program in the first half of 2022 and expects to raise its dividend by 4% to $0.25 per share in the first quarter.

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Qualcomm beats expectations for revenue and earnings, sales up 30%

Qualcomm said it expected between $10.2 billion and $11 billion in sales in the upcoming quarter, ahead of analyst estimates of $9.6 billion.

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Spotify stock plunges on middling user growth projections

In Q1 2022, Spotify expects to report 418 million monthly active users. Analysts anticipated guidance of 417.8 million, according to StreetAccount.

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Facebook set to report fourth-quarter earnings after the bell

Facebook became Meta late last year and is now reporting results for the first time under the new name, which is a nod to its push into the metaverse.

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Starbucks earnings miss as higher costs weigh on profits, coffee chain cuts earnings outlook

Starbucks reported adjusted earnings per share of 72 cents and revenue of $8.1 billion.

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PayPal stock plunges on weak earnings guidance

PayPal reported mixed Q4 2021 earnings Tuesday and provided guidance for the next quarter that fell short of analyst estimates.

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General Motors is set to report earnings after the bell. Here's what Wall Street expects

GM reported an adjusted pretax profit of $3.7 billion in the fourth quarter of 2020. Revenue was $37.5 billion during that quarter.

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What investors should know ahead of GM's fourth-quarter earnings

GM is expected to report a relatively positive fourth-quarter profit after the markets close Tuesday, capping off an unprecedented year of supply chain issues.

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Exxon Mobil's fourth-quarter profit tops estimates as oil and gas prices soar; shares rise

Exxon Mobil's revenue jumped more than 80% year over year during the fourth quarter amid a rebound in oil and gas prices, the company said Tuesday.

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UBS posts fall in quarterly profit to $1.35 billion, sets ambitious new targets

UBS has reported a fall in quarterly profit, but beat analyst expectations and set ambitious new profitability targets as part of a strategic update.

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Chevron shares retreat from a record after fourth-quarter profit falls short of expectations

Chevron earned $2.56 per share excluding items during the fourth quarter, while analysts had been expecting $3.12 per share.

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Atlassian jumps as quarterly results top estimates and company raises guidance for 2022 subscriptions

Atlassian raised its subscription growth forecast for the fiscal year as it plans to raise prices. The company also acquired start-up Percept.ai.

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Robinhood shares tank 15% after it loses users, forecasts weak revenue

The newly public brokerage anticipates first-quarter revenue of less than $340 million, down 35% compared to 2021.

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Apple reports first-quarter earnings after the bell

Investors will look for how well Apple managed its supply chain during a worldwide shortage of parts needed to build electronics.

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Southwest Airlines says omicron will drive a first-quarter loss but expects 2022 profits

Southwest Airlines said it will post losses in January and February but return to profitability by March.

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Comcast beats earnings expectations, but falls short on new internet customers

Comcast Cable's CEO during an event last month predicted a full-year number that fell below estimates.

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McDonald's earnings miss estimates as rising costs weigh on profits

It marks the fourth earnings miss for the company in eight quarters.

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Deutsche Bank posts a surprise profit on strong investment bank performance

DB's investment bank saw quarterly revenues climb, defying market expectations for a slowdown in the division.

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Beaten-down cloud software stocks get boost as ServiceNow and Qualtrics top estimates

An index of cloud software stocks is down 38% from its high in November, but two key members gave a reason for optimism on Wednesday.

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Intel reports better-than-expected results and delivers upbeat guidance

Intel said it expected $18.3 billion in adjusted sales in the first quarter of 2022, beating consensus analyst expectations of $17.62 billion. 

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Tesla reports fourth-quarter earnings after the bell

Tesla's Q4 2021 earnings report comes in the midst of the most important tech earnings season in years.

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Boeing takes $3.5 billion charge on 787 Dreamliner but generates positive cash flow for first time since 2019

Deliveries of Boeing's 787 Dreamliner plane have been paused for most of the last 15 months.

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Microsoft set to report earnings after the close

Analysts are looking for a slowdown in Microsoft's growth rate as it faces supply shortages that might cut into sales of Windows licenses and Xbox consoles.

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J&J expects more than $3 billion in Covid vaccine sales this year in mixed quarterly report

J&J's revenue of $24.8 billion rose 10.8%, mostly driven by $1.82 billion in international sales of its Covid vaccine.

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IBM shares jump after company reports 6% revenue growth in fourth quarter

IBM's revenue growth accelerated, and the company's net income jumped in the quarter after the spinout of a major part of its business.

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Netflix set to report fourth-quarter earnings after the bell

Netflix reports fourth-quarter earnings after the bell on Thursday.

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American Airlines posts slightly higher revenue, narrower loss than expected

Delta and United previously warned that the omicron spread would delay a rebound in travel.

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United warns omicron will delay travel recovery, drive up costs

The Chicago-based airline said it expects first-quarter revenue to be 20% to 25% below the same period in 2019 when it generated $9.59 billion.

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P&G earnings top estimates as price hikes offset rising costs, company raises 2022 sales forecast

Shares of P&G have climbed 18% in the last 12 months, giving the company a market value of $387 billion.

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Morgan Stanley is set to report fourth-quarter earnings — here’s what the Street expects

How will Morgan Stanley navigate the next phase in markets?

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

How well did Bank of America navigate the jump in employee expenses that has stung rivals?

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Goldman shares drop 8% after earnings miss on surging expenses, equities trading slowdown

Amid rising rates and slowing markets, how will CEO David Solomon navigate the next phase?

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Wells Fargo shares rise 2% as fourth-quarter revenue tops estimate

The fourth biggest U.S. bank by assets posted quarterly revenue that exceeded analysts' expectations.

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Citigroup is set to report fourth-quarter earnings – here’s what the Street expects

Citigroup is set to report its fourth-quarter results later on Friday.

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JPMorgan Chase earnings are out – Here are the numbers

Analysts have pointed to a lending rebound in the fourth quarter, driven by demand from corporations and credit card borrowers.

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Delta expects omicron will drive quarterly loss but forecasts 2022 profit on travel rebound

Delta expects travel to recover this spring after cases of the omicron variant peak.

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Omicron disrupts transit, emergency services as workers call out sick: 'Most people are going to get Covid'

"It's hard to process what's actually happening right now, which is most people are going to get Covid," acting FDA Commissioner Janet Woodcock said.

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Apple chipmaker TSMC notches another quarterly sales record on strong demand

TSMC, which makes chips for companies like Apple, reported a sixth straight quarter of record sales as demand for its products rose amid a supply crunch.

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Bed Bath & Beyond's supply chain issues hammered results. Its stock is up anyway

Bed Bath & Beyond CEO Mark Tritton said a lack of inventory due to supply chain bottlenecks cost Bed Bath & Beyond about $100 million.

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Walgreens shares rise after its earnings get lift from Covid vaccines and testing, raises forecast

Walgreens said it administered 15.6 million Covid vaccines in the latest quarter — bringing its total to more than 56 million to date.

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