Tuesday, 31 January 2023

AMD beats on sales and profit but warns of a 10% revenue decline in Q1

AMD reported earnings as many of its rival chipmakers have stumbled in recent weeks, citing lower consumer demand for finished electronics.

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Snap shares plunge on weak revenue as digital ad struggles continue

Snap missed on revenue in its fourth-quarter earnings report and the company said revenue in the first quarter is likely to drop.

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Spotify shares pop after earnings show strong user growth

Spotify reported fourth-quarter earnings. The company reported 205 million paid subscribers, up 14% from a year ago.

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Pfizer expects 2023 sales to decline by as much as 33% compared with record-breaking 2022

The pharmaceutical company booked $100.3 billion for full-year 2022, an all-time high.

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UPS revenue falls short of expectations despite growth in U.S. business

UPS posted revenue below analyst's estimates as it continues to navigate volume declines as demand cools.

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UBS gets a boost from higher rates, but lower client activity brings down revenues

UBS' fourth-quarter profit beat market expectations, but the Swiss banking giant warned of an "uncertain" year ahead.

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Monday, 30 January 2023

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 of weakening consumer demand.

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Thursday, 26 January 2023

Intel shares drop on weak quarterly results and expectations for another quarter of losses

Intel called for a loss in the first quarter, while analysts had expected income. The chipmaker is dealing with a sharper-than-expected PC market contraction.

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Southwest forecasts lingering losses as bookings slow in wake of holiday meltdown

Southwest expects a first-quarter loss because of current revenue and cost trends.

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Comcast beats expectations even as broadband growth slows, Peacock racks up losses

Comcast reported fourth quarter earnings before the bell, beating analyst expectations.

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AT&T shares jump as subscriber growth tops analyst expectations

CEO John Stankey dismissed the idea that the phone carrier industry is in a pricing war.

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Wednesday, 25 January 2023

Levi Strauss beats estimates, offers upbeat guidance for fiscal year

Levi Strauss sales fell, but still topped Wall Street's expectations. The company also offered positive revenue guidance.

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Tesla reports earnings after the bell Wednesday

Tesla is contending with recent price cuts and deliveries that missed expectations.

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Boeing posts quarterly loss as labor and supply strains overshadow increase in jet demand

Boeing's orders and deliveries rose last year as travel rebounded.

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Semiconductor giant ASML sees 2023 sales surge; says China revenue to be steady despite U.S. chip restrictions

Dutch chip equipment maker ASML forecast a 25% jump in 2023 revenue as the semiconductor industry forecasts a recovery in the second half of this year.

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Tuesday, 24 January 2023

Microsoft set to report earnings after market close

Microsoft is reporting results for the first time since announcing that it was cutting 10,000 jobs as it braces for slowing growth.

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Thursday, 19 January 2023

Netflix blows away expectations on subscriber numbers

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

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Procter & Gamble revenue and profit fall as higher prices fail to offset declining sales

Procter & Gamble reported mixed quarterly results Thursday, matching Wall Streets expectations on earnings but slightly topping them on revenue.

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Tuesday, 17 January 2023

United results top estimates as demand remains resilient despite high fares

United Airlines' fourth-quarter profit topped Wall Street estimates thanks to strong demand and high fares.

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Morgan Stanley's earnings top Wall Street expectations, helped by record wealth management revenue

Morgan Stanley reported fourth-quarter earnings before the opening bell on Tuesday.

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

How long will the investment banking drought last? That's one of the top questions analysts will have for Goldman CEO David Solomon.

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Friday, 13 January 2023

Citigroup's fourth-quarter profit declines by 21% as bank sets aside more money for credit losses

Citigroup reported fourth-quarter earnings on Friday. Here's how they did.

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Wells Fargo shares fall as bank's profits take a hit from higher reserves

The disappointing earnings report came after Wells Fargo said earlier this week that it would retrench from the U.S. mortgage market.

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

JPMorgan, the biggest U.S. bank by assets, will be closely watched for clues on how the industry is navigating an economy at a crossroads.

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Thursday, 12 January 2023

American Airlines hikes quarterly revenue, profit estimates after strong fourth quarter

Strong demand and high fares lifted American Airlines' fourth-quarter revenue.

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Tuesday, 10 January 2023

Bed Bath & Beyond reports wider-than-expected loss as possible bankruptcy looms

Days after Bed Bath warned of potential bankruptcy, it reported negative operating cash flow for the third quarter and ballooning net losses.

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Friday, 6 January 2023

Constellation Brands' shares tumble as higher costs hit beer supply chain

Constellation Brands' shares tumble as cost increases plague beer supply chain

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Thursday, 5 January 2023

Walgreens tops estimates as early flu season helps drive sales

Walgreens Boots Alliance reported fiscal first-quarter earnings before the bell Tuesday.

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Tuesday, 3 January 2023

Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year

Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year

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