Cloudflare stock plunges more than 20% after revising guidance down

The company issued muted guidance for the full-year and upcoming quarters that sent shares down, despite posting a beat on the bottom line.

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Hasbro, Mattel shares rise as toymakers announce multiyear licensing agreement, increased IP focus

Hasbro, Mattel and other toy stocks rallied on Thursday after mixed earnings reports from the two rival toymakers.

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Intel reports largest quarterly loss in company history

The loss per share was slightly better than soft Wall Street expectations.

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Snap plunges on first-quarter revenue miss

Snap continues to suffer in a tough digital ad market with its first-quarter sales missing analyst projections.

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Amazon set to report first-quarter earnings after the bell

Amazon CEO Andy Jassy has been aggressively slashing costs through layoffs, a corporate hiring freeze and by ending some experimental projects.

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Eli Lilly misses on earnings but raises full-year guidance

The company reported adjusted earnings of $1.62, which missed analyst expectations of $1.73 for the quarter.

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Comcast beats estimates despite slowing broadband growth, higher Peacock losses

Comcast topped analyst expectations, despite a tough comparison to last year, when NBC aired both the Super Bowl and Beijing Olympics during the first quarter.

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Merck revenue falls after dramatic drop in sales of Covid antiviral treatment

Despite the drop in molnupiravir sales, Merck's revenue and adjusted earnings for Q1 2023 beat Wall Street's expectations.

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Norfolk Southern reports $387 million charge for the first quarter after East Palestine derailment

The charge resulted in a year-over-year decline in first-quarter profits, the rail company said.

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Meta set to report first-quarter earnings after the bell

Meta will report its first-quarter earnings on Wednesday as the company is in the midst of a wave of cost-cutting efforts.

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Boeing plans to boost 737 Max production to 38 planes per month despite manufacturing snag

Boeing said Wednesday it will increase output of 737 Max planes to 38 a month late this year, up from 31 a month.

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SK Hynix, one of the biggest memory chipmakers, reports record quarterly loss as prices slump

South Korean chipmaker SK Hynix has reported a record operating loss of 3.4 trillion won, but expects a rebound in the second half of the year.

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Illumina unveils plans to cut costs as it faces shrinking margins

The plans aim to reduce Illumina's annualized run rate expenses by more than $100 million starting later this year.

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

Chipotle hasn't provided an outlook for 2023 same-store sales growth, noting the possibility of a recession.

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UPS shares fall after delivery giant reports disappointing earnings

UPS reported first-quarter misses on both earnings and revenue amid contentious contract negotiations and deceleration in U.S. sales.

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Alphabet to issue first-quarter results after markets close

Google is trying to reignite growth after a tough year for online advertising in 2022.

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JetBlue posts quarterly loss but forecasts profit thanks to strong travel demand

JetBlue posted a loss for the first three months of the year but forecast a profit for the second quarter thanks to strong travel demand.

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KitKat and Nescafe owner Nestle says it's raised prices by nearly 10% so far this year

Nestle raised prices by 8.2% in 2022, but CEO Mark Schneider had warned further rises were to come to defend its margins.

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First Republic says deposits tumbled 40% to $104.5 billion in 1Q, but have stabilized since

The deposit flight for the regional bank was worse than Wall Street expected.

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

Coke's stock has risen less than 1% in 2023, and the company has a market value of $277 billion.

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Credit Suisse logged asset outflows of more than $68 billion during first-quarter collapse

The stricken Swiss lender posted a one-off 12.43 billion Swiss franc profit for the first quarter of 2023, due to the controversial write-off of 15 billion Swiss francs of AT1 bonds by the Swiss regulator as part of its emergency takeover by domestic rival UBS.

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Procter & Gamble beats earnings estimates, raises revenue forecast as prices rise

Procter & Gamble beat earnings expectations as higher prices helped offset lower demand for its products.

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Nokia shares slide after it misses quarterly profit estimates

Finnish telecoms giant Nokia on Thursday posted quarterly operating profit that fell short of market expectations.

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Abbott Labs shares pop as revenue, earnings defy steep drop in Covid test sales

Abbott Laboratories said Covid-related headwinds may actually be easing.

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IBM earnings top estimates as margins expand

IBM missed on revenue, but reduced expenses contributed to better-than-expected profit

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Tesla set to report first-quarter earnings after the bell

Heading into first-quarter earnings, Tesla shares have rebounded this year after a dismal 2022

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Morgan Stanley tops analysts’ expectations on better-than-expected trading results

Morgan Stanley gets most of its revenue from wealth and investment management, steadier businesses that helped offset volatile trading and advisory results.

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United Airlines posts net loss but forecasts profit for second quarter

United reported a loss for the first three months of the year but forecast a profit for the second quarter, when the peak summer travel season picks up.

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

Netflix reports first-quarter earnings after the bell on Tuesday, as investors await updates about its new ad-supported tier and password-sharing crackdown.

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Johnson & Johnson beats on earnings and revenue, raises full-year guidance

J&J, whose financial results are considered a bellwether for many health companies, said its first-quarter sales grew 5.6% over the same quarter last year. 

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

So far this earnings season, big banks have mostly outperformed their smaller peers, helped by an influx of deposits after Silicon Valley Bank's meltdown.

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Citigroup shares rise after first-quarter revenue tops expectations

Growth in personal banking and fixed income markets helped drive the revenue beat.

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Wells Fargo shares rise after bank's first quarter profit and revenue top the Street

Wells Fargo increased net income by more than 30% to nearly $5 billion in the first quarter, compared to a year ago.

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

The biggest U.S. bank by assets will be watched closely for clues on how the industry fared after the collapse of Silicon Valley Bank and Signature Bank.

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Delta Air Lines posts quarterly loss but forecasts profit as peak travel season approaches

Delta forecast revenue growth and adjusted profit for the second quarter that were ahead of analysts' estimates.

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Rent the Runway's losses narrow as company edges closer to profitability

Rent the Runway is edging closer to profitability after cutting costs and changing its subscription model to improve its value proposition.

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Tesla reports 422,875 deliveries for first quarter of 2023

Tesla just posted its first-quarter vehicle production and deliveries report for 2023.

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