CNBC Earnings

Chinese video content and streaming company iQiyi CFO Wang Jun said he is "excited" about potential new business opportunities with the emergence of OpenAI's text-to-video tool Sora.

The world's biggest brewer saw annual revenue of $59.38 billion, up 7.8% but shy of analyst expectations.

Snowflake said CEO Frank Slootman is retiring and being replaced by Google's former ad head.

Salesforce said revenue growth will slow to 8.6% in the new fiscal year, but revenue guidance exceeds Wall Street's estimates.

Off-price giant TJX Companies, which runs TJ Maxx, Marshall's and Homegoods, saw sales rise 13% during its holiday quarter.

Paramount+ reached 67.5 million subscribers during the period, a net increase of 4.1 million, and recorded 69% revenue growth year over year.

Novavax narrowed its losses in the quarter compared to the same period a year ago, even as demand for Covid products continues to plummet worldwide. 

Rocket Lab is making steady progress on the development of its Neutron vehicle, as it aims to launch the rocket for the first time near the end of this year.

The Mediterranean chain topped Wall Street's estimates for both its earnings and revenue.

For the full year 2024, the company expects an adjusted profit of about $635 million, or $1.23 per share.

The 166-year-old department store operator got a new CEO earlier this month.

The home improvement retailer said demand has been hurt by slower housing turnover and a shift in consumer spending towards services instead of goods.

Unity shares sink more than 15% after missing first-quarter forecast.

Zoom's growth has moderated dramatically since the pandemic, and the company is projecting a revenue increase of less than 2% for the current fiscal year.

The Omaha-based conglomerate posted operating earnings of $8.481 billion in the quarter ending December.

There was particularly strong growth in Block's payment platform, Cash App, and its point-of-sale suite, Square.

Warner Bros. Discovery boosted free cash flow but the company fell short of analyst estimates for revenue and profit.

Net interest income was negative for the first time in its 67-year history, declining by 17.9 billion euros ($19.4 billion) year on year.

On Thursday, Grab posted its first-ever profitable quarter, raking in $11 million in profit.

Shares of electric vehicle makers Rivian and Lucid fell Thursday after the companies reported stagnant production in their fourth-quarter earnings.