CNBC Earnings

General Electric reported a steep decline in first-quarter revenue as the industrial giant took a hit amid the coronavirus pandemic.

The company said the hit to demand for diagnostic testing was "marginally offset by an increase in demand for COVID-19 tests."

CFO Ruth Porat said there was an "abrupt" drop-off in ad revenues in March but Alphabet has yet to see "further deterioration."

Yum Brands on Wednesday reported that its first-quarter same-store sales fell 7%.

Anthem beat quarterly estimates for revenue on Wednesday, helped by the launch of pharmacy benefits business IngenioRx, and as more people opted for its health plans.

Spotify Technology reported a 22% jump in first-quarter revenue on Wednesday as the music streaming company beat analysts' expectations to reach 130 million paid subscribers for its premium service.

Hasbro reported its first-quarter earnings Wednesday, telling investors that it has a solid financial footing and is cutting costs as it prepares to meet the seasonal demand that comes in the second half of the year.

U.S. health insurer Humana reported a 17.6% rise in first-quarter revenue on Wednesday as it benefited from strong demand for its government-backed Medicare plans.

Starbucks warned that its fiscal third-quarter results will take an even bigger hit from the pandemic, even as sales in China begin to recover.

Alphabet's revenue growth slowed as coronavirus impacted business in the first quarter.

Southwest doesn't expect paltry travel demand to improve in the near term.

Caterpillar experienced a sales drop of 21% in the first quarter as the coronavirus pandemic disrupted demand in the construction and mining sectors.

3M said it saw "strong" numbers in its personal safety unit given its role in the production of N95 masks thanks to the Covid-19 outbreak.

PepsiCo on Tuesday reported its first-quarter adjusted earnings rose 10%, but the company pulled its fiscal 2020 outlook.

Merck on Tuesday posted a 10.4% rise in first-quarter profit, helped by strong sales of cancer therapy Keytruda, but the drugmaker lowered its 2020 profit forecast due to uncertainty from the Covid-19 pandemic.

It estimates it can potentially produce "millions" of coronavirus vaccine doses by the end of this year and "hundreds of millions of doses" in 2021 if the vaccine is successful.

Credit card issuer American Express posted a 76% drop in first-quarter profit on Friday, as it set aside $2.6 billion to cover potential losses stemming from the coronavirus outbreak.

Intel saw strong revenue increases in its biggest categories even as the coronavirus set in.

IBM, under new CEO Arvind Krishna, sees revenue decline as the coronavirus impacted the company's business.

Domino's Pizza withdrew its two- to three-year outlook, citing the uncertainty surrounding the economy and Domino's operations due to the coronavirus pandemic.