Netflix profit beats expectations, ad-tier subscriptions rise
Netflix reported earnings after the bell. Here are the results.
CNBC Earnings
Citigroup reports better-than-expected revenue for the third quarter
Friday's report is the first major update since Citigroup announced a new corporate structure in September.
Wells Fargo shares rise after third-quarter results top Wall Street expectations
Wells Fargo surpassed Wall Street expectations for third-quarter earnings and revenue as the benefit from higher interest rates offset declining loan balances.
JPMorgan Chase tops profit expectations on higher rates, benign credit
CEO Jamie Dimon acknowledged the bank was "over-earning" on net interest income and "below normal" credit costs that will both normalize over time.
Walgreens stock rises as cost cuts make progress, even as profit outlook comes up short
Walgreens has now underperformed Wall Street's adjusted earnings expectations for two straight quarters.
American Airlines posts third-quarter loss and trims 2023 profit forecast
American Airlines posted a third-quarter loss on Thursday and trimmed its profit forecast for the year.
Tesla CEO Elon Musk sounds pessimistic note about economy on earnings call
During the company's earnings call, CEO Elon Musk said the company's focused on making its cars more affordable.
Adidas shares climb after boost from Yeezy sales, guidance raise
Adidas on Tuesday hiked its full-year guidance and posted stronger-than-expected third-quarter earnings, aided by sales of its Yeezy inventory.
Nokia to cut up to 14,000 jobs after 69% profit plunge
Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following third quarter earnings that plunged.
World's largest chipmaker TSMC sees biggest drop in profit in nearly five years
TSMC posted a third quarter profit of NT$211 billion – its largest profit decline since first quarter 2019 – as weak demand for consumer electronics persists.
Goldman Sachs tops estimates on stronger-than-expected bond trading
While Goldman Sachs has made efforts under CEO David Solomon to diversify its revenue stream, it is Wall Street that powers the company.
Delta Air Lines profit jumps almost 60% after strong summer
Delta came under fire from customers last month when it announced it would make it harder to earn elite frequent flyer status.
PepsiCo beats Wall Street estimates, raises earnings outlook
PepsiCo raised its full-year earnings outlook after beating Wall Street's estimates for third-quarter earnings and revenue.
Levi Strauss cuts full-year sales forecast again, as inflation takes a toll
The denim retailer said momentum at its own stores and website did not offset weaker wholesale trends in the U.S.
Constellation Brands beats on earnings as Modelo-fueled beer momentum continues
Revenue growth was driven by demand for its Modelo Especial and Modelo Chelada brands as well as Corona Extra.
Tilray Brands' revenue jumps, losses narrow as it pivots away from cannabis
Cannabis producer Tilray Brands Inc. reported first-quarter earnings that beat expectations as it expands its portfolio.
Nike misses on revenue for first time in two years, but stock pops as earnings, margins beat
Nike fell short of revenue expectations during its fiscal first quarter but beat on earnings and margins.
Costco tops quarterly earnings expectations, even as sales remain soft
Costco topped quarterly earnings and revenue expectations, even as sales trends at the membership club slowed.
Olive Garden parent Darden Restaurants beats earnings estimates, despite weak fine dining sales
Darden, the owner of Olive Garden, saw net sales rise more than 11% in the quarter.
Oracle comes up short on revenue but touts AI cloud contracts
Larry Ellison pointed to a doubling in the amount of money that artificial intelligence development companies have agreed to spend on Oracle cloud services
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