3 years 5 months ago
Facebook parent Meta reported revenue for the first quarter that topped estimates and issued a forecast for the second quarter that also exceeded expectations.
3 years 5 months ago
The charge resulted in a year-over-year decline in first-quarter profits, the rail company said.
3 years 5 months ago
Boeing said Wednesday it will increase output of 737 Max planes to 38 a month later this year, up from 31 a month.
3 years 5 months ago
Microsoft's Azure cloud revenue topped analysts' estimates, and the company indicated it would keep investing in artificial intelligence.
3 years 5 months ago
In beating estimates, Google broke a string of four straight quarters in which it fell shy of analysts' expectations.
3 years 5 months ago
Shares of Chipotle jumped after the company's earnings and revenue beat Wall Street's expectations.
3 years 5 months ago
The plans aim to reduce Illumina's annualized run rate expenses by more than $100 million starting later this year.
3 years 5 months ago
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.
3 years 5 months ago
UPS reported first-quarter misses on both earnings and revenue amid contentious contract negotiations and deceleration in U.S. sales.
3 years 5 months ago
Shares of McDonald's have risen 11% this year, giving it a market value of $214 billion.
3 years 5 months ago
PepsiCo said its strong first quarter prompted it to raise its outlook for the year.
3 years 5 months ago
General Motors on Tuesday raised key guidance for 2023 after reporting first-quarter results that topped Wall Street's top- and bottom-line forecasts.
3 years 5 months ago
UBS reported $1.03 billion in net profit for the first quarter, down 52% year-on-year amid a legacy litigation matter.
3 years 5 months ago
Nestle raised prices by 8.2% in 2022, but CEO Mark Schneider had warned further rises were to come to defend its margins.
3 years 5 months ago
The deposit flight for the regional bank was worse than Wall Street expected.
3 years 5 months ago
Coke's stock has risen less than 1% in 2023, and the company has a market value of $277 billion.
3 years 5 months ago
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.
3 years 5 months ago
Procter & Gamble beat earnings expectations as higher prices helped offset lower demand for its products.
3 years 5 months ago
Tesla specified in a shareholder deck that "underutilization of new factories" stressed margins, contributing to the drop in earnings from last year.
3 years 5 months ago
Finnish telecoms giant Nokia on Thursday posted quarterly operating profit that fell short of market expectations.
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