CNBC Earnings

In China, Starbucks' second-largest market, transactions at cafes open at least 13 months plunged nearly 30%.

Ferrari guided to an even stronger year in 2023, boosted by its high-priced sports cars like the Daytona SP3 and the upcoming Purosangue SUV.

Apple's overall sales for the holiday quarter were about 5% lower than last year's, the first year-over-year sales decline since 2019.  

Amazon exceeded revenue expectations for the fourth quarter, but the stock price slipped on light sales guidance for the first quarter.

Google's core business is mired in a period of slow growth as businesses reel in ad spending.

The automotive industry's earnings and forecasts are being closely watched by Wall Street for any signs of weakening consumer demand.

Penn's sportsbook profit came in spite of a $10 million bet "Mattress Mack" won on the Houston Astros winning the World Series.

The extraordinary scale of the industry's earnings has renewed criticism and sparked calls for a Big Oil windfall profit tax.

Despite lofty net profit figures, Deutsche Bank shares slipped as analysts honed in on the uncertain macroeconomic outlook.

Facebook-parent Meta reported revenue for the fourth quarter that topped estimates and gave a forecast suggesting that sales could rise in the first quarter.

Peloton beat Wall Street's revenue expectations but saw a 52% drop in connected fitness sales during its holiday quarter.

Snap missed on revenue in its fourth-quarter earnings report and the company said revenue in the first quarter is likely to drop.

AMD reported earnings as many of its rival chipmakers have stumbled in recent weeks, citing lower consumer demand for finished electronics.

UPS posted revenue below analyst's estimates as it continues to navigate volume declines as demand cools.

The strong results and guidance come as the U.S. automotive industry is beginning to normalize after several years of record-low inventories.

The pharmaceutical company booked $100.3 billion for full-year 2022, an all-time high.

McDonald's is expecting that short-term inflation will continue in 2023.

UBS' fourth-quarter profit beat market expectations, but the Swiss banking giant warned of an "uncertain" year ahead.

Intel called for a loss in the first quarter, while analysts had expected income. The chipmaker is dealing with a sharper-than-expected PC market contraction.

Southwest expects a first-quarter loss because of current revenue and cost trends.