Pfizer quarterly sales surge to record high, driven by Covid vaccine and antiviral treatment Paxlovid
The pharmaceutical company booked net income of $9.9 billion, a 78% increase over the same period during 2021.
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Barclays posts profit slump after hit from costly trading error in the U.S.
Barclays took charges of £1.9 billion for the first half, including £1.3 billion related to its trading blunder in the U.S.
Qualcomm sales rise 37% despite 'challenging macroeconomic environment'
Qualcomm reported third-quarter earnings after the bell on Wednesday.
Ford beats expectations and raises dividend as company sells more of its top models
Ford reported second-quarter results that beat Wall Street's estimates for revenue and profit.
Etsy shares pop as company beats on top and bottom lines
Etsy shares jumped more than 15% in after-hours trading on Wednesday after the company's second quarter earnings beat on top and bottom lines.
Boeing sticks to 2022 cash flow forecast, prepares for Dreamliner deliveries to resume
Boeing and Airbus has benefitted from a rebound in travel but supply chain and labor constraints are hindering output.
Credit Suisse names Ulrich Koerner as CEO, launches strategic review as losses deepen
The embattled Swiss bank posted a net loss of 1.593 billion Swiss francs ($1.66 billion), far below consensus expectations among analysts for a 398.16 million Swiss franc loss.
Deutsche Bank beats expectations to post eighth straight quarter of profit
Deutsche Bank beat market expectations to post an eighth straight quarter of profit on Wednesday, recording a second-quarter net income of 1.046 billion euros ($1.06 billion).
Enphase sees strong solar growth in Europe as natural gas prices soar
Europe's energy crisis is prompting consumers to go solar, which is lifting Enphase's operations.
Microsoft misses estimates but stock up 5% on rosy guidance
Microsoft said it would have had more revenue in the quarter were it not for unfavorable foreign-exchange rates and tougher PC and advertising markets.
YouTube has 'obvious math' problem as growth slows dramatically from pandemic highs
Alphabet executives blamed tough comparisons and economic challenges for YouTube's slowing growth rate.
Alphabet misses on earnings and revenue for second quarter
Alphabet reported earnings after the bell. Here are the results.
Chipotle price hikes drive profit growth – and the chain says more increases are coming
Chipotle shares have fallen 25% this year, dragging its market value down to $37.16 billion.
Shares of UPS fall after company says higher rates offset lower-than-expected volumes in second quarter
United Parcel Service posted better-than-expected quarterly revenue and earnings despite volumes falling short of expectations.
3M will spin off its health-care business into a new public company
3M announced Tuesday that it will spin off its health-care business into a separate publicly traded company.
General Motors falls short of Wall Street expectations as supply chain challenges dent profit
GM reported second-quarter earnings that missed Wall Street's estimates after the company was unable to ship nearly 100,000 vehicles by quarter-end.
McDonald's says higher prices, value items helped boost U.S. sales
Shares of McDonald's have fallen more than 6% this year, dragging its market value down to $185.2 billion.
Coca-Cola's earnings top expectations as sales volume recovers from pandemic
Coke reported quarterly earnings and revenue Tuesday that exceeded analysts' expectations.
Walmart shares slump after retailer cuts profit outlook on inflation concerns
Walmart CEO Doug McMillon said aggressive markdowns on items such as clothing are also hurting margins.
UBS misses expectations; CEO cites one of the 'most challenging' quarters for investors in a decade
As market declines accelerated across equity and fixed income in the second quarter, the bank's wealth management division took a hit.
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