CNBC Earnings

Bank of America said revenue declined from a year earlier because of a 6% drop in net interest income due to lower interest rates.

Wells Fargo on Wednesday reported second-quarter earnings and revenue results that topped Wall Street's expectations.

Investment banking posted its second-highest revenue quarter ever with $3.61 billion, behind the first quarter of 2021.

The bank said the improving U.S. economic outlook drove its decision to release money set aside for loan losses.

PepsiCo reported that its quarterly revenue rose more than 20% from a year earlier as restaurant demand for its drinks returned, fueling an earnings beat.

On paper, second-quarter earnings season looks like the mother of all earnings reports, with estimates having risen steadily for the past six months.

Strong earnings results might signal peak growth for corporate America but they could give the volatile market a temporary relief.

Ford sold 475,327 vehicles during the second quarter, a 9.6% increase from a year earlier when the coronavirus pandemic caused Americans to shelter in place.

GM reported sales of 688,236 vehicles during the second quarter, up 39.7% from a year earlier when the coronavirus pandemic caused buyers to shelter in place.

Walgreens Boots Alliance raised its outlook for the year and unveiled its turnaround plans on Thursday, after a stronger-than-expected fiscal third-quarter.

Bed Bath & Beyond on Wednesday reported mixed fiscal first-quarter results, as sales topped analysts' estimates, but profits missed.

Nike on Thursday reported fiscal fourth-quarter earnings and sales that topped analysts' estimates, fueled by record revenue in North America.

Darden Restaurants on Thursday reported that its fiscal fourth quarter same-store sales nearly returned to 2019 levels.

Ford said its adjusted pretax earnings for the second quarter will "surpass its expectations," while net income will be "substantially lower."

The increased costs include a greater-than-expected impact from the parts shortage as well as rising commodity inflation costs of up to $2 billion.

Oracle reported better-than-expected results and showed accelerating growth compared with the immediate impact of the coronavirus last year.

GameStop sales rose 25% in the fiscal first quarter as the company focuses on e-commerce and tries to stage a turnaround.

Shares of the high-end furniture retailer surged Wednesday after the company beat analysts' profit and sales estimates for the fiscal first quarter.

Stitch Fix's sales topped analysts' estimates, driven by consumers refreshing their wardrobes and looking for styles in new sizes.

Lululemon on Thursday reported fiscal first-quarter revenue that soared 88%, topping analysts' estimates, as shopper traffic steadily rebounded to its stores.