CNBC Earnings

Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.

The burrito chain said traffic increased 5.4% in its first quarter.

IBM said it would buy HashiCorp, a cloud software maker that's growing at a faster pace. IBM reported its third revenue miss in five quarters.

Sales of Ford Motor trucks and other commercial vehicles led the automaker to beat Wall Street's earnings estimates for the first quarter.

Boeing has been mired in a safety crisis since a door plug blew off a 737 Max 9 in early January.

Shares of French luxury group Kering sank more than 9% Wednesday after the company warned it expects a sharp downturn in first-half profits as demand for its Gucci brand continues to wane.

Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.

Swedish automaker Volvo Cars on Wednesday reported an uptick in first-quarter core operating profits driven by strong retail sales.

Roche lowered its 2024 growth outlook in February as it continues to confront a drop-off in demand for its Covid-19 products and a number of its cancer drugs.

There was much more to like in this print, including strong headline results on the back of strength in all key operating segments.

Walgreens posted a steep net loss for the quarter as it recorded a hefty goodwill impairment charge related to its primary-care provider VillageMD. 

The Swedish retailer significantly beat profit expectations for its fiscal first quarter.

Lululemon raised its holiday sales guidance in January after it saw sales trends come in "balanced across channels, categories, and geographies."

Nike is in the midst of a broad restructuring to cut costs by about $2 billion over the next three years as consumer demand remains uncertain.

Shares of Micron popped in extended trading Wednesday after the company announced earnings that beat analysts' expectations

Adobe paid a $1 billion termination fee to fast-growing startup Figma after regulators pushed back on the two companies combining.

Shares of German property giant Vonovia fell over 7% on Friday, shining a light on a deepening real estate crisis in Europe's largest economy.

Dick's Sporting Goods said its holiday quarter was the strongest sales period in the company's history, leading it to raise its dividend by 10%.

Shares of Zara owner Inditex rose to an all-time high Wednesday after the company announced its full-year 2023 results.

Adidas on Wednesday warned of a sales decline in its overstocked North American market in 2024, as the German sportswear brand continues to sell off its Yeezy inventory.