2 years 11 months ago
Bank of America was supposed to be one of the big beneficiaries of higher interest rates. Instead, the stock has been the worst performer among peers this year.
2 years 11 months ago
Lucid's third-quarter deliveries fell short of Wall Street expectations
2 years 11 months ago
United Airlines said higher fuel costs and its halt of service to and from Tel Aviv will cut into its bottom line in the last three months of the year.
2 years 11 months ago
ASML reported a decline a profit decline in the third quarter but beat estimates as it forecast 2024 revenue to be flat.
2 years 11 months ago
Morgan Stanley shares fell even as the bank posted better-than-expected profits.
2 years 11 months ago
Netflix reported earnings after the bell. Here are the results.
2 years 11 months ago
Friday's report is the first major update since Citigroup announced a new corporate structure in September.
2 years 11 months ago
Wells Fargo surpassed Wall Street expectations for third-quarter earnings and revenue as the benefit from higher interest rates offset declining loan balances.
2 years 11 months ago
CEO Jamie Dimon acknowledged the bank was "over-earning" on net interest income and "below normal" credit costs that will both normalize over time.
2 years 11 months ago
Walgreens has now underperformed Wall Street's adjusted earnings expectations for two straight quarters.
2 years 11 months ago
American Airlines posted a third-quarter loss on Thursday and trimmed its profit forecast for the year.
2 years 11 months ago
During the company's earnings call, CEO Elon Musk said the company's focused on making its cars more affordable.
2 years 11 months ago
Adidas on Tuesday hiked its full-year guidance and posted stronger-than-expected third-quarter earnings, aided by sales of its Yeezy inventory.
2 years 11 months ago
Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following third quarter earnings that plunged.
2 years 11 months ago
TSMC posted a third quarter profit of NT$211 billion – its largest profit decline since first quarter 2019 – as weak demand for consumer electronics persists.
2 years 11 months ago
While Goldman Sachs has made efforts under CEO David Solomon to diversify its revenue stream, it is Wall Street that powers the company.
2 years 11 months ago
Delta came under fire from customers last month when it announced it would make it harder to earn elite frequent flyer status.
2 years 11 months ago
PepsiCo raised its full-year earnings outlook after beating Wall Street's estimates for third-quarter earnings and revenue.
2 years 11 months ago
The denim retailer said momentum at its own stores and website did not offset weaker wholesale trends in the U.S.
2 years 11 months ago
Revenue growth was driven by demand for its Modelo Especial and Modelo Chelada brands as well as Corona Extra.
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