CNBC Earnings

Shares of British telecom company BT Group surged Thursday, on the back of the firm announcing further cost-cutting.

German technology giant Siemens on Thursday reported a a decline in earnings in the first three months of 2024 and said its automation division had slowed.

Shares of EasyJet fell more than 7% Thursday after the low-cost airline posted a slightly larger than expected pre-tax loss of £350 million.

Cisco reported a 13% drop in revenue for the fiscal third quarter, the steepest decline since 2009. But results still topped estimates.

In separate research notes, Barclays and Morgan Stanley shared three reasons that a rebound is underway for Palo Alto.

Alibaba posted a beat on revenue in its fiscal fourth quarter ended in March, but the Chinese e-commerce giant's net profit plunged.

Home Depot reported first-quarter earnings as it tries to grow sales with home professionals in a tough housing market.

Tencent saw slightly better performance in its core gaming business as well as improved profitability in its advertising and business services division.

Sony on Tuesday reported a 7% drop in annual profits in the fiscal year 2023, logging its first drop in annual profits since 2020.

SoftBank posted a 724.3 billion Japanese yen ($4.6 billion) gain on its Vision Fund in the fiscal year ended March.

The airline's best-ever financial performance figures were "driven by the voracious appetite for travel across customer segments," the Emirates Group said.

Shares of the salad chain surged 34% Friday after the company's revenue beat analysts' expectations during its fiscal first quarter.

Consumers are acting vastly different depending on income level.

Net income in the first quarter plunged 68.9% from a year ago to $71.79 million.

Warner Bros. Discovery reported first-quarter earnings before the bell Thursday.

Shares of Arm fell Thursday as lackluster revenue guidance from the firm clouded a positive sales quarter driven by AI demand.

As outstanding share counts go down, investors don't have to do anything to get baked-in returns and own larger and larger pieces of companies.

Airbnb reported first-quarter results on Wednesday that beat analysts' estimates.

Shares of the brokerage firm rose after first-quarter results topped Wall Street expectations.

Low-income consumers visited less frequently and spent more carefully when they did eat out in the first quarter, Dine Brands CEO John Peyton said.