CNBC Earnings

Xpeng has been hurt by a tough macroeconomic situation in China as well as rising competition from Tesla, BYD and electric car startups.

Shares of Urban Outfitters spiked about 8% after the company reported fiscal first-quarter earnings that beat on the top and bottom lines.

Lowe's beat first-quarter earnings expectations but lowered its full-year sales outlook.

Ryanair CEO Michael O'Leary said the airline's "industry leading" fuel hedging contributed significantly to its full-year profit.

Foot Locker shares plunged more than 27% on Friday after a slowdown in consumer spending led to a drop in sales and weak guidance.

Bath & Body Works saw year-over-year declines in sales and profits in its fiscal first quarter, but its stock surged after it raised its guidance for the year.

The discounter's report comes after Home Depot and Target posted weaker sales trends.

Alibaba announced plans to spin off its cloud division as a separate, publicly-traded company. The e-commerce titan's quarterly revenues missed expectations.

Target's comparable sales were flat as consumers bought more necessities, and the retailer said it expects more sluggishness in the current quarter.

Tencent reported its fastest quarterly revenue growth in more than a year as the company saw a big rebound in payment volumes, ad sales, and gaming.

The home improvement retailer said customers are taking on smaller projects and skipping big-ticket purchases, such as patio sets and grills.

Vodafone said it would cut 11,000 jobs over three years, out of a total headcount of just over 100,000.

The Swedish EV maker said its net loss narrowed dramatically compared with a year ago.

Disney is also in the process of laying off thousands of employees under CEO Bob Iger's restructuring plan.

Shares of Unity pop on revenue beat, rosy forecast

Twilio is gaining customers, but some users are opting not to increase their spending because of economic fears.

Airbnb drops 10% after earnings report offers cautious outlook for the second quarter.

Rivian has been working to reduce its spending over the last several months in a bid to conserve cash.

Rocket Lab's revenue increased slightly in the first quarter, but losses grew as well, as the spacecraft and launch company added a NASA contract.

Virgin Galactic is aiming to fly its first spaceflight in nearly two years later this month.