CNBC Earnings

The company also announced the surprise retirement of Group Chief Executive Officer Noel Quinn.

Shares of Coke have fallen 3.5% over the last year, dragging the company's market value down to $267 billion.

German carmaker Volkswagen on Tuesday said its operating profit dropped by 20% in the first quarter of 2024 compared to the the same period a year earlier.

Samsung Electronics on Tuesday said operating profit for the first quarter jumped as memory chip prices rebounded on the back of AI optimism.

Exxon Mobil's first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.

Once again, Microsoft touted share gains as more and more customers used Azure's platforms and tools to build their own AI solutions.

Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing.

Chevron produced 1.57 million barrels of oil and gas daily in the U.S. for the quarter, an increase of 35% during the same period last year.

Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.

Alphabet on Thursday delivered a knockout first-quarter report and joined the tech-industry party by declaring its first-ever dividend.

Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.

Snap reported first-quarter results that beat analysts' estimates

Southwest Airlines is one of Boeing's biggest customers and flies only 737s.

Honeywell's first-quarter results topped expectations. But its current-quarter outlook came up short, pressuring the stock.

Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.

Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune.

Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.

Deutsche Bank reported first-quarter earnings on Thursday.

Comcast beat first-quarter earnings expectations on Thursday.

The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.