Good morning. Ruth Porat had her final earnings call as CFO of Alphabet and Google on Tuesday afternoon after almost 10 years. In mid-2023, Porat was…
DETROIT — General Motors is raising several key financial targets for 2024 after easily beating Wall Street’s earnings expectations for the second quarter, while it restructures…
Two factors often determine stock prices in the long run: earnings and interest rates. Investors can’t control the latter, but they can focus on a company’s…
United Airlines planes at Denver International Airport.Leslie Josephs | CNBCUnited Airlines’ second-quarter profit rose more than 20% from last year as strong demand for international travel…
Meta will reportedly cut the budget of its Reality Labs, the division responsible for developing the company’s metaverse hardware and software, by about 20% between now…
Abbott Labs delivered a second-quarter earnings beat on Thursday, but the company’s ongoing litigation over its baby formula — plus softer guidance for the current quarter…
Cintas (NASDAQ:CTAS) came out with quarterly earnings of $3.99 per share, beating the Zacks Consensus Estimate of $3.80 per share. This compares to earnings of $3.33…
ASML logo is seen at the headquarters in Veldhoven, Netherlands, June 16, 2023.Piroschka Van De Wouw | ReutersASML reported second-quarter earnings and sales that beat forecasts,…
Sphere Entertainment Co. (NYSE:SPHR) shareholders should be happy to see the share price up 26% in the last month. Although the past week has been more…
Goldman Sachs said Monday that it topped profit and revenue estimates on better-than-expected fixed income results and smaller-than-expected loan loss provisions.Here’s what the company reported:Earnings: $8.62…