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Earnings
Alaska Airlines 2024 forecast tops estimates after loss from Boeing Max
An Alaska Airlines Boeing 737 MAX 9 taxis at Seattle-Tacoma International Airport on March 25, 2024 in Seattle, Washington. Stephen Brashear | Getty ImagesAlaska Airlines forecast second-quarter and full-year earnings well ahead of…
Procter & Gamble (PG) Q3 2024 earnings
Procter & Gamble on Friday reported mixed quarterly results as it struggles to bring back shoppers after two years of hiking prices across its portfolio, from Tide detergent to Charmin toilet paper.The company's prices were up 3%…
P&G’s initial decline had nothing to do with earnings. Investors agreed
Procter & Gamble shares were down sharply early in Friday's session after the consumer products giant reported a mixed quarter. We viewed the action as a bit of profit-taking — and not a reflection of the results. The stock entered…
Netflix (NFLX) earnings Q1 2024
A couple sits in front of a television with the Netflix logo on it.Picture Alliance | Picture Alliance | Getty ImagesLOS ANGELES — Netflix will no longer provide quarterly membership numbers or average revenue per user starting next…
World’s largest sovereign wealth fund posts $110 billion in Q1 profit
Norway's giant sovereign wealth fund on Thursday reported first-quarter profit of 1.21 trillion kroner ($109.9 billion), supported by robust returns on its investments in technology stocks.The so-called Government Pension Fund Global,…
Adidas shares rise after first-quarter profit hike, improved outlook
Adidas shoes are displayed at a DSW store on January 31, 2024 in Novato, California. Justin Sullivan | Getty ImagesShares of Adidas jumped 6.3% on Wednesday after the company unexpectedly raised its full-year guidance and reported a…
Dr. Martens shares plunge to record low, trading halted on weak outlook
Dr. Martens is a brand of footwear known for its yellow stitching and patented air-cushioned soles. The brand was adopted by British punk rockers in the 1970s, but went mainstream during the grunge movement of the…
Goldman Sachs (GS) earnings Q1 2024
David Solomon, Chairman & CEO Goldman Sachs, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 17th, 2024. Adam Galici | CNBCGoldman Sachs is scheduled to report first-quarter…
Wells Fargo is flat after an earnings beat — why we stay the course
Wells Fargo reported better-than-expected earnings results on Friday, but some weakness under the hood is putting a lid on the bank's stock. Stay the course: Shares should move higher as management continues to shake off regulatory…
Citigroup (C) earnings Q1 2024
Citigroup on Friday posted first-quarter revenue that topped analysts' estimates, helped by better-than-expected results in the bank's investment banking and trading operations.Here's how the company performed, compared with estimates…