News Blog

Private payrolls increased at a faster than expected pace in April, indicating there are still plenty of tailwinds for the U.S. labor market, according to ADP.

Barrick Gold Corporation announced today that its first-quarter earnings per share (EPS) outperformed analyst expectations by $0.03, coming in at $0.19 compared to the consensus estimate of $0.16.

Yum Brands on Wednesday reported quarterly earnings and revenue that missed analysts’ expectations as Pizza Hut and KFC struggled to attract customers.

CVS Health stock tumbled Wednesday after pharmacy chain missed Wall Street’s expectations for quarterly earnings and dramatically slashed its full-year financial guidance. To blame was soaring Medicare Advantage costs that have similarly slammed its peers.

Amazon reported better-than-expected earnings and revenue for the first quarter, driven by growth in advertising and cloud computing. The stock ticked higher in extended trading.

Super Micro Computer posted quarterly financial results that left bulls wanting more, offset by strong guidance as the company continues to benefit from a huge demand for AI-capable data center servers. It’s the rare case of 200% revenue growth being not quite enough.

Starbucks on Tuesday reported weaker-than-expected quarterly earnings and revenue, fueled by a surprise decline in same-store sales.

 Hotel operator Marriott International  raised its forecast for annual adjusted profit on Wednesday, banking on international travel demand to offset normalizing domestic travel in the U.S.

Investors like delivery results from NIO  the best of its peers. Shares were up in early trading as growth for the electric-vehicle maker accelerated.

Advanced Micro Devices reported first-quarter earnings and sales on Tuesday that were slightly ahead of Wall Street expectations, and provided an in-line forecast for the current quarter.

Estee Lauder lowered its annual organic sales estimate on persistent softness in Mainland China’s prestige beauty space, even as a demand rebound in the U.S. and Asia-Pacific markets drove a profit forecast raise.

Pfizer on Wednesday reported first-quarter revenue that beat expectations and hiked its full-year profit outlook, benefitting from its broad cost-cutting program and strong sales of its non-Covid products.

Coca-Cola  on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations.

PayPal reported quarterly results that reflected the costs of stock-based compensation for the first time. The company beat analysts’ forecasts on earnings and revenue under previous reporting standards.

HSBC beat market expectations in its first quarter earnings report on Tuesday, and announced the surprise departure of Group Chief Executive Officer Noel Quinn.

Shares of GE HealthCare Technologies dropped Tuesday after the company reported first-quarter results that missed Wall Street projections.

Global automaker Stellantis on Tuesday reported a 12% decline in revenue in the first quarter, citing lower sales and foreign exchange effects, even as net pricing held firm.

U.S. industrial giant 3M Co posted a better-than-expected quarterly profit on Tuesday as price hikes and cost cuts offset the impact from slow sales, sending its shares up nearly 8% in premarket trading.

Price rises in the euro area held steady at 2.4% in April, while the economy returned to growth in the first quarter, according to flash figures published Tuesday.

McDonald’s fell short of Wall Street estimates for first-quarter sales on Tuesday as budget-conscious consumers cut back on restaurant meals and the Middle East conflict weighed on the burger chain’s international sales.