Shares of fashion giant H&M drop as fourth-quarter sales miss estimates
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Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.The New York Times - 19h -
Tesla fourth-quarter results miss estimates as automotive revenue drops 8%
Tesla reported weaker-than-expected earnings and revenue for the quarter that ended in December.CNBC - 19h -
Starbucks earnings top estimates, but same-store sales decline for fourth straight quarter
Starbucks said its same-store sales fell 4%, fueled by a 6% decline in visits to its stores.CNBC - 1d -
South Korea GDP misses estimates as weak consumption, construction sector drive growth to 6-quarter low
The country's economy expanded by 1.2% year on year, missing analysts' expectations of 1.4% growth.CNBC - Jan. 23 -
Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.The Wall Street Journal - Jan. 21 -
Shares of Cartier owner Richemont jump 16% as sales rise in December quarter
Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.CNBC - Jan. 16 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - Jan. 9
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67 believed dead after American Airlines plane collides with Army helicopter
An American Airlines regional jet collided with a helicopter near Ronald Reagan Washington National Airport.CNBC - 40m -
Trump lashes out at Biden, DEI efforts after D.C. plane crash
President Donald Trump blasted former President Joe Biden and Democratic diversity measures after a midair collision above Washington, D.C.CNBC - 32m -
UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
UPS has shifted away from less profitable large contracts in recent years, while Amazon has built up its own in-house logistics empire.CNBC - 1h -
RFK Jr. stumbles over basics of Medicare, Medicaid during Senate confirmation hearings
Kennedy struggled to identify and explain the fundamental aspects of Medicare, which provides coverage to older and disabled Americans.CNBC - 1h -
Pending home sales drop sharply in December as mortgage rates surge back over 7%
Pending home sales in the U.S. fell in December as mortgage rates climbed again.CNBC - 1h
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Dow to cut 1,500 jobs as it struggles to restore profitability. Stock slides to four-year low
The company is also optimistic that it will see demand growth in certain markets.MarketWatch - 30m -
Trump lashes out at Biden, DEI efforts after D.C. plane crash
President Donald Trump blasted former President Joe Biden and Democratic diversity measures after a midair collision above Washington, D.C.CNBC - 32m -
Southwest risks regulatory scrutiny after including adjusted revenue with quarterly numbers
SEC only allows companies to adjust revenue figures under limited circumstances.MarketWatch - 38m -
Why the Fed may be done cutting interest rates, once and for all
Some economists were saying Wednesday that the rate-cutting cycle is over, while others think the Federal Reserve won’t ease rates again until 2026.MarketWatch - 39m -
67 believed dead after American Airlines plane collides with Army helicopter
An American Airlines regional jet collided with a helicopter near Ronald Reagan Washington National Airport.CNBC - 40m