Shipping giant Maersk's shares jump 9% on profit beat despite trade uncertainty
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Maersk chief expects no ‘massive impact’ from tariffs and forecasts trade growth
Vincent Clerc makes prediction as shipping group reports rise in operating profit to $6.5bn for 2024Financial Times - 5h -
Novo Nordisk shares rise on fourth-quarter profit beat, Wegovy sales jump
Danish pharmaceutical behemoth Novo Nordisk reported better-than-expected net profit in the fourth quarter, amid soaring demand for its Wegovy obesity drugs.CNBC - 20h -
UBS shares retreat 6% as fourth-quarter profit beat, $3 billion buyback fail to impress
UBS revealed plans for up to $3 billion of share repurchases over the course of 2025.CNBC - 2d -
Oil giant Shell raises dividend despite full-year profit miss
British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.CNBC - 6d -
IBM shares rise 9% on earnings beat
In a statement, IBM CEO Arvind Krishna said the company has recorded $5 billion in bookings for its generative AI business.CNBC - Jan. 29 -
SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
SK Hynix CFO Kim Woohyun said that the outlook for memory demand in 2025 was clouded by inventory adjustments, protective trade policies and geopolitical risks.CNBC - Jan. 23 -
Adidas Shares Jump After Preliminary Results Beat Expectations
The sporting-goods company surpassed its own profit expectations amid fierce competition in the sector and as its biggest rival, Nike, continues to pursue a brand revamp strategy.The Wall Street Journal - Jan. 22 -
Wells Fargo shares jump after earnings beat, strong 2025 guidance
The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.CNBC - Jan. 15 -
China's exports in December grew 10.7%, beating estimates amid uncertainty over trade tariffs
China’s exports in December grew at a faster pace than expected, as factories rushed to fulfill orders amid uncertainty over trade tariffs that could be imposed by U.S. President-elect Donald TrumpABC News - Jan. 12
More from CNBC
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Eli Lilly beats on earnings even as weight loss, diabetes drug sales fall short
Zepbound and Mounjaro have now underperformed expectations for two straight quarters.CNBC - 16m -
Amazon set to pass Walmart in revenue for first time
Analysts surveyed by LSEG are expecting Amazon to report revenue of $187 billion for its latest quarter on Thursday.CNBC - 56m -
Trump's tax cuts are 'stuck in the mud' as Republicans split over spending
Fiscal hawks are demanding deeper cuts on major tax, energy and healthcare package that would advance key Trump administration priorities.CNBC - 26m -
Shares of Peloton surge 13% as it edges closer to profitability, posts better than expected sales
Peloton has shifted its focus to boosting profitability at the expense of growing sales by cutting marketing and other administraitive costs.CNBC - 15m -
Bristol Myers Squibb plans $2 billion in cost cuts by 2027, issues weak guidance
The company also issued a 2025 guidance that fell short of expectations, as some of the company's older drugs face competition from cheaper generics.CNBC - 26m
More in Business
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Green Energy Ambitions of European Companies Take a Beating
Orsted of Denmark and Equinor of Norway tap the brakes on offshore wind development after setbacks and market shifts.The New York Times - 12m -
Shares of Peloton surge 13% as it edges closer to profitability, posts better than expected sales
Peloton has shifted its focus to boosting profitability at the expense of growing sales by cutting marketing and other administraitive costs.CNBC - 15m -
Southern California Edison Found Irregularities on Equipment Where Eaton Fire Broke Out
Southern California Edison said video evidence had led it to look more broadly at whether its equipment might have been the cause of the deadly blaze.The New York Times - 15m -
Eli Lilly beats on earnings even as weight loss, diabetes drug sales fall short
Zepbound and Mounjaro have now underperformed expectations for two straight quarters.CNBC - 16m -
Unexpectedly dovish Bank of England decision sends pound and yields lower
The Bank of England on Thursday cut interest rates by a quarter-point, its third reduction since August.MarketWatch - 18m