Qualcomm tops estimates for earnings and revenue on strong smartphone demand

Qualcomm reported first-quarter earnings Wednesday that beat consensus expectations on both the top and bottom line.

CNBC - 3h

Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers

The company's streaming business reported another quarter of profitability despite a 1% decline in subscribers for Disney+.

CNBC - 11h

Disney tops quarterly profit estimates, but starts to lose Disney+ streaming subscribers

Disney posted fiscal first-quarter earnings Wednesday that beat on the top and bottom lines, but revealed the beginnings of expected streaming subscriber losses at Disney+.

NBC News - 11h

Chipotle earnings beat estimates, but stock falls on weak same-store sales forecast

Chipotle earnings beat estimates as restaurant traffic rises again.

CNBC - 1d

PepsiCo earnings beat estimates, but demand for drinks and snacks drops in North America

PepsiCo's earnings topped Wall Street's estimates, but the company's revenue missed expectations, as drink and snack demand fell in North America.

CNBC - 1d

Palantir soars 24% to record high as AI powers strong earnings and guidance

Palantir surged 24% on robust fourth-quarter results and guidance.

CNBC - 1d

Pfizer tops earnings estimates as Covid product sales beat expectations and cost cuts pay off

The results cap off a critical year for Pfizer, which has been slashing costs as it recovers from the rapid decline of its Covid business and stock price.

CNBC - 1d

Pfizer’s stock falls despite fourth-quarter revenue and earnings beat. This analyst expects growth to accelerate.

Pfizer Inc. shares fell 2% Tuesday despite the drugmaker topping Wall Street’s revenue and profit estimates in its fourth-quarter results.

MarketWatch - 1d

Palantir shares rocket 22% after company posts strong earnings and outlook

Palantir's earnings report follows a historic rally in the stock last year.

CNBC - 2d

Atlassian closes at highest since 2022 after reporting better-than-expected earnings, revenue outlook

Atlassian benefited from robust cloud and data center growth during the period as more customers turned to artificial intelligence solutions.

CNBC - 5d

Apple profits top estimates even as competition dents China iPhone sales

Silicon Valley group says there are signs rollout of AI features will boost handset demand

Financial Times - 6d

IBM rallies 13%, notches best day since 2000 on strong earnings

CEO Arvind Krishna said the company posted $5 billion in bookings for its generative AI segment.

CNBC - 6d

Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations

Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties

ABC News - Jan. 29

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 - Jan. 29

Levi beats earnings estimates but expects pressure this year from strong U.S. dollar

Levi expects its sales to slow in the current fiscal year because of the strong U.S. dollar and one fewer selling week.

CNBC - Jan. 29

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 - Jan. 28

Old Smartphones Loaded With TikTok Selling for Thousands

People are selling old phones with TikTok installed for as much as $50,000, and the boom is growing, as Google and Apple have removed the app from their online stores.

Inc. - Jan. 24

S&P 500 Hits Record High Amid Strong Earnings and Easing Inflation Concerns

Corporate earnings are coming in strong. Investors are also seeing the Trump administration take a less aggressive approach to tariffs than some had expected.

The New York Times - Jan. 24

Real Madrid top Football Money League with $1 billion revenue to widen gap over Manchester City

The Taylor Swift effect and further revenue away from soccer have helped Los Blancos, with the Miami Dolphins' home game later this year only expected to help keep them at the top.

CBS Sports - Jan. 23

Procter & Gamble earnings beat estimates as shoppers buy more household staples

Procter & Gamble beat quarterly earnings and revenue estimates and also reiterated its fiscal 2025 forecast.

CNBC - Jan. 22

What happened when 4 teens swapped their smartphones for flip phones

Half of American teenagers get 4 hours or more of daily screen time and are more likely to experience anxiety and depression, a report found.

CBS News - Jan. 21

Netflix shares soar as company reports surging revenue, tops 300 million subscribers

The fourth quarter was the last for which Netflix will report quarterly paid subscriber counts.

CNBC - Jan. 21

Netflix shares soar as company reports surging revenue, tops 300 million subscribers

Shares of Netflix soared more than 13% Tuesday after the company posted fourth-quarter results that beat on the top and bottom lines.

NBC News - Jan. 21

College basketball rankings: No. 2 Duke coming on strong, not far behind top-ranked Auburn

The Blue Devils' 12-game winning streak, the nation's longest, includes a win over the Tigers, the No. 1 team in the Top 25 And 1

CBS Sports - Jan. 20

CEO of Chinese smartphone brand Honor resigns due to personal reasons

Honor's focus on high-end devices and technology is expected to continue under Jian Li, who will succeed Zhao as CEO.

CNBC - Jan. 17

UnitedHealth’s Revenues Rise, in First Earnings Report Since CEO’s Killing

But high medical costs contributed to results that disappointed Wall Street, and the company’s stock fell on the news that it had made less than analysts expected.

The New York Times - Jan. 16

Bank of America tops estimates on better-than-expected investment banking, interest income

The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.

CNBC - Jan. 16

Morgan Stanley tops estimates on strong equities and fixed income trading revenue

The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.

CNBC - Jan. 16

Morgan Stanley earnings jump on soaring trading and dealmaking revenues

Rival Goldman Sachs similarly reported robust performance in markets and investment banking units

Financial Times - Jan. 16

TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand

TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.

CNBC - Jan. 16

Apple loses smartphone crown in China as Vivo and Huawei outsell iPhone

US tech giant faces competition on mainland as it struggles to introduce AI features on its flagship product

Financial Times - 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

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

Goldman Sachs shares rise after topping estimates on strong trading results

Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.

CNBC - Jan. 15

New Brazil law restricts use of smartphones in elementary and high schools

Brazil’s President Luiz Inácio Lula da Silva has signed a bill restricting the use of smartphones at school, following a global trend for such limitations

ABC News - Jan. 13

Lululemon’s stock jumps as strong holiday sales show demand is improving

Lululemon’s stock rallies toward a 10-month high after guidance for profit, revenue and gross margin were raised.

MarketWatch - Jan. 13

Strong Words Support Thought Top Flames Defenseman Is Staying With Flames

For now, Rasmus Andersson hopes he's still a member of the Calgary Flames after the NHL trade deadline

Yahoo Sports - Jan. 11

Delta outlook tops estimates as CEO expects 2025 to be airline's 'best financial year in our history'

Delta's CEO said strong travel demand is driving revenue higher.

CNBC - Jan. 10

Delta Air is betting on a strong 2025 driven by demand for premium travel

Delta Air Lines Inc.’s stock jumped 3.4% in premarket trade Friday, after the carrier beat fourth-quarter profit and revenue estimates and forecast a strong 2025 driven by demand for premium travel.

MarketWatch - Jan. 10

Samsung Electronics banking on AI to outpace global growth in smartphones, home appliances

Samsung Electronics plans to ramp up on-device AI, as it bets on the consumer electronics unit to exceed overall global market growth this year.

CNBC - Jan. 7

Latest in Qualcomm tops estimates for earnings and revenue on strong smartphone demand

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