Latest in Shipping giant Maersk's shares jump 9% on profit beat despite trade uncertainty
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Shipping giant Maersk's shares jump 9% on profit beat despite trade uncertainty
"At a time of very high microeconomic uncertainties, we were able to be sufficiently agile," Maersk CEO Vincent Clerc told CNBC's "Squawk Box Europe."CNBC - 8h -
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 - 11h -
AstraZeneca reports 38% jump in pre-tax profits to $8.7bn
Firm reports leap in profits amid strong sales of cancer, lung and immunology treatments a week after pulling plug on Merseyside investment. AstraZeneca has reported a jump in annual profits ...The Guardian - 11h -
Fiserv shares rally to record on earnings beat, bullish revenue outlook
Shares of payments company Fiserv rose to a record on Wednesday after reporting better-than-expected earnings.CNBC - 20h -
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 - 1d -
Alphabet shares drop as much as 9% on revenue miss, soaring AI investments
Alphabet reported fourth-quarter earnings on Tuesday after the close of regular trading.CNBC - 1d -
Snap shares soar on better-than-expected profit and revenue
Snap reported better-than-expected fourth-quarter results Tuesday but issued earnings guidance that trailed estimates.CNBC - 1d -
AMD reports profit beat, but misses on data center revenue
AMD reported better-than-expected results on Tuesday, but data center revenue trailed analysts' estimatesCNBC - 1d -
Spotify shares pop 13% after company reports first profitable year
The music streaming company said it paid a record $10 billion in royalties to the music industry in 2024.CNBC - 1d -
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 -
Apple shares fall on concern Trump tariffs on China will hit profit
Among the tech megacaps, Apple may be the most vulnerable to President Donald Trump's announced tariffs on China.CNBC - 2d -
Top JPMorgan trading executive jumps to hedge fund Rokos
Jason Sippel to leave US bank after more than two decades for UK-based macro firmFinancial Times - 6d -
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 - Jan. 30 -
Report: Giants, White Sox discussed Robert trade this offseason
The San Francisco Giants reportedly discussed a trade with the Chicago White Sox for outfielder Luis Robert earlier this offseason.Yahoo Sports - Jan. 30 -
Tesla reports $600 million bitcoin profit jump after digital assets rule change
A recent change in the rules for how companies account for digital assets led Tesla to report a $600 million mark-to-market gain.CNBC - Jan. 30 -
Meta shares pop after company beats on revenue
Meta reported earnings after the bell. Here are the results.CNBC - Jan. 29 -
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 -
Where Giants' payroll, bullpen stand after Taylor Rogers trade
Alex Pavlovic details where the San Francisco Giants stand after trading reliever Taylor Rogers on Wednesday.Yahoo Sports - Jan. 29 -
Nvidia shares resume fall despite gains in European chip stocks
ASML shares rally as Dutch group hails DeepSeek as ‘good news’Financial Times - Jan. 29 -
Giants trade Taylor Rogers to Reds for right-handed pitching prospect
The San Francisco Giants traded left-handed relief pitcher Taylor Rogers to the Cincinnati Reds in exchange for a right-handed pitching prospect.Yahoo Sports - Jan. 29 -
ASML shares jump 10% as surge in orders defies fears of DeepSeek hitting AI chip demand
Dutch semiconductor equipment maker ASML on Wednesday reported better-than-expected net sales and profit results for the fourth quarter.CNBC - Jan. 29 -
China PMI surprises as factory activity contracts in January; December industrial profits jump
The official purchasing managers' index for January came in at 49.1, data released by the National Bureau of Statistics on Monday showed.CNBC - Jan. 27 -
How I Grew My Business Despite Uncertainty
Learn from the experiences of a growing business as it weighed customer feedback and operational hurdles to achieve ambitious goals in new markets.Inc. - Jan. 26 -
Burberry shares jump 13% after better-than-expected quarterly sales
Burberry on Friday reported a shallower-than-expected dip in sales in the fiscal third quarter, in the first glimpse of fresh efforts to revamp the beleaguered British fashion house.CNBC - Jan. 24 -
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 -
SK Hynix profits beat Samsung’s for first time on AI boom
South Korean chipmaker expects sales of high-bandwidth memory products to more than double this yearFinancial Times - Jan. 23 -
Travelers Upbeat on Momentum Despite Fires as Fourth-Quarter Profit Surges
The property-and-casualty insurer said the strong results and outlook would allow it to support customers affected by the wildfires that devastated L.A.The Wall Street Journal - Jan. 22 -
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 -
Netflix shares jump as it adds record number of subscribers
Streaming pioneer’s total number of customers passes 300mn as it receives boost from live sportsFinancial Times - Jan. 21 -
Oracle shares jump 7% on involvement in AI infrastructure initiative that Trump will announce
Oracle will be involved in a joint venture for artificial intelligence infrastructure in the U.S. that President Trump will announce.CNBC - Jan. 21 -
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 -
Here’s why TikTok probably won’t go away for good, despite political uncertainty
Trump has expressed interest in a joint venture that could keep TikTok operational over the long haul. For now, the app is back online.MarketWatch - Jan. 19 -
Suess Microtec Shares Soar After Forecast-Beating Results
Shares in the German chip-equipment supplier surged after it reported full-year results that exceeded guidance, boosted by AI’s growing momentum.The Wall Street Journal - Jan. 17 -
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 -
Bank of America profits boosted by loan growth and robust trading
Strong results echo other big Wall Street banksFinancial Times - Jan. 16 -
Morgan Stanley earnings jump on soaring trading and dealmaking revenues
Rival Goldman Sachs similarly reported robust performance in markets and investment banking unitsFinancial Times - Jan. 16 -
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 -
Trump Media shares jump more than 21% week before presidential inauguration
Tech companies and executives have donated to the Trump inaugural fund, including Google, Meta and Amazon, as well as OpenAI CEO Sam Altman.CNBC - Jan. 13 -
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 -
Report: Giants reach 1-year, $15 million deal with 9-time All-Star Justin Verlander
The three-time Cy Young winner will turn 42 in February.Yahoo Sports - Jan. 8