Starbucks Shares Drop After Dismal Preliminary Quarterly Earnings

“We need to fundamentally change our strategy,” the coffee giant’s new chief executive said.

Business - The New York Times - October 23

Starbucks shares slide after coffee chain says sales fell again, suspends outlook

The company's same-store sales slid for the third consecutive quarter, fueled by a 10% tumble in traffic to its North American stores.

Business - CNBC - October 23

Starbucks scraps 2025 guidance after fall in sales and earnings

New chief Brian Niccol vows ‘to fundamentally change our strategy’ to return to growth

Business - Financial Times - October 22

Home Depot is on the verge of an earnings rebound after quarterly beat and raise

Same-store sales were better than feared, lifted by this summer's hurricanes in the U.S.

Business - CNBC - November 12

Amazon shares jump 6% after earnings beat

Amazon's latest upbeat results were driven by growth in cloud and digital advertising.

Business - CNBC - November 1

Nissan shares plunge over 10% after downbeat quarterly results, production-cut plans

The automaker posted disappointing second-quarter results and announced reductions in production and staff.

Business - CNBC - November 8

Drugmaker shares drop after RFK Jr. tapped to lead HHS

Shares in several pharmaceutical and biotechnology companies have fallen since President-elect Trump announced Thursday that he had tapped vaccine skeptic Robert F. Kennedy Jr. to lead the ...

Politics - The Hill - 5 days ago

Tesla shares leap 22% after Musk predicts sales rebound

EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next year

Business - Financial Times - October 24

Tesla’s Shares Surge 20% After Strong Earnings and Outlook

The company said profits climbed 17 percent in the third quarter. It expects car sales to rise up to 30 percent next year when it plans to begin selling new models.

Business - The New York Times - October 24

Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter

Investors are expecting that Niccol will share more details about his turnaround strategy during the company's conference call, scheduled for 5 p.m. ET.

Business - CNBC - October 30

Coinbase drops 15% after earnings, posts worst day in more than two years

Coinbase slid a day after reporting weak earnings and gave a tepid revenue outlook.

Business - CNBC - October 31

Olympus shares drop over 5% after CEO resigns over drug allegation

The stock slid 5.3% on the Tokyo Stock Exchange following news of Stefan Kaufmann's resignation.

Business - CNBC - October 28

BP shares fall to lowest since 2022 after sharp drop in the oil major's third-quarter profit

British oil major BP on Tuesday reported its weakest quarterly earnings in nearly four years, weighed down by a slump in crude prices.

Business - CNBC - October 29

Super Micro Computer shares drop by one-third after EY resigns as auditor

Server maker said in August it would delay the release of its fiscal year 2024 results

Business - Financial Times - October 30

Jim Cramer identifies an interesting buy level for our worst performing Big Tech stock this year

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Business - CNBC - October 31

Shake Shack CEO talks expansion goals as shares climb after earnings beat: 'Now's our opportunity'

Lynch said many eat at Shake Shack when they are on vacation, adding that the chain has outposts in high-traffic airports JFK, LaGuardia and Newark.

Business - CNBC - October 30

Target shares plunge 21% after discounter cuts forecast, posts biggest earnings miss in two years

Target missed on earnings and revenue even as it cut prices on thousands of items, including milk, diapers and toys, to try to attract discerning shoppers.

Business - CNBC - 19 hours ago

Snowflake shares rocket 30% and head for best day ever after earnings beat

Snowflake reported better-than-expected results on the top and bottom lines.

Business - CNBC - 59 minutes ago

Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion

The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.

Tech - The New York Times - October 30

Starbucks drops olive oil coffees as it shakes up menu

The announcement comes less than a week after the company reported falling global sales.

Nvidia shares fluctuate as investors digest third-quarter earnings

Despite nearly doubling sales year on year, Nvidia's third-quarter results show a slowdown from previous quarters.

Business - CNBC - 37 minutes ago

Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares

Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earnings

Business - Financial Times - October 31

Target Shares Tumble on Earnings Miss

The stock fell 21% after the retailer posted disappointing quarterly results and lowered its guidance for the full year.

Business - The Wall Street Journal - 18 hours ago

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