Earnings Results Mondelez Beats Expectations
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FirstFT: Apple beats expectations
Also in today’s newsletter, Apollo and Sony team up for Paramount bid and Turkey cuts trade ties with IsraelFinancial Times - World - Apple -
Daimler Truck Targets Unchanged After Earnings Beat
Daimler Truck reported higher core profits in the first quarter, driven by gains in North America, and said it was on track to meet its financial targets for the year despite headwinds in Europe increasing.The Wall Street Journal - World -
Daimler Truck Targets Unchanged After Earnings Beat
Daimler Truck reported higher core profits in the first quarter, driven by gains in North America, and said it was on track to meet its financial targets for the year despite headwinds in Europe increasing.The Wall Street Journal - Business -
Heidelberg Materials Maintains Outlook on Earnings Beat
Heidelberg Materials first-quarter underlying earnings came in at €542 million and it continued to target full-year results from current operations of €3-€3.3 billion.The Wall Street Journal - World -
Heidelberg Materials Maintains Outlook on Earnings Beat
Heidelberg Materials first-quarter underlying earnings came in at €542 million and it continued to target full-year results from current operations of €3-€3.3 billion.The Wall Street Journal - Business -
Datadog’s earnings beat estimates, but the stock still skids
The observability company’s full-year forecast exceeds what analysts have been modeling.MarketWatch - Business -
Upstart beats on earnings but misses with its forecast
The AI-oriented lending company is hoping to see a return to sequential growth in the second half of 2024.MarketWatch - Business -
Hershey’s beats on earnings as Reese’s Caramel, Dot’s Pretzels boost sales
“We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year,” the company’s CEO said Friday.MarketWatch - Business -
Why Coinbase’s stock is shrugging off a monster earnings beat
Analysts saw a few reasons to quibble, including a potential slowdown this quarter.MarketWatch - Business -
Palantir logs earnings beat, but stock cools down in the wake of sharp rally
Palantir Technologies Inc. shares ran up on Monday ahead of the software company’s latest earnings report, but they were giving back those gains in the extended session after the results came out.MarketWatch - Business -
Crocs’ stock gains 6% as earnings beat offsets softness for Heydude brand
Crocs Inc.’s stock rose more than 6% Tuesday, after the casual-footwear company’s stronger-than-expected first-quarter earnings offset weak demand for its Heydude brand, which is expected to see sales fall this year.MarketWatch - Business -
UBS shares pop 9% as Swiss bank returns to profit after Credit Suisse takeover
It is the Swiss banking giant's first earnings report in the black since it completed the acquisition of fallen rival Credit Suisse.CNBC - Business -
Reddit shares soar on Q1 revenue beat and narrower-than-expected loss
Reddit Inc. reported its first results as a public company Tuesday, with the social-media platform reporting better-than-expected first-quarter revenue and a narrower-than expected loss.MarketWatch - Business -
Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.CNBC - Business - Apple -
Kenvue’s stock jumps after earnings beat as company unveils plan to cut 4% of global workforce
Kenvue’s stock jumps after earnings beat as company unveils plan to cut 4% of global workforceMarketWatch - Business -
Disney says streaming is nearly breakeven, but shares sink 10% on soft guidance
Disney reported a loss of just $18 million in its direct-to-consumer businesses as earnings topped analyst estimates.CNBC - Business -
Cramer: Why Apple's Vision Pro could contribute to earnings sooner than expected
Apple's earnings report Thursday night left little doubt the tech giant is leaning heavily into enterprise opportunities for the Vision Pro.CNBC - Business -
Earnings will drive the market next week — what we expect from 2 portfolio stocks
Without any major economic reports, earnings — especially forward guidance and management commentary — will drive the action.CNBC - Business -
Nintendo to announce new flagship Switch console this fiscal year
Nintendo said it sold 15.7 million units of its flagship Switch console in the year ended March 2024, beating its own forecasts.CNBC - Business -
LIV Golf Singapore results: Brooks Koepka earns fourth win, finds game with PGA Championship up next
With the second major of the year on deck, Koepka is locked back inCBS Sports - Sports - LIV Golf -
Former Starbucks boss Howard Schultz said the coffee giant needs to renew its focus and own its shortcomings after the company delivered disappointing earnings results last week.
Former Starbucks boss Howard Schultz said the coffee giant needs to renew its focus and own its shortcomings after the company delivered disappointing earnings results last week.The Wall Street Journal - World -
Berkshire Reports Strong Earnings and Formidable Cash Stockpile
The company also disclosed in its first-quarter earnings that it had trimmed its stake in Apple, but Warren Buffett, its C.E.O., said he remained a fan of Apple.The New York Times - Business -
The bar is creeping higher for second-quarter earnings
One month through this year’s second quarter earnings season, analysts are getting cautiously more optimistic about corporate America’s profitability.MarketWatch - Business -
S&P 500 Climbs With More Earnings in Focus
Stock indexes were climbing after last week’s not-too-hot jobs report, which boosted hopes of an interest-rate cut this year.The Wall Street Journal - World -
Stocks Extend Rally Ahead of Busy Earnings Slate
The S&P 500 rose 1%, while the Dow Jones Industrial Average added 0.5%. Walt Disney, Uber and Airbnb are among the companies reporting results this week.The Wall Street Journal - World -
Disney Reports Strong Earnings but Warns of Bumps Ahead
In a surprise, Disney+ made money for the first time in the latest quarter, but the company said it expected a slowdown in its parks division.The New York Times - Business -
Societe Generale Shares Climb on Above-Forecast First Quarter
Societe Generale’s results were better than expected at the revenue and underlying profit levels and showed early recovery signs in French retail banking, analysts said.The Wall Street Journal - World -
Verstappen beats Leclerc to Miami sprint pole
Red Bull’s Max Verstappen beat Ferrari’s Charles Leclerc to take pole position for the sprint race at the Miami Grand Prix.BBC News - Top stories -
Arsenal beat Bournemouth to move four points clear
Arsenal cruise past Bournemouth to go four points clear at the top of the Premier League before Saturday's later games.BBC News - Top stories - Premier League -
Wilson and Jones to meet in Crucible final
Kyren Wilson claims a comfortable 17-11 win over David Gilbert to reach his second World Championship final at the Crucible Theatre.BBC News - Top stories -
Beating inflation will likely require U.S. unemployment to rise
Americans are on a frustrating search for a soft economic landing.MarketWatch - Business -
Swiatek beats Sabalenka in thrilling Madrid final
World number one Iga Swiatek holds her nerve to beat world number two Aryna Sabalenka and win her first Madrid Open.Yahoo Sports - Sports -
Crumbs! French bakers beat longest baguette record
A 140.5m (461ft)-long baguette baked in the Parisian suburbs has beaten a previous record from Italy in 2019.BBC News - Top stories - France -
Norris beats Verstappen in Miami for first F1 win
McLaren’s Lando Norris beats Red Bull’s Max Verstappen with help from the safety car to take his maiden Formula 1 victory at the Miami Grand Prix.BBC News - Top stories - College Football -
Wilson beats tenacious Jones to win world title
An emotional Kyren Wilson claims his first world title with a nervy 18-14 victory over Jak Jones at the Crucible Theatre in Sheffield.BBC News - Top stories - College Football -
UBS Beats Forecasts as Integration-Related Costs Fall
UBS returned to profit in the first quarter and booked $27 billion in new assets into its key global wealth management business.The Wall Street Journal - World -
UBS Beats Forecasts as Integration-Related Costs Fall
UBS returned to profit in the first quarter with the integration of Credit Suisse less of a drag on its performance than analysts anticipated, as the group continued to attract funds from wealthy clients.The Wall Street Journal - Business -
WK Kellogg revenue beats analyst estimates
Cereal giant says margins grew wider.MarketWatch - Business -
Cramer's week ahead: Earnings from Disney, Uber and Warner Bros. Discovery
CNBC's Jim Cramer on Friday guided investors through an earnings-packed week on Wall Street.CNBC - Business -
How much does uni cost, and will I earn more if I go?
Given higher costs, some students are wondering whether going to university makes financial sense.BBC News - Top stories