Perfect Earnings Outlook
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Coca-Cola beats first-quarter earnings estimates, raises annual revenue outlook
Coca-Cola Co. reported better-than-expected first-quarter results before market open Tuesday, boosted by what the beverage giant described as “a dynamic backdrop.”MarketWatch - Business -
CVS shares plummet as health company slashes profit outlook on higher medical costs
CVS and other insurers have seen medical costs spike as many Medicare Advantage patients return to hospitals to undergo procedures they delayed during Covid.CNBC - Business -
Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Mastercard Inc. lowered its GAAP revenue outlook for the full year, but not because it has a more cautious view of the spending landscape.MarketWatch - Business -
Pfizer beats earnings estimates, raises outlook on cost cuts and smaller-than-feared drop in Covid drug sales
The pharmaceutical giant's quarterly results also benefited from a smaller-than-feared drop in sales for its Covid antiviral pill Paxlovid.CNBC - Business - Covid -
Google's CEO Sends the Perfect Message
Sundar Pichai made it very clear to employees that they are free to express their opinions--but the workplace isn't going to serve as their forum. Business owners would be wise to follow his example.Inc. - Business - Google -
Got a Great Product? Here's How to Find the Perfect Market Fit
On Inc.'s 'From the Ground Up' podcast, founders from two different beverage startups share how they found just the right product-market fit--from opposite directions.Inc. - Business -
DBS Earnings Beat Expectations
Singapore’s biggest bank by assets said its first-quarter net profit rose on higher fee and commission income, and expects to deliver strong shareholder returns this yearThe Wall Street Journal - World -
Why are billionaires scared of Brazil’s plan to hit them with a global tax? Because it makes perfect sense | Larry Elliott
As the fortunes of the super-rich soar, a proposed annual levy of 2% could offer a corrective – and they will fight it tooth and nail. The idea is simple. There are about 3,000 billionaires in the world and in recent years they have been getting ...The Guardian - World -
Clariant Confirms Outlook as Profits Rise
Clariant reiterated its full-year outlook after it reported an improved earnings margin in the first quarter, helped by lower raw material prices and a strong performance at its aviation business.The Wall Street Journal - Business -
Haleon Keeps Outlook as Profits Rise
Haleon reported a 2% rise in underlying profits for the first quarter despite lower revenue, and maintained its full-year guidance and buyback plan.The Wall Street Journal - World -
Microsoft Earnings Jump on AI Demand
Microsoft’s revenue and profit rose last quarter as artificial intelligence bolstered demand for its software and cloud services.The Wall Street Journal - Tech - Microsoft -
ArcelorMittal Cautious Despite Earnings Beat
ArcelorMittal reported better-than-expected earnings for the first quarter after volumes and prices improved, but cautioned that economic sentiment remained subdued with no signs customers were restocking on inventories.The Wall Street Journal - World -
ArcelorMittal Cautious Despite Earnings Beat
ArcelorMittal reported better-than-expected earnings for the first quarter after volumes and prices improved, but cautioned that economic sentiment remained subdued with no signs customers were restocking on inventories.The Wall Street Journal - Business -
Volkswagen Hit by Drop in Car Sales But Confirms Outlook
Volkswagen posted lower sales revenue and profit margins in the first quarter on fewer vehicle sales and higher costs, but backed its full-year outlook.The Wall Street Journal - Business -
OMV Profit Tops Hopes, Keeps Outlook
OMV reported first-quarter profits ahead of forecasts despite revenue falling on lower gas prices, and backed its full-year production guidance.The Wall Street Journal - Business -
Santander Confirms Outlook Despite Profit Miss
Santander posted a below-forecast rise in first-quarter net profit, for the first quarter, but said it was on track to meet its key 2024 financial targets.The Wall Street Journal - Business -
AMD boosts its outlook for AI revenue, but stock still falls
AMD lifted its outlook for its MI300 AI accelerator product, which is now expected to drive upwards of $4 billion in revenue this year.MarketWatch - Business -
Adidas Maintains Outlook as First Quarter Tops Forecasts
Adidas posted above-forecast profits for the first quarter, citing brand momentum, and confirmed its recently-lifted outlook for the year.The Wall Street Journal - Business -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - World -
Vinicius' double earns Real draw with Bayern
Vinicius Junior scores twice as Real Madrid come away with a draw in the first leg of their Champions League semi-final tie with Bayern Munich.BBC News - Top stories -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - Business -
S&P 500 Moves Higher as Earnings Roll In
U.S. stocks rose as investors await Apple’s quarterly results among other earnings.The Wall Street Journal - World -
Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World -
Aston Martin Outlook on Track, New Cars to Boost Growth
Aston Martin losses grew in the first quarter on lower revenue, but said it expected the launch of four new models this year would drive growth in the second half.The Wall Street Journal - World -
GSK raises profit outlook on strong vaccine and HIV drug sales
Quarterly results beat expectations and signal strong start for pharma groupFinancial Times - Business -
Why Super Micro’s stock is falling despite an upbeat growth outlook
One analyst’s price target implies 60% further downside, in part due to margin concerns, as AI competition heats up.MarketWatch - Business -
Aston Martin Outlook on Track, New Cars to Boost Growth
Aston Martin losses grew in the first quarter on lower revenue, but said it expected the launch of four new models this year would drive growth in the second half.The Wall Street Journal - Business -
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Pandora Lifts Sales Outlook After Strong Start to Year
Pandora raised its revenue guidance after reporting a market-beating result for the first quarter, and said the second quarter had got off to a healthy start with high single-digit like-for-like growth.The Wall Street Journal - World -
Hugo Boss Keeps Outlook After Strong First Quarter
Hugo Boss reported profit and revenue growth in the first quarter, helped by brand investment and efficiency gains, and confirmed its full-year targets.The Wall Street Journal - World -
Hugo Boss Keeps Outlook After Strong First Quarter
Hugo Boss reported profit and revenue growth in the first quarter, helped by brand investment and efficiency gains, and confirmed its full-year targets.The Wall Street Journal - Business -
Pandora Lifts Sales Outlook After Strong Start to Year
Pandora raised its revenue guidance after reporting a market-beating result for the first quarter, and said the second quarter had got off to a healthy start with high single-digit like-for-like growth.The Wall Street Journal - Business -
Pinterest shares soar 18% on earnings beat, strong revenue growth
Shares of Pinterest popped in extended trading Tuesday after the company reported first-quarter results.CNBC - Business -
Yum Brands earnings miss estimates as Pizza Hut, KFC sales disappoint
KFC and Pizza Hut reported same-store sales declines, while Taco Bell's same-store sales rose just 1%.CNBC - Business -
AMD’s mixed earnings reveal a company with a lot to prove — and the goods to do it
Why 2024 will be a year of sizeable growth for the chip maker.MarketWatch - Business -
Amazon earnings cheered as ‘objectively excellent’ — with any blemishes mere ‘nitpicks’
While shares saw a somewhat muted reaction, analysts saw plenty of reason to cheer.MarketWatch - Business -
Informatica logs earnings beat, following acquisition flirtation with Salesforce
Informatica beat expectations with its latest quarterly results, but its stock wasn’t reacting.MarketWatch - Business -
Qualcomm earnings benefited from AI-enabled devices, and there’s more potential ahead
This hasn’t been a pretty earnings season for prominent chip companies so far, but Qualcomm is breaking from the mold.MarketWatch - Business -
Fullkrug goal earns Dortmund first-leg win over PSG
Niclas Fullkrug scores a brilliant first half winner as Borussia Dortmund beat Paris St-Germain 1-0 in a frenetic first leg of their Champions League semi-final.BBC News - Top stories - College Football -
First-Quarter Exits Boost Carlyle Distributable Earnings, But Revenue Falls
The firm saw one of its flagship funds become ineligible, at least temporarily, for carried interest.The Wall Street Journal - World