Revenue Earnings Beat
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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 -
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 -
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 -
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 -
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 -
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 -
Taco Bell parent Yum Brands’ stock slides on first-quarter earnings and revenue miss
Yum Brands’ CEO David Gibbs described “a difficult operating environment” during the first quarter.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 -
Pinterest’s stock soars 17% on big revenue and profit beat, 500 million monthly active users
Pinterest Inc.’s stock soared in extended trading Tuesday following quarterly results and revenue guidance that exceeded Wall Street estimates.MarketWatch - Business -
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 -
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 Futures Rise as Earnings Roll In
U.S. stock futures rose after Federal Reserve Chair Jerome Powell indicated the bar to cut interest rates had gone up.The Wall Street Journal - World -
Pinterest Stock Jumps on Higher Revenue, Narrower Loss
Pinterest shares jumped after the social-media platform reported higher quarterly revenue and a narrower loss.The Wall Street Journal - World -
Pinterest Records Higher Revenue, Narrower Loss
The social-media platform surpassed half a billion monthly active users and reporting 23% revenue growth, its fastest user and revenue growth since 2021. Shares rose 16% premarket.The Wall Street Journal - World -
Alphabet’s Revenue Jumps 15% to $80.5 Billion
Google’s parent company topped revenue and profit estimates and said that it would offer a stock dividend for the first time.The New York Times - Tech -
Where we're headed: Revenue sharing with college athletes
What does a settlement of the House v. NCAA case entail? And what does it mean for your school? Unpacking a complicated, and fluid, situation.Yahoo Sports - Sports -
Amazon profit more than triples, topping Wall Street expectations
Amazon surpassed analyst expectations for revenue and earnings in the first quarter.CNBC - Business - Amazon -
StanChart beats profit forecasts on back of higher interest rates
Lender reports $1.9bn in first-quarter pre-tax profitsFinancial Times - 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 -
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 -
Shell launches $3.5 billion buyback after earning $7.7 billion
Shell’s first-quarter adjusted earnings fell by less than expected, buoyed by strong margins from crude and oil trading, while the energy giant kicked off a $3.5 billion share buyback program as it hurries to close the valuation gap between it and ...MarketWatch - Business -
U.S. Private Payrolls Beat Expectations in April
Data from the payroll company shows private sector employers added 192,000 jobs last month, more than in March and above economists' average estimates.Inc. - Business -
Beating inflation will likely require U.S. unemployment to rise
Americans are on a frustrating search for a soft economic landing.MarketWatch - Business -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
AMD says it will sell $4 billion in AI chips this year; stock drops on in-line forecast
AMD sells AI chips that compete with Nvidia, but it makes most of its money from PC chips.CNBC - Business -
Amazon Reports $143.3 Billion in Revenue for First Quarter of 2024
The company also reported that profit more than tripled, to $10.4 billion, topping Wall Street expectations.The New York Times - Tech -
AMD reports strong Q1 data center revenue offset by weak gaming
Advanced Micro Devices reported strong data center revenue that grew 80% in the first quarter ended March 31, but gaming revenue fell 48%.VentureBeat - Tech -
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 -
Same-Store Sales at Starbucks Drop, Pushing Revenue Down 1.8%
After the chain’s quarterly earnings missed Wall Street’s estimates, its shares fell more than 12 percent in after-hours trading.The New York Times - Business -
Norwegian Cruise’s stock falls after revenue missed, despite record bookings
Norwegian Cruise’s stock slumped Wednesday, after the cruise operator beat first-quarter profit expectations and raised its full-year outlook amid continued record demand, but missed revenue expectations for the first time in seven quarters.MarketWatch - Business -
Super Micro plummets 14% after posting revenue miss
Super Micro Computer shares plunged on Wednesday after the server company reported third-quarter revenue that slightly missed estimates.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 -
Why Small-Business Owners Are Optimistic About 2024 Revenue--but Not the Economy
A new survey unpacks the reasons behind entrepreneurs' rosy outlook and reveals why they're less bullish on the economy overall.Inc. - Business -
These hot new Beats Solo 4 headphones are available for preorder
Discover the all-new Beats Solo 4 headphones, which you can not preorder from Amazon for $200.CBS News - Top stories -
Lumen’s stock gains after beat on free cash flow
Lumen’s CEO cited “expected headwinds” in the latest quarter’s results but the company maintained its full-year outlook.MarketWatch - Business