HSBC raises outlook as profits nearly double
HSBC's profits have soared as it continues to cut costs and cash in on high interest rates around the world.
2023-08-01 14:28
ExxonMobil earnings fell on sinking oil prices
ExxonMobil's profit fell sharply in the second quarter on lower oil and natural gas prices, leaving earnings below Wall Street forecasts.
2023-07-28 18:56
Ford's EV losses climb but overall profits rise
Losses are going up on Ford's electric vehicle business, but profit from its traditional internal combustion engine vehicles allowed it to beat Wall Street expectations.
2023-07-28 07:21
Oreo maker increases growth forecast thanks to demand for cookies, sweets
The maker of Oreo and Cadbury Dairy Milk chocolate is thanking an increased demand for sweets in the first half of the year for its positive forecast, Mondelez International said in its second quarter earnings call Thursday.
2023-07-28 06:27
Grimace shakes help send McDonald's sales surging
When McDonald's introduced a limited-edition purple shake in honor of Grimace's birthday, it probably didn't expect the item to go viral on TikTok quite like it did: With TikTokers showing themselves sipping the dessert drink and then, soon after, writhing in mock pain or playing dead.
2023-07-27 20:29
Meta stock climbs after company posts 11% revenue growth
Meta's "year of efficiency" seems to be paying off. The Facebook-parent company on Wednesday reported revenue of $32 billion for its quarter ending in June, marking an 11% increase compared to the same period last year and beating Wall Street expectations.
2023-07-27 07:55
GM earnings soar
General Motors reported its second-quarter earnings surged 59%, and the company raised its full-year profit outlook.
2023-07-25 18:46
Ryanair warns the post-pandemic travel boom may be coming to an end
The travel industry has defied a global economic slowdown, enjoying record bookings and profits as pent-up demand following the pandemic fueled spending on air tickets and hotels. But that may be starting to change.
2023-07-24 20:16
Wall St sees bargains, lure of Europe buoying cruise, hotel earnings
By Doyinsola Oladipo NEW YORK The post-pandemic rebound of international travel, particularly to Europe, is expected to be
2023-07-24 18:22
What's ahead this week for Wall Street and the economy
A bevy of possibly market-moving events are in store for investors this week.
2023-07-23 19:58
The 5 biggest takeaways from Netflix's blockbuster earnings report
Hollywood is in a state of absolute agony, but Netflix had some reason to celebrate on Wednesday, with the streaming giant releasing a smash earnings report after implementing its long-anticipated plans to clamp down on password sharing. Here are some of the key highlights:
2023-07-20 09:57
Netflix adds nearly 6 million paid subscribers amid password sharing crackdown
Netflix's crackdown on password sharing appears to be paying off.
2023-07-20 07:24