The Wayfair app on a smartphone arranged in Hastings-on-Hudson, New York. Tiffany Hagler-Geard | Bloomberg | Getty Images Wayfair’s sales slid during its first fiscal quarter, but the online furniture retailer reduced its losses after cutting 13% of its workforce at the start of the year, the company announced Thursday. Wayfair beat Wall Street’s expectations … Read more
A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024. Spencer Platt | Getty Images New York Community Bank on Wednesday posted a quarterly loss of $335 million on a rising tide of soured commercial loans and higher expenses, but the lender’s stock surged on its new performance targets. The … Read more
Adam Selipsky, CEO of Amazon Web Services, speaks during the Bloomberg Technology Summit in San Francisco on June 22, 2023. David Paul Morris | Bloomberg | Getty Images Amazon said Tuesday that revenue from its cloud unit grew 17% year over year in the first quarter, a more rapid rate than Wall Street had expected. … Read more
Lisa Su, chair and CEO of Advanced Micro Devices, left, and Charles Liang, CEO of Super Micro Computer, speak at the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023. David Paul Morris | Bloomberg | Getty Images Super Micro shares slipped as much as 12% in extended trading on Tuesday after … Read more
A store of Starbucks Coffee shop chain located in Amsterdam city center with people sitting inside, enjoying a coffee after shopping in the cafe, while others are walking by. Nicolas Economou | Nurphoto | Getty Images Starbucks reported earnings after the bell. Here are the results. Earnings per share: 68 cents vs. 79 cents per … Read more
Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon will report first-quarter earnings after the bell on Tuesday. Here’s what analysts are expecting according to LSEG: Earnings per share: 83 cents Revenue: $142.5 billion Wall Street is also … Read more
A Coca-Cola building in Zagreb, Croatia, Nov. 8, 2023. Denis Lovrovic | AFP | Getty Images Coca-Cola on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations. The beverage giant also raised its full-year outlook for organic revenue. Shares of the company rose less than 1% in premarket trading. Here’s what the company reported … Read more
McDonald’s french fries Picture Alliance | Picture Alliance | Getty Images McDonald’s is expected to report its first-quarter earnings before the bell on Tuesday. Here’s what Wall Street analysts surveyed by LSEG are expecting: Earnings per share: $2.72 expected Revenue: $6.16 billion expected The fast-food giant reported disappointing fourth-quarter sales. Boycotts after its Israeli licensee … Read more
Gas pumps are seen at a Chevron gas station in Orlando. Paul Hennessy | SOPA Images | Lightrocket | Getty Images Chevron beat earnings expectations Friday, but its profit fell from the year-ago period as its refineries and international gas business faced headwinds. Here is what Chevron reported for the first quarter compared with what … Read more
An Exxon gas station is seen on October 06, 2023 in the Brooklyn borough of New York City. Michael M. Santiago | Getty Images Exxon Mobil on Friday reported first-quarter earnings that missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices. Exxon’s stock was down less than … Read more
