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Loyalty members, sales push Starbucks profit higher in Q3
Coffee-shop chain Starbucks posted third-quarter earnings on Thursday, with net revenue jumping 11% to a record $6.3 billion. Profit was…
Electronic Arts Q1 profit dips; stock falls on weak guidance
Earnings of video game publisher Electronic Arts (EA) declined in the first quarter of 2019 when a sharp fall in…
Mastercard stock falls despite Q2 earnings beat
A marked increase in revenues lifted Mastercard’s (MA) earnings, which surpassed analysts’ forecast in the second quarter. However, shares of…
Fiat Chrysler cuts outlook; auto legend Sergio Marchionne passes away
Fiat Chrysler Automobiles N.V. (FCAU) stock opened lower and remained grounded after an unexpected 35% dip in profit for the…
AMD defies crypto blues; stock jumps as Q2 results beat street view
Semiconductor firm Advanced Micro Devices (AMD) reported upbeat earnings for the second quarter when revenues surged as the strong demand…
Facebook misses on topline in Q2; stock crashes 9%
Facebook’s shares tumbled 9% Wednesday after it reported second-quarter revenue that missed street expectations. Revenue grew 42% to $13.23 billion…
GM stock falls after guidance cut; Q2 earnings beat estimates
General Motors shares plunged Wednesday after the company lowered its full-year earnings guidance to reflect higher commodity prices, mainly owing…
Verizon eyes partnership with Apple or Google to deliver 5G TV
Telecom giant AT&T (T) and Verizon Communications (VZ) are the two companies that have made bold promises to roll out…
3M reports 7.4% rise in revenue
Industrial mammoth 3M (MMM) today reported second-quarter results that easily topped analysts expectations. The company reported earnings of $3.07 a…
Biogen stock gains on upbeat Q2 results
Biotechnology giant Biogen (BIIB) reported second-quarter results that exceeded analysts' estimates, pushing the shares up more than 5% during pre-market…
Verizon Q2 profit rises on subscriber growth, tops view
Telecommunications giant Verizon (VZ) reported its second-quarter results Tuesday, the last quarterly results under CEO Lowell McAdam who will be…
LIVE BLOG: Alphabet Q2 2018 earnings call
After-market hours, stock is up 5% at 5:30 PM ET at $1,257.99 In terms of the investment priorities, Alphabet believes…
Alphabet stock gains as Q2 earnings surge past estimates
A further spike in ad sales lifted Google parent Alphabet’s (GOOG, GOOGL) earnings in the second quarter, when the company…
Desperate for profits, Musk turns to suppliers for refund
In almost 15 years of its existence, Tesla (TSLA) has never made a profit. But despite its liquidity woes, the…
JetBlue earnings preview: Will quarterly numbers act as a tailwind?
JetBlue Airways Corporation (JBLU) will report its earnings results for the second quarter of 2018 on July 24. For the…