Business News
Earnings: Pinterest stock surges as strong user growth lifts Q2 revenue; loss narrows
Revenues of Pinterest, Inc. (NASDAQ: PINS) increased in the second quarter and exceeded estimates as the company added more users.…
Earnings: Verizon Q2 profit beats Street view on wireless strength; revenues miss
Verizon Communications (NYSE: VZ) reported higher earnings for the second quarter that topped the Street view. The bottom line benefitted…
Earnings preview: Here’s a look at what is brewing in Starbucks ahead of Q3 report
Starbucks (Nasdaq: SBUX) is one of the rare Wall Street stocks that consistently stayed on the growth path, mostly unaffected…
Earnings preview: Will record deliveries help Tesla return to profitability in Q2?
The financial performance of Tesla (Nasdaq: TSLA) has been mixed in the recent quarters, and the electric car maker continues…
Earnings preview: With the right ingredients in place, Chipotle is in for a buoyant Q2
Chipotle Mexican Grill, Inc. (NYSE: CMG) is thriving on the success of its digital transformation and the positive response to…
Earnings preview: Will new biz model help Coca-Cola beat currency woes in Q2?
The overall performance of Coca-Cola (NYSE: KO) has been negatively impacted by macroeconomic headwinds for some time, including unfavorable foreign…
Earnings: American Express Q2 results beat on strong card member spending; reaffirms FY19 outlook
Revenues of credit card company American Express (NYSE: AXP) increased in the second quarter and surpassed the estimates, driving the…
Earnings: Intuitive Surgical Q2 results beat on strong sales of da Vinci systems
Earnings and revenues of robotic surgery leader Intuitive Surgical (Nasdaq: ISRG) rose sharply in the second quarter, aided by a…
Schlumberger to post weak Q2 results as North America woes persist
Oilfield services giant Schlumberger (NYSE: SLB) will be unveiling its second-quarter financial results on Friday before the market opens. Considering…
Morgan Stanley Q2 earnings, revenue fall on trading slump but beat Street view
Investment banking firm Morgan Stanley (NYSE: MS) reported a decline in second-quarter earnings and revenues amid continued weakness in the…
Earnings preview: Here’s all you need to know ahead of Skechers’ Q2 report
Skechers, Inc. (NYSE: SKX) has been an investors’ favourite due to its positive earnings surprises and stable financial performance in…
Earnings preview: UnitedHealth bets on Medicare plans, Optum biz to drive Q2 growth
Health insurance giant UnitedHealth (NYSE: UNH) will be announcing its second-quarter financial results Thursday before the opening bell. While the…
Bank of America Q2 earnings top estimates, revenues miss
Bank of America (NYSE: BAC) reported higher earnings and revenues for the second quarter. While earnings exceeded the market’s expectations,…