CNBC Earnings

Shares of German software company SAP jumped Wednesday after it announced plans to restructure the jobs of 8,000 staff in a push toward artificial intelligence.

Procter & Gamble on Tuesday reported mixed quarterly earnings and revenue for its fiscal second quarter.

The results come six months after J&J completed its spinoff of consumer health unit Kenvue, the company's biggest shake-up in its nearly 140-year history.

The world's largest contract chipmaker TSMC on Thursday posted better-than-expected profit and revenue for the fourth quarter of 2023.

Hope is building that Goldman Sachs can turn a corner after pivoting away from CEO David Solomon's failed consumer banking efforts.

Morgan Stanley reported fourth-quarter earnings before the bell Tuesday that were lower than a year ago.

Delta is the first of the major U.S. carriers to report earnings this period.

Bank of America's net income fell to $3.1 billion in the fourth quarter from $7.1 billion a year ago.

Wells Fargo shares fell Friday even after fourth-quarter profit rose from a year ago.

JPMorgan is watched closely for clues on how banks fared amid volatile interest rates and rising loan losses.

Citigroup CEO Jane Fraser announced plans for a sweeping corporate reorganization in September after previous efforts failed to boost the bank's share price.

Walgreens cut its dividend to 25 cents per share to "strengthen [its] long-term balance sheet and cash position," said CEO Tim Wentworth.

Nike said the plan will cost between $400 million and $450 million in pretax restructuring charges that will largely come to fruition in the current quarter.

It's the second consecutive quarter FedEx has lowered its sales guidance.

Darden Restaurants, which owns Olive Garden and Longhorn Steakhouse, raised its annual earnings-per-share guidance.

Adobe's guidance for 2024 missed analysts' estimates for revenue and profit.

Demand for Oracle cloud services is growing fast, but analysts had expected more overall revenue in the most recent quarter.

Lululemon struck a positive tone about the holiday shopping season on Thursday, but its fourth-quarter guidance came in light of expectations.

The retailer said it will put more workers in the front of the stores, slow down store openings and step up efforts to keep merchandise in stock.

As more of GitLab's customers are making larger commitments, GitLab is able to expand its operating margin.