4 years 3 months ago
Of the four major banks to report second-quarter results this week, only Citigroup topped expectations for revenue.
4 years 3 months ago
Analysts and investors have been closely poring over bank results for any signs of stress on the U.S. economy.
4 years 3 months ago
Chairman and CEO Jamie Dimon warned geopolitical tension, high inflation and waning consumer confidence could hurt the economy "sometime down the road."
4 years 3 months ago
Wall Street banks are grappling with the collapse in IPOs and debt and equity issuance this year.
4 years 3 months ago
Despite strong Q2 results, TSMC CEO CC Wei said that some of the company's capital expenditure would be "pushed out into 2023."
4 years 3 months ago
Delta said both leisure and business travel demand improved sharply in the second quarter.
4 years 3 months ago
PepsiCo raised its revenue outlook for the year as consumers snacked on more Doritos chips and drank more Gatorade, even as prices increased.
4 years 3 months ago
Temasek Holdings reported that the net value of its portfolio grew to $286.48 billion at the end of March — surpassing last year's record high.
4 years 3 months ago
Levi Strauss second quarter earnings topped analyst estimates.
4 years 3 months ago
Samsung's second quarter earnings guidance, which provided relief for investors, helped drag up shares of chipmakers TSMC, UMC and SK Hynix.
4 years 3 months ago
The drugstore reiterated its forecast for the year after seeing online purchases jump and retail sales bounce back in the quarter.
4 years 3 months ago
The home goods retailer has faced months of challenges, with supply chain woes and pressure from activist investor Ryan Cohen.
4 years 3 months ago
High-end furniture chain RH on Wednesday slashed its outlook for 2022 revenue.
4 years 3 months ago
Nike posted better-than-expected sales and profit for its fiscal fourth quarter.
4 years 3 months ago
Olive Garden's parent company issued a mixed forecast for fiscal 2023 as it prepares to face inflation and economic uncertainty.
4 years 3 months ago
Adobe cited foreign-exchange challenges, along with other software companies, as well as the war in Ukraine when it gave lower-than-expected guidance.
4 years 4 months ago
Credit Suisse said on Wednesday that it is likely to post a loss for the second quarter as the war in Ukraine and monetary policy tightening squeeze its investment bank.
4 years 4 months ago
Oracle exceeded estimates on the top and bottom lines for its fiscal fourth quarter.
4 years 4 months ago
DocuSign has struggled this year alongside the rest of the cloud software sector.
4 years 4 months ago
Target said it will take a short-term hit from markdowns, but wants to clear room for groceries, back-to-school supplies and other items consumers want.
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