IBM shares jump after company reports 6% revenue growth in fourth quarter
IBM's revenue growth accelerated, and the company's net income jumped in the quarter after the spinout of a major part of its business.
CNBC Earnings
Netflix shares fall 20% on slowing subscriber growth
Netflix reported earnings after the bell. Here are the results.
American Airlines posts slightly higher revenue, narrower loss than expected
Delta and United previously warned that the omicron spread would delay a rebound in travel.
Bank of America tops profit estimates on better-than-expected credit costs
How well did Bank of America navigate the jump in employee expenses that has stung rivals?
United warns omicron will delay travel recovery, drive up costs
The Chicago-based airline said it expects first-quarter revenue to be 20% to 25% below the same period in 2019 when it generated $9.59 billion.
Morgan Stanley shares rise after fourth-quarter profit tops estimates
How will Morgan Stanley navigate the next phase in markets?
P&G earnings top estimates as price hikes offset rising costs, company raises 2022 sales forecast
Shares of P&G have climbed 18% in the last 12 months, giving the company a market value of $387 billion.
Goldman shares drop 7% after earnings miss on surging expenses, equities trading slowdown
Amid rising rates and slowing markets, how will CEO David Solomon navigate the next phase?
Citigroup shares slide after fourth-quarter profit declines 26%
Citigroup shares were under pressure Friday after the banking giant reported a steep profit drop for the fourth quarter.
JPMorgan shares fall 6% after CFO lowers guidance on 'headwinds’ including wage inflation
The bank's CFO issued guidance Friday, saying he expected "headwinds" of higher expenses and moderating Wall Street revenue to cause returns to dip.
Wells Fargo's fourth-quarter revenue tops estimate, profit jumps
The fourth biggest U.S. bank by assets posted quarterly revenue that exceeded analysts' expectations.
Delta keeps 2022 profit forecast on travel rebound despite omicron
Delta expects travel to recover this spring after cases of the omicron variant peak.
Omicron disrupts transit, emergency services as workers call out sick: 'Most people are going to get Covid'
"It's hard to process what's actually happening right now, which is most people are going to get Covid," acting FDA Commissioner Janet Woodcock said.
Apple chipmaker TSMC notches another quarterly sales record on strong demand
TSMC, which makes chips for companies like Apple, reported a sixth straight quarter of record sales as demand for its products rose amid a supply crunch.
Walgreens shares give up gains after company warns of rising labor costs to keep up with Covid vaccines and tests
Walgreens said it administered 15.6 million Covid vaccines in the latest quarter — bringing its total to more than 56 million to date.
Bed Bath & Beyond's supply chain issues hammered results. Its stock is up anyway
Bed Bath & Beyond CEO Mark Tritton said a lack of inventory due to supply chain bottlenecks cost the retailer about $100 million.
Nike shares rise as earnings, sales top estimates, fueled by strong North American demand
Nike CEO John Donahoe said the retailer is in a "much stronger competitive position" than it was pre-pandemic.
Darden shares fall as CEO announces plans to retire; Olive Garden parent raises forecast despite planned wage hike
Olive Garden parent Darden Restaurants announced that CEO Gene Lee will retire May 29.
Adobe plunges 10% and has second-worst day in past decade on weak guidance
Adobe's guidance for its fiscal first quarter badly missed analysts' estimates, sending the stock down more than 10%.
Lowe's says pandemic-fueled home improvement demand could cool in year ahead
During an analyst meeting, Lowe's Chief Financial Officer Dave Denton said the retailer is preparing for a "modest sector pullback in 2022."
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