CNBC Earnings

The plans aim to reduce Illumina's annualized run rate expenses by more than $100 million starting later this year.

JetBlue posted a loss for the first three months of the year but forecast a profit for the second quarter thanks to strong travel demand.

UPS reported first-quarter misses on both earnings and revenue amid contentious contract negotiations and deceleration in U.S. sales.

Shares of McDonald's have risen 11% this year, giving it a market value of $214 billion.

PepsiCo said its strong first quarter prompted it to raise its outlook for the year.

General Motors on Tuesday raised key guidance for 2023 after reporting first-quarter results that topped Wall Street's top- and bottom-line forecasts.

UBS reported $1.03 billion in net profit for the first quarter, down 52% year-on-year amid a legacy litigation matter.

Nestle raised prices by 8.2% in 2022, but CEO Mark Schneider had warned further rises were to come to defend its margins.

The deposit flight for the regional bank was worse than Wall Street expected.

Coke's stock has risen less than 1% in 2023, and the company has a market value of $277 billion.

The stricken Swiss lender posted a one-off 12.43 billion Swiss franc profit for the first quarter of 2023, due to the controversial write-off of 15 billion Swiss francs of AT1 bonds by the Swiss regulator as part of its emergency takeover by domestic rival UBS.

Procter & Gamble beat earnings expectations as higher prices helped offset lower demand for its products.

Tesla specified in a shareholder deck that "underutilization of new factories" stressed margins, contributing to the drop in earnings from last year.

Finnish telecoms giant Nokia on Thursday posted quarterly operating profit that fell short of market expectations.

IBM missed on revenue, but reduced expenses contributed to better-than-expected profit

Abbott Laboratories said Covid-related headwinds may actually be easing.

United reported a loss for the first three months of the year but forecast a profit for the second quarter, when the peak summer travel season picks up.

Morgan Stanley gets most of its revenue from wealth and investment management, steadier businesses that helped offset volatile trading and advisory results.

Netflix reported earnings after the bell. Here are the results.

J&J, whose financial results are considered a bellwether for many health companies, said its first-quarter sales grew 5.6% over the same quarter last year.