CNBC Earnings

Societe Generale on Wednesday reported a 64% drop in annual net profits for 2022 and said the new year will be challenging.

Maersk, one of the world's largest container shipping firms, on Wednesday reported the best full-year result in its history.

CEO Brian Niccol maintained the company hasn't seen backlash to higher prices for its burrito bowls and tacos, despite declining transactions.

The rental car giant saw year-over-year gains in business from corporate travelers, international travelers and ride-hailing drivers.

Oil major BP's record annual profits follow bumper earnings from energy giants Shell, Exxon Mobil and Chevron.

SoftBank's flagship investment arm, the Vision Fund, has been hit by a slump in technology valuations over the past year.

In China, Starbucks' second-largest market, transactions at cafes open at least 13 months plunged nearly 30%.

Ferrari guided to an even stronger year in 2023, boosted by its high-priced sports cars like the Daytona SP3 and the upcoming Purosangue SUV.

Apple's overall sales for the holiday quarter were about 5% lower than last year's, the first year-over-year sales decline since 2019.  

Amazon exceeded revenue expectations for the fourth quarter, but the stock price slipped on light sales guidance for the first quarter.

Google's core business is mired in a period of slow growth as businesses reel in ad spending.

The automotive industry's earnings and forecasts are being closely watched by Wall Street for any signs of weakening consumer demand.

Penn's sportsbook profit came in spite of a $10 million bet "Mattress Mack" won on the Houston Astros winning the World Series.

The extraordinary scale of the industry's earnings has renewed criticism and sparked calls for a Big Oil windfall profit tax.

Despite lofty net profit figures, Deutsche Bank shares slipped as analysts honed in on the uncertain macroeconomic outlook.

Facebook-parent Meta reported revenue for the fourth quarter that topped estimates and gave a forecast suggesting that sales could rise in the first quarter.

Peloton beat Wall Street's revenue expectations but saw a 52% drop in connected fitness sales during its holiday quarter.

Snap missed on revenue in its fourth-quarter earnings report and the company said revenue in the first quarter is likely to drop.

AMD reported earnings as many of its rival chipmakers have stumbled in recent weeks, citing lower consumer demand for finished electronics.

UPS posted revenue below analyst's estimates as it continues to navigate volume declines as demand cools.