Higher labor costs dent Delta's profit forecast but travel demand is still strong
Delta and other airlines had said demand remained strong throughout the quarter.
CNBC Earnings
Citigroup's fourth-quarter profit declines by 21% as bank sets aside more money for credit losses
Citigroup reported fourth-quarter earnings on Friday. Here's how they did.
Bank of America tops expectations as higher rates help offset declines in investment banking
Bank of America saw yearly gains in net interest income thanks to higher rates in the fourth quarter.
Wells Fargo shares rise even as bank's profits cut in half by higher reserves, settlement costs
The disappointing earnings report came after Wells Fargo said earlier this week that it would retrench from the U.S. mortgage market.
JPMorgan tops estimates for fourth-quarter revenue, but says mild recession is now 'central case’
JPMorgan, the biggest U.S. bank by assets, now expects a recession as its most likely scenario.
American Airlines shares jump nearly 10% after airline hikes revenue and profit outlook
Strong demand and high fares lifted American Airlines fourth-quarter revenue.
Bed Bath & Beyond reports wider-than-expected loss as possible bankruptcy looms
Days after Bed Bath warned of potential bankruptcy, it reported negative operating cash flow for the third quarter and ballooning net losses.
Walgreens shares fall even after quarterly results top expectations
Walgreens Boots Alliance reported fiscal first-quarter earnings before the bell Tuesday.
Constellation Brands' shares tumble as higher costs hit beer supply chain
Constellation Brands' shares tumble as cost increases plague beer supply chain
Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year
Tesla reports 1.31 million deliveries in 2022, growth of 40% over last year
Semiconductor maker Micron announces 10% staff reduction, suspends bonuses
Micron said it would hit its reduction target through voluntary departures as well as layoffs.
Nike surges after results top expectations and retailer shows inventory progress
Nike reported fiscal second-quarter earnings after the bell Tuesday.
FedEx plans more cost cuts as soft demand hurts profits
FedEx said it will be able to cut another $1 billion in costs beyond what it previously forecast.
Olive Garden parent company Darden beats estimates, raises outlook
Darden Restaurants, the parent company of Olive Garden and LongHorn Steakhouse, raised its outlook for the year.
Adobe stock climbs on a more profitable quarter than predicted
The design software company saw revenue growth slow sequentially, including in the key Creative category. But it maintained full-year guidance from October.
Satellite imagery venture Planet delivers record quarter, sees annual revenue nearing $200 million
Planet delivered record results for the third quarter and forecast nearly $200 million in annual revenue.
Oracle beats on top and bottom lines
Oracle reported better-than-expected results in the fiscal second quarter, as cloud infrastructure revenue jumped.
TSMC bucks broader chip slump with 50% revenue surge, helped by Apple iPhone orders
The world's largest contract chipmaker reported the November surge thanks in part to orders of semiconductors for high-end smartphones such as Apple's iPhone.
Lululemon shares fall after company offers weak holiday quarter guidance
Lululemon reported sales and profit that topped estimates, but the company offered softer guidance than expected for the fourth quarter.
GameStop shares rise after earnings report
GameStop posted a decline in revenue, but its net loss narrowed from a year ago.
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