CNBC Earnings

British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, boosted by higher refining margins and robust oil trading.

Carvana reported record first-quarter results Wednesday that beat Wall Street's top- and bottom-line earnings expectations for the online used car retailer.

Hong Kong-listed shares of Chinese electric vehicle maker Nio Inc jumped 20% in early trading, after its vehicle deliveries more than doubled in April.

Qualcomm called out strong demand for "premium tier" smartphones that require the most advanced chips.

Starbucks, Pizza Hut and KFC are among the chains that reported same-store sales declines this quarter.

The market reaction does not accurately reflect the positive underlying trends we're seeing at Estee Lauder.

CVS and other insurers have seen medical costs spike as many Medicare Advantage patients return to hospitals to undergo procedures they delayed during Covid.

The pharmaceutical giant's quarterly results also benefited from a smaller-than-feared drop in sales for its Covid antiviral pill Paxlovid.

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Once the company works through the excess inventory in every business line, we expect the stock to command a higher multiple. 

Shares rose on a strong quarter. The upside, however, was tempered by a lower-than-expected outlook.

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

CEO Joseph Otting took over NYCB in April after an investor group led by former Treasury Secretary Steven Mnuchin injected more than $1 billion into the lender.

Across all regions, Starbucks reported shrinking same-store sales and falling traffic.

KFC and Pizza Hut reported same-store sales declines, while Taco Bell's same-store sales rose just 1%.

Adjusted loss before tax was £110.5 million ($137.8 million) compared to a loss of £57.3 million the previous year.

The first-quarter shortfall is disappointing, but the stock's steep sell-off is an overreaction.

Starbucks is dealing with too many headwinds right now. This is a decline we do not have plans of immediately buying.

AMD sells AI chips that compete with Nvidia, but it makes most of its money from PC chips.

Amazon's cloud unit is delivering the best operating margin at least since 2014.