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Communication
Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs
People make their way near a Walgreens pharmacy on March 09, 2023 in New York City. Leonardo Munoz | Corbis News | Getty ImagesWalgreens on Friday reported fiscal first-quarter earnings and revenue that topped expectations, as it…
Delta outlook tops estimates as CEO expects 2025 to be airline’s ‘best financial year in
Ed Bastian, CEO of Delta Airlines, speaking on CNBC's Power Lunch on Dec. 17th, 2024.Adam Jeffery | CNBCDelta Air Lines' first-quarter outlook on Friday topped analyst expectations as the carrier forecast strong travel demand to start…
Corona brewer gets slammed post-earnings, and we question whether to keep the stock
Constellation Brands put up such disappointing quarterly results before Friday's opening bell that we're having second thoughts about whether the beer, wine and spirits stock still belongs in the portfolio. Net sales for the three months…
World’s biggest chipmaker TSMC posts record 2024 revenue as AI boost continues
The logo for Taiwan Semiconductor Manufacturing Company is displayed on a screen on the floor of the New York Stock Exchange on Sept. 26, 2023.Brendan Mcdermid | ReutersTaiwan Semiconductor Manufacturing Co. posted December quarter…
CrowdStrike’s post-earnings stock drop is a buy. Here’s why sellers have it all wrong
CrowdStrike delivered a very good quarter after Tuesday's closing bell, with management raising its full-year outlook on sales, operating income, and earnings. Nonetheless, shares of the cybersecurity firm were selling off as traders…
HP forecasts first-quarter profit below estimates on sluggish demand in PC market
A sign is posted in front of a Hewlett-Packard (HP) office on May 29, 2024 in Palo Alto, California.Justin Sullivan | Getty ImagesHP forecast its first-quarter profit below Wall Street expectations on Tuesday, in a sign of persistent…
CrowdStrike raises annual forecast on steady cybersecurity demand
CrowdStrike Holdings Inc. signage on the floor of the New York Stock Exchange on July 22, 2024.Michael Nagle | Bloomberg | Getty ImagesCybersecurity firm CrowdStrike raised its annual revenue and profit forecasts and beat third-quarter…
EasyJet rakes in record $4.5 billion from fare add-ons as CEO slams ‘unfair’ penalty…
EasyJet on Wednesday reported record revenue from charging passengers for flight add-ons such as extra baggage in the full year to October, as the budget airline's CEO criticized a recent Spanish fine over the practice.The easyJet group,…
Campbell’s falls short of sales estimates, names insider Beekhuizen as CEO
Cans of Campbell's Chicken Noodle Soup are seen in a supermarket in New York.Richard Levine | Corbis News | Getty ImagesCampbell's fell short of market expectations for quarterly net sales on Tuesday and named insider Mick Beekhuizen as…
Okta shares pop 18% on earnings beat, strong guidance
File photo of Todd McKinnon, chief executive officer of Okta Inc.Bloomberg | Bloomberg | Getty ImagesShares of Okta popped more than 18% in extended trading Tuesday after the identity management company released third-quarter results…