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Intel issues weak forecast, but beats on fourth-quarter results
Intel issued disappointing quarterly guidance on Thursday, but reported earnings and revenue that topped estimates. Shares were up 3% after hours.Here's how the company did in the fourth quarter compared with LSEG estimates:Earnings per…
Deutsche Bank shares drop after quarterly profit falls, cost target scrapped
Germany's largest lender Deutsche Bank on Thursday reported weaker-than-expected profit that fell sharply in the last three months of 2024, as legal provisions weighed on the bottom line.Frankfurt-listed shares of the bank pared back…
Oil giant Shell raises dividend despite larger-than-expected drop in full-year profit
A Shell logo is displayed on May 03, 2024 in Austin, Texas.Brandon Bell | Getty Images News | Getty ImagesBritish oil giant Shell on Thursday reported a significant drop in annual profit, citing higher exploration write-offs, lower…
Microsoft shares slip on light quarterly Azure growth
Satya Nadella, CEO of Microsoft, arrives for the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, July 9, 2024.Brendan McDermid | ReutersMicrosoft shares tumbled as much as 5%…
ASML shares jump as surge in orders defies fears of DeepSeek hitting AI chip demand
A logo on the exterior of the ASML Holding NV headquarters in Veldhoven, Netherlands, on Wednesday, Jan. 24, 2024.Peter Boer | Bloomberg | Getty ImagesDutch semiconductor giant ASML on Wednesday reported a big jump in fourth-quarter net…
We’re increasing our price target on Starbucks after CEO Brian Niccol shows signs of
Starbucks reported better than expected quarterly results Tuesday evening — initially sending shares higher in choppy after-hours trading. Even though the company's same-store sales declined for the fourth straight quarter, early signs…
Boeing CEO upbeat on recovery plan after company’s biggest annual loss since 2020
Kelly Ortberg speaks at the 14th annual U.S. Chamber Of Commerce Foundation Aviation Summit in downtown Washington, D.C.Kris Tripplaar | SIPPL Sipa USA | APBoeing CEO Kelly Ortberg on Tuesday said the company is making progress on its…
General Motors is set to report earnings before the bell. Here’s what Wall Street expects
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021.Rebecca Cook | ReutersDETROIT — General Motors is set to report fourth-quarter earnings before the bell Tuesday.Here is what Wall Street is…
Budget airline Ryanair cuts passenger traffic goal again on Boeing delays
Passengers wait to board an aircraft of low cost Irish airline Ryanair at the Berlin-Brandenburg airport in Schoenefeld near Berlin, Germany, on March 13, 2024.John Macdougall | Afp | Getty ImagesBudget airline Ryanair on Monday reported…
AT&T’s bundled 5G, fiber plans boost holiday-quarter subscriptions
AT&T's fourth-quarter wireless subscriber growth surpassed expectations on Monday, fueled by strong demand for its discounted premium plans combining 5G mobile with high-speed fiber data services.The U.S. telecom giant added 482,000…