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Procter & Gamble earnings beat estimates as shoppers buy more household staples
Procter & Gamble on Wednesday reported quarterly earnings and revenue that beat analysts' expectations, thanks to better sales in the U.S. and China, its two largest markets.Shares of the company rose more than 3% in morning…
EA shares drop 7% after company lowers guidance due to weakness in soccer, other games
Visitors play the 'EA Sports FC 25' game in front of a placard with England's midfielder Jude Bellingham at the Electronic Arts booth during the media day at the Gamescom video games trade fair in Cologne, western Germany on Aug. 21,…
Earnings playbook: Tech giants Apple and Meta Platforms lead a busy week of reports
The busiest week of the earnings season is here, with some of the world's largest tech companies slated to report. Apple, Microsoft and Meta Platforms are among the roughly 90 S & P 500 companies due to post their latest quarterly…
SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
Illustration of the SK Hynix company logo seen displayed on a smartphone screen.Sopa Images | Lightrocket | Getty ImagesSouth Korea's SK Hynix, one of the largest memory chipmakers in the world, posted record quarterly earnings Thursday…
EA shares plunge 19%, on track for worst day since dot-com bubble
A sign is posted in front of the Electronic Arts headquarters in Redwood City, California, on March 30, 2023.Justin Sullivan | Getty ImagesShares of Electronic Arts headed for their steepest drop since 1999 after the video game publisher…
American Express CFO says spending picked up at year-end, thanks to millennials and Gen Z
Silas Stein | Picture Alliance | Getty ImagesAmerican Express' affluent cardholders got comfortable spending more freely again late last year, Chief Financial Officer Christophe Le Caillec told CNBC.Spending on AmEx cards jumped 8% year…
Twilio shares pop 20% for biggest gain since Covid pandemic on growth forecast
Twilio CEO Khozema Shipchandler speaks at Twilio's Signal event in Sao Paulo on Aug. 14, 2024.Courtesy: TwilioTwilio shares soared 20% on Friday, their biggest gain since the early days of the Covid pandemic, after the cloud…
Twilio stock surges after company issues optimistic 2027 profit forecast
Twilio CEO Khozema Shipchandler speaks at Twilio's Signal event in Sao Paulo on Aug. 14, 2024.Courtesy: TwilioCloud communications software maker Twilio on Thursday issued a hopeful profit forecast for the next few years.The company sees…
Stocks making the biggest moves after hours: Boeing, Texas Instruments, CSX, Intuitive
Check out the companies making headlines after the bell : Boeing — The airplane maker saw shares dropping nearly 2% in after-hours trading after the company released preliminary fourth-quarter financial results. The company said it…
Boeing expects $4 billion loss for fourth quarter after chaotic 2024
An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington.Lindsey Wasson | ReutersBoeing said Thursday that it likely…