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American Airlines shares tumble as outlook falls short
An American Airlines Boeing 787-8 Dreamliner departs from Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty ImagesAmerican Airlines' first-quarter earnings outlook…
Stocks making the biggest moves after hours: Electronic Arts, Alcoa, Discover Financial
Here are the stocks making the biggest moves in the evening of Wednesday, Jan. 22. Electronic Arts — Shares of the video game publisher fell 10% after the company lowered its fiscal third quarter and full-year guidance for net bookings.…
Abbott shares climb despite a mixed quarter. What we want to see before we buy more
Club holding Abbott Laboratories on Wednesday reported mixed fourth-quarter results and 2025 guidance. Still, shares of the medical device maker are up more than 1%, in a sign that investors had low expectations into the release. Revenue…
Netflix to hike prices on standard and ad-supported streaming plans
The word "Netflix" shines brightly at the presentation of the new season (3) of the Netflix series "Bridgerton" in the Flora.Rolf Vennenbernd | Picture Alliance | Getty ImagesNetflix is hiking the price of most of its U.S. plans.The…
Wall Street has high hopes for strong earnings in 2025, but plenty of hurdles await
How much post-election optimism does corporate America have? We are about to find out. Here's the good news on earnings: Earnings tailwinds for 2025 Strong earnings growth (14.0%) Profit margins near record highs Broader earnings…
Earnings playbook: Your guide to this week’s biggest reports, including Netflix
It's a short week on Wall Street, but there are major earnings reports on deck that could move the stock market. Netflix, Johnson & Johnson and United Airlines are among the 35 S & P 500 companies slated to post their latest…
BlackRock assets hit record $11.6 trillion in fourth quarter
BlackRock's assets hit a record high of $11.6 trillion in the fourth quarter of last year as the world's largest money manager posted a 21% profit jump, with fee income buoyed by stronger equity markets.Assets managed by the New…
BlackRock delivers earnings beat that proves recent sellers of the stock wrong
BlackRock reported better-than-expected earnings Wednesday, lifting shares of the asset management giant higher as it embarks on a pivotal year of expansion into fast-growing markets. Revenue of $5.68 billion in the three months ended…
Wells Fargo shares surge post-earnings as Wall Street wisely focuses on the big picture
Wells Fargo shares rallied Wednesday after the bank delivered better-than-expected earnings for the fourth quarter. While the reported numbers were solid, an upbeat outlook for 2025 stole the show. Total revenue for the three months…
UnitedHealth’s quarterly revenue misses on weakness in insurance unit
The logo of UnitedHealth appears on the side of one of its office buildings in Santa Ana, California, on April 13, 2020.Mike Blake | ReutersUnitedHealth's fourth-quarter revenue missed Wall Street estimates on weakness in its health…