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Snap plunges 13% on ‘headwinds’ to start quarter, inability to offer guidance
Snap CEO Evan Spiegel speaks during the Semafor World Economy Summit 2025 at Conrad Washington in Washington, D.C., on April 23, 2025.Kayla Bartkowski | Getty ImagesSnap reported better-than-expected first-quarter revenue Tuesday but…
PayPal reports first-quarter earnings beat, maintains forecast
CEO of PayPal Alex Chriss speaks during the Semafor 2025 World Economy Summit at Conrad Washington on April 24, 2025 in Washington, DC. Alex Wong | Getty ImagesPayPal reported better-than-expected earnings for the first quarter, but the…
Deutsche Bank posts 39% jump in profit, lifts credit provisions amid U.S. tariffs
A sign for Deutsche Bank AG at a bank branch in the financial district of Frankfurt, Germany, on Thursday, Feb. 2, 2023. Bloomberg | Bloomberg | Getty ImagesGermany's largest lender Deutsche Bank on Tuesday posted higher-than-expected…
NXP Semi shares sink on tariff concerns, CEO Kurt Sievers to step down
Kurt Sievers, chief executive officer of NXP Semiconductors NV, during the Federation of German Industries (BDI) conference in Berlin, Germany, on Monday, June 19, 2023. Liesa Johannssen-Koppitz | Bloomberg | Getty ImagesNXP…
PayPal kicks off fintech earnings as investors fear impact of Trump tariffs on consumer
FILE PHOTO: A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14, 2021. Dado Ruvic | ReutersPayPal, Block and Affirm are all closely tied to the health of the consumer, which has investors on edge…
PepsiCo cuts earnings forecast as it predicts ‘uncertainty’ in tariffs, consumer…
PepsiCo on Thursday reported mixed quarterly results as its international sales offset weaker demand in North America.The food and beverage giant also cut its forecast for core constant currency earnings per share, citing new tariffs,…
Earnings playbook: Apple and Meta highlight the busiest week of the season
The busiest week of the earnings season is here, as investors look to some of the biggest companies in the world for guidance on how the global trade could impact their bottom lines. More than 160 S & P 500 members are slated to…
Why we’re lowering our Bristol Myers price target despite an earnings beat, guidance
Bristol Myers Squibb 's earnings beat and rosy outlook Thursday did not resolve lingering issues for the stock. But it was enough, for now. Revenue in the first quarter, which ended March 31, dipped 6% to $11.2 billion but topped…
Merck lowers profit outlook, partly due to $200 million expected tariff hit
Nurphoto | Nurphoto | Getty ImagesMerck on Thursday lowered its full-year profit guidance, citing $200 million in estimated costs for tariffs and a charge tied to a recent deal.The company now expects its 2025 adjusted earnings to come…
Industrial conglomerate Dover cut its guidance — here’s why the stock is rallying anyways
Shares of Club name Dover climbed higher Thursday after the industrial conglomerate reported mixed first-quarter results. Although the company lowered its full-year outlook, the market quickly caught on to management's conservatism,…