Corporate earnings — quarterly results, revenue surprises, guidance, and analyst reactions.
Microsoft cuts capex forecast on AI capacity delays
Microsoft lowered its 2026 capital expenditure forecast to $170 billion from $175 billion, CFO Amy Hood said on the company's fiscal first-quarter ear…
Ford Motor is set to report earnings after the bell. Here's what Wall Street expects
Ford Motor beat third-quarter adjusted earnings estimates but slightly missed revenue expectations. The company reported adjusted free cash flow of $4…
Boeing stock sinks 9% as company says it won't significantly ramp up 737 Max production until late 2027
Boeing shares plummeted 9% on Monday as the aerospace manufacturer signaled a dramatic slowdown in its 737 Max production recovery timeline. The compa…
Microsoft offers voluntary buyouts to 60,000 employees as AI leads to efficiency push
Microsoft launched a voluntary buyout program targeting 60,000 of its workforce as the software giant pursues aggressive efficiency gains tied to its …
Biotech stocks are surging. How investors can play the new drug innovation boom
The biotech sector is experiencing a powerful rally driven by a convergence of clinical trial successes, merger and acquisition activity, and technolo…
The Long Life of the ‘Snacking Occasion’
# The Endless Snacking Economy The global food industry has fundamentally reshaped how consumers think about eating. Rather than confining consumptio…
Intel hits construction milestone at Ohio chip fab that’s at least 5 years behind schedule
Intel reached a construction milestone at its Ohio semiconductor fabrication plant by installing the first major structural truss, but the project rem…
Netflix posts third-quarter earnings beat, but shares fall on advertising and revenue guidance
Netflix delivered a third-quarter earnings beat, handily clearing analyst expectations on both earnings per share and revenue. The streaming giant pos…
Netflix Is Great at Making Money. Its Problem Is Keeping Viewers Hooked.
Netflix posted strong financial performance in its latest quarter, with revenue climbing 12 percent year-over-year. Yet the streaming giant confronts …
Here's what to expect when Netflix reports earnings after the bell
Netflix reports fourth-quarter earnings after market close on January 30, delivering results that will test whether the streaming giant's latest growt…
Duolingo started at buy with $222 price target at Seaport
# Seaport Research Initiates Coverage on Duolingo at Buy With $222 Price Target Seaport Research has entered the Duolingo conversation with fresh ini…
Apple’s $1,999 iPhone Duo puts the company's status-symbol power to the test
Apple launched its $1,999 iPhone Duo foldable model, testing whether the company can push premium pricing further into its product lineup while genera…
Netflix Hurries to Rewrite Its Narrative With Layoffs and a Sudden Firing
Netflix has initiated a significant operational overhaul, cutting 1,000 jobs and firing Chief Content Officer Bela Bajaria despite posting strong fina…
Hybe shares jump 10% as K-pop sensation BTS' tour lifts earnings hopes
Hybe shares surged 10 percent on the back of mounting optimism around BTS' comeback tour and accelerating international demand for its newer K-pop ros…
Netflix Replaces Bela Bajaria as Chief Content Officer
Netflix made an executive leadership shift Wednesday, naming Peter Rice as its new Chief Content Officer, replacing Bela Bajaria after less than two y…
Southwest is overhauling its frequent flyer program. Here's what's changing
Southwest Airlines is scrapping its two-tier frequent flyer structure and launching a completely redesigned loyalty program with three new membership …
Netflix, Facing Slowing Growth, Cuts 6% of Its Work Force
Netflix cut 6% of its workforce, reducing headcount by approximately 650 employees across the company as growth stalls and engagement metrics plateau.…
UnitedHealth shares are doing something unusual ahead of earnings
UnitedHealth Group's stock is trading at elevated levels as the company approaches its earnings report, signaling investor confidence despite the comp…
Delta Air Lines cuts 2026 forecast on fuel surge, but CEO says demand is still strong
Delta Air Lines faces headwinds from elevated fuel costs despite robust travel demand, forcing the carrier to trim its 2026 revenue forecast and disap…
Shifting Eating Habits Have PepsiCo Investors Seeking Operational Changes
PepsiCo faces mounting investor pressure to reshape its North American operations despite posting higher quarterly sales. The beverage and snack giant…
Shifting Eating Habits Push PepsiCo to Weigh Options, Including a Split
PepsiCo faces mounting pressure to reshape its business model as North American consumers retrench on spending and pursue lower-calorie options, forci…
Samsung forecasts record third-quarter profit of $80 billion as AI boom fuels chip demand
Samsung Electronics projects record third-quarter operating profit of 100 trillion won, equivalent to approximately $80 billion, marking the first tim…
Paramount Closes Merger With Warner Bros. Discovery to Form Skydance
Paramount Global and Warner Bros. Discovery have completed their merger to form Skydance, ending months of legal disputes and regulatory hurdles that …
Satya Nadella reinvented Microsoft once. Can he do it again in the AI era?
Satya Nadella's track record of transformation at Microsoft positions him as the architect steering the company through its third major reinvention in…
GM says hybrid vehicles are coming: 'We're not tone deaf to our customers'
General Motors is committing to a significant expansion of its hybrid vehicle lineup, signaling a strategic shift in response to persistent consumer d…
P.&G.’s Chief on Whether Brand Loyalty Is Enough When Prices Keep Climbing
# P&G's Jejurikar Charts Path Through Inflation as Brand Loyalty Faces Price-Sensitivity Test Procter & Gamble's newly installed chief executive Shai…
Weight Loss Drugs Give Restaurants a New Hurdle: Diners Who Eat Less
Weight-loss drugs like Ozempic and Wegovy are creating an unexpected headwind for restaurant operators across the sector. As more Americans adopt thes…
Cerebras stock hits post-IPO low, tumbling 20% for the week on Nvidia pressure and lockup expiration
Cerebras Systems (CBRS) stock plunged to a post-initial public offering low this week, dropping 20% as the AI chip maker faces dual headwinds from com…
Ford fends off Hyundai to retain No. 3 U.S. sales position in third quarter
Ford Motor Company held onto its third-place position in U.S. vehicle sales during the third quarter, despite reporting a 6.6% year-over-year decline …
Why Lilly and Novo are betting on amylin to power a new wave of obesity drugs after GLP-1s
Eli Lilly and Novo Nordisk are moving beyond GLP-1 receptor agonists to develop amylin-based therapeutics, marking a strategic shift in how pharmaceut…
Nike shares drop as retailer posts disappointing sales, announces layoffs as part of restructuring
Nike shares fell sharply following the retailer's announcement of disappointing sales and a significant workforce reduction as part of a broader restr…
General Motor Q3 sales drop 5.5%, while Toyota buoyed by EVs, hybrids
General Motors reported a 5.5% decline in third-quarter sales, signaling weakness in the Detroit automaker's core business as consumer appetite for el…
Nike is set to report earnings after the bell. Here's what to expect
Nike prepares to face investor scrutiny as the athletic apparel giant reports quarterly earnings with forecasts pointing to another period of sliding …
Eli Lilly says closely watched combo obesity regimen boosts weight loss in mid-stage trial
Eli Lilly released positive mid-stage trial data for a combination obesity treatment that pairs its experimental amylin drug eloralintide with tirzepa…
El Pollo Loco to open first New York restaurant as it aims to become national chicken chain
El Pollo Loco, the flame-grilled chicken chain, is expanding into New York City for the first time, with a Queens location launching next year. This m…
Meta hires MongoDB CEO CJ Desai to lead enterprise unit. MongoDB shares crater
Meta Platforms has recruited MongoDB CEO CJ Desai to lead its newly created Meta Enterprise Platform unit, a strategic move signaling the company's pu…
Two of China’s EV Makers Announce a Deal as Auto Industry Moves Toward Consolidation
China's electric vehicle sector has entered a consolidation phase as two major automakers move to streamline operations. The merger of battery swappin…
Coca-Cola hires Rob Gehring from Monster Energy to run its North American operations
Coca-Cola tapped Rob Gehring, a veteran energy drink executive, to lead its North American operations, signaling the beverage giant's push to stabiliz…
Starbucks to Close 250 Stores in the US
Starbucks announced plans to close 250 U.S. locations, marking a significant pullback in its domestic footprint as the coffee chain confronts profitab…
McDonald's CEO expects high inflation, flat traffic are not going away for restaurant industry
McDonald's CEO Chris Kempczinski has signaled that the restaurant industry faces a prolonged period of headwinds from persistent inflation and stagnan…
Eli Lilly CEO tells CNBC one-third of new GLP-1 pill patients are taking Foundayo, as drugmaker ramps up production
Eli Lilly's chief executive told CNBC that roughly one-third of patients new to GLP-1 therapy are choosing Foundayo, the company's oral formulation of…
Williams-Sonoma's stock has soared in a sluggish housing market. Here's how it won over Wall Street
Williams-Sonoma's stock has defied the broader home furnishings slump, posting strong gains even as the housing market remains subdued. The company ha…
Rivian C.E.O. RJ Scaringe Has Some Ideas for How to Make More Cars in America
Rivian Automotive's chief executive RJ Scaringe laid out a three-pronged strategy for sustaining U.S. car manufacturing competitiveness, centering on …
How to Lure the Spendy and the Thrifty? Bring On the ‘Barbell.’
Restaurant chains confront a polarized consumer landscape. Affluent diners maintain spending power while middle-income households tighten budgets. Rat…
Dell stock jumps on RBC initiation, now up nearly 350% in 2026
Dell Technologies shares surged after RBC Capital Markets initiated coverage with a bullish rating, extending gains that have pushed the stock up near…
Apple makes biggest change to iPhone release cadence in 7 years in Ternus' first showcase as CEO
Apple delivered a watershed moment in its product calendar under new CEO John Ternus, departing from the rigid annual iPhone release schedule that has…
Samsung works to draw iPhone users to its foldables even as Apple enters the market
Samsung faces a critical juncture as it attempts to convert Apple iPhone users to its foldable smartphone lineup, even as the tech giant prepares to e…
AstraZeneca's COPD drug scores two late-stage trial wins as full data boosts blockbuster hopes
AstraZeneca has achieved two late-stage trial victories for its experimental chronic obstructive pulmonary disease (COPD) therapy, with full data read…
Nvidia supplier Wistron's shares drop after it announces $1.5 billion global stock sale
Wistron Corporation, a major contract manufacturer and Nvidia supplier, announced a $1.5 billion global stock offering Tuesday, sending its shares int…
Tesla's stock drops 6% as Cybercab update 'underwhelms' Wall Street
Tesla stock fell 6% following an underwhelming Cybercab unveiling that failed to meet Wall Street expectations. The electric vehicle manufacturer unve…
The Heart Drug Pelacarsen Fails, Shocking Novartis and Cardiologists
Novartis suffered a major clinical setback as pelacarsen, its investigational heart disease treatment, failed to meet primary endpoints in a pivotal t…
Adobe names Anil Chakravarthy as CEO, replacing Shantanu Narayen
Adobe has named Anil Chakravarthy as its next chief executive officer, effective immediately. Chakravarthy replaces Shantanu Narayen, who announced hi…
Dell surges 9% after lifting fiscal 2027 forecast on AI server strength
Dell Technologies raised its fiscal 2027 revenue forecast after reporting stronger-than-expected demand for AI servers. The company now projects AI se…
Apple enters John Ternus era as AI challenges and memory crunch intensify
John Ternus officially took the helm as Apple's chief executive officer on January 1, 2025, inheriting a company navigating dual structural headwinds …
Ozempic Maker Novo Nordisk’s Investors Are Nervously Looking Into the Future
Novo Nordisk's stock performance tells a story of cautious optimism and lingering doubt. The Danish pharmaceutical giant, maker of the blockbuster obe…
BYD shares slide as fierce China competition dents first-half earnings
BYD's stock retreated Friday following the release of its first-half earnings, a pullback that reflects investor concerns about intensifying domestic …
The 'choose your own adventure' earnings: Why retailers are handling tariff refunds so differently
Retailers face a critical decision on how to deploy tariff refunds received this quarter, and their choices reveal starkly different strategic priorit…
Goodyear burning rubber and cash as turnaround plan continues
Goodyear Tire & Rubber Company faces mounting pressure as its restructuring efforts consume both operational capacity and financial resources. The com…
Dollar Tree and Dollar General Report Sales Gains as Shoppers Cut Costs
Dollar General and Dollar Tree posted stronger-than-expected quarterly results Thursday, driven by cost-conscious consumers trading down to discount r…
Salesforce leads software rally, rocketing 20% on track for second-best day ever
Salesforce shares surged 20 percent following the company's second-quarter earnings report, putting the stock on track for its second-best trading day…
Okta's stock skyrockets 20%, CrowdStrike's surges 15% as rising AI threat boosts earnings
Cybersecurity vendors are capturing massive gains as enterprises accelerate spending on AI-driven threat detection and prevention. Okta (OKTA) jumped …
Salesforce stock jumps 12% on AI growth and Anthropic investment gain
Salesforce (CRM) shares surged 12% after the company reported stronger-than-expected profits driven by a marked gain from its investment in AI startup…
Okta pops 20% after topping estimates as AI threat spikes demand for identity security
Okta's stock surged 20% following a quarterly earnings beat that demonstrated the company's ability to capitalize on rising enterprise demand for iden…
Apple sets iPhone launch event for Sept. 9, first under new CEO John Ternus
Apple has scheduled its annual iPhone launch event for September 9, marking the first major product unveiling under new CEO John Ternus, who took over…
F.D.A. Approves the Drug Daraxonrasib That’s Poised to Transform Pancreatic Cancer
The Food and Drug Administration has approved daraxonrasib, a targeted therapy that delivered remarkable survival gains in clinical testing for patien…
Xpeng shares sink as weak delivery forecast overshadows $6.3 billion robot unit valuation
Xpeng's stock declined sharply despite a major valuation milestone for its robotics division, signaling investor skepticism about the company's near-t…
After 10 years at United, CEO Scott Kirby is thinking big about the future of his airline from JFK to AI
Scott Kirby, CEO of United Airlines (UAL), laid out an ambitious vision for the carrier during a recent CNBC interview, signaling strategic expansion …