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Earnings
Home Depot (HD) Q1 2024 earnings
Home Depot on Tuesday posted quarterly revenue below Wall Street's expectations, as shoppers postponed bigger discretionary projects like bath and kitchen remodels because of higher interest rates and made spring purchases late.Still,…
SoftBank earnings Q4 and full year FY 2023
SoftBank's Vision Fund, the brainchild of the company's founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, a tough China market and geopolitics.Kentaro…
Booming luxury travel and a jump in ‘relief’ loans
At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending firm Upstart, there's a strong interest in microloans as cash-strapped Americans try to scrape by.That…
Sweetgreen shares soar 34% after company beats revenue expectations
People dine outside a Sweetgreen in Manhattan.Jeenah Moon | The Washington Post | Getty ImagesSweetgreen shares surged nearly 34% on Friday after the company topped Wall Street's revenue expectations for the fiscal first quarter and…
China’s SMIC warns of fierce chip competition as it misses profit estimates
BEIJING, CHINA - DECEMBER 04: A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. (Photo by VCG/VCG via Getty Images)Vcg | Visual China…
How Apple’s record $100 billion-plus stock buyback benefits shareholders
We always say we love companies that are serial repurchasers of their stocks. That's because as outstanding share counts go down, investors don't have to do anything to get baked-in returns and own larger and larger pieces of the…
AB InBev grows revenue with Bud Light boycott impact set to ease
AB InBev Budweiser and Bud Light brand beer cans at a store in the Queens borough of New York on Feb. 28, 2024.Bloomberg | Getty ImagesShares of Belgium's AB InBev rose 5% Wednesday morning after the company posted higher revenue and…
Disney (DIS) earnings Q2 2024
The "Partners" statue of Walt Disney and Mickey Mouse, at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida, photographed Saturday, June 3, 2023.Joe Burbank | Tribune News Service | Getty…
Novo Nordisk earnings Q1 2024
The injectable weight loss medication Wegovy at New City Halstead Pharmacy in Chicago on April 24, 2024.Scott Olson | Getty ImagesNovo Nordisk, which became the most valuable company in Europe last year due to the blockbuster success of…
Berkshire Hathaway (BRK.A) earnings Q1 2024
Berkshire Hathaway reported Saturday a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled to record levels.The Warren Buffett-led conglomerate posted an operating profit — which…