Amazon Prime and UPS trucks are seen in Washington, D.C., on July 12, 2024. Jakub Porzycki | Nurphoto | Getty Images Shares of United Parcel Service closed down 14% Thursday after the company issued weak revenue guidance for the year and said it planned to cut deliveries for Amazon, its largest customer, by more than…
Published Thu, Jan 30 20254:34 PM EST Morgan Chittum@morgan_chittum Eaton Corporation signage at the NYSE Source: NYSE Eaton investors worried that DeepSeek may torpedo the AI data center trade breathed a little easier Thursday, one day before the U.S. industrial company reports quarterly earnings. More In Analysis More choppiness on Wall Street — plus, Nextracker…
Published Thu, Jan 30 20252:07 PM EST Zev Fima@zevfima A close-up look at one of Dover Corp.’s metal quick disconnects used for data center server cooling. Courtesy: Dover Corp. Shares of Club name Dover jumped Thursday, as a strong profitability outlook for the year ahead outshined some blemishes in the industrial conglomerate’s fourth-quarter results. The…
Satya Nadella, CEO of Microsoft, speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Gerry Miller | CNBC Microsoft shares dropped more than 6% after issuing weak current-quarter guidance after the bell Wednesday. The software giant topped Wall Street’s fiscal second-quarter estimates, posting earnings of $3.23 per…
Travelers check in at Southwest Airlines at Hartsfield-Jackson Atlanta International Airport on June 28, 2024 in Atlanta, Georgia. Kevin Dietsch | Getty Images U.S. budget carrier Southwest Airlines’ fourth-quarter profit surpassed Wall Street estimates on Thursday, helped by robust travel demand and improved airfares. The airline also forecast better-than-expected unit revenue (RASM), a proxy for…
A general exterior view of the H&M fashion retail store in Oxford Circus on January 09, 2025 in London, England. John Keeble | Getty Images News | Getty Images Shares of H&M dropped more than 5% on Thursday after the world’s second-largest retailer missed sales forecasts in the fourth quarter. Sales at the Swedish fashion…
Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta Platforms on Wednesday evening delivered a monster quarterly beat on everything from sales and earnings to cash flow and engagement. Source: www.cnbc.com
Satya Nadella, CEO of Microsoft, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Microsoft couldn’t shake the bear thesis with its fiscal 2025 second-quarter numbers Wednesday, causing the stock to fall more than 5% in extending trading. Despite beating top-line and bottom-line…
Chairman, President and CEO of IBM Arvind Krishna attends the 55th annual World Economic Forum meeting in Davos, Switzerland, on Jan. 22, 2025. Yves Herman | Reuters IBM reported fourth-quarter earnings on Wednesday that topped Wall Street expectations for earnings and revenue. The shares rose as much as 10% in extended trading before giving up…
A worker uses a machine made by Pall Corp. during a demonstration of the clarification stage of the production of influenza vaccine during a tour at a Sanofi Pasteur vaccine production facility in Swiftwater, Pennsylvania. Stephen Hilger | Bloomberg | Getty Images Danaher shares are under pressure Wednesday as the Club holding’s fourth-quarter earnings results came…
