Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium, on Jan. 20, 2020. Yves Herman | Reuters Alphabet shares rallied in extended trading on Thursday after the company reported results that topped analysts’ estimates, showed soaring profits in its cloud division and announced its…
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An Airbus A350-941 is undergoing a test flight at Toulouse Blagnac Airport in Toulouse, France, on December 8, 2023. Urbanandsport/ | Nurphoto | Getty Images Airbus posted weaker than expected first-quarter operating profit and cashflow after hiring more staff to prepare for rising aircraft demand, but reaffirmed its financial goals for 2024 after a nervous…
Microsoft CEO Satya Nadella arrives at federal court in Washington on Oct. 2, 2023. Nathan Howard | Bloomberg | Getty Images Microsoft will report financial results for its fiscal third quarter after the market close on Thursday. Here is what analysts are looking for, according to LSEG: Earnings per share: $2.82 expected Revenue: $60.80 billion…
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024. Stefan Wermuth | Bloomberg | Getty Images IBM shares slipped 5% in extended trading on Wednesday after the hardware, software and consulting provider said it would acquire cloud software maker HashiCorp and reported first-quarter revenue that was lower…
Mark Zuckerberg, CEO of Meta, testifies during the Senate Judiciary Committee hearing titled “Big Tech and the Online Child Sexual Exploitation Crisis,” in Dirksen building on Wednesday, January 31, 2024. Tom Williams | CQ-Roll Call, Inc. | Getty Images Meta shares plunged in extended trading on Wednesday after the company issued a light forecast, overshadowing…
Daniel Acker | Bloomberg | Getty Images Hasbro reported a smaller-than-expected drop in first-quarter sales and easily beat profit estimates on Wednesday, as leaner inventories and steady digital gaming revenue helped cushion a drag from softer demand for toys. Shares of the company, up roughly 14% this year, rose about 4% in premarket trading. The…
The new Gucci store on Bond Street on 27th September 2023 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Shares of French luxury group Kering sank more than 9% at open on Wednesday, after the company warned that it expects a sharp downturn in first-half profits as a result of waning demand for…
A Volvo EX30 fully electric EV Car is displayed during the Everything Electric London 2024 at ExCel on March 28, 2024 in London, England. John Keeble | Getty Images News | Getty Images Swedish automaker Volvo Cars on Wednesday reported an uptick in first-quarter core operating profits driven by strong retail sales. First-quarter core operating…
A logo at the Roche Holding AG headquarters in Basel, Switzerland, on Thursday, Feb. 1, 2024. Bloomberg | Getty Images Swiss pharmaceutical company Roche on Wednesday reported a modest uptick in first-quarter sales, even as waning demand for its Covid-19 products continued to weigh on the company. Sales were up 2% at constant exchange rates,…
