Elon Musk, CEO of Tesla, speaks with CNBC on May 16, 2023. David A. Grogan | CNBC Tesla is set to report third-quarter results after the bell on Wednesday. Here’s what Wall Street is expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv: Revenue: $24.1 billion expected Earnings: 73 cents per share, adjusted,…
Dutch firm ASML makes one of the most important pieces of machinery required to manufacture the most advanced chips in the world. U.S. chip curbs have left companies, including ASML, scrambling to figure out what the rules mean in practice. Emmanuel Dunand | AFP | Getty Images Chip equipment firm ASML reported a year-on-year rise…
Shoppers carry Zara bags on Fifth Avenue in New York, on Saturday, May 22, 2021. Victor J. Blue | Bloomberg | Getty Images Zara owner Inditex on Wednesday beat expectations with a 40% jump in half-year net profit despite the world’s biggest fast fashion company slowing the pace of its price increases. Inditex has widened…
Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty Images Oracle shares moved 9% lower in extended trading on Monday after the database software maker disclosed revenue and revenue guidance that were lighter than expected. Here’s how the company did:…
Salesforce CEO Marc Benioff walks with other attendees as they leave a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 12, 2023. Kevin Dietsch | Getty Images News | Getty Images Salesforce shares jumped 6% in extended trading on Wednesday after the cloud software company announced quarterly…
Enrique Lores, CEO, HP Scott Mlyn | CNBC Shares of HP fell more than 8% Wednesday morning after the printer and PC-maker released fiscal third quarter earnings that underwhelmed Wall Street. HP reported $13.2 billion in revenue, down from the $13.37 billion expected by analysts, according to Refinitiv. Earnings per share came in line with…
A BYD ATTO 3 is displayed during the British Motor Show at Farnborough International Exhibition Centre on August 17, 2023 in Farnborough, England. John Keeble | Getty Images News | Getty Images Shares of Chinese automaker BYD listed in China jump more than 5% Tuesday, a day after posting a stellar jump in first half…
Australia’s Transport Workers’ Union have asked Qantas’ CEO to resign over for “empty promises to frustrated passengers” and “announcing more tactics to silence workers and suppress wages.” Phil Noble | Reuters Australia’s flagship carrier Qantas Airways reported a record annual profit on Thursday as demand for air travel continues to boom post-pandemic, with the airline…
Nvidia founder, President and CEO Jen-Hsun Huang Getty Images Nvidia shares climbed 8% in extended trading on Wednesday after the chipmaker beat estimates for the fiscal second quarter and issued optimistic guidance for the current period. Earnings: $2.70 per share, adjusted, versus $2.09 per share expected by Refinitiv. Revenue: $13.51 billion versus $11.22 billion expected…
Zoom founder Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Zoom shares rose as much as 8% in extended trading on Monday after the video-calling software provider announced fiscal second-quarter results that exceeded analysts’ expectations. Here’s how the company did: Earnings: $1.34…
