Qualcomm shares fell 7% in extended trading on Wednesday after the chipmaker reported in-line fiscal fourth-quarter earnings but offered poor first-quarter guidance. Qualcomm also said it implemented a hiring freeze at the start of the current quarter. Here’s how the company did: Earnings: $3.13 per share, adjusted, vs. $3.13 per share as expected by analysts,…
Mateusz Slodkowski | Sopa Images | Lightrocket | Getty Images Shares of Airbnb fell more than 13% Wednesday, a day after the company released third-quarter earnings that beat Wall Street’s estimates but fell short on fourth-quarter guidance. Airbnb beat on top and bottom lines in its third quarter. The company posted revenue of $2.9 billion,…
Vials containing the Pfizer/BioNtech vaccine against the coronavirus disease (COVID-19) are displayed before being used at a mobile vaccine clinic, in Valparaiso, Chile, January 3, 2022. Rodrigo Garrido | Reuters Pfizer on Tuesday raised its 2022 earnings guidance after booking a strong third quarter that beat Wall Street expectations. It now expects earnings per share…
ABU DHABI, United Arab Emirates — State oil giant Saudi Aramco reported a 39% rise in net income for the third quarter year-on-year, on the back of higher crude prices and tightening global supply. Net income rose to $42.4 billion for the quarter, up from $30.4 billion the previous year and just above expectations. The…
Chevron on Friday reported its second-highest quarterly profit ever, blasting past analysts’ estimates, driven by soaring global demand for its oil and gas and rising production from its U.S. oilfields. The surge comes as oil companies book mounting profits with prices near record levels and supplies tight on output cuts during the Covid-19 pandemic, as…
Pedestrians pass in front of Pinterest signage displayed outside of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Pinterest shares soared over 12% in extended trading after the company reported third-quarter earnings. Here’s how the company did. Earnings: 11 cents per share (adjusted) vs. 6 cents per share (adjusted) expected, according…
Shares of Shopify jumped 18% after the e-commerce company reported a narrower-than-expected loss for the third quarter and revenue that beat Wall Street’s estimates. Loss per share: loss of 2 cents, adjusted, vs. loss of 7 cents expected by analysts according to Refinitiv. Revenue: $1.37 billion vs $1.33 billion expected, according to Refinitiv. Revenue was…
Andy Jassy, CEO of Amazon and then CEO of web services at Amazon.com Inc., speaks during the Amazon Web Services (AWS) Summit in San Francisco, California, U.S., on Wednesday, April 19, 2017. David Paul Morris | Bloomberg | Getty Images Amazon reports third-quarter earnings after the bell on Thursday. Here’s what analysts are expecting: Earnings:…
People walk past the Samsung logo displayed on a glass door at the company’s Seocho building in Seoul on October 7, 2022. Jung Yeon-je | Afp | Getty Images Samsung Electronics reported a 31% drop in third-quarter profit on Thursday and said geopolitical uncertainties are likely to dampen demand until early 2023, as the global…
Mark Zuckerberg, co-founder and CEO of Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images Meta reports third-quarter earnings on Wednesday after the bell. Here’s what analysts are expecting: Earnings: $1.89 per share, according to Refinitiv Revenue: $27.38 billion, according to Refinitiv Daily Active Users (DAUs): 1.98 billion, according to…
