Maersk stock jumped 9% after the shipping giant posted better-than-expected fourth-quarter results on Thursday, putting shares on course for their best daily performance since 2020. Shares were up more than 10% earlier in the session. Earnings before interest, depreciation, taxes and amortization (EBITDA) rose 26% to $12.13 billion in the full-year stretch and came in…
MOSCOW, Russia – March 31, 2022: Bottled Carlsberg beer seen on a supermarket shelf. Russia on Monday seized control of the Russian subsidiaries of Danone and Carlsberg, both of which are in the process of selling their Russian operations. The Danish brewer is still represented in Russia by the brands Carlsberg, Kronenbourg, Holsten and Tuborg.…
Strategy, the largest corporate holder of bitcoin, said it’s almost halfway to its ambitious capital raising goal as it went on a buying spree throughout the postelection rally. The company formerly known as MicroStrategy said since the end of the third quarter it has acquired 218,887 bitcoins for $20.5 billion. Strategy currently holds 471,107 bitcoins…
Fiserv CEO Frank J. Bisignano at the New York Stock Exchange on June 7, 2023. Source: NYSE Shares of Fiserv jumped more than 7% on Wednesday to a record after the payments company reported better-than-expected fourth-quarter earnings and issued guidance that also topped estimates. The stock closed at $229.53, exceeding its previous high reached in…
Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024. Ann Wang | Reuters Qualcomm reported better-than-expected fiscal first-quarter results on Wednesday and issued strong guidance for the current period. Here’s how the chipmaker did versus LSEG consensus estimates for the quarter ending Dec. 29: Earnings per share: $3.41, adjusted,…
The Mickey Mouse and Minnie Mouse float passes by during the daily Festival of Fantasy Parade at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images The rejuvenated Disney kept rolling Wednesday, delivering first-quarter results that beat expectations alongside reasons for…
The Ford exhibit area is shown at the 2025 Detroit Auto Show at Huntington Place in Detroit, Michigan, on Jan. 10, 2025. Bill Pugliano | Getty Images DETROIT — Ford Motor is set to report its fourth-quarter earnings after the bell Wednesday. Here is what Wall Street is expecting, according to average estimates compiled by…
Google CEO Sundar Pichai speaks at Google I/O. At the developer conference, everything revolved around the topic of artificial intelligence (AI). Christoph Dernbach | Picture Alliance | Getty Images Alphabet shares dropped more than 8% on Wednesday after the search giant fell short of Wall Street’s fourth-quarter revenue expectations and announced big spending plans for…
Uber shares fell around 7% in premarket trading Wednesday after the ride-sharing company reported fourth-quarter results that beat analysts’ expectations for revenue but offered soft guidance. Here’s how the company did: Earnings per share: $3.21. That does not compare with the 50 cents expected by LSEG. Revenue: $11.96 billion vs. $11.77 billion expected by LSEG. Uber’s revenue…
Shares of Banco Santander jumped after Spain’s largest lender reported record profit in the fourth quarter and announced plans for 10 billion euros ($10.4 billion) in share buybacks from 2025 and 2026 earnings and anticipated excess capital. The bank’s net profit picked up by 11% year-on-year to 3.265 billion euros in the fourth quarter and…
