Tag: Breaking News: Earnings
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SoftBank gets $8.2 billion boost from Intel as OpenAI takes a backseat
SoftBank on Thursday reported profit for its fiscal first quarter that beat market expectations.
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E.l.f. Beauty sees $50 million windfall in tariff refunds as profits surge 100%
E.l.f. Beauty received $50 million in tariff refunds during its fiscal first quarter, leading profits to nearly double.
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Lucid begins ‘operational reset’ as CEO says EV maker will delay midsize vehicle
The company didn’t provide updated guidance. New CEO Silvio Napoli earlier this year suspended production expectations.
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Wayfair posts strongest U.S. growth since 2020
Wayfair, a pandemic darling that’s seen sales slow since lockdown orders were lifted, posted its strongest U.S. growth since 2020 during its second quarter.
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McDonald’s is about to report earnings. Here’s what to expect
McDonald’s stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.
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Rivian reduces 2026 spending plans, narrows earnings guidance
Rivian reduced its 2026 spending plans and slightly narrowed its previously forecasted losses this year as the company reported second-quarter results.
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Amazon on deck to report earnings after the bell with cloud, capex in focus
Amazon projected its 2026 capex will reach $200 billion, and some analysts believe the total could rise in the face of surging artificial intelligence demand.
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Yum Brands reports mixed results but gives no update on Taco Bell cyclospora outbreak
The restaurant company provided no update on the cyclospora outbreak tied to Taco Bell restaurants is affecting its business.
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Qualcomm to raise prices during memory crunch as chipmaker issues light earnings guidance
“Cost went up, prices are going to go up,” Qualcomm CEO Cristiano Amon said in an interview.
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Chipotle hikes same-store sales forecast as diners return for burrito bowls
Chipotle Mexican Grill stock has fallen more than 7% this year, dragging its market value down to roughly $44 billion.
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