Tag: earnings
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Pfizer tops estimates, hikes low end of revenue guidance on strength of Eliquis, other drugs
Pfizer said it cut its full-year revenue expectation for its Covid products to $4 billion, down from around $5 billion previously.
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Palantir earns an upgrade after its big second quarter, as analysts get bullish on its AI business
Analysts on Wall Street reaped praise on the AI software company’s results, which were reported after the bell on Monday.
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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 names company veteran Skye Anderson as its U.S. president as growth in its largest market slows
McDonald’s new U.S. President Skye Anderson has been with the company for 26 years and succeeds Joe Erlinger in the role.
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Merck hikes revenue outlook as new drug sales grow, but cuts profit guidance due to deal charges
Merck cut its profit guidance due to a charge tied to its acquisition of biotech company Terns Pharmaceuticals.
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Palantir jumps 16% on ‘otherworldly’ commercial revenue — here’s what’s driving the demand
“Our customers have declined to become vassal states of the language labs,” Palantir’s co-founder and CEO Alex Karp said after blowout second-quarter earnings.
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CNBC Daily Open: A U.S. yen intervention dressed in euros
Reports suggest that Washington sold euros to fund its intervention to avoid impacting the sensitive U.S Treasury market.
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Saudi Aramco profits soar in second quarter as Iran war squeezes oil supply
The results come as oil supermajors have reported blowout quarterly profits, benefitting from higher fossil fuel prices amid the Iran war.
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HSBC pretax profit beats estimates, boosted by higher net interest income and fees
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu HSBC’s revenue gained 16%, year on year, exceeding estimates. The lender’s second-quarter profit before tax rose to $10.1 billion, down
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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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