Markets

Intel surges 8% on an earnings beat and better-than-expected forecast

Intel reported fiscal fourth-quarter and full-year 2019 earnings Thursday that beat Wall Street’s expectations for the chipmaker. Shares gained as much as 8% in early trading Friday. The company gave a rosy outlook for Q1 2020 earnings, and announced a 5% increase to its quarterly dividend. Watch Intel trade live […]
Intel surges 8% on an earnings beat and better-than-expected forecast
Markets

FedEx burns $3.5 billion in market value after a brutal earnings report

FedEx wiped out as much as $US3.5 billion from its market valuation in early Wednesday trading, falling 7.5% after missing earnings expectations. The company missed estimates for fiscal second-quarter profit and revenue. FedEx also shifted its full-year earnings estimate lower, citing a greater shift to expensive home deliveries and falling […]
FedEx burns $3.5 billion in market value after a brutal earnings report
Markets

Macy’s slips after slashed profit forecast adds to holiday-season jitters

Macy’s reported disappointing third-quarter earnings Thursday that showed a decline in same-store sales and a slashed full-year outlook. Shares fell as much as 9.1% in early trading on the news. The department store has struggled to make meaningful gains during a tough year for retailers. Watch Macy’s trade live on […]
Macy’s slips after slashed profit forecast adds to holiday-season jitters
Markets

Here are the 5 biggest winners and losers of earnings season

Third-quarter earnings seasons is almost wrapped up, with the vast majority of S&P 500 companies have reported as of the beginning of November, according to Bank of America Merrill Lynch. Earnings results are pointing to an overall 2% bottom-line beat for quarter, BAML’s analysts wrote in note to clients on […]
Here are the 5 biggest winners and losers of earnings season
Markets

Disney will report its last earnings results on Thursday before the launch of its streaming platform. Here’s what 4 Wall Street analysts are talking about.

Disney’s fourth-quarter earnings report Thursday will land just five days before the company releases its highly anticipated streaming platform Disney Plus. Wall Street has been evaluating the media conglomerate’s billion-dollar effort to break into the direct-to-consumer video space much more closely in recent months. Investors and analysts will be looking […]
Disney will report its last earnings results on Thursday before the launch of its streaming platform. Here’s what 4 Wall Street analysts are talking about.
Markets

Uber is set to report 3rd-quarter earnings on Monday. Here’s what 6 Wall Street analysts are saying ahead of the report.

Uber reports third-quarter results after market close on Monday, November 4. After Lyft’s rosy results, Wall Street is expecting that Uber will have a similarly strong quarter as the competitive landscape cools for both ride-sharing companies Still, analysts caution investors that Uber’s post-initial public offering lockup period expires November 6, […]
Uber is set to report 3rd-quarter earnings on Monday. Here’s what 6 Wall Street analysts are saying ahead of the report.
Markets

Apple’s stock posted record highs after blockbuster earnings — but these 3 worries stood out on the analyst call

Apple’s fiscal fourth-quarter report offered little bad news, with sales and profits surpassing analyst expectations. CEO Tim Cook’s call with analysts offered additional detail around the company’s strong trends, but also included a few warnings for what may threaten Apple’s hot streak. Analysts’ concerns around foreign exchange losses, TV Plus […]
Apple’s stock posted record highs after blockbuster earnings — but these 3 worries stood out on the analyst call
Markets

Pinterest plunges below IPO price after whiffing on sales forecasts

Pinterest reported third-quarter results Thursday that missed Wall Street expectations for revenue. Shares fell as much as 24% on the news, pushing the company’s stock below its initial public offering price. The company also reported a full-year 2019 outlook that failed to live up to Wall Street’s expectations though it […]
Pinterest plunges below IPO price after whiffing on sales forecasts
Markets

GrubHub sees 40% of market value wiped out on dismal earnings report

GrubHub, the online food-delivery service, reported disappointing earnings Monday that showed slower-than-expected growth. Shares fell as much as 40% in regular trading on Tuesday. The company attributed its performance to diner “promiscuity” and increased competition. Watch GrubHub trade live on Markets Insider. GrubHub lost more than one-third of its market […]
GrubHub sees 40% of market value wiped out on dismal earnings report
Markets

S&P 500 propelled to record high by strong earnings season

The S&P 500 index climbed as much as 0.6% on Monday to an intraday record high of 3,041.81, beating its previous record of 3,027.98 set July 26. The gains came amid better-than-expected corporate earnings from stocks like Walgreens Boots Alliance and AT&T. The index also got a boost as heavily […]
S&P 500 propelled to record high by strong earnings season
Markets

Wall Street is ready to see how much Amazon’s 1-day shipping initiative will cost. Here’s what analysts are saying about the company’s upcoming earnings report.

Amazon’s third-quarter earnings results are set to be released after the closing bell Thursday. The report is expected to be a telling sign for investors as to how expensive the company’s new push into one-day shipping will really be. The e-commerce giant’s cloud business will also be a point of […]
Wall Street is ready to see how much Amazon’s 1-day shipping initiative will cost. Here’s what analysts are saying about the company’s upcoming earnings report.