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Tuesday, December 24, 2024

Business

Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected

Peloton is back to generating free cash flow and is edging within reach of profitability as the connected fitness company reins in costs...

Apple stuck it to the naysayers with better-than-feared financials, emerging iPhone 16 demand

Apple late Thursday delivered a quarter that can only be described as much better than feared. It wasn't perfect, but it was pretty...

Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter

Amazon reported a much better-than-expected third quarter Thursday, with strong growth across online sales, its cloud business and advertising. Margin initiatives lead to...

Microsoft’s stock has worst day in two years after disappointing forecast

Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024.Dimas Ardian | Bloomberg...

Starbucks’ plan to return to its roots involves 200,000 Sharpies

Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022.Carlo Allegri | ReutersStarbucks CEO Brian Niccol said the...

Linde falls after its guidance fails to wow the market. We’ve seen this movie before

Industrial gas supplier Linde reported a solid third quarter on Thursday, proving once again its ability to grow revenues and earnings in a...

We’re hiking our price target on an industrial whose earnings benefit from AI data center boom

Electrical components and power systems company Eaton delivered mixed third-quarter results Thursday morning, and its stock paid the price. Revenue increased over 8%...

Comcast is exploring separation of cable networks business

Comcast is exploring a separation of its cable networks business, President Mike Cavanagh said Thursday.During the company's third-quarter earnings call with investors, Cavanagh...

Dodge maker Stellantis posts 27% drop in revenues, flags progress in slashing U.S. inventories

Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin,...

Oil giant Shell posts $6 billion profit beat, launches new share buyback program

The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024.Matt Cardy | Getty Images News...

Beaten-up Nextracker provides investors a reason to believe. But timing is key here

Shares of troubled Nextracker jumped Thursday, the morning after delivering strong quarterly results and increases to the solar company's full-year profitability outlook and...

Morgan Stanley is launching an investing index tied to sports leagues

The Morgan Stanley headquarters in New York on Dec. 27, 2023.Angus Mordant | Bloomberg | Getty ImagesMorgan Stanley is introducing a new portfolio...

Starbucks CEO pledges to fundamentally change strategy as sales fall for third straight quarter

Brian Niccol speaking on CNBC's "Squawk Box" on Oct. 30, 2018.Anjali Sundaram | CNBCStarbucks on Wednesday reported quarterly earnings and revenue that missed...

Starbucks will stop charging extra for dairy alternatives

Starbucks offers oat milk as a dairy-free option.Source: StarbucksStarbucks said Wednesday that it will remove the surcharge for dairy substitutes, saving some U.S....

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