Starbucks and McDonald’s could disappoint investors, but investors are expecting better performance from the restaurant industry.
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Microsoft stock slumps 5% on disappointing revenue outlook
Microsoft shares dropped 5% despite topping fiscal second-quarter estimates due to weak guidance.
IBM shares rise 9% on earnings beat
In a statement, IBM CEO Arvind Krishna said the company has recorded $5 billion in bookings for its generative AI...
Shares of fashion giant H&M drop as fourth-quarter sales miss estimates
Shares of H&M dropped more than 5% on Thursday after the world's second-largest retailer missed sales forecasts in the fourth...
Oil giant Shell posts larger-than-expected drop in full-year profit on lower crude prices
British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.
Microsoft delivers an earnings beat but misses where it matters most
Investors want to see faster cloud revenue growth to justify the billions of dollars the company is investing to scale...