Microsoft earnings beat across the board, stock up on outlook
Microsoft's Azure cloud revenue came in higher than analysts had expected, with the company citing strong demand for consumption-based services.
General Motors maintains 2022 guidance despite rising costs and supply chain issues
GM reaffirmed plans to produce 25% to 30% more vehicles this year than last year.
Deutsche Bank posts seventh straight quarter of profit, warns of increasing cost pressures
Deutsche Bank reported Wednesday its seventh consecutive quarterly profit, but warned that the current environment is "challenging" and "cost pressures have intensified."
Chipotle earnings beat estimates as customers paid more, helping offset surging costs
Chipotle's restaurant operating margins shrank as it paid more for beef, avocados, paper and labor.
Credit Suisse reports quarterly loss, reshuffles management team as litigation costs bite
Credit Suisse on Wednesday reported a net loss for the first quarter of 2022 and announced a management reshuffle.
Coca-Cola earnings beat Wall Street estimates as revenue jumps 16%
The company largely weathered inflationary challenges during the first quarter and maintained its outlook.
Gap stock slides 18% after cutting sales guidance; CEO of Old Navy division to leave
A snarled supply chain has been particularly hard on its Old Navy division, which targets a lower-income consumer.
United forecasts a 2022 profit as passengers return and pay more to fly
United says strong demand and higher fares are allowing the airline to cover its fuel costs.
American forecasts second-quarter profit on soaring travel demand, airline stocks rally
American expects to fly as much as 94% of its 2019 second-quarter schedule, more than competitors Delta Air Lines and United Airlines.