Snap reports ‘challenging’ quarter that missed sales and profit estimates
Snap reported first-quarter results on Thursday after the bell.
J&J lowers 2022 revenue and earnings expectations, stops giving Covid vaccine sales guidance
When asked about halting guidance for J&J's Covid vaccine, CFO Joe Wolk said the shots are not for profit and do not impact the company's...
IBM first-quarter results beat estimates
IBM sees growth in 2022 after the company spun off its managed-infrastructure services unit.
Netflix shares crater 25% after company reports it lost subscribers for the first time in more than 10 years
It's the first time the streamer has reported a subscriber loss in more than a decade.
Procter & Gamble tops Wall Street estimates as price hikes counteract higher costs
Consumer goods giant P&G may serve as a bellwether for investors as costs rise and shoppers weigh higher price tags.
Tesla reports first-quarter earnings after the bell on Wednesday
Wednesday's earnings call comes amid news of CEO Elon Musk's hostile takeover bid for Twitter.
Bank of America shares jump after lender tops analysts’ estimates on better-than-expected credit
Bank of America's moves are in contrast to rival JPMorgan Chase, which disclosed last week that it took a $1.46 billion provision for credit losses.
JPMorgan Chase reports $524 million hit from market dislocations caused by Russia sanctions
JPMorgan said Wednesday that first-quarter profit fell because of increased costs tied to bad loans and market upheaval caused by the Ukraine war.
Delta forecasts a quarterly profit as travelers keep flying despite higher fares, helping offset surging fuel costs
Delta said it expects a pretax profit in the second quarter and that it will restore capacity to 84% of 2019 levels.