Earnings

The Thomson Reuters logo is seen on the company building in Times Square, New York. Carlo Allegri | Reuters Thomson Reuters raised its sales and core profit outlook for 2019 and 2020 on Thursday after reporting 4% organic revenue growth for the second quarter, which it said was its best since 2008 and ahead of

Customers wearing Taco Bell foam taco hats exit the company’s restaurant, a unit of Yum! Brands Inc. in Bangkok, Thailand, last January. Brent Lewin | Bloomberg | Getty Images Yum Brands reported second-quarter earnings Thursday that beat Wall Street’s expectations, sending its shares up more than 4% in premarket trading. Here’s what the company reported

A General Motors Co. (GM) Chevrolet 2020 Silverado HD High Country edition pickup truck sits on the assembly line during a reveal event at the GM plant in Flint, Michigan, U.S., on Tuesday, Feb. 5, 2019. Jeff Kowalsky | Bloomberg | Getty Images General Motors, the largest U.S. automaker, is expected to report its second-quarter

A sign is seen at the entrance of the ExxonMobil Port Allen Lubricants Plant in Port Allen, Louisiana, November 6, 2015. Lee Celano | Reuters Exxon Mobil reported second-quarter results on Friday that beat analyst expectations, sending the company’s stock up more than 2% in the premarket. Here’s what Wall Street expected from the energy

An Apple employee stands in front of an Apple store in Hong Kong. Budrul Chukrut | SOPA Images | LightRocket | Getty Images Apple‘s earnings face a “manageable” hit from the newly proposed tariffs, and Thursday’s sell-off makes the stock an even more attractive buy for investors, Bank of America Merrill Lynch said in a

Offshore workers examine hydrocarbon samples aboard the Chevron Corp. Jack/St. Malo deepwater oil platform in the Gulf of Mexico off the coast of Louisiana, U.S., on Friday, May 18, 2018. Luke Sharrett | Bloomberg | Getty Images Chevron reported a 26.3% rise in quarterly profit on Friday, as higher production more than offset lower crude oil

About half of the United States should expect to have functioning next generation 5G wireless technology by 2020, Verizon CEO Hans Vestberg told CNBC on Thursday. “I think that’s next year,” Vestberg said, when asked when he sees 5G reaching 50% of America. By 2024, half the population will actually a 5G phone, he added.

A Wayfair employee works at his desk at the Boston headquarters of Wayfair on July 31, 2018. Suzanne Kreiter | Boston Globe | Getty Images Wayfair shares whipsawed Thursday morning after the online furniture retailer reported a larger loss for its fiscal second quarter, as costs for things like advertising and customer service skyrocketed. The

A customer smokes British American Tobacco Plc’s Glo smokeless tobacco device in Tokyo, Japan, June 26, 2017. Akio Kon | Bloomberg | Getty Images British American Tobacco beat first-half sales forecasts on Thursday, helped by higher demand for e-cigarettes, and predicted a stronger performance in the second half as it focuses on a smaller number

The Fitbit Ionic has a few apps, with more to come Erin Black | CNBC Shares of Fitbit cratered as much as 21% after hours on Wednesday after the company cut guidance for the next quarter in its second quarter earnings report. The stock rebounded slightly but was still down more than 11%, which is

Qualcomm Inc. CEO Steve Mollenkopf. Getty Images Qualcomm issued guidance for September quarter earnings and revenue significantly lower than analyst expectations on Wednesday. The stock dropped as much as 5% in after-hours trading. Here’s how the company did versus expectations: Earnings: $0.80 per share, excluding certain items, vs $0.75 expected according to analysts polled by

The Humana headquarters office stands in Louisville, Kentucky. Ty Wright | Bloomberg | Getty Images Health insurer Humana raised its 2019 profit forecast on Wednesday and posted second-quarter earnings ahead of Street estimates, as it reined in costs and recorded higher revenue from its unit that sells Medicare Advantage health plans. Shares rose 3.7% to

Apple now has $210.6 billion cash on hand, according to the company’s fiscal third-quarter earnings report released on Tuesday. That’s a 6.6% decline from its fiscal second quarter of 2019, when it reported a cash pile of $225.4 billion. It’s down 13.6% from the year-ago quarter. Apple continues to host one of the largest cash

Mastercard on Tuesday beat Wall Street estimates for quarterly profit, as a robust economy encouraged customers to spend more, boosting fee income for the world’s second-largest payment processor. The company’s gross dollar volume, the dollar value of transactions processed, rose 8.3% to $1.60 trillion in the second quarter. Overall consumer spending, which accounts for more

Apple has had a strong 2019 so far, with the stock up more than 45% since the company hit a low after it announced a revenue shortfall on January 2. The iPhone maker continues to mint money, too, and has guided that it will book at least $52 billion in revenue when it reports earnings

American Airlines plane Silas Stein | picture alliance | Getty Images Strong travel demand helped American Airlines post second-quarter profit that came in slightly higher than expected, but the largest U.S. airline said it took a hit from the prolonged grounding of the Boeing 737 Max. American posted a per-share profit of $1.82 on an

Shares of Google parent company Alphabet rose more than 8% after the company reported earnings for its second quarter of 2019 after the bell on Thursday. Alphabet said its board of directors approved the company to repurchase up to an additional $25 billion of its Class C capital stock. On a call with analysts, CFO

Amazon reported mixed results in its second-quarter earnings release on Thursday, failing to meet profit expectations while exceeding revenue forecasts. The results show Amazon’s renewed investments into the company are paying off, driving sales growth at the expense of lower profit margins. Amazon’s shares, however, dropped over 2% in after-hours trading, as the company gave

Intel shares rose more than 7% in extended trading on Thursday after the chipmaker reported better-than-expected earnings and revenue and gave an upbeat forecast. Here are the key numbers for the second quarter: Earnings: $1.06 per share, excluding certain items, vs. 89 cents per share as expected by analysts, according to Refinitiv Revenue: $16.51 billion,

Sarah Whitten | CNBC Shares of Mattel jumped as much as 7% in extended trading Thursday after the company posted a narrower-than-expected loss in the second quarter and reported strong sales of its Barbie dolls and Hot Wheels cars. “This quarter further demonstrates the continued momentum of our multi-year turnaround strategy,” Ynon Kreiz, chairman and