Employees of American Airlines help check in passengers at Ronald Reagan Washington National Airport on January 11, 2023 in Arlington, Virginia. Alex Wong | Getty Images American Airlines‘ fourth-quarter profit beat analysts’ expectations as strong travel demand and high fares buoyed results during a turbulent holiday season. Here’s how AmericanContinue Reading
Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel shares slid by as much asContinue Reading
Travelers check in at a Southwest Airlines ticket counter during the busy Christmas holiday season at Orlando International Airport on December 28, 2022 in Orlando, Florida. Paul Hennessy | Anadolu Agency | Getty Images Southwest Airlines said Thursday it expects its holiday meltdown to continue to weigh on its bottomContinue Reading
Comcast on Thursday reported fourth-quarter earnings that topped analyst expectations despite persistent softness in broadband subscriber growth and mounting losses from its streaming service, Peacock. The company’s top-line growth was fueled by higher revenue from its broadband and wireless businesses, as well as its theme parks segment. Here’s how ComcastContinue Reading
A pair of Levi’s selvedge denim jeans arranged in Louisville, Kentucky. Luke Sharrett | Bloomberg | Getty Images Levi Strauss on Wednesday posted earnings and revenue that topped Wall Street’s expectations. Shares of the company rose in after-hours trading as the company also offered upbeat sales guidance for its newContinue Reading
IBM CEO Arvind Krishna speaks at a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023. Stefan Wermuth | Bloomberg | Getty Images IBM reported quarterly revenue on Wednesday that topped analysts’ estimates, driven by higher-than-expected growth in the company’s software and infrastructure segments. Here’sContinue Reading
Updated at 4:39 pm EST Tesla (TSLA) – Get Free Report posted stronger-than-expected fourth quarter earnings Wednesday, and even as cost cuts ate into the group’s profit margins CEO Elon Musk said he plans to outpace his forecast for a 50% annual delivery growth rate. Tesla said adjusted earnings for the threeContinue Reading
Hong Kong, China, 13 Sept 2022, A red Tesla car passes in front of a Tesla dealership in Wanchai. (Photo by Marc Fernandes/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Electric vehicle maker Tesla plans to report fourth-quarter results after market close on Wednesday. Here’s what analysts wereContinue Reading
A Boeing 747-8F operated by AirBridgeCargo takes off from Leipzig/Halle Airport. Jan Woitas | Picture Alliance | Getty Images Boeing posted a $663 million loss for the fourth quarter as supply chain issues weighed on results despite a rebound in aircraft sales and deliveries that drove up revenue. Airlines andContinue Reading
AT&T Inc. (T) – Get Free Report posted better-than-expected fourth quarter earnings with a muted near-term outlook Wednesday, while adding that it plans to pay down debt as a top priority after meeting dividend payments. AT&T said adjusted earnings for the three months ending in December were pegged at 61 centsContinue Reading