Luxury automaker Porsche issues growth outlook after record 2022 earnings

The all-electric Porsche Taycan Turbo. Source: Porsche AG Luxury automaker Porsche AG issued an ambitious long-term outlook of more than 20% of return on sales, after posting record 2022 earnings…

Intel dividend cut a result of ‘very specific issues’: DoubleLine’s Monica Erickson

American tech icon Intel (INTC) slashing its dividend on Wednesday isn’t a total shock to one money manager. “Intel is an interesting story because they have very specific issues going…

Qualcomm stock falls after forecast misses, CEO says inventory issues will persist

Qualcomm Inc. shares turned lower in the extended session Thursday after the chip maker forecast that inventory clearance would persist in the first half of the year, knocking the chip…

Google’s Pichai Tells Staff Cuts Avoided ‘Much Worse’ Issues

(Bloomberg) — Google’s chief executive officer told employees on Monday that job cuts were made in a bid to act decisively as the company’s growth slowed. Most Read from Bloomberg…

Wayfair Still Has Its Fair Share of Issues

The days of pandemic-fueled profits and $300 share prices are a distant memory for Wayfair Inc. (NYSE: W). Things were bound to normalize for the online home goods retailer, but…

FedEx issues ominous warning about the global economy, shares tumble

FedEx (FDX) withdrew its full year earnings guidance and reported preliminary first quarter results that fell short of Wall Street estimates, sending shares tumbling in extended trading on Thursday. “Global…

DocuSign Has Important Issues to Address When it Reports Earnings

DocuSign (NASDAQ: DOCU) is continuing a long, painful decline that started almost exactly one year ago in September 2021. What a different time that was. DOCU stock was trading for…

Credit Suisse issues profit warning for second quarter

A sign above the entrance to the Credit Suisse Group AG headquarters in Zurich, Switzerland, on Monday, Nov. 1, 2021. Thi My Lien Nguyen | Bloomberg | Getty Images Credit…

Snowflake stock slides after earnings as company says macro issues are impacting some customer activity

Shares of Snowflake Inc. tumbled in after-hours trading Wednesday after the software company delivered a forecast for the current quarter that came in below expectations at the midpoint and acknowledged…

Recent widows need guidance with money issues

Kali9 | E+ | Getty Images The loss of a spouse is up there with the most challenging experiences you might face in this lifetime. With the understandable barrage of…