In this article SPOT Shares of Spotify plunged 13% in after-hours trading Wednesday after the streamer reported fourth-quarter earnings. The numbers mostly beat expectations, but projections for user growth in Q1 were barely in line with analysts’ projections. There was also a broader selloff in tech shares after the bell, after Facebook (Meta) reported disappointing
Earnings
In this article F Ford Motor Co. signage at the Washington Auto Show in Washington, D.C., Jan. 21, 2022. Al Drago | Bloomberg | Getty Images DETROIT — Ford Motor’s shares slid after it reported fourth-quarter earnings Thursday that significantly missed Wall Street’s earnings expectations and slightly missed on revenue. The company’s shares tumbled by
In this article AMZN Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon will report its fourth-quarter earnings after the bell on Thursday. Here’s what Wall Street expects: Earnings per share: $3.57, according to
In this article QCOM Qualcomm president and CEO Cristiano Amon speaks at a news conference during CES 2022 in Las Vegas, Nevada, U.S. January 4, 2022. Steve Marcus | Reuters Qualcomm reported first-quarter earnings Wednesday, beating analyst expectations for revenue and guidance, and offering a strong outlook for its fiscal second quarter. However, Qualcomm stock
Shell petrol station logo on Sept. 29, 2021 in Birmingham, United Kingdom. Mike Kemp | In Pictures | Getty Images Oil giant Shell on Thursday reported a sharp upswing in full-year profit on rebounding commodity prices. The British oil major posted adjusted earnings of $19.29 billion for the full-year 2021. That compared with a profit
In this article FB Facebook CEO Mark Zuckerberg speaks during a live-streamed virtual and augmented reality conference to announce the rebrand of Facebook as Meta, in this screen grab taken from a video released October 28, 2021. Facebook | via Reuters Facebook is set to report fourth-quarter earnings after the bell on Wednesday. Here are
In this article GM A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images General Motors is set to report its
In this article AMD Lisa Su, president and chief executive officer of Advanced Micro Devices (AMD), holds a 3rd generation Ryzen desktop processor while speaking during a keynote session at the 2019 Consumer Electronics Show (CES) in Las Vegas, Jan. 9, 2019. David Paul Morris | Bloomberg | Getty Images AMD reported fourth-quarter earnings after
In this article GOOGL Sundar Pichai, CEO of Alphabet, in Brussels, Belgium, on Jan. 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Google parent Alphabet reported better-than-expected fourth-quarter earnings and revenue. The shares popped in extended trading. The company also announced a 20-for-1 stock split that will go into effect in July. Here
In this article GM General Motors CEO Mary Barra speaks at the General Motors Factory ZERO electric vehicle assembly plant on November 17, 2021 in Detroit, Michigan. Nic Antaya | Getty Images DETROIT – General Motors is expected to report a relatively positive fourth-quarter profit after the markets close Tuesday, capping off an unprecedented year
In this article WCLD NOW Bill McDermott, CEO of ServiceNow. Adam Jeffery | CNBC Maybe cloud investors just needed a little reassurance. Following a brutal stretch that’s seen one cloud computing index tumble 38% from an all-time high in November, two key members of the group — ServiceNow and Qualtrics — delivered optimistic numbers on
In this article MCD Signage outside a McDonald’s Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021. Luke Sharrett | Bloomberg | Getty Images McDonald’s is expected to report its fourth-quarter earnings before the bell Thursday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings per share: $2.34 expected