Check out the companies making headlines in midday trading: Boeing — The aerospace giant fell 1.5% even after noting that it burned through $3.9 billion in cash in the first quarter. The cash burn was lower than what analysts had feared. Boeing also posted an adjusted loss of $1.13...
The Ford display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBCDETROIT — Ford Motor is announcing first-quarter earnings after the markets close Wednesday.Here is what Wall Street expects, based on average analyst estimates compiled by LSEG:Earnings per share: 42 cents adjustedAutomotive revenue: $40.10...
Mark Zuckerberg, CEO, Meta Platforms, in July 2021.Kevin Dietsch | Getty Images News | Getty ImagesMeta will report first-quarter results after the bell Wednesday.Here's what analysts are expecting.Earnings per share: $4.32, according to LSEG.Revenue: $36.16 billion, according to LSEG.Daily active users (DAUs): 2.12 billion, according to StreetAccountMonthly active users...
US Federal Reserve Board Chairman Jerome Powell arrives to testify at a House Financial Services Committee hearing on the "Federal Reserve's Semi-Annual Monetary Policy Report," on Capitol Hill in Washington, DC, March 6, 2024. Mandel Ngan | Afp | Getty ImagesWith the economy humming along and the stock market, despite...
Sanlo, a fintech startup that helps gaming companies manage finances, announced Wednesday the closed beta launch of its webshop tool, giving select game developers and studios a plug-in-play solution that works alongside their existing tech stacks. Gaming companies can join the waitlist starting today. With Google and Apple charging a...
By just about every measure, Tesla's first-quarter earnings report on Tuesday was dreary. The company missed estimates on the top and bottom lines. Revenue fell by 9% year over year, the worst decline since 2012. Auto sales dropped 13% from the same period in 2023. Free cash flow turned negative.But...