Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, the Labor Department reported Friday.Nonfarm payrolls grew by just 114,000 for the month, down from the downwardly revised 179,000 in June and below the Dow Jones estimate for 185,000. The unemployment...
Check out the companies making headlines before the bell. Exxon Mobil — The energy giant reported a stronger-than-expected profit for the second quarter amid record production in Guyana and the Permian Basin. Earnings per share came in at $2.14, beating an LSEG forecast of $2.01 per share. Shares were...
Players of Team United States celebrate following victory during the Women's Rugby Sevens Bronze medal match between Team United States and Team Australia on day four of the Olympic Games Paris 2024 at Stade de France on July 30, 2024 in Paris, France. Michael Steele | Getty Images Sport |...
An Exxon Mobil gas station in Washington, D.C., on Nov. 28, 2023.Al Drago | Bloomberg | Getty ImagesExxonMobil on Friday posted its second highest results for the second quarter in the past decade, as the company achieved record production in Guyana and the Permian Basin.Exxon shares rose more than...
With nearly three-fourths of the S & P 500 reporting second-quarter results, the earnings picture for the back half of the year is looking unusually complicated. It's been a 'meh' quarter so far We have the usual beat on bottom-line earnings, but revenue beats are below expectations. About 79% of...
Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda.Charly Triballeau | AFP | Getty ImagesNintendo on Friday reported revenue and profit that plunged in the company's fiscal first quarter, as sales of the ageing Switch console...
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference on March 18, 2024. David Paul Morris/Bloomberg via Getty ImagesNot all chip firms are benefitting from the boom in artificial intelligence, earnings show, underscoring the complexities of the...
Apple delivered quarterly beats after Thursday's closing bell ahead of what's expected to be a robust artificial intelligence iPhone upgrade cycle in the months the come. Revenue in Apple's fiscal third quarter, which ended in June, grew 5% year-over-year to a record of $85.78 billion – ahead of the...
Apple CEO Tim Cook opens WWDC 2024 in Cupertino, California, on June 10, 2024.Source: AppleThe topic of greatest interest to analysts on Apple's quarterly earnings call on Thursday was a product that's not even available to the general public yet.Apple Intelligence, the company's forthcoming artificial intelligence system, could spur...
Shares of Nextracker dropped in extended trading Thursday as questions about the solar technology firm's backlog of projects overshadowed its better-than-expected quarterly results. Revenue in its fiscal 2025 first-quarter rose 50% year over year to $719.9 million, far ahead of the $617.5 million expected by analysts, according to LSEG....