The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024.Spencer Platt | Getty ImagesMerck on Thursday reported third-quarter revenue and adjusted earnings that topped expectations as the company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its...
Check out the companies making headlines in midday trading. Peloton — Shares soared 28% after the exercise equipment company posted better-than-expected results for its fiscal first quarter and raised its full-year profit outlook. Peloton also announced that Ford executive Peter Stern will serve as its next CEO starting January....
Amazon will report results for the third quarter after the bell Thursday. Here's what analysts are expecting:Earnings: $1.14 per share expected by LSEGRevenue: $157.2 billion expected by LSEGAmazon Web Services: $27.5 billion, according to StreetAccountAdvertising: $14.3 billion, according to StreetAccountThe company warned in its most recent earnings report that sales...
Shares of troubled Nextracker jumped Thursday, the morning after delivering strong quarterly results and increases to the solar company's full-year profitability outlook and project backlog. Revenue in its fiscal 2025 second quarter totaled $635.6 million, up nearly 11% year over year and ahead of the consensus estimate of $615.4...
Roblox gift cards are seen at a store in Krakow, Poland on July 5, 2023. Jakub Porzycki | Nurphoto | Getty ImagesVideogame platform Roblox raised its forecast for full-year 2024 bookings on Thursday, as it continues to benefit from robust spending within its virtual worlds, sending its shares up over...
The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty ImagesBristol Myers Squibb on Thursday reported third-quarter earnings and revenue that blew past Wall Street's expectations thanks to its blockbuster blood thinner Eliquis and...
Inflation increased slightly in September and moved closer to the Federal Reserve's target, according to a Commerce Department report Thursday.The personal consumption expenditures price index showed a seasonally adjusted 0.2% increase for the month, with the 12-month inflation rate at 2.1%, both in line with Dow Jones estimates. The...