An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington.Lindsey Wasson | ReutersBoeing said Thursday that it likely lost about $4 billion in the fourth quarter, adding to troubles at the manufacturer,...
Check out the companies making headlines after the bell : Boeing — The airplane maker saw shares dropping nearly 2% in after-hours trading after the company released preliminary fourth-quarter financial results. The company said it expects to post a loss of $5.46 per share for the fourth quarter as...
Twilio CEO Khozema Shipchandler speaks at Twilio's Signal event in Sao Paulo on Aug. 14, 2024.Courtesy: TwilioCloud communications software maker Twilio on Thursday issued a hopeful profit forecast for the next few years.The company sees its adjusted operating margin widening to between 21% and 22% in 2027 as part...
Check out the companies making headlines in midday trading: Alcoa — Alcoa's shares fell about 4% after CEO William Oplinger said on Wednesday that U.S. tariffs on Canadian imports would increase the cost of aluminum by $1.5 billion to $2 billion a year, and that increasing the cost of trade...
A sign is posted in front of Electronic Arts (EA) headquarters on March 30, 2023 in Redwood City, California. Video game maker Electronic Arts announced plans to cut 6 percent of its nearly 13,000 person workforce.Justin Sullivan | Getty ImagesShares of Electronic Arts headed for their steepest drop since...
It can be challenging for developers of fintech apps to integrate repayment, balance transfer, and bill pay functionality. Devs often have to deal with a patchwork of brittle screen-scraping APIs to extract data from users’ financial institutions — or worse, tools to process mounds of physical checks and paperwork. Three...
Check out the companies making headlines in premarket trading. American Airlines — Shares sank 8% after the airline forecast an adjusted loss of 20 cents to 40 cents per share for the first quarter. That's wider than the 2 cent loss expected by analysts LSEG polled. However, American reported...
An American Airlines Boeing 787-8 Dreamliner departs from Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty ImagesAmerican Airlines reported a jump in fourth-quarter profits with results coming in ahead of analysts' expectations, though its first-quarter outlook fell short...
Illustration of the SK Hynix company logo seen displayed on a smartphone screen.Sopa Images | Lightrocket | Getty ImagesSouth Korea's SK Hynix, one of the largest memory chipmakers in the world, posted record quarterly earnings Thursday on the back of strong sales of high bandwidth memory used in generative...