Fiserv CEO Frank J. Bisignano at the New York Stock Exchange on June 7, 2023.Source: NYSEShares of Fiserv jumped more than 7% on Wednesday to a record after the payments company reported better-than-expected fourth-quarter earnings and issued guidance that also topped estimates.The stock closed at $229.53, exceeding its previous...
Austan Goolsbee speaking at Jackson Hole on August 23, 2024. David A. Grogan | CNBCFederal Reserve officials take great pains not to comment on fiscal policy, but the looming threat from tariffs is forcing their hand.In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding...
Check out the companies making headlines after the bell : Qualcomm — The semiconductor stock slipped close to 5% despite reporting stronger-than-expected earnings and revenue for its fiscal first quarter. Qualcomm posted adjusted earnings of $3.41 per share on revenue of $11.67 billion, exceeding the $2.96 per share and...
Michael Saylor, chairman of MicroStrategy, speaks at the Bitcoin 2024 conference in Nashville, Tennessee, US, on Friday, July 26, 2024. The conference is an annual event organized by BTC Media LLC for fans of the original cryptocurrency. Photographer: Liam Kennedy/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesStrategy, the...
Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024.Ann Wang | ReutersQualcomm reported better-than-expected fiscal first-quarter results on Wednesday and issued strong guidance for the current period.Here's how the chipmaker did versus LSEG consensus estimates for the quarter ending Dec. 29:Earnings per share:...
It's been a rocky few months for Novo Nordisk.Prescription data from IQVIA suggests Novo's obesity drug Wegovy is losing ground to rival Zepbound from Eli Lilly. Wegovy's potential successor, CagriSema, came up short of investor expectations in a closely watched Phase 3 trial. Novo's stock has fallen more than...
Check out the companies making headlines in midday trading. Alphabet — Shares sank nearly 8% after the Google parent reported fourth-quarter revenue of $96.47 billion, short of the $96.56 billion expected from analysts polled by LSEG. Alphabet also said it will invest $75 billion in 2025 as it expands...
The rejuvenated Disney kept rolling Wednesday, delivering first-quarter results that beat expectations alongside reasons for optimism in the year ahead. Revenue in the three months ended Dec. 31 rose 5% on an annual basis to $24.69 billion, topping expectations of $24.62 billion, according to estimates compiled by LSEG. Adjusted...
The Ford exhibit area is shown at the 2025 Detroit Auto Show at Huntington Place in Detroit, Michigan, on Jan. 10, 2025.Bill Pugliano | Getty ImagesDETROIT — Ford Motor is set to report its fourth-quarter earnings after the bell Wednesday.Here is what Wall Street is expecting, according to average...
Wednesday's drop in Chipotle 's stock could be a buying opportunity, according to several Wall Street analysts. Shares fell as much as 5.6% in early trading after the fast-casual burrito chain late Tuesday gave a weak same-store sales forecast for the full year and said it saw weaker traffic...