People look at Rivian electric trucks at the auto maker's newly opened storefront in the Meatpacking District of Manhattan on June 23, 2023 in New York City.Spencer Platt | Getty ImagesRivian reported a 36% decline in first-quarter deliveries on Wednesday, as the electric-vehicle maker grapples with weak demand, sending...
A FedEx plane prepares to leave the FedEx Cargo Hub at Miami International Airport on Feb. 12, 2025 in Miami, Florida.Joe Raedle | Getty ImagesFedEx lowered its full-year profit and revenue forecasts on Thursday, as the parcel delivery firm battles stubbornly soft demand and uncertainty in the U.S. industrial economy...
Pavlo Gonchar | SOPA Images | Lightrocket | Getty ImagesSnowflake forecast fiscal 2026 product revenue above analysts' estimates on Wednesday as the data analytics provider sees rising cloud service growth amid advancements in artificial intelligence, sending its shares up 11% in extended trading.The company also said it has integrated...
People walk past an AMC theatre in Manhattan in New York City, U.S., February 25, 2025. Jeenah Moon | ReutersAMC Entertainment topped Wall Street estimates for quarterly revenue on Tuesday, boosted by wildly popular releases including "Moana 2" and "Wicked" that helped draw a strong crowd of moviegoers.Shares of the...
Avishek Das | SOPA Images | Lightrocket | Getty ImagesTrading platform Robinhood reported a surge in fourth-quarter profit on Wednesday, fueled by frenetic activity in equity and crypto markets following Donald Trump's presidential election victory.Shares of the company surged more than 11% in extended trading.Robinhood's transaction-based revenue, or income...
DuPont shares jumped Tuesday on better-than-expected earnings and revenue — boosted, in part, by the company's exposure to the fast-growing artificial intelligence semiconductor market. The stock has tested our patience, but quarters like this demonstrate why we have stayed invested through the doldrums. Fourth-quarter net sales rose 6.7% year...
Linde 's earnings Thursday was a great example of why investors should always wait to hear from management before making any moves. Shares of the industrial gas giant fell after delivering a softer forecast than Wall Street expected — and is accustomed to. But the stock clawed its way...
Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil prices and weaker refining margins.Fourth quarter profit was $7.39 billion. Profit per share was $1.67, beating analyst estimates of $1.56, according to LSEG data.The No. 1 U.S. oil producer...
Michael Wirth, CEO of Chevron.Adam Jeffery | CNBCChevron reported fourth-quarter earnings below Wall Street estimates on Friday as weak margins pushed its refining business into a loss for the first time since 2020.The second-largest U.S. oil producer posted total earnings of $3.24 billion for the three months ended Dec....
Travelers check in at Southwest Airlines at Hartsfield-Jackson Atlanta International Airport on June 28, 2024 in Atlanta, Georgia. Kevin Dietsch | Getty ImagesU.S. budget carrier Southwest Airlines' fourth-quarter profit surpassed Wall Street estimates on Thursday, helped by robust travel demand and improved airfares.The airline also forecast better-than-expected unit revenue (RASM),...