Some of the companies reporting results in the upcoming week are more likely than others to see their stocks get an earnings-powered boost. Fifteen percent of the stocks in the S & P 500 — or 76 names in the index — are due to report results in the...
The second half of the earnings season is well under way, but a host of key companies remain set to report and give investors insight into what may be next for the stock market and the economy. More than 70 S & P 500 names are slated to report...
Signage outside the Nasdaq MarketSite in New York on March 23, 2023.Stephanie Keith | Bloomberg | Getty ImagesWith second-quarter earnings from tech's mega-cap companies largely in the rearview mirror, one thing is clear: Wall Street is nervous.The Nasdaq slumped 3.4% this week, bringing its three-week slide to 8.8%. It's...
Linde on Friday reported another impressive quarter, as the industrial gas supplier continues to demonstrate its reliability and value in a diversified stock portfolio. Revenue in the second quarter totaled $8.27 billion, a bit shy of the $8.32 expected by analysts, according to estimates compiled by LSEG. On annual...
Coterra Energy missed Wall Street expectations for sales and earnings in the second quarter. However, production volumes and more importantly cash generation both came in ahead of expectations. Revenue in the three months ended June 30 increased 7% year over year to $1.27 billion but came up short versus...
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. GroganBerkshire Hathaway's highly scrutinized cash pile could top $200 billion — more than the entire annual gross domestic product of Hungary — amid CEO Warren...
Gas pumps are seen at a Chevron gas station in Orlando.Paul Hennessy | SOPA Images | Lightrocket | Getty ImagesChevron missed second-quarter earnings expectations, hurt by lower refining margins as the stock is already under pressure from delays to its pending acquisition of Hess Corporation.Chevron's shares fell about 2%...
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...