Eli Lilly appears to be making as much of its popular obesity and diabetes medicines as it can, but shortages are worsening , putting the company's earnings at risk, analysts say. Tirzepatide is the active ingredient in both Eli Lilly's diabetes treatment Mounjaro and its anti-obesity drug Zepbound. The...
CNBC's Jim Cramer expressed sympathy for Southwest as the airline stock was further punished by a new sell call following last week's wider-than-expected quarterly loss on Boeing aircraft delays. "I don't know what you can do. A lot of this is not their fault. It's Boeing's fault," Cramer said...
It's the busiest week of the earnings season, and it could have major consequences for the stock market. About 160 S & P 500 companies are slated to post their results, including Apple, Amazon and McDonald's . Pfizer is also on deck. Through Friday's close, more than 200 S...
An Airbus' employee works on an aircraft part of the Airbus A350 at the Airbus Atlantic plant in Bouguenais, near Nantes, western France, on February 29, 2024.Sebastien Salom-gomis | Afp | Getty ImagesAirbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at...
An Exxon gas station is seen on October 06, 2023 in the Brooklyn borough of New York City.Michael M. Santiago | Getty ImagesExxon Mobil on Friday reported first-quarter earnings that missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.Exxon's stock was...
Gas pumps are seen at a Chevron gas station in Orlando. Paul Hennessy | SOPA Images | Lightrocket | Getty ImagesChevron beat earnings expectations Friday, but its profit fell from the year-ago period as its refineries and international gas business faced headwinds.The oil major's net income declined 16% to $5.5...
Alphabet on Thursday delivered a knockout first-quarter report, with sales, operating margin and profits all topping Wall Street expectations. The search giant also reloaded its stock buyback program and initiated a quarterly dividend for the first time in its history. Total revenue in the three months ended March 31...
Microsoft delivered picture-perfect earnings after the bell Thursday, calming the market's brief fears about runaway spending on AI infrastructure without the cloud revenues to show for it. Revenue increased about 17% year over year, to $61.86 billion, beating the Street consensus estimate of $60.8 billion, according to data from...
Snap reported first-quarter results on Thursday that beat analysts' estimates and showed a return to double-digit revenue growth. Shares soared more than 25% in extended trading. Here's how the company did: Earnings per share: 3 cents adjusted vs. a loss of 5 cents expected by LSEGRevenue: $1.19 billion vs. $1.12 billion...
Honeywell shares are under pressure Thursday, despite the industrial conglomerate exceeding expectations for first-quarter sales and earnings. The culprits: Softer guidance for the current quarter and some uncertainty about a recovery in some of its key businesses. Revenue for the three months ended March 31 totaled $9.1 billion, topping...