Elon Musk, chief executive officer of Tesla Inc and X (formerly Twitter) Ceo speaks at the Atreju political convention organized by Fratelli d'Italia (Brothers of Italy), on December 15, 2023 in Rome, Italy. Antonio Masiello | Getty ImagesTesla is set to report fourth-quarter earnings for 2023 after the bell Wednesday.Here's...
An employee works in an office at the SAP SE campus in Walldorf, Germany.Bloomberg | Getty ImagesShares of German software company SAP jumped to an all-time high in early deals Wednesday after the company released its latest financial results and announced plans to restructure 8,000 jobs in a push...
The Netflix logo is shown on one of the streaming giant's Hollywood buildings in Los Angeles on July 12, 2023.Mike Blake | ReutersLOS ANGELES — Netflix is due to report fourth-quarter earnings after the closing bell Tuesday.The company's performance has been an anomaly in the streaming realm. While competitors...
A Procter & Gamble (P&G) logo is seen during the 6th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 7, 2023 in Shanghai, China.VCG | Getty ImagesProcter & Gamble on Tuesday reported mixed quarterly earnings and revenue for its fiscal second quarter of...
Rafael Henrique | Lightrocket | Getty ImagesEricsson said it expects further decline in 5G gear demand from mobile operators this year after beating fourth-quarter operating profit expectations on Tuesday helped by software sales.Telecoms equipment suppliers are expecting a challenging 2024 as 5G equipment sales - a key source of...
Jakub Porzycki | Nurphoto | Getty ImagesThe world's largest contract chipmaker Taiwan Semiconductor Manufacturing Company on Thursday posted better-than-expected profit and revenue on the back of weaker macroeconomic conditions.Here are TSMC's fourth-quarter results versus LSEG consensus estimates:Revenue: 625.53 billion New Taiwan dollars ($19.62 billion), vs. NT$618.31 billion expectedNet income: NT$238.71 billion, vs....
The Morgan Stanley headquarters is seen in New York City on Jan. 17, 2023.Michael M. Santiago | Getty ImagesMorgan Stanley reported fourth-quarter earnings before the bell Tuesday.Here's how the bank did compared with Wall Street expectations:Earnings per share: 85 cents, may not compare with $1.01 expected, according to LSEGRevenue:...
David Solomon, Chairman and CEO, Goldman Sachs, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California.Michael Kovac | Getty Images Entertainment | Getty ImagesGoldman Sachs is scheduled to report fourth-quarter earnings before the...
Bank of America shares fell about 2% in premarket trading on Friday after the firm reported declining fourth-quarter earnings amid hefty one-time charges.Here's what the company reported compared with Wall Street expectations:Earnings per share: 70 cents adjusted vs. 68 cents per share expected, according to LSEG, formerly known as...
Jane Fraser, CEO of Citigroup, attends a hearing on Annual Oversight of Wall Street Firms before the Senate Committee on Banking, Housing, and Urban Affairs in Washington, D.C., the United States, on Dec. 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty ImagesCitigroup on Friday posted a $1.8 billion...