Dodge maker Stellantis posts 27% drop in revenues, flags progress in slashing U.S. inventories

Stellantis worker at work inside of the new Hybrid and PHEV Vehicles Stellantis Group eDCT Assembly Plant on April 10, 2024 in Turin, Italy.Stefano Guidi | Getty Images News | Getty ImagesAuto giant Stellantis on Thursday reported a 27% decline in third-quarter net revenues, but said it was making...

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Samsung Electronics Q3 2024 earnings

Customers shop at a Samsung mobile store inside a shopping mall in New Delhi.Reuters | Anindito MukherjeeSamsung Electronics on Thursday reported third-quarter sales and operating profit slightly above its own expectations, but its chip business posted a sharply lower profit from the previous quarter.The semiconductor unit reported third-quarter operating...

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We reiterate our 1 rating on Microsoft despite its softer guidance

Microsoft reported better-than-expected quarterly results Thursday, led by strong growth in its cloud-computing business — but soft guidance pressured shares in after-hours trading. Revenue increased 16% year over year to $65.56 billion in its fiscal 2025 first quarter, beating the Street consensus estimate of $64.51 billion, according to data...

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EBay Q3 earnings report 2024

A sign is posted in front of eBay headquarters in San Jose, California. Justin Sullivan | Getty ImagesShares of eBay slumped about 9% in extended trading on Wednesday after the online marketplace issued guidance for the fourth quarter that fell short of Wall Street's expectations.Here's how the company did in...

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Coinbase shares tumble as muted crypto trading leads to a third-quarter miss

Monitors display Coinbase signage during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021.Michael Nagle | Bloomberg | Getty Images Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market.The stock fell more than 4% in extended...

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Carvana (CVNA) Q3 2024 earnings

A Carvana sign and signature vending machine in Tempe, Arizona.Michael Wayland | CNBCCarvana on Wednesday raised its 2024 earnings guidance after the online used-car retailer significantly topped Wall Street's third-quarter expectations.Here's how the company performed in the third quarter, compared with average estimates compiled by LSEG:Earnings per share: 64 cents...

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