The container ship Maersk Murcia sits moored in the port of Gothenburg, Sweden, on August 24, 2020.JONATHAN NACKSTRAND | AFP | Getty ImagesShipping giant Maersk, a bellwether for global trade, on Friday announced plans to reduce its workforce by more than 10,000 people and said it expected profit to...
French bank Societe Generale reported second quarter results for 2023.Chesnot | Getty Images News | Getty ImagesSociete Generale, France's third-biggest listed bank, posted better-than-expected quarterly earnings onFriday, as a resilient performance from its investment bank offset the steep downturn seen at its French retail division.SocGen's third-quarter reported group net...
Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida.Joe Raedle | Getty ImagesShares of fintech firm Block surged...
Michael Cannon-Brookes, co-CEO, AtlassianScott Mlyn | CNBCAtlassian shares plummeted 9% in extended trading Thursday despite better-than-expected earnings and revenue from the software maker and a forecast that met Wall Street's expectations.Here's how the company did, compared with the consensus among analysts surveyed by LSEG, formerly known as Refinitiv:Earnings: 65...
The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023.Patrick T. Fallon | AFP | Getty ImagesParamount Global's stock jumped in extended trading Thursday after it reported strong revenue and subscription trends in its third quarter earnings report.The after-hours move came...
Apple CEO Tim Cook holds a new iPhone 15 Pro during the Wonderlust project launch event at the company's headquarters in Cupertino, California, Sept. 12, 2023.Loren Elliott | ReutersApple will report fourth-quarter earnings after the bell on Thursday.Analysts expect Apple to report its fourth straight quarter of overall revenue...
Alex Karp, co-founder and CEO of Palantir arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023.Stefani Reynolds | Afp | Getty ImagesShares of Palantir popped 21% Thursday after the company released third-quarter earnings that beat analysts'...
Moderna on Thursday posted a steep loss for the third quarter as it recorded a large write-down due to unused doses of its Covid vaccine, its only marketable product, and unveiled plans to scale back production of the shot. Moderna's total revenue for the period topped Wall Street's expectations, even...
Eli Lilly and Company, Pharmaceutical company headquarters in Alcobendas, Madrid, Spain.Cristina Arias | Cover | Getty ImagesEli Lilly on Thursday reported third-quarter revenue and adjusted earnings that topped estimates on strong demand for its diabetes drug Mounjaro, but slashed its full-year profit guidance due to charges primarily related to...
A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. Peloton Interactive Inc. is scheduled to release earnings figures on November 2.Michael Nagle | Bloomberg | Getty ImagesShares of Peloton plunged about 8% in premarket trading Thursday after the company reported a wider-than-expected quarterly...