AT&T exceeded market expectations for wireless subscriber additions in the second quarter on Wednesday, as higher-tier unlimited plans attracted customers.
Elon Musk, CEO of Tesla.Antonio Masiello | Getty ImagesTesla shares fell more than 8% in premarket trading in the U.S. after the electric carmaker reported second-quarter earnings that missed expectations amid ongoing pressure in its auto business.The stock pared losses to trade down 7.3% at 04:37 ET. Elon Musk's...
Italian bank UniCredit on Wednesday posted better-than-expected second quarter profit and said it was buying a Belgian digital bank with its own cloud-based IT platform for 370 million euros ($401 million).Led since 2021 by former UBS investment banking chief Andrea Orcel, UniCredit is at the center of speculation over...
Bank of Santander HeadquartersGetty ImagesBanco Santander posted a 20% year-on-year hike in second-quarter net profit underpinned by growth in its retail, wealth and consumer activity, after firm revenues and margin management in Europe and Brazil.The company's net profit attributable to the parent group came in at 3.207 billion euros...
Deutsche Bank offices in the City of London on July 2, 2024, in London, U.K. Mike Kemp | In Pictures | Getty ImagesGermany's largest lender Deutsche Bank on Wednesday snapped a 15-quarter profit streak with a narrower-than-expected loss, as it made a provision for an ongoing lawsuit over its Postbank...
Alphabet on Thursday delivered largely better-than expected earnings results that showed the search and cloud giant is finally on better footing in the fast-growing AI space. Total revenue in the three months ended June 30 rose 13.6% year over year to $84.74 billion, outpacing the $84.19 billion expected, according...
A dog looks out the window from a Tesla electric vehicle charging at a Tesla Supercharger location in Santa Monica, California, on May 15, 2024.Patrick T. Fallon | AFP | Getty ImagesCheck out the companies making headlines in extended trading:Alphabet — The tech giant slipped 1% despite a beat...
Shares of Danaher popped more than 6% on Tuesday after the life sciences company delivered a strong quarter and reaffirmed its guidance — signaling the longtime Club stock is back on track. Revenue for the period ended June 28 declined 3.5% organically year over year to $5.74 billion, outpacing...
Google parent company Alphabet is set to report its second-quarter earnings Tuesday after the market closes.Here's what analysts are expecting:Earnings per share: $1.84, according to LSEGRevenue: $84.19 billion, according to LSEGWall Street is also watching several other numbers in the report:YouTube advertising revenue: $8.93 billion, according to StreetAccountGoogle Cloud revenue: $10.20...
Check out the companies making headlines in midday trading: Spotify Technology — Shares surged 12% after the music streaming company posted better-than-expected second-quarter earnings. Gross margin and operating income also surpassed expectations. Analysts said they remain cautiously optimistic despite softness in monthly active user counts, pointing to strong margin...