Signage shines through a window reflecting Barclays head office in Canary Wharf, London, U.K.Bloomberg | Getty ImagesLONDON — British bank Barclays on Thursday reported £1.6 billion ($2 billion) net profit attributable to shareholders for the third quarter, beating expectations.The result compared with the £1.17 billion net profit forecast in an LSEG poll...
Check out the companies making headlines after the bell : T-Mobile U.S. — The telecommunications giant rose about 3% after posting a third-quarter earnings surprise to the upside. T-Mobile reported earnings per share of $2.61 on $20.16 billion in revenue, while analysts polled by LSEG had been looking for...
IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024.Stefan Wermuth | Bloomberg | Getty ImagesIBM shares moved 4% lower in extended trading on Wednesday after the hardware, software and consulting provider fell short of Wall Street's revenue expectations for the third...
A man walks past signage for the the 2024 IMF/World Bank Annual Meetings outside of the headquarters of the International Monetary Fund in Washington, DC on October 18, 2024. Daniel Slim | AFP | Getty ImagesThe International Monetary Fund warned Wednesday that the public debt situation worldwide could be more...
Check out the companies making headlines in midday trading. McDonald's — The fast-food stock pulled back more than 5% after the U.S. Centers for Disease Control and Prevention said an E. coli outbreak was tied to the chain's Quarter Pounder burgers . The outbreak led to 10 hospitalizations and...
SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. Anna Moneymaker | Getty ImagesTesla is set to report third-quarter earnings on Wednesday after the close of regular trading.Here's what analysts...
Check out the companies making...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
A Starbucks logo at a location in New York, Aug. 17, 2023.Gabby Jones | Bloomberg | Getty ImagesStarbucks is expected to report its fiscal fourth-quarter earnings before the bell Thursday.Here's what Wall Street analysts surveyed by LSEG, formerly known as Refinitiv, are expecting:Earnings per share: 97 cents expectedRevenue: $9.29...
By Mosche Amara from SparxIT. Organizations and entrepreneurs have seen the potential of blockchain technology in various industry verticals, including finance, supply chain, healthcare, and retail. As these companies have acknowledged the importance of digital innovation, they are eager to find blockchain development services best suited to their needs. A blockchain...
People pump gas into their vehicles at a Shell petrol station on October 2, 2023 in Alhambra, California. Frederic J. Brown | Afp | Getty ImagesBritish oil giant Shell on Thursday reported $6.2 billion profit for the third quarter, roughly in line with estimates, as the company benefited from higher oil...
Cristiano Amon, president and CEO of Qualcomm Incorporated, speaks during an interview with CNBC on the floor of the New York Stock Exchange (NYSE) in New York, April 28, 2022.Brendan McDermid | ReutersQualcomm reported fiscal fourth-quarter earnings on Wednesday that beat expectations for sales and earnings, despite big year-over-year...
Charles Schwab Corp. finished cutting as much as 6% of its 35,900 member workforce, amid efforts to curb costs as it continues to integrate TD Ameritrade, according to a company spokesperson. The number of cuts, ranging from 5% to 6% of staff at the Westlake, Texas-based company, translates to as...
Brian Chesky, co-founder and CEO of Airbnb, speaks during an interview with CNBC on the floor of the New York Stock Exchange, May 10, 2023.Brendan McDermid | ReutersAirbnb shares slipped about 3% in after-hours trading Wednesday after the company reported stronger-than-expected revenue, buoyed by currency tailwinds, but provided weaker-than-expected...
A video sign displays the logo for Roku, a video streaming firm, in Times Square after the company's initial public offering at the Nasdaq Market in New York on Sept. 28, 2017.Brendan McDermid | ReutersShares of Roku soared in after-hours trading on Wednesday after the company reported better-than-expected revenue...
