Bed Bath & Beyond store closures will kick off a land grab for fast-growing retailers
Bed Bath & Beyond, which filed for bankruptcy, is expected to soon close hundreds of store locations.
Merck results beat expectations despite a big drop in sales of Covid antiviral treatment
Despite the drop in molnupiravir sales, Merck's revenue and adjusted earnings for the first quarter beat Wall Street's expectations.
Comcast beats estimates despite slowing broadband growth, higher Peacock losses
Comcast topped analyst expectations, despite a tough comparison to last year, when NBC aired both the Super Bowl and Beijing Olympics during the first quarter.
American Airlines ekes out a first-quarter profit as carrier ramps up flying
For the second quarter of the year, American Airlines forecast adjusted per-share earnings at the high end of analysts' expectations.
Eli Lilly misses on earnings but raises full-year guidance
The company reported adjusted earnings of $1.62, which missed analyst expectations of $1.73 for the quarter.
Hasbro, Mattel shares rise as toymakers announce multiyear licensing agreement, increased IP focus
Hasbro, Mattel and other toy stocks rallied on Thursday after mixed earnings reports from the two rival toymakers.
Cloudflare stock plunges more than 20% after revising guidance down
The company issued muted guidance for the full-year and upcoming quarters that sent shares down, despite posting a beat on the bottom line.
Snap plunges on first-quarter revenue miss
Snap continues to suffer in a tough digital ad market with its first-quarter sales missing analyst projections.
Intel reports largest quarterly loss in company history
The loss per share was slightly better than soft Wall Street expectations.