Coca-Cola revenue rises in fourth quarter, fueled by higher prices
Coke said its unit case volume, which strips out the impact of currency and price changes, fell 1% in its fourth quarter.
Shares of Palantir pop 19% as it reports first profitable quarter
Palantir's revenue for the quarter increased 18% year over year, and its U.S. commercial revenue grew 12%.
Lyft shares tank 30% after company issues weak guidance
Lyft shares fell more than 20% during after hours trading after issuing weak guidance in its earnings report on Thursday.
China’s biggest chipmaker SMIC posts record 2022 revenue but warns of a tough year ahead
China's biggest chipmaker SMIC posted record revenue in 2022, despite ongoing U.S. sanctions, but warned of a more difficult year ahead.
Affirm cuts 19% of workforce; shares tank on earnings miss
Affirm reported second quarter earnings that fell below analyst estimates on both the top and bottom lines.
Mattel shares tumble after holiday quarter fails to boost Barbie maker’s sagging sales
Mattel had hoped the holiday quarter would boost sales as high inflation weighs on consumers.
Credit Suisse posts massive annual loss, CEO describes results as ‘completely unacceptable’
Credit Suisse on Thursday reported a fourth-quarter net loss of 1.4 billion Swiss francs, as it carried out its strategic overhaul.
PepsiCo earnings beat expectations as price hikes boost snack and beverage sales
PepsiCo saw volume fall 2% across its food business as price hikes hurt demand even as they buoyed revenue.
Tether records surprise profit as stablecoin giant aims to put reserve controversy behind it
Tether on Thursday said it generated $700 million of profit in the December quarter, which the firm has used to boost its reserves.