Snap reports ‘challenging’ quarter that missed sales and profit estimates
Snap reported first-quarter results on Thursday after the bell.
Old Navy CEO to exit as parent company Gap cuts sales guidance
Gap Inc. announced Thursday that the CEO of its Old Navy division, Nancy Green, is leaving her post this week.
American forecasts second-quarter profit on soaring travel demand, airline stocks rally
American expects to fly as much as 94% of its 2019 second-quarter schedule, more than competitors Delta Air Lines and United Airlines.
Tesla reports $18.76 billion in revenue and record margins in Q1
Revenue growth was driven in part by an increase in the number of cars Tesla delivered, and an increase in average sales prices
United forecasts a 2022 profit as passengers return and pay more to fly
United says strong demand and higher fares are allowing the airline to cover its fuel costs.
Procter & Gamble tops Wall Street estimates as price hikes counteract higher costs
Consumer goods giant P&G may serve as a bellwether for investors as costs rise and shoppers weigh higher price tags.
J&J lowers 2022 revenue and earnings expectations, stops giving Covid vaccine sales guidance
When asked about halting guidance for J&J's Covid vaccine, CFO Joe Wolk said the shots are not for profit and do not impact the company's...
IBM first-quarter results beat estimates
IBM sees growth in 2022 after the company spun off its managed-infrastructure services unit.
Netflix shares crater 25% after company reports it lost subscribers for the first time in more than 10 years
It's the first time the streamer has reported a subscriber loss in more than a decade.