Keurig Dr Pepper earnings meet estimates as higher prices fuel U.S. soda sales
Keurig Dr Pepper's second-quarter earnings and revenue met Wall Street's expectations.
American shares drop 7% on weak profit forecast after backfired sales plan, industry oversupply
The carrier's profit fell 46% during the second quarter even though revenues rose.
Southwest profit falls 46% as airline takes ‘urgent’ steps to increase revenue
Southwest is under pressure from an activist investor after it lagged competitors.
Nvidia supplier SK Hynix posts highest quarterly profit in 6 years on AI chip leadership
SK Hynix on Thursday said that a continuous rise in overall prices of its memory products led to a 32% increase in revenue compared with...
Unilever pops 6% on guidance raise, Ben & Jerry’s spinoff on track to complete by end of 2025
The British company, whose vast portfolio of brands spans Dove, Axe, Knorr and Vaseline, recorded sales growth across all segments in the first half of...
Shares of Gucci-owner Kering hit seven-year low after weak forecast, revenue drop on low China sales
Shares in Gucci-owner Kering fell on Thursday after the luxury group announced a sharp decline in revenue in the first half of the year.
Jeep, Dodge-maker Stellantis reports 48% drop in first-half net profit on weak U.S. sales
Auto giant Stellantis on Thursday reported a steep drop in first-half net profit, citing reduced volumes and lower market share in North America.
We’re slashing our rating on Ford after the automaker’s old issues come back to haunt it
Shares of Ford Motor were understandably selling off in extended trading Wednesday after a steep earnings miss tied to warranty costs.
IBM shares jump on earnings and revenue beat
IBM reported better-than-expected results for the second quarter, and the company said it's seeing more business tied to generative artificial intelligence.