Twitter misses earnings expectations across the board, authorizes $4 billion in share buybacks
The report is the first under new CEO Parag Agrawal after Jack Dorsey stepped down from the role in November.
PepsiCo beats on fourth-quarter earnings, but warns of cost pressure
PepsiCo beat expectations for fiscal fourth-quarter earnings and revenue, but warned of cost pressures ahead.
Coca-Cola earnings beat estimates as demand for drinks away from home tops pre-pandemic levels
Coca-Cola earnings topped Wall Street's estimates, but the company's 2022 forecast was weaker than expected.
Zillow soars on upbeat outlook and faster-than-expected selloff of homes in portfolio
Zillow said on Thursday in its fourth-quarter earnings report that its winding down its home-flipping business at a rapid clip.
Affirm shares plummet 21% after company releases financial results early
Affirm is one of several hot "buy now, pay later" companies, which offer short-term and low-interest loans to users when they buy consumer goods online.
China’s biggest chipmaker SMIC posts record revenue despite U.S. sanctions
SMIC, China's largest chipmaker, is seen as a key player in Beijing's ambitions to become more self-sufficient in the semiconductor industry.
Under Armour earnings top estimates, but shares fall as supply chain issues hurt growth
Under Armour shares are falling despite the retailer reporting fiscal fourth-quarter earnings and sales ahead of analysts' estimates.
Fed’s Bostic says more than 3 hikes possible this year, but needs to see how economy responds
Bostic said he anticipates hiking interest rates three or four times this year, but the central bank isn't locked into a specific plan.
Homebuyer demand for mortgages drops 10%, as higher interest rates price some people out
Rising mortgage rates are finally taking a toll on homebuyers, who are already stretched by high home prices. As a result, demand for mortgages fell.