Why Are Walmart Stocks Rising? The retailer exceeds its estimates and increases its forecast.

Text size Walmart posted second-quarter adjusted earnings of $1.77 per share. Justin Sullivan/Getty Images walmart it is sales rose and earnings beat estimates in the second quarter, pushing shares of the retail giant higher. Tuesday, walmart (ticker: WMT) posted adjusted earnings of $1.77 per share, beating analyst estimates of $1.63, according to FactSet. Sales of … Read more

The investing game plan as retail giants Walmart and Target wrap up season

Earnings season is winding down, but there are still some big names to report. More than 90% of S&P 500 companies have already reported earnings, with 78% of those names posting earnings above expectations, according to Refinitiv. These results helped overall S&P 500 earnings rise 9.7% from the prior year period. In other words, it … Read more

Saudi Aramco’s profits rise 90% in the second quarter amid soaring energy prices

An employee looks at the Saudi Aramco oil facilities in Abqaiq, Saudi Arabia, October 12, 2019. Maxim Chemetov | Reuters Saudi oil giant Aramco reported a dramatic 90% increase in second-quarter net profit and record half-year results on Sunday as high oil prices continue to generate historic windfalls for Big Oil. Aramco said strong market … Read more

Amazon stock jumps 14% as sales batter and AWS growth overcomes second straight quarterly loss

Amazon.com Inc. decided to cut spending after years of pumping money into growth, and the result was a second straight quarterly loss, but slowing sales and continued strong growth for Amazon Web Services. helped push the stock higher after hours trading. Thursday. Amazon AMZN, +1.08% reported a second-quarter loss of $2 billion, or 20 cents … Read more

Opinion: Is Mark Zuckerberg taking the first step towards transforming Facebook into Yahoo 2.0?

Yahoo was once the most popular website on the planet, the one place everyone on the internet seemed to touch at least once per online session. However, after an ignominious slide, Yahoo is just another site that has fans in parts of Asia and offers niche products. Did Mark Zuckerberg start Facebook down a similar … Read more

Qualcomm (QCOM) Q3 2022 results

Qualcomm President and CEO Cristiano Amon speaks about Qualcomm’s technology for automakers during a press conference during CES 2022 in Las Vegas, Nevada on January 4, 2022. Steve Marcus | Reuters Qualcomm reported third-quarter earnings after the bell on Wednesday, slightly beating Wall Street expectations, but guidance for the current quarter fell short of consensus … Read more

Qualcomm (QCOM) Q3 2022 results

Qualcomm President and CEO Cristiano Amon speaks about Qualcomm’s technology for automakers during a press conference during CES 2022 in Las Vegas, Nevada on January 4, 2022. Steve Marcus | Reuters Qualcomm reported third-quarter earnings after the bell on Wednesday, slightly beating Wall Street expectations, but guidance for the current quarter fell short of consensus … Read more

Boeing reported another big loss. 737 MAX Concerns hit the stock.

Text size Boeing delivered 121 commercial aircraft in the second quarter of 2022, compared to 95 aircraft delivered in the first quarter. Justin Tallis/AFP via Getty Images from Boeing quarterly earnings were messy, again. And on the company’s earnings conference call, more bad news related to the 737 MAX led the stock to pare all … Read more

Boeing, Hilton, Spotify, Garmin and more

Check out the companies making headlines before the bell: Boeing (BA) – Boeing posted a larger than expected quarterly loss with incomes below consensus estimates. However, Boeing reported positive operating cash flow and, unlike previous quarters, did not record any expenses related to the production of its 737 MAX aircraft. Boeing jumped 4.4% in premarket … Read more

Boeing (BA) Q2 2022 earnings are below estimates

An aerial view of Boeing 777X and Boeing 737 MAX 10 aircraft parked at King-Boeing Field County International Airport in Seattle, Washington on June 1, 2022. Lindsey Wasson | Reuters Boeing Wednesday blocked by its return to free cash flow forecast this year as it prepares to resume deliveries of its 787 Dreamliner jets after … Read more