In this article BYND Packs of Beyond Meat plant-based burger patties are displayed for sale. Paul Yeung | Bloomberg via Getty Images Beyond Meat on Thursday reported a wider-than-expected loss as higher costs and investments in its business weighed on margins. The company also expressed caution for the second half of the year, citing the
Finance
Virgin Galactic’s passenger rocket plane VSS Unity, carrying Richard Branson and crew, begins its ascent to the edge of space above Spaceport America near Truth or Consequences, New Mexico, U.S. July 11, 2021 in a still image from video. Virgin Galactic | via Reuters Virgin Galactic delivered second-quarter results after the market closed on Thursday
Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Berkshire Hathaway‘s operating income continued to rebound as its myriad of businesses from energy to railroads benefited from the economic reopening. The conglomerate reported operating earnings of $6.69 billion in the second quarter, up 21% from $5.51
In this article DRLCO-DK A crane loads a shipping container branded A.P. Moller-Maersk onto a freight ship. Balint Porneczi | Bloomberg | Getty Images Maersk, the world’s largest container shipping firm, has posted a sharp increase in second-quarter earnings as congestions and bottlenecks continue to drive up shipping rates. The company on Friday reported earnings
In this article NCLH The Norwegian Dawn cruise ship arriving in the French Mediterranean port of Marseille, July 27, 2021. Gerard Bottino | SOPA Images | LightRocket | Getty Images Norwegian Cruise Line reported mixed second-quarter results on Friday ahead of its first cruises in the U.S. since last year. Shares of the company fell
A mobile phone shows Huawei app interface. Huawei unveiled HarmonyOS, its own operating system in 2019. In June 2021, the company launched the operating system on a smartphone for the first time. Costfoto | Barcroft Media | Getty Images The chairman of Huawei said the Chinese technology company’s “aim is to survive” as revenue fell
The highest-valued cloud stocks have been on a tear of late and just got a further boost from data analytics and monitoring company Datadog, whose results blew past analysts’ estimates. Datadog shares jumped 15% on Thursday to close at a record $132.47. Heading into the day, Datadog traded for about 32 times revenue over the
In this article DBSM-SG DBS Group Holdings in the central business district of Singapore. Nicky Loh | Bloomberg | Getty Images SINGAPORE — DBS Group Holdings, the largest bank in Singapore and Southeast Asia, reported on Thursday second-quarter earnings that beat expectations as the economic recovery in its home market takes hold. The bank’s net
An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy reported better-than-expected second-quarter results after the bell on Wednesday, but it gave guidance for the current quarter that suggests the pandemic-fueled commerce boom may be stalling. The stock slid as much
In this article CBK-DE The Commerzbank AG logo sits on an illuminated sign outside a bank branch as the bank’s headquarters stand beyond at dusk in Frankfurt, Germany, on Monday, Feb. 5, 2017. Alex Kraus | Bloomberg | Getty Images LONDON — Commerzbank on Wednesday reported a net second-quarter loss due to restructuring costs and
In this article LYFT Signage for Lyft is seen displayed at the NASDAQ MarketSite in Times Square in celebration of its initial public offering (IPO) on the NASDAQ Stock Market in New York, U.S., March 29, 2019. Shannon Stapleton | Reuters Lyft reported second quarter financial results after-the-bell Tuesday, easily beating on both the top
BP logos are seen at a BP petrol and diesel filling station southeast of London on June 15, 2020. BEN STANSALL | AFP | Getty Images LONDON — Oil and gas giant BP beat second-quarter earnings expectations on Tuesday, while expanding its dividend and share buyback program. The U.K.-based energy major said it will buy
In this article HSBA-GB Pedestrians wearing protective masks walk past a logo displayed at a HSBC bank branch in the central district of Hong Kong. Roy Liu| Bloomberg | Getty Images HSBC is scheduled to release its financial report card for the first half of 2021 at 12 noon Hong Kong/Singapore time on Monday. Analysts
A Shell logo seen at a petrol station in London. A court in The Hague has ordered oil giant Shell to reduce its carbon emissions by 45% compared to 2019 levels by 2030, in what is widely seen as a landmark case. SOPA Images | LightRocket | Getty Images LONDON — Oil giant Royal Dutch
In this article CMCSA CEO of Comcast Brian Roberts arrives for the Allen & Company Sun Valley Conference on July 06, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Comcast is set to report second-quarter financial results before-the-bell Thursday. Here are the key numbers: Adjusted earnings per share: 67 cents expected in a Refinitiv
In this article YUM Signage is displayed outside a Yum! Brands Inc. Taco Bell and Kentucky Fried Chicken (KFC) restaurant in Louisville, Kentucky, U.S., on Thursday, Jan. 30, 2020. Luke Sharrett | Bloomberg | Getty Images Yum Brands on Thursday reported quarterly earnings and revenue that topped analyst predictions as same-store sales grew at all
In this article KMB PG View of Dawn dish soap liquid at Stop & Shop Supermarket. Ron Adar | LightRocket | Getty Images Procter & Gamble is set to report its fiscal fourth-quarter earnings results before the market opens on Friday. Here’s what Wall Street is anticipating, based on a survey of analysts by Refinitiv:
In this article XOM CVX Oil well pump jacks operated by Chevron Corp. in San Ardo, California, U.S., on Tuesday, April 27, 2021. David Paul Morris | Bloomberg | Getty Images Chevron reported a second straight quarter of profits Friday as improving demand for petroleum products and a jump in oil prices boosted operations. The
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