[ad_1] A pullback in megacap technology stocks deepened Thursday, dragging the Nasdaq Composite into its worst two-day decline of the year. The tech-heavy index dropped 1.8%, while the S&P 500…
Tag: Earnings Surprises
Boeing Cuts 737 Delivery Goal for Year
[ad_1] Boeing booked a third-quarter loss and lowered delivery goals this year for its 737 MAX jet, which accounts for the bulk of the plane maker’s output. Boeing lost $1.64…
Spotify Hit All the Right Notes
[ad_1] Oct. 24, 2023 12:10 pm ET Spotify’s position as a middleman doesn’t always win it a lot of fans. But as the music streamer’s latest results show, that position…
Royal Philips Raises Guidance After Swinging to 3Q Profit
[ad_1] Updated Oct. 23, 2023 2:32 am ET Royal Philips raised its full-year guidance after swinging to net profit for the third quarter of the year on higher sales, with…
EssilorLuxottica Upbeat on Mid-Term Targets Despite Slowing Growth
[ad_1] Oct. 19, 2023 12:57 pm ET EssilorLuxottica’s revenue growth slowed in the third quarter amid sluggish sales of sunglasses, but the company backed its longer-term financial targets. The Franco-Italian…
Goldman Sachs, Pulling Back From Consumer Lending, Posts 33% Profit Drop
[ad_1] Updated Oct. 17, 2023 10:16 am ET Goldman Sachs reported lower profit for the third quarter, hurt by losses from selling off pieces of its consumer-lending business and a…
JPMorgan’s Jamie Dimon: ‘This May Be the Most Dangerous Time the World Has Seen in Decades’
[ad_1] The bank said its third-quarter profit rose 35%, boosted again by rising interest rates. [ad_2] Source link