financial results News

BlackRock Reports a 12% Revenue Surge to $5.3 Billion in Q1 2025, Signaling Strong Market Position

BlackRock Inc. reported a 12% increase in Q1 2025 revenue to $5.3 billion, with a slight decline in net income. CEO Larry Fink highlights the company's strong client connections an...

BlackRock Reports a 12% Revenue Growth to $5.3 Billion in Q1 2025 Amid Market Challenges

BlackRock Inc. reports a 12% revenue growth to $5.3 billion in Q1 2025, with net income down by 4% to $1.5 billion. CEO Larry Fink emphasizes strong client connectivity and long-te...

Walgreens Reports a 3.9% Sales Surge to $38.6 Billion in Q2, Beating Analysts' Expectations

Walgreens Boots Alliance Inc. reports a 3.9% sales increase to $38.6 billion in Q2 fiscal 2025, surpassing analysts' expectations. The company sees a reduced net loss and improved ...

Walgreens Reports Strong Q2 Growth with Sales Up 3.9% to $38.6 Billion, Beating Estimates

Walgreens Boots Alliance Inc. reports a 3.9% increase in Q2 sales to $38.6 billion, beating estimates. The company reduces net loss significantly, with CEO Tim Wentworth highlighti...

Levi Strauss Surpasses Expectations with a Stellar $1.5 Billion Q1 Revenue Report

Levi Strauss & Co. reported a strong start to fiscal 2025 with Q1 net revenues of $1.5 billion, up 3% year-over-year, and a net income of $140 million, reversing last year's loss. ...

First-Quarter Financial Showdown: Delta and Major Banks Set to Reveal Earnings Amid Tariff Impacts

The first-quarter earnings season begins with Levi Strauss, Delta Air Lines, and major US banks reporting their financial results. These reports will provide insights into the impa...

NIO Inc. Reports a Significant 15.2% Revenue Increase in Q4 2024, Reaching $2.7 Billion

NIO Inc. reports a 15.2% increase in Q4 2024 revenue to $2.7 billion, despite a net loss rise. The company achieved a record delivery of 221,970 vehicles, maintaining leadership in...

European Markets Edge Higher as Investors Eye Ukraine Peace Talks in Saudi Arabia

European stock markets opened higher as investors anticipate the outcome of Ukraine peace talks in Saudi Arabia. Volkswagen's 2024 financial results were also released, showing pos...

Trade and Tariff Concerns Drag US Markets Lower, Investors on Edge

Wall Street closed lower as trade and tariff concerns weigh on investor sentiment, with major indices experiencing significant drops. The market awaits financial results from Broad...

US Markets React to Inflation Surge: Dow Jones, Nasdaq, and S&P 500 Show Mixed Signals

US stock indexes showed mixed reactions in premarket trading following a CPI report indicating a rise in annual inflation. Key reports and financial results from major companies ar...

Inflation Spike Shakes Wall Street: Premarket Downturn Amid CPI Report

Wall Street faced a downturn in premarket trading following a CPI report showing an increase in the US annual inflation rate to 3% in January. Key financial results from GE Healthc...

CVS Health Surpasses Expectations with a 4.2% Revenue Increase in Q4

CVS Health Corporation announced a 4.2% increase in Q4 revenues to $97.7 billion, surpassing estimates. Despite a drop in earnings per share and operating income, the company forec...

Heineken's Stock Soars Over 11% Following Exceptional Annual Earnings Report

Heineken N.V. shares surged over 11% after reporting better-than-expected full-year financial results, including an 8.3% growth in annual organic operating profit and a 5% increase...

Heineken's Stock Soars Over 11% Following Exceptional Earnings Report

Heineken N.V. shares surged over 11% after reporting a robust 8.3% growth in annual organic operating profit, exceeding expectations. With revenues and net profits also showing sig...

Intel Reports a 7% Drop in Q4 Revenue to $14.3B Amid Economic Challenges

Intel Corporation reported a 7% decrease in Q4 revenue to $14.3 billion, with a significant drop in GAAP diluted loss per share. The company forecasts a challenging Q1 2025, attrib...

Deutsche Bank Shares Plunge 6% Following Disappointing Quarterly Earnings Report

Deutsche Bank AG's shares fell over 6% after reporting a significant drop in net profit to €337 million for Q4 2024, despite an 8% revenue increase, signaling investor disappointme...

UPS Reports a Modest Revenue Increase to $25.3 Billion in Q4 2024

UPS reported a 1.5% increase in Q4 2024 revenue to $25.3 billion, slightly missing analysts' expectations. Net income was $1.7 billion, with a decrease in diluted earnings per shar...

LVMH Shares Take a Dive: A Closer Look at the 5% Drop Amidst Net Profit Slump

LVMH Moet Hennessy Louis Vuitton's stock fell over 5% after reporting a 17% drop in net profit and a 2% decrease in revenue for fiscal 2024, raising concerns about the luxury marke...

LVMH Faces Market Shock: Shares Drop Over 5% Amidst 17% Net Profit Decline

LVMH Moet Hennessy Louis Vuitton experienced a significant stock drop of over 5% following a 17% decrease in net profit and a 2% decline in revenue for fiscal 2024, signaling poten...

Wells Fargo Reports a Staggering 47% Surge in Q4 Net Income to $5 Billion

Wells Fargo & Co. announced a 47% surge in Q4 2024 net income to $5 billion, with stable revenue at $20.4 billion. The full-year revenue fell by 9% to $47.7 billion, but net income...

BP Anticipates Significant Impact on Q4 Earnings Due to Declining Refining Margins

BP predicts a significant impact on its Q4 earnings due to weaker refining margins, with expected profit reductions and production declines across key segments. The company remains...

Delta Air Lines Soars 11% Following Stellar Q4 Earnings Report

Delta Air Lines Inc. experienced an 11% stock price surge after announcing better-than-expected Q4 financial results for fiscal 2024, with shares reaching $68.2100. The market's po...

Walgreens Faces a Staggering Q1 Net Loss of $265M Amidst Challenging Times

Walgreens Boots Alliance Inc. has reported a Q1 net loss of $265 million, a significant increase from the previous year's $67 million loss. This development underscores the challen...

Upcoming Earnings: Birkenstock, FedEx, Nike, and BlackBerry

Investors are gearing up for a week of key earnings reports, starting with Birkenstock on Wednesday and followed by FedEx, Nike, and BlackBerry on Thursday.

Broadcom Achieves Record Revenue in Q4 2024, Driven by AI and Semiconductor Growth

Broadcom Inc. reported a 51% increase in Q4 2024 revenue to $14 billion, driven by AI and semiconductor growth. Net income rose 23% to $4.3 billion, and diluted earnings per share ...

Adobe's Impressive Q4 Revenue Surges to $5.6 Billion, Driven by Strong Growth

Adobe Inc. reported a 11% increase in Q4 revenue to $5.61 billion, with net income rising 13% to $1.68 billion. The company also repurchased 4.6 million shares and set new FY24 rec...

GameStop's Net Income Rebounds, Driving Shares Up by 11%

GameStop's stock surged 11% after reporting a net income of $17.4 million in Q2 2024, recovering from a $3.1 million loss in the same period last year. The improvement in financial...

Inditex Shares Drop Despite Impressive 9M Financial Results

Inditex shares fell 6.6% despite strong 9M results, with sales up 7.1% to €27.4 billion, gross profit up 7.2% to €16.3 billion, and net income up 8.5% to €4.4 billion. Investors ca...

Lululemon's Impressive Q3 2024 Earnings Boost Stock by 18%

Lululemon Athletica Inc. shares surged 18.67% following the release of strong Q3 2024 financial results, with revenue reaching $2.39 billion and gross profit at $1.4 billion, both ...

Key Earnings Reports: Oracle, Macy's, Adobe, and More to Watch This Week

The upcoming week is filled with key financial results, including Oracle's second-quarter earnings, GameStop's third-quarter results, Macy's and Adobe's reports, and Broadcom and C...

Lululemon's Impressive Earnings Report Sends Stock Soaring by 18%

Lululemon Athletica Inc. saw its stock price jump following the release of strong financial results for Q3 2024. The company reported an 8.7% increase in revenue, reaching $2.39 bi...