Kraft Heinz’s Earnings Beat Forecasts. Why the Inventory Is Falling Anyway.
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Kraft Heinz posted second-quarter adjusted earnings that beat Wall Road expectations.…
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Earnings
Exxon, Chevron earnings preview: Oil giants underneath the microscope as revenue booms
Exxon Mobil Corp. and Chevron Corp. are scheduled to report second-quarter earnings on Friday earlier than the bell as their booming income and income stay underneath elevated scrutiny and rising prices and dimming demand are dangers…
Opinion: Google and Microsoft earnings show the bar has been lowered for Big Tech
Alphabet Inc. and Microsoft Corp. both reported results that missed Wall Street’s expectations Tuesday, but not only did investors not melt down, both actually saw their stocks rise in after-hours trading. Amid…
Enphase (ENPH) earnings Q2 2022: Huge growth in Europe
Workers install solar panels on the roofs of homes under construction south of Corona, California. The California Energy Commission in May 2018 adopted new energy building standards requiring solar panels for virtually all new homes…
Microsoft stock jumps after ‘shockingly robust’ forecast calls for continued strong…
Microsoft Corp. missed expectations for profit and revenue in a Tuesday earnings report, as deteriorating economic conditions led to an even greater shock than expected when executives revised their guidance at the…
Alphabet misses on earnings and revenue for second quarter
Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019.Josh Edelson | AFP | Getty ImagesAlphabet reported weaker-than-expected earnings and revenue for…
Adidas cuts 2022 outlook on slower China recovery, potential global slowdown
Pedestrians walk by a large Adidas logo inside the German multinational sportswear shop.Miguel Candela | SOPA Images | LightRocket via Getty ImagesAdidas on Tuesday cut its financial forecast for 2022 as the sneaker and athletic brand…
Walmart Cuts Profit Outlook as It Lowers Prices to Move Goods
Walmartwarned that higher prices for food and fuel were causing consumers to pull back, an ominous sign for the U.S. economy that has relied on resilient household spending power through rising inflation.The country’s largest retailer,…
Amazon sinks after Walmart lowers profit outlook on inflation concerns
The front desk of the Amazon office is pictured in New York, May 1, 2019.Carlo Allegri | ReutersShares of Amazon fell more than 4% in extended trading on Monday after Walmart said it was lowering its quarterly and full-year profit…
Markets face crucial summer week, with Fed, earnings and economic data
A trader works on the floor of the New York Stock Exchange (NYSE), June 27, 2022.Brendan McDermid | ReutersThere's a head-spinning amount of news for markets to navigate in the week ahead, the biggest of which will be the Federal…