Tag: Earnings

2024-08-03

Intel share plunge drags down global chip stocks from TSMC to Samsung

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Business

Pat Gelsinger, chief executive officer of Intel Corp., speaks during the Computex conference in Taipei, Taiwan, on Monday, June 4, 2024. Gelsinger took the stage at the Computex show in Taiwan to talk about new products he expects will help turn back the tide of share losses to peers, including AI leader Nvidia Corp. Photographer: Annabelle Chih/Bloomberg via Getty Images Bloomberg…

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2024-08-03

Amazon says distraction of Olympics, Trump shooting hit weak guidance

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Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon is pointing to an unusually busy news cycle as one of the drivers behind its weak revenue forecast. On a call with reporters following the company’s second-quarter earnings report…

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2024-08-02

Apple (AAPL) earnings report Q3 2024

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Apple CEO Tim Cook attends the annual developer conference event at the company’s headquarters in Cupertino, California, U.S., June 10, 2024. Carlos Barria | Reuters Apple reported fiscal third-quarter earnings on Thursday that beat Wall Street expectations, with overall revenue rising 5%.   Apple shares were flat in extended trading. Here’s how Apple did versus LSEG consensus estimates for…

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2024-08-01

Boeing taps Kelly Ortberg as new CEO to replace Dave Calhoun

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Kelly Ortberg, chief executive officer of Rockwell Collins Inc., stands for a photograph at the company’s production facility in Manchester, Iowa, U.S., on Wednesday, Aug. 31, 2016. Daniel Acker | Bloomberg | Getty Images Boeing has named Robert “Kelly” Ortberg to replace CEO Dave Calhoun, picking a longtime aerospace veteran from outside the company as the manufacturer struggles to…

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2024-08-01

Boeing (BA) earnings Q2 2024

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Boeing on Wednesday said it will continue to burn cash this quarter and reported a wider quarterly loss and weaker revenue than analysts expected as both its commercial airplane and defense programs continued to struggle. Boeing also said it hired more-than-three-decade aerospace industry veteran Robert “Kelly” Ortberg to become its next CEO as the manufacturer tries to regain its…

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