Peloton’s cash flows are improving, but it’s expecting to sell fewer bikes and treadmills during its holiday quarter than Wall Street expected.
Kategorie-Archiv: CNBC Financial News
Bristol Myers Squibb tops earnings estimates and hikes outlook, helped by Eliquis and new drugs
The pharmaceutical giant also raised its full-year revenue forecast to an increase of roughly 5%.
Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall
The company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business.
Comcast tops earnings estimates as Olympics propel the company
Comcast beat third-quarter earnings estimates as the Summer Olympics in Paris boosted NBCUniversal’s revenue and Peacock’s subscriber count.
Uber reports third-quarter results that beat Wall Street’s revenue expectations
Uber reported third-quarter results Thursday that beat analysts‘ expectations for revenue.
Wednesday’s big stock stories: What’s likely to move the market in the next trading session
The Nasdaq Composite notched a fresh record on Tuesday ahead of earnings from tech’s heavy hitters. Here’s what CNBC is watching going into Wednesday.
China’s Xiaomi delivers 20,000 EVs in October, just months after launching its first car
The Chinese smartphone company also announced a high-end sports version of the car, the SU7 Ultra, would begin preorders ahead of a product release in March.
Biogen tops estimates, raises profit guidance as Alzheimer’s drug Leqembi gains traction
Leqembi, along with rare disease and depression treatments, helped offset a year-over-year decline in revenue for the company’s multiple sclerosis products.
Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans
German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.
Swiss bank UBS smashes third-quarter expectations with $1.4 billion in profit
Swiss banking titan UBS on Wednesday posted a large profit beat, after completing its first wave of client migrations following its integration of collapsed domestic rival Credit Suisse.