Chevron and Exxon earned record profits during the second quarter of 2022.
Schlagwort-Archiv: CNBC
Roku shares crater after company misses on earnings and warns of ‚recessionary fears‘
Roku shares plummeted more than 25% in extended trading on Thursday after the company missed expectations on the top and bottom lines for its second quarter.
Apple beats on revenue and profit, expects growth to accelerate despite ‚pockets of softness‘
Apple reported earnings on Thursday for its fiscal third quarter ending in June.
Intel CFO says we’re ‚on the bottom‘ after company misses earnings and stock sinks
Consumers and schools aren’t buying as many PCs as they were, driving a net loss for Intel. But price bumps in the fourth quarter should bolster margins.
JPMorgan hires scientist Charles Lim to help protect financial system from quantum supremacy threat
Tech giants including Alphabet and IBM are racing towards building a quantum computer, and financial firms including JPMorgan are exploring possible uses.
China signals no big stimulus is coming, while Covid controls remain
China’s top leaders signaled Thursday that no big stimulus for growth was on the way, and downplayed the necessity of achieving the „around 5.5%“ GDP target.
Self-driving start-up Pony.ai plans to mass produce robotrucks in China
Self-driving tech start-up Pony.ai announced plans to mass produce autonomous driving trucks in China with equipment manufacturing giant Sany Heavy Industry.
Stocks making the biggest moves in the premarket: Stanley Black & Decker, Southwest Airlines, Harley-Davidson and more
The stocks making the biggest moves in premarket trading include Stanley Black & Decker, Southwest Airlines, Harley-Davidson, and more.
Market jump after Fed rate hike is a ‘trap,’ Morgan Stanley’s Mike Wilson warns investors
Morgan Stanley’s Mike Wilson believes stocks are on a collision course with more pain due to the economic slowdown.
Comcast shares slide after the cable giant fails to add broadband subscribers for first time ever
Comcast beat revenue and profit estimates but failed to deliver broadband subscriber growth. Peacock subscriber numbers were also flat.