Bristol Myers Squibb beats on revenue, launches $1.5 billion cost cuts as it posts quarterly loss
by CNBC
CNBC— Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune.
CNBC—Oil giant Shell beats first-quarter profit estimates, launches $3.5 billion share buyback. British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, boosted by higher refining margins and robust oil trading.
CNBC—Meta's Reality Labs posts $3.85 billion loss in first quarter. Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter.
MarketWatch—Wayfair's stock up 3.9% after retailer narrows loss and beats on revenue with quarter 'ending on an upswing'. Wayfair Inc.’s stock rose 3.9% early Thursday, after the online furniture retailer narrowed its quarterly loss and posted revenue that beat estimates.