• United posts Q1 beat, but expectations 'were pretty low'

    United Airlines (UAL) reported better-than-expected first-quart results, beating estimates on both the top and bottom lines. The company posted revenue of $12.54 billion, exceeding the analyst estimate of $12.44 billion. On the bottom line, United reported an adjusted loss of $0.15 per share, outperforming the expected loss of $0.57 per share. To provide insights on the airline's performance, Third Bridge Global Sector Lead for Industrials, Materials and Energy Peter McNally joins Market...

  • TSMC's Q1 revenue rise beats market expectations on AI boom

    Taiwan chipmaker TSMC reported a 16.5% rise in first-quarter revenue on Wednesday, beating market expectations and at the high end of the company's own guidance as its sales boom on demand for artificial intelligence applications. The world's largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a surge towards AI that has helped it weather the tapering off of pandemic-led demand and pushed TSMC's stock to a record high. Revenue in the first three months of...

  • Johnson & Johnon’s Q1 profit beats as sales fall slightly short of estimates

    Johnson & Johnson’s stock fell 0.4% early Tuesday, after the healthcare company posted better-than-expected profit for the first quarter but sales that fell

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    Critical chip firm ASML posts profit beat but sales miss expectations with 22% drop

    ASML on Monday said first quarter profit beat expectations while sales missed forecasts, with the compant sticking to its full-year outlook.

  • Delta beats Q1 earnings expectations, CEO sees 'quite healthy' travel demand this spring and summer

    Delta Air Lines’ first quarter results flew over expectations as travel remained resilient, driven by a steady resurgence in corporate travel.

  • Genuine Parts Co (GPC) Q1 2024 Earnings: Adjusted EPS Beats Estimates Amidst Modest Sales Growth

    Revenue: $5.8 billion, a slight increase of 0.3% year-over-year, aligning closely with analyst estimates of $5.843 billion.Net Income: Reported at $249 million

  • Best streaming device deal: The Amazon Fire TV Cube is on sale for just $114.99 at Amazon

    The Amazon Fire TV Cube streaming device is just $114.99 at Amazon, down from the usual price of $139.99. That's an 18% discount.

  • TSMC sales jump in Q1

    Taiwan Semiconductor Manufacturing Company booked brisk revenue growth in the opening quarter of 2024, aided by a surge in sales in March.

  • Ericsson’s sales slump further in Q1

    Ericsson has reported its first-quarter financialsRevenues are down by 14% year on year as network operators continue to hold back on investmentsThe Swedish ve

  • Why Are Gold Bar Sales Surging at Costco?

    Alongside its $1.50 hot dog and soda combo, gallon tubs of mayonnaise and value packs of socks, Costco, the warehouse retailer, has been selling gold bars since October. Now, retail analysts say Costco is selling up to $200 million worth of gold and silver each month, according to an analysis from Wells Fargo. Online forums and Reddit threads have cropped up where customers give each other advice on how to purchase the bars before they sell out. “I’ve gotten a couple of calls that people have...

  • Abbott Labs posts Q1 earnings beat

    Abbott Laboratories (ABT) reported first quarter results that topped Wall Street estimates on both the top and bottom lines. The healthcare products company also raised the lower end of its full-year earnings guidance range.  Yahoo Finance's Anjalee Khemlani breaks down the results in the video above. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.

  • March retail sales blew past expectations

    Retail sales in March surpassed expectations, according to new numbers released by the Commerce Department on Monday. The latest estimates from the Commerce Department show that retail sales in March increased by 0.7 percent — which is more than double the consensus estimates of a 0.3 percent increase for last month. While it surpassed expectations