Apple (AAPL) Q1 2023 results

Apple (AAPL) Q1 2023 results

Apple Inc. CEO Tim Cook speaks during a “First Tool-In” ceremony at the TSMC facility under construction in Phoenix, Arizona on Tuesday, Dec. 6, 2022. Caitlin O’Hara | Bloomberg | Getty Images Apple announces fiscal first quarter results after the bell. Analysts expect the iPhone maker to post its first year-over-year revenue decline since 2019. … Read more

Penn sports betting business posts fourth quarter profit

Penn sports betting business posts fourth quarter profit

In this photo illustration the Penn Entertainment logo seen displayed on a smartphone mobile screen. Raphael Henrique | SOPA Pictures | Light flare | Getty Images Penn Entertainment Thursday became the first US gambling company to post a profit in its sports betting business in the last three months of a year. Usually, it is … Read more

Alphabet (GOOGL) Q4 2022 Results

Alphabet (GOOGL) Q4 2022 Results

Sundar Pichai, CEO of Alphabet Inc., speaks during the Americas CEO Summit hosted by the American Chamber of Commerce in Los Angeles, California, U.S., Thursday, June 9, 2022. Kyle Grillot | Bloomberg | Getty Images ParentGoogle Alphabet will release its fourth-quarter results on Thursday after regular markets close. Here’s what analysts expect: Earnings: $1.18 per … Read more

Ford (F) Q4 2022 Results

Ford (F) Q4 2022 Results

Ford CEO Jim Farley removes his mask during the Ford Built for America event at Fords Dearborn Truck Plant on September 17, 2020 in Dearborn, Michigan. Nic Antaya | Getty Images DETROIT – Ford engine is set to release its fourth-quarter results after the bell on Thursday. Here’s what Wall Street expects, according to consensus … Read more

Robert Kraft wants Tom Brady to retire with the Patriots

Robert Kraft wants Tom Brady to retire with the Patriots

New England Patriots’ Tom Brady #12 celebrates with team owner Robert Kraft after defeating the Seattle Seahawks 28-24 in Super Bowl XLIX at University of Phoenix Stadium on February 1, 2015 in Glendale , Arizona. Tom Pennington | Getty Images New England Patriots owner Robert Kraft wants Tom Brady to re-sign with the team for … Read more

Ford’s January 2023 sales boosted by F-Series and Bronco

Ford’s January 2023 sales boosted by F-Series and Bronco

Ford employees produce the F-150 Lightning electric pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT – Ford Motors New-vehicle sales in the United States started 2023 on a stronger footing than a year earlier, but were down 18.4% from December. January is historically one … Read more

Wall Street analysts bullish on META, NVDA and FSLR

Wall Street analysts bullish on META, NVDA and FSLR

Here are Thursday’s most important calls on Wall Street: JMP downgrades Peloton to market performance from outperformance JMP downgraded the stock primarily on valuation. “We are downgrading our rating on Peloton shares from Market Outperform to Market Perform as Peloton hit our previous price target of $16 while we leave our estimates for fiscal 2024 … Read more

Ferrari 2022 profits jump 13% as supercar maker braces for strong 2023

Ferrari 2022 profits jump 13% as supercar maker braces for strong 2023

Ferrari CEO Benedetto Vigna poses for a photo as Ferrari unveils a new long-term strategy, in Maranello, Italy, June 15, 2022. Flavio Lo Scalzo | Reuters Ferrari On Thursday, it announced annual profits up 13% year-on-year and guided to an even stronger year in 2023 thanks to what its CEO called “continuing high demand” for … Read more

European Central Bank raises rates by 50 basis points, promises another hike in March

European Central Bank raises rates by 50 basis points, promises another hike in March

Christine Lagarde, President of the European Central Bank speaks at an event. Bloomberg | Bloomberg | Getty Images The European Central Bank on Thursday confirmed expectations of an interest rate hike of 50 basis points, taking its key rate to 2.5%. In a statement, he pledged to “stay the course by raising interest rates significantly … Read more

Oil giant announces record annual profits

Oil giant announces record annual profits

Shell said last month that windfall taxes imposed by the European Union and the United Kingdom following the profit hike would cost the group around $2 billion. Paul Ellis | AFP | Getty Images British oil giant Shell posted its highest-ever annual profit on Thursday, buoyed by soaring fossil fuel prices and robust demand since … Read more