Apple reported fiscal first-quarter earnings Thursday. Analysts are focused on iPhone momentum following a sluggish start to the year for Apple's stock.
Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence technology.
Sales of instruments and accessories, which are single-use tools for surgeries, climbed by 23% year over year to $1.41 billion, while procedure volumes jumped 18%. Procedures for its Ion system, which is used to perform lung biopsies via robotic bronchoscopy, surged 70%.
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer
Starbucks has reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take hold.
For 2025, Gentex forecasts $2.4 billion to $2.45 billion in revenue, which would be up from $2.31 billion last year. Analysts polled by FactSet had been projecting $2.58 billion. Write to Dean Seal at [email protected]
Colgate-Palmolive forecast 2025 sales to be roughly flat from last year; sales came in at $20.10 billion in 2024. Write to Denny Jacob at [email protected]
Shares in Microsoft fell 5% in afterhours trading as the tech giant said its flagship cloud computing business experienced a slowdown in growth last quarter. The takeaways: The company’s overall revenue rose 12% to $69.
(Reuters) -T-Mobile said on Wednesday it expected its wireless subscriber growth this year to exceed Wall Street estimates by more than double, due to strong demand for its premium 5G plans, sending its shares up more than 7% in early trading.
Colgate-Palmolive’s CEO noted that the company hit an “exciting milestone,” but it wasn’t enough to lift the stock premarket.
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying inflation trends indicated some progress in the fight to rein in price hikes.
Chevron touted “record production” as well as stock buybacks and announced an increase in its quarterly dividend.