Satya Nadella, CEO of Microsoft Corp., listens during an interview at The David Rubenstein Show in New York on September 27, 2017. Christopher Goodney | Bloomberg | fake pictures Microsoft shares fell as much as 3% in off-hours trading on Wednesday after the company reported better-than-expected fourth-quarter tax earnings that …
Read More »Chipotle Mexican Grill (CMG) 2020 second quarter earnings
An employee prepares a burrito bowl at a Chipotle Mexican Grill Inc. restaurant in Louisville, Kentucky. Luke Sharrett | Bloomberg | fake pictures Chipotle Mexican Grill is expected to report its second quarter earnings after the bell on Wednesday. This is what Wall Street expects, based on an analyst survey …
Read More »Snap ‘is performing better than its social media peers’ as it moves into the second half of 2020
After Snap Inc. shares initially sank in the news of its second-quarter results on Tuesday, they recovered quickly once analysts read the fine print and dug deep into the numbers. Quarterly losses increased, but so did daily active users and revenue, with strong indications that the current quarter is shaping …
Read More »IBM shares a surge after cloud-powered second quarter earnings expired
International business machines (IBM) – Get report Shares rose higher on Tuesday after the cloud-focused tech group posted stronger-than-expected second-quarter earnings under new CEO Arvind Krishna. IBM said adjusted operating profit for the three months ending June fell 31.2% from a year ago to $ 2.18 a share, but beat …
Read More »United Airlines hit a $ 1.6 billion GAAP loss in the “hardest” second quarter
United Airlines Holdings Inc. reported a quarterly loss of $ 1 billion on Tuesday night, giving investors a look at finances completely ruined by the pandemic and near-halt of air travel. UAL united, + 2.28% He said he lost $ 1.6 billion, or $ 5.79 per share, in the second …
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