Posts by CNBC (old posts, page 12)
Shell's earnings come as Big Oil's profits continue to fall from record highs in 2022.
Euro zone inflation unchanged at 2.2% in April, leaving path open for further ECB interest rate cuts
Economists polled by Reuters had been expecting the reading to come in at 2.1% in April.
Standard Chartered beats first-quarter profit expectations on strong growth in wealth management
The bank's Wealth Solutions division was a standout performer during the quarter, posting a 28% year-on-year increase in operating income.
Britain's NatWest says Q1 profit rises 36% on stronger income
The results come as the lender prepares to return fully to private ownership for the first time since its state rescue at the height of the financial crisis.
Block shares plunge 18% as company takes 'cautious stance,' issues weak guidance for year
Block reported weaker-than-expected revenue for the first quarter.
Apple is getting punished for the one thing it did not deliver this quarter
Apple almost nailed it.
Venmo gaining ground in payments as Cash App struggles
Earnings from PayPal and Block revealed diverging paths in peer-to-peer payments, with Venmo accelerating and Cash App losing steam.
Amazon shares slide on light guidance, but we maintain our buy rating — here's why
The company has a history of providing an outlook and putting up results at the top end, or above, the range.
Amazon falls short on cloud revenue for third straight quarter
Amazon continues to invest in infrastructure to run artificial intelligence models from Anthropic and other clients.
Airbnb issues disappointing revenue guidance for second quarter
Airbnb's results for the first quarter were mostly in line with estimates, but the company's forecast for the current period was weaker than expected.