C&E Industry News Filter

Amazon Stock Falls on Mixed Earnings Report and Weak Forecast. AWS Missed Too.

Text size Investors are looking for evidence that Amazon.com is making progress on its push to rein in costs. David Ryder/Bloomberg Amazon . com shares were falling in late trading Thursday after the company posted mixed results for the fourth quarter, with better-than-expected sales growth, but weaker-than-anticipated profits, due largely to a loss on the …

Amazon Stock Falls on Mixed Earnings Report and Weak Forecast. AWS Missed Too. Read More »

Apple, Amazon and Alphabet earnings are coming. Here’s what the stock options market is bracing for.

The options market has prepared for bigger-than-usual moves in the stocks of a trio of trillion-dollar companies, the day after they report quarterly earnings results. That’s because the implied volatility, or how much a stock can be expected to move over a certain period, of the stocks for Apple Inc. aapl, +3.59%, Alphabet Inc. google, …

Apple, Amazon and Alphabet earnings are coming. Here’s what the stock options market is bracing for. Read More »

Eli Lilly stock falls as Mounjaro Sales Disappoint

Text size Eli Lilly reported fourth-quarter earnings well ahead of analysts’ estimates. Daniel Acker/Bloomberg Eli Lilly stock was falling Thursday as sales in the pharmaceutical company’s diabetes drug Mounjaro, which is on track for regulatory approval to treat obesity, came up short. Fourth-quarter earnings, however, did crush estimates. Shares in Eli Lilly (ticker: LLY) fell …

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Apple Stock Typically Gains After Earnings. That Could Change This Time.

Text size Apple reports earnings after the markets close on Thursday. GettyImages apple reports earnings after the markets close Thursday, and after a quarter of problems for the tech company, investors may be concerned that the stock won’t perform as well as it has in the past. On average since 2007, the year the iPhone …

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FedEx Is Laying Off More Than 10% Of Its Management Ranks

FedEx Corp. FDX 4.26% is laying off more than 10% of its global management staff as the delivery company faces a shipping slowdown. In an email to staff Wednesday, Chief Executive Raj Subramaniam said the company was reducing the size of its officer and director ranks and consolidating some teams and functions. The company declined …

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There’s still too much risk in stock and bond markets. Earn this easy 4.5% return while you wait for stability, says trader who hit 2 big calls in 2022.

Ahead of major tech earnings, Meta results are ready to light up the Nasdaq Composite COMP, +2.00% for Thursday. S&P 500 SPX, +1.05% is also pointing to gains as investors take a glass-half full view of the Fed meeting. Worried that investors are in the clutches of another Fed misread is the founder of LaDucTrading.com, …

There’s still too much risk in stock and bond markets. Earn this easy 4.5% return while you wait for stability, says trader who hit 2 big calls in 2022. Read More »

Opinion: Zuckerberg and Intel are shipping the proceeds from their layoffs straight to Wall Street

For years, Wall Street groused about Silicon Valley’s refusal to pay dividends and buy back stock as tech companies grew into cash-generating machines. That is no longer a problem, even though those tech companies are generating fewer profits than they were in previous years. In fact, some tech companies are basically paying off Wall Street …

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Meta stock spikes despite earnings miss, as Facebook hits 2 billion users for first time and sales guidance quells fears

Meta Platforms Inc. shares soared in after-hours trading Wednesday despite an earnings miss, as the Facebook parent company guided for potentially more revenue than Wall Street expected in the new year and promised more share repurchases amid cost cuts. Meta Meta, +2.79% said it hauled in $32.17 billion in fourth-quarter revenue, down from $33.67 billion …

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Airbus Revives Order From Qatar Airways Following Paint-Dispute Settlement

LONDON—Airbus EADSY 2.36% SE agreed to revive orders for close to 75 aircraft from Qatar Airways after reaching a settlement with the Middle East airline over a long-running dispute about chipping paint on its A350 wide-body models. A spokesman for Airbus said it would now go ahead with delivering 50 A321 narrow-bodies and 23 remaining …

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FTC Loses Antitrust Challenge to Facebook Parent Meta

WASHINGTON—A federal judge declined to halt Meta Platforms Inc.’s META -0.01% acquisition of the virtual-reality startup Within Unlimited, delivering a setback to antitrust enforcers at the Federal Trade Commission seeking to block the deal, a person familiar with the ruling said. In a sealed court decision issued overnight, US District Judge Edward Davila in San …

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