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Comcast beats first-quarter earnings estimates despite losing broadband customers

Comcast lost 199,000 total domestic broadband customers, reflecting the continued pressure on the cable giant's cornerstone business. ​Read More

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Tide owner Procter & Gamble cuts earnings, revenue outlook as quarterly sales disappoint

Procter & Gamble's quarterly earnings topped estimates, but its revenue fell short of expectations. ​Read More

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Bristol Myers Squibb tops quarterly estimates, hikes outlook as drugmaker braces for tariffs

The guidance revisions include the estimated impact of current tariffs on U.S. products shipped to China, but not Trump's planned pharmaceutical tariffs. ​Read More

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Merck lowers profit outlook, partly due to $200 million expected tariff hit

Merck said the expected tariff charge primarily reflects levies between the U.S. and China, but does not account for Trump's planned pharmaceutical tariffs. ​Read More

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PepsiCo cuts earnings forecast as it predicts ‘uncertainty’ in tariffs, consumer spending

PepsiCo cut its forecast for its core constant currency earnings per share, citing new tariffs. ​Read More

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Shares of Gucci-owner Kering drop after first-quarter sales slump

Shares of Kering fell on Thursday after the French luxury goods group posted lower than expected first-quarter sales and pointed to further macroeconomic headwinds ahead. ​Read More

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World’s largest sovereign wealth fund reports $40 billion loss in first quarter on tech downturn

Norway's sovereign wealth fund on Thursday reported a first-quarter loss of 415 billion kroner ($40 billion), citing weakness in the tech sector. ​Read More

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British fintech Revolut tops $1 billion in profit as revenue jumps 72%

Digital banking unicorn Revolut said Thursday that net profit for the year ending Dec. 31, 2024, totaled £1.1 billion ($1.5 billion), up 149% year over year. ​Read More

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Nvidia supplier SK Hynix warns of demand volatility after quarterly profit soars 158% on AI boom

The company warned that macroeconomic uncertainties including tariff policy have created demand volatility that will impact the second half of the year. ​Read More

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Capital One CEO says US consumers are in ‘good shape,’ but there are ‘worrying signs’
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Capital One CEO says US consumers are in ‘good shape,’ but there are ‘worrying signs’

Capital One CEO Richard Fairbank on Tuesday shared his perspective on how American consumers are holding up during the financial institution’s quarterly earnings call. He was asked by an analyst about how Capital One views the state of the American consumer in light of concerns in the market surrounding the Trump administration’s tariffs.  Fairbank said

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