Microsoft’s cloud growth disappointed. Now here’s the good news from earnings.
Azure doesn’t have enough capacity to meet all its AI demand, but capacity should improve — along with revenue growth — in the second half of the new fiscal year.
Eisai Biogen Alzheimer’s drug Leqembi shows benefits over three years
The newly FDA approved Alzheimer’s treatment Leqembi is prepared at Abington Neurological Associates in Abington, PA., on Tuesday, November 7, 2023. Hannah Yoon | The Washington Post | Getty Images The breakthrough Alzheimer’s drug Leqembi slowed disease progression in patients over three years, demonstrating the need for them to stay on the treatment long term, […]
Starbucks (SBUX) Q3 2024 earnings
Starbucks glass art on a store in Tokyo. Jakub Porzycki | Nurphoto | Getty Images Starbucks is expected to report its fiscal third-quarter earnings after the bell on Tuesday. Here is what Wall Street analysts surveyed by LSEG are expecting: Earnings per share: 93 cents expected Revenue: $9.24 billion expected Shares of Starbucks have tumbled […]
A surprise Fed rate cut might be good for consumers — but not for the stock market
Investors are clamoring for affirmation the Fed will begin cutting rates in September. But a surprise easing on Wednesday likely wouldn’t go over well.
Merck (MRK) earnings Q2 2024
The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024. Spencer Platt | Getty Images Merck on Tuesday reported second-quarter revenue and adjusted earnings that topped Wall Street’s expectations as it saw strong sales from its blockbuster cancer drug Keytruda as well as other treatments in its oncology […]
JetBlue Airways stock rises after it posts surprise profit
Stock gains 16% in morning trading
Pfizer (PFE) earnings Q2 2024
Kena Betancur | Corbis News | Getty Images Pfizer on Tuesday reported second-quarter revenue and adjusted earnings that blew past expectations and raised its full-year outlook, benefiting from its broad cost-cutting program, better-than-expected sales of its Covid antiviral pill, Paxlovid, and strong non-Covid product sales. The company now expects to book adjusted earnings of $2.45 to $2.65 […]
Executives say prices are too high
A McDonald’s Big Mac in Bangkok, Thailand, on June 8, 2024. Lauren Decicca | Getty Images McDonald’s executives acknowledged Monday that diners consider the company’s prices too high as lower-income consumers balk after years of high inflation. During the company’s second-quarter earnings call Monday, executives said they are taking a “forensic approach” to evaluating prices […]
Historic changes are coming to home buying in August. Here’s what you need to know.
In a few weeks, home buyers across the U.S. will be confronted with a big difference in how they interact with their real-estate agents, as a legal settlement with the NAR goes into effect.
“Deadpool & Wolverine” sets new direction
Robert Downey Jr. speaks onstage during the Marvel Studios Panel in Hall H at SDCC in San Diego, California on July 27, 2024. Jesse Grant | Getty Images Entertainment | Getty Images Editor’s note: This article contains spoilers for “Deadpool & Wolverine.” Marvel is on the rebound. After its worst performance of all-time at the […]
