GE Aerospace’s stock jumps after a big profit beat, as commercial orders soared
GE Aerospace’s stock climbed toward a two-month high in early Tuesday trading, after the jet engines maker reported second-quarter profit and revenue that were well above forecasts amid a big jump in orders, and lifted its full-year outlook.
Comcast (CMCSA) earnings Q2 2024
The Comcast NBC logo is shown on a building in Los Angeles, California, June 13, 2018. Mike Blake | Reuters Comcast reported mixed results before the bell Tuesday, missing on revenue estimates due to tough year-over-year comparisons for its film studio and theme parks. Here is how Comcast performed, compared with estimates from analysts surveyed […]
Porsche warns on profits due to aluminum shortage
Shares of sportscar maker Porsche slumped on Tuesday after a profit warning, which the group blamed on a supply shortage of specialist aluminum alloys.
General Motors (GM) earnings Q2 2024
A GMC pickup truck is displayed for sale on a lot at a General Motors dealership in Austin, Texas, on Jan. 5, 2023. Brandon Bell | Getty Images DETROIT — General Motors is set to report second-quarter results before the bell Tuesday. Wall Street expects GM to be the standout among the traditional Detroit automakers, with […]
GM, Ford, Stellantis second-quarter earnings: What analysts expect
General Motors CEO Mary Barra, center, at the New York Stock Exchange, Nov. 17, 2022. Source: NYSE DETROIT — Wall Street expects General Motors to be the standout among the traditional Detroit automakers when they report second-quarter results this week, with sales and vehicle prices stable during the first half of the year for America’s […]
More than 100 workers walk off job at Amazon air hub, Teamsters say, in wake of record Prime Day
Workers at a key Amazon.com Inc. air-shipping hub in Southern California walked off the job over the weekend, the Teamsters union said Monday, in response to what the group said was retaliation from the online retailer against workers for organizing.
Warner Bros. Discovery says it will match Amazon
Warner Bros. Discovery said Monday it has informed the National Basketball Association that it intends to use its matching rights for a package of games earmarked for another company. Warner Bros. Discovery is targeting the deal carved out for Amazon Prime Video, according to a person familiar with the matter. “In an effort to continue […]
These ‘cheap’ stocks could get a tailwind no matter who wins the White House
Stocks that directly benefit from investment in manufacturing and infrastructure are trading at a discount relative to the S&P 500, according to BofA Global Research.
McDonald’s to extend $5 value meal in most markets
In an aerial view, a customer walks by a sign as they leave a McDonald’s restaurant in San Pablo, California, on April 3, 2023. Justin Sullivan | Getty Images McDonald’s will extend its $5 value meal beyond its initial four-week window in most of its U.S. markets as the fast-food giant says the offer is […]
Long-term bond yields flip higher as traders assess chance of Trump win in November
Yields on 10- and 30-year U.S. government debt turned modestly higher heading into Monday afternoon trading, as market participants weighed Republican Donald Trump’s chances of winning the Nov. 5 general election against the replacement candidate for Joe Biden.
