The chipmaker cites rising input costs and memory shortages as it reports in-line Q3 earnings but softer Q4 guidance. Qualcomm posted fiscal third-quarter adjusted earnings of $2.21 per share on $9.95 billion in revenue, matching LSEG estimates. The company attributed resu
Microsoft’s fourth-quarter earnings exceeded analyst expectations, driven by strong cloud growth and higher-than-forecast revenue. Microsoft reported fourth-quarter earnings per share of $4.81, above the estimated $4.25, while adjusted EPS reached $4.74. Revenue hit $90.01
QCOM reports Q3 adjusted earnings of $2.21 per share, exceeding estimates, with revenue reaching $9.95B. Qualcomm posted Q3 adjusted earnings of $2.21 per share, matching estimates but surpassing the prior quarter’s $1.87. Adjusted revenue rose to $9.95 billion, slightly a
Rio Tinto shares rise 2.4% after Goldman Sachs upgrades rating, citing a 15% pullback from June highs as an entry point. Rio Tinto (RIO) climbed 2.4% in Wednesday trading following robust first-half results, prompting Goldman Sachs to raise its rating to Buy from Neutral.
The healthcare services firm raised its earnings outlook as VITAS posts higher revenue growth and EBITDA margins. Chemed Corporation updated its Q2 2026 earnings per share guidance to $25-$25.75, citing stronger-than-expected performance from its VITAS segment. The company
Fed official signals reliance on market yields over direct guidance, spurring higher long-term rates and equity declines. A Federal Reserve policymaker indicated the central bank will avoid guiding markets, emphasizing that yields, inflation, and employment data should dic
The home improvement company revised its full-year earnings outlook after receiving an $85M net tariff refund benefit. Masco Corporation raised its 2026 earnings per share guidance to a range of $4.40 to $4.60, citing an $85 million net tariff refund benefit. The adjustmen
Analysts forecast 1.4% same-store sales growth for Chipotle despite consumer budget pressures and prior traffic declines. Chipotle Mexican Grill is set to report second-quarter earnings after markets close Wednesday, with Wall Street expecting $3.33 billion in revenue and
Analysts forecast a 344.3% year-over-year surge in Valero's Q2 EPS to $10.13 amid strong estimate revisions. Valero Energy (VLO) will report Q2 2026 earnings on July 30 before the market opens. The consensus estimate calls for earnings per share of $10.13, a 344.3% increas
Analysts expect Starbucks to report 6% same-store sales growth, signaling a sustained turnaround amid strategic shifts. Starbucks is set to release quarterly earnings after markets close Wednesday, with analysts forecasting $9.16 billion in revenue and earnings per share o
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