Morgan Stanley tops estimates driven by wealth management

Morgan Stanley tops estimates driven by wealth management

People walk past Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City.  Spencer Platt | Getty Images Morgan Stanley on Thursday reported fourth-quarter results that exceeded Wall Street expectations on the back of strong revenues from wealth management. Here’s what the company reported compared with what Wall Street analysts surveyed … Read more

Bank of America tops estimates on better-than-expected net interest income

Bank of America tops estimates on better-than-expected net interest income

Brian Moynihan, Chairman and CEO of Bank of America, speaks with Economic Club of Washington Chair David Rubenstein at an event at the Ritz-Carlton on February 25, 2025 in Washington, DC. Anna Moneymaker | Getty Images Bank of America on Wednesday posted fourth-quarter earnings that topped analysts’ expectations on gains from net interest income and … Read more

Delta CEO sees record earnings in reach again thanks to high-end travel demand

Delta CEO sees record earnings in reach again thanks to high-end travel demand

A Delta Air Lines Boeing 767-332(ER). Joan Valls | Nurphoto | Getty Images Delta Air Lines‘ earnings could jump more than 20% this year from 2025 thanks to robust travel demand, particularly at the high end of the market, and potentially reach a record, CEO Ed Bastian said. Delta on Tuesday forecast adjusted earnings per … Read more

Micron stock pops 11% as AI memory demand soars: ‘We are more than sold out’

Micron stock pops 11% as AI memory demand soars: ‘We are more than sold out’

The Micron logo is seen displayed at the 8th China International Import Expo. Sheldon Cooper | Lightrocket | Getty Images Micron Technology‘s stock jumped 11% after the company signaled robust demand for its memory chips and blew away fiscal first-quarter estimates. During an earnings call with analysts, Micron, which makes memory storage used for computers … Read more

Olive Garden owner Darden Restaurants hikes revenue outlook for second straight quarter

Olive Garden owner Darden Restaurants hikes revenue outlook for second straight quarter

An Olive Garden restaurant in Milpitas, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported strong sales growth, fueled by demand at Olive Garden and LongHorn Steakhouse. For the second straight quarter, the company hiked its full-year outlook for revenue growth, although it only … Read more

Oracle plummets 11% on weak revenue, pushing down AI stocks like Nvidia and CoreWeave

Oracle plummets 11% on weak revenue, pushing down AI stocks like Nvidia and CoreWeave

Oracle shares sank 11% in extended trading on Wednesday after the database software maker reported lower quarterly revenue than expected despite booming demand for its artificial intelligence infrastructure. AI-related stocks were hit following the report with, chipmakers Nvidia and Advanced Micro Devices each dropping about 1% and cloud provider CoreWeave sliding more than 3%. Here’s … Read more

Salesforce beats on earnings, issues better-than-expected revenue forecast

Salesforce beats on earnings, issues better-than-expected revenue forecast

Salesforce CEO Marc Benioff delivers the keynote address at the start of the Dreamforce conference in San Francisco on Oct. 14, 2025. Jessica Christian | San Francisco Chronicle | Getty Images Salesforce reported better-than-expected earnings on Wednesday and topped Wall Street estimates with its revenue guidance for the fourth quarter. The stock rose 3% in … Read more

Workday stock slips on light quarterly margin guidance

Workday stock slips on light quarterly margin guidance

Workday CEO Carl Eschenbach, right, walks to the morning session during the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 11, 2025. David Paul Morris | Bloomberg | Getty Images Workday shares slid more than 5% in extended trading Tuesday after the finance and human resources software maker issued quarterly … Read more

Abercrombie shares soar 37% on Hollister growth, strong earnings beat

Abercrombie shares soar 37% on Hollister growth, strong earnings beat

An Abercrombie & Fitch store stands in midtown Manhattan in New York City on Oct. 24, 2024. Spencer Platt | Getty Images Shares of Abercrombie & Fitch soared 37% Tuesday after the company showed investors it’s set to keep growing, even as its namesake brand slows down. During the apparel retailer’s fiscal third quarter, Abercrombie … Read more

Disney posts mixed results as streaming growth is offset by legacy TV declines

Disney posts mixed results as streaming growth is offset by legacy TV declines

A statue of Walt Disney and Mickey Mouse stands in a garden in front of Cinderella’s Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. Gary Hershorn | Corbis News | Getty Images Disney reported fiscal fourth-quarter earnings on Thursday that topped analyst expectations for earnings but … Read more