Business
S&P 500 Earnings Growth Set for 47% in Second Quarter
FactSet expects second-quarter growth of 47.5%, nearly three times the five-year average, in what would be a seventh straight double-digit quarter for the index.
Tag: earnings
Disney Beats Forecasts and Signs TikTok Content Deal
Adjusted earnings of $2.06 a share beat the $1.85 expected, and creators gain access to assets from hundreds of Disney films and series under…
AMD Beats Estimates but Shares Slide on Cash Flow
The chipmaker exceeded revenue and earnings forecasts, but a fall in free cash flow margin sent the stock down 8.8% after hours and 4.5%…
SpaceX Revenue Up 92% but Capex Sends Shares Down
The rocket company beat on revenue and earnings in its first report since listing, but disclosed $18.4bn of quarterly capital spending aimed at AI…
Eli Lilly Revenue Jumps 48% on Obesity Drug Sales
Second-quarter revenue reached $22.97bn and adjusted earnings beat consensus by $2.37 a share, as Mounjaro sales rose 91% and the company lifted its outlook.
Dow Closes at Record as Oil Slides on Iran Hopes
The Dow gained 907 points to a record and the S&P 500 hit its first high since June, after Bessent said a Hormuz deal…