Business Archives | Page 144 Of 147

Apple to report earnings as investors worry about ‘mixed’ iPhone demand

Apple reports fourth-quarter earnings after the bell Thursday. It’s the end of Apple’s fiscal year, and it’s the first quarter with sales from the September launch of the iPhone 16. Here’s what to expect, according to LSEG consensus estimates: Earnings per share: $1.53 Revenue: $94.46 billion The most critical item will be what Apple signals […]

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Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall

Business News

The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024. Spencer Platt | Getty Images Merck on Thursday reported third-quarter revenue and adjusted earnings that topped expectations as the company saw strong sales from its top-selling cancer drug Keytruda, recently launched treatments and its animal health business. But

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7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain

Business News

Brian Niccols, CEO of Starbucks, speaking with CNBC on Oct. 31st, 2024. CNBC Starbucks CEO Brian Niccol shared more details about the company’s turnaround strategy during the company’s quarterly conference call on Wednesday. For three straight quarters, Starbucks has reported declining sales. But the coffee chain is hoping that some easy tweaks to its U.S.

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Starbucks’ plan to return to its roots involves 200,000 Sharpies

Business News

Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022. Carlo Allegri | Reuters Starbucks CEO Brian Niccol said the coffee chain plans to buy roughly 200,000 Sharpie markers as part of his plan to take the coffee chain back to its roots. He’s betting that more personal touches —

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Super Micro’s billion stock collapse underscores risk of AI hype

Super Micro’s $50 billion stock collapse underscores risk of AI hype

Technology News

The Super Micro Computer Inc. headquarters in San Jose, California, U.S., on Tuesday, Jan. 5, 2021. Bloomberg | Bloomberg | Getty Images In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains. As it turned

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Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO

Business News

Clothing inside a Peloton store in Palo Alto, California, US, on Monday, Aug. 5, 2024. David Paul Morris | Bloomberg | Getty Images Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the cofounder of Apple Fitness+ to be its next CEO and president. Stern, the president of Ford Integrated Services,

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Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected

Business News

A Peloton bike is displayed at a Dick’s Sporting Goods store on May 08, 2024 in Daly City, California. Justin Sullivan | Getty Images Peloton is back to generating free cash flow and is edging within reach of profitability as the connected fitness company reigns in costs and looks to improve the unit economics behind

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Here’s what to know before Comcast reports third-quarter earnings

Business News

NBCUniversal kicks off it’s new Peacock streaming service. Todd Williamson | Peacock | NBCUniversal | Getty Images Comcast reports its third-quarter earnings before the bell Thursday. Wall Street will once again be focused on subscriber numbers and growth for both broadband and streaming platform Peacock. Investors in recent quarters have homed in on the broadband

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Microsoft CFO says OpenAI investment will cut into profit this quarter

Finance News

Microsoft CEO Satya Nadella, right, speaks as OpenAI CEO Sam Altman looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images Microsoft‘s massive investment in OpenAI is weighing on earnings. Following Microsoft’s quarterly earnings report on Wednesday, CFO Amy Hood said she expects the company to

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Starbucks will stop charging extra for dairy substitutes

Business News

Starbucks offers oat milk as a dairy-free option. Source: Starbucks Starbucks said Wednesday that it will remove the surcharge for dairy substitutes, saving some U.S. customers more than 10% on their drinks. The change goes into effect Nov. 7 and follows years of pleading from customers to eliminate the extra fee, especially as milk alternatives

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Apple to report earnings as investors worry about ‘mixed’ iPhone demand

Merck tops earnings estimates on strong demand for Keytruda, new drugs even as HPV vaccine sales fall

7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain

Starbucks’ plan to return to its roots involves 200,000 Sharpies

Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO

Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected

Here’s what to know before Comcast reports third-quarter earnings

Microsoft CFO says OpenAI investment will cut into profit this quarter

Starbucks will stop charging extra for dairy substitutes

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