Lordstown Motors (RIDE) Q2 2022 earnings and production

Lordstown Motors (RIDE) Q2 2022 earnings and production

Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors assembly plant in Ohio. Michael Wayland | CNBC Embattled electric truck startup Lordstown Motors on Thursday reaffirmed plans to begin commercial production of its first vehicle this quarter and roll out the first … Read more

Restaurant Brands International (QSR) Q2 2022 earnings

Restaurant Brands International (QSR) Q2 2022 earnings

A sign is posted in front of a Burger King restaurant on February 15, 2022 in Daly City, California. Justin Sullivan | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that topped Wall Street’s expectations, fueled by international sales growth at Burger King and the recovery of Tim Hortons’ Canadian locations. … Read more

Walmart lays off corporate employees after slashing forecast

Walmart lays off corporate employees after slashing forecast

Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey VIEW press | Corbis News | Getty Images walmart confirmed on Wednesday that it has begun to lay off corporate employees about a week after the company slashed its profit outlook and warned consumers had pulled back on discretionary spending … Read more

Lucid (LCID) Q2 2022 earnings and production forecast

Lucid (LCID) Q2 2022 earnings and production forecast

Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021. andrew kelly | Reuters Electric vehicle maker Lucid Group again cut its production targets … Read more

CVS says it plans to get into primary care by year end

CVS says it plans to get into primary care by year end

A CVS Pharmacy store is seen in the Manhattan borough of New York City, New York. Shannon Stapleton | Reuters CVS Wednesday said that it plans to acquire or take a stake in a primary-care company by the end of the year, as competition heats up with Amazon and Walgreens. CEO Karen Lynch said on … Read more

CVS Health (CVS) Q2 2022 earnings

CVS Health (CVS) Q2 2022 earnings

People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters CVS Health on Wednesday lifted its earnings outlook for the year, after beating Wall Street’s expectations for the fiscal second quarter. The health-care company said it now expects adjusted earnings per share for the full year … Read more

Starbucks (SBUX) Q3 2022 earnings beat estimates

Starbucks (SBUX) Q3 2022 earnings beat estimates

An employee hands a bag to a customer at the drive-thru of a Starbucks coffee shop in Hercules, California, on Thursday, July 28, 2022. David Paul Morris | Bloomberg | Getty Images Starbucks on Tuesday reported better-than-expected quarterly earnings and revenue, fueled by demand in the US for its cold coffee drinks. As inflation surges, … Read more

AMD stock slips as revenue forecast dips below Street consensus

AMD stock slips as revenue forecast dips below Street consensus

Advanced Micro Devices Inc. shares declined in the extended session Tuesday after the chip maker’s revenue forecast fell below the Wall Street consensus after posting record sales, topping Street expectations and reporting a huge surge in data-center sales. AMD amd, +2.59% reported second-quarter net income of $447 million, or 27 cents a share, compared with … Read more

Uber earnings Q2 2022

Uber earnings Q2 2022

Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during an interview in San Francisco, on Tuesday, Dec. 14, 2021. David Paul Morris | Bloomberg | Getty Images Uber reported a second quarter loss on Tuesday but beat analyst estimates for revenue. Shares of Uber popped 12% in premarket trading. Here are the key … Read more

Oil major BP earnings Q2 2022

Oil major BP earnings Q2 2022

At BP gas station in Madrid, Spain. Sopa Pictures | light rocket | Getty Images LONDON — UK oil giant BP on Tuesday reported bumper second-quarter profits, benefitting from a surge in commodity prices. The British energy major posted second-quarter underlying replacement cost profit, used as a proxy for net profit, of $8.5 billion. That … Read more