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May 24, 2022

Dividends

Tesla whale calls for $15 billion stock buyback after share price craters

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CNBC – For more and to sign up click here Founder and CEO of Tesla Motors Elon Musk speaks during a media tour of the Tesla Gigafactory, which will produce batteries for the electric carmaker, in Sparks, Nevada. James Glover II | Reuters Billionaire Leo Koguan, who claims to be......

Stocks making the biggest moves after hours: Cisco, Bath & Body Works, Synopsys

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CNBC – For more and to sign up click here A man passes under a Cisco logo at the Mobile World Congress in Barcelona, Spain February 25, 2019. Sergio Perez | Reuters Check out the companies making headlines after the bell:  Cisco Systems — Shares of the networking company sank......

Home Depot raises full-year outlook after earnings beat, record first-quarter sales

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CNBC – For more and to sign up click here Home Depot on Tuesday raised its full-year outlook after reporting strong quarterly earnings, fueled by the company’s strongest first-quarter sales on record. Shares of the company rose 4% in premarket trading. Here’s what Home Depot reported compared with what Wall......

Beyond Meat shares tumble after company reports widening loss, disappointing revenue

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CNBC – For more and to sign up click here Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Wednesday reported a wider-than-expected loss for its first......

Stocks making the biggest moves midday: Palantir, Rivian, Uber and more

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CNBC – For more and to sign up click here Peter Thiel, co-founder and chairman of Palantir Technologies Inc., pauses during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019. Kiyoshi Ota | Bloomberg | Getty Images Check out the companies making headlines in midday trading Monday. Palantir......

Sweetgreen losses widen despite 67% jump in quarterly sales

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CNBC – For more and to sign up click here A Sweetgreen banner on the NYSE, November 18, 2021. Source: NYSE Sweetgreen on Thursday reported widening losses for its first quarter, but sales jumped 67% as workers returned to their offices and resumed their old lunchtime routines. Shares of the......

Stocks making the biggest moves after hours: DoorDash, Block, Zillow and more

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CNBC – For more and to sign up click here A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020. Carlo Allegri | Reuters Check out the companies making headlines after the bell:  Block — Shares rose more than......

Oil giant Shell reports soaring first-quarter profits, raises dividend

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CNBC – For more and to sign up click here Shell’s results follow bumper profits from across the oil and gas industry. Ben Stansall | Afp | Getty Images LONDON — Oil giant Shell on Thursday reported its highest quarterly profit since 2008 on soaring commodity prices, fueling calls for......

Stocks making the biggest moves premarket: Uber, Brinker, Generac and more

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CNBC – For more and to sign up click here Check out the companies making headlines before the bell: Uber (UBER) – Uber fell 1% in premarket trading after it reported a quarterly loss and revenue that beat estimates. Uber saw ride volumes increase during the quarter while food deliveries......

Starbucks suspends its outlook as Covid lockdowns hammer sales in China

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CNBC – For more and to sign up click here Starbucks on Tuesday suspended its outlook for fiscal 2022 as Covid lockdowns in China weighed on international sales. Still, strong demand in the U.S. offset sharp declines from China, helping the company’s quarterly revenue top Wall Street’s estimates. Shares rose......

Burger King parent earnings beat estimates as revenue climbs 15%

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CNBC – For more and to sign up click here In this photo illustration, a Burger King Whopper hamburger is displayed on April 05, 2022 in San Anselmo, California. A federal lawsuit has been filed and is seeking class-action status alleging that fast food burger chain Burger King is misleading......

BP reports bumper first-quarter net profit, but posts massive loss on hit from Russia exit

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CNBC – For more and to sign up click here BP has further boosted returns to shareholders after net profit jumped to its highest level in more than a decade. Chris J. Ratcliffe | Bloomberg | Getty Images BP on Tuesday reported bumper first-quarter profits and boosted share buybacks, despite......

Berkshire earnings decline in the first quarter on slowing economic growth, stock market pullback

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CNBC – For more and to sign up click here Warren Buffett Gerry Miller | CNBC Warren Buffett’s Berkshire Hathaway reported Saturday a decline in first-quarter earnings, as the conglomerate was not immune to a slowing U.S. economy. The company’s net earnings came in at $5.46 billion, down more than......

Barclays beats expectations as Russia-Ukraine volatility gives investment bank a boost

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CNBC – For more and to sign up click here A branch of Barclays Bank is seen, in London, Britain, February 23, 2022. Peter Nicholls | Reuters LONDON — Barclays on Thursday beat analyst expectations for the first quarter, as strong investment banking performance helped drive income growth. The British bank......

Solar company Enphase Energy is ‘tripling down’ on Europe as Russia’s war sends power prices soaring

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CNBC – For more and to sign up click here Contractors install SunRun solar panels on the roof of a home in San Jose, California, on Monday, Feb. 7, 2022. David Paul Morris | Bloomberg | Getty Images Enphase Energy is setting its sights on Europe, as Russia’s invasion of......

General Motors profit dips in the first quarter amid rising costs and supply chain issues

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CNBC – For more and to sign up click here A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky |......

PepsiCo earnings beat estimates despite higher costs, company raises revenue forecast

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CNBC – For more and to sign up click here In this photo illustration PepsiCo products are shown on October 05, 2021 in Chicago, Illinois. Scott Olson | Getty Images PepsiCo on Tuesday reported quarterly earnings and revenue that topped analyst expectations as consumers paid more for their Doritos, Quaker oatmeal and......

Stocks making the biggest moves premarket: American Express, Verizon, Kimberly-Clark and more

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CNBC – For more and to sign up click here Check out the companies making headlines before the bell: American Express (AXP) – American Express rose 1.2% in the premarket after reporting better-than-expected profit and revenue for the first quarter. Amex reported a profit of $2.73 per share compared with......

Stocks making the biggest moves premarket: BioNTech, Five Below, Lululemon and others

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CNBC – For more and to sign up click here Check out the companies making headlines before the bell: BioNTech (BNTX) – The drug maker’s shares jumped 5.9% in the premarket after reporting significantly better-than-expected revenue and profit for the fourth quarter. BioNTech also reiterated its prior vaccine revenue guidance......

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