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So far, 37% of S&P 500 companies have reported earnings results. Of those companies, 78% beat profit estimates by a median of 6%, while 58% beat revenues estimates by a median of 2%, according to ...
Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
Of roughly 11% of companies in the S&P 500 index that have reported fourth-quarter earnings to date, just 67% have seen earnings per share come in above estimates — below the five-year average ...
Uber's stock climbed 5.5% after earnings for the last three months of 2022 beat expectations and CEO Dara Khosrowshahi said the company was focused on achieving profitability in 2023 as post ...
U.S. stocks rallied Thursday as investors digested the release of gross domestic product data and another round of corporate earnings. The S&P 500 increased by 1.1%, while the Dow Jones Industrial ...
Elsewhere in stock moves, Texas Instruments shares dropped 1.1% after the chipmaker posted its worst sales decline since 2020, while revenue fell to $4.17 billion from $4.53 billion. Other ...