[ad_1] Macy’s notes that Nike will be returning to its stores, starting in October this year. Macy’s Inc (NYSE:M), an American conglomerate holding company operating in consumer goods, released its first-quarter earnings…
Category: Wall Street
Foot Locker Posts Q1 2023 Results, Sees Stock Sink 25% on Sales Drop
[ad_1] Sportswear and footwear retailer Foot Locker took a hit in its Q1 2023 report after sustaining an 11% drop in revenue. Foot Locker Retail Inc (NYSE:FL) plunged 25% following a hefty…
BP Stock Tanked Over 5% Despite Company Beating Q1 2023 Profit Expectations
[ad_1] Amid lower fossil fuel costs, BP’s profit has slumped compared to the high profit it recorded in 2022. On Tuesday, May 2, major oil company British Petroleum (BP) reported stronger-than-expected first…
Meta Q1 2023 Results Sees Company Beat Revenue Estimates in What Zuckerberg Describes as ‘Good Quarter’
[ad_1] Meta’s Q1 2023 performance underscores its commitment to cutting costs and maximizing revenue in an “efficiency year”. Platform Meta (META:NASDAQ) recently reported Q1 2023 earnings, showing an unexpected increase in earnings…
JPMorgan Chase Reports Record Q1 2023 Revenue Haul amid US Banking Crisis
[ad_1] JPMorgan topped expectations for Q1 2023 earnings of more than $3 billion on the back of higher Fed-facilitated interest rates. JPMorgan Chase (NYSE:JPM) recently posted record Q1 2023 earnings that beat…
First Republic (FRC) Shares Jump 15% as Regional Bank Stock Rebounds
[ad_1] Since Silicon Valley Bank’s collapse, several industry stakeholders have done all they can to help cushion the pain in the company to help prevent a collapse. Regional banks in the United…
Activision Shares Up 5% as Microsoft Wins Regulator’s ‘Blessing’ on Acquisition Deal
[ad_1] Britain’s competition regulator eased the Microsoft-Activision deal slightly, sending game publisher shares soaring. Shares of Activision Blizzard Inc (NASDAQ:ATVI) soared Friday on positive news about the UK Competition and Markets Authority’s…
Terran Orbital Experiences $100 Million Annual Increase as Reflected in Q4 2022 Report
[ad_1] The Terran Orbital Q4 2022 release reveals increased revenue on a quarter-over-quarter and year-over-year basis. Satellite maker Terran Orbital (NYSE:LLAP) recently posted its Q4 2022 earnings report, revealing an increase in…