Brian Roberts, chief executive officer of Comcast, arrives for the annual Allen & Company Sun Valley Conference, July 9, 2019 in Sun Valley, Idaho. Drew Angerer | Getty Images Comcast reported its second-quarter earnings before the bell on Thursday, beating analyst estimates on the top and bottom lines. It’s the first earnings report since Comcast’s
Earnings
Employees at Shopify’s headquarters in Ottawa. Chris Wattie | Reuters Popular stock Shopify jumped on Wednesday after the Canadian e-commerce company beat estimates for second-quarter revenue as more brick-and-mortar retailers used its online platform during coronavirus-led lockdowns. Shopify shares, which investors have bought en masse amid the Covid-19 pandemic, have rallied more than 100% over the
Larry Culp, CEO, General Electric Scott Mlyn | CNBC General Electric reported on Wednesday a revenue figure for the second quarter that slightly beat analyst expectations, sending the stock higher. However, the industrial giant’s bottom line took a bigger-than-expected hit as the company weathers the coronavirus pandemic. Here’s how the company’s results compared to analyst expectations:
General Motors Chairman and CEO Mary Barra on April 1, 2020 tours one of the company’s facilities in Warren, Michigan that will produce Level 1 face masks. GM General Motors is set to report its second-quarter earnings before the bell on Wednesday as the automaker attempts to recover from the coronavirus pandemic that’s shuttered factories
A Starbucks Coffee in Harlem is closed, as retail sales suffer record drop during the outbreak of the coronavirus disease (COVID-19) in New York, April 15, 2020. Bryan Smith | Reuters Starbucks swung to a loss during its fiscal third quarter as its same-store sales plunged 40% in the wake of the coronavirus pandemic. But the