Latest Financial markets News

Oil States International: Q1 Earnings Snapshot

Apr. 26, 2024 07:34 AM EDT

HOUSTON (AP) — HOUSTON (AP) — Oil States International Inc. (OIS) on Friday reported a loss of $13.4 million in its first quarter. On a per-share basis, the Houston-based company said it had a loss of 21 cents. Losses, adjusted for non-recurring costs, came to 3 cents per share....

Phillips 66: Q1 Earnings Snapshot

Apr. 26, 2024 07:17 AM EDT

HOUSTON (AP) — HOUSTON (AP) — Phillips 66 (PSX) on Friday reported first-quarter earnings of $748 million. On a per-share basis, the Houston-based company said it had net income of $1.73. Earnings, adjusted for non-recurring costs, came to $1.90 per share. The...

Exxon Mobil profit declines in 1st quarter as natural gas prices fall

Apr. 26, 2024 06:56 AM EDT

Exxon Mobil's profit declined in its first quarter as natural gas prices fell and industry refining margins dropped. The energy company earned $8.22 billion, or $2.06 per share, for the three months ended March 31. A year earlier it earned $11.43 billion, or $2.79 per share. ...

Ball: Q1 Earnings Snapshot

Apr. 26, 2024 06:23 AM EDT

WESTMINSTER, Colo. (AP) — WESTMINSTER, Colo. (AP) — Ball Corp. (BALL) on Friday reported first-quarter profit of $3.69 billion. On a per-share basis, the Westminster, Colorado-based company said it had net income of $11.61. Earnings, adjusted for one-time gains and costs, came to...

Rooting for Trump to fail has made his stock shorters millions

Apr. 26, 2024 00:19 AM EDT

NEW YORK (AP) — Rooting for Donald Trump to fail has rarely been this profitable. Just ask a hardy band of mostly amateur Wall Street investors who have collectively made tens of millions of dollars over the past month by betting that the stock price of his social media business...

Trading Trump: Truth Social's first month of trading has sent investors on a ride

Apr. 26, 2024 00:09 AM EDT

WASHINGTON (AP) — There have been lawsuits, short-selling and rampant speculation. Now, as Trump Media & Technology Group approaches its first month as a publicly traded company, it’s clear that — like the man it’s named after — there’s nothing typical about the stock. ...

Stock market today: Asian benchmarks mostly climb despite worries about US economy

Apr. 25, 2024 23:50 PM EDT

TOKYO (AP) — Asian shares mostly rose Friday despite worries about the economic outlook and inflation in the U.S. and the rest of the world. The Bank of Japan ended a policy meeting with no major changes, keeping its benchmark interest rate in a range of 0 to 0.1%. In March, it...

Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products

Apr. 25, 2024 18:16 PM EDT

Microsoft on Thursday said its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productive. The company reported quarterly net income of $21.93 billion, or $2.94 per share,...

Boston Beer: Q1 Earnings Snapshot

Apr. 25, 2024 17:21 PM EDT

BOSTON (AP) — BOSTON (AP) — Boston Beer Co. (SAM) on Thursday reported first-quarter net income of $12.6 million. On a per-share basis, the Boston-based company said it had profit of $1.04. The results topped Wall Street expectations. The average estimate of six...

FTAI Aviation: Q1 Earnings Snapshot

Apr. 25, 2024 17:20 PM EDT

NEW YORK (AP) — NEW YORK (AP) — FTAI Aviation Ltd. (FTAI) on Thursday reported first-quarter net income of $39.6 million. On a per-share basis, the New York-based company said it had net income of 31 cents. The results missed Wall Street expectations. The average...