Apple said revenue and earnings declined in the March quarter and announced a $110 billion stock repurchase plan. Expedia reported higher revenue in the first quarter, but the company's guidance disappointed some investors. Amgen said it plans to take its injectable weight loss drug to a phase 3 trial.
AAPL EXPE AMGN
AAPL EXPE AMGN
Starbucks reported weaker-than-expected quarterly results in the first quarter, and the coffee chain lowered its full-year outlook. Amazon said quarterly revenue growth was driven by strong gains in its cloud service business and advertising revenue. AMD reiterated its full-year outlook.
AMD PINS SMCI AMZN SBUX
AMD PINS SMCI AMZN SBUX
Domino's Pizza reported strong quarterly results after U.S. same-store sales accelerated and gross margin improved. Tesla passed a key milestone in launching its self-driving technology in China. Philips settled personal injury and medical monitoring claims linked to its Respironics devices.
DPZ PHG TSLA
DPZ PHG TSLA
Texas Instrument projected higher second-quarter revenue after reporting better-than-expected first-quarter earnings. Tesla said results are likely to improve in the second quarter, but vehicle unit sales are likely to be weaker in 2024. Boeing reported a smaller-than-expected loss in the first quarter.
TSLA TXN BA ABNB V
TSLA TXN BA ABNB V
Goldman Sachs reported a sharp jump in investment banking segment revenue in the first quarter. Charles Schwab said assets under management fees rose 21% in the first quarter from a year ago to record $1.3 billion. Tesla plans to lay off 10% of its global staff as the company battles slowing sales growth and rising competition from Chinese electric vehicle makers.
TSLA GS SCHW CRM
TSLA GS SCHW CRM