Ferrari reported luxury vehicle sales surged in Americas and Asia and earnings and sales advanced in double digits. Peloton Interactive lukewarm increase in quarterly revenue but loss shrank from the previous year. Shopify said gross merchandise and payment volumes advanced.
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RACE PACW PTON FHN PARA SHOP
Exxon Mobil and Chevron distribute bumper oil profits to shareholders through stock repurchases and dividend increases. Amazon.com Inc forecasted a wider range for operating earnings, reflecting macroeconomic headwinds. Intel estimated elevated losses to continue in the second quarter.
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AMZN COF INTC CVX XOM
Microsoft revenue increase in the March quarter was driven by cloud segment growth offset by a weakness in personal computing linked sales. Google's parent Alphabet reported slower revenue growth compared to a year ago. Chipotle Mexican Grill sales and earnings jumped on higher prices.
GOOG CSGP GLW MCD CMG MSFT
GOOG CSGP GLW MCD CMG MSFT
Cadence Design Systems reported revenue and earnings growth and offered a conservative second quarter outlook. First Republic Bank reported a sharp jump in deposit outflows and an increase in borrowings. UPS said full-year 2023 revenue is likely to be near the low end of its estimated range.
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PEP CDNS UPS AMP FRC UBS
Goldman Sachs reported a decline in revenue partly driven by weak investment banking and fixed-income business. Lockheed Martin