Meta, the parent company of Facebook and Instagram, achieved a record $51.2 billion in Q3 revenue. However, a massive $15.93 billion tax charge led to a significant earnings drop, disappointing Wall Street expectations.
In a surprising turn, UPS reports third-quarter earnings that exceed Wall Street expectations, despite announcing 48,000 job cuts as part of its turnaround strategy. Shares surged over 7% in response.
Macy's reported impressive second-quarter earnings, beating Wall Street expectations. With revamped stores and a strategic focus on high-performing segments, the retailer is optimistic about the future despite tariff challenges. Discover how Macy's is reshaping its approach to thrive in a competitive market.
BlackRock reported a first-quarter net income of $1.5 billion, falling short of Wall Street's expectations. Despite this, adjusted earnings exceeded forecasts, raising questions for investors.
Gap has posted impressive earnings this quarter, exceeding Wall Street expectations and indicating a successful turnaround under CEO Richard Dickson. Shares surged by 17%, showcasing the brand's recovery and future potential.