About NBR“Nightly Business Report produced by CNBC” (NBR) is an award-winning and highly-respected nightly business news program that airs on public television. Television’s longest-running evening business news broadcast, “NBR” features in-depth coverage and analysis of the biggest financial news stories of the day and access to some of the world’s top business leaders and policy makers.
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Amazon’s third-quarter earnings beat Street estimates, but its revenue and fourth-quarter outlook fell short of expectations, dropping its stock roughly 6 percent in after-hour trading.
“There’s no doubt that like others we’re currently benefiting from a very strong consumer environment, perhaps the strongest I’ve seen in my career,” Target CEO Brian Cornell told analysts on a call Wednesday.
Wall Street had expected software and services revenue to remain essentially unchanged from the previous quarter.
Despite the higher costs related to tariffs, Caterpillar raises its guidance.
CEO Marc Bitzer said Whirlpool saw weak performance in its Europe, Middle East and Africa business, which reported a 12.3 percent decrease in sales, excluding currency impacts.
Google parent company Alphabet beat Q2 earnings estimates and its stock jumped after-hours.
United Airlines shares surge after second-quarter profit tops Wall Street estimates.
Julia Boorstin reports the results of Netflix’s second quarter.
The Bank of America cost-cutting machine hummed along for another quarter.
Leslie Picker reports on the earnings from JP Morgan, Wells Fargo and Citibank.
Citigroup shares fell on Friday after the banking giant reported weaker-than-expected quarterly revenue, driven by a decline in corporate lending.
JPMorgan beats estimates on higher than expected trading results.
Kate Rogers reports on McDonald’s better than expected quarterly results.
Julia Boorstin reports on the quarterly earnings for Facebook.
Shares opened at $31.35 after trading as high as $34 in extended hours.