News: Stocks
Chubb Reports Strong First Quarter 2024 Performance with Notable Gains in Core Operating Income and Premiums
Chubb Reports Strong First Quarter 2024 Performance with Notable Gains in Core Operating Income and Premiums

ZURICH, April 23, 2024 — Chubb Limited (NYSE: CB) today announced its financial results for the first quarter ended March 31, 2024, showcasing robust increases in both per share net income and core operating income alongside significant growth in net premiums written across its diverse portfolios.

Texas Instruments Reports Q1 2024 Financial Results and Shareholder Returns
Texas Instruments Reports Q1 2024 Financial Results and Shareholder Returns

DALLAS, April 23, 2024 /PRNewswire/ — Texas Instruments Incorporated (TI) (Nasdaq: TXN), a global semiconductor company, today announced its financial results for the first quarter of 2024. The earnings call is scheduled for 3:30 p.m. Central time and can be accessed on the TI website.

Visa Reports Robust Fiscal Second Quarter 2024 Results
Visa Reports Robust Fiscal Second Quarter 2024 Results

San Francisco, CA – April 23, 2024 – Visa Inc. (NYSE: V) has released its earnings report for the fiscal second quarter of 2024, showing strong financial performance and steady growth across key areas of its business.

Tesla's Q1 Earnings Highlight Challenges and Strategic Shifts
Tesla's Q1 Earnings Highlight Challenges and Strategic Shifts

Tesla, the electric vehicle giant, reported a significant 9% drop in revenue for the first quarter of 2024, marking its steepest decline since 2012. The company's revenue of $21.30 billion fell short of the $22.15 billion analysts expected, indicating a challenging period for Tesla as it navigates increased competition and a global slowdown in EV demand.

UPS Reports First-Quarter 2024 Earnings, Faces Revenue Decline but Reaffirms Full-Year Outlook
UPS Reports First-Quarter 2024 Earnings, Faces Revenue Decline but Reaffirms Full-Year Outlook

ATLANTA, April 23, 2024 /BUSINESS WIRE/—UPS (NYSE: UPS), a global leader in logistics, announced a decrease in revenues and earnings in the first quarter of 2024 but remains optimistic about its growth trajectory for the rest of the year.

Lockheed Martin Posts Solid Q1 2024 Earnings, Reaffirms Financial Outlook for the Year
Lockheed Martin Posts Solid Q1 2024 Earnings, Reaffirms Financial Outlook for the Year

BETHESDA, Md., April 23, 2024 /PRNewswire/— Lockheed Martin Corporation (NYSE: LMT), a global aerospace, defense, security, and advanced technologies company, today reported its financial results for the first quarter of 2024. Despite a challenging global economic landscape, the company showcased resilient performance with net sales increasing to $17.2 billion, up from $15.1 billion in the first quarter of 2023.

PepsiCo Stays the Course with Solid Q1 2024 Performance and Reaffirms Full-Year Guidance
PepsiCo Stays the Course with Solid Q1 2024 Performance and Reaffirms Full-Year Guidance

PURCHASE, N.Y. — April 23, 2024 — PepsiCo, Inc. (NASDAQ: PEP) today announced its financial results for the first quarter of 2024, demonstrating steady growth and resilience in a fluctuating market environment. The company confirmed its commitment to delivering strong financial outcomes for the full year, aligning with previous projections.

Oracle Announces $8 Billion Investment to Boost Cloud Computing and AI Capabilities in Japan
Oracle Announces $8 Billion Investment to Boost Cloud Computing and AI Capabilities in Japan

April 17, 2024, AUSTIN, Texas and TOKYO, Japan — Oracle Corporation Japan has unveiled a major strategic investment plan, committing over $8 billion over the next decade to expand its cloud computing and artificial intelligence (AI) infrastructure in Japan. This ambitious investment aims to enhance Oracle Cloud Infrastructure’s (OCI) presence and address the increasing digital sovereignty needs of Japanese customers and partners.

Eli Lilly Expands Manufacturing Capabilities with Acquisition of Nexus Pharmaceuticals' Facility
Eli Lilly Expands Manufacturing Capabilities with Acquisition of Nexus Pharmaceuticals' Facility

April 22, 2024 - In a strategic move to bolster its production capacities, Eli Lilly and Company (NYSE: LLY), a global pharmaceutical leader, has acquired a new injectable medicine manufacturing facility from Nexus Pharmaceuticals, LLC. This acquisition is set to significantly enhance Lilly's manufacturing capabilities in the United States.

Ameriprise Financial Announces First Quarter 2024 Results and Increases Quarterly Dividend by 10%
Ameriprise Financial Announces First Quarter 2024 Results and Increases Quarterly Dividend by 10%

 

MINNEAPOLIS, MN — April 22, 2024 — Ameriprise Financial, Inc. (NYSE: AMP) today released its first-quarter financial results for 2024, delivering strong performance across its diversified business portfolio and announcing a significant dividend increase.

Nucor Reports Strong Earnings in Q1 2024 Despite Market Volatility
Nucor Reports Strong Earnings in Q1 2024 Despite Market Volatility

CHARLOTTE, N.C. — April 22, 2024 — Nucor Corporation (NYSE: NUE), a leader in the steel industry, announced its financial results for the first quarter of 2024 today, showcasing solid performance despite fluctuating market conditions.

Cadence Design Systems Announces Impressive Q1 2024 Financial Results
Cadence Design Systems Announces Impressive Q1 2024 Financial Results

SAN JOSE, Calif. — April 22, 2024 — Cadence Design Systems, Inc. (Nasdaq: CDNS) today disclosed their financial results for the first quarter of 2024, marking a promising start to the year despite a decline in some margins compared to the same period in 2023.

Truist Reports Solid First Quarter 2024 Results Amidst Economic Adjustments
Truist Reports Solid First Quarter 2024 Results Amidst Economic Adjustments

Truist Financial Corporation has reported its financial outcomes for the first quarter of 2024, indicating a solid performance with net income of $1.1 billion or $0.81 per share. The adjusted net income stands at $1.2 billion, reflecting an increase of 11% from previous figures, translating to $0.90 per share.

Verizon Reports First Quarter 2024 Financial Results
Verizon Reports First Quarter 2024 Financial Results

Verizon Communications Inc. (NYSE, Nasdaq: VZ) has announced its financial results for the first quarter of 2024, revealing a mix of stable earnings and robust revenue growth in key segments. The company reported earnings per share (EPS) of $1.09, a slight decrease from $1.17 in the first quarter of 2023. Adjusted EPS, which excludes special items, stood at $1.15, compared to $1.20 in the previous year.

American Express Reports Robust Growth in First Quarter of 2024
American Express Reports Robust Growth in First Quarter of 2024

American Express (NYSE: AXP) showcased a strong financial performance in the first quarter of 2024, reporting a substantial 11% increase in revenues, which soared to $15.8 billion from $14.3 billion in the same period last year. The growth was primarily fueled by a significant uptick in net interest income and escalated Card Member spending.

PPG Reports First Quarter 2024 Financial Results
PPG Reports First Quarter 2024 Financial Results

PPG Industries, a leading global provider of paints, coatings, and specialty materials, announced its financial results for the first quarter of 2024. Amidst a complex global economic environment, the company showcased resilience with record earnings per share and continued margin improvements. The detailed financial performance highlights the strategic initiatives PPG is undertaking to maintain and grow its market position.

Expanded Article on Netflix, Inc. Q1 2024 Earnings Call
Expanded Article on Netflix, Inc. Q1 2024 Earnings Call

On April 18, 2024, Netflix held its Q1 2024 earnings call, which was led by Gregory K. Peters (Co-CEO, President & Director) and Theodore A. Sarandos (Co-CEO & Director), along with Spencer Adam Neumann (CFO) and Spencer Wang (VP of Finance, Corporate Development & Investor Relations). The call was focused on reviewing financial outcomes, discussing strategic shifts, and providing forward-looking statements about the company's future operations.

Snap-on Reports Steady First Quarter 2024 Results Amid Economic Fluctuations
Snap-on Reports Steady First Quarter 2024 Results Amid Economic Fluctuations

KENOSHA, Wis. — April 18, 2024 — Snap-on Incorporated (NYSE: SNA), a leading global provider of professional tools, diagnostics, and solutions, has disclosed its financial results for the first quarter of 2024. The results reflect a marginal sales decrease but an improvement in operating margins and earnings per share.

Las Vegas Sands Reports Substantial Growth in Q1 2024 Financial Results
Las Vegas Sands Reports Substantial Growth in Q1 2024 Financial Results

The company posted net revenues of $2.96 billion for the quarter, a substantial increase from $2.12 billion in the same period last year. This growth was driven by strong performance in both Macao and Singapore. Operating income for the quarter rose impressively to $717 million, up from $378 million in the prior year. Net income saw a significant jump to $583 million, compared to $145 million in the first quarter of 2023.

Kinder Morgan Reports Strong First Quarter 2024 Financial Results
Kinder Morgan Reports Strong First Quarter 2024 Financial Results

Kinder Morgan, Inc. (NYSE: KMI) has announced its financial results for the first quarter of 2024, showcasing significant growth in earnings and an increase in dividends. The Houston-based energy infrastructure giant reported a first quarter earnings per share (EPS) of $0.33, up 10% from the previous year, and an adjusted EPS increase of 13%. Distributable cash flow (DCF) per share also saw a rise, reaching $0.64, a 5% increase compared to the first quarter of 2023.