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Risk Management
3 Ways Finance Is Armoring Up for a Future of Disruption
Finance leaders are breaking down silos, improving planning methodologies, and upgrading tech tools to safeguard their businesses.
By
Alessio Lolli
| August 15, 2022
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Financial Performance
Financial Performance
Disney Loses $710M, Gets Boost From Streaming
“The real bright spot has been our direct-to-consumer business, which is key to the future of our company."
By
Matthew Heller
| November 13, 2020
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Financial Performance
Rocket Companies Revenue Up 163% in Record Q3
The parent company of Rocket Mortgage and Quicken Loans reported adjusted revenue of $4.74 billion.
By
Lauren Muskett
| November 11, 2020
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Financial Performance
GM Posts $4B Profit on Strong Truck, SUV Sales
"GM is benefiting from robust customer demand for our new vehicles and services, especially our full-size pickups and SUVs."
By
Matthew Heller
| November 5, 2020
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Financial Performance
Hyatt Loses $161M as Travel Slump Continues
Hyatt's revenue per available room improved in Q3 but the hotelier expects "demand to remain uneven over the coming months."
By
Matthew Heller
| November 5, 2020
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Technology
PayPal Posts Record Sales on E-Commerce Boom
“Our growth reinforces the essential role we play in our customers’ daily lives during this pandemic.”
By
Matthew Heller
| November 3, 2020
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Financial Performance
Exxon Posts $680M Loss as Oil Slump Continues
The company disclosed that further capital spending cuts and possible writedowns of assets are ahead as it battles the pandemic-induced oil bust.
By
Matthew Heller
| October 30, 2020
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Technology
Twitter Shares Fall on Slowing User Growth in Q3
Twitter beat estimates on the top and bottom lines but daily active user growth of only 1 million disappointed investors.
By
Matthew Heller
| October 30, 2020
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Financial Performance
Moderna Q3 Revenues Beat Estimates
The biotech is preparing for the global launch of its potential COVID-19 vaccine.
By
Lauren Muskett
| October 29, 2020
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Financial Performance
Visa Beats Estimates as Travel Slump Continues
“The recovery so far has been uneven, V-shaped for domestic volumes but L-shaped for cross-border volumes,” CFO Vasant Prahbhu says.
By
Matthew Heller
| October 29, 2020
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Financial Performance
Boeing Posts $466M Loss, Announces Job Cuts
The company is battling reduced demand amid the COVID-19 pandemic, with commercial aircraft sales down 56% in Q3.
By
Matthew Heller
| October 28, 2020
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The Cloud
Cloud Growth Drives Microsoft Earnings Beat
Microsoft has benefited from businesses accelerating the shift to cloud infrastructure and applications due to the COVID-19 pandemic.
By
Matthew Heller
| October 28, 2020
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Financial Performance
HSBC Beats Estimates, May Resume Dividend
“These were promising results against a backdrop of the continuing impacts of COVID-19 on the global economy."
By
Matthew Heller
| October 27, 2020
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The Cloud
SAP Shares Fall 23% on Q3 Results, Guidance
“COVID-19 has created an inflection point for our customers," the company said as it announced a "strategic pivot" to cloud computing.
By
Matthew Heller
| October 26, 2020
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Technology
Intel Shares Plunge on Falling Margins, Increased Competition
"We're seeing increased competition in the second half of the year, but not different levels of competition than we thought.”
By
Lauren Muskett
| October 23, 2020
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Financial Performance
Netflix Reports Mixed Q3 Earnings, Slower User Growth
Revenue was higher by 22.7% year-over-year as the company recorded 2.2 million paid net subscribers versus 6.8 million net additions a year ago.
By
Vincent Ryan
| October 20, 2020
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