The nation’s largest bank said it earned record trading profits in the first quarter but tempered expectations overall for its business.
Category: Company Reports
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Goldman Sachs Earnings Show Effects of Iran War
It will be a tricky earnings season, as the investment banking giant became the first to show on Monday.
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Peloton’s Latest Leader Thinks He Can Coach It Back to Health
The fitness company has fallen to a small fraction of its value at its pandemic peak, but Peter Stern says Peloton is headed in the right direction.
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Delta Expects Strong Profit Despite Higher Fuel Costs
The airline said demand for tickets remained very strong despite the effects of the war in Iran.
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For Western Oil Companies, War in Iran Means Bigger Profits, and Risks
American and European oil and gas companies are expected to earn a lot more as prices surge but are worried about the future.
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Boeing Says Wiring Issue Will Delay Some 737 Max Deliveries
The aerospace company said the delay would not prevent it from meeting its 2026 sales goal of about 500 Max jets.
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Blaming Tariffs, Aston Martin to Trim 20% of Its Work Force
The luxury automaker said losses for 2025 had increased from the year before, as tariffs and geopolitical uncertainty take a toll on its operations.
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Home Depot Says Homeowners Are Weary From Economic Pressures
Sales fell at the home-improvement retailer, as homeowners shied away from big-ticket home improvement projects amid worries about housing costs and the job market.
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Walmart Expects Growth Streak to Continue as New Chief Takes Over
Shoppers are turning to Walmart to stretch their dollars, but an uncertain economy and trade tensions will test the retailer’s new executive team.
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Sales at McDonald’s Rise, Driven by Value Meals and Grinch Socks
Profits were up as the fast-food giant focused on price-conscious customers. But the company said it would cut back on financial support for franchisees.
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New Kraft Heinz CEO Says Food Company Won’t Split, for Now
The company’s new C.E.O. said he saw opportunities to fix and grow the food giant — and cut prices for consumers.
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Chevron Points to Venezuela’s Promise as Big Oil Earnings Fall
The two largest U.S. oil companies, Chevron and Exxon Mobil, reported their lowest annual profits in years.