Category: Company Reports

BP, in a Reversal, Says It Will Produce More Oil and Gas

The company said global concerns about energy security prompted the change, as it reported record profits for 2022.
Disney’s Iger Returns to Familiar Stage, but With Different Challenges

The company reports quarterly earnings on Wednesday, and Wall Street is expecting it to lay out a new streaming strategy and operating structure.
Tech Earnings Disappoint Investors as Giants Stress Cost Cuts

Apple, Amazon and Alphabet all reported disappointing quarterly results, as they emphasized efforts to cut costs in the face of an economic slowdown.
Tech’s Biggest Companies Discover Austerity, to the Relief of Investors

After years of expansion and billions in profits, Big Tech is pulling back from its famously lavish spending as a long boom finally ends.
Amazon Reports Almost No Profit and Slowing Growth

The company indicated the slowing growth and tight margins would continue in the first three months of this year.
Meta Soars by Most in Decade, Adding $100 Billion in Value

Mark Zuckerberg’s company recorded its biggest daily market gain in nearly a decade, as the mood brightens among tech investors.
Meta Soars by Most in Decade, Adding $100 Billion in Value

Mark Zuckerberg’s company recorded its biggest daily market gain in nearly a decade, as the mood brightens among tech investors.
Ford Said Sales in January Increased 2%

The company’s deliveries of electric vehicles more than doubled, compared with the same month a year earlier.
Shell’s Profit Soared to $42 Billion in 2022

The record haul, pushed by high energy prices and a hunger for liquefied natural gas, came as a new chief signaled a more “balanced approach” to renewable energy.
Meta Posts $4.2 Billion Restructuring Charge

The company, which is in the midst of shifting to become a metaverse business, also forecast revenue would beat Wall Street predictions.
Meta Posts $4.2 Billion Restructuring Charge

The company, which is in the midst of shifting to become a metaverse business, also forecast revenue would beat Wall Street predictions.
Oil Giants, After Surge in Profits, Are Wary About Spending

Economic and military uncertainty clouds the outlook for Exxon, Chevron and other energy companies, whose bonanza from high prices is already fading.