Tag: earnings

Stock market today: Asian shares track Wall Streets rally, led by a 2.4% jump in Tokyo

HONG KONG -- Asian shares have tracked Wall Street’s rally, led by a 2.4% advance for Tokyo’s benchmark Nikkei 225 index powered by...

Tesla profits drop 55%, company says EV sales ‘under pressure’ from hybrids

Tesla profits fell 55% to $1.13 billion in the first quarter from the same year-ago period as a protracted EV price-cutting strategy and...

Stock market today: Asian stocks track Wall Street gains ahead of earnings reports

HONG KONG -- Asian share benchmarks were mostly higher Tuesday after U.S. stocks clawed back a chunk of their losses from the week...

American Express profits jump 34%, helped by jump in new customers, higher spending

NEW YORK -- Credit card giant American Express posted a 34% jump in its first quarter profits on Friday, helped by more customers...

Bank of America's Q1 profits fall 18% on higher expenses, charge-offs

NEW YORK -- Bank of America said its first-quarter profits fell 18%, as the bank dealt with rising expenses due to the impact...

Stock market today: Asian shares track Wall Street slump triggered by strong US spending data

BANGKOK -- Asian shares skidded Tuesday following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure...