Key TakeawaysBoeing reported a $6 billion quarterly loss on Wednesday and has seen its shares decline 40% this year, yet no Wall Street analysts tracked by Visible Alpha recommend selling the stock.Workers rejected a new contract proposal on Wednesday evening, extending a costly monthlong strike and leaving in place a major hurdle standing between the company and a long-awaited turnaround.Boeing's return to glory could take a decade, according to Bank of America analysts, who are optimistic the company can ...

KEY TAKEAWAYSIntel notched a win in a long-running fight against the European Union (EU) after the bloc's top court backed the annulment of a 1.06-billion-euro ($1.15 billion) antitrust fine on the U.S. chipmaker.On Thursday, the European Court of Justice said it dismissed the appeal by the European Commission, the EU's enforcement arm, to stick with the fine.The court's ruling is final and can't be appealed.The European Commission had alleged that Intel had abused its dominance in the market for x86 centra ...

KEY TAKEAWAYSIBM shares are dropping 5% in premarket trading Thursday, weighing on Dow Jones Industrial Average futures, after its quarterly revenue fell short of Wall Street estimates.The company reported third-quarter revenue of $14.97 billion, lower than the $15.07 billion consensus estimate of analysts polled by Visible Alpha, as infrastructure revenue fell 7% and consulting revenue remained flat.IBM CEO Arvind Krishna said the group expects fourth-quarter revenue growth, in constant-currency terms, to ...

United Parcel Service (UPS) shares rose as the company reported third-quarter results above analysts' expectations Thursday morning. The shipping giant reported revenue of $22.2 billion, better than the $21.94 billion consensus estimate of analysts compiled by Visible Alpha. Net income came in at $1.54 billion, or $1.80 per share, above projections, which called for $1.36 billion and $1.59 per share. Thursday's results mark the first time in nearly two years that UPS returned to posting year-over-year reve ...

KEY TAKEAWAYSBoeing shares are falling in premarket trading after its machinists union rejected a new contract offer, continuing a crippling strike at the plane maker that started six weeks ago.The 33,000 members of the International Association of Machinists (IAM) voted 64% against a proposed deal that would have given them a 35% wage increase over four years.The workers had wanted a 40% pay hike and a reinstatement of Boeing's pension plan. The company posted an enormous third-quarter loss Wednesday and s ...

Tesla (TSLA) reported third-quarter earnings that beat analysts' expectations as margins improved, sending shares higher in extended trading Wednesday. The electric vehicle (EV) maker posted third-quarter net income of $2.17 billion or 62 cents per share, up from $1.85 billion or 53 cents per share a year ago, topping analysts' estimates as margins rose to 19.8% from 17.9%. Revenue grew 8% year-over-year to $25.18 billion, slightly missing the analyst consensus from Visible Alpha. Earlier this month, Tesla ...

Key Takeaways AT&T reported better-than-expected postpaid phone net adds in the third quarter, and shares advanced Wednesday. Adjusted earnings and free cash flow also came in above estimates, but revenue missed. The results were negatively impacted by a pullback by businesses for legacy voice and data services. AT&T (T) shares advanced Wednesday as the telecom giant posted strong subscriber numbers. The company reported third-quarter postpaid phone net adds of 403,000, and "churn," which measures the perce ...

Key TakeawaysBoston Scientific shares fell Wednesday as its third-quarter profit missed estimates.The medical device maker's adjusted earnings per share and revenue were more than expected, as sales of its cardiovascular products surged.Boston Scientific gave a mixed updated full-year forecast. Boston Scientific (BSX) shares fell Wednesday when the medical equipment manufacturer's third-quarter profit fell and its GAAP earnings per share (EPS) came in short of its guidance. The company reported net income d ...

Key TakeawaysMcDonald's stock fell Wednesday, a day after the CDC announced it had linked an E. coli outbreak to the chain's Quarter Pounders.However, analysts said they think the impact on the fast-food giant's stock and sales likely will be short-lived.Analysts said McDonald's is better equipped to handle supply-chain shifts than companies that endured other outbreaks, like Chipotle in 2015. Analysts believe any impact from a recent E. Coli outbreak to McDonald's (MCD) sales and stock price likely will be ...

Key TakeawaysStarbucks withdrew its outlook for 2025, sending shares lower before paring back most of their losses Wednesday.Bank of America analysts said a reset was largely expected and anticipate "easy wins."New CEO Brian Niccol could be “well suited for SBUX turnaround," the analysts said, given similar challenges Niccol faced at Chipotle. Starbucks (SBUX) on Tuesday withdrew its outlook for 2025, sending shares sharply lower before paring back most losses in intraday trading Wednesday. Bank of America ...