Here's a roundup of quarterly earnings reports from Starbucks, Ford and Qualcomm

Here's the Club's condensed earnings reaction for Starbucks, Ford Motor and Qualcomm. Starbucks Quarterly commentary Starbucks issued fiscal 2023 first-quarter results that missed Wall Street's expectations Thursday, weighed down by disappointing same-store sales in China, which were down 29% in the quarter. The stock lost roughly 1.5% in after hours trading.

The American Coffeehouse company, Starbucks logo is displayed outside one of its stores on November 23, 2022 in Rugeley, England.

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Qualcomm stock rises following slight earnings beatQualcomm Inc. shares rose in the extended session Thursday after the chip maker beat Wall Street expectations slightly on earnings.
Source: MarketWatch - 🏆 3. / 97 Read more »

Qualcomm sees earnings below Street as smartphone market sagsQualcomm Inc forecast second-quarter revenue and profit below Wall Street estimates on Thursday as the company grapples with the combined toll of weak demand for smartphones and a supply glut. Here's a little secret for you: businesses are likely to experience losses during the Biden administration, and it doesn't take a reporter or economist to see that.
Source: Reuters - 🏆 2. / 97 Read more »