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Axios
Axios
US · 1 hrs ago
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Corporate America shrugging off economic uncertainty as earnings deliver
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Corporate America shrugging off economic uncertainty as earnings deliver
Corporate America is delivering the goods this earnings season, dampening fears about the economy, even as rising energy prices threaten to undermine the momentum. Why it matters: Economic uncertainty tied to the Iran war — alongside stubborn inflation and souring consumer sentiment — don't seem to have derailed earnings in Q1. Zoom in: Wednesday's winners included: Uber: After reporting a 25% rise in bookings, CEO Dara Khosrowshahi told CNBC: "The consumers are spending, they're spending loc
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