Dividends

Peter Thiel, co-founder and chairman of Palantir Technologies Inc., pauses during a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019.Kiyoshi Ota | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading Monday.Palantir – Shares of the software company dropped more than 18% after Palantir's first-quarter earnings came in below expectations. The company reported 2 cents of adjusted earnings per share on $446 million of revenue. Analysts surveyed by Refinitiv expected 4 cents of earnings…

DETROIT – Amid rising costs and supply chain instability, General Motors reaffirmed its earnings expectations for 2022 despite reporting a lower net profit and margin compared with a year ago.CEO Mary Barra and CFO Paul Jacobson described the first-quarter results as "solid" and a testament to actions the company has taken in recent years to lower operational costs, while navigating difficult circumstances.GM reaffirmed its pretax adjusted earnings forecast of between $13 billion and $15 billion for the year, while…

DETROIT – Ford Motor posted first-quarter results Wednesday that were in line with Wall Street's expectations, though its net profit was dragged down by a stake in electric vehicle maker Rivian Automotive and reduced vehicle production.Ford reported an unadjusted net loss of $3.1 billion, including a loss of $5.4 billion on the company's 12% stake in Rivian. That's compared with a net profit of $3.3 billion during the same period a year ago.Rivian stock shed about 52% of its market cap during the first quarter, bringing…