Chinese electric-vehicle maker Nio Inc. late Thursday reported quarterly sales slightly above Wall Street expectations, vowing to make 2022 a year of “reacceleration” for its business and to sell its ...
Tag: Earnings
Joby Reports a Profit From No Sales. The Stock Is Soaring.
Text size Courtesy Joby Aviation Electric air taxi maker Joby Aviation managed to produce a profit in the fourth quarter even though it doesn’t have any sales just yet. Shares were rising sharply Frid...
U.S. plant-based food market value reaches a high of $7.4 billion, but industry faces rough path to further growth
The U.S. market value for plant-based food has reached an all-time high of $7.4 billion, but major players and upstarts alike are facing a rough path on the way to further growth. Data compiled by the...
Cramer’s Mad Money Recap 3/24: Intel, Marvell, Nvidia
How do you explain Thursday’s rotating bull market? Just ask the hedge funds, Jim Cramer told his Mad Money viewers Thursday. You don’t have to overthink it, Cramer continued, the hedge fu...
Cramer’s Mad Money Recap 3/23: Nvidia, Lucid, Holley
The history is very clear: At times like these, you need to stay the course, Jim Cramer told his Mad Money viewers Wednesday. As of Tuesday, the stock market had given back 50% of its gains since Nove...
Stocks making the biggest moves after hours: Honest Company and more
: The Honest Company founder and chief creative officer Jessica Alba and The Honest Company CEO Nick Vlahos ring the Nasdaq Stock Market opening bell to mark the company’s IPO at NASDAQ MarketSi...
Darden Restaurants Q3 earnings report: ‘did a pretty good job’
Darden Restaurants Inc (NYSE: DRI) on Thursday blamed omicron as it reported weaker-than-expected results for the fiscal third quarter. Shares are still up more than 2.0% despite a dovish guidance for...
NIO Q4 2021 earnings preview
Nio plans to begin deliveries of its ET7 electric sedan in 2022. Evelyn Cheng | CNBC Nio‘s sleek and powerful electric vehicles have captured the attention of investors – and rival automakers – ...
Darden Restaurants (DRI) Q3 2022 earnings miss estimates
An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | Getty Images Darden Restaurants on Thursday reported quarterly earnings and revenue that missed analysts’ expect...
KB Home, Spotify, Nikola and others
Check out the companies making headlines before the bell: Darden Restaurants (DRI) – The parent of Olive Garden and other restaurant chains reported quarterly earnings of $1.93 per share, missing the ...
Billionaire Guo Guangchang’s Fosun Takes Full Ownership Of Shanghai’s Bund Center As Earnings Jump
The Bund is a waterfront area in central Shanghai which runs along the western bank of the Huangpu … [+] River. Frédéric Soltan/Corbis via Getty Images Fosun International—controlled by billiona...
Nvidia’s $1 trillion ambitions draw cheers as software becomes a bigger piece of the pie
Nvidia Corp.’s pursuit of what it sees as a $1 trillion opportunity won praise from analysts following the company’s investor-day presentation, even though the chipmaker’s stock conveyed a more muted ...
General Mills, Winnebago, GameStop and others
Check out the companies making headlines before the bell: General Mills (GIS) – General Mills gained 1.6% in the premarket after reporting better-than-expected quarterly earnings and raising its full-...
China’s Tencent exploring a financial holding company for WeChat Pay
An image of WeChat Pay in action. Zhang Peng | LightRocket | Getty Images Chinese tech giant Tencent is exploring whether regulators will require it to create a financial holding company to house is f...
Beyond Meat, PepsiCo meatless jerky launches
PLANeT Partnership’s new meatless jerky alternative Source: Beyond Meat Beyond Meat and PepsiCo announced Wednesday they will launch meatless jerky as the first product under their PLANeT Partne...
Brazilian UFC star to receive fight earnings in BTC
Ultimate Fighting Championship fighter Matheus Nicolau is the latest world-famous athlete to opt to receive his fight earnings in the largest cryptocurrency, Bitcoin (BTC). The eighth-ranked UFC flywe...
Buzzfeed share price crawls back after earnings. Is it a good buy?
The Buzzfeed (NASDAQ: BZFD) stock price is crawling back after it crashed to an all-time low. It rose by over 6% on Tuesday and by 4.3% in extended hours after it published its quarterly results. The ...
Elon Musk Hails ‘Great Day’ As Tesla Delivers Maiden Berlin-Made EV
Updated at 11:27 am EST Tesla (TSLA) – Get Tesla Inc Report shares extended their longest winning streak since last November Tuesday as the carmaker delivered the first-ever Model Y sedan made ...
BuzzFeed investors have pushed CEO Jonah Peretti to shut down newsroom
BuzzFeed founder and CEO Jonah Peretti Manuel Blondeau | AOP.Press/Corbis | Getty Images BuzzFeed is shrinking its money-losing news organization, the company announced Tuesday, amid what people famil...
Nike recovers in China, potential good omen for retailers
An employee works next to shoes on display inside the flagship store of sporting-goods giant Nike in Shanghai on March 16, 2017. Johannes Eisele | AFP | Getty Images Glimmers of hope for Nike in China...
Nike, Okta, Alibaba and more
Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike reported quarterly profit of 87 cents per share, 16 cents a share above estimates. Revenue beat estimates as well, helped ...
Biotech Stocks: Horizon Therapeutics Nears New Buy Point After Positive Earnings; Is It Worth Considering?
Biotech stocks to watch this week and worth considering for your portfolio include Horizon Therapeutics (HZNP). This large-cap growth stock is closing in on a potential breakout and serves as Monday&#...
Analyst: buy quality growth stocks to fight decline in earnings growth
Higher inflation is generally seen as a negative for earnings growth, but a Piper Sandler analyst says high-quality growth stocks are the smart picks for such an environment. How are quality growth st...
Nike (NKE) reports fiscal Q3 2022 earnings
A man walks in front of a Nike products exhibit, on February 22, 2021 in New York City. John Smith | Corbis News | Getty Images Nike on Monday reported earnings and sales for the fiscal third quarter ...
Pinduoduo stock rises after mixed earnings report
Shares of Pinduoduo were up nearly 5% in premarket trading Monday after the company, which connects consumers and agricultural producers in China, reported a mixed fourth quarter. The company generate...
Nike (NKE) about to report Q3 2022 earnings: Here’s what to expect
Shoes line the shelves at the Nike store on December 21, 2021 in Miami Beach, Florida. Joe Raedle | Getty Images Nike‘s post-earnings comments Monday could be a harbinger of how the retail indus...
Weekend reads: the slowing housing market and inverted yield curve signal a coming recession
It is human nature to fear missing out as prices skyrocket, But all bubbles burst eventually. Ian Shepherdson of Pantheon Macroeconomics predicts a 25% decline in U.S. home sales. What will that do to...