Forrest Li, cofounder and chairman of Sea Ltd. Wei Leng Tay/Bloomberg The three cofounders of Sea Ltd. saw their collective net worth tumble $1.9 billion on Tuesday after the Southeast Asian internet ...
Tag: Earnings
CRM Stock Climbs As Earnings, Revenue Top Estimates
Salesforce stock climbed Tuesday after January-quarter earnings fell from a year earlier but topped views, while revenue beat analyst estimates. The enterprise software maker’s revenue guidance ...
Nordstrom (JWN) reports Q4 2021 earnings beat
Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images Nordstrom on Tuesday reported better-than-expected profits and sales for the holid...
Target Gaps Higher On A Positive Reaction To Quarterly Earnings
(Photo by Scott Olson) Getty Images Target TGT beat earnings expectations before the opening bell on Tuesday, March 1. Shares gapped higher as the pandemic resulted in an increase in customers. Fourth...
Baidu Stock Jumps Even as Earnings Miss Estimates. Here’s What to Like.
Text size Like its peers in the Chinese tech sector, Baidu faces macroeconomic headwinds. Liu Jin/AFP via Getty Images A growing cloud computing and artificial intelligence business at Baidu helped th...
Dow falls nearly 600 points as Russia says it will begin attacks on Kyiv
U.S. stocks traded lower near midday Tuesday as Russia stepped up attacks on Ukraine and warned it would begin “high-precision” strikes on the capital, Kyiv, as its invasion enters a sixth day. What’s...
Target, Kroger, Foot Locker and more
A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Target – ...
Workhorse swings to quarterly loss on recalls, outlines new product plan
Workhorse C-Series Courtesy: Workhorse Struggling electric vehicle start-up Workhorse Group expects to build roughly 250 vehicles in 2022 after completing a product-roadmap overhaul, the company said ...
SE Stock Down On Quarterly Earnings Miss| Investor’s Business Daily
Sea Limited (SE) reported fourth-quarter results early Tuesday that missed earnings estimates but beat on revenue. SE stock fell. The company reported an adjusted loss of 88 cents a share on revenue o...
Domino’s Pizza (DPZ) Q4 2021 earnings miss, CEO Ritch Allison to retire
An employee carries an order for a customer at a Domino’s Pizza restaurant in Detroit. Sean Proctor | Bloomberg | Getty Images Domino’s Pizza on Tuesday announced a C-suite shake-up and qu...
Kohl’s (KSS) reports Q4 2021 earnings
The Kohl’s logo is displayed on the exterior of a Kohl’s store on January 24, 2022 in San Rafael, California. Justin Sullivan | Getty Images Kohl’s on Tuesday reported fiscal fourth-...
Block shares show sustained recovery following last week’s earnings report
advertisement Shares in Block, the payments company previously known as Square, have climbed more than 30% since it reported earnings last week as Wall Street investors bet the worst may be behind the...
Target (TGT) Q4 2021 earnings
Target on Tuesday said sales rose 9% in the fiscal fourth quarter, as it weathered supply chain challenges over the holidays and built on e-commerce and customer gains during the pandemic. The discoun...
Baidu Stock Jumps Even as Earnings Miss Estimates. There Are Big Things to Like.
Text size Like its peers in the Chinese tech sector, Baidu faces macroeconomic headwinds. Liu Jin/AFP via Getty Images A growing cloud computing and artificial intelligence business at Baidu helped th...
PepsiCo Stock Drops Because Russia Is a Key Market
Text size PepsiCo leads Coca-Cola in Russia. Scott Olson/Getty Images PepsiCo stock took a hit Monday on apparent investor concerns about its exposure to Russia, its second-largest international marke...
Lucid slashes 2022 vehicle production forecast
Lucid Air Courtesy: Lucid Motors Lucid Group is cutting its car production forecast for this year by as much as 40%, sending shares of the electric vehicle start-up tumbling 14% during after hours tra...
Zoom Video, Workday, Lucid Group and more
Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York ...
Novavax’s Revenue Falls Short. Management Expects a Surge.
Text size A doctor handles a vial holding a potential coronavirus vaccine at a Novavax lab in 2020. Andrew Caballero-Reynolds/AFP via Getty Images The Covid-19 vaccine maker Novavax expects sales of b...
BP, First Horizon, defense stocks and more
Take a look at some of the biggest movers in the premarket: Berkshire Hathaway (BRK.B) – Berkshire reported record annual profit in 2021, helped in large part by its investment in Apple (AAPL). Berksh...
Viatris Stock Hammered After Earnings, Asset Sale| Investor’s Business Daily
Viatris stock tumbled Monday after reporting mixed fourth-quarter earnings and a $3.34 billion plan to sell its biosimilars portfolio to Biocon Biologics. X The Biocon deal includes products expected ...
Lordstown Motors to produce 3,000 electric pickups through 2023
Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Embattled electric ...
Plug Power’s Outlook Remains Strong, Boosting the Stock Despite Mixed Earnings
Text size Plug Power said it is on track to achieve its goal of $3 billion in revenue in 2025. Dreamstime Shares of Plug Power were rising in late trading as investors expressed cautious optimism over...