Take a look at some of the biggest movers in the premarket: Peloton (PTON) – Peloton CEO John Foley will be stepping down. The fitness equipment maker will also slash about 2,800 jobs or about 20% of ...
Tag: Earnings
Cathie Wood Dumps $142 Million of Twitter Stock Before Earnings
(Bloomberg) — Cathie Wood stepped up selling of social media platform Twitter Inc. shares days before its earnings. Most Read from Bloomberg Wood’s firm ARK Investment Management LLC sold nearly...
Earnings and CEO resignation in focus
The Peloton (NASDAQ: PTON) stock price declined by more than 4% in the premarket session as investors reacted to news that its CEO was stepping down. The stock is trading at $28, which is lower than i...
3 ‘Strong Buy’ Stocks That Are Set to Beat Earnings This Week
We’re well into earnings season, and so far, investors should be gratified by the results. Cumulatively, some 56% of the S&P 500 companies have reported so far; of those, 79% have beaten earnings ...
Spirit Airlines, Peloton, Energizer and more
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit surged 11.4% in the premarket after announcing it would buy competitor Frontier Airlines in a stock swap dea...
BP share price forecast ahead of quarterly earnings
The BP (LON: BP) share price declined on Monday as investors waited for the upcoming quarterly results. The stock declined by 1.70%, becoming the third-worst stock in the FTSE 100 index after Evraz an...
Amgen price outlook ahead of FQ4 earnings
Amgen (NASDAQ: AMGN) will announce fourth-quarter earnings results this Monday, February 07, after the market closes. Amgen shares have weakened slightly above 1% since the beginning of the 2022 year,...
Nearly two years into the pandemic, Uber and Lyft still looking for a consistent lane
Nearly two years into the COVID-19 pandemic, the ride-hailing industry is still seeking stability. Uber Technologies Inc. UBER, +7.27% and Lyft Inc. LYFT, +3.63% are scheduled to release fourth-quarte...
Is PayPal stock a buy after fourth-quarter earnings?
PayPal Holdings, Inc. (NASDAQ:PYPL) is the world’s most popular digital money transfer platform. In today’s stock market, the fast-growing company remains one of the most well-known equities. But, giv...
Royal Caribbean may finally be confident enough to provide long-term financial guidance
Royal Caribbean Group looks poised to report the first billion-dollar quarter since the pandemic, and may finally be confident enough about the post-pandemic outlook to provide long-term financial tar...
This way of picking value stocks has actually worked — and Berkshire Hathaway screens the best
Amazon.com’s earnings surprise is the story of the day, pushing even the jobs report into second billing. More on that in a second. But the broader story of the markets is unchanged. Interest rates ar...
Snap stock soars 42% after smashing quarterly earnings
Snap’s (SNAP) stock opened more than 40% higher on Friday after the parent company of Snapchat reported its first net profit for the quarter. Snap also surpassed analyst estimates on revenue, ea...
Amazon, Snap, Ford and more
Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drugmaker reported adjusted quarterly earnings of $23.72 per share, beating the $18.35 consensus estima...
Ford Stock Falls After Earnings. What Wall Street Thinks.
Text size Ford’s Maverick in hybrid form, with 37 mpg combined. Ford photo Ford’s fourth-quarter earnings, reported Thursday evening, came in a little light and financial guidance for 2022 didn’...
Activision Blizzard misses on Q4 earnings as ‘Call of Duty’ bookings fall
The entrance to the Activision Blizzard Inc. campus is shown in Irvine, California, U.S., August 6, 2019. REUTERS/Mike Blake Activision Blizzard (ATVI) reported its Q4 2021 earnings after the bell on ...
Siemens Gamesa sees revenue drop, lowers guidance
A Siemens Gamesa blade factory on the banks of the River Humber in Hull, England on October 11, 2021. PAUL ELLIS | AFP | Getty Images Siemens Gamesa Renewable Energy has cut its guidance for the comin...
Amazon holiday earnings blow away expectations (thanks to Rivian), stock spikes
Amazon.com Inc. executives thought that supply-chain and staffing concerns could wipe away their holiday profit. They were wrong. Amazon AMZN, -7.81% reported fourth-quarter profit of $14.3 billion, o...
Snap earnings spark stock rally that’s so big, it’s making people nervous
A stock moving more than 50% higher in a single session is normally cause for celebration on Wall Street, but Snap Inc.’s big rally Friday was met with skittishness. Shares of the Snapchat parent comp...