Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Wayfair shares tumbled more than 20% Thursday morning after the online furniture retailer reported larger-than-expected losses in the first quarter as sh...
Tag: Earnings
Dull earnings pull Shopify stock down 14% premarket; What’s next for SHOP?
Shopify (NYSE: SHOP) plunged in pre-market trading by 14% on Thursday, May 5 after it delivered earnings and missed Q1 estimates. Revenue was up 21% during the quarter and gross merchandise value ros...
Twitter, SeaWorld, Shopify and more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter rose 1.5% in premarket action after Elon Musk detailed $7.2 billion in financing commitments for his deal to buy the ...
Airbus posts profit, plans new jet assembly line in Alabama
Airbus said Wednesday that its profit in the first three months of 2022 more than tripled to 1.22 billion euros ($1.28 billion), helped by an increase in aircraft deliveries as airlines recover from t...
Realty Income beats earnings and raises dividend for 98th consecutive quarter
Realty Income (NYSE: O) announced its earnings for Q1 on May 4, beating estimates and reaffirming its earnings guidance for 2022. The reaffirmed funds from operations (FFO) were at $3.88-$4.05 versus ...
Lucid to announce earnings at market close on May 5
Lucid (NASDAQ: LCID) is scheduled to announce earnings for Q1 on Thursday, May 5 after market close. The consensus earnings per share (EPS) is -$0.29 while the consensus revenue estimate is $55.56 mil...
CoinShares reports drop in earnings amid crypto market slump
European digital asset manager CoinShares reported declining first-quarter profit as trading revenue sank. Adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) fell to £18....
Oil Stocks: BP Pops On Q1 Report Q1, With Shell, ConocoPhillips Earnings On Tap Amid High Oil Prices
BP (BP) reported mixed Q1 results early Tuesday, logging a massive profit for the quarter amid an even larger write down on assets in Russia. Shell (SHEL) and ConocoPhillips (COP) are on tap early Thu...
From Estee Lauder to Apple, China’s Covid restrictions take their toll
Factories in China affected by Covid lockdowns can conditionally resume work, by housing workers on-site. Pictured here is an auto parts manufacturer in Suzhou that has had 478 employees on site since...
Twilio’s stock reacts wildly after company issues cautious revenue guidance
Twilio Inc.’s stock wildly fluctuated in frenzied trading Wednesday after the company issued cautious revenue guidance on better-than-expected results. Shares of Twilio TWLO, +5.50% initially plunged ...
Is Nvidia Stock a Buy Ahead of Earnings? Morgan Stanley Weighs In
In just a little over three weeks, Nvidia (NVDA) is due to report its Q1 2022 earnings. Perhaps in preparation for that big event, investment bank Morgan Stanley announced it is resuming coverage of t...
Fed lifts interest rates and will wind down $9 trillion bond stockpile in double-pronged attack on high U.S. inflation
“Inflation is much too high and we understand the hardship it is causing,” said Fed Chairman Jerome Powell in what he called a direct message to the American public. “We are moving expeditiously to br...
Lucid, Nikola, Fisker report as Wall Street eyes production
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capi...
Uber, Brinker, Generac and more
Check out the companies making headlines before the bell: Uber (UBER) – Uber fell 1% in premarket trading after it reported a quarterly loss and revenue that beat estimates. Uber saw ride volumes incr...
Yum Brands (YUM) Q1 2022 earnings
Vehicles wait in line at the drive through lane of a Yum! Brands Inc. Kentucky Fried Chicken (KFC) and Taco Bell restaurant in Lockport, Illinois, U.S. Daniel Acker | Bloomberg | Getty Images Yum Bran...
Covid Moderna (MRNA) Q1 earnings 2022
The Moderna Covid-19 vaccine awaits administration at a vaccination clinic in Los Angeles, California on December 15, 2021. Frederic J. Brown | AFP | Getty Images Moderna sold $5.9 billion of its Covi...
CVS Health (CVS) Q1 2022 earnings
A CVS Pharmacy store is seen in the Manhattan borough of New York City, New York. Shannon Stapleton | Reuters CVS Health on Wednesday outpaced Wall Street’s expectations for first-quarter earnin...
Shipping Stocks: Matson Earnings Beat Amid Pacific Challenges
Matson (MATX), an ocean-shipping company focused on the Pacific, reported first-quarter earnings on Tuesday that beat expectations, boosted by demand for its China shipping services and an ongoing sup...
AMD Earnings Beat Expectations. The Stock is Rising.
Text size AMD stock has been under pressure this year, largely because of a weakening demand for PCs. Dreamstime Advanced Micro Devices’ high-end server-chip business is thriving and taking share from...
Cardlytics rallies after earnings growth but volatility and risk remain
Cardlytics (NASDAQ: CDLX) was up 6% in premarket trading on Tuesday, May 3 after the company reported an estimate beat in the first-quarter earnings results. The shares were trading strong throughout ...
Pfizer revenue growth soars 77% as PFE beats earnings estimates by almost $1 billion
On May 3, Pfizer (NYSE: PFE) posted a blowout quarter, with revenue growth of 77% year-on-year (YoY) and earnings per share (EPS) growth of 70.53%. Further, the company reaffirmed its full-year 2022 f...
Lithium Stocks; Livent Gains On Earnings, Outlook; Albemarle On Deck
Livent (LTHM) kicked off the earnings reporting season for lithium stocks after Tuesday’s close by zooming past expectations and massively raising full-year guidance. LTHM stock surged in after-...
Plug Power CEO total 2021 compensation nearly quadruples to more than $52 million
Plug Power Inc.’s long-time Chief Executive Andrew Marsh recorded total compensation of more than $52 million in 2021, a year after the fuel-cell systems company’s losses widened sevenfold but the sto...
Paramount’s Streaming Losses Mount as Subscriber Count Grows
Text size Paramount+ accounts for the bulk of the company’s streaming subscribers. Dreamstime The streaming-stock bloodbath continues: Paramount Global (ticker: PARA) is the latest company in th...
Stocks making the biggest moves after hours: Lyft, Airbnb and more
Check out the companies making headlines after the bell: Lyft — The ridesharing stock plummeted 23% in extended trading despite reporting a beat on revenue and an unexpected profit in the recent quar...
Opinion: AMD will finally give investors its data-center data as business soars
Advanced Micro Devices Inc.’s data-center business will finally get its own spotlight. After reporting record sales Tuesday and predicting another record this quarter, AMD AMD, +6.25% Chief Financial ...