Shares of Teladoc Health Inc. were slammed in after-hours trading Wednesday, after the telemedicine company took an impairment charge of more than $6.5 billion and slashed its full-year outlook. Telad...
Tag: Financial Performance
Spotify stock sinks to lowest prices ever as CEO insists it is not like Netflix
Spotify Technology SA shares dove to their lowest prices on record Wednesday as subscriber gains continue to slow faster than analysts expected, but the streaming-music service’s chief executive insis...
CEO reportedly laments red ink incurred from Air Force One deal as Boeing posts $1.2 billion first-quarter loss
Boeing said Wednesday that it lost $1.2 billion in the first quarter as it took large write-downs and lost money in both its civilian-airplane and defense businesses. The loss was bigger than Wall Str...
Robinhood shares are now 75% below last July’s IPO price after job cuts announcement, but analysts are unfazed
Shares of Robinhood Markets Inc. sank to a fresh low on Wednesday, after the online-trading platform said it’s cutting 9% of its workforce after a rapid expansion that started in 2020 when stay-at-hom...
Microsoft beats on earnings after raising prices for Office; stock jumps after strong forecast
Microsoft Corp. eclipsed profit and sales estimates and produced stronger-than-expected revenue across all of its business segments in an earnings report Tuesday, and shares jumped after executives’ f...
When Will Coinbase Stock Hit Bottom? JPMorgan Sees Bigger Losses Ahead
Text size Some analysts are getting more bearish on Coinbase stock. Tiffany Hagler-Geard/Bloomberg When will Coinbase stock finally hit bottom? Investors in the crypto exchange have been riding a slid...
PayPal has been cut in half by Wall Street, but ‘uncertainty’ still looms as earnings approach
After losing more than half its value so far this year, PayPal Holdings Inc. still faces ‘uncertainty’ from Wall Street. PayPal PYPL, +2.03% was an investor darling in the early days of the COVID-19 c...
Why semiconductor stocks are ‘almost uninvestable’ despite record earnings amid a global shortage
The PHLX Semiconductor Index SOX, +1.76%, which hit a record high of 4,039.51 on Dec. 27, fell 13% over the first quarter of 2022, and as of Monday, is down about 24% year to date, putting it firmly i...
Activision Blizzard’s Earnings Miss. Investors Care More About Microsoft Merger.
Text size Microsoft announced plans to purchase Activision Blizzard for about $69 billion, or $95 a share, in January. Patrick T. Fallon/Bloomberg Activision Blizzard stock was dipping on Monday after...
Yes, You Can Get Dividend Yields Around 5%. Here’s How.
If a stock’s yield is around 5%, it could foreshadow a dividend cut or worse. A yield that high, however, doesn’t have to spell doom. Several investors Barron’s spoke to say they can find good opportu...
Netflix and Disney Stocks Hit a Rough Patch. Don’t Count on a Quick Bounceback.
Netflix hasn’t done much wrong, despite a 35% plunge on quarterly results this past week, and a 22% one back in January. The company has convinced 222 million customers worldwide to hand it an average...
Opinion: Google’s earnings should be a warning to investors in Facebook and other online-ad companies
Google’s earnings shortfall is an indication of trouble across the online-advertising industry, and should scare investors in Facebook and other competitors. Google parent company Alphabet Inc. GOOGL,...