Text size Rivian Courtesy Rivian Investors in electric-truck start-up Rivian Automotive are having a tough week. Shares slid again Friday after Baird analyst George Gianarikas cut his price target for...
Tag: Financial Performance
Costco stock falls as retailer’s sales pace slows
Costco Wholesale Corp. late Thursday reported quarterly results and sales that topped Wall Street expectations, but the stock headed lower as same-store sales growth slowed. Costco COST, +0.96% said i...
DraftKings Wrapped Up Its Investor Day. These Are the Main Takeaways.
Text size Scott Eisen/Getty Images for DraftKings DraftKings is on its way to achieving a path to profitability as it works to increase gross margins and reduce spending on customer acquisition, the c...
Best Buy Stock: Earnings Reveal Tough Christmas Quarter. Company Raises Dividend.
Text size Best Buy is contending with short-term headwinds, but the electronics retailer is expecting business to pick up by fiscal 2025. Scott Olson/Getty Images Best Buy stock rose Thursday despite ...
Coupang falls short of expectations for holiday quarter, but gives upbeat earnings outlook
Coupang Inc. fell short of earnings and revenue expectations with its fourth-quarter results Wednesday, though the South Korean e-commerce company forecast a slimmer-than-anticipated loss for the full...
C3.ai increases full-year revenue outlook, but stock dips
Shares of C3.ai Inc. were headed lower in after-hours trading Wednesday, though the maker of artificial-intelligence software reported better-than-expected revenue and earnings results and raised its ...
Splunk stock shows volatility following surprise profit, new CEO
Splunk Inc. rallied at first in the extended session Wednesday but then shed those gains, dipping into negative territory, as the cloud-based enterprise software company reported a surprise profit, to...
Stagflation Is Coming. What You Need to Know.
There is no question that Russia’s invasion of Ukraine is going to push inflation higher, given the amount of energy and food commodities produced by the region and the responses by countries and comp...
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...
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...
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...
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...
Biogen Stock Has Fallen 50%. Why It’s Time to Buy.
Text size Biogen’s Alzheimer’s disease treatment was once expected to be a megablockbuster. Dominick Reuter/AFP via Getty Images Shares of the biotech firm Biogen are down 50% since June 1...