Browsing Category
Communication
British oil major BP reports sharp drop in fourth-quarter profit, vows strategy reset
The BP logo is displayed outside a petrol station near Warminster in Wiltshire, England, on Aug. 15, 2022.Matt Cardy | Getty Images News | Getty ImagesBritish oil major BP on Tuesday posted a sharp drop in fourth-quarter profit on weaker…
Amazon’s quarterly beats took a back seat to a couple dings we’re not going to sweat
Amazon shares fell roughly 4% on Thursday evening despite the e-commerce and cloud giant reporting a stronger-than-expected fourth quarter after the closing bell. The market participants during extended trading took issue with a…
U.S. tariffs and interest rate uncertainties make 2025 a “choppy year”: DBS CEO Piyush
Piyush Gupta, chief executive officer of DBS Group Holdings Ltd., during a news conference in Singapore, on Monday, Feb. 10, 2025. DBS shares jumped after the lender reported earnings that met expectations and unveiled a investor payout…
McDonald’s is about to report earnings. Here’s what to expect
A McDonald’s restaurant in Omaha, Nebraska, on Oct. 23, 2024.Mario Tama | Getty ImagesMcDonald's is set to report its fourth-quarter earnings before the bell on Monday.Here is what Wall Street analysts surveyed by LSEG are expecting the…
Amazon issues disappointing revenue forecast, points to weakest growth on record
Amazon reported better-than-expected earnings and revenue for the fourth quarter, but it gave disappointing guidance for the current period. The stock slipped more than 5% in extended trading.Here's what the company reported compared…
Affirm shares pop more than 15% on revenue beat
Affirm shares jumped more than 15% in extended trading on Thursday after the provider of buy now, pay later loans reported better-than-expected fiscal second-quarter results.Here's how the company did, compared to analysts' consensus…
Doximity shares soar 25% after company beats on revenue, raises fiscal-year guidance
Doximity at the New York Stock Exchange for its initial public offering on June 24, 2021.Source: NYSEShares of Doximity popped 25% in extended trading on Thursday after the company reported third-quarter fiscal 2025 results that beat…
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Megacap technology companies funneled billions of dollars into artificial intelligence last year to try and keep up with unfettered demand. The hype isn't dying down in 2025.Meta, Amazon, Alphabet and Microsoft intend to spend as much as…
Affirm shares soar 22% on revenue beat, surprise profit during holiday period
Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho.Drew Angerer | Getty…
Beauty stocks post major losses after a week of worrying results
An Estee Lauder counter is seen on the floor of a department store in Brooklyn on Feb. 5, 2025 in New York City.Spencer Platt | Getty ImagesSeveral beauty stocks posted major losses this week, as companies such as E.l.f. Beauty and Estee…