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Shares of Peloton surge 9% as it edges toward profitability, posts better than expected
Peloton told investors Thursday it still has a "steep hill to climb" to achieve profitable growth under its new CEO and won't be ready to focus on boosting sales until it fixes its balance sheet.The bike maker posted mixed fiscal…
Shipping giant Maersk’s shares jump 9% on profit beat despite trade uncertainty
Maersk stock jumped 9% after the shipping giant posted better-than-expected fourth-quarter results on Thursday, putting shares on course for their best daily performance since 2020.Shares were up more than 10% earlier in the…
MicroStrategy unveils new name, reports accelerated bitcoin purchases in fourth quarter
Strategy, the largest corporate holder of bitcoin, said it's almost halfway to its ambitious capital raising goal as it went on a buying spree throughout the postelection rally.The company formerly known as MicroStrategy said since the…
Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
The Ford exhibit area is shown at the 2025 Detroit Auto Show at Huntington Place in Detroit, Michigan, on Jan. 10, 2025.Bill Pugliano | Getty ImagesDETROIT — Ford Motor is set to report its fourth-quarter earnings after the bell…
Novo Nordisk shares gain 4.5% on fourth-quarter profit beat, Wegovy sales jump
Medical bottles and syringe are seen with Novo Nordisk logo displayed on a screen in the background.Nurphoto | Nurphoto | Getty ImagesShares of Novo Nordisk rose 4.5% on Wednesday after reporting better-than-expected net profit in the…
Snap shares soar on better-than-expected profit and revenue
Snap shares jumped in extended trading Tuesday after the company reported better-than-expected fourth-quarter results.Here is how the company did compared with Wall Street's expectations:Earnings per share: 16 cents adjusted vs. 14 cents…
Fox reveals plans to launch subscription streaming service this year
FILE PHOTO: A Fox News channel sign is seen on a television vehicle outside the News Corporation building in New York City, in New York.Shannon Stapleton | ReutersFox Corp. is finally getting into the direct-to-consumer streaming…
Palantir shares rocket 22% after company posts strong earnings and outlook
Alex Karp, CEO of Palantir Technologies Inc., during a Bloomberg Technology television interview during the FoundryCon event in Palo Alto, California, on on March 7, 2024.David Paul Morris | Bloomberg | Getty ImagesPalantir shares surged…
Samsung flags chip slowdown as profit drops sharply from previous quarter
Photo illustration showing the Samsung Group company logo displayed on a smartphone screen.Sopa Images | Lightrocket | Getty ImagesSamsung Electronics on Friday reported that its operating profit dropped sharply from the previous three…
Alphabet-backed fintech GoCardless halves losses, targets first annual profit in 2026
Hiroki Takeuchi, co-founder and CEO of GoCardless.Zed Jameson | Bloomberg | Getty ImagesFinancial technology unicorn GoCardless more than halved losses in 2024 and said it's aiming to reach full-year profitability by 2026.The…