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Communication
Reddit shares slump 6% on daily active user miss
Steve Huffman, co-founder and CEO of Reddit, speaks during WSJ Tech Live conference hosted by the Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on October 21, 2024. Frederic J. Brown | Afp | Getty…
AppLovin soars almost 30% on earnings, guidance beat
Adam Foroughi, CEO of AppLovin.CNBCAppLovin shares soared almost 30% in extended trading on Wednesday after the company reported earnings and revenue that sailed past analysts' estimates and issued better-than-expected guidance.Here's…
Lyft shares sink 6% on underwhelming fourth-quarter results
Lyft shares shed about 6% after the ride-sharing app reported lackluster fourth-quarter results and offered weak bookings guidance as it lowers prices to keep up with competition.The company reported revenue of $1.55 billion, versus the…
CVS results top estimates even as high medical costs drag down insurance unit
An exterior view of a CVS pharmacy in Danville, Pennsylvania. Paul Weaver | Lightrocket | Getty ImagesCVS Health on Wednesday reported fourth-quarter revenue and profit that topped estimates, even as its troubled insurance business…
Super Micro ‘confident’ it will meet SEC deadline and reach $40 billion next fiscal year
Super Micro Computer CEO Charles Liang at the Computex conference in Taipei, Taiwan, on June 5, 2024.Annabelle Chih | Bloomberg | Getty ImagesSuper Micro Computer gave optimistic commentary for its fiscal 2026 and delayed annual report…
Coca-Cola says it will sell more soda in plastic bottles if aluminum tariffs take effect
Coca-Cola bottles are seen at a shop in Srinagar, Jammu and Kashmir, on Jan. 28, 2025.Firdous Nazir | Nurphoto | Getty ImagesCoca-Cola will shift more of its packaging from aluminum to plastic bottles if President Donald Trump implements…
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…