Browsing Category
Communication
HSBC announces share buyback of up to $2 billion as annual profit jumps 6.5%
A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico June 14, 2024. Henry Romero | ReutersEurope's largest lender HSBC on Wednesday announced a share buyback of up to $2 billion as its annual pre-tax profit…
Robinhood posts record profit as post-election trading frenzy lifts volumes
Avishek Das | SOPA Images | Lightrocket | Getty ImagesTrading platform Robinhood reported a surge in fourth-quarter profit on Wednesday, fueled by frenetic activity in equity and crypto markets following Donald Trump's presidential…
Cisco pops on increased full-year revenue forecast
Cisco CEO Chuck Robbins speaking on CNBC's "Squawk Box" outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025.Gerry Miller | CNBCCisco shares climbed about 6% in extended trading on Wednesday after the networking…
Reddit shares plunge after Google algorithm change contributes to miss in user numbers
Steve Huffman, co-founder and CEO of Reddit, speaks during the WSJ Tech Live conference hosted by The Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on Oct. 21, 2024.Frederic J. Brown | Afp | Getty…
Barclays shares sink despite fourth-quarter profit hike as 2025 guidance fails to impress
Chris Ratcliffe | Bloomberg | Getty ImagesShares of British bank Barclays sank in early Thursday trade, after the lender's forward guidance failed to impress despite its full-year pre-tax profit beat.Pretax profit rose by 24% to £8.108…
Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
Germany's second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.The job cuts will be accompanied by…
GE Healthcare soars 9% on earnings beat, wise guidance. Here’s our new price target
Things continue to look up for GE Healthcare stock this year. Shares of the medical technology company jumped roughly 9% on Thursday after delivering solid fourth-quarter results and providing prudent 2025 guidance. While the Club stock…
AppLovin’s postearnings pop pushes yearly gain to more than 900%, and Wall Street is
Piotr Swat | Lightrocket | Getty ImagesShares of AppLovin closed more than 20% higher Thursday after the company reported a fourth-quarter earnings beat, causing many analysts to lift their price targets as the stock crossed the $500…
Airbnb shares pop 15% on better-than-expected earnings and revenue
Thomas Fuller | Lightrocket | Getty ImagesAirbnb shares jumped 15% in extended trading on Thursday after the company reported fourth-quarter earnings and revenue that beat analysts' estimates.Here's how the company did compared with what…
Sony shares surge over 10% after it forecasts stronger revenue and profit for fiscal year
Sony PlayStation game controllers are displayed at a Best Buy store on December 17, 2024 in San Rafael, California. Justin Sullivan | Getty ImagesShares in Sony Group surged as much as 10.7% Friday after the company raised its revenue…
