Nike beat Wall Street's expectations for its key holiday quarter but sales were down 9% across the business, driven by weakness in China.During the quarter, sales fell 17% in the key region to $1.73 billion, falling short of expectations…
Kohl's posted an earnings and revenue beat for the fiscal fourth quarter on Tuesday, but its stock plunged as it issued much worse-than-expected guidance for the year ahead.Shares of the company dropped more than 20% in early trading on…
Tesla's sell-off on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020.On Friday, Tesla wrapped up a seventh straight week of losses, its longest…
The White House on Monday downplayed the weeks long stock market sell-off, insisting that recent moves by business leaders suggest a brighter outlook for the U.S. economy."We're seeing a strong divergence between animal spirits of the…
Abercrombie & Fitch's growth story is starting to slow down.Shares of the apparel retailer plummeted 15% on Wednesday after the company issued weaker-than-expected guidance for its current quarter and fiscal 2025, and said it expects…
Marco Bello | AFP | Getty ImagesBlock shares plunged 16% on Friday and headed for their steepest drop since 2020 after the company reported fourth-quarter earnings that missed estimates and issued guidance for 2025 that failed to…
Jaque Silva | Nurphoto | Getty ImagesShares of Fidelity National Information Services plunged the most since 2023 on Tuesday after the company reported quarterly earnings that fell short of Wall Street estimates and issued a…
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…
A sign is posted in front of the Electronic Arts headquarters in Redwood City, California, on March 30, 2023.Justin Sullivan | Getty ImagesShares of Electronic Arts headed for their steepest drop since 1999 after the video game publisher…
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