Sopa Images | Lightrocket | Getty Images Pinterest shares surged as much as 20% after the social media company reported fourth-quarter earnings Thursday that beat on revenue. Here’s how the company did, compared to analysts’ consensus estimates from LSEG: Revenue: $1.15 billion vs. $1.14 billion expected Fourth-quarter EBITDA: $470.9 million adjusted vs. $444.8 million expected…
Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon reported better-than-expected earnings and revenue for the fourth quarter, but it gave disappointing guidance for the current period. The stock slipped in extended trading. Here are the numbers: Earnings:…
The New York Stock Exchange welcomes e.l.f. Beauty on March 18, 2024, to celebrate its 20th anniversary of founding. The CEO of E.l.f. Beauty, which manufactures about 80% of its cosmetics in China, told CNBC on Thursday that it was “relieved” the new tariff on Chinese imports is only 10%. The retailer isn’t sure yet…
Roblox shares plunged 14% after the gaming platform fell short of Wall Street’s bookings and daily active user estimates. The stock was on pace for its worst day since May 2024. Roblox reported bookings of $1.36 billion for the fourth quarter, versus the $1.37 billion expected by analysts polled by LSEG. Daily active users came…
A liquid hydrogen tanker truck taking a fuel delivery at the Linde hydrogen plant in Leuna, Germany, on Tuesday, July 14, 2020. Rolf Schulten | Bloomberg | Getty Images Linde‘s earnings Thursday was a great example of why investors should always wait to hear from management before making any moves. Shares of the industrial gas…
Boxes of Opdivo from Bristol Myers are seen at the Huntsman Cancer Institute at the University of Utah in Salt Lake City, Utah, July 22, 2022. George Frey | Reuters Bristol Myers Squibb on Thursday reported better-than-expected quarterly results, but weak guidance for 2025 sent shares lower. Jim Cramer’s faith in the drugmaker is unshaken.…
Avishek Das | Lightrocket | Getty Images Roblox forecast annual bookings below market estimates on Thursday, sparking fears growth at the videogame platform was slowing after years of breakneck progress, sending its shares down 26% in premarket trading. The company said it expects bookings for 2025 to be between $5.20 billion and $5.30 billion, the…
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Entertainment | Getty Images Amazon long ago passed Walmart in terms of market cap, but the e-commerce…
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 session. Earnings before interest, depreciation, taxes and amortization (EBITDA) rose 26% to $12.13 billion in the full-year stretch and came in…
MOSCOW, Russia – March 31, 2022: Bottled Carlsberg beer seen on a supermarket shelf. Russia on Monday seized control of the Russian subsidiaries of Danone and Carlsberg, both of which are in the process of selling their Russian operations. The Danish brewer is still represented in Russia by the brands Carlsberg, Kronenbourg, Holsten and Tuborg.…
