The Tinder logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Match Group, the parent company of dating apps Tinder and Hinge, is trading at its lowest price since it spun out into a separate company from IAC in July 2020. The stock closed down more than 15% to…
Aston Martin DBS Superleggera (c) Paul A. Eisenstein | TheDetroitBureau Shares of Aston Martin were down by 11% at 10:01 a.m. London time Wednesday morning, slightly paring losses incurred after the British luxury carmaker cut its volume target due to production problems for its new DB12 model and posted a bigger-than-expected quarterly loss. Company shares…
AMD Chair and CEO Lisa Su speaks at the AMD Keynote address during the Consumer Electronics Show (CES) on January 4, 2023 in Las Vegas, Nevada. Robyn Beck | AFP | Getty Images AMD reported third-quarter earnings on Tuesday that beat analyst expectations, though the chipmaker issued a weaker-than-expected forecast. Here’s how the company did…
Bud Light, made by Anheuser-Busch. Joe Raedle | Getty Images Anheuser-Busch InBev, the world’s biggest brewing firm, on Tuesday beat expectations for the third quarter, despite an ongoing drag from controversy surrounding its online Bud Light campaign. Revenue rose 5% over the period to $15.57 billion, ahead of a company-compiled forecast of 4.7%. That was despite…
The BP logo is displayed outside a petrol station near Warmister, on August 15, 2022 in Wiltshire, England. Matt Cardy | Getty Images News | Getty Images LONDON — Oil major BP on Tuesday reported a steep year-on-year fall in profits, missing analyst estimates. The British energy giant logged underlying replacement cost profit, used as a…
American skateboarding footwear company brand Vans store seen in Hong Kong. Budrul | LightRocket | Getty Images VF Corp withdrew its full-year revenue and profit forecasts on Monday, with demand for its higher-priced apparel and footwear easing as customers turn more cost conscious, especially in the United States. Shares were down 4% in extended trading…
A banner for the online image board Pinterest Inc. hangs from the New York Stock Exchange on the morning Pinterest made its initial public offering, April 18, 2019. Spencer Platt | Getty Images Pinterest reported third-quarter earnings on Monday that beat on the top and bottom lines. The stock jumped more than 11% in extended…
Mailsonpignata / 500Px | 500Px | Getty Images Shares of ON Semiconductor closed down more than 21% Monday after the company’s third-quarter report beat expectations but offered weak guidance for the rest of the year. ON Semiconductor said it expects to report fourth-quarter earnings between $1.13 and $1.27 per share, excluding certain items, which is…
A Chevron gas station on December 05, 2022 in Houston, Texas. Brandon Bell | Getty Images Chevron posted a third-quarter profit that missed Wall Street estimates by a wide margin, sending its share price down in premarket trading. Oil company earnings have slumped from record year-ago levels as crude prices eased and higher costs crimped…
Signage outside Intel headquarters in Santa Clara, California, on Monday, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Intel shares rose about 6% in after-hours trading after the company reported third-quarter earnings on Thursday that beat expectations for profit and sales, even as overall revenue declined. Here’s how Intel did versus LSEG…
