The SolarEdge logo is seen on a smartphone and a PC screen. Pavlo Gonchar | SOPA Images | Sipa USA via AP Images Shares of SolarEdge tumbled over 20% in extending trading Wednesday after the solar product manufacturer reported soft guidance for its fourth quarter amid demand struggles in the renewable energy sector. Here’s how…
Brian Chesky, co-founder and CEO of Airbnb, speaks during an interview with CNBC on the floor of the New York Stock Exchange, May 10, 2023. Brendan McDermid | Reuters Airbnb shares slipped about 3% in after-hours trading Wednesday after the company reported stronger-than-expected revenue, buoyed by currency tailwinds, but provided weaker-than-expected guidance for the upcoming…
An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Shares of Etsy fell more than 4% in extended trading Wednesday after the company released third-quarter results that missed analysts’ estimates for revenue, and forecast a decline in gross merchandise sales, or…
Cristiano Amon, president and CEO of Qualcomm Incorporated, speaks during an interview with CNBC on the floor of the New York Stock Exchange (NYSE) in New York, April 28, 2022. Brendan McDermid | Reuters Qualcomm reported fourth-quarter earnings on Wednesday that beat expectations for sales and earnings, despite big year-over-year declines and gave a strong…
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…
