Day: August 6, 2025
Airbnb beats on top and bottom lines for second quarter
Airbnb reported second-quarter results on Wednesday that beat analysts’ expectations. Here’s how the company did based on average analysts’ estimates compiled by LSEG: Earnings per share: $1.03 vs. 93 cents expected Revenue: $3.10 billion vs. $3.04 billion expected Revenue increased 13% from $2.75 billion during the same period last year. The company reported net income of […]
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Asia markets set to open lower as investors weigh Trump’s vow on fresh chip tariffs
U.S. equity futures ticked up in early Asia hours Here are the opening calls for the day Good morning from Singapore. Investors will be keeping a close watch on chip stocks following U.S. President Donald Trump’s vow to impose 100% tariffs on imported semiconductors and chips, unless they are made by companies “building in the […]
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Stock futures tick higher as traders weigh Trump’s call for 100% tariff on chips: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 6, 2025. Jeenah Moon | Reuters Stock futures inched higher Wednesday night as traders mulled over President Donald Trump’s announcement of a new steep tariff on imports of semiconductors and chips. Futures tied to the Dow Jones […]
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Lyft misses quarterly revenue estimates on competition, weak US travel demand
An empty Lyft pickup area is shown as ride-share drivers hold a rally as part of a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights,” in Los Angeles on Aug. 20, 2020. Mike Blake | Reuters Lyft missed second-quarter revenue estimates on […]
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Firefly Aerospace prices shares at $45, above the expected range
The Blue Ghost Mission Operations Engineer, Jaxon Liebeck, showcases the Blue Ghost moon lander at Firefly Aerospace headquarters on Tuesday, Dec. 3, 2024 in Cedar Park. Houston Chronicle/hearst Newspapers | Hearst Newspapers | Getty Images Firefly Aerospace priced shares in its IPO at $45 on Wednesday, above its expected range. The Texas-based rocket maker will […]
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Trump vows 100% tariff on chips, unless companies are building in the U.S.
U.S. President Donald Trump speaks during an event with Apple CEO Tim Cook in the Oval Office of the White House on August 6, 2025 in Washington, DC. Win Mcnamee | Getty Images President Donald Trump said Wednesday he will impose a 100% tariff on imports of semiconductors and chips, but not for companies that […]
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Apple and Trump detail $100 billion U.S. spending expansion, including $2.5 billion for an iPhone glass factory
Apple CEO Tim Cook, left center, escorts President Donald Trump as he tours Apple’s Mac Pro manufacturing plant in Austin, Texas, Nov. 20, 2019. Tom Brenner | Reuters Apple CEO Tim Cook and President Donald Trump announced on Wednesday announced it will spend an additional $100 billion on U.S. companies and suppliers over the next […]
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Stocks making the biggest moves after hours: Airbnb, DoorDash, Lyft, E.l.f. Beauty and more
Check out the companies making headlines in after-hours trading. Duolingo — The maker of the language learning app surged about 14%. Duolingo said that it sees third-quarter revenues in the range of $257 million to $261 million, while the LSEG consensus called for $253 million. The company also beat estimates on the top and bottom […]
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Trump plans to meet with Putin as soon as next week: Report
FILE PHOTO: U.S. President Donald Trump and Russian President Vladimir Putin hold a bilateral meeting at the G20 leaders summit in Osaka, Japan, on June 28, 2019. Kevin Lamarque | Reuters U.S. President Donald Trump plans to meet in person with Russian President Vladimir Putin as early as next week, the New York Times reported on Wednesday, citing two people familiar […]
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DoorDash shares rise on earnings, revenue beat
Doordash food delivery service in New York City on Feb. 13, 2025. Danielle DeVries | CNBC DoorDash shares climbed 4% in extended trading on Wednesday after the food delivery company reported better-than-expected earnings and revenue for the second quarter. Here’s how the company did compared to analyst estimates based on LSEG’s consensus: Earnings per share: […]
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