Day: November 5, 2025
Doordash stock sinks 9% as company misses earnings, says it expects further spending
A DoorDash bag on a bicycle in New York, US, on Tuesday, May 6, 2025. Yuki Iwamura | Bloomberg | Getty Images DoorDash reported third-quarter earnings that missed analyst expectations and said it expects to spend “several hundred million dollars” on new initiatives and development in 2026. The stock sank 9% following the report. Here’s […]
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Stocks making the biggest moves after hours: Snap, Arm Holdings, Figma, Lyft and more
Check out the companies making headlines in after-hours trading. Snap — The social media company surged 26% after it unveiled a $500 million buyback program and issued strong fourth-quarter revenue guidance. On top of that, Snap said Perplexity AI will pay it $400 million to integrate the AI startup’s search capabilities into Snapchat. Arm Holdings […]
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Figma delivers strong forecast as AI draws in more customers
Dylan Field, co-founder and CEO of Figma, center, appears on the floor of the New York Stock Exchange in New York on July 31, 2025. Figma Inc. shares surged as much as 229% after the design software maker and some of its shareholders raised $1.2 billion in an IPO, with the trading valuing the company […]
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Robinhood doubles revenue as it beats third-quarter earnings expectations
Robinhood beat Wall Street expectations for the third quarter on Wednesday, extending a hot streak that has made it one of the biggest large-cap U.S. tech stocks this year. Here is how Robinhood’s results compared to Wall Street estimates, according to analysts surveyed by LSEG: Earnings per share: 61cents vs. 53 cents expected Revenue: $1.27 […]
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Snap shares rocket 25% on strong forecast, $400 million Perplexity deal
Snap shares climbed as much as 25% on Wednesday after the company issued its third-quarter earnings, reporting revenue that beat analysts expectations and a $500 million stock repurchase program. Here is how the company did compared with Wall Street’s expectations: Earnings per share: Loss of 6 cents. That figure is not comparable to analysts’ estimates. Revenue: $1.51 […]
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E.l.f. Beauty stock plunges 29% on weak guidance, tariff impact
Hailey Bieber’s cosmetics line Rhode is expected to increase E.l.f. Beauty‘s annual sales by $200 million this fiscal year, but its new parent company’s full-year guidance still fell below expectations, leading its stock to plunge 29% Wednesday. E.l.f., which declined to release full-year guidance last quarter, is expecting full-year revenue to be between $1.55 billion […]
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Qualcomm reports earnings, revenue beat and issues strong forecast
Qualcomm CEO Cristiano Amon delivers a keynote speech at Computex in Taipei, Taiwan May 19, 2025. Ann Wang | Reuters Qualcomm reported fiscal fourth-quarter results on Wednesday that beat analyst estimates on the top and bottom lines. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: $3.00 adjusted […]
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Lucid misses Wall Street expectations as problems continue with SUV launch
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images DETROIT – Lucid Group missed Wall Street’s expectations for a second consecutive quarter as the all-electric vehicle maker continues to address problems with the launch of its new flagship […]
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HubSpot adds Clara Shih, Meta’s head of business AI, to board of directors
Clara Shih, who’s now head of business AI at Meta., speaks during the 2024 Dreamforce conference in San Francisco, California, US, on Tuesday, Sept. 17, 2024. David Paul Morris | Bloomberg | Getty Images HubSpot announced on Wednesday that Clara Shih, Meta’s head of business AI, has been added to the software company’s Board of […]
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Starbucks union authorizes open-ended strike as busy holiday season begins
Starbucks baristas gather outside a Starbucks store as they protest against the company during a rally to demand a new contract in New York City, on October 28, 2025. The Starbucks Workers United is fighting for a new contract that delivers improved staffing hours, take-home pay, and on-the-job protections for baristas. (Photo by TIMOTHY A.CLARY […]
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