Breaking News: Earnings
Robinhood climbs after reporting report earnings for to start with quarter
Spencer Platt | Getty Images Shares of Robinhood rose in extended investing Wednesday afternoon after the retail brokerage declared much better-than-predicted initial-quarter benefits. Robinhood noted net profits of $157 million, or 18 cents per share, for the initially quarter. That is a positive swing from the identical period very last calendar year, when the enterprise […]
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Oddity Tech says it’s bucking the beauty slowdown Ulta warned about
As Ulta Beauty says it expects a slowdown in retail’s most resilient category, an upstart says it’s bucking the trend. Oddity Tech – the newly public Israeli cosmetics platform that uses AI to develop products — posted first quarter results that blew past expectations and raised its full-year guidance. Here’s how the beauty retailer behind […]
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Disney earnings top analyst estimates as streaming nearly breaks even in the quarter
The “Partners” statue of Walt Disney and Mickey Mouse, at Cinderella Castle at the Magic Kingdom, at Walt Disney World, in Lake Buena Vista, Florida, photographed Saturday, June 3, 2023. Joe Burbank | Tribune News Service | Getty Images Disney reported fiscal second-quarter earnings Tuesday that beat analyst estimates after narrowing streaming losses. Revenue was […]
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Wayfair shares surge 17% after furniture retailer cuts losses by more than $100 million
Wayfair’s sales slid during its first quarter, but the online furniture retailer reduced its losses after cutting 13% of its workforce at the start of the year, the company announced Thursday. Wayfair beat Wall Street’s expectations on the top and bottom lines and saw active customers grow nearly 3% compared with the year-ago period. Here’s […]
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Peloton CEO Barry McCarthy to phase down, company to lay off 15% of staff as it appears to be to refinance financial debt
Barry McCarthy, president and CEO of Peloton Interactive, walks to a early morning session at the Allen & Firm Sunshine Valley Convention on July 06, 2022 in Sun Valley, Idaho. Kevin Dietsch | Getty Pictures Peloton announced Thursday that CEO Barry McCarthy will be stepping down and the corporation will lay off 15% of its […]
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NYCB shares soar just after new CEO presents two-calendar year system for ‘clear route to profitability’
Vital Points New York Group Lender on Wednesday posted a quarterly loss of $335 million on a mounting tide of soured commercial loans and better fees, but the lender’s stock surged on its new general performance targets. The first-quarter reduction, equivalent to 45 cents per share, as opposed to net revenue of $2.0 billion, or $2.87 […]
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Amazon’s cloud margin widens on accelerating income progress
Adam Selipsky, CEO of Amazon Net Solutions, speaks through the Bloomberg Technological know-how Summit in San Francisco on June 22, 2023. David Paul Morris | Bloomberg | Getty Photographs Amazon reported Tuesday that profits from its cloud device grew 17% calendar year more than year in the initially quarter, a additional rapid fee than Wall […]
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Super Micro pushes up full-12 months income forecast as it details to potent AI demand
Lisa Su, chair and CEO of State-of-the-art Micro Gadgets, still left, and Charles Liang, CEO of Super Micro Computer, discuss at the AMD Advancing AI celebration in San Jose, California, on Dec. 6, 2023. David Paul Morris | Bloomberg | Getty Photos Super Micro shares slipped as considerably as 15% in extended buying and selling […]
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Starbucks shares sink 8% as similar-retailer profits fall, quarterly effects pass up
A shop of Starbucks Espresso store chain found in Amsterdam city center with men and women sitting down inside, making the most of a espresso following buying in the cafe, though other individuals are strolling by. Nicolas Economou | Nurphoto | Getty Photographs Starbucks on Tuesday noted weaker-than-envisioned quarterly earnings and earnings, fueled by a […]
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Amazon set to report first-quarter earnings after the bell
Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Pictures Amazon will report first-quarter earnings right after the bell on Tuesday. Here’s what analysts are anticipating in accordance to LSEG: Earnings per share: 83 cents Revenue: $142.5 billion Wall Street […]
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