Earnings
Versant debut earnings report shows continued pay TV pressure, digital growth
Versant Media Group, the newly minted spinout of TV networks and digital assets from Comcast, released its first earnings report on Tuesday. The company reported full-year revenue of roughly $6.69 billion for 2025, down 5% from the prior year. Versant is reporting a breakdown of its earnings from its final year under the ownership of […]
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Best Buy’s holiday sales disappoint, but retailer shows progress in growing profits
Sign at the main entrance to a Best Buy store in Venice, Florida. Erik McGregor | Lightrocket | Getty Images Best Buy posted mixed results on Tuesday as the retailer’s holiday-quarter sales declined and came in below Wall Street’s expectations, but its earnings topped estimates as it showed improved profitability. For the current fiscal year, […]
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Swiss sneaker maker falls 11% after record sales, as guidance falls short of expectations
The Roger models, named after former tennis player and company investor Roger Federer, are displayed in a shop of Swiss shoemaker On in Zurich, Switzerland, Aug. 28, 2025. Denis Balibouse | Reuters Swiss sneaker maker On Holding is down 11% in premarket trading, despite issuing guidance for another year of strong growth and reporting record […]
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Versant is about to test Wall Street’s appetite for cable TV in its first earnings report as a public company
Versant signage on the floor at the New York Stock Exchange on July 21, 2025. Michael Nagle | Bloomberg | Getty Images Versant Media Group will release its first earnings report as a public company on Tuesday, giving Wall Street its first glimpse inside a company made up primarily of pay-TV networks. The Comcast spinoff […]
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Berkshire Hathaway operating earnings fell nearly 30% in Warren Buffett’s final quarter as CEO
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Berkshire Hathaway reported a big decline in its operating earnings for the fourth quarter, due in large part to weakness in the conglomerate’s insurance business. Earnings from operations totaled $10.2 billion […]
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CoreWeave CEO defends spending plans, tries to combat debt narrative as stock plummets nearly 22%
Coreweave CEO Mike Intrator backed up the company’s massive spending plans during an interview with CNBC’s “Squawk on the Street” on Friday as shares dropped post-earnings on profitability worries. Intrator told CNBC that Coreweave has willingly chosen to invest in more infrastructure and take a margin hit to meet the “once in a generation moment” […]
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Dell shares climb 19% on earnings beat as company navigates rising memory costs
Dell shares soared 19% on Friday after the company beat fourth-quarter estimates and issued strong guidance, as a historic memory shortage puts pressure on prices in the sector. Dell reported adjusted earnings of $3.89 per share, exceeding the $3.53 per share expected by analysts surveyed by LSEG. The company reported $33.38 billion in revenue for […]
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CoreWeave beats revenue projections as backlog swells to nearly $67 billion
Michael Intrator, Chief Executive Officer of CoreWeave Inc., speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 22, 2025. Jeenah Moon | Reuters CoreWeave shares fell as much as 11% in extended trading on Thursday after the artificial intelligence-focused cloud infrastructure provider […]
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FanDuel parent Flutter reports disappointing fourth-quarter earnings
FanDuel parent Flutter Entertainment announced fourth-quarter earnings Thursday that missed Wall Street expectations on nearly every metric. FanDuel’s performance in the final quarter of 2025 was affected by bettors losing more often than usual. When that happens, gamblers get discouraged, bet less and stop using the app as frequently, Flutter CEO Peter Jackson told CNBC […]
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Block shares soar 24% as company slashes workforce by nearly half
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Block said Thursday it’s laying off more than 4,000 employees, or about half of its headcount. The stock skyrocketed […]
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