Earnings
C3 AI stock falls 30% as CEO Siebel calls preliminary sales numbers ‘completely unacceptable’
The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024. Dado Ruvic | Reuters Shares of the enterprise artificial intelligence company C3 AI tumbled 30% Monday after it announced preliminary financial results and a restructuring of its global sales and services organization. C3 AI said Friday that it […]
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European shares open higher as global trade holds spotlight
Orsted shares plunge The Orsted Block Island Wind Farm in this aerial photograph taken above the water off Block Island, Rhode Island. Eric Thayer | Bloomberg | Getty Images Orsted shares crashed more than 25% on Monday morning, after the wind farm developer said it plans a 60 billion Danish kroner ($9.4 billion) rights issue, […]
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Sweetgreen shares drop 25% after salad chain cuts outlook for the second time in two quarters
People walk past a Sweetgreen restaurant in Manhattan. Jeenah Moon | The Washington Post | Getty Images Sweetgreen shares dropped more than 25% on Friday after the salad chain cut its 2025 outlook for the second quarter in a row, citing issues with its loyalty program, weak consumer sentiment, tariff headwinds and store challenges. For […]
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European stocks open higher as tariffs, economy hold spotlight
European stocks open higher; Munich Re down 7% We’re around 30 minutes into Friday’s trading session, and stocks are broadly marginally higher. The pan-European Stoxx 600 was last seen trading around 0.1% higher. London’s FTSE 100 and the French CAC 40 are up 0.1% and 0.3%, respectively, while Germany’s DAX is down by 0.2%. Shares […]
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SoftBank Group shares surge 13% to a record high after quarterly profit beat estimates
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters Shares of SoftBank Group surged 13% Friday to hit a fresh record, following the company’s higher-than-expected fiscal first-quarter profit. This marks the Japanese investment firm’s fourth straight session of gains, and comes after it closed […]
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Block shares pop on full-year guidance boost
Block shares jumped 6% in extended trading on Thursday after the fintech company increased its forecast for the year. Here is how the company did, compared to analysts’ consensus estimates from LSEG. Earnings per share: 62 cents adjusted vs. 69 cents expected Revenue: $6.05 billion vs. $6.31 billion expected Revenue fell close to 2% from […]
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Stocks making the biggest moves after hours: Sweetgreen, Block, Expedia, Pinterest and more
Check out the companies making headlines after the bell : Expedia Group — The travel booking website’s shares skyrocketed more than 15% in extended trading after the company’s second-quarter earnings and revenue beat expectations. Expedia also raised guidance for bookings and revenue for the full year. Block — Shares of the Cash App parent gained […]
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Instacart tops estimates, issues upbeat outlook
The Instacart logo is seen on a smartphone and on a PC screen. Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Instacart‘s second-quarter earnings topped estimates and the grocery delivery company issued strong guidance after the bell Thursday. Shares jumped more than 6% in extended trading. Here’s how the company did versus LSEG […]
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Omada Health beats on revenue in first earnings report since IPO
The Omada Health logo is displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Omada Health reported quarterly results for the first time since its IPO in June. Here’s how the company did based on average analysts’ estimates compiled by LSEG: Loss: Loss per share of 24 cents. Revenue: $61 million vs. $55.2 million […]
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Flutter tops second-quarter earnings expectations, raises full-year guidance
Online sports betting giant Flutter reported second-quarter earnings that beat Wall Street expectations Thursday. The company reported adjusted earnings of $2.95 per share versus an estimated $2.08, according to a survey of analysts by LSEG. Revenue came in slightly higher than expectations at $4.19 billion against consensus expectations of $4.13 billion. Flutter owns the dominant […]
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