Earnings
Lucid widely misses earnings expectations, forecasts continued EV growth in 2026
A Lucid Gravity coming off the line at the company’s factory in Casa Grande, Arizona Lucid Group reported mixed fourth-quarter results Tuesday as the all-electric vehicle maker continues to face challenging market conditions and internal problems. The company widely missed Wall Street’s quarterly earnings expectations, while beating average revenue estimates by roughly 12%. It also […]
Read More
Etihad Airways profits soar nearly 50% as fleet network expansion support strong demand
An attendee at the Dubai Air Show enters an aircraft on Nov. 13, 2017, in Dubai, United Arab Emirates. Natalie Naccache | Bloomberg | Getty Images Etihad Airways reported a near 50% jump in net profit to $698 million last year, the carrier said on Tuesday, as increased capacity supported strong demand across markets and […]
Read More
Beaten-down software stocks RingCentral and Five9 rally as earnings quell some AI concerns
Pavlo Gonchar | Lightrocket | Getty Images Shares of RingCentral and Five9 surged on Friday after earnings from both software firms alleviated recent fears that artificial intelligence is eating away at their business models. RingCentral popped 34%, while Five9 rallied about 14% after topping Wall Street’s estimates and issuing upbeat guidance. Both companies, which provide […]
Read More
Etsy stock pops on Depop deal despite disappointing revenue, merchandise sales
The Etsy company logo is seen at its headquarters in New York on Dec. 13, 2023. Michael M. Santiago | Getty Images Etsy shares popped on Thursday after the company said it plans to offload its fashion resale app Depop to eBay for about $1.2 billion in cash. The online marketplace also reported mixed earnings […]
Read More
Doordash stock rallies as investment cycle starts showing signs of a payoff
Doordash‘s stock rallied on Thursday as Wall Street shook off disappointing fourth-quarter results and commended early progress in the food delivery platform’s investment cycle. Shares initially fell about 10% in extended trading after earnings fell short of Wall Street’s expectations on the top and bottom lines and the company issued disappointing profit guidance. In the […]
Read More
Booking Holdings CEO Glenn Fogel on Q4 earnings, state of travel and impact of AI
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Booking Holdings CEO Glenn Fogel joins ‘Squawk Box’ to discuss the company’s quarterly earnings results, state of the consumer, impact of AI on travel, and more. Source
Read More
Walmart reports strong holiday growth, but earnings outlook falls short of estimates
Walmart said on Thursday that holiday-quarter sales rose nearly 6% and its quarterly earnings and revenue surpassed Wall Street’s expectations as gains in e-commerce, advertising and its third-party marketplace boosted its business. For the full current fiscal year, Walmart said it expects net sales to increase by 3.5% to 4.5% and adjusted earnings per share […]
Read More
Wayfair posts first annual sales gain since 2020, outperforms overall furniture market
Wayfair store in Wilmette, Illinois. Courtesy: Wayfair Wayfair‘s annual sales grew last year for the first time since 2020 as the online furniture company continues to win over value-seeking consumers, the retailer announced Thursday. In 2025, Wayfair revenue grew 5.1% to $12.5 billion. The gains follow a more than 1% year-over-year decline in 2024. The […]
Read More
Nestle plans sale of ice cream business as fourth-quarter sales growth beats estimates
Nestle shares rose 3% Thursday after the maker of Nescafé and KitKat reported organic sales growth for the fourth quarter that beat analyst forecasts. The closely watched organic growth rate came in at 4%, beating a FactSet consensus of 3.55%. For 2026, Nestle said it is targeting organic sales growth of 3% to 4%, along with an […]
Read More
Doordash stock climbs 10%, reversing plunge after earnings and revenue miss
Doordash‘s stock climbed 14% during extended trading on Wednesday, recovering from an initial downswing after the food delivery platform issued disappointing fourth-quarter results and guidance. The stock plunged 10% following the release of the company’s financials. Here’s how the company did versus LSEG estimates: Earnings per share: 48 cents vs. 59 cents expected $0.59 Est. […]
Read More