Earnings
Stocks making the biggest midday moves: Palantir, AppLovin, Shake Shack, Walmart and more
Check out the companies making headlines in midday trading: Palantir — The technology stock tumbled 11.9%, on track for its worst day since May . The stock is also on pace to see back-to-back losses of 10% or more for the first time ever. Shares took a hit after the disclosure of a new stock […]
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Mercedes-Benz cuts costs, renews focus on combustion engine models in bid to revive earnings
Various Mercedes-Benz vehicles are assembled in the “Factory 56” production hall. Picture Alliance | Picture Alliance | Getty Images Mercedes-Benz on Thursday announced further cost-cutting and more petrol and diesel cars than EVs in its new product range, in a bid to revive margins as the company braces for a sharp drop in earnings in 2025. […]
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Hasbro says it’s taking steps to offset China tariff impact
The Hasbro, Inc. logo is seen on a toy for sale in a store in Manhattan, New York, U.S. Andrew Kelly | Reuters Toy and gaming giant Hasbro took an optimistic tone Thursday on the potential impact of Chinese tariffs on its business, as executives said the company is shifting manufacturing away from China. Hasbro […]
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Stocks making the biggest moves premarket: Walmart, Hasbro, Shake Shack, Wayfair and more
Check out the companies making headlines in premarket trading. Walmart — The retailer slid 8% after issuing weaker-than-expected guidance. For fiscal 2026, Walmart sees earnings per share ranging between $2.50 per share and $2.60 per share. The company also said it wouldn’t be “immune” to impacts from currently postponed tariffs on Mexico and Canada. Shake […]
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Chinese giant Alibaba posts profit and revenue beat in December quarter amid strength in cloud unit
Signage at the Alibaba Group Holding Ltd. offices in Beijing, China, on Wednesday, March 29, 2023. Alibaba’s overhaul could serve as a template for a restructuring of China Tech itself: a shake-up that achieves Beijings aim of carving up the countrys tech titans while unlocking potentially billions of dollars in pent-up shareholder value. Bloomberg | […]
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Walmart will report earnings before the bell. Here’s what to expect
The Walmart logo is seen outside of one of its stores in Selinsgrove, Pennsylvania. Paul Weaver | Lightrocket | Getty Images Walmart will report its latest quarterly earnings before the bell on Thursday, as investors try to parse whether softer retail sales in January were a blip or a bigger warning sign. As Walmart is […]
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Carvana expects another ‘strong’ year after topping fourth-quarter expectations
A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC Carvana topped Wall Street’s top- and bottom-line expectations for the fourth quarter while guiding for another “strong” year in 2025. Carvana, as it has in the past, gave a broad guidance outlook for this year that includes growth in both retail […]
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Stocks making the biggest moves after hours: Klaviyo, Carvana, Palantir and more
Check out the companies making headlines in after-hours trading. Klaviyo – The software company surged almost 6% after fourth-quarter results topped Wall Street expectations. Klaviyo posted adjusted earnings of 7 cents per share on $270 million in revenue, above the 6 cents per share and $257 million in revenue that analysts surveyed by LSEG were […]
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Etsy stock tumbles on revenue miss as company reports drop in number of goods sold
An employee walks past a quilt displaying Etsy Inc. signage at the company’s headquarters in the Brooklyn. Victor J. Blue/Bloomberg via Getty Images Etsy missed on revenue and gross merchandise sales for the fourth quarter, with the company citing “significant headwinds,” including a pullback in consumer spending. The stock slid more than 9% in morning […]
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Stocks making the biggest moves premarket: Etsy, SolarEdge, Toll Brothers, Bumble and more
Check out the companies making headlines before the bell. Capital One Financial , Discover Financial Services — Shares of Capital One gained 1.6%, while Discover Financial Services dipped 0.3%, after the two companies said their respective shareholders have voted to approve Capital One’s acquisition of Discover. Toll Brothers — Shares fell more than 5% in […]
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