Earnings
Affirm shares soar 20% on revenue beat, surprise profit during holiday period
Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho. Drew Angerer | Getty Images Affirm shares jumped 20% on Friday after the buy now, pay later company topped Wall Street’s fiscal […]
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Stock futures are little changed as investors brace for big payrolls report: Live updates
Traders work on the floor of the New York Stock Exchange on Feb. 6, 2025. NYSE Stock futures were little changed early Friday as January’s big jobs report loomed. Futures tied to the Dow Jones Industrial Average gained 20 points or 0.04%. S&P 500 futures and Nasdaq 100 futures also traded near the flatline. Amazon […]
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European markets set to open lower after reaching record high
European markets are set to climb down from record highs when trading resumes on Friday, as corporate earnings, monetary policy and key U.S. jobs data remain in focus. London’s FTSE 100 is expected to open 24 points lower at 8,712 points, according to IG. The German DAX index is slated to open 17 points lower […]
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Stocks making the biggest moves after hours: Amazon, Pinterest, Expedia and more
Amazon signage during the 2024 CES event in Las Vegas, Nevada, on Jan. 10, 2024. Bridget Bennett | Bloomberg | Getty Images Check out the companies making headlines in extended trading: Amazon — The e-commerce giant fell 2% after issuing weaker-than-expected guidance for the current quarter. Amazon said it forecasts sales in the first quarter […]
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Amazon fourth-quarter cloud revenue falls just shy of Wall Street estimates
Amazon Web Services (AWS) CEO Matt Garman delivers a keynote address during the AWS re:Invent conference in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Entertainment | Getty Images Amazon said Thursday that revenue growth from its cloud-computing business slowed slightly to just under 19% year over year in the fourth quarter, […]
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Amazon’s advertising business grew 18% in the fourth quarter
An Amazon warehouse and distribution centre in an industrial park in Montreal, Quebec, Canada, on Thursday, Sept. 1, 2022. Graham Hughes | Bloomberg | Getty Images Amazon’s online advertising business logged $17.29 billion in the fourth quarter, up 18% from a year ago. Analysts polled by StreetAccount were expecting Amazon to report ad revenue of […]
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Amazon issues disappointing revenue forecast, points to weakest growth on record
Amazon CEO Andy Jassy speaks at the Bloomberg Technology Summit in San Francisco on June 8, 2022. David Paul Morris | Bloomberg | Getty Images Amazon reported better-than-expected earnings and revenue for the fourth quarter, but it gave disappointing guidance for the current period. The stock slipped in extended trading. Here are the numbers: Earnings: […]
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E.l.f. Beauty CEO says company is ‘relieved’ China tariffs are only 10%
The New York Stock Exchange welcomes E.l.f. Beauty on March 18, 2024, to celebrate its 20th anniversary of founding. The CEO of E.l.f. Beauty, which manufactures about 80% of its cosmetics in China, told CNBC on Thursday that it was “relieved” the new tariff on Chinese imports is only 10%. The retailer isn’t sure yet […]
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E.l.f. stock tanks after retailer cuts guidance, citing ‘soft’ January amid TikTok ban saga and LA wildfires
Elf complexion sponges arranged in Germantown, New York, July 17, 2023. Gabby Jones | Bloomberg | Getty Images E.l.f. Beauty on Thursday cut its full-year guidance after seeing a 36% drop in profits and “softer than expected” sales trends in January, marking a rare downturn for one of beauty’s hottest brands. The cosmetics company reported […]
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Stocks making the biggest moves midday: Roblox, Peloton, Ralph Lauren, Yum Brands and more
Check out the companies making headlines in midday trading: Altus Power — The commercial solar power provider soared as much as 28% after agreeing to a $5 per share buyout from a unit of TPG that valued Altus at $2.2 billion, including debt. The deal is expected to close in the second quarter. Ford — […]
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