Airbnb sales forecast just misses expectations, but shares rally
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Airbnb shares pop 15% on better-than-expected earnings and revenue
Airbnb reported fourth-quarter earnings on Thursday that beat analysts' estimates, but the company issued soft guidance.CNBC - 1h -
Reddit shares slump 5% on daily active user miss
Reddit CEO Steve Huffman said the company experienced some "volatility" in user growth as a result of a Google search algorithm tweak.CNBC - 2h -
Unilever sales just miss expectations; Ben & Jerry's ice cream unit heads for triple listing
Consumer goods giant Unilever posted slightly weaker-than-expected sales growth and pointed to a "slower start to 2025."CNBC - 7h -
Sony raises full-year forecasts after solid PlayStation 5 sales in the holidays
The December quarter is a key period for Sony, covering the holiday shopping season which is often a lucrative time for consumer electronics firms.CNBC - 10h -
FIS shares plunge most since 2023 on disappointing revenue, guidance miss
Shares of Fidelity National Information Services had their worst day on the market since 2023 after the company's disappointing guidance.CNBC - 1d -
DoorDash’s stock rallies as demand forecast tops expectations
Food-delivery app DoorDash Inc. on Tuesday forecast a key demand metric to come in above Wall Street’s expectations for the first quarter, as it adds more grocery stores to its platform to ...MarketWatch - 1d -
Kering slightly beats fourth-quarter forecasts even as sales at embattled Gucci brand plunge 24%
French luxury goods firm Kering reported better-than-expected fourth-quarter sales that were still down year-on-year amid lagging demand for the Gucci label.CNBC - 2d
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GameStop’s stock soars on report of possible bitcoin investment
Shares of GameStop were gaining more than 6% in extended trading Thursday, following a report that the company is weighing a bitcoin investment.MarketWatch - 37m -
How Elon Musk’s ‘DOGE’ playbook could trigger a bear market for stocks
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The stock market is ignoring what could be its No. 1 threat
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These 18 states could spend $23 billion on bitcoin if they pass bills to establish crypto reserves
If all 20 bills introduced in 18 states to establish state-level bitcoin reserves are enacted, it could potentially lead to the buying of more than $23 billion worth of bitcoin — or some 247,000 ...MarketWatch - 1h
More in Business
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Coinbase revenue surges more than 130%, driven by postelection crypto rally
Coinbase reported better-than-expected fourth-quarter earnings, strengthened by a raging postelection crypto rally at the end of 2024.CNBC - 23m -
Trump denies meddling in Eric Adams case as 6 top prosecutors quit over DOJ order to toss it
New York City Mayor Eric Adams was indicted last fall on bribery, fraud and other charges in Manhattan federal court.CNBC - 23m -
Trump and Modi discuss oil and weapons deal to boost US-India trade
Talks with Indian leader follow US president’s plan to impose reciprocal tariffs on trading partnersFinancial Times - 31m -
GameStop’s stock soars on report of possible bitcoin investment
Shares of GameStop were gaining more than 6% in extended trading Thursday, following a report that the company is weighing a bitcoin investment.MarketWatch - 37m -
How Elon Musk’s ‘DOGE’ playbook could trigger a bear market for stocks
Big cuts in the federal deficit will almost certainly lead to a large reduction in corporate profits.MarketWatch - 39m