Earnings Results Nio Stock Drops after Big Revenue Miss and Warning
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Roblox’s stock tumbles after a big revenue miss, and worries about ‘engagement’
Roblox Corp.’s stock tumbled Thursday after the online gaming company reported first-quarter revenue that was well below expectations and provided a downbeat current-quarter outlook.MarketWatch - Business -
Chip designer Arm's shares drop after lackluster revenue guidance
Shares of Arm fell Thursday as lackluster revenue guidance from the firm clouded a positive sales quarter driven by AI demand.CNBC - Business -
Progyny’s stock plunges as demand for IVF treatments drops after Alabama ruling
Progyny’s stock was headed for a record selloff Friday after the fertility-services company said the Supreme Court of Alabama’s February ruling regarding in vitro fertilization seemed to scare off some potential customers.MarketWatch - Business -
Arm’s stock dips after earnings, but here’s the case for optimism
Analysts are encouraged about future royalty potential, judging by the performance of company’s licensing businessMarketWatch - Business -
Dropbox’s results get a break from investors after big selloff in February
After taking a big hit during its last round of earnings, shares of Dropbox Inc. rose on Thursday after the online-storage platform reported first-quarter results that topped Wall Street’s estimates.MarketWatch - Business -
Cronos’s stock leaps as strong cannabis-flower sales lead to record revenue
Shares of Cronos Group Inc. traded sharply higher Thursday after the cannabis company, citing strength in flower sales, reported first-quarter revenue that rose to a record and beat expectations.MarketWatch - Business -
Sweetgreen shares soar 34% after company beats revenue expectations
Shares of the salad chain surged 34% Friday after the company's revenue beat analysts' expectations during its fiscal first quarter.CNBC - Business -
SoundHound’s losses exceed revenue, but stock gains as voice-AI demand picks up
The company raised the lower bound of its full-year forecast.MarketWatch - Business -
Chinese EV stocks drop on expectations Biden could hit sector with 100% tariff next week
Shares of Nio, Li Auto and other Chinese electric-vehicle makers were falling Friday, following multiple published reports that the Biden administration could roll out much-anticipated new tariffs next week that target those companies as well as ...MarketWatch - Business - Joe Biden -
Warner Bros. Discovery’s stock falls as earnings reflect traditional-media woes
Traditional media businesses have had a tough time even as they navigate a march into the streaming era, and WBD’s earnings could be the latest example of that.MarketWatch - Business -
Why Marathon Digital’s stock is sagging in the face of record earnings
Marathon has to boost its uptime to help profits, an analyst notes.MarketWatch - Business -
Chinese PR boss says sorry after glorifying work-till-you-drop culture
In a crisis of her own making, Qu Jing also threatened Baidu staff who dared to question her management style. The head of public relations at China’s biggest search engine, Baidu, has apologised after creating her own PR crisis with a series of ...The Guardian - World -
Nikki Haley is easing back into public life after dropping out of the Republican presidential race in early March, but has no immediate plans to endorse Trump.
Nikki Haley is easing back into public life after dropping out of the Republican presidential race in early March, but has no immediate plans to endorse Trump.The Wall Street Journal - World -
Honda projected a drop in fiscal-year net profit and announced a share buyback after posting a sharp increase in annual profit for the previous year.
Honda projected a drop in fiscal-year net profit and announced a share buyback after posting a sharp increase in annual profit for the previous year.The Wall Street Journal - World -
Amid strong first-quarter earnings, companies are stepping up repurchases of their own shares, which is giving a resurgent stock market an extra boost.
Amid strong first-quarter earnings, companies are stepping up repurchases of their own shares, which is giving a resurgent stock market an extra boost.The Wall Street Journal - World -
China's Credit Unexpectedly Dropped in April
The Wall Street Journal - World - China -
Salvatore Ferragamo Revenue Dragged by Weakness in China Market
The Italian maker of luxury footwear and leather goods booked lower revenue for the first quarter, weighed by a weak consumer environment in China and the soft performance of its wholesale channel.The Wall Street Journal - World - China -
Life360 Could Give Ad Revenue Guidance in August
Location-tech developer Life360 could give second-half revenue guidance for its new advertising venture when it announces its next quarterly update in August, Chief Executive Chris Hulls said.The Wall Street Journal - Tech -
Spanish investigation into Shakira’s alleged tax evasion dropped
Court says irregularities in Colombian singer’s 2018 tax return did not indicate intent to defraud . A Spanish court has shelved an investigation into an alleged tax fraud by the Colombian pop star Shakira, putting an end to her legal woes in the ...The Guardian - World -
Coach, Kate Spade parent’s stock bounces back, as profit beat offsets sales miss
Tapestry’s stock reversed an early selloff to trade higher Thursday, after the fashion company reported fiscal third-quarter profit that beat expectations, to offset another revenue miss.MarketWatch - Business -
Big splash: O's rally after owner joins 'Bird Bath'
New Orioles owner David Rubenstein turned out to be quite a rally starter at Camden Yards as he filled in Friday night in the "Splash Zone" in left field.ESPN - Sports -
In a push for revenue ahead of the 100th Oscars, academy announces $500-million campaign
Looking ahead to the 100th Oscars, the motion picture academy is kicking off a four-year, $500-million fundraising campaign aimed at shoring up its revenues and extending global its influence.Los Angeles Times - Entertainment -
China's biggest chipmaker SMIC warns of 'fierce' competition as it misses quarterly profit expectations
Net income in the first quarter plunged 68.9% from a year ago to $71.79 million.CNBC - Business - China -
Planet Fitness’ stock rallies after company unveils first price hike in 30 years
Planet Fitness Inc.’s stock reversed early losses to trade up 8% Thursday, as investors looked past a revenue shortfall and lowered guidance to focus on a price hike and other positives from the earnings call.MarketWatch - Business -
Fat Brands stock craters after company, chair Andy Wiederhorn charged in $47 million 'sham' loan scheme
Fat Brands' portfolio includes Fatburger, Johnny Rockets and Twin Peaks.CNBC - Business -
Angel Reese, Tina Charles among players dropping too far in drafts
The fantasy experts pinpoint the players who are dropping too far in fantasy women's basketball drafts.ESPN - Sports - United Kingdom -
An English Town Drops Apostrophes From Street Signs. Some Aren’t Happy.
The move has prompted some resistance, with someone writing an apostrophe on a sign for St. Mary’s Walk. “What’s next?” one North Yorkshire resident asked. “Commas?”The New York Times - World