Reddit turns second quarterly profit since IPO but shares slide on user-growth miss
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Reddit shares plunge after Google algorithm change contributes to miss in user numbers
Reddit reported better-than-expected results, but the company issued disappointing user numbers.CNBC - 3h -
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 - 9h -
Battery giant CATL files for Hong Kong listing in what could be city's largest IPO since 2021
CATL is also listed on the Shenzhen stock exchange, boasting a market cap of $150.5 billion. The battery giant supplies big automakers like Tesla.CNBC - 20h -
We're adding to our position in a sliding stock and booking profits in a 2025 winner
We're making a pair of trades Monday as Wall Street rallies to kick off the week.CNBC - 2d -
McDonald’s sees wider margins ahead as same-store-sales surprise offsets a profit miss
McDonald’s stock rose 5% as investors latched on to the positive developments, despite some mixed results from the fast-food giant.MarketWatch - 2d -
Profitable cement company Titan America touts Florida, Mid-Atlantic reach in IPO
Titan America’s IPO raises $384 million by pricing toward the low end of its range.MarketWatch - 5d -
Amazon Reports 88% Rise in Profits but Says Growth Could Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.The New York Times - 6d
More from MarketWatch
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Chevron wants to save about $3 billion. Layoffs are on the horizon.
The integrated energy company said that layoffs will affect 15% to 20% of its employees, starting this year and with most layoffs completed before the end of 2026.MarketWatch - 53m -
FCC set to investigate media giant Comcast over diversity commitments and says it could shut down DEI programs elsewhere
Comcast says it ‘will be cooperating with the FCC to answer their questions’MarketWatch - 1h -
Robinhood had a huge quarter thanks to crypto — here’s why that may continue
These latest earnings show that Robinhood benefited from the recent crypto bull run, and it could encourage Robinhood to push farther into crypto.MarketWatch - 1h -
Cisco is basking in its AI moment as earnings show further pickup in demand
The company has been cashing in as big cloud companies build out their AI infrastructure, but expanded AI opportunities lie ahead.MarketWatch - 1h -
Trade Desk had investors worried. Those fears have just been confirmed.
Wall Street expectations and Trade Desk’s own outlook had called for better quarterly sales for the ad-tech company. Both were wrong.MarketWatch - 1h
More in Business
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‘The Opec of nickel’: Indonesia’s control of a critical metal
What the country does with its newfound power will be crucial for everything from prices to the future of mining investmentsFinancial Times - 15m -
Elon Musk's X to pay about $10 million to settle Trump lawsuit over account suspension
Facebook and Instagram owner Meta recently said it would pay $25 million to settle a similar lawsuit by President Donald Trump.CNBC - 25m -
Chevron wants to save about $3 billion. Layoffs are on the horizon.
The integrated energy company said that layoffs will affect 15% to 20% of its employees, starting this year and with most layoffs completed before the end of 2026.MarketWatch - 53m -
FCC set to investigate media giant Comcast over diversity commitments and says it could shut down DEI programs elsewhere
Comcast says it ‘will be cooperating with the FCC to answer their questions’MarketWatch - 1h -
Trump Tariffs on Steel and Aluminum May Raise U.S. Manufacturing Costs
Duties of 25 percent on steel and aluminum will flow through to car buyers, beer drinkers, home builders, oil drillers and other users of metal goods.The New York Times - 1h