Latest in Airbnb sales forecast just misses expectations, but shares rally
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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 - Feb. 12 -
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 - Feb. 13 -
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 - 6d -
Airbnb shares are rallying, and its CEO thinks it can be a one-stop travel shop ‘similar to Amazon’
Airbnb Inc. on Thursday forecast first-quarter sales that came up a bit shy of Wall Street’s expectations, but the vacation-rental platform said it expects to continue to build on strides it made ...MarketWatch - 6d -
Walmart stock tumbles on a lower-than-expected sales forecast
Walmart delivered another year of strong sales and profits, but executives expressed caution about an uncertain economic landscape.CBS News - 3h -
Walmart’s Gloomy Sales Forecast Shows Customers Are Still Feeling the Inflation Squeeze
The company’s earnings forecast for the fiscal year fell below analysts’ expectations.Inc. - 3h -
Bumble investors shrug off revamp, shares drop as forecast disappoints
Shares of Bumble Inc. slid after hours on Tuesday after the dating app forecast first-quarter sales that missed Wall Street’s expectations, as it tries to reinvent itself to help users better connect.MarketWatch - 1d -
Walmart shares fall upon disappointing forecast, fueling US spending worries
World’s largest retailer expects inflation-weary consumers to pull back after shares hit record high of $105 last week. Walmart on Thursday forecast sales and profit for its latest fiscal year ...The Guardian - 5h -
Etsy misses Wall Street’s revenue estimate as marketplace sales dip
Etsy’s stock was down 7% in premarket action after it came up short of revenue expectations while beating its profit mark.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 - Feb. 11 -
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 - Feb. 13 -
Retail sales slumped 0.9% in January, down much more than expected
Excluding autos, prices fell 0.4%, also far off the consensus forecast for a 0.3% increase.CNBC - 6d -
Retail sales slumped 0.9% in January, down much more than expected
Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report Friday.NBC News - 6d -
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 - Feb. 12 -
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 - Feb. 13 -
PlayStation Just Had Its Best Sales Quarter Yet, PS5 Lifetime Sales Now At 75 Million
The PlayStation 5 has reached a new milestone, as Sony revealed that the console has enjoyed its best sales quarter to date. In its financial results for the three months that ended on December 31, ...GameSpot - Feb. 13 -
Sony shares surge over 10% after it forecasts stronger revenue and profit for fiscal year 2024
Sony shares popped after it raised its 2024 outlook for annual operating profit to 1.34 trillion yen ($8.76 billion), a 2% rise from the previous financial year.CNBC - 6d -
NBA star expected to miss rest of season after blood clot diagnosis
Victor Wembanyama is expected to miss the remainder of the season with deep vein thrombosis in his right shoulder, the San Antonio Spurs announced.CBS News - 2h -
Victor Wembanyama Expected to Miss Rest of N.B.A. Season Because of Blood Clot
The San Antonio Spurs said they discovered deep vein thrombosis when Wembanyama returned from All-Star weekend.The New York Times - 2h -
DraftKings rallies on upbeat full-year sales outlook, which doesn’t include this big event
Shares of DraftKings Inc. rose after hours Thursday after the sports-betting platform offered a more optimistic sales outlook for this year, as it moves ahead with things like live betting and ...MarketWatch - 6d -
Can anything stop Walmart’s rally? Maybe high expectations, some analysts say.
The past three years of higher prices have been great for Walmart — and Wall Street analysts are struggling to find any reason to expect the retail giant to slow down.MarketWatch - 3d -
WK Kellogg’s sales fall short as consumers seek value and as Special K loses share
WK Kellogg Co.’s stock fell 1.8% Tuesday after the breakfast-cereal company’s fourth-quarter adjusted profit swept past estimates but failed to offset a sales miss, as the company continues to ...MarketWatch - Feb. 11 -
Palantir plunges after CEO Karp changes share sales plan, Pentagon budget cut report
The Trump administration is engaged in a wide-ranging effort to slash government spending and reduce the number of federal workers.CNBC - 9h -
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 - Feb. 10 -
Aomni just raised $4M to prove AI can boost sales without replacing humans
Aomni raises $4M to help sales teams close more deals with AI-powered research agents that provide real-time, deep prospect intelligence—boosting close rates by up to 40%.VentureBeat - 2d -
Birkin bag maker Hermes posts better-than-expected jump in fourth-quarter sales
Haute couture fashion house Hermes on Friday reported a better-than-expected jump in fourth quarter sales.CNBC - 6d -
Reddit turns second quarterly profit since IPO but shares slide on user-growth miss
Reddit Inc. turned its second quarterly profit since becoming a public company, but shares fell after daily active unique users — which topped 100 million for the first time — fell short of ...MarketWatch - Feb. 13 -
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 - Feb. 12 -
United Airlines Just Shared a Surprising Customer Insight, and I Had to Think Through Whether It’s Depressing or Inspiring
Who’s traveling and why? The answer might surprise you—and make you think of an opportunity.Inc. - 3d -
Tigers expect RHP Alex Cobb to miss start of season with hip injury after signing $15M, 1-year deal
The Detroit Tigers are expecting Alex Cobb to miss the start of the seasonABC News - Feb. 12 -
Victor Wembanyama injury: Spurs star expected to miss rest of season with deep vein thrombosis in shoulder
Wembanyama's stellar sophomore season has been cut short by a blood clot in his shoulderCBS Sports - 1h -
Help! Our Paris Rental Apartment Was Robbed and Airbnb Won’t Compensate Us.
A family’s belongings disappeared when a thief used a key left under their Airbnb’s doormat. The French police confirmed the story, but Airbnb’s insurance adjuster took the side of the host.The New York Times - Feb. 13 -
Airbnb pops more than 14%, its best day ever, on earnings beat
Airbnb shares surged more than 14% and recorded their best day ever after the company reported stronger-than-expected fourth-quarter earnings.CNBC - 6d -
Winter storm forecasted to bring more snow to Northeast
The Northeast is digging out from an overnight storm that dropped up to six inches of snow in some areas and now another storm is expected in just a matter of days. NBC’s Maya Eaglin reports for ...NBC News - Feb. 9 -
Latest weather forecast as winter storm slams the East
A winter storm is slamming parts of Virginia and reaching parts of New Jersey and the Northeast. Some roads are covered in snow and several weather-related traffic accidents have been reported. ...CBS News - Feb. 12 -
Cisco pops on increased full-year revenue forecast
Cisco topped analysts' estimates and lifted its full-year guidance due in part to orders for artificial intelligence infrastructure.CNBC - Feb. 12 -
Why UBS and Goldman Sachs are boosting their gold forecasts
There’s plenty of room for gold to rise, a UBS strategist says.MarketWatch - 2d -
Energy bills forecast to rise by £85 a year
Cornwall Insight predicts that the energy regulator will hike gas and electricity prices by 5%.BBC News - 2d