Meta shares pop after company beats on revenue

Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations

Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties

ABC News - 21h

Meta earnings reward investors who bid up shares to five straight record closes

Meta Platforms delivered a monster quarterly beat on everything from sales and earnings to cash flow and engagement.

CNBC - 8h

Microsoft shares slip on weak quarterly revenue guidance

Microsoft intends to address execution challenges in its key cloud unit, while continuing to endure supply constraints.

CNBC - 20h

Meta sticks with big bet on AI even after DeepSeek shook markets

Chief Mark Zuckerberg says group will plough ‘hundreds of billions’ into artificial intelligence

Financial Times - 20h

Wolfspeed posts revenue beat, cites ‘significant progress’ on new operating plan

Wolfspeed Inc.’s stock rose in extended trading Wednesday, after the semiconductor company beat Wall Street’s revenue expectations in its fiscal second-quarter results.

MarketWatch - 20h

Meta shares pop after company beats on revenue

Meta reported earnings after the bell. Here are the results.

CNBC - 22h

IBM shares rise 9% on earnings beat

In a statement, IBM CEO Arvind Krishna said the company has recorded $5 billion in bookings for its generative AI business.

CNBC - 23h

Microsoft shares slide after cloud growth disappoints

Tesla expects vehicle business to return to growth in 2025

Financial Times - 1d

GM stock falls even as company beats analyst expectations on earnings

While investors will be watching GM's quarterly results, they will also be focused on its guidance for 2025 and any changes under the Trump administration.

CNBC - 2d

JetBlue shares tumble 25% after disappointing outlook

The airline is in the middle of a plan to reduce costs by culling unprofitable routes and drumming up revenue with higher-priced seats.

CNBC - 2d

SoFi’s stock sinks as a downbeat outlook negates a big revenue beat

SoFi’s stock sinks as a mixed outlook overshadowed strong Q4 results that included the biggest revenue beat in about three years.

MarketWatch - 2d

Twilio shares pop 20% for biggest gain since Covid pandemic on growth forecast

Twilio shares had their sharpest rally since 2020 on Friday after the company issued an uplifting forecast for the coming years at an investor event.

CNBC - 6d

Novo Nordisk shares pop on early-stage weight loss drug trial results

The Danish pharmaceutical giant reported positive early-stage results for its once weekly amycretin obesity drug.

CNBC - 6d

‘Neo-Nazi Madness’: Meta’s Top AI Lawyer on Why He Fired the Company

In an exclusive interview with WIRED, celebrated intellectual property lawyer Mark Lemley elaborates on why he quit and what he makes of the AI copyright battlefield.

Wired - Jan. 23

Share of U.S. companies in China looking to relocate hits a record high, survey finds

A record share of U.S. companies in China are accelerating their plans to relocate manufacturing or sourcing, according to a business survey released Thursday.

NBC News - Jan. 23

Share of U.S. companies in China looking to relocate hits a record high, survey finds

A record share of U.S. companies in China are accelerating plans to relocate manufacturing or sourcing, according to the American Chamber of Commerce in China.

CNBC - Jan. 23

EA shares drop 7% after company lowers guidance due to weakness in soccer, other games

Electronic Arts slashed its full-year guidance on Wednesday, blaming the shortfall on underperforming games, in particular, its soccer franchise.

CNBC - Jan. 22

Adidas Shares Jump After Preliminary Results Beat Expectations

The sporting-goods company surpassed its own profit expectations amid fierce competition in the sector and as its biggest rival, Nike, continues to pursue a brand revamp strategy.

The Wall Street Journal - Jan. 22

Adidas shares pop 6% as European markets open with positive momentum

European stocks are expected to open higher Wednesday, continuing positive sentiment seen in global markets since the start of the week.

CNBC - Jan. 22

Netflix shares soar as company reports surging revenue, tops 300 million subscribers

The fourth quarter was the last for which Netflix will report quarterly paid subscriber counts.

CNBC - Jan. 21

Netflix shares soar as company reports surging revenue, tops 300 million subscribers

Shares of Netflix soared more than 13% Tuesday after the company posted fourth-quarter results that beat on the top and bottom lines.

NBC News - Jan. 21

Country Garden Shares Rise After Monthslong Suspension

Shares in the company, once one of China’s largest developers, rose on the resumption of trade after it pledged to reach a debt-restructuring deal with creditors.

The Wall Street Journal - Jan. 21

Explaining what Department of Education's startling Title IX memo could mean for revenue-share future

The incoming Trump administration could quickly strike Thursday's 11th-hour guidance

CBS Sports - Jan. 17

Suess Microtec Shares Soar After Forecast-Beating Results

Shares in the German chip-equipment supplier surged after it reported full-year results that exceeded guidance, boosted by AI’s growing momentum.

The Wall Street Journal - Jan. 17

UK companies outpace US businesses in share buybacks

FTSE groups adopt practice that has drawn criticism from lawmakers but research suggests it could lift long-term share price

Financial Times - Jan. 17

Not Many Meta Employees Will Have to Move to Texas After All

Mark Zuckerberg said content moderation teams in California will relocate to Texas to help reduce bias. In practice, employees aren’t expecting many forced relocations.

Wired - Jan. 15

Wells Fargo shares jump after earnings beat, strong 2025 guidance

The lender expects 2025 net interest income, a key measure of what a bank makes on lending, to be 1% to 3% higher than 2024's number of $47.7 billion.

CNBC - Jan. 15

Havertz's wife shares threats after Arsenal loss

The wife of Arsenal player Kai Havertz has shared abusive messages she received on social media after Arsenal lost to Manchester United in the FA Cup on Sunday.

ESPN - Jan. 14

Moderna’s stock tumbles to post-COVID lows after revenue outlook disappoints

Moderna’s stock tumbles after a disappointing outlook for revenue and the need to accelerate its cost-cutting plan.

MarketWatch - Jan. 13

Fears for UK boomer radicalisation on Facebook after Meta drops factcheckers

For middle-aged users, it will be ‘even harder to discern the truth’ among extremist content, expert says. Experts fear the decision by Meta to drop professional factcheckers from Facebook will ...

The Guardian - Jan. 12

‘Companies always cozy up to whoever is in power’: Why Meta is numb to outrage over its fact-checking changes

One human-rights group called Meta’s fact-checking change “exceedingly dangerous.” That didn’t seem to stop the company.

MarketWatch - Jan. 11

Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs

Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.

CNBC - Jan. 10

Meta joins companies rolling back some DEI policies

McDonald's announced earlier this week that the company would end some initiatives centered on diversity, equity and inclusion, or DEI.

ABC News - Jan. 10

EBay shares soar after Meta allows listings on Facebook Marketplace in U.S., Europe

Shares of eBay soared Wednesday as Meta announced it will allow some listings to show up on Facebook Marketplace in Germany, France and the United States.

CNBC - Jan. 8

Meta's fact-checking changes put company under political microscope

Meta’s decision to eliminate its fact-checking program marks a sharp reversal for the major social media company, quickly prompting questions over the firm’s direction as President-elect Trump ...

The Hill - Jan. 7

Drug Company to Share Revenues With Indigenous People Who Donated Their Genes

Variant Bio, a small biotech company based in Seattle, is using genetic information from Indigenous people to develop drugs for obesity and diabetes.

The New York Times - Jan. 7

Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company

Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.

CNBC - Jan. 7

Nvidia, chip stocks pop after Foxconn reports record revenue

Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.

CNBC - Jan. 6

Tesla shares fall as company reports first decline in annual deliveries

Reduced European subsidies, a US shift to lower-priced hybrids and Chinese competition have squeezed EV maker. Tesla reported its first decline in annual deliveries on Thursday, as the automaker ...

The Guardian - Jan. 2

‘I heard the pops and I just ran’: New Orleans in shock after vehicle attack

Residents and tourists recall scrambling for cover as scenes unimaginable unfolded in the French Quarter. The silence on Bourbon Street told much of the story.. At the intersection that marks the ...

The Guardian - Jan. 1

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