Latest in Companies Make Changes
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Roku’s stock sinks after streaming company posts another quarterly loss
Roku Inc.’s stock fell in after-hours trade Wednesday, after the streaming platform posted another quarterly loss and flat average revenue per user.Business - MarketWatch - 5 days ago -
EBay stock sinks after lackluster Q4 guidance, election distraction
EBay reported better-than-expected earnings for the third quarter, but the results were overshadowed by a disappointing forecast for the current period.Business - CNBC - 5 days ago -
Robinhood earnings disappoint Wall Street despite company’s upward trajectory
The online brokerage’s third-quarter earnings missed analyst forecasts for both revenue and earnings per share.Business - MarketWatch - 5 days ago -
Chinese smartphone company Honor gets new investors as it gears up for IPO
Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.Business - CNBC - 5 days ago -
Jack Dorsey's payments company Block expands corporate card service to the UK
Block, the payments company owned by tech billionaire Jack Dorsey, has launched its corporate card service in the U.K.Business - CNBC - 5 days ago -
Merck’s stock slides as Q3 earnings beat estimates, but company lowers guidance
Merck’s stock fell Thursday morning, despite the company beating profit and sales estimates for the third quarter.Business - MarketWatch - 5 days ago -
Bristol Myers’s stock pops as earnings top estimates and company raises guidance
The company says it “made important strides in the third quarter.”Business - MarketWatch - 5 days ago -
Autonomous Trucking Company Aurora Delays Driverless Freight Launch
The Pittsburgh company will not start carrying cargo without drivers until April, when it plans the debut of its Dallas-to-Houston run.Business - Inc. - 5 days ago -
More Companies Boost Climate and Social Reporting Despite ESG Backlash
Despite sustained pressure from conservative politicians and activists, businesses are responding to investors and regulators who want to know about environmental, social and governance issues.Business - Inc. - 5 days ago -
Apple sales rise 6%, company seeing early iPhone 16 demand
Apple reported earnings after the bell. Here are the results.Business - CNBC - 4 days ago -
Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion
The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.Tech - The New York Times - 4 days ago -
Security Tech Company Evolv Fires CEO Peter George
The chief executive was fired by the company board, not long after news of an internal investigation into its sales figures.Business - Inc. - 4 days ago -
Marc Benioff is in talks to sell media company Time to Antenna Group
Benioff acquired Time in 2018 for $190 million. Early talks to sell to Antenna have centered around a price of $150 million, according to a person familiar.Business - CNBC - 4 days ago -
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London protesters demand water companies clean up sewage-tainted rivers
Thousands of people have marched in London to demand a cleanup of Britain’s sewage-clogged waterwaysWorld - ABC News - 2 days ago
