Revenue Warning
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Pinterest Stock Jumps on Higher Revenue, Narrower Loss
Pinterest shares jumped after the social-media platform reported higher quarterly revenue and a narrower loss.The Wall Street Journal - World -
Pinterest Records Higher Revenue, Narrower Loss
The social-media platform surpassed half a billion monthly active users and reporting 23% revenue growth, its fastest user and revenue growth since 2021. Shares rose 16% premarket.The Wall Street Journal - World -
Alphabet’s Revenue Jumps 15% to $80.5 Billion
Google’s parent company topped revenue and profit estimates and said that it would offer a stock dividend for the first time.The New York Times - Tech -
Where we're headed: Revenue sharing with college athletes
What does a settlement of the House v. NCAA case entail? And what does it mean for your school? Unpacking a complicated, and fluid, situation.Yahoo Sports - Sports -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
AMD says it will sell $4 billion in AI chips this year; stock drops on in-line forecast
AMD sells AI chips that compete with Nvidia, but it makes most of its money from PC chips.CNBC - Business -
Pinterest shares soar 18% on earnings beat, strong revenue growth
Shares of Pinterest popped in extended trading Tuesday after the company reported first-quarter results.CNBC - Business -
Amazon Reports $143.3 Billion in Revenue for First Quarter of 2024
The company also reported that profit more than tripled, to $10.4 billion, topping Wall Street expectations.The New York Times - Tech -
AMD reports strong Q1 data center revenue offset by weak gaming
Advanced Micro Devices reported strong data center revenue that grew 80% in the first quarter ended March 31, but gaming revenue fell 48%.VentureBeat - Tech -
AMD boosts its outlook for AI revenue, but stock still falls
AMD lifted its outlook for its MI300 AI accelerator product, which is now expected to drive upwards of $4 billion in revenue this year.MarketWatch - Business -
Same-Store Sales at Starbucks Drop, Pushing Revenue Down 1.8%
After the chain’s quarterly earnings missed Wall Street’s estimates, its shares fell more than 12 percent in after-hours trading.The New York Times - Business -
Norwegian Cruise’s stock falls after revenue missed, despite record bookings
Norwegian Cruise’s stock slumped Wednesday, after the cruise operator beat first-quarter profit expectations and raised its full-year outlook amid continued record demand, but missed revenue expectations for the first time in seven quarters.MarketWatch - Business -
Super Micro plummets 14% after posting revenue miss
Super Micro Computer shares plunged on Wednesday after the server company reported third-quarter revenue that slightly missed estimates.CNBC - Business -
Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Mastercard Inc. lowered its GAAP revenue outlook for the full year, but not because it has a more cautious view of the spending landscape.MarketWatch - Business -
Why Small-Business Owners Are Optimistic About 2024 Revenue--but Not the Economy
A new survey unpacks the reasons behind entrepreneurs' rosy outlook and reveals why they're less bullish on the economy overall.Inc. - Business -
Informatica logs earnings beat, following acquisition flirtation with Salesforce
Informatica beat expectations with its latest quarterly results, but its stock wasn’t reacting.MarketWatch - Business -
First-Quarter Exits Boost Carlyle Distributable Earnings, But Revenue Falls
The firm saw one of its flagship funds become ineligible, at least temporarily, for carried interest.The Wall Street Journal - World -
Can a Warning Label Make Us Eat Healthier?
The FDA is considering making food manufacturers put labels on the front of packages to improve American diets.The Wall Street Journal - World -
NBA playoffs sending early warnings to Warriors this offseason
The Warriors' crucial offseason became more evident just a few days into the 2024 NBA playoffs, writes Monte Poole.Yahoo Sports - Sports - NBA -
Pinterest’s stock soars 17% on big revenue and profit beat, 500 million monthly active users
Pinterest Inc.’s stock soared in extended trading Tuesday following quarterly results and revenue guidance that exceeded Wall Street estimates.MarketWatch - Business -
Coca-Cola beats first-quarter earnings estimates, raises annual revenue outlook
Coca-Cola Co. reported better-than-expected first-quarter results before market open Tuesday, boosted by what the beverage giant described as “a dynamic backdrop.”MarketWatch - Business -
Super Micro pushes up full-year revenue forecast as it points to strong AI demand
Super Micro is now a component of the S&P 500 index. The company's growth accelerated to 200% from 103% in the previous quarter, but revenue still missed.CNBC - Business -
Starbucks’ stock sinks 12% as ‘cautious’ consumers, more headwinds hit profit, revenue
Starbucks reported fiscal second-quarter earnings late Tuesday that were wide off the mark.MarketWatch - Business -
Pfizer beats earnings estimates, raises outlook on cost cuts and smaller-than-feared drop in Covid drug sales
The pharmaceutical giant's quarterly results also benefited from a smaller-than-feared drop in sales for its Covid antiviral pill Paxlovid.CNBC - Business - Covid -
New York Community Bancorp’s stock jumps more than 30% after reporting narrower-than-expected loss
New CEO Joseph Otting sees a “path to profitability” in the next two years.MarketWatch - Business - New York -
Taco Bell parent Yum Brands’ stock slides on first-quarter earnings and revenue miss
Yum Brands’ CEO David Gibbs described “a difficult operating environment” during the first quarter.MarketWatch - Business -
Qualcomm gives better-than-expected revenue forecast as company pushes AI-powered smartphones
Qualcomm called out strong demand for "premium tier" smartphones that require the most advanced chips.CNBC - Business -
‘Russian fertiliser is the new gas’ for Europe, top producer warns
Imports of urea into the EU doubled in the wake of Moscow’s invasion of UkraineFinancial Times - Business - Russia -
Hunt warns FCA against ‘naming and shaming’ companies being investigated
Rare intervention with regulator by chancellor who says proposal could go against duty to promote growthFinancial Times - Business -
McDonald's and other big brands warn that low-income consumers are starting to crack
Higher prices have weighed on customers in an array of industries that interact with consumers.CNBC - Business -
Washington’s weird marriage of convenience — hoodied John Fetterman and straitlaced Andy Kim
They don’t have much in common besides being Democrats who don’t want Bob Menendez in the SenatePolitico - Politics -
Washington’s weird marriage of convenience — hoodied John Fetterman and straitlaced Andy Kim
They don’t have much in common besides being Democrats who don’t want Bob Menendez in the SenatePolitico - Politics -
Washington’s weird marriage of convenience — hoodied John Fetterman and straitlaced Andy Kim
They don’t have much in common besides being Democrats who don’t want Bob Menendez in the SenatePolitico - Politics -
Washington’s weird marriage of convenience — hoodied John Fetterman and straitlaced Andy Kim
They don’t have much in common besides being Democrats who don’t want Bob Menendez in the SenatePolitico - Politics -
Washington’s weird marriage of convenience — hoodied John Fetterman and straitlaced Andy Kim
They don’t have much in common besides being Democrats who don’t want Bob Menendez in the SenatePolitico - Politics -
Washington’s weird marriage of convenience — hoodied John Fetterman and straitlaced Andy Kim
They don’t have much in common besides being Democrats who don’t want Bob Menendez in the SenatePolitico - Politics -
Washington’s weird marriage of convenience — hoodied John Fetterman and straitlaced Andy Kim
They don’t have much in common besides being Democrats who don’t want Bob Menendez in the SenatePolitico - Politics -
Washington’s weird marriage of convenience — hoodied John Fetterman and straitlaced Andy Kim
They don’t have much in common besides being Democrats who don’t want Bob Menendez in the SenatePolitico - Politics -
Washington’s weird marriage of convenience — hoodied John Fetterman and straitlaced Andy Kim
They don’t have much in common besides being Democrats who don’t want Bob Menendez in the SenatePolitico - Politics -
Washington’s weird marriage of convenience — hoodied John Fetterman and straitlaced Andy Kim
They don’t have much in common besides being Democrats who don’t want Bob Menendez in the SenatePolitico - Politics