[ad_1] Micron Technology Inc.’s results and outlook show the memory-chip market is probably at its worst downturn in 13 years and analysts expect the bounce back may take a while.…
[ad_1] Electric-vehicle maker Tesla Inc.’s shares declined for the fourth consecutive session Wednesday, after a report of a hiring freeze and plans for layoffs. Tesla TSLA, -0.17% is planning layoffs…
[ad_1] U.S. stock futures advanced on Wednesday, with Wall Street poised to build on its climb out of a four-straight losing hole as the long Christmas weekend nears. Well-received results…
[ad_1] Cybersecurity and Internet-of-Things company BlackBerry Ltd. late Tuesday reported quarterly results that topped Wall Street expectations, although shares did little in after-hours trading. BlackBerry BB, +0.97% reported a third-quarter…
[ad_1] “Avatar: The Way of Water” couldn’t reverse Walt Disney Co.’s recent funk, which has the stock on a path for its worst year since 1974. Disney shares DIS, -4.77%…
[ad_1] Cosmos Health Inc.’s stock pulled back Monday after the company announced the pricing of a $32.5 million registered direct offering, wiping away Friday’s big gains. Cosmos COSM, -63.15% stock fell…
[ad_1] New York State has officially banned the sale of dogs, cats and rabbits at retail pet stores in hopes of improving pet-adoption rates and ending the puppy-mill pipeline. “Dogs,…
[ad_1] Tesla Inc. shares Friday wrapped up their worst week since 2020, as Chief Executive Elon Musk sold billions in stock and faced a call from a prominent investor to…
[ad_1] U.K. retail sales decreased in November, adding to evidence of weak consumer spending midway through the fourth quarter as high inflation and rising interest rates hit households’ incomes. Retail…
[ad_1] Adobe Inc. shares rose in the extended session Thursday after the software company capped off its fiscal year by topping quarterly earnings expectations, and reminded analysts of its accuracy…
[ad_1] Oh Snap! Despite a roughly 80% decline in the price of Snap Inc.’s SNAP stock so far this year, Jefferies analyst James Heaney still sees reason for caution. He…
[ad_1] Elon Musk, CEO of Tesla, Twitter and SpaceX, has officially been overtaken as the richest person in the world. According to the Forbes’s real-time billionaires list, Bernard Arnault, chair and CEO…
[ad_1] Deutsche Lufthansa AG on Tuesday raised its earnings outlook for 2022 on strong demand for air travel, and said that its earnings performance in October and November exceeded expectations.…
[ad_1] Oracle Corp. topped Wall Street’s expectations for profit and revenue in its most recent quarter, but the software company’s earnings guidance came in slightly lower than Wall Street expected.…
[ad_1] Tesla Inc. stock on Monday ended at a fresh two-year low, going against broader market strength and as December losses look poised to match November’s and October’s double-digit declines.…
[ad_1] Fake-meat maker Beyond Meat Inc. faces weakening demand and more competition — including from real meat — with more losses likely up ahead, an analyst said in making the…
[ad_1] Shares of DocuSign were flying higher in aftermarket action Thursday after the e-signature company topped expectations with its latest financial results. The company posted a fiscal third-quarter net loss…
[ad_1] Southwest Airlines Co. has promised Wall Street to return its route network to prepandemic levels by the end of next year, and said that leisure and business-travel booking trends…
[ad_1] Shares of Meta Platforms Inc. plunged more than 6% Tuesday after European Union regulators dealt its digital-ad business a potentially devastating blow. Privacy officials ruled Facebook’s parent company META,…
[ad_1] Shares of Textron Inc. TXT, -1.96% were trading higher in Monday’s after-hours session following the company’s announcement it was awarded the development contract for the U.S. Army’s Future Long-Range…
[ad_1] Funko Inc. is putting its longtime chief executive back in charge of the business and looking for new executives to join him after a disappointing holiday forecast chopped the…
[ad_1] New Zealand intends to require large tech companies like Google and Meta to compensate local media companies for content they use and share on their platforms. Willie Jackson, New…
[ad_1] Shares of Fidelity National Information Services Inc. notched their best weekly performance since the early days of the pandemic this week as analysts chimed in with upbeat views about…
[ad_1] Investors should buy Zillow Group Inc. now, UBS says, even if they have to wait a year before the U.S. housing market starts improving. Analyst Lloyd Walmsley initiated research…
[ad_1] Shares of Samsara Inc. surged toward their best day on record Friday after the maker of internet-of-things technologies topped expectations with its latest results and outlook, soothing macroeconomic fears.…
Micron’s recovery from ‘worst memory downturn in 13 years’ will take time, analyst says
[ad_1] Micron Technology Inc.’s results and outlook show the memory-chip market is probably at its worst downturn in 13 years and analysts expect the bounce back may take a while.…
Tesla stock’s losing streak continues after report of hiring freeze, layoff plans
[ad_1] Electric-vehicle maker Tesla Inc.’s shares declined for the fourth consecutive session Wednesday, after a report of a hiring freeze and plans for layoffs. Tesla TSLA, -0.17% is planning layoffs…
Dow futures climb over 200 points after Wall Street snaps a losing run
[ad_1] U.S. stock futures advanced on Wednesday, with Wall Street poised to build on its climb out of a four-straight losing hole as the long Christmas weekend nears. Well-received results…
BlackBerry’s third quarter tops Wall Street’s earnings expectations
[ad_1] Cybersecurity and Internet-of-Things company BlackBerry Ltd. late Tuesday reported quarterly results that topped Wall Street expectations, although shares did little in after-hours trading. BlackBerry BB, +0.97% reported a third-quarter…
Disney stock on its way to worst year since 1974 after ‘Avatar’ sequel disappoints
[ad_1] “Avatar: The Way of Water” couldn’t reverse Walt Disney Co.’s recent funk, which has the stock on a path for its worst year since 1974. Disney shares DIS, -4.77%…
Cosmos Health looks to sell stock, loses Friday’s big surge
[ad_1] Cosmos Health Inc.’s stock pulled back Monday after the company announced the pricing of a $32.5 million registered direct offering, wiping away Friday’s big gains. Cosmos COSM, -63.15% stock fell…
New York bans sales of dogs, cats and rabbits in retail stores
[ad_1] New York State has officially banned the sale of dogs, cats and rabbits at retail pet stores in hopes of improving pet-adoption rates and ending the puppy-mill pipeline. “Dogs,…
Tesla stock suffers worst week since 2020 as Elon Musk sells, large shareholder asks for new CEO
[ad_1] Tesla Inc. shares Friday wrapped up their worst week since 2020, as Chief Executive Elon Musk sold billions in stock and faced a call from a prominent investor to…
U.K. retail sales fell in November, missing expectations for an increase
[ad_1] U.K. retail sales decreased in November, adding to evidence of weak consumer spending midway through the fourth quarter as high inflation and rising interest rates hit households’ incomes. Retail…
Adobe stock jumps after earnings beat, in-line annual forecast
[ad_1] Adobe Inc. shares rose in the extended session Thursday after the software company capped off its fiscal year by topping quarterly earnings expectations, and reminded analysts of its accuracy…
Snap stock is down 80% this year, but analyst still sees too much optimism
[ad_1] Oh Snap! Despite a roughly 80% decline in the price of Snap Inc.’s SNAP stock so far this year, Jefferies analyst James Heaney still sees reason for caution. He…
Elon Musk loses spot as the richest person in the world as Tesla shares drop
[ad_1] Elon Musk, CEO of Tesla, Twitter and SpaceX, has officially been overtaken as the richest person in the world. According to the Forbes’s real-time billionaires list, Bernard Arnault, chair and CEO…
Lufthansa raises 2022 outlook on strong air travel demand
[ad_1] Deutsche Lufthansa AG on Tuesday raised its earnings outlook for 2022 on strong demand for air travel, and said that its earnings performance in October and November exceeded expectations.…
Oracle stock rises as earnings and revenue beat, but profit forecast comes in slightly short
[ad_1] Oracle Corp. topped Wall Street’s expectations for profit and revenue in its most recent quarter, but the software company’s earnings guidance came in slightly lower than Wall Street expected.…
Tesla stock ends at fresh two-year low, bucking broader market trend
[ad_1] Tesla Inc. stock on Monday ended at a fresh two-year low, going against broader market strength and as December losses look poised to match November’s and October’s double-digit declines.…
Beyond Meat is starting to lose ground to real meat, analyst says
[ad_1] Fake-meat maker Beyond Meat Inc. faces weakening demand and more competition — including from real meat — with more losses likely up ahead, an analyst said in making the…
DocuSign stock shoots higher after big earnings beat
[ad_1] Shares of DocuSign were flying higher in aftermarket action Thursday after the e-signature company topped expectations with its latest financial results. The company posted a fiscal third-quarter net loss…
Southwest sees ‘strong’ bookings next year, vows to restore prepandemic route network
[ad_1] Southwest Airlines Co. has promised Wall Street to return its route network to prepandemic levels by the end of next year, and said that leisure and business-travel booking trends…
EU ruling could ‘kneecap’ Meta’s digital ad revenue: report
[ad_1] Shares of Meta Platforms Inc. plunged more than 6% Tuesday after European Union regulators dealt its digital-ad business a potentially devastating blow. Privacy officials ruled Facebook’s parent company META,…
Textron wins U.S. Army development contract, shares surge 8%
[ad_1] Shares of Textron Inc. TXT, -1.96% were trading higher in Monday’s after-hours session following the company’s announcement it was awarded the development contract for the U.S. Army’s Future Long-Range…
Funko brings back former CEO, drops CFO after massive decline for stock on holiday forecast
[ad_1] Funko Inc. is putting its longtime chief executive back in charge of the business and looking for new executives to join him after a disappointing holiday forecast chopped the…
New Zealand plans law to force Google, Meta to pay news publishers for content
[ad_1] New Zealand intends to require large tech companies like Google and Meta to compensate local media companies for content they use and share on their platforms. Willie Jackson, New…
FIS stock enjoys best week since 2020, marking bright spot in tough recent stretch
[ad_1] Shares of Fidelity National Information Services Inc. notched their best weekly performance since the early days of the pandemic this week as analysts chimed in with upbeat views about…
Buy Zillow stock, UBS says, as ‘maximum uncertainty’ presents a good entry point
[ad_1] Investors should buy Zillow Group Inc. now, UBS says, even if they have to wait a year before the U.S. housing market starts improving. Analyst Lloyd Walmsley initiated research…
Samsara stock soars toward best day on record after earnings top estimates
[ad_1] Shares of Samsara Inc. surged toward their best day on record Friday after the maker of internet-of-things technologies topped expectations with its latest results and outlook, soothing macroeconomic fears.…