Brian Chesky, chief executive officer and co-founder of Airbnb Inc., speaks during an Economic Club of New York luncheon at the New York Stock Exchange (NYSE) in New York, U.S., on Monday, March 13, 2017. Michael Nagle | Bloomberg | Getty Images Short-term rental booking company Airbnb’s stock rose more than 4% in after-hours trading
Earnings
New England Patriots cornerback Stephon Gilmore (24) stretches during the New England Patriots practice session in Foxborough, MA on Oct. 22, 2020. Barry Chin | Boston Globe | Getty Images Shares of sports betting company DraftKings jumped as much as 3.6% in the premarket trading Friday after the company reported fiscal fourth quarter 2020 earnings
An employee walks past a quilt displaying Etsy signage at the company’s headquarters in Brooklyn, New York. Victor J. Blue | Bloomberg | Getty Images Etsy reported better-than-expected fourth-quarter results after the bell on Thursday, including soaring profits and 129% revenue growth. The stock rose more than 8% in extended trading following the report. Here’s
Beyond Meat “Beyond Burger” patties made from plant-based substitutes for meat products sit on a shelf for sale in New York City. Angela Weiss | AFP | Getty Images Beyond Meat on Thursday announced that it has struck deals with fast-food giants McDonald’s and Yum Brands, sending shares up 7% in extended trading. The company
An employee removes a pizza from the oven at a Domino’s Pizza restaurant in Rantoul, Illinois. Daniel Acker | Bloomberg | Getty Images Domino’s Pizza on Thursday reported quarterly earnings missed estimates as pandemic costs weighed on profits and U.S. same-store sales growth slowed. The pizza chain also released a new outlook for the next two to
Nvidia founder, President and CEO Jen-Hsun Huang Getty Images Nvidia beat elevated analyst expectations for both earnings and revenue for the fourth quarter of its fiscal year, which ended in December. Nvidia stock rose under 2% in extended trading. Here’s how Nvidia did: Earnings: $3.10 per share, adjusted, vs. $2.81 per share as expected by
Shoppers wearing protective masks wait in line to enter a Lowe’s Cos. store in San Bruno, California, U.S., on Wednesday, May 20, 2020. David Paul Morris | Bloomberg | Getty Images Lowe’s said Wednesday that its fourth-quarter same-store sales climbed 28.1%, as consumers continued to spend money on home projects during the pandemic. That’s higher
A worker wearing a protective mask arranges shopping carts outside a Walmart store in Duarte, California, U.S., on Thursday, Nov. 12, 2020. David Swanson | Bloomberg | Getty Images Walmart is set to report its fiscal fourth-quarter earnings before the bell on Thursday. Here’s what Wall Street is expecting: Earnings per share: $1.50 expected, according
Jeff Lawson CEO, Twilio Scott Mlyn | CNBC Twilio shares rose more than 12% in extended trading on Wednesday after the cloud communications company reported better-than-expected fourth-quarter results, including a surprise adjusted profit. Here’s how the company did: Earnings: 4 cents per share, adjusted, vs. loss of 8 cents per share as expected by analysts,
People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters CVS Health‘s fourth-quarter earnings beat Wall Street’s expectations as its pharmacy sales got a lift from providing Covid-19 testing and vaccines. Shares of the company are up slightly in premarket trading. Here’s what the company reported
Alex Karp, CEO of Palantir arrives ahead of a “Tech For Good” meetup at Hotel Marigny in Paris on May 15, 2019, held to discuss good conduct for technology giants. Bertrand Guay | AFP | Getty Images Palantir reported a loss for the fourth quarter of 2020, while revenue beat analysts’ expectations in its earnings
Bob Chapek, CEO of the Walt Disney Company and former head of Walt Disney Parks and Experiences, speaks during a media preview of the D23 Expo 2019 in Anaheim, California, Aug. 22, 2019. Patrick T. Fallon | Bloomberg via Getty Images Disney is set to report earnings for the first quarter of 2021 after the
An employee cleans the grounds behind the closed gates of Disneyland Park on the first day of the closure of Disneyland and Disney California Adventure theme parks, in Anaheim, California, on March 14, 2020. DAVID MCNEW | AFP | Getty Images Disney took another financial hit during its fiscal first-quarter, as restrictions on attendance at its
Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ estimates, fueled by the growth of its snacks and drinks. On the heels of its strong quarter, the Frito-Lay owner said that it expects its 2021 results to
Chuck Robbins, chief executive officer of Cisco Technologies Inc., speaks during a panel session at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 17, 2017. World leaders, influential executives, bankers and policy makers attend the 47th annual meeting of the World Economic Forum in Davos from Jan. 17 – 20. Jason Alden
Products are displayed in an Under Armour store in New York City, November 4, 2019. Brendan McDermid | Reuters Under Armour on Wednesday reported a surprise profit for the holiday quarter, with sales boosted by strong digital growth and expenses kept in check. The retailer has been one key beneficiary during the Covid pandemic, along
GM CEO and chairman Mary Barra speaks during an “EV Day” on March 4, 2020 at the company’s tech and design campus in Warren, Mich., a suburb of Detroit GM General Motors is set to report its fourth-quarter earnings before the bell on Wednesday. Here’s what Wall Street is expecting, based on average analysts’ estimates
A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S., August 20, 2020. Mike Blake | Reuters Rideshare company Lyft reported fourth-quarter earnings on Tuesday,
Twitter and Square CEO Jack Dorsey speaks during a press event at CES 2019 on January 9, 2019 in Las Vegas, Nevada. David Becker | Getty Images News | Getty Images Twitter’s stock was flat in after-hours trading on Tuesday after the company reported its fourth-quarter earnings, as the company beat Wall Street’s earnings and
Cristiano Amon, president of Qualcomm and Qualcomm CDMA Technologies, responds to a question during a panel discussion on 5G wireless broadband technology during the 2018 CES in Las Vegas, Nevada, U.S. January 10, 2018. Steve Marcus | Reuters Qualcomm reported first quarter earnings after the bell Wednesday. Adjusted earnings beat expectations but Qualcomm’s sales were