Trump Media & Technology posts $327M loss on little revenue
Trump Media & Technology Group, the owner of former President Donald Trump’s social networking site Truth Social, lost more than $300 ...
Tag: corporate earnings
Uber shares dip as Lyft zooms with female drivers
Uber stock tumbled Wednesday after the ride-share and food delivery company reported a surprise first-quarter loss and a weak outlook ...
Disney to cap Marvel output at 3 movies per year to focus on ‘quality’
Disney said it will release no more than three Marvel movies and up to two Disney+ shows each year as ...
HelloFresh shares plummet 42% after ‘disappointing’ outlook
HelloFresh shares plunged 42% on Friday after the meal kit-maker reported a disappointing earnings outlook, saying fiscal year 2024 adjusted ...
Nvidia shares surge past $700 as demand for AI chips shows no signs of slowing
Chip designer Nvidia shares surged in after-hours trading on Wednesday after the company forecast revenue above estimates, banking on towering demand for ...
Typo in earnings report sends Lyft stock soaring by 67%
A typo in Lyft’s earnings report overstated a key profit metric by a factor of 10 — sparking a 67% ...
Instacart cutting 250 jobs weak sales growth sends shares plunging
Instacart said Tuesday it plans to cut 250 jobs, or about 7% of its workforce, to focus on “promising” initiatives. However, ...
Soho House says it may go private after short seller says it’s not profitable
Soho House may take the members-only clubs private after a short seller doubled down on a declaration that the publicly ...
Personal use of corporate jets has soared 50%, costs companies $65M
Executives using corporate jets for personal travel has soared 50% since the pandemic — a free perk that has cost ...
SL Green boosts portfolio with deals at Park Ave. office towers
SL Green CEO Marc Holliday should have plenty to crow about on the leasing front at Monday’s third-quarter investors conference ...
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