Airbnb Stock Plummets As JPMorgan Analyst Praises ‘Solid Q1, Stable Q2, Acceleration In Q3’
Airbnb management expects revenue growth to accelerate in Q3, driven by a "strong summer backlog," analyst says.
Norfolk Southern Shareholders Vote On CEO’s Future, Deny Activist Investor’s Overhaul Plan
Norfolk Southern shares dip in premarket trading amid shareholder vote on CEO's fate and activist investor's push for management overhaul.
Planet Fitness Feels The Burn: Lowers Outlook Amid Tough Q1, Eyes Recovery
Planet Fitness shares rise despite Q1 earnings missing estimates, with revenue and adjusted EBITDA showing growth, though outlook dims.
Spectrum Brands Posts Upbeat Results, Joins AerSale, Sinclair, ICU Medical And Other Big Stocks Moving Higher On Thursday
U.S. stocks were mixed, with the Dow Jones gaining around 100 points on Thursday. Shares of Spectrum Brands…
Plug Power Faces Stiff Headwinds In Q1, Optimistic About Future Margins
PLUG reported 42.8% decline in Q1 revenue, lower net loss & gross loss. Expects 1/3 of total revenue in H1. Raised prices for positive margins.
What’s Going On With Carvana Stock Today?
Carvana shares trade slightly lower despite NHTSA's approval of e-signatures; strong Q1 results show 16% retail unit growth and positive adjusted EBITDA.
EPAM Systems Faces Rough Waters Ahead; Stock Tanks
EPAM Systems, shares drop after reporting Q1 FY24 results. Sales declined to $1.17B, beating estimates. Adjusted EPS of $2.46 beat consensus.
Ethereum Falls Below $3,000 Following Jobless Claims Data; Pendle Becomes Top Loser
Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices falling below the key $61,000 level on Thursday.
Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $3,000 mark this morning.
Google Parent Alphabet Eyes HubSpot Acquisition: Bloomberg
Alphabet Inc (NASDAQ:GOOGL) eyes HubSpot Inc. (NYSE: HUBS) in a strategic move poised to reshape the CRM sector. With HubSpot's soaring market capitalization and Alphabet's vision to bolster its CRM foothold, the potential acquisition signals a significant shift in the tech landscape. Amidst the surge in HubSpot's shares, Alphabet's interest underscores its commitment to diversify and compete against CRM giants like Microsoft Corp (NASDAQ:MSFT) and Salesforce Inc (NYSE:CRM).
Fashion Giant Tapestry Trims FY24 Revenue Outlook Amid Mixed Bag Of Q3 Earnings
apestry Inc reports third-quarter FY24 results, with sales at $1.48 billion, slightly below estimates. Adjusted EPS beats expectations at $0.81, showcasing resilience amid challenges. Despite a 2% sales dip, gross profit rises 1% Y/Y, highlighting operational strength.