Home Tags Earnings

Tag: Earnings

Cisco CEO Chuck Robbins

Cisco beats Wall Street by a hair on earnings

Cisco reported its Q4 2018 earnings on Wednesday after the bell. Here are the key numbers vs. Wall Street's expectations.
FILE PHOTO: Tencent's booth is pictured at the GMIC in Beijing

Stocks get whacked after Tencent’s rare profit decline raises growth concerns

Stocks fell Wednesday after a Chinese technology giant Tencent reported a rare profit decline. Technology and energy companies took the biggest hits following the disappointing earnings report, which stoked fears of slowing growth. The dollar rose, and Treasury yields fell.
Things are starting to look dire at MoviePass.

MoviePass has less than 3 months left before it runs out of cash — and its latest changes won’t save it

Helios and Matheson Analytics, MoviePass' parent company, warned again Tuesday that it was running low on funds and may not be able to stay in business, despite issuing millions of new shares.
Traders react near the end of the day on the floor of the New York Stock Exchange in New York

Stocks rise as Turkish lira steadies

Stocks rose Tuesday following solid economic data and strong earnings. The dollar and Treasury yields extended gains.

Millennials are snapping up the world’s largest publicly traded marijuana company ahead of its earnings report

Canopy soared earlier this year when Canada passed legislation legalizing marijuana throughout the country. However, it saw heavy selling Tuesday, down 7%, alongside similar stocks as the Ontario province delayed the launch of brick-and-mortar marijuana sales until April 2019.

Roku’s plan to take on Amazon and Netflix seems to be working — and has the stock gunning for a new record high

"It's a mainstream ad business," CEO Anthony Wood told analysts on a conference call. More than half of the top 200 advertisers listed by Ad Age now advertise via Roku, he said.
Snap CEO Evan Spiegel, left, with Prince Alwaleed Bin Talal of Saudi Arabia. Prince Alwaleed announced on August 7 that he'd taken a 2.3% stake in Snap.

A Saudi prince now owns $250 million worth of Snap, making him one of its biggest investors

Saudi Prince Alwaleed Bin Talal, a businessman who already owns stakes in Twitter and Lyft, announced Tuesday he's invested $250 million in Snap.
Co-Founder and CEO of Snap Inc. Evan Spiegel.

Snap soared way up after beating Wall Street expectations — then plummeted on signs of weakness to come

Snapchat's parent company announced smaller-than-expected losses, and now it's soaring.
Visitors walk towards the Sleeping Beauty Castle during a visit to the Disneyland Paris Resort.

Millennials are snapping up Disney ahead of earnings

Disney and Fox shareholders have approved the merger, but the deal’s completion is still at the hands of regulators in the US and internationally. And even once completed, the Fox buyout will mean more work is ahead for Disney, analysts say.