Tag: earnings

Trade Desk, Expedia rise; Capri Holdings, Five9 fall, Friday, 8/9/2024

Stocks that traded heavily or had substantial price changes on Friday: Trade Desk, Expedia rise; Capri Holdings, Five9 fallNEW YORK -- Stocks that...

Disney returns to profit in third quarter as streaming business starts making money for first time

The Walt Disney Co. returned to a profitable third quarter as its combined streaming business started making money for the first time and...

Airbnb's second-quarter profit fell 15% despite its revenue rising 11% on stronger bookings

Airbnb says its profit fell 15% in the second quarter from a year earlier, as higher income taxes cut into the short-term rental...

Lucid pumps $1.5B from Saudi wealth fund after CEO warned relying on its ‘bottomless wealth’ was ‘dangerous’

Saudi Arabia is committing even more money to Lucid Motors as the EV startup struggles to erase its losses. Lucid announced Monday as...

Warren Buffett surprises by slashing Berkshire Hathaway's longtime Apple stake in second quarter

OMAHA, Neb. -- Investor Warren Buffett 's company recorded a $47 billion gain on stock sales during the second quarter as he slashed...

Amazon reports boost in quarterly profits but misses revenue estimates

Amazon reported a boost in its quarterly profits Thursday, but the company missed revenue estimates, sending its stock lower in after-hours trading. The...