Check out the companies making headlines in midday trading: Spotify — Shares of the music streaming company lost 3.5% on the back of disappointing results. Spotify reported first-quarter operating income of 509 million euros, while analysts polled by FactSet expected 519.9 million euros. Spotify’s revenue of 4.2 billion euros was in line with estimates, while…
Check out the companies making headlines in midday trading: Spotify — Shares of the music streaming company lost 3.5% on the back of disappointing results. Spotify reported first-quarter operating income of 509 million euros, while analysts polled by FactSet expected 519.9 million euros. Spotify’s revenue of 4.2 billion euros was in line with estimates, while…
Check out the companies making headlines in after-hours trading. Alphabet – Shares of the Google-parent gained about 5% after its first-quarter results topped Wall Street’s expectations. Alphabet earned $2.81 per share on $90.23 billion in revenue for the quarter, while analysts surveyed by LSEG had expected $2.01 per share and $89.12 billion in revenue. Intel…
Check out the companies making headlines before the bell. Boeing – The aerospace stock rose more than 5% after the company reported a narrower loss for the first quarter . Boeing said it had a net loss of $31 million in the first quarter, improving on the $355 million loss in the same period last…
Nike on Thursday warned that sales will drop by a double digit percentage in its current quarter, as the sneaker giant’s turnaround plan takes longer than expected while it contends with new tariffs and sliding consumer confidence. In a conference call with analysts, finance chief Matt Friend said Nike expects its sales decline in the…
Customers shop at a Costco Wholesale store on January 31, 2025 in Chicago, Illinois. Scott Olson | Getty Images Costco on Thursday reported an earnings miss, but beat expectations for revenue for the second quarter. Here’s how the wholesale company did compared with what Wall Street was expecting for the quarter ended Feb. 16, based…
Check out the companies making headlines before the bell. MongoDB – The database software maker tumbled 18% after issuing weak guidance for fiscal 2026. MongoDB anticipates adjusted earnings per share of $2.44 to $2.62, below the $3.34 per share expected from analysts polled by LSEG. It guided for revenue of $2.24 billion to $2.28 billion,…
Check out the companies making headlines in premarket trading. Super Micro Computer — Shares soared 21% after the technology company met the Nasdaq’s listing deadline to report financial results for the most recent fiscal year to the Securities and Exchange Commission. The firm said it has “regained compliance” with the Nasdaq for its filling requirements….
DETROIT – General Motors is raising its quarterly dividend and initiating a new $6 billion share repurchase program as the company attempts to reward investors amid slowing industry sales and profits. GM announced Wednesday it is increasing its quarterly dividend by 25% to 15 cents per share — matching that of crosstown rival Ford Motor….
Check out the companies making headlines in after-hours trading: Hims & Hers Health — The telehealth stock fell more than 17%. Hims & Hers reported a gross margin of 77% for the fourth quarter, while analysts polled by StreetAccount expected 78.4%. This overshadowed the company’s top- and bottom-line beats for the quarter. Zoom Communications —…
