Stock down 9% on sales guidance
The logo of semiconductor design firm Arm on a chip. Jakub Porzycki | Nurphoto | Getty Images Shares of British chip designer Arm fell 8.8% in premarket trading on Thursday, …
Earnings
Uber (UBER) Q1 2024 earnings
Uber reported first-quarter results Wednesday that came in slightly above analysts’ estimates for revenue, but the ride-hailing company posted an unexpected net loss. Shares of Uber closed down more than …
Applebee’s owner Dine Brands targets fast-food customers
Applebee’s and IHOP owner Dine Brands thinks its deals can lure away fast-food customers who have grown frustrated with menu prices. As consumers pull back their restaurant spending, Applebee’s and …
Airbnb (ABNB) Q1 2024 earnings
In this photo illustration, the Airbnb logo is displayed on a computer monitor and cell phone on February 13, 2024 in Los Angeles, California. Mario Tama | Getty Images Airbnb …
AB InBev grows revenue with Bud Light boycott impact set to ease
AB InBev Budweiser and Bud Light brand beer cans at a store in the Queens borough of New York on Feb. 28, 2024. Bloomberg | Getty Images Shares of Belgium’s …
Morgan Stanley warns against chasing China stocks rally as rebound may stall
Investors should exercise caution while chasing Chinese stocks, among the best performers globally last month, amid technical signs the market is in overbought territory and global fund managers have already …
Siemens Energy shares soar 12% as firm plans leadership change at wind turbine unit
Power-generating Siemens 2.37 megawatt (MW) wind turbines are seen at the Ocotillo Wind Energy Facility California, May 29, 2020. Bing Guan | Reuters Siemens Energy shares soared 12% on Wednesday …
What we know about the consumer so far
A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas. Brandon Bell | Getty Images The state of the consumer in 2024 is already taking …
Oddity Tech (ODD) earnings Q1 2024
As Ulta Beauty says it expects a slowdown in retail’s most resilient category, an upstart says it’s bucking the trend. Oddity Tech – the newly public Israeli cosmetics platform that …
Reddit (RDDT) Q1 2024 earnings
Reddit CEO Steve Huffman hugs mascot Snoo as Reddit begins trading on the New York Stock Exchange (NYSE) in New York on March 21, 2024. Timothy A. Clary | AFP …