Friday, November 29, 2024
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Stock Market

Stock Market

Informatica logs earnings beat, following acquisition flirtation with Salesforce

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Informatica beat expectations with its latest quarterly results, but its stock wasn’t reacting. Source link
Stock Market

Why ‘sell in May and go away’ could be a bit premature for stocks, according to one chart

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The U.S. stock market has kicked off May trading mostly lower, with the S&P 500 down Wednesday after slumping in April. Source link
Stock Market

Enovix shrinks quarterly loss, vows to cut costs as battery maker’s stock soars 20%

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Battery maker narrows quarterly loss and says it plans to cut more costs on its road to profitability. Source link
Stock Market

Carvana’s stock rallies more than 30% on surprise profit for used-car retailer

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Shares of used-car retailer Carvana Co. jumped about 40% in the extended session Wednesday after a surprise profit and larger revenue for the...
Stock Market

Qualcomm earnings benefited from AI-enabled devices, and there’s more potential ahead

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This hasn’t been a pretty earnings season for prominent chip companies so far, but Qualcomm is breaking from the mold. Source link
Stock Market

DoorDash’s outlook is sinking its stock. But one analyst says it typically forecasts conservatively.

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Food-delivery company DoorDash Inc. on Wednesday reported a worse-than-expected first-quarter loss amid signs of a slight slowdown in growth for its large U.S....
Stock Market

Zillow forecasts slower second quarter, amid caution among first-time buyers and agents

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Online real-estate listing service Zillow Group Inc. on Wednesday forecast second-quarter sales that were below expectations, as a stalled housing market weighs on...
Stock Market

AMD is the latest company to show that AI is an expensive proposition

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Artificial intelligence is expensive for the companies buying AI chips, and it’s expensive for the companies making them, too. Source link
Stock Market

Mastercard sees healthy spending, expects strong dollar to impact revenue growth

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Ticket sizes have been pretty stable, Mastercard’s CFO says. Source link
Stock Market

Nio’s stock soars as April EV deliveries more than double, new ET7 sedan launches

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Shares of Nio Inc. sped higher Wednesday, after the Chinese electric-vehicle maker reported April deliveries that more than doubled to outperform its peers...
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