After raising short-term interest rates since March 2022, the Federal Reserve has started easing monetary policy with a ...
While the biggest drag due to input cost hikes could be behind us, there were company-specific operational inefficiencies that need to be resolved to drive higher margins going forward. We think ...
News Corporation boasts a number of resilient online property classified assets in Australia and the US that add to its cash flow profile and provide a template for the kind of businesses that ...
Chinese electric-vehicle maker XPeng's shares surged in Hong Kong on robust orders for a newly launched car. Shares rose 19% to 59.50 Hong Kong dollars, equivalent to US$7.66, early Friday, on track ...
Avita is still burning cash and the road to profitability depends on clinical readouts for further indications over the next few years, with the use of RECELL currently limited to adult and paediatric ...
Rivian (RIVN) also dialed down the year's adjusted Ebitda guidance to between a loss of $2.825 billion and a loss of $2.875 billion. A lower production outlook for the year has hit profits due to ...
Lender Upstart Holdings Inc. posted positive surprises across the board Thursday, and its stock soared about 20% higher in the extended session following those upbeat earnings. The company, which uses ...
Shares of Lucid Group Inc. rose about 5% in the extended session Thursday after the EV maker opened up the order books for its electric SUV and said that "momentum" for its business continued. The ...
The parent company of Square and the Cash App expects to keep expanding operating margins into 2025 Profit progress has been the name of the game for Block Inc. lately, and the parent company of ...
Affirm Holdings Inc. said it's growing far faster than the e-commerce market in general, but Wall Street has found reasons to nitpick the company's latest results, with shares down 2.2% in the ...
Toast Inc.'s stock soared 19% in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss.
Phunware Inc. reported a narrowed loss in the mobile-advertising company's third-quarter results after market close Thursday, although net revenue declined sharply from the same period last year.