Thursday, December 12, 2024
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Earnings

Bussiness

Adobe Stock Drops On Disappointing 2025 Outlook

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Adobe (ADBE) late Wednesday handily beat Wall Street's targets for its fiscal fourth quarter. But its sales and earnings guidance for 2025 was below...
Bussiness

Macy’s tightens financial controls after employee covered up what became a $151 million mistake

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Bussiness

News Corp Stock Hits Fresh All-Time High

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On Tuesday media giant News Corp's stock closed at an all-time high. Wednesday it eased a bit but still held near the high. Meanwhile...
Shopping

As retailers enter the holiday shopping season, the winners are pulling away from the pack

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Shoppers outside a Target store ahead of Black Friday, in Clifton, New Jersey, Nov. 26, 2024.Victor J. Blue | Bloomberg | Getty ImagesAs the...
Bussiness

Macy’s delays earnings release as it says employee hid up to $154 million in delivery expenses

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A shopper carries a Macy's bag on Market Street in San Francisco, California, US, on Wednesday, Nov. 13, 2024. David Paul Morris | Bloomberg |...
Bussiness

NVIDIA Announces Financial Results for Third Quarter Fiscal 2025

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Record quarterly revenue of $35.1 billion, up 17% from Q2 and up 94% from a year agoRecord quarterly Data Center revenue of $30.8 billion,...
Shopping

Walmart Earnings Bring Good Tidings for the Holidays

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One year ago, Walmart Inc. warned that it had seen a sudden slowdown in spending in the second half of October.Tuesday morning, the retailer...
Bussiness

Warren Buffett’s Fintech Bet Sinks, Earnings Nearly Double

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Brazil-based digital bank Nu Holdings (NU) met earnings expectations for the third quarter late Wednesday. Nu stock, owned by Warren Buffett, tanked below a...
Tech

Amazon Stock Hits New High As Tech Giant Launches Temu Competitor

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Amazon (AMZN) stock is building on its postelection rally by notching another record high Wednesday. Shares of the tech giant are rallying as Amazon...
Shopping

Instacart CEO: Retailer Integrations Streamline Shopping, Drive Growth | PYMNTS.com

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Instacart’s expansion of retailer integrations and the implementation of advanced technology have streamlined the shopping experience,...
Bussiness

Sea Ltd. Stock Jumps As 31% Revenue Growth Beats Expectations

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Singapore-based internet services company Sea Limited (SE) early Tuesday reported third quarter earnings beat expectations, with a stronger-than-expected 31% revenue increase. Sea stock jumped...
Bussiness

Live Nation Execs Are “Hopeful” For Different Antitrust Approach Under Trump

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As Donald Trump prepares to take office more, Live Nation executives believe his administration, and the Department of Justice under Trump will be more...
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