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Tag: financial performance

Business

How options can be a safe substitute for dividends

Drathby DrathMarch 4, 20230

Text size What is Berkshire Hathaway’s secret sauce? Warren Buffett stresses the importance of dividends. Photo by JOHANNES EISELE/AFP via Getty Images If you don’t …

Business

Tesla shares fall 5% as Elon Musk’s ‘Master Plan 3’ falls short on details on cars and finances

Drathby DrathMarch 2, 20230

Shares of Tesla Inc. plunged more than 5% in the extended session Wednesday after the EV maker teased a “next-generation” EV platform but stopped short …

Business

Snowflake reduces revenue growth target and stock is declining

Drathby DrathMarch 2, 20230

This update corrects the FactSet consensus for Snowflake’s fiscal first quarter and fiscal 2024 product revenue. Shares of Snowflake Inc. fell more than 7% in …

Business

Splunk’s best earnings estimates, but customers are wary

Drathby DrathMarch 1, 20230

Text size CEO Gary Steele says Splunk’s key financial metrics are cash flow and annualized recurring revenue. Tiffany Hagler-Geard/Bloomberg Spluck It released better-than-expected quarterly earnings …

Business

3M stocks surge after company says 90% of earplug plaintiffs had ‘normal’ hearing

Drathby DrathMarch 1, 20230

Shares of 3M Co. rose Wednesday after the consumer, industrial and health care products maker said US Department of Defense records show the “overwhelming majority” …

Business

Rivian shares tumble after gains. Because Wall Street isn’t worried

Drathby DrathMarch 1, 20230

Text size Rivian plans to roughly double production in 2023 to approximately 50,000 vehicles. Wall Street wanted more. Spencer Platt/Getty Images Electric start of the …

Business

AMC stock plunges after 14th straight quarterly loss, fourth straight year in the red

Drathby DrathFebruary 28, 20230

AMC Entertainment Holdings Inc. reported a loss for the 14th consecutive quarter and fourth consecutive year on Tuesday, and shares fell in after-hours trading. The …

Business

Rivian shares sink after failed sales in fourth quarter, outlook dim

Drathby DrathFebruary 28, 20230

Shares of Rivian Automotive Inc. tumbled more than 7% in after-hours trading Tuesday after the EV maker narrowed its quarterly loss but missed revenue expectations …

Business

AMC reports earnings today. What to expect.

Drathby DrathFebruary 28, 20230

Text size AMC stock slipped in trading on Tuesday, but its preferred stock units rallied. Scott Olson/Getty Images AMC Entertainment Holdings is going to give …

Business

Fisker shares jump 30% as deliveries of Ocean electric vehicles are slated for spring launch

Drathby DrathFebruary 28, 20230

Fisker’s Ocean SUV on display at the Paris Auto Show last year. Photo: Michel Euler/Associated Press Updated Feb 27, 2023 at 7:17 PM ET Fisker …

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