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Tag: Sales data

Business

Marvell’s pessimistic driving didn’t come as a huge surprise, but these factors were

Drathby DrathMarch 3, 20230

Marvell Technology Inc.’s latest round of downbeat guidance didn’t necessarily come as a shock, but the company’s cautious commentary on a second-half recovery may have. …

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

Walmart reports earnings Tuesday. What to expect.

Drathby DrathFebruary 21, 20230

Text size Walmart’s earnings will help set the tone for reports from other retailers in the coming weeks. Joe Raedle/Getty Images Keep an eye out …

Business

Wall Street expects brutal gains from Coinbase. Because an analyst updated the stock.

Drathby DrathFebruary 20, 20230

Text size The collapse in cryptocurrency prices has alienated many of Coinbase’s main customers: retail traders. David Myslivec/Dreamstime.com Wall Street is mostly muted ahead of …

Business

Walmart shares may rise following the gains. Why some on Wall Street are still cautious

Drathby DrathFebruary 20, 20230

Text size Walmart’s earnings will help set the tone for reports from other retailers in the coming weeks. Joe Raedle/Getty Images Keep an eye out …

Business

DraftKings shares gain on record revenue and increased 2023 guidance

Drathby DrathFebruary 16, 20230

DraftKings Inc. made $800 million in fourth quarter revenue, a new record just one quarter after surpassing $500 million for the first time, as the …

Business

Paramount’s earnings decline on higher streaming and cinematic expenses

Drathby DrathFebruary 16, 20230

Paramount Global PARA 9.31% it reported lower fourth-quarter earnings as losses mounted in its streaming business and rising film costs impacted earnings. The New York-based …

Business

Cisco raises prospects as its earnings expectations are the best

Drathby DrathFebruary 16, 20230

Cisco’s forecast for the current quarter was higher than Wall Street’s estimates. Photo: Richard B. Levine/Zuma Press Updated Feb 15, 2023 at 4:44pm ET CiscoCSCO …

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