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Friday, April 19, 2024
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CATEGORY

Earnings

Wall Street slips as weak earnings hit tech, travel stocks

Stocks on Wall Street extended their recent run of losses Tuesday as investors reviewed disappointing earnings reports and looked ahead to the release of...

Facebook parent Meta posts first revenue decline in history

Meta, the parent company of Facebook and Instagram, posted its first revenue decline in history Thursday, dragged down by a drop in ad spending...

Netflix Q2 subscriber loss widens, but not as much as feared

SAN FRANCISCO ((DailyNews)) — Netflix shed almost 1 million subscribers during the spring amid tougher competition and soaring inflation that’s squeezing household budgets, heightening...

US stocks slide as earnings reports for companies begin

Stocks shed early gains and ended broadly lower on Wall Street Tuesday as investors brace for a big week of news on inflation and...

Wall Street’s bubble may be gone, but stocks can still fall

NEW YORK ((DailyNews)) — The good news for stocks is that this year’s sell-off means they no longer look eye-wateringly expensive.The bad news: That...

Walmart Q1 profit dragged down as inflation takes a bite

NEW YORK ((DailyNews)) — Walmart reported stronger sales for its fiscal first quarter, but its profit took a beating as the nation’s largest retailer...

Coinbase loses half its value in a week as crypto slumps

SILVER SPRING, Md. ((DailyNews)) — Cryptocurrency trading platform Coinbase has lost half its value in the past week, including its biggest one-day drop 5o...

Stocks edge higher on Wall Street ahead of Fed rate decision

NEW YORK ((DailyNews)) — Stocks eked out modest gains after a choppy day of trading Tuesday as Wall Street waits to find out how...

Shares of Facebook parent Meta soar despite growth slowdown

Facebook parent Meta’s first quarter profit and its count of daily users jumped past Wall Street’s expectations despite the company’s slowest revenue growth since...

Stocks end mixed after another wobbly day on Wall Street

NEW YORK ((DailyNews)) — Stocks on Wall Street managed only meager gains Wednesday, after a broad rally led by technology companies faded by late...

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