(Bloomberg) -- PayPal Holdings Inc. shares tumbled late Wednesday after the company said it expects earnings to be flat this year as it continues to cut costs and streamline its operations.Most Read from BloombergCitadel Among Hedge Funds That Got...
Disney (DIS) announced it would boost its cash dividend by 50% on Wednesday as the company reported fiscal first quarter earnings that beat expectations while streaming losses narrowed.Disney reported adjusted earnings of $1.22 a share — a significant beat...
Lumen Technologies (NYSE: LUMN)Q4 2023 Earnings CallFeb 06, 2024, 5:00 p.m. ETContents:Prepared RemarksQuestions and AnswersCall ParticipantsPrepared Remarks:OperatorGreetings and welcome to Lumen Technologies fourth quarter 2023 earnings call. During the presentation, all participants will be in a listen-only mode. Afterwards,...
Dow Jones futures edged higher overnight, along with S&P 500 futures and Nasdaq futures. ELF Beauty (ELF), Chipotle Mexican Grill (CMG) and Snap (SNAP) headlined key earnings late. X The stock market...
A stock market correction appears imminent after the S&P 500 rallied 21% over a period of 14 weeks, according to Fundstrat's Tom Lee.Lee still maintains a bullish view on stocks for 2024, but said history suggests the market is...
(Bloomberg) -- New York Community Bancorp’s credit grade was cut to junk by Moody’s Investors Service less than a week after the regional lender alarmed shareholders by slashing payouts and stockpiling reserves to cover troubled loans tied to commercial...
(Bloomberg) -- Investors looking for an end to the freefall in shares of Chinese e-commerce company Alibaba Group Holding Ltd. may be in for a long wait, if options traders are correct.Most Read from BloombergKing Charles Treated for Cancer...
Stock market conditions are among the worst in history, markets guru John Hussman said.The market risks seeing sudden steep declines similar to other periods of weakness like 1987 and 2000.A stock market drop as steep as 65% wouldn't be...
Palantir Technologies (PLTR) reported fourth-quarter earnings that met estimates while revenue topped Wall Street targets. PLTR stock jumped as full-year 2024 revenue guidance came in above views amid strong growth expected in the commercial market. ...
(Bloomberg) -- Palantir Technologies Inc. said that demand for its artificial intelligence products was driving sales, and gave a higher-than-expected profit outlook for 2024. The company’s shares climbed more than 15% in after-hours trading.Most Read from BloombergKing Charles Treated...