Category: Stock Market
Earnings Results: Beyond Meat reports drop in revenue, announces 4% layoffs
Beyond Meat Inc. reported another rough quarter Thursday, leading to announced layoffs that underscore a bleak outlook from Wall Street.
Earnings Results: DoorDash stock surges as it reports record food-delivery orders but larger loss than expected
DoorDash Inc. on Thursday reported continued growth in the second quarter, saying that its food-delivery business remains healthy despite economic uncertainty, but its loss was worse than what Wall Street expected.
Earnings Results: Twilio stock declines as weak outlook follows a quarterly beat
Twilio Inc. shares fell in the extended session Thursday after the software company’s outlook came in below Wall Street expectations following a reported beat in the previous quarter.
Earnings Results: Cloudflare stock rallies 20% following earnings beat, raised revenue outlook
Cloudflare Inc. shares surged in the extended session Thursday after the cybersecurity company reported results that topped Wall Street expectations, and hiked its revenue outlook for the year.
Earnings Results: Zillow is almost done selling homes, but stock slumps as the hard part is still to come
Zillow Group Inc. is almost done selling all the homes it bought in a flurry that led to a flameout of its iBuying business, but its plans for the future led to shares plunging in late trading Thursday on a disappointing forecast.
Earnings Results: Block stock drops after earnings, as Square’s parent company swings to a loss
Shares of Block Inc. fell 7% in after-hours trading Thursday after the payment-technology company swung to a loss in a report that seemed to cause some controversy about whether the company actually beat or missed expectations on several key metrics.
Earnings Results: AMC announces special dividend in the form of ‘Ape’ preferred shares; stock falls
AMC also reported its second-quarter results after market close, reporting a narrowing loss and revenue in line with analysts’ expectations.
Earnings Results: Lyft stock rises as riders, drivers and rides hit highest points since pandemic began
Number of Q2 riders, Q3 revenue forecast fall just shy of Wall Street expectations in the second quarter.
: Tesla investors pave way for stock split, vote with company on most proposals
Tesla Inc. shareholders on Thursday approved a proposal expected to lead to a 3-for-1 stock split and sided with the company on most of the proposals up for a vote.