Tag Archives: Quarterly

Despite a July slowdown, BYD retains its lead in China’s competitive EV market. Anna Barclay | Getty Images News | Getty Images Hong Kong-listed shares of BYD slid nearly 8% Monday after the Chinese electric vehicle maker reported a sharp drop in quarterly profit amid an aggressive price war across its domestic industry. The Tesla rival on Friday reported net profit …

Friday is turning out to be a down day for the markets although that is probably scant consolidation for Marvell (NASDAQ:MRVL) investors. The shares are being subjected to a severe beating after the semi firm’s fiscal second quarter results failed to impress. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, …

By Neil J Kanatt (Reuters) -Gap on Thursday reported comparable sales below Wall Street estimates as customers pulled back on discretionary spending, and it said U.S. tariffs would squeeze its margins in the current quarter. Shares of the company were down about 2% in extended trading. Inflationary prices and uncertainty arising from the Trump administration’s trade policy have curbed consumer …

By Jaspreet Singh (Reuters) -Intuit (INTU) forecast first-quarter revenue growth below analysts’ estimates on Thursday, hit by sluggish performance at its marketing platform Mailchimp, sending the shares down nearly 6% before the bell on Friday. The company provides products such as tax-preparation software TurboTax, personal finance portal Credit Karma and accounting software QuickBooks. Mailchimp, acquired in 2021 and housed within …

Lyft missed second-quarter revenue estimates on Wednesday, weighed down by intensifying competition with Uber and weakening U.S. travel demand, sending its shares down about 9% in trading after the bell. Larger rival Uber Technologies, which offers ride-hailing, food and grocery delivery business globally, issued an upbeat forecast for the third-quarter earlier in the day, thanks to its efforts to boost …

Disney said it plans to stop reporting subscribers numbers with its quarterly reports, calling the numbers less meaningful to evaluating its business following Netflix move to do the the same. “We are focused on managing our businesses to deliver growth in a sustained way, and to align ourfinancial reporting with how we operate. Since we began reporting the number of …

Disney’s theme parks, which had a few wobbly quarters, blew past Wall Street estimates as streaming profits advanced in the June quarter, vying with red ink at the film studio and declines at linear networks. In an early look at the numbers, Evercore ISI analyst Kutgun Maral called it a “healthy quarter with upside where it matters most, theme parks …

Trump Media stock slides as firm reports $20 million quarterly loss, teases ‘utility token’  The Block The Trump-Crypto Honeymoon Is Over  WIRED Trump’s Truth Social Parent Company Posts $20 Million Loss on $883,300 in Net Sales for Q2, Ends Quarter With $3.1 Billion in Assets  Yahoo Finance Fact Sheet: President Donald J. Trump Signs GENIUS Act into Law  The White House (.gov) Bitcoin News …

Berkshire’s Quarterly Earnings Drop on Insurance Results, Currency Moves  The Wall Street Journal Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact  CNBC Profits at Warren Buffett’s Berkshire Hathaway drop as it writes down its Kraft Heinz investment  CBS News Warren Buffett’s Berkshire Hathaway sold stocks and didn’t snap up bargains even as markets crumbled after ‘Liberation Day’  Fortune Warren Buffett’s …

By Patrick Wingrove (Reuters) -Moderna (MRNA) topped Wall Street sales expectations and reported a lower-than-expected second-quarter loss on Friday, driven by robust Spring COVID booster demand and aggressive cost cuts. However, its shares fell more than 4% in premarket trading after the company lowered its 2025 sales forecast to $1.5 billion to $2.2 billion, cutting $300 million from the top …