Lyft shares jump on earnings beat, guidance
Air travelers walk toward a Lyft pickup area at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama | Getty Images Lyft shares rose in extended trading on Tuesday after the ride-hailing company reported…
Are You Getting Sticker Shock From Your Electric Bills? We Want to Hear About It.
Upgrades to aging utility equipment and efforts to reduce greenhouse gas emissions have combined to drive up electricity costs across the country, with the national average increasing from one year to the next. As a New York Times business reporter,…
AI frenzy puts Nvidia briefly ahead of Amazon in market value
Jensen Huang, chief executive officer of Nvidia Corp. David Paul Morris | Bloomberg | Getty Images Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monday, as the euphoria around artificial intelligence catapulted the chipmaker to the fourth most valuable…
Shopify (SHOP) earnings Q4 2023
An employee works at Shopify’s headquarters in Ottawa, Ontario in Canada. Chris Wattie | Reuters Shopify shares slid about 9% on Tuesday morning after the Canadian e-commerce company reported better-than-expected earnings for the fourth quarter but gave mixed guidance for…
Arm stock up 29%, extending rally to second week
Masayoshi Son, chairman and CEO of SoftBank Group Corp. Kiyoshi Ota | Bloomberg | Getty Images Arm shares soared 29% on Monday, extending last week’s rally as investors continue to applaud the chipmaker’s better-than-expected third-quarter earnings and its position in…
Bitcoin extends its gains, breaking through the $50,000 level
Jaap Arriens | NurPhoto | Getty Images Bitcoin jumped above $50,000 Monday, at one point reaching its highest level in more than two years. The price of the flagship cryptocurrency was last higher by 4% at $50,168.36, according to Coin…
Agri-tech Green Plains announces strategic review, Ancora standstill
Ethanol plant in Milton, Wisconsin. Getty Images Ethanol producer and agri-tech company Green Plains said Wednesday that it would initiate a strategic review, a year after activist investor Ancora sent a letter to its board encouraging it to do just…
PayPal (PYPL) Q4 earnings
A PayPal sign is seen at its headquarters in San Jose, California, on Jan. 30, 2024. Justin Sullivan | Getty Images News | Getty Images PayPal reported better-than-expected fourth-quarter results Wednesday, but issued guidance that was a bit below estimates….
Arm earnings report Q3 2024
Arm makes the CPU architecture for chips found in nearly all smartphones. An Arm chip is shown here in San Jose, California, on October 12, 2023. Sydney Boyo Arm reported fiscal third-quarter earnings Wednesday that beat estimates and gave a…
SoftBank nets $16 billion on Arm earnings, exceeding losses in WeWork
Billionaire Masayoshi Son, chairman and chief executive officer of SoftBank, which owns Arm, speaks during a news conference in Tokyo, July 28, 2016. Tomohiro Ohsumi | Bloomberg | Getty Images Masayoshi Son’s SoftBank made more in Arm’s after-hours trading on…