Snap Plunges, And There Goes Social Media’s Online Ad Biz
Investors knew that the world wasn’t clicking for online advertisers right now. In a snap on Monday night, they grasped how dire the situation might be.…
Browsing Tag
Earnings Projections
Cisco Rings a Worrisome Bell
Cisco Systems
CSCO -4.43%
is nothing if not reliable. Rare disappointments tend to be painful.
The…
Target Stock Sinks 20% on Earnings Miss, High Costs
Like many Americans dealing with higher gas prices,
Target Corp.
TGT -1.41%
is being hurt by bigger-than-expected…
Weber Shares Fall as Barbecue Brand Cuts Profit View Again
Weber’s initial public offering at the New York Stock Exchange last…
WeWork Loss Narrows as Desk Sales Reach Prepandemic Levels
WeWork Inc.’s first-quarter loss narrowed sharply as gross desk sales reached prepandemic levels with the gradual return of employees in the U.S. to in-person work.…
Rivian CEO Says Supply-Chain Problems to Ease This Year
Electric-vehicle startup
Rivian Automotive Inc.
maintained its production forecast for 2022, with executives saying the supply-chain problems that have cropped…
Rivian Set to Give Business Update as Stock Slumps
Shares of electric-vehicle startup
Rivian
RIVN -10.73%
Automotive Inc. are trading near all-time lows ahead of the company’s quarterly…
Peloton Shares Slide as Losses Mount, Sales Slow
Peloton Interactive Inc.
PTON -12.88%
reported falling quarterly sales and mounting losses and said it recently secured $750 million in…
Palantir Growth Slows, Sending Stock Down More Than 20%
Palantir Technologies Inc.
PLTR -21.20%
shares fell more than 20% after the company forecast that its sales growth…
Under Armour Shares Fall as It Warns of Persistent Supply-Chain Issues
Under Armour Inc.
UA -24.72%
shares fell more than 20% in Friday trading after it said Covid-related supply-chain…