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Disney Falls on Concerns About Soft Outlook Despite Surprise Profit From Disney+ and Hulu
UPDATE—May 7, 2024: This article has been updated to reflect additional information…
4 Key Takeaways From Reddit’s First Earnings Call After Going Public
After Reddit (RDDT) reported record-high user traffic and rising revenue in its first…
Arista Networks Stock Rises After Strong AI Cloud Demand Powers Earnings, Outlook
Key Takeaways
Arista Networks shares jumped in late trading on Tuesday after the cloud…
Astera Labs Stock Drops As High Growth Expectations Outweigh Blowout Quarterly Report
Key Takeaways
Astera Labs shares dropped in premarket trading Wednesday as high…
Uber Sinks as Gross Bookings Miss Estimates, Investment Charges Drive Net Loss
Key Takeaways
Uber stock fell sharply in premarket trading Wednesday following the…
Shopify Stock Sinks on Disappointing Guidance
Key Takeaways
Shopify gave weaker-than-expected current-quarter guidance as its…
Adobe’s Acrobat AI Assistant Is Available and Could Help Company Compete
Key Takeaways
Adobe announced that Acrobat AI Assistant is available on Wednesday,…
Intel Revises Revenue Guidance After US Slaps New Restrictions on Chip Sales to Chinese
Key Takeaways
Intel said that it has revised its current-quarter revenue guidance after…
4 Key Takeaways From Uber’s Earnings Call
After Uber Technologies (UBER) reported mixed first-quarter results sending shares…
AB InBev Stock Jumps as Higher Prices Offset Weak North American Sales
Key Takeaways
Anheuser-Busch InBev shares rose in intraday trading Wednesday after the…