Lyft reported fourth-quarter losses of $458.2 million for the fourth quarter of 2020.
Kategorie-Archiv: CNBC Financial News
Regulators will launch a ‚full-fledged assault‘ against Facebook and Twitter, tech investor Paul Meeks predicts
Paul Meeks, who’s known for running the world’s largest tech fund during the late 1990s, said he won’t invest in social media stocks right now.
Robinhood sued by family of 20-year-old trader who killed himself after believing he racked up huge losses
Robinhood’s „reckless conduct directly and proximately caused the death of one of its victims,“ the complaint said.
U.S. stock futures rise following Wall Street’s best week since November
The Dow is also on its longest daily winning streak since August, while the Nasdaq Composite registered its fourth positive session in five on Friday.
Ford boosts investment in electric and autonomous vehicles to $29 billion through 2025
Ford CFO John Lawler said the company is forecasting it will earn between $8 billion and $9 billion in adjusted pretax profits this year.
Peloton quarterly sales top $1 billion, but shares fall as cycle maker steps up further supply chain investments
Peloton reported quarterly sales growth of 128%, marking its first billion-dollar quarter, as the momentum keeps climbing for the fitness equipment maker.
Snap beats expectations but stock falls on light Q1 forecast
Snap’s stock fell in after-hours trading on Thursday after the company reported its fourth-quarter earnings despite beating Wall Street’s expectations.
Pinterest reports strong revenue growth thanks to holidays, pandemic lockdowns
Pinterest reported fourth-quarter 2020 results Thursday.
Pinterest reports strong revenue growth thanks to holidays, pandemic lockdowns
Pinterest reported fourth-quarter 2020 results Thursday.
Unity stock falls after gaming software company forecasts slowing revenue growth
Unity shares have almost tripled since the company went public in September, but investors were disappointed about the revenue forecast.