Shares of Arm fell on Thursday as lackluster revenue guidance from the firm clouded a positive sales quarter driven by AI demand.
Schlagwort-Archiv: Markets
Airbnb beats earnings expectations for first quarter but offers weaker-than-expected guidance
Airbnb reported first-quarter results on Wednesday that beat analysts‘ estimates.
Robinhood climbs after reporting record earnings for first quarter
Shares of the brokerage firm rose after first-quarter results topped Wall Street expectations.
British neobank Monzo boosts funding round to $610 million to crack U.S. market, launch pensions
TS Anil, CEO of Monzo, told CNBC his firm plans to use the cash to build new products and accelerate its international expansion plans.
HD Hyundai Marine Solution doubles in South Korea’s largest IPO since January 2022
Shares traded as high as 125,000 South Korean won ($91.55) apiece, representing a 49.88% surge from the IPO price of 83,400 won.
Uber reports first-quarter results that beat expectations for revenue, but posts net loss
Uber beats expectations for revenue but falls short of estimates for gross bookings.
Beer giant AB InBev beats profit estimates, with Bud Light boycott set to ease one year on
Analysts at Barclays said the company had passed its hardest quarter „with little to no bruises.“
Siemens Energy shares jump 13% after guidance raise and leadership change at embattled wind turbine unit
The German renewables firm Siemens Energy announced Wednesday that the CEO of its troubled wind turbine unit will be replaced amid „comprehensive restructuring measures.“
Shares of Wynn Resorts rise after another great quarter but are still cheap
Another quarter of great results from the casino operator, including beats for every property and upbeat guidance.
Reddit shares soar 11% after company reports revenue pop in debut earnings report
Reddit reported a big increase in sales for the first quarter and said second-quarter revenue will jump by more than 30%, based on the midpoint of the range.