PayPal jumps as Elliott Management says it has a $2 billion holding in the financial-services company
PayPal stock has been cut in half in 2022, but it's getting a vote of confidence from hedge fund Elliott Management, which is also a...
AMD beats on earnings and revenue, but third-quarter forecast comes in light
AMD currently has a significant market opportunity as its primary rival for PC and server chips, Intel, stumbles with execution.
Starbucks beats earnings and revenue estimates, fueled by U.S. demand
Shares of Starbucks have fallen 27% this year, dragging its market value down to $98.37 billion.
Airbnb stock slumps despite record-breaking bookings
Airbnb's revenue jumped 58% year-over-year to $2.1 billion helping to drive the company’s most profitable second quarter to date.
Robinhood cutting about 23% of jobs, releases second quarter earnings
Robinhood CEO Vlad Tenev said Tuesday in a press release that the company will reduce its headcount by approximately 23%.
JetBlue shares tumble as costs push it to a loss despite profit forecast on higher fares
JetBlue posted a second-quarter loss and scaled back capacity growth plans.
Barclays posts profit slump after hit from costly trading error in the U.S.
Barclays took charges of £1.9 billion for the first half, including £1.3 billion related to its trading blunder in the U.S.
Amazon jumps on revenue beat and rosy guidance for third quarter
Amazon on Thursday reported second-quarter results that beat on the top line and issued rosy sales guidance for the third quarter.
Intel CFO says we’re ‘on the bottom’ after company misses earnings and stock sinks
Consumers and schools aren't buying as many PCs as they were, driving a net loss for Intel. But price bumps in the fourth quarter should...