News Blog

Palantir shares fell as much as 7% in extended trading on Monday after the defense-technology firm reported weaker-than-expected guidance.

Spirit Airlines stock just can’t get off the ground. In fact, the shares were moving lower Monday after the ultra-low-cost carrier reported a wider loss and falling revenue in the first quarter.

China’s services activity expansion slowed a touch amid rising costs, but growth in new orders accelerated and business sentiment rose solidly in a boost to hopes of a sustained economic recovery, a private sector survey showed on Monday.

Shares of Tyson Foods were edging higher Monday after the meat company reported improving profit at its chicken segment.

Heineken will invest 39 million pounds ($48.9 million) in its Star Pubs chain this year, to revamp and reopen 62 of its recently closed U.K. pubs.

Berkshire Hathaway  saw operating profits rise 39% after taxes in the first quarter to a record $11.2 billion, boosted by strength in the company’s property and casualty insurance business and higher investment income.

Euro zone business activity expanded at its fastest pace in almost a year last month as a resurgence in the bloc’s dominant services industry more than offset a deeper downturn in manufacturing, a survey showed on Monday.

Universal Music Group  on Thursday reported first-quarter earnings that comfortably beat expectations, helped by the record-breaking success of its star act Taylor Swift.

Stock in The Hershey Company  jumped on Friday after the chocolate seller reported better-than-expected profits and sales on the back of higher prices.

Fantasy sports and betting company DraftKings announced better-than-expected results in Q1 CY2024, with revenue up 52.7% year on year to $1.17 billion. The company’s full-year revenue guidance of $4.9 billion at the midpoint also came in 1.7% above analysts’ estimates. It made a non-GAAP profit of $0.03 per share, improving from its loss of $0.51 per share in the same quarter last year.

Booking Holdings said its profit jumped in the first quarter as the company’s traveler bookings grew ahead of expectations, buoyed by users traveling more reliably to the company’s site.

Monster Beverage  reported a 12% jump in first-quarter revenue on Thursday, helped by steady demand for the energy drink maker’s high-priced juices as well as easing freight costs.

Shares of Expedia Group Inc. fell after hours on Thursday, after the travel-booking platform cut its sales outlook for the year, as efforts to recharge vacation-rental site Vrbo progressed more slowly than expected after a tech-related overhaul.

Apple shares climbed 7% in extended trading on Thursday after the iPhone maker reported fiscal second-quarter earnings that topped estimates and announced an expanded stock buyback program.

Block earnings beat expectations as revenue rose 19% in the first quarter, boosted by Bitcoin. The stock is rising.

Cloudflare Inc.’s stock dropped 14% in extended trading Thursday, following a quarterly report that was largely in line with analyst estimates but included a revenue outlook that fell short.

Luxury sports car maker Ferrari has unveiled two new models, the 12Cilindri and the 12Cilindri Spider, appealing to lovers of its most powerful roaring petrol engines.

The world’s largest producer of uranium, NAC Kazatomprom, said first-quarter production rose but sales volumes tumbled on weaker demand, while it backed its full-year guidance.

Novo Nordisk, which became the most valuable company in Europe last year due to the blockbuster success of its weight loss drugs, on Thursday beat first-quarter profit expectations as demand for those medications boomed.

Agriculture and construction machinery maker CNH Industrial reported slightly better-than-expected first-quarter earnings. Sales are slow though, and full-year guidance was trimmed. Despite the cut, its beaten-up shares are rising in early trading.