Tag: earnings
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Airbnb stock soars 9% on earnings and revenue beat, strong guidance for third quarter
Airbnb said it’s seeing strong demand “across all regions,” contributing to the company’s better-than-expected forecast.
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Sweetgreen cuts full-year outlook as cyclospora fears weigh on sales
The salad chain has not been implicated in the ongoing cyclospora outbreak.
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Grindr’s AI spend is paying off and its pricey new tier has had some surprises, CEO says
Grindr says AI is boosting engineering productivity, supporting a new $350/month premium tier and driving stronger subscriber growth and retention.
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Savers Value Village thrift store launches new AI tool to price items
Savers Value Village is launching a new AI pricing tool to keep product prices consistent and low, the company told CNBC exclusively.
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United Wholesale Mortgage plunges 40% after suspending dividend and raising capital
“We’re taking decisive action to make UWM stronger, more liquid and better positioned to win for years to come,” CEO Mat Ishbia said in a statement.
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Fox advertising, streaming service Tubi get boost from World Cup
Fox advertising revenue increased 78% during the quarter primarily due to the FIFA Men’s World Cup and growth at ad-supported streaming service Tubi.
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Top tech analyst Mahaney sees 45% upside for this food delivery platform
DoorDash could gain more ground as order volume grows and it focuses on a robust subscriber base, Evercore ISI says.
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Applovin stock tanks on Q2 revenue miss
Shares of Applovin tanked 17% Thursday off a second-quarter earnings miss, falling short of analysts’ expectations for revenue.
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This drug researcher just reported earnings and could keep rallying on biotech bounceback, JPMorgan says
A resurgence in investments in the biotechnology industry could further boost shares of Charles River Laboratories, according to JPMorgan.
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SpaceX stock could face further pressure as first batch of shares unlock since IPO
With the first tranche of SpaceX shares held by insiders unlocking, the stock could see downward pressure.
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