Articles

Match Group’s Tinder posts further decline in payers, but Q1 results still top estimates

Match Group posted further declines in the number of paying users at dating app Tinder, an issue that is likely to exacerbate concerns about saturation in the online dating space despite otherwise solid first-quarter results.

IRobot names new CEO, posts Q1 profit amid steep layoffs

IRobot swung to a profit in the first quarter and trimmed its outlook for full-year losses after the company completed most of its planned cost cuts.

Rivian posts wider quarterly loss, stock falls 4%

Rivian reveals a mixed quarter, and stock drops in the after-hours session.

Stocks and commodities haven’t moved in lockstep like this since 1980. Here’s what investors need to know.

U.S. stocks and commodities haven’t moved in tandem like this in over four decades — potentially worrying investors who want to include commodities in their portfolios to mitigate risk and volatility in the financial markets.

Reddit shares soar on Q1 revenue beat and narrower-than-expected loss

Reddit Inc. reported its first results as a public company Tuesday, with the social-media platform reporting better-than-expected first-quarter revenue and a narrower-than expected loss.

Upstart beats on earnings but misses with its forecast

The AI-oriented lending company is hoping to see a return to sequential growth in the second half of 2024.

Lyft puts up another quarter of positive free cash flow, following jump in rides

Ride-hailing service Lyft Inc. on Tuesday said it put up its second straight quarter of positive free cash flow, and said it expected higher cash generation for the year after a jump in rides and active riders.

Here’s how much income it takes to rent an apartment in New York City, Boston and other big cities

Zillow reveals exactly how much one would need to make in annual income to comfortably pay for the exorbitant housing costs in the Big Apple and other major cities.

U.S. consumers pull back sharply on credit-card use in March

Total consumer credit rose at a slower pace in March, the Federal Reserve reported Tuesday.

Bonds are getting a boost from oil’s dip below $80 a barrel

U.S. bonds have been getting a boost from oil prices that have dipped below $80 a barrel.

What the U.S. dollar’s ‘surprise’ rally in 2024 means for stocks

The strengthening U.S. dollar is raising investor worries over what the greenback’s rise so far in 2024 may mean for stocks.

AMC and Cinemark yet to reclaim ‘pre-COVID glory’ as foot traffic still well below pre-pandemic levels, research says

Movie theater chain and original meme stock AMC reports first-quarter results after market close Wednesday.
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