Articles

Astera Labs’ blowout first earnings report is met with a sagging stock reaction

A sharp rally in the lead-up to Astera Labs’ earnings could help explain the stock’s negative reaction to better-than-expected results, as it could have raised the bar for the report.

Dutch Bros stock climbs on earnings as coffee chain dodges Starbucks’ harsh selloff

Starbucks Corp. may have been punished by the stock market last week after warning of a more cautious coffee drinker and stiffer competition — but on Tuesday, one of its smaller, more casual peers saw nothing of the sort from Wall Street.

Disney’s theme parks were a bright spot this quarter, but major competition looms

Disney plans $60 billion in theme-park capex over the next decade, as battle with Comcast’s Universal heats up.

Former Yahoo CEO Marissa Mayer joins Nextdoor’s board of directors

Nextdoor has named three new directors to its board, including Marissa Mayer, the former chief executive of Yahoo.

Grocery Outlet’s technical issues are piling up for its stock

Shares of Grocery Outlet Holding Corp. tumbled after hours on Tuesday after the bargain grocery chain cut its full-year profit outlook — saying glitches related to a technological upgrade hit its bottom line harder than expected.

Arista Networks OKs $1.2 billion in buybacks as revenue jumps on strong cloud demand

Arista Networks said its revenue rose more than expected in the first quarter and authorized $1.2 billion in share buybacks.

Here’s how much Virgin Galactic earned from space tourists last quarter

Virgin Galactic Holdings Inc. said late Tuesday it racked up $2 million in revenue in the first quarter, mostly from commercial spaceflight and membership fees from future space tourists.

Robinhood’s SEC battle asks if crypto is a security. The answer could change how we trade.

The way crypto is traded may be a factor in the debate over whether the digital asset is a security.

Wynn Resorts’ profit soars thanks to higher revenue across all segments

Wynn Resorts posted a higher profit in the first quarter as all four of the company’s segments logged higher operating revenues.

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.
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