Articles

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

A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in the second quarter as it tries to handle the flood.

Shares of Fortinet Inc. fell 9% in the extended session Thursday after the cybersecurity company reported a better-than-expected first quarter and guidance that went beyond Wall Street forecasts, but billings were slightly off the mark.

The Federal Reserve’s extended period of higher interest rates is hitting home for mall owners with maturing debt.

DraftKings Inc. rang up a huge spike in revenue and raised its full-year sales guidance on Thursday, sending its stock up 3% in extended trading.

ETF investors shifted their “buying-behavior rhythm” in April, according to the head of SPDR Americas research at State Street Global Advisors.

Also contributing was momentum across the company’s two main business areas, the Cash App mobile wallet and the Square merchant business.

The tax agency announced goals Thursday in an effort to show what it’s doing to maximize the billions of dollars provided by the Inflation Reduction Act.

One problem-gambling organization is concerned about ‘youth exposure’ to betting at Dave & Buster’s.

Rivian said that the money will go toward factory expansion, as well as improvements in public infrastructure and job training for its workforce as the plant.

Shares of Avis Budget Group Inc. rocketed Thursday, bouncing from a three-year low, after the car-rental company reported first-quarter revenue that beat expectations for the first time in a year as what it called continued robust travel demand led to record rental volume.

One of Wall Street’s oldest adages — “sell in May and go away” — has tempted stock-market investors into dumping equities this month and returning to the market in November. The opposite of this seasonal pattern exists in the U.S. government-debt market.