Articles

Expedia cuts outlook, as efforts to get Vrbo back on track go slower than expected

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.

Having iPhone alarm issues? Here’s why you should switch to an old-fashioned alarm clock.

You may get a better night’s sleep going the old-school wake-up route.

Monster Beverage lays out succession plans as co-CEO Rodney Sacks looks to step back

Monster Beverage said Rodney Sacks will be reducing his responsibilities as an executive of the company starting next year.

Lockheed Martin drops $300 million buyout bid for Terran Orbital

Lockheed Martin has withdrawn an offer to acquire satellite maker Terran Orbital for nearly $300 million.

Amgen expects data from weight-loss drug trial later this year

Plans for more trials are proceeding apace, drugmaker says.

These tips for investing in mutual funds and ETFs can help your portfolio grow

Downside protection, a veteran fund manager’s secrets, and commodity ETFs get a bid.

Cloudflare’s stock is tanking after revenue outlook disappoints investors

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.

Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. Elevated costs have come with it.

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.

Fortinet’s stock falls 9% after cybersecurity company’s quarterly billings drop

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.

Mall giant Macerich likely to start defaulting on maturing loans, says Barclays

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

DraftKings posts surge in revenue, hikes full-year sales guidance

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.

Why investor appetite for commodity funds picked up despite ETF flows broadly seeing ‘pretty big drop’ in April

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