Tag Archives: CNBC

Affirm shares pop more than 10% on revenue beat

Affirm beats on earnings and revenue in fiscal second quarter.

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Amazon fourth-quarter cloud revenue falls just shy of Wall Street estimates

All three of the top companies providing cloud-based computing and storage delivered less fourth-quarter revenue from this category than expected.

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Pinterest shares surge as much as 20% after company beats on fourth-quarter revenue, shows strong user growth

Pinterest reported fourth-quarter sales of $1.15 billion, ahead of the $1.14 billion that Wall Street was expecting.

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Amazon’s advertising business grew 18% in the fourth quarter

Amazon’s online advertising business logged $17.29 billion in the fourth quarter.

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Amazon’s Whole Foods cites Trump’s NLRB purge as grounds for rejecting union win

Last month, workers at a Whole Foods store in Philadelphia voted in favor of joining the United Food and Commercial Workers Union.

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Amazon set to report earnings after the bell

The company is expected to show strong operating income growth, reflecting CEO Andy Jassy’s efforts to rein in expenses.

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Roblox plummets 16% on disappointing bookings, daily active users miss

Roblox shares plunged more than 16% after falling short of Wall Street’s bookings and daily active user estimates.

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Amazon set to pass Walmart in revenue for first time

Analysts surveyed by LSEG are expecting Amazon to report revenue of $187 billion for its latest quarter on Thursday.

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Temu steers users to ‘local’ products after Trump shuts tax loophole

Temu has onboarded more sellers with U.S. inventory in recent years as lawmakers have zeroed in on the de minimis exemption.

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Google scraps diversity ‘aspirations,’ citing role as federal contractor

Google said it’s been reevaluating diversity programs over the last year.

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