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Move over artificial intelligence. There’s a new hot topic on corporate earnings calls in 2025: tariffs. The word “tariffs” has come up on more than 350 earnings calls of S & P 500 -listed companies reporting first quarter results, according to a CNBC analysis of call transcripts compiled by AlphaSense. By contrast, the term “AI” […]
Check out the companies making headlines in extended trading. Affirm â Stock in the buy now, pay later company pulled back 9%. Affirm issued fiscal fourth- quarter revenue guidance ranging between $815 million and $845 million, with a midpoint of $830 million. That’s short of the consensus estimate of $841 million, per LSEG. Pinterest â
Stocks making the biggest moves after hours: Affirm, Coinbase, Pinterest and more Read More »
Check out the companies making headlines in midday trading. AppLovin â The mobile ad tech company jumped 12% after first-quarter results that beat analyst expectations. AppLovin also announced it would sell its mobile gaming business in a $400 million deal. Carvana â Shares jumped more than 11% after the online used car marketplace posted better-than-expected
Stocks making the biggest moves midday: AppLovin, Carvana, MercadoLibre, Crocs and more Read More »
Check out the companies making headlines in premarket trading. Shopify â Shares of the commerce technology platform dove 8.7% even after first-quarter revenue came in at $2.36 billion, beating the FactSet consensus estimate of $2.33 billion. Shopify had risen 20% over the past month, and its full year guidance set operating expenses at 39%-40% of
Stocks making the biggest moves premarket: Shopify, AppLovin, Peloton, Tapestry and more Read More »
These days, job hunting may feel like something of a paradox: Even though the overall market is strong, it can be tough for jobseekers to find a new gig, according to economists. Unemployment was relatively low in April, at 4.2%, and job growth exceeded expectations. The layoff rate is historically low, meaning those with jobs
Check out the companies making headlines in after-hours trading. AppLovin â The AI-powered marketing platform saw shares rallying 13% in extended trading after the company reported stronger-than-expected quarterly results. AppLovin’s posted an EPS of $1.67, higher than an LSEG consensus estimate of $1.45 per share. Revenue of $1.48 billion also came in above expectations. The
Billionaire Ken Griffin, founder and CEO of the Citadel hedge fund, said working class Americans will bear the brunt of President Donald Trump’s punitive tariffs on U.S. trading partners. “Tariffs hit the pocketbook of hardworking Americans the hardest,” Griffin said on CNBC’s “Closing Bell” Wednesday. “It’s like a sales tax for the American people. It’s going to
Check out the companies making headlines in midday trading. Alphabet â The tech behemoth fell 7%. Eddy Cue, senior vice president of services at Apple, said on Wednesday that Apple was “actively looking at” reshaping its Safari web browser to focus on AI-powered search functions, according to a Bloomberg report . Cue made the comments
WASHINGTON â The Federal Reserve on Wednesday held its key interest rate unchanged as it waits for the Trump administration’s trade policy to take shape and sees its impact on a sputtering economy. In a move that carried little suspense given the wave of uncertainty sweeping the political and economic landscape, the Federal Open Market
Fed holds rates steady as it notes rising uncertainty and stagflation risk Read More »
Check out the companies making headlines in premarket trading. Disney â Shares of the media and entertainment company advanced more than 7% after surpassing Wall Street’s second-quarter estimates. Disney reported adjusted earnings per share of $1.45 on revenue of $23.62 billion, while analysts polled by LSEG were looking for $1.20 per share and $23.14 billion,
