by Gerard Edic | Nov 18, 2023
Rivian’s electric delivery vans will no longer just be an Amazon exclusive. The company announced Tuesday that it would sell its electric delivery vans to other companies by next year, ending an exclusivity deal with Amazon. This announcement was released along with...
by Mariam Kiparoidze | Nov 3, 2023
Photo credit:Wikimedia Commons Pfizer reported a loss in the third quarter as it tries to adapt to the faltering demand on its Covid-19 drug and vaccines. Pfizer reported a net loss of $2.38 billion last quarter, missing analyst expectations, the pharmaceutical giant...
by Gerard Edic | Nov 1, 2023
Chicken-wing connoisseurs continue to flock at Wingstop for their fix as the company posted strong financial results Wednesday, signaling its double-down on product variety and reach is working. Wingstop in the third quarter reported $117.1 million in revenue, an...
by Joseph Lingad | Oct 21, 2023
UnitedHealth’s third-quarter earnings were driven by the strong top and bottom lines, quelling investors’ concerns about increasing medical services and costs among seniors. The stock gained 1.2% to $539.40 while the S&P 500 fell by 0.5% at the end of...
by James Van Bramer | Oct 18, 2023
Netflix said its password-sharing crackdown boosted its third quarter subscriptions above expectations as the company plans to increase prices to push subscribers toward its developing advertising tier. The streaming giant added 8.8 million subscribers in the third...
by Cailley LaPara | Nov 5, 2022
As Rent the Runway wraps up its first year on the stock market, the company is expected to see continued revenue growth as it seeks profitability. Investors will be focused on the company’s active subscriber count for evidence of executives’ assurance of a...