by Emily Davis | Nov 27, 2024
Snap’s user growth in North America – its most important market – fell troublingly flat in the third quarter. That cohort of daily active Snapchat users has been stubbornly stuck at 100 million since 2022. The stagnation Snap reported for the region this quarter...
by Truth Headlam | Nov 14, 2024
Robinhood’s third-quarter earnings were less than impressive, and its stock tumbled as investors took the deflated numbers as a warning sign that profits will be hard to grow. But executives say the lower than expected numbers aren’t as bad as they seem, temporary...
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...
