EA Earnings Decline As Deal to Go Private Nears
Electronic Arts said sales and profits dropped in the most recent quarter, ahead of a go-private deal that analysts expect will lead the company to cut costs. The Redwood, California-based video game company recorded a 9.2% year-over-year decline in net revenue in...
Axon Stumbles As Tariffs Hit Margins
Taser maker Axon felt the pain of tariffs in the third quarter.The company reported earnings misses that sent the stock into a 9% drop the next day. It closed just under $640, its lowest close in six months. Axon said this was...
Paramount promises more cost cuts and content in first post-merger earnings
The company plans multibillion dollar costcutting measures, while ramping up spending on content Paramount Skydance posted tepid earnings on Monday, giving investors their first look at how the company is faring under its new ownership. The company reported $6.7...
Circle’s One-Track Focus On Stablecoin Growth Raises Questions
Stablecoin issuer and blockchain application company Circle Internet Group, Inc. posted positive third quarter earnings on Wednesday, but analysts are split on whether the company’s single-stream revenue and plans for mainstream integration are working out. In the...
Thermo Fisher Edges Back Toward Normalcy Amid Tariff, Budget Challenges
Thermo Fisher Scientific has held its ground even amid a wild run of economic policy shifts. The company posted solid revenue growth in its core product line and raised its full-year outlook for the second time this year despite tariffs and research funding cuts. The...
Estee Lauder Returns To Sales Growth Amid Turnaround
Estee Lauder returned to sales growth in the most recent quarter, a sign the turnaround strategy deployed by chief executive officer, Stephane de la Faverie has started to bear fruit. The prestige beauty conglomerate beat analyst expectations with $3.45 billion in...
Albemarle Optimistic as it Rides out the Lithium Bust
In their most recent earnings report, Albemarle Corporation, the largest US-based lithium mining company, is projecting their first positive cash flow numbers since 2022, despite an ongoing bust in lithium prices. The company’s 2025 projections now include $300 or...
NextEra plots Iowa nuclear comeback amid regulatory friction, AI demand doubts
In a state now dominated by wind energy, the electric utility company is reviving its Duane Arnold nuclear facility to power Google’s data centers.
Affirm’s Biggest Competitor Isn’t Other BNPL Firms. It’s Your Credit Card.
With Affirm Card, the buy now, pay later giant is vying for a permanent spot in its customers’ wallets.
Affirm Sales Rise as More Shoppers Use Buy Now, Pay Later
The lender’s profit and revenue blew past Wall Street’s expectations in their latest quarter.