by David Westenhaver | Sep 19, 2022
By David Westenhaver Social media stocks have endured a bloodbath for much of the year, and their outlook remains worrisome, especially if a slowing U.S. economy cuts into ad revenue. Meta — the heavyweight champion of the social media industry thanks to Facebook and...
by K. Jared Wright | Dec 22, 2021
Live entertainment is back across the country, and people are reopening their wallets when WWE (NYSE: WWE) comes to town. The professional wrestling conglomerate expects strong demand for its live events and from merchandise sales at the venues where its events are...
by Olivia Morley | Nov 15, 2021
By Olivia Morley Pinterest Inc. said its monthly active users (MAUs) declined to pre-pandemic levels in the September quarter, but have been stable since then. The company said MAUs in the U.S. declined 10% in the September quarter to 89 million, down from 98 million...
by Alexandra White | Nov 13, 2021
By: Alexandra White Peloton thought virtual workouts were the next big thing for fitness consumers, but a dismal first-quarter earnings report revealed that it may have miscalculated that assumption. Shares of Peloton fell 35% the day after it reported earnings for...
by Suzannah Cavanaugh | Oct 25, 2020
Walgreens Boots Alliance, Inc. reported dismal fourth-quarter earnings that managed to exceed low-ball estimates. Shares surged in response to surpassed expectations. Walgreens reported adjusted earnings per share (EPS) of $1.02, down 28.2% from the same period last...
