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GameStop craters as earnings show sales falling and profits driven mostly by its huge cash pile

GameStop's surprise profit was driven primarily by interest earned on its $4 billion cash pile, rat…

Matthew Fox   


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3 mins read

'A rip the band-aid off quarter': Here's what Wall Street expects from Tesla earnings amid an epic stock skid

Tesla is facing uncertainty as it pivots away from low-cost vehicles toward autonomous driving and …

Matthew Fox   


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'Call Her Daddy' star Alex Cooper could earn $125 million from her new podcast deal — but it won't be easy

The money won't come automatically. Insiders laid out the type of targets and goals she'll likely h…

Madeline Berg,Lucia Moses   


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GameStop stock tanks 24% as weak earnings trump Roaring Kitty's planned livestream

GameStop reversed its nearly 40% rise in premarket trading on Friday as earnings disappointment off…

Theron Mohamed   


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Twitter tumbles 14% after 1st-quarter earnings disappoint on user-growth expectations

Twitter reported lower-than-expected monthly active users, and Wedbush lowered its rating on the st…

Emily Graffeo   


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Jack Dorsey doesn't think that Twitter is 'the closest form of global consciousness' anymore

"Now it seems the corporate AI models have become that," Dorsey wrote on X, formerly Twitter.

Kwan Wei Kevin Tan   


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Indian-origin engineer Ashok Elluswamy earns high praise from Elon Musk for pioneering Tesla’s AI and autopilot

On Sunday, Elon Musk took to social media to express his appreciation for Ashok Elluswamy, highligh…

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Warren Buffett is struggling to find bargains, Berkshire Hathaway's 2nd-quarter earnings show

Buffett's company sold a net $8 billion of stocks and only spent $1.4 billion on buybacks last quar…

Theron Mohamed   


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Isabelle Lee   


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Palantir climbs 9% in volatile trading after 1st-quarter earnings report

Palantir is on pace to snap a 10-day losing streak as traders weight a top-line revenue beat.

Emily Graffeo   


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Stock market today: US stocks end the week higher after solid earnings and Goldilocks jobs report

"The case for rate cuts got a little stronger today. Goldilocks could be making a comeback," TradeS…

Matthew Fox   


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Stock market today: Tech leads rebound as traders move on from CPI and brace for earnings

US stocks rebounded Thursday, moving past inflation fears that triggered a sell-off in Wednesday's …

Yuheng Zhan   


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MobiKwik posts first ever consolidated profit in Jun quarter 2023-24

"We have registered an adjusted Earnings before interest, taxes, depreciation, and amortization…

PTI   


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Robinhood stock is tumbling as earnings show monthly active users plunged by 1 million in the 2nd quarter

Robinhood's 10.8 million monthly active users are down from 11.8 million in the first quarter and m…

Phil Rosen   


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3 mins read

'Forecast blockbuster beat: Here's what 4 Wall Street analysts expect from Apple's 1st-quarter earnings report

Analysts expect the tech giant to post quarterly revenue exceeding $100 billion for the first time …

Emily Graffeo   


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US stocks trade mixed as investors mull a wave of corporate earnings and the Fed's upcoming decision

US indexes were mixed at the open as investors awaited the Fed's policy decision today. Microsoft a…

Emily Graffeo   


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Massachusetts' millionaire tax is earning more than expected and could help make up for the last few years of high earners fleeing the state

The millionaires tax in Massachusetts beat estimates by bringing in $1.8 billion so far, helping th…

Cork Gaines   


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Crocs jumps 12% after the foam shoe company posts record 1st-quarter revenue and raises 2021 outlook

Crocs stock jumped to a record high after the foam-clog maker crushed first quarter earnings. Share…

Emily Graffeo   


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TCS shares are hot again as investors hope for a quarterly surprise

India’s biggest IT services company, Tata Consultancy Services (TCS), is up over 7% in the last one…

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4 mins read

BPCL swings to profit of ₹10,644 cr in Q1 aided by freeze on retail selling prices

The consolidated net profit of ₹ 10,644.30 crore in April-June (first quarter of current 2023-24 f…