Category: Top Story
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Robinhood falls after revenue miss despite earnings beat
Shares of Robinhood Markets, Inc. (NASDAQ:HOOD) dropped more than 6% in premarket trading on Wednesday after the online brokerage reported fourth-quarter revenue that came in below Wall Street expectations. Although the company delivered record annual performance and topped earnings estimates, the revenue shortfall appeared to dampen investor enthusiasm, even as margin balances and subscription growth…
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Lyft plunges 17% after revenue miss and cautious outlook
Shares of Lyft (NASDAQ:LYFT) sank more than 17% in premarket trading on Wednesday after the ride-hailing company posted fourth-quarter results that fell short of revenue expectations. Quarterly revenue totaled $1.6 billion, below the $1.76 billion consensus forecast. Lyft noted that results were impacted by a $168 million headwind tied to legal, tax, and regulatory reserve…
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Nvidia to invest over NT$40 billion in Taiwan headquarters – report
Nvidia (NASDAQ:NVDA) is set to invest more than NT$40 billion to establish its first overseas headquarters in Taiwan, according to a report from ETtoday citing Taipei Mayor Chiang Wan-an. Taipei’s city government signed an agreement with Nvidia on Wednesday to move forward with the headquarters development. The land royalties associated with the project are reportedly…
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Cloudflare jumps on strong revenue outlook and Q4 beat
Cloudflare (NYSE:NET) posted better-than-expected quarterly results on Tuesday, with revenue guidance for both the current quarter and full-year 2026 coming in ahead of Wall Street forecasts. Class A shares of the cloud networking and cybersecurity company climbed more than 14% in premarket trading on Wednesday following the announcement. Cloudflare operates one of the largest global…
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U.S. payrolls in focus; Ford absorbs $900 million tariff charge – markets in motion: Dow Jones, S&P, Nasdaq, Wall Street Futures
Futures tied to the main U.S. equity benchmarks edged higher ahead of a closely watched employment report that could shape expectations for Federal Reserve rate policy later this year. Ford Motor Company (NYSE:F) recorded a sizeable charge related to a delay in U.S. tariff relief, but stronger-than-anticipated guidance supported its shares in extended trading. Meanwhile,…
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U.S. Stocks Close Mixed Following Lackluster Session
After moving notably higher over two previous sessions, stocks showed a lack of direction during trading on Tuesday. While the Dow reached a new record intraday high in early trading, the Nasdaq and the S&P 500 spent the day bouncing back and forth across the unchanged line. The major averages eventually ended the day mixed.…
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Spotify shares rally after earnings beat expectations and user growth accelerates
Spotify Technology (NYSE:SPOT) shares jumped more than 14% in premarket trading on Tuesday after the music streaming company posted fourth-quarter results that comfortably topped Wall Street forecasts, supported by strong user additions and expanding profitability. The company reported earnings per share of €4.43, well above the consensus estimate of €2.85. Revenue rose to €4.53 billion,…
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Harley-Davidson slides despite Q4 beat as cautious 2026 outlook rattles investors
Harley-Davidson (NYSE:HOG) saw its shares sink sharply on Tuesday after issuing downbeat guidance for 2026, overshadowing fourth-quarter results that came in ahead of expectations. The company is attempting to steady operations as retail demand softens and market conditions remain tough. The storied motorcycle brand’s stock dropped 8.14% in pre-market trading following the announcement. For the…
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Coca-Cola revenue growth falls short in Q4, shares retreat
Coca-Cola (NYSE:KO) reported fourth-quarter net revenues that came in below market expectations, with the company saying it is laying the groundwork for “long-term success” as it prepares for a leadership transition later this year. Henrique Braun is set to assume the role of chief executive, taking the helm of the soft-drinks giant and brands such…
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Alphabet completes pricing of $20 billion multi-tranche bond sale
Alphabet Inc. (NASDAQ:GOOG) has finalized the pricing of a $20 billion bond issuance split across seven tranches, with maturities stretching from 2029 through 2066, the company said in a statement. The offering comprises $2.5 billion of 3.700% notes due 2029, $3 billion of 4.100% notes maturing in 2031, $3 billion of 4.400% notes due 2033,…