Shares of Bob’s Discount Furniture barely budged on the New York Stock Exchange on Thursday after the company priced its initial public offering at $17 per share. That price was within Bob’s expected range of $17 to $19 per share and valued the company at about $2.22 billion. The stock, trading on the NYSE under…
Peloton posted a worse-than-expected holiday quarter on Thursday after shoppers failed to shell out for its new AI-driven product line and turned away from higher subscription prices, sending shares down more than 20% in early trading. The connected fitness company missed Wall Street’s estimates on the top and bottom lines and fell short of its…
This photograph shows a partial view of a Volvo X30 electric car with the company logo at the Volvo factory in Ghent on April 25, 2025. This factory will produce the Volvo X30 100% electric model for the European market. Nicolas Tucat | Afp | Getty Images Shares of Sweden’s Volvo Cars tumbled as much…
The Shell petrol station is at 106 Old Brompton Road in the Royal Borough of Kensington and Chelsea, London, England, United Kingdom, on December 25, 2025. Nurphoto | Nurphoto | Getty Images British oil major Shell on Thursday reported its weakest quarterly profit in nearly five years, amid a weaker crude price environment and unfavorable…
The logo of Japanese entertainment and electronics giant Sony is displayed at the company’s headquarters in Tokyo on May 14, 2025. Kazuhiro Nogi | Afp | Getty Images Sony on Thursday reported a rise in operating profit that beat expectations, despite foreign exchange volatility and higher memory costs. Here are Sony’s December quarter results compared…
Salesforce CEO Marc Benioff appears at the US-Saudi Investment Forum at the Kennedy Center in Washington on Nov. 19, 2025. Stefani Reynolds | Bloomberg | Getty Images Box CEO Aaron Levie says that in the 20-year history of his cloud software vendor, “this is the most exciting moment we’ve ever had.” Wall Street doesn’t see…
President and CEO of Qualcomm Cristiano Amon delivers a speech at the Web Summit at Parque das Nacoes in Lisbon, on November 12, 2024. Patricia De Melo Moreira | AFP | Getty Images Qualcomm reported fiscal first-quarter earnings on Wednesday that beat expectations, but the company’s forecast came up short because of the global memory…
Elf Beauty cosmetics Courtesy: e.l.f Beauty E.l.f. Beauty reported a huge earnings beat Wednesday and raised its guidance for the fiscal year. E.l.f. stock was up as much as 15% in after-hours trading before losing the majority of those gains. Here’s what the company reported for the third fiscal quarter, compared with analyst estimates from…
All-electric vehicle maker Rivian is dealing with a lot: the end of federal support for EVs, a surge in hybrid vehicle sales and a rate of cash burn that still alarms investors, among other things. The company also has relatively low production and delivery numbers, but Rivian CEO RJ Scaringe told CNBC in a December…
Uber reported better-than-expected revenue in its fourth-quarter earnings report on Wednesday. Shares were down about 6% after the call with analysts as the company touted its autonomous vehicle progress but gave soft guidance on first-quarter profits. Here’s how the company did versus LSEG consensus estimates for the period ended in December: Earnings per share: 71…
