Pinterest shares cratered more than 20% on Friday, after the company cited tariff-related shocks in disappointing fourth-quarter earnings. The social media company’s Q4 earnings came in below analysts’ expectations, with revenue of $1.32 billion compared with LSEG consensus estimates of $1.33 billion. Net income for the quarter plunged 85% to $277 million from $1.85 billion…
Instacart shares climbed 14% during extended trading on Thursday after the grocery delivery company reported strong fourth-quarter revenue and forecast upbeat guidance. Here’s how the company did versus LSEG estimates: Earnings per share: 30 cents vs. 52 cents expected Revenue: $992 million vs. $974 million expected Revenue grew 12% from a year ago. Net income…
HANGZHOU, CHINA – NOVEMBER 11 2025: A deliveryman picks up an order at a Burger King outlet in Hangzhou in east China’s Zhejiang province Tuesday, Nov. 11, 2025. LONG WEI | Feature China | Future Publishing | Getty Images Restaurant Brands International on Thursday reported quarterly earnings and revenue that topped expectations, fueled by strong international growth….
Dutch payments giant Adyen‘s stock fell as much as 20% after it posted net revenue guidance and payment processing volume that were slightly weaker than expected. The company forecast net revenue growth of 20% to 22% for 2026, while analysts expected year-on-year growth at 22.8%, according to LSEG estimates. “This outlook is underpinned by a…
The Mercedes star, the brand logo of the vehicle manufacturer Mercedes-Benz, rotates on a building of a Mercedes-Benz car dealership. Picture Alliance | Picture Alliance | Getty Images German luxury car manufacturer Mercedes-Benz Group on Thursday reported a steep drop in full-year profit and warned of challenging times ahead, following a year marred by intense…
SoftBank CEO Masayoshi Son and OpenAI CEO Sam Altman attend an event to pitch AI for businesses in Tokyo, Japan Feb. 3, 2025. Kim Kyung-Hoon | Reuters SoftBank posted a $2.4 billion gain at its Vision Fund in the December quarter as a jump in the value of its OpenAI investment helped offset losses in…
McDonald’s on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations as its value push wins back customers. “By listening to customers and taking action, we have improved traffic and strengthened our value & affordability scores,” CEO Chris Kempczinski said in a statement. Here’s what the company reported compared with what Wall Street was…
Cisco CEO Chuck Robbins appears at the World Economic Forum in Davos, Switzerland, on Jan. 21, 2026. Krisztian Bocsi | Bloomberg | Getty Images Cisco reported better-than-expected quarterly results on Wednesday, but the stock dropped about 7% in extended trading as earnings guidance for the current period only met estimates. Here’s how the company did…
Meta Ray-Ban Gen 2 AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images EssilorLuxottica‘s more than tripled its Meta artificial intelligence glasses sales last year, the Ray-Ban maker said on Wednesday in its fourth-quarter results. The French-Italian eyewear brand…
An employee works at Shopify’s headquarters in Ottawa, Ontario in Canada. Chris Wattie | Reuters Shopify on Wednesday reported fourth-quarter results that beat on the top line and gave strong guidance to start the year. The stock slid more than 3%. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings…
