Tag: Financial Performance

AMC, big movie chains are more than meme stocks to property bond investors

“Nowhere special. I always wanted to go there,” said Gene Wilder’s character in Mel Brooks’ 1979 parody Western “Blazing Saddles,” a film NPR credited with...

European stocks tumble, tracking Wall Street losses, as Fed’s hawkish turn reveberates

European stocks tumbled Friday, with banks and energy companies leading declines, as investors continued to absorb a hawkish turn by the Federal Reserve and Wall...

‘There was extraordinary generosity’ — Americans gave a record $471 billion to charity in 2020

U.S. charities took in an estimated $471 billion in donations last year. But that record amount of charitable giving was fueled by more than people’s...

Opinion: Saddle up for a summer rally in the stock market

Brace for a summer rally. COVID shutdowns caused the most dramatic economic contraction since the Great Depression but in 2020, the Federal Reserve printed $3.1 trillion to...

Oracle stock falls despite earnings beat, CEO expects to push more money toward cloud efforts

Oracle Corp. blew away expectations for earnings and sales to close out its fiscal year Tuesday, but shares dipped as executives revealed plans to spend...

U.K. unemployment rate drops again, as British stocks open at highest level since February 2020

The U.K. unemployment rate fell to 4.7% in the February to April period, government data showed, marking the fourth straight month of declines after the...

Chipotle’s upcoming launch of smoked brisket should make recent price hikes easy to swallow

Chipotle Mexican Grill Inc. has raised prices, but that shouldn’t stop the fast-casual Mexican chain from gaining market share, according to Wedbush analysts. “We instituted...

Chatter around meme stocks grows quiet as sector sees uncertain end to the weel

After a torrid two weeks of almost non-stop action, things went suddenly eerily quiet in the world of meme stocks on Friday. As the major...

German stocks fall behind European peers after weak industrial data

German stocks got off to a lackluster start on Tuesday, opening in the red and falling behind other major European equity indexes, after data showed...

A huge day for meme stocks sees Mudrick reportedly dump AMC stock, and Roaring Kitty returns to rally GameStop die-hards

An extended holiday hiatus hasn’t stopped the meme stock mojo, with GameStop and AMC Entertainment registering stellar returns to start June action, sending supporters of...

American Airlines joins Southwest in extending suspension of alcohol sales

American Airlines is joining Southwest Airlines in holding off on resuming in-flight alcohol sales following an assault against a flight attendant last week. The moves...

After sweetest week since January, meme stocks end on slightly sour note

If there was a meme for meme stocks, this week’s choice would be “Kombucha girl,” the viral video of a woman trying the fermented tea...

Opinion: The pandemic PC boom is still happening, but twin dangers loom

After more than a year into COVID-19 pandemic, people are still buying personal computers in massive numbers, but PC makers face increasing costs to build...

American Eagle sales could quadruple with demand for mom jeans and loose denim styles on the rise

American Eagle Outfitters Inc. is set to soar, according to UBS. The apparel and accessories retailer reported first-quarter earnings and revenue that beat expectations, but...

Nvidia sales hit records again amid chip shortage, and earnings outlook suggests more to come

Nvidia Corp. broke several quarterly sales records and forecast revenue growth as much as $1 billion above Wall Street estimates for the current quarter Wednesday,...

Opinion: Why bitcoin’s bust and the ‘crypto cult’ threaten all investors

Traders who have been coordinating on social media to promote stratospheric prices in meme stocks, such as GameStop GME, -7.93%, and cryptocurrencies such as bitcoin...

Is AT&T’s Stock Price Too Low? How Much It’s Worth After WarnerMedia Spin.

Text size AT&T said it would “reset” its dividend as part of the transaction, to a payout ratio of about 40% of free cash flow....

Crypto platform Coinbase rolls out convertible debt deal, stock skids below $250 reference price

Coinbase Global Inc. said Monday it plans to sell $1.25 billion of convertible debt, the same day its stock closed below its $250 reference price...

China’s Economic Recovery Slowed in April

BEIJING—China’s economic activity grew at a slower pace in April as retail sales missed expectations, complicating the picture of a steady and balanced recovery in...

Conor McGregor tops the list of highest-paid sports stars

The COVID-19 pandemic did not slow the earnings of the elite sports stars over the past 12 months. According to an annual list released by...

Roku stock gains after earnings, outlook top expectations

Shares of Roku Inc. were up 8% in after-hours trading Thursday after the streaming company delivered better-than-expected results for its first quarter and issued an...

Pfizer’s next play: A vaccine maker and pandemic ‘partner’ to governments

Pfizer Inc.’s COVID-19 vaccine is on track to generate a whopping $26 billion in sales this year, making it the drug maker’s top-selling drug and...

Opinion: Uber investors finally see the costs of treating drivers as employees, and the stock is falling

Uber Technologies Inc. has spent and fought to keep its drivers from becoming classified as employees instead of contractors, and investors finally got a glimpse...

PayPal sees record earnings, volume amid sustained e-commerce surge

This report has been updated to correct the data on transactions per active account and total transactions. PayPal Holdings Inc. saw a record amount of...

Caesars loses more than $400 million in a quarter, and that is an improvement

Caesars Entertainment Inc. continued to battle its way back from the COVID-19 pandemic at the start of 2021, pushing quarterly losses under half a billion...