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Stock Market

Synopsys Stock Falls On Weak Guidance After Mixed Quarterly Report

[ad_1] Chip design software maker Synopsys (SNPS) late Wednesday delivered better-than-expected earnings on in-line sales for its fiscal first quarter.…

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Stock Market

Shopify Stock Rally Snuffed Out On Weak 2023 Revenue Outlook

[ad_1] E-commerce firm Shopify (SHOP) on Wednesday reported earnings and revenue for the fourth quarter that topped analyst estimates. But…

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Technology

How a slowing digital ad market, Apple's ATT changes, tech companies' internal turmoil, weak content moderation, and more are contributing to a junk ad epidemic (Tiffany Hsu/New York Times)

[ad_1] Tiffany Hsu / New York Times: How a slowing digital ad market, Apple’s ATT changes, tech companies’ internal turmoil,…

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Technology

Lyft's stock opens down 32% after the company forecast $975M in Q1 revenue vs. $1.09B est.; Lyft CFO blamed "seasonality and lower prices" for the weak guidance (Lauren Feiner/CNBC)

[ad_1] Lauren Feiner / CNBC: Lyft’s stock opens down 32% after the company forecast $975M in Q1 revenue vs. $1.09B…

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Banking

Lyft Gets Price Targets Cut By Analysts After Weak Guidance

[ad_1] Lyft, Inc. (NASDAQ:LYFT) reported better-than-expected sales for its fourth quarter, but issued Q1 revenue guidance below analyst estimates. Lyft…

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Politics

‘Highly irresponsible’: China condemns Biden’s SOTU comments while GOP criticizes administration as ‘weak’

[ad_1] China hit back at President Joe Biden’s State of the Union address in a fiery response Thursday, after the…

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Stock Market

AppLovin stock soars more than 25% following strong forecast in a weak market

[ad_1] AppLovin Corp. shares soared in the extended session Wednesday after the app-monetization company provided a strong forecast in a…

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Technology

Pinterest reports Q4 revenue up 4% YoY to $877M, vs. $886.3M est., $17M net income, and global MAUs up 4% YoY to 450M; stock drops 10%+ on a weak Q1 forecast (Jonathan Vanian/CNBC)

[ad_1] Jonathan Vanian / CNBC: Pinterest reports Q4 revenue up 4% YoY to $877M, vs. $886.3M est., $17M net income,…

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Stock Market

Tech Stocks Are Soaring Despite Weak Earnings. Here’s What It Means.

[ad_1] Technology stocks have kicked off the year with a roar, staging the kind of spirited, widespread rally last seen…

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Stock Market

Ford’s weak quarter yields a stock downgrade — along with some criticism

[ad_1] Ford Motor Co.’s eye-watering $2 billion loss for the year and its mixed quarter led to at least one…

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