The New York Stock Exchange welcomes executives and guests of Roblox in celebration of its direct listing, March 10, 2021. NYSE Roblox reported results for the fiscal fourth quarter Wednesday that beat consensus estimates on the top and bottom lines. Shares closed up more than 10%. Here’s how the company did: Losses per share: 52 … Read more
A logo outside a Societe Generale SA bank branch in Paris, France. Bloomberg | Bloomberg | Getty Images Societe Generale on Thursday reported a sharp decline in fourth-quarter net profit on the back of weaker net banking income, but launched a new 280 million euro ($302 million) share buyback program. The French lender posted a … Read more
Arm CEO Rene Haas and executives cheer as Softbank’s Arm, a chip design firm, holds an initial public offering at the Nasdaq MarketSite in New York, Sept. 14, 2023. Brendan Mcdermid | Reuters Shares of chip designer Arm climbed almost 30% in extended trading Thursday morning after the company reported better-than-expected earnings Wednesday and a … Read more
The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024. Bing Guan | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more
The interior of an Under Armour store is seen on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Under Armour said Thursday that its holiday-quarter sales slowed, but its earnings beat estimates as the athletic apparel retailer worked to rein in costs. Soft demand in North America and a slowdown in wholesale … Read more
A Spirit Airlines plane awaits takeoff at LaGuardia Airport in New York Leslie Josephs/CNBC Spirit Airlines‘ fourth-quarter loss narrowed to nearly $184 million, but its CEO said the carrier is back on the path to profitability and the domestic air travel market is improving. The carrier is trying to find its footing after domestic fares … Read more
Disney shares were 7% higher in premarket trade early Thursday, after the company’s first-quarter earnings beat estimates and it announced a slew of major deals and upcoming events. In its most eye-catching announcement, CEO Bob Iger said the company would take its biggest step yet into gaming with a $1.5 billion stake in Epic Games, … Read more
SoftBank posted its biggest gain in nearly three years at the flagship tech investment arm, the Vision Fund, in the December quarter amid a recovery in valuation of technology companies. Here’s how SoftBank did in the December quarter against LSEG estimates: Net sales: 1.77 trillion Japanese yen ($11.9 billion) versus 1.8 trillion Japanese yen expected. … Read more
Giant gantry cranes and off loading freighter in Haifa container port, Israel. Ucg | Universal Images Group | Getty Images LONDON — Shares of Danish shipping giant Maersk slumped more than 14% in early trade Thursday after it flagged “high uncertainty” in its 2024 earnings outlook amid Red Sea disruptions and an oversupply of shipping … Read more
A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | Reuters T his report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more
