Texas Instruments reported adjusted quarterly profit, Q2 earnings forecast stronger than expected; Shire to recommend takeover bid from Takeda Pharmaceutical, Takeda offering $64B; Wynn Resorts revenue below forecasts, increased quarterly dividend 15 cents
Social Security payments may be subject to cuts. Here's what the timing looks like.
You won't believe the amount of money that the bottler intends to return to shareholders.
Shopify reported Q1 earnings that topped analyst estimates while revenue edged by views. But shares plunged on Q2 guidance.
Investing in cheap stocks brings unique risks because there is usually a reason the companies are undervalued.
Uber Technologies stock was falling Wednesday after the ride-sharing company posted a first-quarter loss when analysts expected a profit. Uber reported a first-quarter adjusted loss of 32 cents a share on revenue of $10.13 billion. The net loss for the quarter was $654 million, which includes a $721 million headwind due to “unrealized losses related to the revaluation of Uber’s equity investments.”
“Those people aren’t just being useless (and being coddled to think useless jobs actually matter—they don’t), but they are also taking money away from the rest of the workforce’s retirement programs.”
Uber and Shopify sold off early Wednesday on earnings, but Arista Networks led stocks flashing buy signals on results.
Warren Buffett is selling his largest holding, and that's a huge deal.
Luminar Technologies, a maker of lidar sensors for self-driving cars, said on Tuesday that Tesla was the largest customer for its sensors in the first quarter, accounting for more than 10% of its total revenue of $21 million during the period. Tesla's electric vehicles that are sold do not use lidars and it is not clear where Tesla used the sensors.
The Oracle of Omaha's short-term actions and long-term ethos don't always mesh.