New for subscribers: Stock market live updates: Dow futures up 100, Twitter soars, Coronavirus names rebound Check out CNBCPro and get your first 30 days free.
8:42 am: Peloton under pressure after earnings, shares fall 7%slid 7% in premarket trading after the company reported widening losses and slowing revenue growth in the second quarter. The company lost $55.4 million for a loss of 20 cents per share. This was smaller than the 36 cent loss analysts had been expecting, according to estimates from Refinitiv, but. Revenue rose 77% to $466.3 million, which topped Street expectations, although the pace of growth slowed from the prior quarter.
The company said that connected fitness subscribers surged 96% year-over-year, but the average net monthly churn rate did tick higher to 0.74%, compared to 0.52% a year earlier.slipped about 3% in premarket trading, a relatively small move for the stock after three days in a row of crazy swings. Tesla gained 19.9% and 13.7% on Monday and Tuesday, respectively, before selling off sharply on Wednesday and dropping 17.2%.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Twitter Hits 152 Daily Users, Stock SoarsTwitter's fourth-quarter earnings missed estimates, but the stock soared in pre-market activity amid better-than-expected growth in the number of daily active users to 152 million and the social media giant's first $1 billion revenue quarter. Details:
Leer más »
Twitter stock gains after first $1 billion revenue quarter, big user-growth beatTwitter Inc. cracked $1 billion in quarterly revenue for the first time this holiday season, topping expectations, though the social-media company’s profit...
Leer más »
Taco Bell parent's stock falls on earnings missYum Brands, which owns Taco Bell, KFC, and Pizza Hut, fell short of Wall Street's estimates for its fourth-quarter earnings.
Leer más »
Twitter’s Q4 Users, Sales Beat Street In Key Quarter: Stock PopsTwitter early Thursday posted $1.01 billion in fourth-quarter revenue, beating Wall Street estimates in a crucial quarter that’s being heavily scrutinized after some glitches in its advertising pro…
Leer más »
How to Make Fish Stock (Fumet)As with most classic preparations, fish stock comes with lots of rules. We put them to the test to see which matter and which don't. The resulting method couldn't be easier.
Leer más »
5 things to know before the stock market opens ThursdayU.S. stock futures were moving higher again. Wall Street's powerful rally Wednesday pushed the S&P 500 and Nasdaq to all-time high closes.
Leer más »