Microsoft and Meta Platforms drove Wall Street higher after delivering profits for the start of the year that were even bigger than analysts expected. The S&P 500 rose 0.6% Thursday and was back within 8.8% of its record set earlier this year. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite jumped 1.5%.
GDDY) on Thursday reported first-quarter profit of $219.5 million. The Tempe, Arizona-based company said it had profit of $1.51 per share. Earnings, adjusted for pretax gains, came to $1.27 per share.
Low-income consumers already have been visiting the company's restaurants less, executives said Thursday, adding that traffic from both customer groups is down by nearly double digits.
MCLEAN, Va., May 01, 2025--BigBear.ai Holdings, Inc. (NYSE: BBAI) ("BigBear.ai" or the "Company"), a leader in AI-powered decision intelligence solutions, today announced financial results for the first quarter of 2025 and issued an investor presentation that has been posted to the Investor Relations section of the Company’s website.
(Bloomberg) -- Almost like clockwork since mid-November, Tesla Inc. board chair Robyn Denholm has been selling the company’s stock. During that time, shares whipsawed and the company’s sales slowed — and then cratered — around the world.Most Read from BloombergNJ Transit Urges Commuters to Work Remotely If Union StrikesNYC Lost $9 Billion of Income to Miami, Palm Beach in Five YearsNew York City Transit System Chips Away at Subway Fare EvasionNYC’s Congestion Toll Raised $159 Million in the Firs
SAN JOSE, Calif., May 01, 2025--Roku, Inc. (NASDAQ: ROKU), the #1 TV streaming platform in the U.S.*, announced today that it has entered into an agreement to acquire Frndly TV, a subscription streaming service that offers live TV, on-demand video, and cloud-based DVR for an affordable price.
(Reuters) -Vacation rental platform Airbnb on Thursday forecast second-quarter revenue largely below Wall Street estimates and signaled softening demand in the U.S. as an erratic trade policy hammers consumer sentiment and sparks worries over growth. Over the last two months, Delta Airlines warned travel demand has "largely stalled", while hotel operator Hilton indicated travelers were in a "wait-and see" mode, as President Donald Trump's on-again off-again tariffs take a toll.