• Feb 06, 2025

Expedia (NASDAQ:EXPE) Surprises With Strong Q4, Stock Soars

Online travel agency Expedia (NASDAQ:EXPE) beat Wall Street’s revenue expectations in Q4 CY2024, with sales up 10.3% year on year to $3.18 billion. Its non-GAAP profit of $2.39 per share was 13.9% above analysts’ consensus estimates.

  • Feb 06, 2025

Amazon’s (NASDAQ:AMZN) Q4 Earnings Results: Revenue In Line With Expectations But Quarterly Revenue Guidance Misses Expectations

Cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 10.5% year on year to $187.8 billion. On the other hand, next quarter’s revenue guidance of $153.3 billion was less impressive, coming in 3.4% below analysts’ estimates. Its GAAP profit of $1.86 per share was 25.4% above analysts’ consensus estimates.

  • Feb 06, 2025

Why Lyft (LYFT) Stock Is Up Today

Shares of ride sharing service Lyft (NASDAQ: LYFT) jumped 5.3% in the afternoon session after the company announced a partnership with Amazon and AI startup Anthropic to develop artificial intelligence tools for customer care. It noted that some of its existing AI deployments have drastically reduced customer service resolution times. Jason Vogrinec, executive vice president of platforms at Lyft, added, "We see AI as an opportunity to improve the quality and effectiveness of our operations, not

  • Feb 06, 2025

Why Philip Morris (PM) Stock Is Up Today

Shares of tobacco company Philip Morris International (NYSE:PM) jumped 10.5% in the afternoon session after the company reported strong fourth-quarter results that beat analysts' revenue expectations, driven by its 9% sales growth in the Smoke-free division. Specifically, the division's growth was led by a 46% increase in unit sales of nicotine pouches like ZYN. In addition, its gross margin, EPS, and EPS guidance were higher than Wall Street's estimates. Overall, this quarter had some key posit

  • Feb 06, 2025

Winklevoss twins’ crypto exchange Gemini is said to weigh IPO

(Bloomberg) -- Gemini, the cryptocurrency firm backed by the billionaire Winklevoss twins, is considering an initial public offering as soon as this year, according to people familiar with the matter.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateNYC Sees Pedestrian Traffic Increase in Congestion-Pricing ZoneTransportation Memos Favor Places With Higher Birth and Marriage RatesState Farm Seeks Emergency California Rate Hike After FiresHow London’s Taxi Drive