Markets / Marketing

Pinterest stock jumps more than 20% despite profit loss, as Elliott confirms stake and users remain

Pinterest Inc missed forecasts on earnings and directed lower revenue than analysts had expected in the current quarter, but shares continued to rally in after-hours trading as users paused in a quarter that prompted a sudden turnaround and attracted an active investor. pinterest pins, + 2.62% On Monday, it reported a second-quarter loss of $43.1 …

Pinterest stock jumps more than 20% despite profit loss, as Elliott confirms stake and users remain Read More »

Roku stock falls as earnings come under widespread criticism: ‘The sum of all our concerns’

Shares of Roku Inc. fell. In pre-market trading on Friday after the streaming company admitted there was a “significant slowdown” in ad spending that helped push it to weaker-than-expected results that could continue beyond the last quarter. ‚ÄúConsumers began adjusting discretionary spending, and advertisers significantly reduced spending in the scattered advertising market (TV ads purchased …

Roku stock falls as earnings come under widespread criticism: ‘The sum of all our concerns’ Read More »

Tilray expected to incur a quarterly loss with market share losses in Canada and headwinds in the FX market

Tilray is not expected to report a profit in the fourth quarter of the fiscal year when it presents its latest results on Thursday, but analysts at least held firm about their projected loss to the cannabis company. Wall Street Analysts Who Follow Tilray TLRY, -3.55% TLRY, -4.13% We expect the company to lose 8 …

Tilray expected to incur a quarterly loss with market share losses in Canada and headwinds in the FX market Read More »

Amazon Earnings Preview: Recession Fears May Lead to Cuts to Amazon’s Cloud Computing Services

With recession fears looming, Amazon.com’s cloud services business could come under pressure, Mizuho Securities analysts warned in a note heading into the tech giant’s second-quarter earnings announcement scheduled for Thursday. Mizuho analysts recently took a call with IT service companies and found that CIOs expect a “shallow stagnation scenario” and will reduce their spending by …

Amazon Earnings Preview: Recession Fears May Lead to Cuts to Amazon’s Cloud Computing Services Read More »