PayPal sees encouraging growth from Venmo; shares surge after hours
PayPal Holdings Inc. says that its efforts to make money from Venmo are nearing a “tipping point,†news that helped send shares of the payments company up 7% in after-hours trading Thursday......»»
NewsWatch: Disney earnings: Surge by Disney+ to nearly 95 million subscriptions leads to surprise profit
Walt Disney Co.'s streaming service, Disney+, proved again to be a big plus during a pandemic that has all but shuttered the Magic Kingdom's other businesses. And that has company shares up 2% in after-hours trading Thursday......»»
PayPal sees Q1 adjusted EPS growth of about 50%, consensus 99c
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Why Overstock Shares Spiked 13% Today
Overstock.com Inc. (NASDAQ: OSTK) shares jumped 13% in the after-hours session on Monday. The surge came as the company announced a partnership with Pelion Venture Partners to oversee the blockchain assets of its subsidiary Medici Ventures. read more.....»»
Logitech International shares jump after lifting outlook
Shares of Logitech International jumped 8% in early Swiss trade as the computer peripheral maker upgraded its 2021 outlook. It now sees 57% to 60% sales growth at constant currencies on $1.05 billion i.....»»
: Nike stock heads toward record after earnings show a return to sales growth
Nike Inc. shares moved toward fresh record highs in after-hours trading Friday, after the athletic-apparel giant reported a return to revenue growth......»»
USA Truck Sees Green Shoots Amid Uncertainty; Shares Surge
On its earnings conference call with analysts, truckload (TL) carrier USA Truck, Inc. (NASDAQ: USAK) management team said that they are hearing positive feedback from customers regarding a resumption in activity. read more.....»»
USA Truck Sees Green Shoots Amid Uncertainty; Shares Surge
On its earnings conference call with analysts, truckload (TL) carrier USA Truck, Inc. (NASDAQ: USAK) management team said that they are hearing positive feedback from customers regarding a resumption in activ.....»»
Lyft stock sees big gains, but full recovery could be a slog
Lyft Inc. shares surge over 20% after the company cites small improvements in rider trends and outlines new cost-cutting initiatives, but some still question how smooth the ride-hailing giant’s recovery will be......»»
PayPal sees strong second quarter as online spending surges (May 6)
PayPal Holdings Inc said it expects a strong recovery in payments volumes in the second quarter as social distancing drives more people to shop online, even as lockdowns start to ease, sending its shares up 8% in extended trading......»»
Etsy expects face-mask sales to be a big financial boost, but stock falls from record high
Etsy Inc. said Wednesday that sales of face masks on its e-commerce site led to huge growth in April sales, but first-quarter earnings disappointed investors and shares fell 8% in after-hours trading. Etsy reported profit of $12.5 million, or 10 cents .....»»
Peloton stock heads for record high after reporting surge in pandemic purchases
Peloton Interactive Inc. sales topped $500 million in its most recent quarter, a new milestone that pushed the connected exercise-equipment company’s young shares toward new highs in after-hours trading......»»
PayPal sees Q2 adjusted EPS growth 15%-20%, consensus 76c
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Qualcomm Shares Surge As Q2 Earnings Beat Analyst Estimates Despite Pandemic
The shares of QUALCOMM, Inc. (NASDAQ: QCOM) surged in the after-hours session on Wednesday as the company reported better-than-expected earnings for the second quarter. read more.....»»
Facebook earnings and user growth miss expectations, but stock still spikes
The social-networking giant, which gleans nearly all of its revenue through advertising, reported better-than-expected revenue but missed on earnings, sending its shares up 8% in after-hours trading......»»
Bank of America"s Erica sees growth as bank prepares for effects of the coronavirus crisis
This story was delivered to Business Insider Intelligence Banking Briefing subscribers earlier this morning. To get this story plus others to your inbox each day, hours before they're published on Business Insider, click here. Stay.....»»
Pinterest reveals sales and users grew faster than expected despite COVID-19, stock shoots higher
Pinterest Inc. preannounced first-quarter sales and user growth that were better than expected despite the COVID-19 pandemic Tuesday, sending shares shooting more than 10% higher in after-hours tradin.....»»
Super League Gaming sees "dramatic" surge in users, hours of gameplay
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Wayfair shares surge as coronavirus drives sales
Wayfair said that when it entered March, gross revenue growth was just under 20%......»»
Nike stock rallies as retailer sees 36% digital-sales growth
Nike Inc. shares rose more than 5% in the extended session Tuesday after the retailer reported fiscal third-quarter results above Wall Street expectations and said its digital sales rose 36%. Nike said it earned $847.....»»
AMD stock rises after hours on strong growth forecast
Advanced Micro Devices Inc. shares rose in the extended session Thursday after the chip maker forecast more robust long-term growth as it continues to take market share away from rivals. AMD s.....»»