Latest Business News
Spotify: Q3 Earnings Snapshot
LUXEMBOURG (AP) — LUXEMBOURG (AP) — Spotify Technology SA (SPOT) on Tuesday reported third-quarter earnings of $329.7 million. On a per-share basis, the Luxembourg-based company said it had net income of $1.59. The results fell short of Wall Street expectations....
Maplebear: Q3 Earnings Snapshot
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Maplebear Inc. (CART) on Tuesday reported third-quarter net income of $118 million, after reporting a loss in the same period a year earlier. On a per-share basis, the San Francisco-based company said it had net income of 42 cents. ...
Residents urged to shelter in place after apparent explosion at Louisville business
LOUISVILLE, Ky. (AP) — At least two people were taken to hospitals and residents were urged to shelter in place after an apparent explosion at a Louisville, Kentucky, business on Tuesday. News outlets reported that neighbors heard what sounded like an explosion coming from a...
Occidental: Q3 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Occidental Petroleum Corp. (OXY) on Tuesday reported third-quarter earnings of $1.13 billion. The Houston-based company said it had profit of 98 cents per share. Earnings, adjusted for non-recurring costs, came to $1 per share. The...
Skyworks: Fiscal Q4 Earnings Snapshot
IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Skyworks Solutions Inc. (SWKS) on Tuesday reported fiscal fourth-quarter net income of $60.5 million. The Irvine, California-based company said it had net income of 37 cents per share. Earnings, adjusted for one-time gains and costs,...
Corvus: Q3 Earnings Snapshot
BURLINGAME, Calif. (AP) — BURLINGAME, Calif. (AP) — Corvus Pharmaceuticals Inc. (CRVS) on Tuesday reported a loss of $40.2 million in its third quarter. The Burlingame, California-based company said it had a loss of 60 cents per share. Losses, adjusted for non-recurring costs,...
ZoomInfo: Q3 Earnings Snapshot
VANCOUVER, Wash. (AP) — VANCOUVER, Wash. (AP) — ZoomInfo Technologies Inc. (ZI) on Tuesday reported third-quarter net income of $23.8 million. The Vancouver, Washington-based company said it had profit of 7 cents per share. Earnings, adjusted for stock option expense and...
Fate Therapeutics: Q3 Earnings Snapshot
SAN DIEGO (AP) — SAN DIEGO (AP) — Fate Therapeutics Inc. (FATE) on Tuesday reported a loss of $47.7 million in its third quarter. On a per-share basis, the San Diego-based company said it had a loss of 40 cents. The results exceeded Wall Street expectations. The...
Voyager Therapeutics: Q3 Earnings Snapshot
LEXINGTON, Mass. (AP) — LEXINGTON, Mass. (AP) — Voyager Therapeutics Inc. (VYGR) on Tuesday reported a loss of $9 million in its third quarter. On a per-share basis, the Lexington, Massachusetts-based company said it had a loss of 16 cents. The results topped Wall...
Stock market today: Wall Street drifts lower as the Trump trade cools
NEW YORK (AP) — U.S. stocks drifted lower Tuesday as momentum cooled for the torrid “Trump trade” that swept Wall Street following Donald Trump’s presidential victory. The S&P 500 slipped 0.3% a day after setting its latest all-time high. The Dow Jones Industrial Average...
