Elf Bar disposable flavored e-cigarette products are displayed in a convenience store in El Segundo, California, on June 23, 2022.Patrick T. Fallon | Afp | Getty ImagesE-cigarette usage among U.S. high school students has fallen as the government pursues aggressive action against companies selling illegal vape products that appeal...
Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida.Joe Raedle | Getty ImagesShares of fintech firm Block surged...
New England Patriots cornerback Stephon Gilmore, #24, stretches during the New England Patriots practice session in Foxborough, Massachusetts, on Oct. 22, 2020.Barry Chin | Boston Globe | Getty ImagesSports betting company DraftKings on Thursday posted quarterly revenue that came in ahead of analysts' expectations as the company rises to...
If there is one thing that supporters and opponents agree on about ESG, it might be that there are too many interpretations of its meaning. This week, several groups, including the CFA Institute, gave a list of definitions that they want to be standard across the industry. That includes common...
Michael Cannon-Brookes, co-CEO, AtlassianScott Mlyn | CNBCAtlassian shares plummeted 9% in extended trading Thursday despite better-than-expected earnings and revenue from the software maker and a forecast that met Wall Street's expectations.Here's how the company did, compared with the consensus among analysts surveyed by LSEG, formerly known as Refinitiv:Earnings: 65...
Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022.Carlo Allegri | ReutersStarbucks on Thursday presented the latest stage in its plan to drive growth for the company, which involves accelerating its global footprint and saving $3 billion in costs over the next three...
Check out the companies making headlines in extended trading. Live Nation Entertainment — Shares of the ticket provider climbed nearly 3% after a beat on the top and bottom line in the third quarter. Live Nation reported $1.78 per share on $8.15 billion in revenue against estimates from analysts...
A leading Senate Republican on financial policy wants to open private-market investing to more people who currently don’t meet the net worth or income thresholds to qualify. Expanding the pool of accredited investors is one plank in a proposal to reform capital markets released Thursday by Sen. Tim Scott, R-S.C....
The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023.Patrick T. Fallon | AFP | Getty ImagesParamount Global's stock jumped in extended trading Thursday after it reported strong revenue and subscription trends in its third quarter earnings report.The after-hours move came...
With the Securities and Exchange Commission teeing up an inquiry into another giant firm’s cash sweep business, this time that of Wells Fargo & Co., securities attorneys said there is plenty for registered investment advisors connected to broker-dealers and banks to worry about if they’re falling short on telling...