Trade Desk shares plunge 30% on weak guidance tied to auto strikes

Jeff Green, CEO, The Trade DeskScott Mlyn | CNBCThe Trade Desk shares plunged about 30% in after-hours trading on Thursday after the ad-tech company issued fourth-quarter revenue guidance that fell well short of analysts' estimates.Third-quarter results topped estimates. Here's how the company did:Earnings per share: 33 cents, adjusted vs. 29...

Read more...

Iridium, Qualcomm end satellite-to-phone partnership

A Qualcomm sign is pictured at the Mobile World Congress in Shanghai.Aly Song | ReutersU.S. semiconductor giant Qualcomm ended its partnership with satellite communications company Iridium to provide satellite-to-phone services, Iridium announced on Thursday.Iridium stock fell more than 8% in after-hours trading from its close at $37.14 a shareThe...

Read more...

Unity (U) Q3 earnings report 2023

Jim Whitehurst, CEO of Redhat. Adam Jeffery | CNBCUnity Software shares fell as much as 15% in extended trading on Thursday after the video-game engine maker reported a third-quarter revenue miss and refrained from issuing guidance.Here's how the company did:Earnings: Loss of 32 cents per shareRevenue: $544.2 million vs. $553.7...

Read more...

GOP riders to stop SEC rules face difficult legislative path

Legislation that contains several provisions to stop major SEC rule proposals affecting financial advisors stalled in the House Thursday, and the so-called policy riders face a difficult legislative path ahead. The House postponed a final vote on an appropriations bill that would fund the Securities and Exchange Commission and several...

Read more...