Jakub Porzycki | Nurphoto | Getty ImagesTemu, the controversial Chinese e-commerce giant looking to take on Amazon, is returning to the big game on Sunday with a Super Bowl ad that lawmakers are calling on Paramount Global and CBS not to run.The company, owned by PDD Holdings, skyrocketed to...
Check out the companies making headlines in midday trading. Pinterest — Shares fell about 11% after the image-sharing company issued softer-than-expected guidance for its first-quarter revenue. Late Thursday, Pinterest posted fourth-quarter revenue that disappointed Wall Street, but beat on earnings, per LSEG. CleanSpark – The bitcoin miner surged 37%...
Pedestrians pass a JPMorgan Chase bank branch in New York.Michael Nagle | Bloomberg | Getty ImagesThe three biggest American retail banks collected 25% less overdraft revenue last year as the companies, under pressure from regulators to cap the fees, created new ways for customers to avoid the penalties.JPMorgan Chase,...
The prices consumers pay in the marketplace rose at an even slower pace than originally reported, according to closely watched revisions the government released Friday.Revisions to the consumer price index showed that the broad basket of goods and services measured increased 0.2% on the month, less than the originally...
Check out the companies making headlines before the bell: PepsiCo — Shares slipped 1.4% after the beverage and snacks giant reported mixed fourth-quarter results. Revenue came in at $27.85 billion, missing the LSEG consensus estimate of $28.4 billion. Adjusted earnings per share was $1.78, versus the $1.72 expected. Pepsi...
YouTuber Deestroying and NFL Commissioner Roger Goodell presenting at YouTube's Brandcast in May 2023.Credit: YouTubeYouTube bet big on the NFL to boost its subscriber base, and content creators have been key to that push.After YouTube committed $2 billion per year to secure the rights to NFL Sunday Ticket, YouTube...