Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024.Brendan McDermid | ReutersPinterest shares plunged as much as 15% on Thursday after the social media company provided soft guidance for its fourth-quarter revenue despite beating on the top and bottom...
The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles in Los Angeles on Sept. 17, 2024.Andrej Sokolow | Picture Alliance | Getty ImagesSnap reported better-than-expected third-quarter results on Tuesday but issued light fourth-quarter guidance. The stock jumped more than 10% in extended trading.Here is...
Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on the floor setting the share price at $47 in its initial public offering (IPO) on March 21, 2024 in New York City.Spencer Platt | Getty ImagesReddit shares jumped 22%...
Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023.Josh Edelson | AFP | Getty ImagesMeta is slated to report second-quarter earnings on Wednesday after the close of regular trading.Here's what analysts polled by LSEG are...
Bill Ready, CEO of Pinterest, rings the opening bell at New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024. Brendan McDermid | ReutersPinterest shares sank about 15% when the company reported its second-quarter earnings on Tuesday and provided third-quarter guidance that was lower than analyst estimates.Here's...
Frank Slootman, CEO of Snowflake, on the day of the company's initial public offering on Sept. 16, 2020.CNBCSnowflake said Wednesday that CEO Frank Slootman, 65, is retiring, and will be replaced by former Google ad chief Sridhar Ramaswamy. The shares plunged 20% in extended trading.Ramaswamy, 57, spent 15 years...
Pavlo Gonchar | Lightrocket | Getty ImagesUnity Software shares plummeted 17% in extended trading on Monday after the gaming software company issued weaker-than-expected guidance for the current quarter.Here's how the company did:Earnings: Loss of 66 cents per share. The results may not be comparable to the 46-cent loss predicted...
Jeff Green, CEO, The Trade DeskScott Mlyn | CNBCShares of The Trade Desk jumped over 18% on Thursday after the advertising technology company issued strong first-quarter guidance and beat on revenue.Here's what analysts were expecting:Earnings per share: 41 cents, adjusted vs. 43 cents expected by LSEG, formerly known as RefinitivRevenue:...
A display for image sharing and social media service Pinterest is seen at the Collision conference in Toronto, Ontario, Canada June 23, 2022.Chris Helgren | ReutersPinterest shares plummeted in extended trading on Thursday after the company issued a weaker-than-expected forecast and missed on revenue.Revenue: $981 million vs. $991 million...
Snap Inc. co-founder and CEO Evan Spiegel speaks during the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, June 17, 2022.Benoit Tessier | ReutersSnap on Tuesday reported revenue that trailed analysts' estimates and issued a forecast that came in a...