Bud Light, made by Anheuser-Busch.Joe Raedle | Getty ImagesHiking beer prices led Budweiser owner Anheuser-Busch InBev to profit and revenue growth last year, even U.S. sales of staple brand Bud Light were curbed by boycott action.The world's biggest brewer on Thursday recorded annual revenue of $59.38 billion, up 7.8%,...
Marc Benioff, co-founder and CEO of Salesforce, speaks on a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024.Stefan Wermuth | Bloomberg | Getty ImagesSalesforce shares slid as much as 6% in extended trading on Wednesday after the business software maker issued a light...
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...
A HomeGoods shopping cart area in front of a T.J. Maxx store in Pinole, California, US, on Wednesday, May 3, 2023.David Paul Morris | Bloomberg | Getty ImagesTJX Cos. on Wednesday said holiday sales jumped 13% as shoppers hunting for deals flocked to the off-price retailer. Here's how TJX did...
In this photo illustration, a Beyond Meat produced, burger, meatball as well as a chicken nuggets lay on a table on November 21, 2022 in Miami, Florida. Joe Raedle | Getty ImagesBeyond Meat on Tuesday topped market expectations for fourth-quarter revenue on resilient demand for its faux meat patties in...
The New York Stock Exchange with a Hims & Hers Health banner is pictured in the Manhattan borough of New York City on Jan. 21, 2021.Carlo Allegri | ReutersHims & Hers Health, the online provider of treatments for erectile dysfunction and hair loss, had its best day on the...
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...
Eric Yuan, founder and CEO of Zoom Video Communications, stands before the opening bell during the company's initial public offering at the Nasdaq MarketSite in New York on April 18, 2019.Victor J. Blue | Bloomberg | Getty ImagesZoom shares rose as much as 13% in extended trading on Monday...
Jack Dorsey, co-founder and chief executive officer of Twitter Inc. and Square Inc., listens during the Bitcoin 2021 conference in Miami, Florida, on Friday, June 4, 2021.Eva Marie Uzcategui | Bloomberg | Getty ImagesBlock stock rose 20% in Friday morning trading after the payments company reported fourth-quarter earnings that...
Joachim Nagel, president of Deutsche Bundesbank, during the central bank's "Annual Report 2023" news conference in Frankfurt, Germany, on Friday, Feb. 23, 2024. Bloomberg | Bloomberg | Getty ImagesLosses incurred by the German central bank rocketed into the tens of billions in 2023 due to higher interest rates, requiring it...