The SolarEdge logo is seen on a smartphone and a PC screen.Pavlo Gonchar | SOPA Images | Sipa USA via AP ImagesShares of SolarEdge tumbled on Wednesday after hours, following the solar product manufacturer's soft guidance for its fourth quarter amid demand struggles in the renewable energy sector.Here's how...
Check out the companies making headlines in extended trading. SolarEdge — The solar stock cratered 23% after SolarEdge posted a dismal third-quarter report and outlook for the current quarter's revenue. SolarEdge lost 55 cents per share, excluding items, while analysts polled by LSEG, formerly known as Refinitiv, forecast a...
Rafael Henrique | SOPA Images | LightRocket | Getty ImagesDisney said Wednesday that it had agreed to buy Comcast's one-third stake in streaming service Hulu, a long-expected outcome.Disney said it expects to pay Comcast's NBCUniversal about $8.61 billion by Dec. 1, reflecting the guaranteed minimum value of $27.5 billion...
An employee walks past a quilt displaying Etsy Inc. signage at the company's headquarters in the Brooklyn.Victor J. Blue/Bloomberg via Getty ImagesShares of Etsy fell more than 4% in extended trading Wednesday after the company released third-quarter results that missed analysts' estimates for revenue, and forecasted a decline in...
E.l.f. Beauty raised its full-year outlook for the second quarter in a row on Wednesday after posting another 76% year-over-year sales jump, beating Wall Street's expectations. The cosmetics company, known for its viral TikTok marketing and middle-of-the-road pricing, also saw profits nearly triple compared with the year-ago period. Shares jumped about...
The Tinder logo displayed on a smartphone.Rafael Henrique | SOPA Images | LightRocket | Getty ImagesMatch Group, the parent company of dating apps Tinder and Hinge, is trading at its lowest price since it spun out into a separate company from IAC in July 2020. The stock closed down...
The Netflix logo is displayed at its corporate offices in Los Angeles on Sept. 25, 2023.Mario Tama | Getty ImagesNetflix said Wednesday its cheaper, ad-supported tier has amassed 15 million global monthly active users.That's triple the most recent figure, disclosed in May, and notable growth for Netflix as it...
A SpaceX Falcon Heavy rocket launches on its mission with a classified payload for the U.S. Space Force at Cape Canaveral, Florida, U.S., November 1, 2022.Steve Nesius | ReutersThe U.S. Space Force assigned 21 rocket launches to SpaceX and United Launch Alliance, worth about $2.5 billion in total, the...
Southwest Airlines Boeing 737-700 aircraft as seen landing at dusk time at Ronald Reagan Washington National Airport DCA in Arlington County, Virginia over the Potomac River in the United States of America flying over water and buildings.Nicolas Economou | Nurphoto | Getty ImagesSouthwest Airlines flight attendants would get 36%...
Check out the companies making headlines in midday trading. Advanced Micro Devices — The stock added 8% after the chipmaker beat analysts' expectations for its third-quarter earnings . The company also offered positive 2024 guidance for artificial intelligence GPU revenue. Generac — The generator builder popped more than 15% after...