Shares of Hims & Hers Health fell in extended trading on Monday after the company reported first-quarter earnings that beat analysts' expectations but offered weaker-than-expected guidance.Here's how the company did based on average analysts' estimates compiled by LSEG:Earnings per share: 20 cents vs. 12 centsRevenue: $586 million vs. $538...
Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025.David Paul Morris | Bloomberg | Getty ImagesPalantir boosted its revenue guidance Monday as the artificial intelligence software company saw commercial and government revenue boom.Shares fell about...
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC. Kevin Dietsch | Getty ImagesPalantir CEO Alex Karp offered up another batch of colorful...
Check out the companies making headlines in extended trading. Palantir Technologies — Shares dropped nearly 7% after the defense tech company reported first-quarter earnings that were in line with Wall Street's expectations. Adjusted earnings of 13 cents per share came in-line with the consensus estimate, per LSEG. Palantir reported...
Check out the companies making headlines in midday trading: Berkshire Hathaway — Warren Buffett's conglomerate saw shares drop more than 4%, retreating from record highs reached on Friday. Monday's sell-off came after the 94-year-old Buffett announced his intention to step down as CEO. The board voted unanimously on Sunday...
The Ford display is seen at the New York International Auto Show on April 16, 2025.Danielle DeVries | CNBCDETROIT – Ford Motor is set to report its first-quarter earnings after the markets close Monday, but investor focus is expected to be more on the automaker's 2025 guidance and impact...
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC When Warren Buffett relinquishes the CEO title at Berkshire Hathaway, he'll leave investors with decades of outsized returns.Buffett shocked the investing world on Saturday with...
People watch as Berkshire Hathaway chairman Warren Buffett is seen on a screen speaking at the Berkshire Hathaway Inc annual shareholders' meeting, in Omaha, Nebraska, U.S., May 3, 2025.Brendan McDermid | ReutersBerkshire Hathaway shares are under pressure Monday as investors process Warren Buffett's surprise announcement to step down and...
Check out the companies making headlines before the bell. Berkshire Hathaway — Warren Buffett's conglomerate saw shares fall more than 1% in premarket after hitting a record high Friday. The decline came after Berkshire's operating earnings fell 14% in the first quarter , driven by a 48.6% plunge in...
My top 10 things to watch Monday, May 5 — Jeff Marks wrote the Top 10 today. 1. Wall Street was heading for a lower open after the S & P 500 on Friday logged its ninth positive session in a row . That was the first time that's...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Shoes are offered for sale at an Adidas store in Chicago on Feb. 10, 2023.Scott Olson | Getty ImagesAdidas announced on Wednesday that it won't write off the majority of its unsold Yeezy inventory and instead plans to sell the remaining shoes "at least" at the cost it paid...
Metronome, a startup that helps software companies offer usage-based billing, has raised $43 million in a Series B funding round led by NEA. Existing backers Andreessen Horowitz and General Catalyst also participated in the financing, which brings its total amount raised to over $78 million since its 2019 inception. Founded by...
The Biogen headquarters in Cambridge, Massachusetts, on Oct. 24, 2023.Vanessa Leroy | Bloomberg | Getty ImagesBiogen on Wednesday said it will discontinue the sale and development of its older and highly controversial Alzheimer's drug Aduhelm to refocus the company's efforts to treat the memory-robbing disease. The biotech company will focus...
These are the stocks posting the largest moves in midday trading.
Walmart Inc. President and CEO Doug McMillon delivers a keynote address during CES 2024 at The Venetian Resort Las Vegas on January 9, 2024 in Las Vegas, Nevada.Ethan Miller | Getty ImagesWalmart already has a huge U.S. footprint. But the retail giant sees room to get even bigger.The company...
The PGA Tour logo is seen during the third round of the Travelers Championship at TPC River Highlands in Cromwell, Connecticut, on June 24, 2017.Fred Kfoury | Icon Sportswire | Getty ImagesA U.S. consortium has agreed to invest up to $3 billion into the PGA Tour, the professional golf...
