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Media

Block offers a glimpse of what to expect next year, but its stock slides

The parent company of Square and the Cash App expects to keep expanding operating margins into 2025. ​Read More

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Affirm sees booming buy-now-pay-later growth, but stock dips after earnings

The company is seeing more of its business shift toward interest-bearing products. ​Read More

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CarGurus shares rally after fourth-quarter forecast, but this hurdle lies ahead

Shares of CarGurus Inc. rallied after hours on Thursday, after the online car-buying platform offered a fourth-quarter forecast that was above expectations, as it tries to make deeper inroads with car buyers and dealers in the U.S. and internationally. ​Read More

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Airbnb is seeing ‘strong demand trends’ — with these caveats

Airbnb Inc. on Thursday reported third-quarter sales and other demand metrics that were above Wall Street’s estimates, and the lodging platform said it was “seeing strong demand trends” for the fourth quarter despite a sales outlook that didn’t totally clear analysts’ expectations. ​Read More Earnings Presentation : https://s26.q4cdn.com/656283129/files/doc_financials/2024/q3/Airbnb_Q3-2024-Shareholder-Letter_Final.pdf Revenue:Q3 revenue of $3.7 billion increased 10%

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Toast’s stock soars after company swings to profit and revenue beats estimates

Toast Inc.’s stock soared in after-hours trade Thursday, after the digital-payment platform for restaurants posted better-than-expected revenue for the third quarter, offsetting a profit miss. ​Read More

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DraftKings cuts full-year outlook, citing unfavorable sports-betting outcomes

DraftKings stock falls as “customer-friendly” sports outcomes early in the current quarter led to a lowered full-year revenue outlook. ​Read More

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Pinterest’s stock tumbles as earnings show slim revenue beat

Pinterest Inc.’s stock tumbled in after-hours trading Thursday after the company, which operates a platform for photo and video sharing, posted third-quarter earnings showing a slim revenue beat. ​Read More Earnings Presentation : https://s204.q4cdn.com/369458543/files/doc_earnings/2024/q3/presentation/2024-Q3-IR-Earnings-Presentation.pdf Q3 Revenue of $898 million, an increase of 18% Record 537 million global monthly active users, an increase of 11% SAN

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Lucid opens its order books for Gravity SUV, calling it a ‘landmark’ EV

Lucid to start taking orders for its Gravity SUV and says its financial runway is wide open through 2026. ​Read More

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Rivian’s losses widen, but investors like hearing of ‘progress’ in next-gen EV

Rivian posted a wider loss and lower sales than Wall Street expected, but says it is making progress with its next-generation EV platform. ​Read More

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After OpenAI And Perplexity, AI Startup Anthropic May Secure Another Massive Investment — Amazon Reportedly Considers Major Funding

Amazon is considering a second multi-billion-dollar investment in AI startup Anthropic, following an initial $4 billion stake, as it seeks to leverage its cloud services for training and expand its influence in the AI space. read more ​  ​Amazon is considering a second multi-billion-dollar investment in AI startup Anthropic, following an initial $4 billion stake,

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