PayPal has some big new growth targets. Can it hit its marks?
One analyst says the new growth goals seem achievable. Another worries competition from Apple Pay might get in the way.
Lucid CEO Peter Rawlinson steps down; EV maker plans to double production
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson has stepped down as the company expects to more than double vehicle production this year to 20,000 units. […]
Workday earnings brought ‘what bulls were hoping to see,’ and the stock is up
Workday’s stock has fallen over the past year but one analyst thinks it’s poised for a rebound
Rothy’s posts best year on record after wholesale expansion
Direct-to-consumer footwear brand Rothy’s just recorded its best year on record after the company appointed retail veteran Jenny Ming, one of the co-founders of Old Navy, as its CEO. Ming took the helm of the flats maker from co-founder Stephen Hawthornthwaite in January 2024. Under her direction, the company grew sales 17% to $211 million […]
Eli Lilly offers higher Zepbound weight loss drug doses on LillyDirect
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters Eli Lilly on Tuesday released higher doses of its weight loss drug Zepbound in single-dose vials at as much as half its usual monthly list price to reach more patients without […]
Trump’s ‘DJT’ stock falls for seventh straight trading session
Trump Media & Technology Group Corp.’s stock fell for its seventh trading session in a row, as worries about inflation and consumer strength continued to weigh on the broad market.
Home Depot (HD) Q4 2024 earnings
Home Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for large remodels and pricier projects. For the full year ahead, the company said it expects total sales to grow by 2.8% and comparable sales, which take out the impact of one-time factors like […]
Home Depot’s stock falls as customers are still cautious on large remodels
An uncertain macroeconomic environment and high interest rates weigh on the company’s guidance.
Domino’s earnings missed on everything. Here’s why the quarter was still a win.
Domino’s saw carryout pizza sales increase but delivery sales fall, a sign its low-income customers are still hurting the most.
Hims & Hers offers upbeat forecast, but stock slides after hours
Telehealth and wellness platform Hims & Hers on Monday offered a revenue outlook for the year ahead that topped Wall Street’s expectations, but shares fell hard in after-hours trading, in an echo of Friday’s sell-off amid concerns about the fate of its Ozempic alternatives.
