Nikola Exploring Bankruptcy, WSJ Reports, Sending Stock Tumbling
  • February 6, 2025

Nikola Exploring Bankruptcy, WSJ Reports, Sending Stock Tumbling

(Bloomberg) -- Nikola Corp. is exploring a possible bankruptcy filing, the Wall Street Journal reported, sending shares of the hydrogen-vehicle maker down about 30% in postmarket trading.Most Read from BloombergCitadel to Leave Namesake Chicago Tower as Employees RelocateTransportation Memos Favor Places With Higher Birth and Marriage RatesState Farm Seeks Emergency California Rate Hike After FiresNYC Sees Pedestrian Traffic Increase in Congestion-Pricing ZoneHow London’s Taxi Drivers Navigate t

Bill.com (NYSE:BILL) Reports Q4 In Line With Expectations But Stock Drops 28.4%
  • February 6, 2025

Bill.com (NYSE:BILL) Reports Q4 In Line With Expectations But Stock Drops 28.4%

Payments and billing software maker Bill.com (NYSE:BILL) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 13.9% year on year to $362.6 million. On the other hand, next quarter’s revenue guidance of $355 million was less impressive, coming in 1.6% below analysts’ estimates. Its non-GAAP profit of $0.56 per share was 20.1% above analysts’ consensus estimates.

Doximity (NYSE:DOCS) Reports Upbeat Q4, Stock Jumps 22.5%
  • February 6, 2025

Doximity (NYSE:DOCS) Reports Upbeat Q4, Stock Jumps 22.5%

Healthcare professional network Doximity (NYSE:DOCS) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 24.6% year on year to $168.6 million. On top of that, next quarter’s revenue guidance ($133 million at the midpoint) was surprisingly good and 4.7% above what analysts were expecting. Its non-GAAP profit of $0.45 per share was 34% above analysts’ consensus estimates.

No Surprises In Power Integrations’s (NASDAQ:POWI) Q4 Sales Numbers But Quarterly Revenue Guidance Significantly Misses Expectations
  • February 6, 2025

No Surprises In Power Integrations’s (NASDAQ:POWI) Q4 Sales Numbers But Quarterly Revenue Guidance Significantly Misses Expectations

Semiconductor designer Power Integrations (NASDAQ:POWI) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 17.6% year on year to $105.3 million. On the other hand, next quarter’s revenue guidance of $105,250 was less impressive, coming in 99.9% below analysts’ estimates. Its non-GAAP profit of $0.30 per share was 8.7% above analysts’ consensus estimates.

Pinterest (NYSE:PINS) Surprises With Q4 Sales, Stock Jumps 15.4%
  • February 6, 2025

Pinterest (NYSE:PINS) Surprises With Q4 Sales, Stock Jumps 15.4%

Social commerce platform Pinterest (NYSE: PINS) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 17.6% year on year to $1.15 billion. Guidance for next quarter’s revenue was better than expected at $844.5 million at the midpoint, 1% above analysts’ estimates. Its non-GAAP profit of $0.56 per share was 13.5% below analysts’ consensus estimates.

Amazon’s (NASDAQ:AMZN) Q4 Earnings Results: Revenue In Line With Expectations But Quarterly Revenue Guidance Misses Expectations
  • February 6, 2025

Amazon’s (NASDAQ:AMZN) Q4 Earnings Results: Revenue In Line With Expectations But Quarterly Revenue Guidance Misses Expectations

Cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 10.5% year on year to $187.8 billion. On the other hand, next quarter’s revenue guidance of $153.3 billion was less impressive, coming in 3.4% below analysts’ estimates. Its GAAP profit of $1.86 per share was 25.4% above analysts’ consensus estimates.

Why Lyft (LYFT) Stock Is Up Today
  • February 6, 2025

Why Lyft (LYFT) Stock Is Up Today

Shares of ride sharing service Lyft (NASDAQ: LYFT) jumped 5.3% in the afternoon session after the company announced a partnership with Amazon and AI startup Anthropic to develop artificial intelligence tools for customer care. It noted that some of its existing AI deployments have drastically reduced customer service resolution times. Jason Vogrinec, executive vice president of platforms at Lyft, added, "We see AI as an opportunity to improve the quality and effectiveness of our operations, not

Why Philip Morris (PM) Stock Is Up Today
  • February 6, 2025

Why Philip Morris (PM) Stock Is Up Today

Shares of tobacco company Philip Morris International (NYSE:PM) jumped 10.5% in the afternoon session after the company reported strong fourth-quarter results that beat analysts' revenue expectations, driven by its 9% sales growth in the Smoke-free division. Specifically, the division's growth was led by a 46% increase in unit sales of nicotine pouches like ZYN. In addition, its gross margin, EPS, and EPS guidance were higher than Wall Street's estimates. Overall, this quarter had some key posit