Pinterest shares tumble nearly 15% on weak guidance
Pinterest shares sank about 15% when the company reported its second-quarter earnings on Tuesday and provided third-quarter guidance that was lower than analyst estimates.
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First Solar tops second-quarter estimates, but leaves 2024 forecast unchanged
First Solar reported second-quarter results Tuesday that beat revenue and earnings expectations, but the solar technology company left its forecast for the year unchanged.
Starbucks revenue misses estimates as same-store sales decline for second straight quarter
Starbucks on Tuesday reported quarterly revenue that missed analysts' expectations as both its U.S. and international cafes faced weaker demand.
CrowdStrike shares plunge 11% to lowest level of the year on report that Delta may seek damages
CrowdStrike shares fell tumbled 11% on Tuesday to their lowest level of the year following a report that Delta Air Lines hired prominent attorney David Boies to seek damages from the security software vendor.
At the year's biggest air show, Boeing and Airbus orders were muted. Supply chain worries were not
FARNBOROUGH, England — Massive airplane orders, hundreds deep in recent years, were absent from this year's biggest air show. The focus instead was on struggles at Boeing and Airbus to ramp up airplane production while battling a hangover from the pandemic that was marked by seesawing output.
IDF targets Beirut suburb in retaliation for attack that killed 12 in the Golan Heights
The Israeli military said on Tuesday it had carried out an airstrike in a suburb of southern Beirut, targeting a commander they say was in charge of an attack on Israeli-controlled Golan Heights that killed 12 young people last week.
Stellantis to offer broad buyouts to U.S. salaried workers, warns of possible layoffs
DETROIT – Automaker Stellantis plans to once again reduce its U.S. employee headcount through a broad voluntary buyout, as the company attempts to reduce costs and boost profits.
Hong Kong developer Hang Lung's shares sink 15% after profit cut
HONG KONG -- Hang Lung Properties, one of the largest real estate developers in Hong Kong, saw its stock price plunge by double-digits on Tuesday after it reported disappointing earnings.