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.
Asian-News.net is your go-to online destination for comprehensive coverage of major news across Asia. From politics and business to culture and technology, we bring you the latest updates, deep analyses, and critical insights from every corner of the continent. Featuring exclusive interviews, high-quality photos, and engaging videos, we keep you informed on the breaking news and significant events shaping Asia. Stay connected with us to get a 24/7 update on the most important stories and trends. Our daily updates ensure that you never miss a beat on the happenings in Asia's diverse nations. Whether it's a political shift in China, economic development in India, technological advancements in Japan, or cultural events in Southeast Asia, Asian-News.net has it covered. Dive into the world of Asian news with us and stay ahead in understanding this dynamic and vibrant region.
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.
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 on Tuesday reported quarterly revenue that missed analysts' expectations as both its U.S. and international cafes faced weaker demand.
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.
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.
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.
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 -- 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.