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Duolingo's growth outlook moderates as it prioritizes engagement over monetization

Duolingo's growth outlook moderates as it prioritizes engagement over monetization

By Akash Sriram May 4 (Reuters) - Duolingo posted strong first-quarter results but signaled a more measured growth trajectory ahead, as the language-learning app prioritizes user engagement and product improvements over near-term monetization.
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Paramount Skydance first-quarter profit benefits from cost-cutting

Paramount Skydance first-quarter profit benefits from cost-cutting

By Dawn Chmielewski May 4 (Reuters) - Paramount Skydance's pre-tax earnings rose in the first quarter, the company said on Monday, as streamlined operations and improved results in its streaming and studios businesses helped offset declines in television.
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Skyworks Solutions forecasts higher revenue on strong chip demand

Skyworks Solutions forecasts higher revenue on strong chip demand

May 5 (Reuters) - Skyworks Solutions forecast quarterly revenue above estimates on Tuesday, betting on strong demand for its radio-frequency chips used in premium smartphones. Shares of the Irvine, California-based company rose more than 1% in extended trading.
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DuPont lifts forecast as price hikes offset Iran war-driven costs

DuPont lifts forecast as price hikes offset Iran war-driven costs

By Pooja Menon May 5 (Reuters) - Industrial materials maker DuPont raised its annual profit and sales forecasts on Tuesday after beating first-quarter estimates, as price increases helped offset higher input costs driven by the U.S. and Israel's war with Iran.
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Match Group beats revenue estimates as Hinge grows, Tinder resets amid AI push

Match Group beats revenue estimates as Hinge grows, Tinder resets amid AI push

May 5 (Reuters) - Match Group posted first-quarter revenue above estimates on Tuesday, driven by the solid performance of dating app Hinge and early signs that a turnaround at Tinder is gaining traction amid a broad push for AI-led transformation.
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Lucid misses quarterly revenue estimates as supplier issue hits Gravity SUV deliveries

Lucid misses quarterly revenue estimates as supplier issue hits Gravity SUV deliveries

May 5 (Reuters) - Lucid Group reported its biggest revenue miss in more than four years on Tuesday, with first-quarter sales coming in 36% below analysts' estimates as a supplier-related issue disrupted Gravity SUV deliveries in February.
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Tyson Foods profit beats estimates on strength in chicken business

Tyson Foods profit beats estimates on strength in chicken business

May 4 (Reuters) - Tyson Foods reported better-than-expected quarterly earnings on Monday, as rising chicken sales helped counter a sharp drop in demand for high-priced beef.
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Live Nation posts upbeat quarterly revenue on steady demand for concerts

Live Nation posts upbeat quarterly revenue on steady demand for concerts

May 5 (Reuters) - Live Nation Entertainment beat analysts' estimates for first-quarter revenue on Tuesday, underscoring steady demand for concerts and live events even as the Ticketmaster parent faces mounting regulatory and legal scrutiny.
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Grain trader ADM raises profit forecast on biofuel demand outlook

Grain trader ADM raises profit forecast on biofuel demand outlook

By Tom Polansek and Katha Kalia May 5 (Reuters) - Grain trader Archer-Daniels-Midland increased its forecast for full-year profit and beat quarterly earnings estimates on Tuesday, citing a strong oilseed processing outlook and clarity over U.S. biofuel blending mandates.
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Chiefs’ UDFA tight end John Michael Gyllenborg saw hometown as best fit

Chiefs’ UDFA tight end John Michael Gyllenborg saw hometown as best fit

One of Kansas City’s top undrafted free agents has strong local ties.
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Frontier Airlines forecasts bigger-than-expected second-quarter loss as fuel costs surge

Frontier Airlines forecasts bigger-than-expected second-quarter loss as fuel costs surge

May 5 (Reuters) - Frontier Group, the parent of low-cost carrier Frontier, forecast a bigger-than-expected second-quarter loss on Tuesday, as a surge in jet fuel prices erodes margins. The airline's shares plunged 9% in pre-market trading.
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Vertex tops profit estimates as sales of new cystic fibrosis drug surge

Vertex tops profit estimates as sales of new cystic fibrosis drug surge

May 4 (Reuters) - Vertex Pharmaceuticals on Monday beat Wall Street estimates for first-quarter adjusted profit, helped by a near eight-fold surge in sales of its new cystic fibrosis treatment.