Explore

Reuters Reuters
DoorDash projects strong growth as delivery demand holds firm

DoorDash projects strong growth as delivery demand holds firm

Aug 5 (Reuters) - DoorDash on Wednesday forecast third-quarter gross order value and core profit above Wall Street estimates after topping results for the prior three months on sustained demand for food, grocery and convenience deliveries.
Reuters Reuters
Airbnb posts higher quarterly revenue on global travel demand, World Cup boost

Airbnb posts higher quarterly revenue on global travel demand, World Cup boost

By Aishwarya Jain and Doyinsola Oladipo Aug 6 (Reuters) - Vacation rental company Airbnb posted a rise in second-quarter revenue on Thursday, helped by strong global demand for travel and a boost from first time users during the FIFA World Cup hosted in the U.S., Canada and Mexico.
Reuters Reuters
Fox posts upbeat revenue on ad boost from FIFA World Cup

Fox posts upbeat revenue on ad boost from FIFA World Cup

Aug 6 (Reuters) - Fox Corp beat Wall Street estimates for fourth-quarter revenue and profit on Thursday, as the FIFA World Cup boosted advertising sales during a busy news cycle. Shares of the company rose 2.3% in premarket trading.
Reuters Reuters
Ralph Lauren shares jump as shoppers in Asia, North America drive revenue beat

Ralph Lauren shares jump as shoppers in Asia, North America drive revenue beat

By Anuja Bharat Mistry and Danielle Kaye Aug 6 (Reuters) - Ralph Lauren beat Wall Street estimates for first-quarter results on Thursday, driven by persistent demand from young shoppers in Asia and North America for its high-end collections, from linen shorts to alligator-skin leather bags.
Reuters Reuters
Keurig Dr Pepper reaffirms forecast on strong soda, energy drink demand

Keurig Dr Pepper reaffirms forecast on strong soda, energy drink demand

Aug 6 (Reuters) - Keurig Dr Pepper on Thursday left its annual forecasts unchanged after beating analysts' estimates for second-quarter sales and profit, helped by strength in its sodas and energy drinks portfolios, even as it navigates weakness in its coffee business.
Reuters Reuters
Uber forecasts weak quarterly profit, doubles down on robotaxi investment plans

Uber forecasts weak quarterly profit, doubles down on robotaxi investment plans

Aug 5 (Reuters) - Uber Technologies forecast current-quarter adjusted earnings below Wall Street estimates on Wednesday, saying that foreign exchange would trim bookings growth and reaffirming plans to invest heavily in robotaxis and acquisitions.
Reuters Reuters
Burger King's US strength helps Restaurant Brands top quarterly same-store sales estimates

Burger King's US strength helps Restaurant Brands top quarterly same-store sales estimates

Aug 6 (Reuters) - Restaurant Brands International beat overall same-store sales growth expectations for the second quarter, helped by resilient demand at its Burger King chain in the U.S.
Reuters Reuters
Snap beats revenue estimates on ad boost from World Cup, shares jump

Snap beats revenue estimates on ad boost from World Cup, shares jump

Aug 3 (Reuters) - Snap beat second-quarter revenue estimates on Monday, thanks to increased advertising spending during the FIFA World Cup and stronger campaign activity from large advertisers in North America, sending its shares up 9% in extended trading.
Reuters Reuters
Marriott forecasts quarterly profit below estimates as Middle East revenue slumps

Marriott forecasts quarterly profit below estimates as Middle East revenue slumps

By Anshuman Tripathy Aug 3 (Reuters) - Marriott International forecast third-quarter profit below Wall Street expectations on Monday as softer demand in the Middle East hurt hotel room revenue, sending shares 7% lower in early trading.
Reuters Reuters
Analysis-A separation of Tesla’s China business ahead of a potential SpaceX merger could get tricky

Analysis-A separation of Tesla’s China business ahead of a potential SpaceX merger could get tricky

By Chris Kirkham and Ju-min Park Aug 4 (Reuters) - Tesla has several paths to separating its China business – each of them complicated – should CEO Elon Musk decide that’s a necessary step to combine the automaker with his rocket company SpaceX.
Reuters Reuters
Soccer-Jordan FA chief accuses FIFA's Infantino of 'blackmail' over endorsement

Soccer-Jordan FA chief accuses FIFA's Infantino of 'blackmail' over endorsement

Aug 4 (Reuters) - Jordan Football Association President Ali bin Hussein launched a public attack on FIFA President Gianni Infantino on Tuesday, accusing him of "blackmail" and claiming FIFA offered to help solve the kingdom's problems in exchange for his endorsement.
Reuters Reuters
Food distributor Sysco forecasts strong annual sales, profit on resilient demand

Food distributor Sysco forecasts strong annual sales, profit on resilient demand

Aug 4 (Reuters) - Sysco on Tuesday forecast strong annual results after beating quarterly sales and profit estimates, helped by improving orders from local and international customers despite macroeconomic uncertainty and an outbreak of cyclosporiasis in the U.S.