Paul Tudor Jones speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC Billionaire hedge fund manager Paul Tudor Jones said Tuesday that stocks are bound to hit new lows even if President Donald Trump tones down his aggressive tariffs on China. “For me, it’s pretty clear. You have Trump who’s…
A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020. Carlo Allegri | Reuters Doordash on Tuesday announced the $1.2 billion acquisition of restaurant booking platform SevenRooms and reported first-quarter revenue that missed expectations. Shares of Doordash fell 5% following the news. Here’s how…
Friedrich Merz, designated Federal Chancellor (CDU), is pictured during the signing of the coalition agreement between the SPD, CDU, and CSU on May 05, 2025 in Berlin, Germany. Florian Gaertner | Photothek | Getty Images Friedrich Merz failed to be elected German chancellor Tuesday, after he fell short of securing a majority in a shock…
A Hugo Boss store in Berlin, Germany, on Tuesday, April 25, 2023. Bloomberg | Getty Images Shares of Hugo Boss jumped on Tuesday after it posted a lower-than-feared decline in first-quarter sales and reiterated its full-year guidance despite macroeconomic and tariff uncertainty. The high-end German retailer said revenues fell 2% on a currency adjusted basis…
A Deliveroo rider near Victoria station in London, England, on March 31, 2021. Dan Kitwood | Getty Images LONDON — British food delivery firm Deliveroo on Monday said it has agreed to a takeover offer from American rival DoorDash that values the company at £2.9 billion ($3.9 billion). Deliveroo, which lets users order hot meals…
Shares of Hims & Hers Health fell in extended trading on Monday after the company reported first-quarter earnings that beat analysts’ expectations but offered weaker-than-expected guidance. Here’s how the company did based on average analysts’ estimates compiled by LSEG: Earnings per share: 20 cents vs. 12 cents Revenue: $586 million vs. $538 million Revenue at…
Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025. David Paul Morris | Bloomberg | Getty Images Palantir boosted its revenue guidance Monday and reported earnings that met expectations as the artificial intelligence software company saw its shares fall about 9%…
Hinge Health’s TrueMotion feature. Courtesy: Hinge Health Hinge Health on Monday updated its prospectus to include the results from its first quarter, which showed accelerating revenue growth over its fourth quarter. The digital physical therapy startup filed to go public in March, but it has not shared a price range yet. Hinge said that revenue…
The Kalshi app arranged on a smartphone in New York, US, on Monday, Feb. 10, 2025. Gabby Jones | Bloomberg | Getty Images The Commodity Futures Trading Commission on Monday moved to drop its appeal of a federal judge’s ruling that had allowed commodities exchange KalshiEx to take bets on the outcome of U.S. political…
Two men sit under a sign of Credit Suisse displayed on a building in Lugano, on June 9, 2023. Fabrice Coffrini | AFP | Getty Images Credit Suisse Services AG will pay about $511 million to settle a criminal case for having conspired with American taxpayers to hide more than $4 billion in at least…
