Chinese autonomous driving firm Pony.ai sees shares drop 12% in Hong Kong debut
Shares of two Chinese autonomous driving companies Pony.ai and WeRide both debuted in Hong Kong on Thursday.
E.l.f. Beauty stock plunges 29% on weak guidance, tariff impact
E.l.f. Beauty, which acquired Hailey Bieber’s beauty brand Rhode earlier this year, expects the brand to increase annual run rate revenue by $300 million.
Stocks making the biggest moves after hours: Snap, Arm Holdings, Figma, Lyft and more
These are the stocks posting the largest moves in extended trading.
FAA to cut flights by 10% at 40 major airports due to government shutdown
Transportation Secretary Sean Duffy announced Wednesday afternoon that he will be reducing flight capacity by 10% at 40 major airports.
Santoli’s Wednesday market wrap-up: Stocks quickly regain their footing after Tuesday’s one-day shakeout
The 1.2% S&P 500 decline Tuesday — driven largely by high-beta semiconductor and AI-levered tech stocks — never quite broke containment.
Doordash stock tanks 14% as company misses earnings, says it expects further spending
The food delivery platform said it expects to spend “several hundred million dollars” on new initiatives and development in 2026.
Qualcomm reports earnings, revenue beat and issues strong forecast
Qualcomm is trying to prove that it has a role in the artificial intelligence boom, which to date has been dominated by Nvidia.
Lucid misses Wall Street expectations as problems continue with SUV launch
Lucid also said it has agreed to increase a term loan credit facility from $750 million to roughly $2 billion from Saudi Arabia’s Public Investment Fund.
Snap shares rocket 20% on strong forecast, $400 million Perplexity deal
Snap on Wednesday issued its third-quarter earnings, reporting revenue that beat analysts expectations and a $500 million stock repurchase program.
Robinhood doubles revenue as it beats third-quarter earnings expectations
CFO Jason Warnick said prediction markets and Bitstamp are generating about $100 million or more in annualized revenues.