Earnings Projections

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Rivian’s Losses Nearly Triple to $1.7 Billion

Rivian Automotive Inc. reported its net loss in the second quarter nearly tripled to $1.7 billion, further pressuring the electric-vehicle…

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Stock Market

Oil prices are down, but energy companies’ earnings estimates keep rising — these stocks are cheap

Oil prices have fallen from a peak earlier this year. But energy companies’ earnings estimates have kept rising on stronger…

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Stock Market

Sonos stock crunched as forecast slashed in wake of ‘significantly more challenging’ conditions

Sonos Inc. shares tumbled more than 18% in after-hours trading Wednesday after the maker of smart speakers and other audio…

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Stock Market

Micron Stock Slides on Reduced Forecast

Text size Courtesy of Micron Micron Technology shares fell in premarket trading Tuesday after the chip company said it was…

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Stock Market

Micron stock falls as company issues revenue warning amid ‘challenging’ memory conditions

Micron Technology Inc. shares were falling more than 3% in premarket trading Tuesday after the memory-chip company said that it…

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Stock Market

Novavax Stock Slides on Steep Cut to Sales Forecast

Text size Novavax slashed its revenue guidance for 2022. Karen Ducey/Getty Images Novavax slumped more than 30% early Tuesday after…

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Upstart stock drops after earnings, but CEO says he’s ‘confident’ in value of AI lending

Upstart Holdings Inc. shares fell after the company delivered a lower-than-expected revenue forecast for the current quarter, but its chief…

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Stock Market

Nvidia’s Shortfall: Blame Gamers or Crypto Mining?

Text size Nvidia has been hurt by fading pandemic-era demand for gaming graphics cards. Justin Sullivan/Getty Images Nvidia warned on…

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Stock Market

Novavax slashes sales guidance in half, stock plunges 30%

Novavax Inc. executives slashed their annual sales guidance in half Monday while wildly missing financial expectations, sending shares down more…

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Stock Market

Nvidia is hit by another ‘crypto hangover,’ and that isn’t the only problem

While in high demand and short supply for the first two years of the pandemic, Nvidia Corp.’s gaming cards have…

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