Disney reported strong growth in paid streaming subscribers and its first quarterly profit since early last year in its earnings report for its fiscal first quarter of 2021 after the bell Thursday. The stock was up around 1.7% after hours. Here are the key numbers: Earnings per share: 32 cents adjusted vs. loss of 41 cents
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Whitney Wolfe Herd, founder and CEO of Bumble, has built a business worth over $7 billion in seven years. In its initial public offering, Bumble raised $2.2 billion from investors. Bumble is also one of the three female-founded companies to go public in the past year and has made Wolfe Herd a billionaire at 31. So
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Pepsi soft drinks are displayed at a convenience store in San Francisco, California. Justin Sullivan | Getty Images PepsiCo on Thursday reported fourth-quarter earnings that topped estimates, fueled by pandemic snacking and higher sales of drinks like Gatorade Zero and Bubly sparkling water. On the heels of the strong quarter, the beverage and snacks maker
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Coca-Cola said Wednesday the coronavirus pandemic is still hurting its sales, but cost-cutting efforts helped it top analysts’ earnings estimates. The company also released its first forecast since the crisis hit its business. Analysts appear to be more optimistic than the soft-drink company about the speed of its recovery. Shares of the company rose 1%
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General Motors on Wednesday reported fourth-quarter earnings that easily beat Wall Street expectations, but the company warned that a global semiconductor chip shortage could cut its earnings by $2 billion this year. Automakers and parts suppliers began warning of the shortage late last year after demand for vehicles rebounded more strongly than expected following a
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Twitter and Square CEO Jack Dorsey speaks during a press event at CES 2019 on January 9, 2019 in Las Vegas, Nevada. David Becker | Getty Images News | Getty Images Twitter’s stock was up slightly in after-hours trading on Tuesday after the company reported its fourth-quarter earnings, as the company beat Wall Street’s earnings
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A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S., August 20, 2020. Mike Blake | Reuters Ride-hailing company Lyft reported fourth-quarter earnings on Tuesday,
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Chuck Robbins, chief executive officer of Cisco Technologies Inc., speaks during a panel session at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 17, 2017. World leaders, influential executives, bankers and policy makers attend the 47th annual meeting of the World Economic Forum in Davos from Jan. 17 – 20. Jason Alden
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Self-made billionaire Mark Cuban, investor on ABC’s “Shark Tank” and owner of the Dallas Mavericks, often attributes his success to his commitment to life-long learning. But “the most underrated thing” about Cuban is a skill he honed working at a bar in college, Cuban’s former statistics professor at Indiana University, Wayne Winston, reportedly told podcast
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laflor | E+ | Getty Images After experiencing a year that I am sure we would all like to forget, there are definitely some financial lessons learned from 2020 that we should use in our day to day lives going forward. The most significant thing about experiencing events that are statistically very rare, such as
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At some point during the first quarter of Sunday’s Super Bowl LV, billionaire entrepreneur Jared Isaacman is set to appear on around 100 million television screens in a 30-second spot he bought to tout “the world’s first all-civilian mission” to space — a SpaceX mission he is paying to command. The mission, dubbed Inspiration4, is
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