CoverGirl owner Coty withdrew its full-year guidance on Thursday as it launched a strategic focus on core brands, with new interim CEO Markus Strobel calling for improved discipline and execution to t... ...

Molina Healthcare forecast annual profit below Wall Street estimates on Thursday, as it expects increased costs in its Obamacare plans to weigh through the year. ...

Core Viewpoint - The company reported a wider fourth-quarter loss due to a turbulent period for digital assets, leading to significant losses on its bitcoin holdings [1] Group 1 - The company is identified as the world's largest hoarder of bitcoin [1] - The losses recorded were attributed to the volatility in the digital asset market [1]

Core Viewpoint - Mexican officials are exploring ways to supply fuel to Cuba to address essential needs like electricity and transportation while avoiding potential retaliatory measures from the United States, which has warned of tariffs against countries providing fuel to Cuba [1] Group 1 - Mexican officials are assessing the logistics of fuel delivery to Cuba [1] - The aim is to support Cuba's basic needs without provoking a response from Washington [1] - The U.S. has threatened tariffs on nations that supply fuel to Cuba, creating a complex diplomatic situation [1]

Roblox forecast fiscal 2026 bookings above Wall Street expectations on Thursday, signaling another year of strong growth in player spending and engagement as the videogame platform aggressively looks ... ...

Core Insights - Reddit forecasts first-quarter revenue exceeding Wall Street estimates, driven by enhancements to its ad platform powered by artificial intelligence [1] Group 1: Financial Performance - The company anticipates first-quarter revenue to surpass analyst expectations, indicating strong demand for its advertising services [1] - The integration of AI technology into the ad platform is expected to attract more marketers, contributing to revenue growth [1] Group 2: Market Position - The enhancements to the ad platform position Reddit favorably in the competitive social media landscape, potentially increasing its market share among advertisers [1]

Core Viewpoint - Antivirus software provider Gen Digital has raised its annual revenue forecast for the third consecutive quarter, indicating strong demand for its digital security services [1] Company Summary - Gen Digital is experiencing robust growth in its digital security services, as evidenced by the upward revision of its revenue forecast for three consecutive quarters [1]

Amazon.com on Thursday joined its Big Tech peers in projecting massive capital expenditures in 2026, the freshest sign yet that tech companies will not be hitting the brakes on their hefty AI investme... ...

Core Viewpoint - United Steelworkers is preparing for a potential strike or lockout at BP's Whiting refinery following unsuccessful negotiations [1] Group 1: Company Specifics - The refinery in question has a capacity of 440,000 barrels per day [1] - The union's actions come after weeks of negotiations with BP [1] Group 2: Industry Context - The situation highlights ongoing labor tensions within the oil refining sector [1] - Potential disruptions at major refineries can impact fuel supply and pricing in the broader market [1]

Core Viewpoint - Danone is recalling over 120 batches of infant formula in Austria due to potential contamination with the toxin cereulide [1] Company Summary - The recall involves more than 120 batches of infant formula [1] - The reason for the recall is the possible contamination with the toxin cereulide [1] Industry Summary - The incident highlights potential safety concerns in the infant formula sector [1] - Such recalls can impact consumer trust and regulatory scrutiny within the food industry [1]