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Pinterest Fourth-Quarter Profit Drops, Expects Revenue Growth to Slow
WSJ· 2026-02-12 22:53
The social-media company recorded a profit of $277.1 million, and expects growth to decelerate further in the current quarter. ...
Citigroup CEO Jane Fraser's Pay Jumped to $42 Million in 2025
WSJ· 2026-02-12 22:52
Core Insights - Fraser earned approximately $7.5 million more than the previous year [1] Company Summary - The increase in earnings indicates a significant improvement in Fraser's financial performance compared to the prior year [1]
Worries About AI Disruptions Fuel Stock Slide
WSJ· 2026-02-12 22:20
Investors are pulling out of companies they think could be hurt by artificial intelligence. 'It's shoot first, ask questions later. ...
Rivian Automotive Widens Loss as Automotive Revenue Slides
WSJ· 2026-02-12 22:02
Core Viewpoint - The company's automotive revenue experienced a significant decline of 45%, totaling $839 million in the fourth quarter [1] Group 1: Financial Performance - Automotive revenue, which constitutes the majority of the company's total revenue, fell to $839 million [1]
DraftKings Shares Lofty Prediction Markets Goals in 2026 Outlook
WSJ· 2026-02-12 21:50
Core Insights - The online sports betting operator experienced a 43% increase in sales during the fourth quarter [1] - The company announced ambitious investment plans for its prediction markets platform [1] Sales Performance - The operator reported a significant 43% jump in sales in the fourth quarter [1] Investment Plans - The company shared plans for substantial investments aimed at enhancing its prediction markets platform [1]
Wynn Resorts Logs Mixed Fourth Quarter on Macau Strength, Las Vegas Challenges
WSJ· 2026-02-12 21:36
Core Viewpoint - The gaming and hospitality operator reported a profit of $100 million, driven by increased sales at its Macau properties, while experiencing a decline in sales at its Las Vegas and Boston operations [1] Group 1 - The company achieved a profit of $100 million [1] - Sales increased at the company's Macau properties [1] - Sales declined at the company's Las Vegas and Boston operations [1]
Coinbase Swings to a Fourth-Quarter Loss Amid Crypto Meltdown
WSJ· 2026-02-12 21:31
Core Insights - The largest U.S. cryptocurrency exchange experienced a 22% decline in revenue during the fourth quarter, coinciding with a significant drop in the prices of bitcoin and other digital assets [1] Company Summary - The revenue drop of 22% indicates a challenging market environment for the exchange, reflecting the broader trends in the cryptocurrency market [1] Industry Summary - The sharp decline in prices of bitcoin and other digital assets during the fourth quarter has had a direct impact on the revenue of major exchanges, highlighting the volatility and risks associated with the cryptocurrency market [1]
Applied Materials Profit Rises On Soaring AI Computing Demand
WSJ· 2026-02-12 21:31
The semiconductor-equipment maker posted a profit of $2.03 billion, or $2.54 a share, in the quarter ended in January, compared with $1.19 billion, or $1.45 a share, a year earlier. ...
Expedia's B2B Business Drives 11% Sales Growth in Fourth Quarter
WSJ· 2026-02-12 21:18
Core Insights - The company's business-to-business division is experiencing increased revenue due to a growing number of corporate travel customers, airlines, and banks utilizing Expedia for technology, inventory, and tools to enhance their operations [1] Group 1 - The business-to-business division is a significant revenue driver for the company [1] - Corporate travel customers are increasingly turning to Expedia for support [1] - Airlines and banks are leveraging Expedia's technology and inventory [1]
Airbnb Logs Mixed Fourth Quarter Amid Ambitious Investment Plans
WSJ· 2026-02-12 21:16
The vacation rental company posted higher revenue but lower profit, as investments in new business drive up expenses. ...