PresentationAsiya MerchantVP & Analyst Welcome, everyone, my name is Asiya Merchant, to Day 2 of Citi's Global TMT Conference. My name is Asiya Merchant. I cover Citi's technology, hardware and tech supply chain. Really happy to have Cricut's management here. We have Kimball here. He's the CFO of Cricut, and we have Jim Suva, who is the SVP of Finance and Treasury and IR. So before I kick it off, I just have a quick safe harbor here to read. Please see Cricut's Investor Relations website and recently filed ...

Key Takeaways Kraft Heinz plans a tax-free spin-off into two independent, publicly traded companies.Berkshire wrote down $3.76B on its Kraft Heinz stake after the spin-off evaluation news.BRK.B shares are up 7.6% YTD, but its price-to-book ratio of 1.57 exceeds the industry average.Warren Buffett, who has built a fortune through his company Berkshire Hathaway Inc. (BRK.B) , is not happy about the recent plans of The Kraft Heinz Company (KHC) spin-off. BRK.B currently has a 27.4% stake in Kraft Heinz, making ...

Figma, Inc. FIG posted mixed second-quarter results after Wednesday’s closing bell.Figma reported quarterly earnings of zero cents per share, which missed the analyst estimate of 18 cents. Quarterly revenue clocked in at $249.64 million, which beat the Street estimate of $228.2 million and is up from revenue of $177.19 million from the same period last year."Our performance this quarter highlights the strength of our business and the critical value of design," said Praveer Melwani, Figma's CFO.Figma sees th ...

Longueuil, Québec--(Newsfile Corp. - September 4, 2025) - Greenheart Gold Inc. (TSXV: GHRT) (OTCQX: GHRTF) (the "Company") announces that, further to the appointment of Julie-Anaïs Debreil to its board of directors effective August 26, 2025, the Board has approved the grant of incentive stock options to Ms. Debreil to purchase 200,000 common shares of the Company at an exercise price of C$0.85 per share, effective immediately in accordance with the Company's stock option plan. The stock options are exercis ...

American Eagle Outfitters Inc AEO reported better-than-expected results for the second quarter on Wednesday.American Eagle reported second-quarter revenue of $1.28 billion, beating analyst estimates of $1.24 billion, according to Benzinga Pro. The company reported second-quarter earnings of 45 cents per share, beating estimates of 20 cents per share."We were pleased to see an improvement in the business during the second quarter driven by higher demand, lower promotions and well-managed expenses, all of whi ...

PagerDuty, Inc. PD reported mixed second-quarter results and issued third-quarter EPS guidance below estimates on Wednesday.PagerDuty posted adjusted earnings of 30 cents per share, beating market estimates of 21 cents per share. The company's sales came in at $123.411 million missing expectations of $123.639 million.PagerDuty said it sees third-quarter adjusted EPS of 24 cents to 25 cents and expects sales of $124.000 million to $126.000 million.“PagerDuty achieved important milestones in Q2, including GAA ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

FedEx Corporation (NYSE: FDX ) has been underperforming the market for quite a while. The same can be said for the other parcel delivery giant—United Parcel Service, Inc. ( UPS ). ToTradingKey is a professional financial website. Our team of analysts and editors comes from top universities with backgrounds in business and finance. They have also worked at various financial institutions. Our team specializes in analyzing macroeconomics, commodities, currencies, and the U.S. stock market.Analyst’s Disclosure: ...

Macy’s Inc M shares are trading higher on Thursday after the retailer reported better-than-expected second-quarter earnings and raised its fiscal outlook.M stock is racing ahead of the pack. Get the inside scoop here.Net sales reached $4.81 billion for the quarter, down 2.5% year over year, beating the consensus of $4.76 billion. Company brass expected between $4.65 billion and $4.75 billion.Macy’s also raised its 2025 earnings guidance from $1.60-$2.00 to $1.70-$2.05 versus the consensus of $1.79.Also Read ...

Daimler Truck is reportedly seeking a partner for its autonomous-driving unit, Torc Robotics.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The goal is to help finance the company’s investment needs, Bloomberg rep ...