Peloton Shares Drop as New AI Products Fail to Boost Sales
Peloton (PTON) stock fell 10% in premarket trading after weak Q3 revenue guidance and disappointing holiday sales despite launching new AI-powered fitness equipment.
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Estée Lauder Raises Profit Outlook Amid Turnaround, But Shares Drop on Tariff Concerns
Estée Lauder (EL) increases earnings forecast to $2.05-$2.25 per share but warns of $100M tariff impact. Stock falls 12% as midpoint misses analyst expectations despite strong Q2 results.
Stifel Downgrades Microsoft to Hold as Azure Growth Concerns Rise
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Nio Reports First-Ever Quarterly Profit as EV Sales Surge 72%
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Baidu Announces $5 Billion Share Buyback and New Dividend Policy
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Symbotic Posts Strong Q1 Growth, Beats Revenue Expectations
AI robotics firm Symbotic reports strong Q1 results: $630M revenue (+29% YoY), $13M profit vs. last year's loss, solid Q2 outlook announced.