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Albertsons stock fell 8% after issuing lower-than-expected full-year guidance, despite beating Q4 earnings estimates.
Netflix stock surged over 6% following a report outlining plans to double revenue and triple profits by 2030.
LVMH ADRs fell nearly 4% Tuesday, extending losses from Monday’s revenue miss and gloomy earnings report.
Highlights
Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI), a California-based electric mobility company, hosted its first FX Developer Co-Creation Event at its Los Angeles headquarters. The event marked the official launch of the FX Developer Co-Creation Program, an initiative aimed at involving future users, developers, …
Highlights
Carnival Corporation & plc (NYSE: CCL) has announced an order for two new ships for AIDA Cruises, its popular German cruise line. The ships will be designed, engineered, and built by the Italian shipbuilder Fincantieri. These vessels will be multi-fuel capable, utilizing LNG (liquefied …
Revenue Decline:Sales fell 5% to $2.372 billion, but still topped forecasts of $2.33 billion.
Stock Drops:J&J shares fell 7.6%, closing at $153.25, marking a sharp reversal from its recent breakout.
High Demand Expected:The originalSwitch sold nearly 151 million units, making it Nintendo’sbest-selling home consoleever.
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