Instacart Stock Jumps On Strong Order Growth
Instacart stock rose 15% after it reported 12% higher fourth quarter revenue of $992 million. The company’s gross transaction volume, or the total value of orders on its platform based on prices sho...
Airbnb Reports Slightly Stronger Revenue Growth But Higher Expenses
Airbnb’s revenue growth accelerated to 12% in the fourth quarter, while free cash flow rose 13.7% to $521 million. Shares of the accommodation-rental platform rose 5.7% in after-hours trading. The c...
Pinterest Shares Fall As It Projects Growth Slowdown
Pinterest shares plummeted almost 20% after the company reported its slowest quarterly revenue growth in two years and said it could see a further deceleration in the current quarter. CEO Bill Ready s...
FedEx Focuses on B2B Clients to Hit Revenue Goals
FedEx says it is focusing on “high-margin” clients to reach $98 billion in revenue in 2029.
During its investors day presentation Thursday (Feb. 12), the shipping company outlined it...