Airbnb Raises Outlook, Citing Resilient Travel Demand
The short-term rental company said it now anticipates annual sales will increase by a low- to midteen percentage.
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Lyft Revenue Rises as Partnerships Boost Rides Growth
The company's revenue climbed 14% to $1.65 billion in the first quarter, boosted by growth in both riders and rides.
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CoreWeave Widens First-Quarter Loss as Costs Outpace Revenue Growth
The cloud provider reported a loss of $740 million as operating expenses rose to $2.22 billion, outpacing revenue growth.
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Cloudflare Beats Earnings and Slashes Jobs. The Stock Tumbles.
Cloudflare is cutting about 1,100 jobs. Shares had been up 30% so far this year.
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Expedia First-Quarter Sales Rise as B2B Unit Keeps Driving Growth
The online travel agency's revenue rose to $3.43 billion, driven by a 25% increase in business-to-business sales.
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Whirlpool's Stock Fell as Much as 20% After Company Warns Higher Prices Are Coming
The appliance maker cut its earnings guidance in half as historically low consumer confidence steers people away from its higher-end products.
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Gilead Sciences Expects Loss This Year on Acquired R&D Expenses
The biopharmaceutical company said it expects a 2026 adjusted loss of between $1.05 and 65 cents a share, compared with prior guidance of adjusted earnings between $8.45 and $8.85 a share.
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Citi Says It's Finally Ready to Turn the Page on Its Past
Chief Executive Jane Fraser says at the bank's first investor day in four years that Citi has "rebuilt the engine."
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SpaceX Tees Up Massive Spending Ahead of IPO
A chip-manufacturing complex, AI satellites, and space facilities add to a pricey project list at Elon Musk's company.
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McDonald's Presses Ahead in Fast Food's Value-Menu Wars
The burger giant's quarterly profit increased despite tough economic conditions. Revenue outpaced analysts' forecasts.
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Rheinmetall Aims to Start Producing Cruise Missiles as Soon as This Year
Germany's biggest arms manufacturer's expansion into the missile market would boost Europe's sovereignty in manufacturing.
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Corporate Card Startup Ramp Raising Funds at $40 Billion Valuation
The financing target represents a more than 30% increase from six months ago.
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National-Security Contractor HawkEye 360's Shares Soar in IPO
Investors are cheering defense-related companies ahead of SpaceX's planned offering.
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Carlyle Sees Market Opportunities With a Record $96 Billion to Invest
The firm continues to rake in capital but posted a first-quarter loss as distributable earnings slumped.
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Shake Shack Swings to Loss on Higher Costs
Shake Shack reported higher first-quarter revenue but swung to a loss as the restaurant chain made investments in marketing and technology and faced higher beef costs.
(END) Dow Jones Newswires
May 07, 2026 17:00 ET (21:00 GMT)
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