Roku Inc. shares got punished last week after the company delivered a disappointing set of earnings and forecasts, but Citi Research analyst Jason Bazinet doesn’t think the company’s business is Read more
Tag: appliances
Nintendo 1Q net profit beat Y94.26B expected in poll of analysts
Nintendo Co. said Wednesday that its first-quarter net profit rose 28% from a year earlier thanks to foreign-exchange gains, despite falls in sales of Switch consoles and software. The Japanese Read more
Roku stock bounces sharply in wake of record decline
Roku Inc. shares plunged a record 23.1% in Friday’s session following a downbeat earnings report, but were looking to take back at some of those losses Monday with a double-digit Read more
Roku stock plummets as earnings are widely panned: ‘The sum of all of our worries’
Shares of Roku Inc. were tumbling in premarket trading Friday after the streaming company acknowledged a “significant slowdown” in advertising spending that helped propel it to weaker-than-expected results and could Read more
Roku’s stock plunges 26% on weak outlook, misses at top and bottom lines
Roku Inc.’s stock quickly plunged 26% in extended trading after the company offered paper-thin guidance and reported fiscal second-quarter results Thursday that fell short of Wall Street analysts’ forecasts. “There Read more
Plastic waste is such a big issue, Estée Lauder is looking to space for help
It may sound like an unusual alliance: an Earth-orbiting space lab and a major comestics brand. But what draws the Center for the Advancement of Science in Space, manager of Read more
Qualcomm forecast falls short on weakening handset sales; Samsung agreement extended
Qualcomm Inc. shares fell in the extended session Wednesday after the chip maker lowered its forecast because of weakening handset sales, the company’s largest business segment, but focused on the Read more
The best times to make big purchases, and how to plan for them
When Brandy Baxter needed to replace her home’s entire heating and air conditioning system several years ago, she asked contractors if they offered deals at certain times of the year. Read more
Whirlpool slashes annual guidance, seeing demand slowdown
Appliances maker Whirpool Corp. late Monday reported mixed second-quarter earnings and slashed its guidance for the year, saying the results came amid a “challenging environment” with rising costs and a Read more
Electrolux cuts 2022 North American market outlook to negative from neutral
STOCKHOLM–Electrolux AB said Thursday that significant supply chain constraints hit production volumes in the second quarter and meant it was unable to fully meet demand. Moving forward, the company ELUX.B, Read more