Astera Labs reported fourth-quarter earnings that beat on top and bottom lines, but shares plunged as much as 10% as revenue came short of some analysts’ expectations. Here’s how the artificial intelligence infrastructure and semiconductor company did compared to LSEG consensus estimates: Earnings per share: 58 cents vs. 51 cents expected Revenue: $271 million vs….
For his 21st season in the majors, Justin Verlander is going back to the very beginning of his career. All the way back to Motown. Verlander returned to the Detroit Tigers on Tuesday, agreeing to a $13 million, one-year contract with his first big league team. The three-time AL Cy Young Award winner joins an…
With gold down from its late-January highs, Wells Fargo is now advising clients to buy the dip, expecting another rally for the precious metal soon. Spot gold is off its lows seen earlier in February, but remains down more than 10% from its record high of $5,594.82 per ounce on January 29. U.S. gold futures…
CSL employees. William West | AFP | Getty Images Shares of Australian biotech firm CSL plunged to an 8-year low Wednesday after it announced the exit of Paul McKenzie as chief executive officer, and posted weak earnings for the first half of its fiscal year ended December. Shares fell 17% to 151.3 Australian dollars, their…
A researcher works in the lab at the Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024. Adam Glanzman | Bloomberg | Getty Images The Food and Drug Administration has refused to start a review of Moderna‘s application for its experimental flu shot, the company announced Tuesday, in another sign of the…
Amazon Leo Satellite Connectivity signage is displayed during the annual Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2026. Patrick T. Fallon | Afp | Getty Images The Federal Communications Commission said Tuesday it approved Amazon’s request to deploy 4,500 satellites, expanding the company’s planned constellation as it vies to compete with…
Topps is celebrating the 75th anniversary of Topps Baseball this year. The first set to be launched in this historic year, Topps Baseball Series 1, is hitting shelves on Tuesday, Feb. 11. To mark the momentous occasion, this past December, Topps put together a panel of experts made up of league executives, players and historians…
Here are some of the names making the biggest moves in extended trading. Robinhood – The maker of the trading app tumbled about 7%. Revenue in the fourth quarter came in at $1.28 billion, falling short of the $1.34 billion expected by analysts, per LSEG. Transaction-based revenue also missed expectations, landing at $776 million, versus…
Justin Tallis | Afp | Getty Images Throughout its history, bitcoin and cryptocurrencies have been subject to significant price fluctuations, whether that’s due to larger macro factors impacting all asset classes or during “crypto winters” tied to industry concerns. But with a crypto-friendly Trump administration and expectations for passage of a cryptocurrency market structure bill,…
Lyft‘s stock tumbled 15% in extended trading on Tuesday after the ride-sharing company posted disappointing fourth-quarter results. Here how the company did versus LSEG estimates: Earnings per share: Not comparable Revenue: $1.59 billion vs. $1.76 billion Revenue grew 3% from a year ago. Bookings grew 19% year over year to $5.07 billion, which was in…
