Uber’s Revenue Doubles, but Stock Falls After Lyft Warns of Higher Driver Costs
Uber Technologies Inc.’s UBER -4.65% revenue more than doubled last quarter, as demand for rides rebounded from the downturn caused...
Share Price Movement/Disruptions
Grubhub Owner Jet Could See Broader Engine Failure
Grubhub owner Just Eat Takeaway.com’s TKWY -0.53% share price fell nearly 70% over the past year. Trimming the fat might...
Biotech Stocks, Once Booming, Enter Bear Territory
Biotech companies are having one of their worst stock-market runs in years, as rising interest rates, scientific setbacks and a...
GameStop’s Stock Rises After Chairman Buys More Shares
Shares of GameStop Corp. rose 16% in after-hours trading after the videogame retailer’s chairman disclosed his firm bought 100,000 shares...
Rivian Automotive Curtails Production in 2022 Due to Supply-Chain Disruptions
Rivian Automotive Inc.’s losses deepened in the fourth quarter and the electric-car startup said supply-chain challenges would sharply curtail its...
Best Buy Posts Lower Sales on Supply-Chain Hit, Omicron Impact
Best Buy Co. ’s sales for the holiday quarter fell from a year earlier, as reduced store hours due to...
Lowe’s Profitability Improves Despite Dimming Sales Outlook
Lowe’s Cos. surprised Wall Street with its management of costs and pricing in the latest quarter amid a slowing outlook...
GE Warns Supply-Chain Issues to Pressure Profits, Cash Flow
General Electric Co. warned that supply-chain problems, labor shortages and inflation would weigh on its financial results in the first...
Goodyear Shares Drop as Higher Costs Raise Concerns
Goodyear Tire & Rubber Co. GT -27.44% lost more than a quarter of its market value Friday after the tire...
Disney’s Earnings Show Rebound in Disney+, Parks Businesses
Walt Disney Co. DIS 3.33% regained momentum in subscription growth for its flagship Disney DIS 3.33% + streaming service and...
GM Earnings Rose Sharply in 2021
General Motors Co. GM 2.54% said it plans to accelerate the timetable for some electric-vehicle launches and will establish a...
Citrix Systems to Go Private in Deal Valued at $16.5 Billion, Including Debt
Citrix Systems Inc. CTXS -3.81% will be taken private in an all-cash acquisition valued at $16.5 billion, including debt, making...
SoftBank COO Marcelo Claure to Leave as Stock Hits a Rough Patch
SoftBank Group Corp. 9984 2.20% said Chief Operating Officer Marcelo Claure, who helped clean up problems at the firm’s investments...
WSJ News Exclusive | Activist Investor to Call on Peloton to Fire Its CEO
An activist investor wants Peloton Interactive Inc. to fire its chief executive and explore a sale after the stationary-bike maker’s...
Netflix Plunge Deepens Nasdaq’s Correction
Plunging shares of Netflix Inc. NFLX -21.79% and other streamers dragged the Nasdaq Composite Index deeper into correction territory Friday,...
Sony Shares Fall Sharply After News of Microsoft Deal for Activision Blizzard
Sony’s Jim Ryan in Las Vegas earlier this month. Photo: patrick t. fallon/Agence France-Presse/Getty Images Sony Group Corp.’s SONY -7.17%...
Apple CEO Tim Cook Received Nearly $100 Million in Compensation in 2021
Apple Inc. AAPL -1.67% Chief Executive Officer Tim Cook received almost $100 million in compensation in 2021, a year in...
Roku Shares Rise on Deal That Restores YouTube TV App
Roku shares more than doubled in 2020 as the Covid-19 pandemic kept people home and led to increased use of...
New Covid-19 Travel Restrictions Rattle Global Airline Industry, Hit Shares
The U.S. said it would restrict travel from South Africa and seven other countries in southern Africa starting Monday, joining...
Elon Musk Sells $1.1 Billion in Tesla Stock
Elon Musk sold about $1.1 billion in Tesla Inc. shares on Monday as he exercised just over 2 million stock...
