Palo Alto Networks stock has been on a tear into Monday’s fourth-quarter earnings report, entering Friday’s session up nearly 17% since Aug. 5 compared to a...
Category: Earnings
TikTok and fast-food rivalry fuel Chili’s sales as parent Brinker says turnaround is taking hold
An ad campaign targeting fast-food chains and a TikTok-viral appetizer helped Chili’s same-store sales climb nearly 15% in its latest quarter. But Kevin Hochman, CEO of...
DraftKings reverses plans for a tax on customers as FanDuel parent Flutter wows Wall Street
Flutter reported phenomenal second-quarter earnings this week, wowing investors and sending shares up about 8% Wednesday as the company’s FanDuel betting platform captures market share and...
Paramount Global announces it will cut 15% of U.S. workforce, shares rise on second-quarter earnings
The Paramount Studios in Los Angeles on April 29, 2024. Eric Thayer | Bloomberg | Getty Images Paramount Global is cutting 15% of its U.S. workforce,...